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RSReliance Steel & Aluminum Co.

Interest Coverage Ratio: 23.89x

popular:market cap|pe ratio|revenue|price history|total return

Is the interest coverage ratio high or low?

The interest coverage ratio of 23.89x is 26% below its 5-year average of 32.16x, around the middle of its 5-year range (11.37x–52.71x).

As of Monday, June 29, 2026. 20.66% above its 12-month average of 19.80x.

Interest Expense|Total Debt|Debt/Equity|Operating Margin|All Metrics
Interest Coverage

RS Interest Coverage Ratio

23.89x

Reported quarterly interest coverage; no daily interpolation.

-18.53% 5Y
RS Interest Coverage Ratio

RS Average Interest Coverage Ratio Chart

RS Interest Coverage Ratio

RS Current vs Average Interest Coverage Ratio Chart

RS Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

23.89x

INTEREST COVERAGE RATIO AVG TTM

19.80x

INTEREST COVERAGE RATIO AVG 3Y

29.98x

INTEREST COVERAGE RATIO AVG 5Y

32.16x

INTEREST COVERAGE RATIO AVG 10Y

21.43x

INTEREST COVERAGE RATIO AVG 15Y

16.01x

INTEREST COVERAGE RATIO AVG 20Y

12.50x

CURRENT VS TTM AVG

+20.66%

CURRENT VS 3Y AVG

-20.31%

CURRENT VS 5Y AVG

-25.71%

CURRENT VS 10Y AVG

+11.47%

CURRENT VS 15Y AVG

+49.23%

CURRENT VS 20Y AVG

+91.08%

RS Competitors' Interest Coverage Ratio

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
Reliance Steel & Aluminum Co. (RS)$19.69B23.89x19.80x29.98x32.16x
International Flavors & Fragrances Inc. (IFF)vs ›$19.49B3.68x3.09x3.09x3.13x
Dow Inc. (DOW)vs ›$20.93B0.30x1.51x3.66x4.83x
DuPont de Nemours, Inc. (DD)vs ›$18.36B2.75x3.88x4.05x3.80x
Weyerhaeuser Company (WY)vs ›$18.25B1.70x2.13x4.97x5.90x
LyondellBasell Industries N.V. (LYB)vs ›$17.99B-0.64x5.09x10.25x9.30x
CEMEX, S.A.B. de C.V. (CX)vs ›$17.82B3.29x3.17x3.33x3.16x
CF Industries Holdings, Inc. (CF)vs ›$16.24B15.26x14.84x15.42x12.80x
Albemarle Corporation (ALB)vs ›$15.77B0.45x0.45x7.62x7.74x
Smurfit Westrock plc (SW)vs ›$24.64B2.65x2.29x5.63x6.46x

Financial Health Indicators

Interest Coverage

23.9x

Debt/Equity

0.28

Current Ratio

4.88

Formula: Interest Coverage = EBIT / Interest Expense

Reference ranges:

  • < 1.5x: EBIT is less than 1.5 times interest expense
  • 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
  • 3x - 5x: EBIT is between 3 and 5 times interest expense
  • > 5x: EBIT is more than 5 times interest expense

Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.

Interest Coverage Ratio Formula & Definition

Interest Coverage = EBIT / Interest Expense

The interest coverage ratio measures operating earnings relative to interest expense.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Interest Coverage Ratio FAQ

What is the interest coverage ratio for Reliance Steel & Aluminum Co. (RS)?
The interest coverage ratio for RS stock is 23.89x.
Is Reliance Steel & Aluminum Co.'s interest coverage ratio high or low?
The interest coverage ratio of 23.89x is 26% below its 5-year average of 32.16x, around the middle of its 5-year range (11.37x–52.71x).
What is the TTM average interest coverage ratio for Reliance Steel & Aluminum Co. (RS)?
The TTM average interest coverage ratio for RS stock is 19.80x.
What is the 3Y average interest coverage ratio for Reliance Steel & Aluminum Co. (RS)?
The 3Y average interest coverage ratio for RS stock is 29.98x.
What is the 5Y average interest coverage ratio for Reliance Steel & Aluminum Co. (RS)?
The 5Y average interest coverage ratio for RS stock is 32.16x.
What is the 10Y average interest coverage ratio for Reliance Steel & Aluminum Co. (RS)?
The 10Y average interest coverage ratio for RS stock is 21.43x.
What is the 15Y average interest coverage ratio for Reliance Steel & Aluminum Co. (RS)?
The 15Y average interest coverage ratio for RS stock is 16.01x.
What is the 20Y average interest coverage ratio for Reliance Steel & Aluminum Co. (RS)?
The 20Y average interest coverage ratio for RS stock is 12.50x.

RS Interest Coverage Ratio History

DATEINTEREST COVERAGE RATIO
2026-03-3123.89x
2025-12-3111.37x
2025-09-3018.04x
2025-06-3021.83x
2025-03-3123.86x
2024-12-3115.25x
2024-09-3025.55x
2024-06-3036.26x
2024-03-3140.53x
2023-12-3133.17x
2023-09-3040.15x
2023-06-3052.71x
2023-03-3147.12x
2022-12-3129.34x
2022-09-3035.16x
2022-06-3050.48x
2022-03-3145.90x
2021-12-3136.13x
2021-09-3035.10x
2021-06-3029.32x
2021-03-3124.10x
2020-12-3111.69x
2020-09-3011.15x
2020-06-308.51x
2020-03-3114.25x
2019-12-3113.55x
2019-09-3011.77x
2019-06-3011.30x
2019-03-3111.60x
2018-12-316.44x
2018-09-3011.42x
2018-06-3015.37x
2018-03-3112.77x
2017-12-317.56x
2017-09-308.46x
2017-06-309.25x
2017-03-3110.99x
2016-12-316.15x
2016-09-307.20x
2016-06-307.98x
2016-03-315.98x
2015-12-315.50x
2015-09-304.80x
2015-06-307.45x
2015-03-318.22x
2014-12-316.57x
2014-09-307.27x
2014-06-308.70x
2014-03-317.64x
2013-12-315.47x
2013-09-307.55x
2013-06-306.58x
2013-03-319.92x
2012-12-319.56x
2012-09-3010.38x
2012-06-3012.41x
2012-03-3112.73x
2011-12-317.64x
2011-09-309.34x
2011-06-3010.68x
2011-03-3110.60x
2010-12-315.15x
2010-09-305.77x
2010-06-307.32x
2010-03-315.29x
2009-12-317.87x
2009-09-304.67x
2009-06-300.33x
2009-03-312.48x
2008-09-3011.24x
2008-06-3016.58x
2008-03-3111.39x
2004-09-3011.77x
2004-06-3013.51x
2003-06-302.72x

Related Metrics

Interest ExpenseTotal DebtDebt/EquityOperating MarginAll Metrics

About Reliance Steel & Aluminum Co.

Reliance Steel & Aluminum Co. (RS) operates as a premier diversified metal solutions provider and a leading metal service center, serving clients across the United States, Canada, and globally. The company provides an extensive inventory of approximately 100,000 metal products, including alloys, aluminum, brass, copper, carbon steel, stainless steel, titanium, and various specialty steels. Beyond distribution, it offers comprehensive metal processing services to diverse sectors such as general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, and heavy industries. Additionally, RS supplies non-ferrous metals and tubular building products, while also manufacturing bespoke extruded metals, fabricated components, and welded parts. As of December 31, 2021, its network comprised about 315 facilities spread across 40 U.S. states and 13 other countries. The company directly sells its offerings to original equipment manufacturers, largely catering to small machine shops and fabricators. Founded in 1939, Reliance Steel & Aluminum Co. is headquartered in Los Angeles, California.

Los Angeles, CA
15,900 employees
reliance.com
Basic Materials / Steel
Sector
Basic Materials
Industry
Steel
CEO
Karla R. Lewis
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