Reliance Steel (RS) Tops Q4 EPS by $1.61

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Reliance Steel & Aluminum Co. Reports Fourth Quarter and Full Year 2021 Financial Results

February 17, 2022 6:50 AM EST

- Record annual net sales of $14.09 billion- Record annual gross profit of $4.49 billion driven by record annual gross profit margin of 31.9%- Record annual pretax income and margin of $1.88 billion and 13.4%- Record annual EPS of $21.97, non-GAAP EPS of $22.12- Record quarterly EPS of $6.64, non-GAAP EPS of $6.83- Repurchased $323.5 million of Reliance common stock in 2021- Increased quarterly dividend 27.3% to $0.875 per share- Completed four acquisitions with combined annualized sales of $1.0 billion

LOS ANGELES, Feb. 17, 2022 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE: RS) today reported its financial... More