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RS vs LIN
Revenue, margins, valuation, and 5-year total return — side by side.
Chemicals - Specialty
RS vs LIN — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Steel | Chemicals - Specialty |
| Market Cap | $19.01B | $231.88B |
| Revenue (TTM) | $14.84B | $34.66B |
| Net Income (TTM) | $806M | $7.13B |
| Gross Margin | 27.2% | 46.0% |
| Operating Margin | 7.5% | 28.8% |
| Forward P/E | 19.3x | 28.1x |
| Total Debt | $1.99B | $26.99B |
| Cash & Equiv. | $217M | $5.06B |
RS vs LIN — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Reliance Steel & Al… (RS) | 100 | 388.1 | +288.1% |
| Linde plc (LIN) | 100 | 248.0 | +148.0% |
Price return only. Dividends and distributions are not included.
Quick Verdict: RS vs LIN
Each card shows where this stock fits in a portfolio — not just who wins on paper.
RS carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 23 yrs, beta 0.75, yield 1.3%
- Rev growth 3.3%, EPS growth -10.2%, 3Y rev CAGR -5.7%
- 450.7% 10Y total return vs LIN's 379.1%
LIN is the clearest fit if your priority is quality and stability.
- 20.6% margin vs RS's 5.4%
- Beta 0.24 vs RS's 0.75
- 8.3% ROA vs RS's 7.6%, ROIC 11.3% vs 8.9%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 3.3% revenue growth vs LIN's 3.0% | |
| Value | Lower P/E (19.3x vs 28.1x), PEG 0.97 vs 1.11 | |
| Quality / Margins | 20.6% margin vs RS's 5.4% | |
| Stability / Safety | Beta 0.24 vs RS's 0.75 | |
| Dividends | 1.3% yield, 23-year raise streak, vs LIN's 1.2% | |
| Momentum (1Y) | +27.8% vs LIN's +11.9% | |
| Efficiency (ROA) | 8.3% ROA vs RS's 7.6%, ROIC 11.3% vs 8.9% |
RS vs LIN — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
RS vs LIN — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
LIN leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
LIN is the larger business by revenue, generating $34.7B annually — 2.3x RS's $14.8B. LIN is the more profitable business, keeping 20.6% of every revenue dollar as net income compared to RS's 5.4%. On growth, RS holds the edge at +15.5% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $14.8B | $34.7B |
| EBITDAEarnings before interest/tax | $1.4B | $12.1B |
| Net IncomeAfter-tax profit | $806M | $7.1B |
| Free Cash FlowCash after capex | $612M | $5.1B |
| Gross MarginGross profit ÷ Revenue | +27.2% | +46.0% |
| Operating MarginEBIT ÷ Revenue | +7.5% | +28.8% |
| Net MarginNet income ÷ Revenue | +5.4% | +20.6% |
| FCF MarginFCF ÷ Revenue | +4.1% | +14.7% |
| Rev. Growth (YoY)Latest quarter vs prior year | +15.5% | +8.2% |
| EPS Growth (YoY)Latest quarter vs prior year | +36.4% | +13.4% |
Valuation Metrics
RS leads this category, winning 7 of 7 comparable metrics.
Valuation Metrics
At 26.6x trailing earnings, RS trades at a 22% valuation discount to LIN's 34.3x P/E. Adjusting for growth (PEG ratio), RS offers better value at 1.34x vs LIN's 1.35x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | ||
|---|---|---|
| Market CapShares × price | $19.0B | $231.9B |
| Enterprise ValueMkt cap + debt − cash | $20.8B | $253.8B |
| Trailing P/EPrice ÷ TTM EPS | 26.61x | 34.30x |
| Forward P/EPrice ÷ next-FY EPS est. | 19.32x | 28.12x |
| PEG RatioP/E ÷ EPS growth rate | 1.34x | 1.35x |
| EV / EBITDAEnterprise value multiple | 15.98x | 19.99x |
| Price / SalesMarket cap ÷ Revenue | 1.33x | 6.82x |
| Price / BookPrice ÷ Book value/share | 2.74x | 5.90x |
| Price / FCFMarket cap ÷ FCF | 37.84x | 45.56x |
Profitability & Efficiency
LIN leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
LIN delivers a 17.8% return on equity — every $100 of shareholder capital generates $18 in annual profit, vs $11 for RS. RS carries lower financial leverage with a 0.28x debt-to-equity ratio, signaling a more conservative balance sheet compared to LIN's 0.68x. On the Piotroski fundamental quality scale (0–9), LIN scores 6/9 vs RS's 5/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +11.2% | +17.8% |
| ROA (TTM)Return on assets | +7.6% | +8.3% |
| ROICReturn on invested capital | +8.9% | +11.3% |
| ROCEReturn on capital employed | +11.2% | +13.0% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 6 |
| Debt / EquityFinancial leverage | 0.28x | 0.68x |
| Net DebtTotal debt minus cash | $1.8B | $21.9B |
| Cash & Equiv.Liquid assets | $217M | $5.1B |
| Total DebtShort + long-term debt | $2.0B | $27.0B |
| Interest CoverageEBIT ÷ Interest expense | 18.77x | 34.52x |
Total Returns (Dividends Reinvested)
RS leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in RS five years ago would be worth $22,887 today (with dividends reinvested), compared to $18,055 for LIN. Over the past 12 months, RS leads with a +27.8% total return vs LIN's +11.9%. The 3-year compound annual growth rate (CAGR) favors RS at 16.5% vs LIN's 12.2% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +26.2% | +17.0% |
| 1-Year ReturnPast 12 months | +27.8% | +11.9% |
| 3-Year ReturnCumulative with dividends | +58.3% | +41.2% |
| 5-Year ReturnCumulative with dividends | +128.9% | +80.6% |
| 10-Year ReturnCumulative with dividends | +450.7% | +379.1% |
| CAGR (3Y)Annualised 3-year return | +16.5% | +12.2% |
Risk & Volatility
Evenly matched — RS and LIN each lead in 1 of 2 comparable metrics.
Risk & Volatility
LIN is the less volatile stock with a 0.24 beta — it tends to amplify market swings less than RS's 0.75 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. RS currently trades 99.5% from its 52-week high vs LIN's 96.0% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.75x | 0.24x |
| 52-Week HighHighest price in past year | $373.77 | $521.28 |
| 52-Week LowLowest price in past year | $260.31 | $387.78 |
| % of 52W HighCurrent price vs 52-week peak | +99.5% | +96.0% |
| RSI (14)Momentum oscillator 0–100 | 73.8 | 45.6 |
| Avg Volume (50D)Average daily shares traded | 316K | 2.3M |
Analyst Outlook
RS leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Wall Street rates RS as "Hold" and LIN as "Buy". Consensus price targets imply 7.9% upside for LIN (target: $540) vs -2.7% for RS (target: $362). For income investors, RS offers the higher dividend yield at 1.29% vs LIN's 1.20%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | $362.00 | $539.71 |
| # AnalystsCovering analysts | 27 | 28 |
| Dividend YieldAnnual dividend ÷ price | +1.3% | +1.2% |
| Dividend StreakConsecutive years of raises | 23 | 6 |
| Dividend / ShareAnnual DPS | $4.82 | $6.00 |
| Buyback YieldShare repurchases ÷ mkt cap | +3.1% | +2.0% |
RS leads in 3 of 6 categories (Valuation Metrics, Total Returns). LIN leads in 2 (Income & Cash Flow, Profitability & Efficiency). 1 tied.
RS vs LIN: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is RS or LIN a better buy right now?
For growth investors, Reliance Steel & Aluminum Co.
(RS) is the stronger pick with 3. 3% revenue growth year-over-year, versus 3. 0% for Linde plc (LIN). Reliance Steel & Aluminum Co. (RS) offers the better valuation at 26. 6x trailing P/E (19. 3x forward), making it the more compelling value choice. Analysts rate Linde plc (LIN) a "Buy" — based on 28 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — RS or LIN?
On trailing P/E, Reliance Steel & Aluminum Co.
(RS) is the cheapest at 26. 6x versus Linde plc at 34. 3x. On forward P/E, Reliance Steel & Aluminum Co. is actually cheaper at 19. 3x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Reliance Steel & Aluminum Co. wins at 0. 97x versus Linde plc's 1. 11x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — RS or LIN?
Over the past 5 years, Reliance Steel & Aluminum Co.
(RS) delivered a total return of +128. 9%, compared to +80. 6% for Linde plc (LIN). Over 10 years, the gap is even starker: RS returned +454. 9% versus LIN's +376. 9%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — RS or LIN?
By beta (market sensitivity over 5 years), Linde plc (LIN) is the lower-risk stock at 0.
24β versus Reliance Steel & Aluminum Co. 's 0. 75β — meaning RS is approximately 211% more volatile than LIN relative to the S&P 500. On balance sheet safety, Reliance Steel & Aluminum Co. (RS) carries a lower debt/equity ratio of 28% versus 68% for Linde plc — giving it more financial flexibility in a downturn.
05Which is growing faster — RS or LIN?
By revenue growth (latest reported year), Reliance Steel & Aluminum Co.
(RS) is pulling ahead at 3. 3% versus 3. 0% for Linde plc (LIN). On earnings-per-share growth, the picture is similar: Linde plc grew EPS 7. 1% year-over-year, compared to -10. 2% for Reliance Steel & Aluminum Co.. Over a 3-year CAGR, LIN leads at 0. 6% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — RS or LIN?
Linde plc (LIN) is the more profitable company, earning 20.
3% net margin versus 5. 2% for Reliance Steel & Aluminum Co. — meaning it keeps 20. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: LIN leads at 26. 3% versus 7. 2% for RS. At the gross margin level — before operating expenses — LIN leads at 43. 3%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is RS or LIN more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, Reliance Steel & Aluminum Co. (RS) is the more undervalued stock at a PEG of 0. 97x versus Linde plc's 1. 11x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Reliance Steel & Aluminum Co. (RS) trades at 19. 3x forward P/E versus 28. 1x for Linde plc — 8. 8x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for LIN: 7. 9% to $539. 71.
08Which pays a better dividend — RS or LIN?
All stocks in this comparison pay dividends.
Reliance Steel & Aluminum Co. (RS) offers the highest yield at 1. 3%, versus 1. 2% for Linde plc (LIN).
09Is RS or LIN better for a retirement portfolio?
For long-horizon retirement investors, Linde plc (LIN) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
24), 1. 2% yield, +376. 9% 10Y return). Both have compounded well over 10 years (LIN: +376. 9%, RS: +454. 9%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between RS and LIN?
Both stocks operate in the Basic Materials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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