Russel Metals Income Statement

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,642	4,261	4,505	5,071	4,209
Revenue Growth (YoY)	8.92%	-5.41%	-11.15%	20.48%	56.55%
Cost of Revenue	3,658	3,395	3,549	3,963	3,011
Gross Profit	983.5	866.5	956.5	1,108	1,198
Selling, General & Admin	455.9	392.8	396.9	402.5	397.4
Other Operating Expenses	287.2	248.4	231.7	224.2	198.1
Operating Expenses	743.1	641.2	628.6	626.7	595.5
Operating Income	240.4	225.3	327.9	480.9	602.3
Interest Expense	-25.1	-24.7	-28.8	-27.5	-26
Interest & Investment Income	4	17	19.9	2.2	-
Earnings From Equity Investments	-	-	17.3	31	6.1
Currency Exchange Gain (Loss)	3.3	-1.1	1.8	-1.9	0.8
EBT Excluding Unusual Items	222.6	216.5	338.1	484.7	583.2
Merger & Restructuring Charges	-1.2	-2.3	-	-	-
Gain (Loss) on Sale of Investments	-	-	9.8	-	-
Gain (Loss) on Sale of Assets	1.1	0.7	0.8	2.8	-0.5
Asset Writedown	-	-0.8	-	-	-2.6
Pretax Income	222.5	214.1	348.7	487.5	580.1
Income Tax Expense	53.7	53.1	82	115.6	147.9
Net Income	168.8	161	266.7	371.9	432.2
Net Income to Common	168.8	161	266.7	371.9	432.2
Net Income Growth	4.84%	-39.63%	-28.29%	-13.95%	1664.08%
Shares Outstanding (Basic)	56	59	62	63	63
Shares Outstanding (Diluted)	56	59	62	63	63
Shares Change (YoY)	-4.65%	-4.36%	-2.21%	0.32%	0.91%
EPS (Basic)	3.01	2.73	4.33	5.91	6.90
EPS (Diluted)	3.01	2.73	4.33	5.91	6.89
EPS Growth	10.12%	-36.95%	-26.73%	-14.22%	1666.67%
Free Cash Flow	125.1	253.7	389	318.4	275.7
Free Cash Flow Per Share	2.23	4.31	6.32	5.06	4.39
Dividend Per Share	1.710	1.660	1.580	1.520	1.520
Dividend Growth	3.01%	5.06%	3.95%	-	-
Gross Margin	21.19%	20.34%	21.23%	21.84%	28.46%
Operating Margin	5.18%	5.29%	7.28%	9.48%	14.31%
Profit Margin	3.64%	3.78%	5.92%	7.33%	10.27%
Free Cash Flow Margin	2.70%	5.95%	8.63%	6.28%	6.55%
EBITDA	305.8	279	376	529.6	643.7
EBITDA Margin	6.59%	6.55%	8.35%	10.45%	15.29%
D&A For EBITDA	65.4	53.7	48.1	48.7	41.4
EBIT	240.4	225.3	327.9	480.9	602.3
EBIT Margin	5.18%	5.29%	7.28%	9.48%	14.31%
Effective Tax Rate	24.14%	24.80%	23.52%	23.71%	25.50%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.