Russel Metals Inc

RUS

Equity

ISIN CA7819036046 / Valor 910430

Toronto Stock Exchange (2025-04-04)

CAD 36.56-5.38%

Russel Metals Inc
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About company

Russel Metals Inc is a company that primarily distributes metal products and operates in three main business segments. Their Service Centers offer processing and distribution services for a wide range of metal products, including carbon steel, stainless steel, aluminum, and other specialty metals. The company's steel distributors supply sheet, plate, structural, and tubular products to customers across the nation, sourced from both domestic and international producers. Additionally, they distribute tubes, valves, fittings, and other products to the energy industry in Western Canada and the United States.

Summarized from source with an LLMView SourceSector: Non-Energy Materials

Revenue Performance

In the third quarter of 2024, Russel Metals Inc reported revenues of $1.1 billion. This figure reflects a slight decrease compared to the $1.11 billion reported in the same quarter of the previous year, indicating a stable revenue performance amidst market fluctuations.

EBITDA and Earnings

Russel Metals Inc achieved an EBITDA of $67 million in Q3 2024. The earnings per share (EPS) for this period stood at $0.59, showcasing a decrease from the $0.99 EPS reported in Q3 2023, highlighting some challenges in maintaining profit margins.

Net Income Insights

The net income for Russel Metals Inc in the third quarter of 2024 was $35 million. This is a decrease from the $61 million net income recorded in the same quarter of the previous year, reflecting the impact of various operational and market factors on profitability.

Cash Flow and Investments

During Q3 2024, Russel Metals Inc generated $163 million in cash from operating activities. The company also invested $21 million in capital expenditures, demonstrating a commitment to enhancing operational capabilities and future growth prospects.

Share Repurchase and Liquidity

Russel Metals Inc repurchased $46 million worth of shares, equating to 2% of the shares outstanding, in the third quarter of 2024. The company reported liquidity of $762 million, ensuring strong financial flexibility to support ongoing operations and strategic initiatives.

Summarized from source with an LLMView Source

Key figures

-16.4%1Y

14.8%3Y

188%5Y

Performance

23.7%1Y

26.6%3Y

28.1%5Y

Volatility