Reliance Steel & Aluminum Co.’s press releases and additional information are available on the Company’s web site at www.rsac.com. The Company was named to the 2012 “ Fortune 500” List and the 2012 Fortune List of “ The World’s Most Admired Companies.”

Forward-Looking Statements

This release may contain forward-looking statements. Actual results and events may differ materially as a result of a variety of factors, many of which are outside of Reliance Steel & Aluminum Co.’s control. Risk factors and additional information are included in Reliance Steel & Aluminum Co.’s reports on file with the Securities and Exchange Commission, including Reliance Steel & Aluminum Co.’s Annual Report on Form 10-K for the year ended December 31, 2011 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2012, June 30, 2012 and September 30, 2012.
 
RELIANCE STEEL & ALUMINUM CO.
SELECTED UNAUDITED FINANCIAL DATA
(in millions, except share and per share amounts)
 
  Three Months   Twelve Months
Ended December 31, Ended December 31,

2012
  2011 2012   2011 *
Income Statement Data:
Net sales $ 1,889.0 $ 2,033.9 $ 8,442.3 $ 8,134.7

Gross profit 1
524.4 475.0 2,206.9 1,986.0
Operating income 135.8 112.3 659.2 572.8
Pre-tax income 121.3 98.4 609.4 511.6
Net income attributable to Reliance 80.4 67.9 403.5 343.8
Diluted earnings per share attributable to Reliance shareholders

$

1.06

$

0.91

$

5.33

$

4.58
Weighted average shares outstanding – diluted 76,124,260 75,026,062 75,694,212 75,041,753
Gross profit margin 1 27.8 % 23.4 % 26.1 % 24.4 %
Operating income margin 7.2 % 5.5 % 7.8 % 7.0 %
Pre-tax income margin 6.4 % 4.8 % 7.2 % 6.3 %
Net income margin – Reliance 4.3 % 3.3 % 4.8 % 4.2 %
Cash dividends per share $ 0.25 $ 0.12 $ 0.80 $ 0.48
 
 
  December 31,   December 31,
2012 2011 *
Balance Sheet and Other Data:
Current assets $ 2,277.4 $ 2,274.7
Working capital 1,699.2 1,698.3
Property, plant and equipment, net 1,240.7 1,105.5
Total assets 5,857.7 5,605.9
Current liabilities 578.2 576.4
Long-term debt 1,123.8 1,319.0
Total Reliance shareholders’ equity 3,558.4 3,143.9
Capital expenditures 214.0 156.4
Cash provided by operations 601.9 234.8
Net debt-to-total capital 2 23.8 % 28.4 %
Return on Reliance shareholders’ equity 3 12.8 % 12.2 %
Current ratio 3.9 3.9
Book value per share 4 $ 46.82 $ 41.92
 

* Amounts were derived from audited financial statements.
 

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