Russel Metals Inc. (RUS) - Net Assets

Latest as of December 2025: CA$1.59 Billion CAD ≈ $1.15 Billion USD

Based on the latest financial reports, Russel Metals Inc. (RUS) has net assets worth CA$1.59 Billion CAD (≈ $1.15 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 (CA$2.68 Billion ≈ $1.94 Billion USD) and total liabilities (CA$1.10 Billion ≈ $792.61 Million USD). 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. Check RUS asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$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. Also explore RUS total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market value of Russel Metals Inc..

Year	Net Assets	Change
2025-12-31	CA$1.59 Billion ≈ $1.15 Billion	-4.19%
2024-12-31	CA$1.66 Billion ≈ $1.20 Billion	+1.13%
2023-12-31	CA$1.64 Billion ≈ $1.19 Billion	+5.17%
2022-12-31	CA$1.56 Billion ≈ $1.13 Billion	+24.91%
2021-12-31	CA$1.25 Billion ≈ $903.00 Million	+44.36%
2020-12-31	CA$864.70 Million ≈ $625.51 Million	-8.46%
2019-12-31	CA$944.60 Million ≈ $683.31 Million	-6.00%
2018-12-31	CA$1.00 Billion ≈ $726.93 Million	+21.54%
2017-12-31	CA$826.80 Million ≈ $598.09 Million	+0.18%
2016-12-31	CA$825.30 Million ≈ $597.01 Million	-5.02%
2015-12-31	CA$868.90 Million ≈ $628.55 Million	-9.96%
2014-12-31	CA$965.00 Million ≈ $698.07 Million	+9.36%
2013-12-31	CA$882.40 Million ≈ $638.31 Million	+6.39%
2012-12-31	CA$829.40 Million ≈ $599.98 Million	+1.22%
2011-12-31	CA$819.40 Million ≈ $592.74 Million	+2.67%
2010-12-31	CA$798.10 Million ≈ $577.33 Million	+0.62%
2009-12-31	CA$793.20 Million ≈ $573.79 Million	-19.07%
2008-12-31	CA$980.10 Million ≈ $708.99 Million	+10.90%
2007-12-31	CA$883.80 Million ≈ $639.33 Million	-1.21%
2006-12-31	CA$894.60 Million ≈ $647.14 Million	+66.07%
2005-12-31	CA$538.70 Million ≈ $389.69 Million	+17.99%
2004-12-31	CA$456.57 Million ≈ $330.28 Million	+60.86%
2003-12-31	CA$283.84 Million ≈ $205.33 Million	+12.44%
2002-12-31	CA$252.44 Million ≈ $182.61 Million	+2.32%
2001-12-31	CA$246.72 Million ≈ $178.47 Million	-0.54%
2000-12-31	CA$248.06 Million ≈ $179.44 Million	-2.46%
1999-12-31	CA$254.30 Million ≈ $183.96 Million	-17.86%
1998-12-31	CA$309.60 Million ≈ $223.96 Million	+12.38%
1997-12-31	CA$275.50 Million ≈ $199.29 Million	+11.54%
1996-12-31	CA$247.00 Million ≈ $178.68 Million	-36.19%
1995-12-31	CA$387.10 Million ≈ $280.02 Million	+1.28%
1994-12-31	CA$382.20 Million ≈ $276.48 Million	+28.38%
1993-12-31	CA$297.70 Million ≈ $215.35 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	CA$919.70 Million	57.88%
Common Stock	CA$509.40 Million	32.06%
Other Comprehensive Income	CA$149.90 Million	9.43%
Other Components	CA$9.90 Million	0.62%
Total Equity	CA$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
Organon & Co NYSE:OGN	$2.11 Billion
Chow Tai Seng Jewellery Co Ltd SHE:002867	$2.11 Billion
Hunan Zhongke Electric SHE:300035	$2.11 Billion
Compania Cervecerias Unidas SA SN:CCU	$2.11 Billion
Elekta AB (publ) ST:EKTA-B	$2.10 Billion
AUB Group Ltd AU:AUB	$2.10 Billion
Shandong Dawn Polymer Co Ltd SHE:002838	$2.10 Billion
Societatea Energetica Electrica SA RO:EL	$2.10 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 51,700,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CA$168.80 Million	+10.62%
Dividends Paid	CA$95.90 Million	-6.04%
Share Repurchases	CA$87.30 Million	-5.49%
Share Issuances	CA$300.00K	+0.02%
Other Comprehensive Income	CA$-51.70 Million	-3.25%
Other Changes	CA$-3.70 Million	-0.23%
Total Change	CA$-	-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: 1.87x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 4.99x to 1.87x 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	CA$10.58	CA$52.83	x
1994-12-31	CA$6.97	CA$52.83	x
1995-12-31	CA$6.67	CA$52.83	x
1996-12-31	CA$4.95	CA$52.83	x
1997-12-31	CA$4.40	CA$52.83	x
1998-12-31	CA$5.16	CA$52.83	x
1999-12-31	CA$4.75	CA$52.83	x
2000-12-31	CA$6.04	CA$52.83	x
2001-12-31	CA$6.50	CA$52.83	x
2002-12-31	CA$6.36	CA$52.83	x
2003-12-31	CA$6.81	CA$52.83	x
2004-12-31	CA$9.17	CA$52.83	x
2005-12-31	CA$10.56	CA$52.83	x
2006-12-31	CA$14.83	CA$52.83	x
2007-12-31	CA$13.97	CA$52.83	x
2008-12-31	CA$15.67	CA$52.83	x
2009-12-31	CA$13.28	CA$52.83	x
2010-12-31	CA$13.34	CA$52.83	x
2011-12-31	CA$12.24	CA$52.83	x
2012-12-31	CA$12.35	CA$52.83	x
2013-12-31	CA$14.47	CA$52.83	x
2014-12-31	CA$14.14	CA$52.83	x
2015-12-31	CA$14.08	CA$52.83	x
2016-12-31	CA$13.30	CA$52.83	x
2017-12-31	CA$13.35	CA$52.83	x
2018-12-31	CA$16.17	CA$52.83	x
2019-12-31	CA$15.19	CA$52.83	x
2020-12-31	CA$13.90	CA$52.83	x
2021-12-31	CA$19.89	CA$52.83	x
2022-12-31	CA$24.77	CA$52.83	x
2023-12-31	CA$26.64	CA$52.83	x
2024-12-31	CA$28.16	CA$52.83	x
2025-12-31	CA$28.30	CA$52.83	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 (9.84%), 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	CA$-30.57 Million
1994	-2.30%	-0.66%	1.45x	2.41x	CA$-47.02 Million
1995	1.89%	0.49%	1.85x	2.08x	CA$-31.41 Million
1996	-47.98%	-8.19%	2.04x	2.87x	CA$-143.20 Million
1997	11.07%	1.83%	2.19x	2.77x	CA$2.95 Million
1998	12.95%	2.25%	2.43x	2.37x	CA$9.14 Million
1999	16.48%	2.96%	2.16x	2.58x	CA$16.47 Million
2000	9.63%	1.56%	2.20x	2.80x	CA$-905.50K
2001	3.49%	0.61%	2.20x	2.58x	CA$-16.06 Million
2002	11.58%	2.08%	2.02x	2.76x	CA$3.99 Million
2003	6.52%	1.22%	1.92x	2.79x	CA$-9.89 Million
2004	38.95%	7.35%	2.11x	2.51x	CA$132.19 Million
2005	23.15%	4.77%	2.39x	2.03x	CA$70.85 Million
2006	17.74%	5.90%	1.89x	1.59x	CA$69.24 Million
2007	12.58%	4.35%	1.82x	1.59x	CA$22.82 Million
2008	23.31%	6.79%	1.92x	1.79x	CA$130.49 Million
2009	-11.60%	-4.67%	1.37x	1.81x	CA$-171.32 Million
2010	8.73%	3.20%	1.51x	1.80x	CA$-10.11 Million
2011	14.44%	4.39%	1.75x	1.88x	CA$36.36 Million
2012	11.93%	3.29%	1.67x	2.17x	CA$16.00 Million
2013	9.44%	2.61%	1.75x	2.06x	CA$-4.90 Million
2014	12.80%	3.19%	1.89x	2.12x	CA$27.00 Million
2015	-10.08%	-2.82%	1.94x	1.85x	CA$-174.49 Million
2016	7.61%	2.44%	1.71x	1.83x	CA$-19.73 Million
2017	14.97%	3.76%	1.87x	2.13x	CA$41.12 Million
2018	21.79%	5.26%	1.96x	2.12x	CA$118.51 Million
2019	8.11%	2.08%	1.91x	2.04x	CA$-17.86 Million
2020	2.83%	0.91%	1.68x	1.85x	CA$-61.97 Million
2021	34.62%	10.27%	1.82x	1.85x	CA$307.37 Million
2022	23.85%	7.33%	2.02x	1.61x	CA$215.97 Million
2023	16.26%	5.92%	1.75x	1.57x	CA$102.71 Million
2024	9.71%	3.78%	1.82x	1.42x	CA$-4.84 Million
2025	10.62%	3.64%	1.73x	1.69x	CA$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: $407,507,400
Average return on equity (ROE) among peers: 14.81%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Russel Metals Inc. (RUS)	CA$1.59 Billion	-0.27%	0.69x	$2.10 Billion
Doman Building Materials Group Ltd (DBM)	$123.52 Million	-0.55%	0.92x	$650.38 Million
Finning International Inc. (FTT)	$1.34 Billion	19.28%	2.04x	$9.41 Billion
Taiga Building Products Ltd. (TBL)	$-82.97 Million	0.00%	0.00x	$288.92 Million
Toromont Industries Ltd. (TIH)	$155.80 Million	39.02%	1.79x	$12.80 Billion
Wajax Corporation (WJX)	$496.24 Million	16.32%	1.97x	$539.71 Million

About Russel Metals Inc.

TO:RUS Canada Industrial Distribution

Market Cap

$2.10 Billion

CA$2.91 Billion CAD

Market Cap Rank

#6071 Global

#193 in Canada

Share Price

CA$52.83

Change (1 day)

-0.08%

52-Week Range

CA$39.27 - CA$52.87

All Time High

CA$52.87