Russel Metals Inc
Russel Metals Inc. engages in the distribution of steel and other metal products in Canada and the United States. The company operates through Metals Service Centers, Energy Field Stores, and Steel Distribution segments. The Metal Service Centers segment operates a network of metals service centers, which provide metal products in various sizes, shapes, and specifications, including carbon hot ro… Read more
Russel Metals Inc (RUSMF) - Net Assets
Latest net assets as of December 2025: $1.59 Billion USD
Based on the latest financial reports, Russel Metals Inc (RUSMF) has net assets worth $1.59 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.68 Billion) and total liabilities ($1.10 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.59 Billion |
| % of Total Assets | 59.19% |
| Annual Growth Rate | 5.37% |
| 5-Year Change | 27.29% |
| 10-Year Change | 92.52% |
| Growth Volatility | 20.59 |
Russel Metals Inc - Net Assets Trend (1993–2025)
This chart illustrates how Russel Metals Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Russel Metals Inc (1993–2025)
The table below shows the annual net assets of Russel Metals Inc from 1993 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.59 Billion | -4.19% |
| 2024-12-31 | $1.66 Billion | +1.13% |
| 2023-12-31 | $1.64 Billion | +5.17% |
| 2022-12-31 | $1.56 Billion | +24.91% |
| 2021-12-31 | $1.25 Billion | +44.36% |
| 2020-12-31 | $864.70 Million | -8.46% |
| 2019-12-31 | $944.60 Million | -6.00% |
| 2018-12-31 | $1.00 Billion | +21.54% |
| 2017-12-31 | $826.80 Million | +0.18% |
| 2016-12-31 | $825.30 Million | -5.02% |
| 2015-12-31 | $868.90 Million | -9.96% |
| 2014-12-31 | $965.00 Million | +9.36% |
| 2013-12-31 | $882.40 Million | +6.39% |
| 2012-12-31 | $829.40 Million | +1.22% |
| 2011-12-31 | $819.40 Million | +2.67% |
| 2010-12-31 | $798.10 Million | +0.62% |
| 2009-12-31 | $793.20 Million | -19.07% |
| 2008-12-31 | $980.10 Million | +10.90% |
| 2007-12-31 | $883.80 Million | -1.21% |
| 2006-12-31 | $894.60 Million | +66.07% |
| 2005-12-31 | $538.70 Million | +17.99% |
| 2004-12-31 | $456.57 Million | +60.86% |
| 2003-12-31 | $283.84 Million | +12.44% |
| 2002-12-31 | $252.44 Million | +2.32% |
| 2001-12-31 | $246.72 Million | -0.54% |
| 2000-12-31 | $248.06 Million | -2.46% |
| 1999-12-31 | $254.30 Million | -17.86% |
| 1998-12-31 | $309.60 Million | +12.38% |
| 1997-12-31 | $275.50 Million | +11.54% |
| 1996-12-31 | $247.00 Million | -36.19% |
| 1995-12-31 | $387.10 Million | +1.28% |
| 1994-12-31 | $382.20 Million | +28.38% |
| 1993-12-31 | $297.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Russel Metals Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 92690000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $919.70 Million | 57.88% |
| Other Components | $669.20 Million | 42.12% |
| Total Equity | $1.59 Billion | 100.00% |
Russel Metals Inc Competitors by Market Cap
The table below lists competitors of Russel Metals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TriCo Bancshares
NASDAQ:TCBK
|
$1.44 Billion |
|
Montea Comm. VA
OTCGREY:MONSF
|
$1.44 Billion |
|
Select Energy Services Inc
NYSE:WTTR
|
$1.44 Billion |
|
Hengyi Petrochemical Co Ltd
SHE:000703
|
$1.44 Billion |
|
Fujian Cosunter Pharmaceutical Co Ltd
SHE:300436
|
$1.43 Billion |
|
Central Retail Corporation Public Company Limited
BK:CRC
|
$1.43 Billion |
|
Mineralys Therapeutics, Inc. Common Stock
NASDAQ:MLYS
|
$1.43 Billion |
|
Deliveroo Holdings PLC
PINK:DROOF
|
$1.43 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Russel Metals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,658,400,000 to 1,588,900,000, a change of -69,500,000 (-4.2%).
- Net income of 168,800,000 contributed positively to equity growth.
- Dividend payments of 95,900,000 reduced retained earnings.
- Share repurchases of 87,300,000 reduced equity.
- New share issuances of 300,000 increased equity.
- Other comprehensive income decreased equity by 201,600,000.
- Other factors increased equity by 146,200,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $168.80 Million | +10.62% |
| Dividends Paid | $95.90 Million | -6.04% |
| Share Repurchases | $87.30 Million | -5.49% |
| Share Issuances | $300.00K | +0.02% |
| Other Comprehensive Income | $-201.60 Million | -12.69% |
| Other Changes | $146.20 Million | +9.2% |
| Total Change | $- | -4.19% |
Book Value vs Market Value Analysis
This analysis compares Russel Metals Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.91x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 3.67x to 0.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | $7.17 | $26.33 | x |
| 1994-12-31 | $12.74 | $26.33 | x |
| 1995-12-31 | $6.67 | $26.33 | x |
| 1996-12-31 | $4.95 | $26.33 | x |
| 1997-12-31 | $4.40 | $26.33 | x |
| 1998-12-31 | $5.16 | $26.33 | x |
| 1999-12-31 | $4.75 | $26.33 | x |
| 2000-12-31 | $6.04 | $26.33 | x |
| 2001-12-31 | $6.50 | $26.33 | x |
| 2002-12-31 | $6.36 | $26.33 | x |
| 2003-12-31 | $6.81 | $26.33 | x |
| 2004-12-31 | $9.17 | $26.33 | x |
| 2005-12-31 | $10.56 | $26.33 | x |
| 2006-12-31 | $14.83 | $26.33 | x |
| 2007-12-31 | $13.97 | $26.33 | x |
| 2008-12-31 | $15.67 | $26.33 | x |
| 2009-12-31 | $13.28 | $26.33 | x |
| 2010-12-31 | $13.34 | $26.33 | x |
| 2011-12-31 | $12.24 | $26.33 | x |
| 2012-12-31 | $12.35 | $26.33 | x |
| 2013-12-31 | $14.47 | $26.33 | x |
| 2014-12-31 | $14.14 | $26.33 | x |
| 2015-12-31 | $14.08 | $26.33 | x |
| 2016-12-31 | $13.30 | $26.33 | x |
| 2017-12-31 | $13.35 | $26.33 | x |
| 2018-12-31 | $16.17 | $26.33 | x |
| 2019-12-31 | $15.19 | $26.33 | x |
| 2020-12-31 | $13.90 | $26.33 | x |
| 2021-12-31 | $19.89 | $26.33 | x |
| 2022-12-31 | $24.77 | $26.33 | x |
| 2023-12-31 | $26.64 | $26.33 | x |
| 2024-12-31 | $27.79 | $26.33 | x |
| 2025-12-31 | $28.86 | $26.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Russel Metals Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.62%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.64%
- • Asset Turnover: 1.73x
- • Equity Multiplier: 1.69x
- Recent ROE (10.62%) is above the historical average (9.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | -0.27% | -0.06% | 1.68x | 2.83x | $-30.57 Million |
| 1994 | -2.30% | -0.66% | 1.45x | 2.41x | $-47.02 Million |
| 1995 | 1.89% | 0.49% | 1.85x | 2.08x | $-31.41 Million |
| 1996 | -47.98% | -8.19% | 2.04x | 2.87x | $-143.20 Million |
| 1997 | 11.07% | 1.83% | 2.19x | 2.77x | $2.95 Million |
| 1998 | 12.95% | 2.25% | 2.43x | 2.37x | $9.14 Million |
| 1999 | 16.48% | 2.96% | 2.16x | 2.58x | $16.47 Million |
| 2000 | 9.63% | 1.56% | 2.20x | 2.80x | $-905.50K |
| 2001 | 3.49% | 0.61% | 2.20x | 2.58x | $-16.06 Million |
| 2002 | 11.58% | 2.08% | 2.02x | 2.76x | $3.99 Million |
| 2003 | 6.52% | 1.22% | 1.92x | 2.79x | $-9.89 Million |
| 2004 | 38.94% | 7.35% | 2.11x | 2.51x | $132.14 Million |
| 2005 | 23.11% | 4.76% | 2.39x | 2.03x | $70.63 Million |
| 2006 | 17.74% | 5.90% | 1.89x | 1.59x | $69.24 Million |
| 2007 | 12.58% | 4.35% | 1.82x | 1.59x | $22.82 Million |
| 2008 | 23.31% | 6.79% | 1.92x | 1.79x | $130.49 Million |
| 2009 | -11.60% | -4.67% | 1.37x | 1.81x | $-171.32 Million |
| 2010 | 7.18% | 2.63% | 1.51x | 1.80x | $-22.51 Million |
| 2011 | 14.44% | 4.39% | 1.75x | 1.88x | $36.36 Million |
| 2012 | 11.82% | 3.26% | 1.67x | 2.17x | $15.10 Million |
| 2013 | 9.44% | 2.61% | 1.75x | 2.06x | $-4.90 Million |
| 2014 | 12.80% | 3.19% | 1.89x | 2.12x | $27.00 Million |
| 2015 | -10.08% | -2.82% | 1.94x | 1.85x | $-174.49 Million |
| 2016 | 7.61% | 2.44% | 1.71x | 1.83x | $-19.73 Million |
| 2017 | 14.97% | 3.76% | 1.87x | 2.13x | $41.12 Million |
| 2018 | 21.79% | 5.26% | 1.96x | 2.12x | $118.51 Million |
| 2019 | 8.11% | 2.08% | 1.91x | 2.04x | $-17.86 Million |
| 2020 | 2.83% | 0.91% | 1.68x | 1.85x | $-61.97 Million |
| 2021 | 34.62% | 10.27% | 1.82x | 1.85x | $307.37 Million |
| 2022 | 23.85% | 7.33% | 2.02x | 1.61x | $215.97 Million |
| 2023 | 16.26% | 5.92% | 1.75x | 1.57x | $102.71 Million |
| 2024 | 9.71% | 3.78% | 1.82x | 1.42x | $-4.84 Million |
| 2025 | 10.62% | 3.64% | 1.73x | 1.69x | $9.91 Million |
Industry Comparison
This section compares Russel Metals Inc's net assets metrics with peer companies in the Industrial Distribution industry.
Industry Context
- Industry: Industrial Distribution
- Average net assets among peers: $916,275,000
- Average return on equity (ROE) among peers: 8.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Russel Metals Inc (RUSMF) | $1.59 Billion | -0.27% | 0.69x | $1.43 Billion |
| Addtech AB (publ.) (ADDHY) | $3.08 Billion | 28.02% | 1.77x | $4.34 Billion |
| Andritz AG (ADRZF) | $1.33 Billion | 19.84% | 3.73x | $4.12 Billion |
| Applied Industrial Technologies (AIT) | $932.55 Million | 15.52% | 1.44x | $9.65 Billion |
| Beacon Roofing Supply Inc (BECN) | $26.57 Million | -1.42% | 8.92x | $7.71 Billion |
| BlueLinx Holdings Inc (BXC) | $141.49 Million | 18.31% | 7.04x | $335.15 Million |
| CD International Enterprises Inc (CDIIQ) | $64.33 Million | 0.00% | 0.25x | $7.73K |
| Core & Main Inc (CNM) | $801.00 Million | 4.62% | 3.90x | $9.10 Billion |
| Doman Building Materials Group Ltd (CWXZF) | $497.71 Million | 21.40% | 2.09x | $403.14 Million |
| Now Inc (DNOW) | $1.40 Billion | -35.78% | 0.31x | $1.15 Billion |
| Diploma PLC (DPMAY) | $894.70 Million | 14.45% | 0.98x | $10.23 Billion |