The earnings call for Russel Metals highlighted strong financial performance with revenue and EBITDA growth, improved return on invested capital, and shareholder returns. However, challenges such as a slight Q3 revenue decline, tariff costs, and increased operating costs due to restructuring were noted. The company's liquidity and credit rating improvements, along with strategic U.S. platform expansion, position them well for future growth.

Company Guidance

In the 2025 third quarter call for Russel Metals, the company outlined significant financial metrics and strategic initiatives. They reported a 10% increase in revenues and a 100 basis point improvement in gross margins for the first nine months of 2025 compared to the same period in 2024. EBITDA also rose by 13%, reflecting positive impacts from recent acquisitions and ongoing capital investments. The company’s capital expenditure for Q3 was $15 million, with total capital deployment over $1.7 billion, expected to reach $1.9 billion post the Kloeckner acquisition. Russel Metals has managed to release over $100 million of capital in Western Canada, reducing the cost of the Samuel acquisition. Their annualized return on invested capital reached 16%, surpassing their target of over 15%. The U.S. platform now constitutes 44% of year-to-date revenues, projected to exceed 50% after the Kloeckner deal. In Q3, they returned $38 million to shareholders through dividends and share buybacks, and their liquidity remains strong with flexibility for future investments. The company received a credit rating upgrade to BBB- from S&P, solidifying their investment-grade status. Despite facing market volatility and seasonal slowdowns, Russel Metals maintained stable shipment levels and expects typical seasonal volume declines in Q4.

Revenue and EBITDA Growth

For the first 9 months of 2025, Russel Metals reported a 10% increase in revenues and a 13% increase in EBITDA compared to the same period in 2024.

Return on Invested Capital

The company achieved a 16% annualized return on invested capital for 2025 year-to-date, surpassing their target of over 15% and outperforming three U.S. peers.

Capital Structure and Liquidity

Russel Metals has strong liquidity with flexible bank covenants and no financial covenants in term debt. S&P upgraded their credit rating to BBB-, marking them as investment-grade.

Shareholder Returns

The company returned $38 million to shareholders in Q3 through share buybacks and dividends. They have reduced shares outstanding by over 13% since August 2022.

U.S. Platform Expansion

The U.S. platform now accounts for 44% of year-to-date revenues, up from 30% in 2019, and is expected to exceed 50% with the Kloeckner acquisition.

Russel Metals (TSE:RUS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TSE:RUS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 11, 2026	2025 (Q4)	0.53 / -	0.47	―	―	―
Nov 05, 2025	2025 (Q3)	0.68 / 0.63	0.59	6.78% (+0.04)
Aug 07, 2025	2025 (Q2)	1.03 / 1.07	0.84	27.38% (+0.23)
May 06, 2025	2025 (Q1)	0.58 / 0.75	0.82	-8.54% (-0.07)
Feb 12, 2025	2024 (Q4)	0.49 / 0.47	0.78	-39.74% (-0.31)
Nov 06, 2024	2024 (Q3)	0.62 / 0.59	0.99	-40.40% (-0.40)
Jul 31, 2024	2024 (Q2)	0.85 / 0.84	1.37	-38.69% (-0.53)
May 01, 2024	2024 (Q1)	0.83 / 0.82	1.19	-31.09% (-0.37)
Feb 08, 2024	2023 (Q4)	0.72 / 0.78	0.93	-16.13% (-0.15)
Nov 08, 2023	2023 (Q3)	0.92 / 0.99	1.45	-31.72% (-0.46)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TSE:RUS Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 05, 2025	C$42.09	C$39.81	-5.42%
Aug 07, 2025	C$42.28	C$39.59	-6.37%
May 06, 2025	C$39.69	C$40.22	+1.33%
Feb 12, 2025	C$40.26	C$40.07	-0.46%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Russel Metals Inc (TSE:RUS) report earnings?

Russel Metals Inc (TSE:RUS) is schdueled to report earning on Feb 11, 2026, After Close (Confirmed).

What is Russel Metals Inc (TSE:RUS) earnings time?

Russel Metals Inc (TSE:RUS) earnings time is at Feb 11, 2026, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is TSE:RUS EPS forecast?

TSE:RUS EPS forecast for the fiscal quarter 2025 (Q4) is 0.53.

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