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1 page/≈275 words
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APA
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Accounting, Finance, SPSS
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English (U.S.)
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Financial Statements of Reliance Steel & Aluminum Co. (RS)

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In preparation for Mr. Mark Anfang's guest lecture in class on March 23, we are asking you to look at Reliance Steel & Aluminum Co (RS). Please review the recent financial statements and note anything that is interesting or of concern. Please submit a few paragraphs of your analysis and 3 questions for our guest.
Company's 10-K: https://sec(dot)report/Document/0001558370-22-001918/

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Reliance Steel & Aluminium Co (RS)
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Financial Analysis
Reliance Steel and Aluminium Co, which uses the trading symbol Rs at the New York Stock exchange Market, is an American company in Los Angeles, California. The company produces and distributes metal close to 100,000 metal products, including aluminum, titanium, copper brass, carbon steel, alloy, and stainless steel. Thomas J Neilan founded the company in 1939; Jim Hoffman is the current Chief Executive Officer (CEO).
According to Reliance steel and Aluminium Co financial statements for 2021, the income statement reveals a strong revenue growth from $8,811.9 million in 2020 to $14,093.3 million in 2021. 2020 performance was the poorest in the past three financial periods. Considering this was the period when the coronavirus pandemic plagued the world, my biggest question to our guest would be how significant the pandemic impacted the company's revenue.
The operating income grew from $ 565.8 mill...
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