Reliance Steel & Aluminum Co (RS) — Working Capital to Net Assets Ratio
Reliance Steel & Aluminum Co (RS) has a Working Capital to Net Assets ratio of 49.5% as of March 2026. Working capital of $3.53 Billion (current assets of $4.57 Billion minus current liabilities of $1.04 Billion) is measured against net assets of $7.13 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See RS equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Reliance Steel & Aluminum Co Working Capital to Net Assets (1993–2025)
This chart shows how Reliance Steel & Aluminum Co's Working Capital to Net Assets ratio has evolved across 33 annual periods from 1993 to 2025. As of March 2026, the ratio stands at 49.5%, reflecting working capital of $3.53 Billion against net assets of $7.13 Billion USD. Check Reliance Steel & Aluminum Co tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Reliance Steel & Aluminum Co (1993–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Reliance Steel & Aluminum Co from 1993 to 2025, covering 33 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Reliance Steel & Aluminum Co (RS) market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 45.9% | $3.29 Billion | $7.18 Billion | $4.14 Billion | $848.10 Million | ▲ +8.8 pp |
| 2024 | 37.1% | $2.68 Billion | $7.23 Billion | $3.90 Billion | $1.21 Billion | ▼ -13.7 pp |
| 2023 | 50.8% | $3.93 Billion | $7.73 Billion | $4.77 Billion | $843.60 Million | ▲ +1.3 pp |
| 2022 | 49.5% | $3.51 Billion | $7.10 Billion | $4.89 Billion | $1.38 Billion | ▼ -1.3 pp |
| 2021 | 50.8% | $3.10 Billion | $6.09 Billion | $4.16 Billion | $1.06 Billion | ▲ +2.0 pp |
| 2020 | 48.8% | $2.50 Billion | $5.12 Billion | $3.11 Billion | $613.00 Million | ▲ +4.0 pp |
| 2019 | 44.8% | $2.33 Billion | $5.21 Billion | $3.01 Billion | $675.30 Million | ▼ -10.5 pp |
| 2018 | 55.3% | $2.59 Billion | $4.68 Billion | $3.29 Billion | $699.10 Million | ▲ +5.3 pp |
| 2017 | 49.9% | $2.35 Billion | $4.70 Billion | $3.05 Billion | $703.70 Million | ▲ +1.3 pp |
| 2016 | 48.6% | $2.03 Billion | $4.18 Billion | $2.69 Billion | $656.00 Million | ▲ +9.0 pp |
| 2015 | 39.7% | $1.56 Billion | $3.94 Billion | $2.55 Billion | $989.70 Million | ▼ -19.9 pp |
| 2014 | 59.6% | $2.46 Billion | $4.13 Billion | $3.12 Billion | $662.80 Million | ▲ +3.8 pp |
| 2013 | 55.7% | $2.17 Billion | $3.88 Billion | $2.74 Billion | $573.40 Million | ▲ +8.1 pp |
| 2012 | 47.6% | $1.70 Billion | $3.57 Billion | $2.28 Billion | $578.20 Million | ▼ -6.2 pp |
| 2011 | 53.9% | $1.70 Billion | $3.15 Billion | $2.27 Billion | $576.40 Million | ▲ +11.8 pp |
| 2010 | 42.1% | $1.19 Billion | $2.83 Billion | $1.70 Billion | $508.60 Million | ▲ +4.8 pp |
| 2009 | 37.3% | $973.34 Million | $2.61 Billion | $1.39 Billion | $417.57 Million | ▼ -30.5 pp |
| 2008 | 67.9% | $1.65 Billion | $2.44 Billion | $2.30 Billion | $650.16 Million | ▲ +14.6 pp |
| 2007 | 53.2% | $1.12 Billion | $2.11 Billion | $1.72 Billion | $599.86 Million | ▼ -11.1 pp |
| 2006 | 64.4% | $1.12 Billion | $1.75 Billion | $1.68 Billion | $550.74 Million | ▲ +15.3 pp |
| 2005 | 49.0% | $513.53 Million | $1.05 Billion | $847.35 Million | $333.82 Million | ▼ -4.0 pp |
| 2004 | 53.0% | $444.45 Million | $838.09 Million | $733.23 Million | $288.78 Million | ▲ +1.0 pp |
| 2003 | 52.0% | $341.76 Million | $657.00 Million | $544.59 Million | $202.82 Million | ▼ -10.8 pp |
| 2002 | 62.8% | $389.62 Million | $620.57 Million | $532.54 Million | $142.92 Million | ▼ -2.3 pp |
| 2001 | 65.1% | $379.99 Million | $583.88 Million | $517.99 Million | $138.00 Million | ▼ -21.2 pp |
| 2000 | 86.3% | $347.66 Million | $403.04 Million | $491.40 Million | $143.74 Million | ▲ +18.1 pp |
| 1999 | 68.2% | $273.00 Million | $400.30 Million | $428.90 Million | $155.90 Million | ▼ -16.0 pp |
| 1998 | 84.2% | $291.20 Million | $345.80 Million | $420.30 Million | $129.10 Million | ▲ +16.1 pp |
| 1997 | 68.1% | $213.30 Million | $313.20 Million | $322.10 Million | $108.80 Million | ▼ -2.9 pp |
| 1996 | 71.0% | $136.80 Million | $192.60 Million | $210.90 Million | $74.10 Million | ▲ +9.6 pp |
| 1995 | 61.4% | $100.70 Million | $163.90 Million | $166.90 Million | $66.20 Million | ▲ +5.1 pp |
| 1994 | 56.3% | $84.50 Million | $150.00 Million | $125.40 Million | $40.90 Million | ▼ -11.3 pp |
| 1993 | 67.6% | $60.90 Million | $90.10 Million | $96.10 Million | $35.20 Million | — |