Reliance Steel Company Insiders
RS Stock | USD 334.18 2.72 0.81% |
Reliance Steel's insiders are aggressively selling. The current insiders' sentiment regarding investing in Reliance Steel Aluminum stock implies that vertually all insiders are panicking. Reliance Steel employs about 15 K people. The company is managed by 34 executives with a total tenure of roughly 284 years, averaging almost 8.0 years of service per executive, having 441.18 employees per reported executive.
Gregg Mollins CEO CEO and President and Director |
James Hoffman CEO President, Chief Executive Officer, Director |
Reliance Steel's Insider Buying Vs Selling
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Selling | Buying |
Latest Trades
2024-03-06 | Arthur Ajemyan | Disposed 3000 @ 322.95 | View | ||
2024-02-27 | James Donald Hoffman | Disposed 40000 @ 322.95 | View | ||
2024-02-20 | Karla R Lewis | Disposed 42346 @ 318.97 | View | ||
2024-02-16 | Karla R Lewis | Disposed 650 @ 322.96 | View | ||
2023-12-04 | Michael R Hynes | Disposed 1057 @ 278.86 | View | ||
2023-11-30 | James Donald Hoffman | Disposed 10000 @ 272.49 | View | ||
2023-08-31 | Karla R Lewis | Disposed 10000 @ 284.15 | View | ||
2023-08-29 | James Donald Hoffman | Disposed 10000 @ 285.76 | View | ||
2023-08-21 | Jeffrey Wayne Durham | Disposed 6503 @ 275.42 | View | ||
2023-08-18 | Mark V Kaminski | Disposed 5000 @ 277.65 | View | ||
2023-07-31 | William A Smith II | Disposed 6000 @ 292.71 | View | ||
2023-05-30 | James Donald Hoffman | Disposed 10000 @ 235.16 | View |
Monitoring Reliance Steel's insider sentiment can offer insights into its future performance, as insiders often have access to more information about their company's operations, financial health, and upcoming initiatives than the general public. However, it's essential to note that insider trading is regulated by securities laws, and insiders are required to disclose their trades publicly to ensure transparency and prevent unfair advantages based on non-public information.
Reliance |
Reliance Steel's Workforce Through the Years
Please note that employee historical analysis has become an increasingly important factor for investors assessing the risk associated with Reliance Steel's future performance. Based on our forecasts, it is anticipated that Reliance will maintain a workforce of slightly above 15000 employees by April 2024.Reliance Steel Management Team Effectiveness
The company has Return on Asset (ROA) of 0.1045 % which means that for every $100 of assets, it generated a profit of $0.1045. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.1807 %, which means that it produced $0.1807 on every 100 dollars invested by current stockholders. Reliance Steel's management efficiency ratios could be used to measure how well Reliance Steel manages its routine affairs as well as how well it operates its assets and liabilities. Return On Assets is likely to gain to 0.13 in 2024, whereas Return On Capital Employed is likely to drop 0.11 in 2024. At this time, Reliance Steel's Asset Turnover is comparatively stable compared to the past year.Common Stock Shares Outstanding is likely to gain to about 70.5 M in 2024. Net Income Applicable To Common Shares is likely to gain to about 2.2 B in 2024
Reliance Steel Workforce Comparison
Reliance Steel Aluminum is rated second in number of employees category among related companies. The total workforce of Materials industry is at this time estimated at about 52,614. Reliance Steel totals roughly 15,000 in number of employees claiming about 29% of all equities under Materials industry.
Reliance Steel Profit Margins
The company has Net Profit Margin (PM) of 0.09 %, which suggests that even a small decline in it sales will erase profits and may result in a net loss, or a negative profit margin. This is way below average. Likewise, it shows Net Operating Margin (NOM) of 0.1 %, which signifies that for every $100 of sales, it has a net operating income of $0.1.Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Gross Profit Margin | 0.22 | 0.2906 |
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Net Profit Margin | 0.0947 | 0.0902 |
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Operating Profit Margin | 0.0608 | 0.1175 |
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Pretax Profit Margin | 0.12 | 0.1176 |
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Return On Assets | 0.13 | 0.1267 |
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Return On Equity | 0.1 | 0.173 |
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Reliance Steel Insider Trading History
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Reliance Steel insiders, such as employees or executives, is commonly permitted as long as it does not rely on Reliance Steel's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases, Reliance Steel insiders must file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Buy/Sell Ratio | # Purchases Trades | # Sales Trades | Total Shares Purchased | Total Shares Sold | |
---|---|---|---|---|---|
2024-03-01 | 0.8333 | 15 | 18 | 187,926 | 142,416 |
2023-06-01 | 1.4 | 7 | 5 | 4,305 | 10,000 |
2023-03-01 | 0.2222 | 8 | 36 | 93,229 | 542,905 |
2022-12-01 | 0.0625 | 1 | 16 | 95,333 | 138,492 |
2022-06-01 | 1.3333 | 8 | 6 | 6,136 | 20,000 |
2022-03-01 | 0.64 | 16 | 25 | 301,545 | 223,438 |
2021-06-01 | 2.6667 | 8 | 3 | 6,248 | 5,000 |
2021-03-01 | 1.25 | 15 | 12 | 148,236 | 63,441 |
2020-06-01 | 9.0 | 9 | 1 | 12,807 | 52.00 |
2020-03-01 | 1.875 | 15 | 8 | 162,426 | 47,651 |
2019-06-01 | 1.3333 | 8 | 6 | 11,640 | 46,893 |
2019-03-01 | 0.75 | 18 | 24 | 261,400 | 239,608 |
2018-06-01 | 2.5 | 10 | 4 | 13,880 | 26,726 |
2018-03-01 | 0.8947 | 17 | 19 | 184,470 | 124,574 |
2017-03-01 | 0.7619 | 16 | 21 | 74,900 | 57,490 |
2016-12-01 | 0.4444 | 12 | 27 | 98,700 | 228,702 |
2016-09-01 | 0.1111 | 1 | 9 | 32,000 | 52,609 |
2016-06-01 | 0.625 | 15 | 24 | 107,101 | 265,898 |
2016-03-01 | 0.6364 | 28 | 44 | 291,822 | 441,235 |
2015-12-01 | 0.3846 | 10 | 26 | 96,700 | 204,329 |
2015-06-01 | 1.1429 | 8 | 7 | 37,719 | 70,433 |
2015-03-01 | 0.8889 | 16 | 18 | 175,220 | 193,328 |
2014-12-01 | 0.5833 | 7 | 12 | 21,200 | 48,392 |
2014-09-01 | 0.375 | 9 | 24 | 73,500 | 163,915 |
2014-06-01 | 0.9474 | 18 | 19 | 156,080 | 288,500 |
2013-12-01 | 0.6667 | 6 | 9 | 120,000 | 260,000 |
2013-09-01 | 0.2222 | 4 | 18 | 135,000 | 290,386 |
2013-06-01 | 1.1333 | 17 | 15 | 134,168 | 218,875 |
2012-12-01 | 0.4615 | 6 | 13 | 142,250 | 296,323 |
2012-09-01 | 0.0909 | 2 | 22 | 10,000 | 59,979 |
2012-06-01 | 1.6667 | 10 | 6 | 118,218 | 267,526 |
2012-03-01 | 7.0 | 7 | 1 | 116,000 | 1,875 |
2011-12-01 | 0.5 | 2 | 4 | 7,500 | 18,500 |
2011-09-01 | 2.3333 | 7 | 3 | 82,500 | 1,343 |
2011-06-01 | 7.0 | 7 | 1 | 16,079 | 10,000 |
2011-03-01 | 3.0 | 9 | 3 | 310,000 | 9,750 |
2010-12-01 | 0.2 | 1 | 5 | 2,500 | 47,500 |
2010-09-01 | 1.0833 | 13 | 12 | 166,250 | 213,850 |
2010-06-01 | 1.3333 | 8 | 6 | 96,000 | 152,500 |
2010-03-01 | 1.0 | 15 | 15 | 1,252,000 | 2,732,676 |
2009-12-01 | 0.3846 | 5 | 13 | 517,500 | 5,357,500 |
2009-09-01 | 0.3333 | 1 | 3 | 3,750 | 3,507,500 |
2009-06-01 | 11.25 | 45 | 4 | 346,925 | 60,000 |
2008-12-01 | 0.8 | 20 | 25 | 34,000 | 32,819 |
2008-09-01 | 1.0 | 3 | 3 | 16,500 | 25,000 |
2008-06-01 | 0.0985 | 27 | 274 | 311,234 | 502,749 |
2008-03-01 | 0.2547 | 41 | 161 | 331,000 | 146,330 |
2007-12-01 | 0.0351 | 2 | 57 | 65,000 | 147,500 |
2007-06-01 | 0.0803 | 24 | 299 | 140,290 | 223,100 |
2007-03-01 | 0.3889 | 28 | 72 | 290,000 | 197,613 |
2006-12-01 | 0.1613 | 5 | 31 | 60,000 | 61,500 |
2006-09-01 | 0.1034 | 3 | 29 | 8,416,180 | 30,000 |
2006-06-01 | 0.5769 | 15 | 26 | 40,628 | 60,000 |
2005-12-01 | 11.4 | 57 | 5 | 772,500 | 5,000 |
2005-09-01 | 0.0196 | 4 | 204 | 41,500 | 98,609 |
2005-06-01 | 6.0 | 12 | 2 | 21,885 | 18,000 |
2005-03-01 | 0.0385 | 13 | 338 | 140,500 | 260,500 |
2004-09-01 | 0.0299 | 2 | 67 | 25,000 | 60,000 |
2004-06-01 | 0.1688 | 13 | 77 | 73,887 | 148,500 |
2004-03-01 | 0.0435 | 2 | 46 | 30,000 | 56,975 |
2003-12-01 | 0.2025 | 48 | 237 | 490,323 | 192,113 |
2003-09-01 | 1.0 | 3 | 3 | 62,900 | 184,100 |
Reliance Steel Notable Stakeholders
A Reliance Steel stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as Reliance Steel often face trade-offs trying to please all of them. Reliance Steel's stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting Reliance Steel's stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
Gregg Mollins | CEO and President and Director | Profile | |
James Hoffman | President, Chief Executive Officer, Director | Profile | |
Mark Kaminski | Independent Non-Executive Chairman of the Board | Profile | |
David Hannah | Executive Chairman | Profile | |
Suzanne Bonner | Chief Information Officer, Vice President | Profile | |
William Smith | Senior Vice President General Counsel, Corporate Secretary | Profile | |
Stephen Koch | Senior Vice President - Operations | Profile | |
Arthur Ajemyan | Chief Financial Officer, Vice President | Profile | |
William Sales | Executive Vice President, Operations | Profile | |
Jeffrey Durham | Mr. Senior Vice President - Operations | Profile | |
Sheldon Tenenbaum | Senior Vice President - Supplier Development | Profile | |
Brenda Miyamoto | Vice President - Corporate Initiatives, Investor Relation Officer | Profile | |
Donald Prebola | Vice President, Health & Human Resources | Profile | |
Karla Lewis | CFO, Executive Vice President Assistant Corporate Secretary | Profile | |
Michael Shanley | Senior Vice President - Operations | Profile | |
Leslie Waite | Independent Director | Profile | |
Douglas Hayes | Lead Independent Director | Profile | |
Andrew Sharkey | Independent Director | Profile | |
Robert McEvoy | Independent Director | Profile | |
John Figueroa | Independent Director | Profile | |
Thomas Gimbel | Independent Director | Profile | |
Douglas Stotlar | Independent Director | Profile | |
Karen Colonias | Independent Director | Profile | |
Sarah Anderson | Independent Director | Profile | |
William II | General VP | Profile | |
Michael Hynes | Senior Operations | Profile | |
Frank Dellaquila | Independent Director | Profile | |
Silva Yeghyayan | Vice President - Tax | Profile | |
Brian Yamaguchi | Vice President - Supplier Development | Profile | |
Sean Mollins | Senior Vice President - Operations | Profile | |
David Seeger | Independent Director | Profile | |
Lisa Baldwin | Independent Director | Profile | |
John Shatkus | Vice President - Internal Audit | Profile | |
Vandy Lupton | Vice Resources | Profile |
About Reliance Steel Management Performance
The success or failure of an entity such as Reliance Steel Aluminum often depends on how effective the management is. Reliance Steel management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Reliance management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Reliance management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
Last Reported | Projected for 2024 | ||
Return On Capital Employed | 0.18 | 0.11 | |
Return On Assets | 0.13 | 0.13 | |
Return On Equity | 0.17 | 0.10 |
The data published in Reliance Steel's official financial statements usually reflect Reliance Steel's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Reliance Steel Aluminum. For example, before you start analyzing numbers published by Reliance accountants, it's critical to develop an understanding of what Reliance Steel's liquidity, profitability, and earnings quality are in the context of the Metals & Mining space in which it operates.
Please note, the presentation of Reliance Steel's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Reliance Steel's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Reliance Steel's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Reliance Steel Aluminum. Please utilize our Beneish M Score to check the likelihood of Reliance Steel's management manipulating its earnings.
Reliance Steel Workforce Analysis
Traditionally, organizations such as Reliance Steel use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare Reliance Steel within its industry.Reliance Steel Manpower Efficiency
Return on Reliance Steel Manpower
Revenue Per Employee | 987.1K | |
Revenue Per Executive | 435.5M | |
Net Income Per Employee | 89.1K | |
Net Income Per Executive | 39.3M | |
Working Capital Per Employee | 261.9K | |
Working Capital Per Executive | 115.5M |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reliance Steel Aluminum. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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When running Reliance Steel's price analysis, check to measure Reliance Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reliance Steel is operating at the current time. Most of Reliance Steel's value examination focuses on studying past and present price action to predict the probability of Reliance Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliance Steel's price. Additionally, you may evaluate how the addition of Reliance Steel to your portfolios can decrease your overall portfolio volatility.
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Is Reliance Steel's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Reliance Steel. If investors know Reliance will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Reliance Steel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.20) | Dividend Share 4 | Earnings Share 22.63 | Revenue Per Share 253.839 | Quarterly Revenue Growth (0.08) |
The market value of Reliance Steel Aluminum is measured differently than its book value, which is the value of Reliance that is recorded on the company's balance sheet. Investors also form their own opinion of Reliance Steel's value that differs from its market value or its book value, called intrinsic value, which is Reliance Steel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Reliance Steel's market value can be influenced by many factors that don't directly affect Reliance Steel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Reliance Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Reliance Steel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reliance Steel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.