Reliance Steel Return on Average Equity Trend

Reliance Steel Aluminum Co -- USA Stock  

USD 82.59  1.10  1.31%

This module enables investors to look at Reliance Steel various fundamental indicators over time in order to gain insight into the company future performance. Macroaxis historical fundamental analysis tools allow evaluation of not only typical financial statement drivers such as Consolidated Income of 363.6 M, Cost of Revenue of 7.1 B or Earning Before Interest and Taxes EBIT of 598.8 M, but also many exotic indicators such as Interest Coverage of 4.5704, Long Term Debt to Equity of 0.4292 or Calculated Tax Rate of 36.5483. This module is a perfect complement to use when analyzing Reliance Steel Valuation or Volatility. It can also complement various Reliance Steel Technical models. Additionally take a look at analysis of Reliance Steel Correlation with competitors.
Showing smoothed Return on Average Equity of Reliance Steel Aluminum Co with missing and latest data points interpolated. Return on equity measures a corporation's profitability by calculating the amount of Net Income Common Stock returned as a percentage of Average Equity.

13.99 %

            10 Years Trend  
Slightly volatile
 Return on Average Equity 

Reliance Steel Return on Average Equity Over Time

2016-12-31  0.074 
2017-12-31  0.074 
2018-12-31  0.14 

Other Fundumenentals


Regression Statistics

Arithmetic Mean  0.077531
Geometric Mean  0.075855
Coefficient Of Variation  25.20
Mean Deviation  0.009595
Median  0.074
Standard Deviation  0.019538
Sample Variance  0.00038173
Range  0.0859
R Value  0.56
Mean Square Error  0.00028375
R Squared  0.32
Significance  0.044463
Slope  0.002832
Total Sum of Squares  0.004581

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