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    November 9, 2026

    Russel's profits skyrocket in Q3 as revenue hits quarterly record

    Written by Ethan Bernard

    Russel Metals

    Third quarter ended Sept. 3020262025% Change
    Net sales$1,819.1$1,166.955.9%
    Net earnings (loss)$125.5$35.0258.6%
    Per diluted share$2.29$0.63263.5%
    Nine months ended Sept. 30
    Net sales$4,892.4$3,547.837.9%
    Net earnings (loss)$275.8$138.499.3%
    Per diluted share$5.02$2.45104.9%
    (in millions of Canadian dollars except per share)

    Ethan Bernard

    Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

    Read more from Ethan Bernard

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