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Russel Metals Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2025Dec 31, 2025 FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Total Revenue 4.6B 4.3B 4.5B 5.1B --
Operating Revenue 4.6B 4.3B 4.5B 5.1B --
Cost Of Revenue 3.6B 3.4B 3.5B 3.9B --
Gross Profit 1.0B 889.9M 977.0M 1.1B --
Selling General And Administration 484.6M 419.4M 419.3M 418.0M --
General And Administrative Expense 466.3M 405.4M 405.2M 407.3M --
Other Operating Expenses 288.4M 247.5M 229.8M 227.7M --
Operating Expense 773.0M 666.9M 649.1M 645.7M --
Operating Income 239.2M 223.0M 327.9M 480.9M --
EBIT 247.6M 238.8M 377.5M 515.0M --
Interest Expense 25.1M 24.7M 28.8M 27.5M --
Interest Expense Non Operating 25.1M 24.7M 28.8M 27.5M --
Interest Income 4.0M 17.0M 19.9M 2.2M --
Interest Income Non Operating 4.0M 17.0M 19.9M 2.2M --
Net Interest Income -21.1M -7.7M -8.9M -25.3M --
Other Income Expense 4.4M -1.2M 29.7M 31.9M --
Special Income Charges 1.1M -100,000 10.6M 2.8M --
Gain On Sale Of Security 3.3M -1.1M 1.8M -1.9M --
Earnings From Equity Interest -- 0.00 17.3M 31.0M 6.1M
Pretax Income 222.5M 214.1M 348.7M 487.5M --
Tax Provision 53.7M 53.1M 82.0M 115.6M --
Tax Effect Of Unusual Items 1.1M -297,600 2.9M 213,300 --
Net Income From Continuing And Discontinued Operation 168.8M 161.0M 266.7M 371.9M --
Net Income From Continuing Operation Net Minority Interest 168.8M 161.0M 266.7M 371.9M --
Net Income Including Noncontrolling Interests 168.8M 161.0M 266.7M 371.9M --
Net Income Common Stockholders 168.8M 161.0M 266.7M 371.9M --
Net Income 168.8M 161.0M 266.7M 371.9M --
EBITDA 340.6M 314.8M 444.9M 580.4M --
Normalized EBITDA 336.2M 316.0M 432.5M 579.5M --
Reconciled Depreciation 93.0M 76.0M 67.4M 65.4M --
Basic EPS 3.01 2.73 4.33 5.91 --
Diluted EPS 3.01 2.73 4.33 5.91 --
Basic Average Shares 56.1M 59.0M 61.5M 62.9M --
Diluted Average Shares 56.1M 59.0M 61.6M 63.0M --
Total Unusual Items 4.4M -1.2M 12.4M 900,000 --
Total Unusual Items Excluding Goodwill 4.4M -1.2M 12.4M 900,000 --
Tax Rate For Calcs 0.24 0.25 0.23 0.24 --
Normalized Income 165.5M 161.9M 257.2M 371.2M --
Diluted NI Availto Com Stockholders 168.8M 161.0M 266.7M 371.9M --
Gain On Sale Of Business -- 0.00 9.8M 0.00 --
Gain On Sale Of Ppe 1.1M 700,000 800,000 2.8M --
Impairment Of Capital Assets 0.00 800,000 0.00 0.00 --
Net Income Continuous Operations 168.8M 161.0M 266.7M 371.9M --
Net Non Operating Interest Income Expense -21.1M -7.7M -8.9M -25.3M --
Other Gand A 11.4M 13.2M 8.9M 4.8M --
Reconciled Cost Of Revenue 3.6B 3.4B 3.5B 3.9B --
Salaries And Wages 454.9M 392.2M 396.3M 402.5M --
Selling And Marketing Expense 18.3M 14.0M 14.1M 10.7M --
Total Expenses 4.4B 4.0B 4.2B 4.6B --
Line Item FY 2025Dec 31, 2025 FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 114.6M 45.6M 629.2M 363.0M --
Cash Cash Equivalents And Short Term Investments 114.6M 45.6M 629.2M 363.0M --
Cash Equivalents 69.3M 5.9M 437.6M 275.1M --
Cash Financial 45.3M 39.7M 191.6M 87.9M --
Accounts Receivable 530.8M 463.7M 444.2M 484.7M --
Receivables 560.4M 504.9M 465.6M 514.2M --
Inventory 1.1B 919.8M 840.3M 956.5M --
Prepaid Assets -- -- -- 35.8M 30.3M
Other Current Assets 33.1M 29.0M 26.2M 35.8M --
Current Assets 1.8B 1.5B 2.0B 1.9B --
Gross PPE 1.3B 1.2B 946.4M 898.9M --
Accumulated Depreciation -563.0M -548.3M -506.5M -482.4M --
Net PPE 713.8M 649.4M 439.9M 416.5M --
Goodwill 64.7M 66.6M 51.3M 50.8M --
Goodwill And Other Intangible Assets 131.1M 145.8M 120.2M 126.5M --
Other Intangible Assets 66.4M 79.2M 68.9M 75.7M --
Investments And Advances -- 0.00 0.00 46.6M 37.6M
Long Term Equity Investment -- -- 0.00 46.6M 37.6M
Other Non Current Assets 3.8M 4.1M 3.4M 3.5M --
Total Non Current Assets 887.4M 847.4M 608.8M 637.4M --
Total Assets 2.7B 2.3B 2.6B 2.5B --
Current Debt -- 13.4M -- -- --
Current Debt And Capital Lease Obligation 28.5M 35.8M 15.7M 14.7M --
Accounts Payable 548.7M 442.1M 450.0M 477.8M --
Payables 555.0M 442.8M 453.6M 482.6M --
Payables And Accrued Expenses 558.5M 442.8M 457.8M 486.8M --
Current Accrued Expenses 3.5M 0.00 4.2M 4.2M --
Current Liabilities 587.0M 478.6M 473.5M 501.5M --
Long Term Debt 298.3M -- 297.2M 296.0M 294.8M
Long Term Debt And Capital Lease Obligation 455.2M 161.0M 406.8M 408.2M --
Long Term Capital Lease Obligation 156.9M 161.0M 109.6M 112.2M --
Other Non Current Liabilities 26.2M 21.4M 30.4M 18.0M --
Total Non Current Liabilities Net Minority Interest 508.7M 209.7M 456.7M 446.1M --
Total Liabilities Net Minority Interest 1.1B 688.3M 930.2M 947.6M --
Common Stock 509.4M 528.1M 556.3M 562.4M --
Capital Stock 509.4M 528.1M 556.3M 562.4M --
Additional Paid In Capital 9.9M 10.0M 10.3M 12.2M --
Retained Earnings 919.7M 918.7M 954.6M 844.6M --
Gains Losses Not Affecting Retained Earnings 149.9M 201.6M 118.7M 140.1M --
Other Equity Adjustments 149.9M 201.6M 118.7M 140.1M --
Common Stock Equity 1.6B 1.7B 1.6B 1.6B --
Stockholders Equity 1.6B 1.7B 1.6B 1.6B --
Total Equity Gross Minority Interest 1.6B 1.7B 1.6B 1.6B --
Total Capitalization 1.9B 1.7B 1.9B 1.9B --
Net Tangible Assets 1.5B 1.5B 1.5B 1.4B --
Tangible Book Value 1.5B 1.5B 1.5B 1.4B --
Working Capital 1.2B 1.0B 1.5B 1.4B --
Invested Capital 1.9B 1.7B 1.9B 1.9B --
Total Debt 483.7M 196.8M 422.5M 422.9M --
Net Debt 183.7M -- -- -- 161.7M
Share Issued 55.1M 57.1M 60.4M 62.1M --
Ordinary Shares Number 55.1M 57.1M 60.4M 62.1M --
Allowance For Doubtful Accounts Receivable -6.1M -5.1M -5.2M -4.4M --
Assets Held For Sale Current 4.9M 0.00 -- -- --
Capital Lease Obligations 185.4M 183.4M 125.3M 126.9M --
Current Capital Lease Obligation 28.5M 22.4M 15.7M 14.7M --
Defined Pension Benefit 37.0M 45.5M 43.6M 42.0M --
Employee Benefits 1.5M 1.5M 2.0M 1.5M --
Finished Goods 1.1B 919.8M 840.3M 956.5M --
Gross Accounts Receivable 536.9M 468.8M 449.4M 489.1M --
Income Tax Payable 6.3M 700,000 3.6M 4.8M --
Interest Payable 3.5M 0.00 4.2M 4.2M --
Investmentin Financial Assets -- 0.00 0.00 -- --
Investmentsin Joint Venturesat Cost -- -- 0.00 46.6M 37.6M
Land And Improvements 454.5M 401.1M 320.9M 306.6M --
Leases 141.3M 154.8M 102.0M 107.4M --
Line Of Credit 0.00 13.4M 0.00 -- --
Long Term Provisions -- -- 3.1M 3.1M 14.5M
Machinery Furniture Equipment 637.9M 611.1M 500.4M 465.2M --
Non Current Deferred Assets 1.7M 2.6M 1.7M 2.3M --
Non Current Deferred Liabilities 25.8M 25.8M 17.5M 18.4M --
Non Current Deferred Taxes Assets 400,000 800,000 1.2M 1.2M --
Non Current Deferred Taxes Liabilities 25.8M 25.8M 17.5M 18.4M --
Non Current Pension And Other Postretirement Benefit Plans 1.5M 1.5M 2.0M 1.5M --
Other Inventories -- -- 602.8M 750.9M --
Other Properties 43.1M 30.7M 23.1M 19.7M --
Other Receivables 23.4M 26.7M 13.2M 13.2M --
Properties 0.00 0.00 0.00 0.00 --
Raw Materials -- -- 237.5M 205.6M --
Taxes Receivable 6.2M 14.5M 8.2M 16.3M --
Total Tax Payable 6.3M 700,000 3.6M 4.8M --
Line Item FY 2025Dec 31, 2025 FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow 199.5M 343.9M 461.7M 359.9M --
Cash Flow From Continuing Operating Activities 199.5M 343.9M 461.7M 359.9M --
Depreciation And Amortization 93.0M 76.0M 67.4M 65.4M --
Depreciation Amortization Depletion 93.0M 76.0M 67.4M 65.4M --
Stock Based Compensation -- -- 0.00 200,000 200,000
Deferred Tax 53.7M 53.1M 82.0M 115.6M --
Deferred Income Tax 53.7M 53.1M 82.0M 115.6M --
Change In Working Capital -84.6M 102.7M 147.6M 18.1M --
Changes In Account Receivables -23.4M 75.2M 39.3M 62.4M --
Change In Receivables -23.4M 75.2M 39.3M 62.4M --
Change In Inventory -86.6M 78.7M 111.9M 45.0M --
Change In Payables And Accrued Expense 29.5M -50.0M -13.2M -83.8M --
Change In Other Working Capital -4.1M -1.2M 9.6M -5.5M --
Other Non Cash Items 21.6M 8.4M 9.5M 27.1M --
Capital Expenditure -74.4M -90.2M -72.7M -41.5M --
Purchase Of PPE -74.4M -90.2M -72.7M -41.5M --
Net PPE Purchase And Sale -70.5M -88.9M -71.5M -38.3M --
Purchase Of Business -130.0M -328.8M -7.5M 0.00 --
Sale Of Business -- 0.00 60.0M 9.7M 77.1M
Investing Cash Flow -200.5M -417.7M -5.3M -6.5M --
Cash Flow From Continuing Investing Activities -200.5M -417.7M -5.3M -6.5M --
Issuance Of Debt 300.0M 13.4M 0.00 -- --
Repayment Of Debt -36.9M -319.9M -18.0M -15.7M --
Net Issuance Payments Of Debt 263.1M -306.5M -18.0M -15.7M --
Issuance Of Capital Stock 300,000 1.9M 11.8M 300,000 --
Repurchase Of Capital Stock -87.3M -133.6M -81.5M -27.9M --
Net Common Stock Issuance -87.0M -131.7M -69.7M -27.6M --
Common Stock Dividend Paid -95.9M -97.6M -97.2M -95.6M --
Common Stock Payments -87.3M -133.6M -81.5M -27.9M --
Financing Cash Flow 78.2M -537.9M -184.9M -139.1M --
Cash Flow From Continuing Financing Activities 78.2M -537.9M -184.9M -139.1M --
Effect Of Exchange Rate Changes -8.2M 28.1M -5.3M 15.6M --
Changes In Cash 77.2M -611.7M 271.5M 214.3M --
Beginning Cash Position 45.6M 629.2M 363.0M 133.1M --
End Cash Position 114.6M 45.6M 629.2M 363.0M --
Free Cash Flow 125.1M 253.7M 389.0M 318.4M --
Amortization Cash Flow 10.2M 9.5M 9.0M 11.0M --
Amortization Of Intangibles 10.2M 9.5M 9.0M 11.0M --
Asset Impairment Charge 0.00 800,000 0.00 0.00 --
Cash Dividends Paid -95.9M -97.6M -97.2M -95.6M --
Common Stock Issuance 300,000 1.9M 11.8M 300,000 --
Depreciation 82.8M 66.5M 58.4M 54.4M --
Dividends Received Cfi -- 0.00 13.7M 22.1M 0.00
Earnings Losses From Equity Investments -- 0.00 -17.3M -31.0M -6.1M
Gain Loss On Sale Of Business -- 0.00 -9.8M 0.00 --
Gain Loss On Sale Of PPE -1.1M -700,000 -800,000 -2.8M --
Interest Paid Cfo -17.4M -5.0M -7.8M -24.0M --
Long Term Debt Issuance 300.0M -- -- -- --
Long Term Debt Payments -23.5M -319.9M -18.0M -15.7M --
Net Business Purchase And Sale -130.0M -328.8M 52.5M 9.7M --
Net Income From Continuing Operations 168.8M 161.0M 266.7M 371.9M --
Net Long Term Debt Issuance 276.5M -319.9M -18.0M -15.7M --
Net Other Financing Charges -2.0M -2.1M -- -200,000 -900,000
Net Short Term Debt Issuance -13.4M 13.4M 0.00 -- --
Operating Gains Losses 2.2M 2.3M -26.0M -31.9M --
Pension And Employee Benefit Expense 3.3M 3.0M 1.9M 1.9M --
Sale Of PPE 3.9M 1.3M 1.2M 3.2M --
Short Term Debt Issuance -- 13.4M 0.00 -- --
Short Term Debt Payments -13.4M -- -- -- --
Taxes Refund Paid -37.8M -55.4M -77.7M -182.5M --
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