Reliance Steel Return on Average Equity Trend

RS -- USA Stock  

USD 92.52  1.79  1.97%

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.
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14.98 %

          10 Years Trend
Increasing
Slightly volatile
 Return on Average Equity 
      Timeline 

Regression Statistics

Arithmetic Mean  0.08
Geometric Mean  0.08
Coefficient Of Variation  29.41
Mean Deviation  0.011858
Median  0.07
Standard Deviation  0.023132
Sample Variance  0.00053511
Range  0.1
R Value  0.57
Mean Square Error  0.00039447
R Squared  0.33
Significance  0.05
Slope  0.003685
Total Sum of Squares  0.005886

Reliance Steel Return on Average Equity Over Time

2016-12-31  0.07 
2017-12-31  0.07 
2018-12-31  0.15 

Other Fundumenentals

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Reliance Steel Upcoming Company Events

Upcoming Quarterly ReportApril 27, 2017
Next Earnings ReportJuly 20, 2017
Additionally take a look at analysis of Reliance Steel Correlation with competitors. Please also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.