EME vs. RS
EME (EMCOR Group, Inc.) and RS (Reliance Steel & Aluminum Co.) are both stocks. EME operates in Engineering & Construction (Industrials), while RS operates in Steel (Basic Materials). Over the past 10 years, EME returned 33.72%/yr vs 20.32%/yr for RS. At a 0.44 correlation, their price movements are largely independent.
Performance
EME vs. RS - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with EME having a 38.34% return and RS slightly lower at 38.27%. Over the past 10 years, EME has outperformed RS with an annualized return of 33.72%, while RS has yielded a comparatively lower 20.32% annualized return.
EME
- 1D
- 0.70%
- 1M
- -9.41%
- YTD
- 38.34%
- 6M
- 33.21%
- 1Y
- 75.50%
- 3Y*
- 71.02%
- 5Y*
- 46.50%
- 10Y*
- 33.72%
RS
- 1D
- 0.64%
- 1M
- 6.93%
- YTD
- 38.27%
- 6M
- 38.65%
- 1Y
- 30.57%
- 3Y*
- 20.14%
- 5Y*
- 20.32%
- 10Y*
- 20.32%
EME vs. RS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EME EMCOR Group, Inc. | 38.34% | 35.05% | 111.27% | 46.03% | 16.81% | 39.93% | 6.47% | 45.18% | -26.68% | 16.09% |
RS Reliance Steel & Aluminum Co. | 38.27% | 9.12% | -2.33% | 40.29% | 27.08% | 37.84% | 2.42% | 72.21% | -15.12% | 10.49% |
Correlation
The correlation between EME and RS is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Dec 29, 1995 | 0.44 |
The correlation between EME and RS shifts across timeframes, from 0.29 (1 year) to 0.51 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
EME:
$29.65
RS:
$14.01
EME:
28.51
RS:
28.30
EME:
2.14
RS:
1.46
EME:
$17.75B
RS:
$14.29B
EME:
$3.47B
RS:
$3.90B
EME:
$2.03B
RS:
$1.30B
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Return for Risk
EME vs. RS — Risk / Return Rank
EME
RS
EME vs. RS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for EMCOR Group, Inc. (EME) and Reliance Steel & Aluminum Co. (RS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| EME | RS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.78 | ||
| Sortino ratioReturn per unit of downside risk | +0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.24 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 3.02 | 1.38 | +1.64 |
| Martin ratioReturn relative to average drawdown | 7.61 | 2.38 | +5.23 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EME | RS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.00 | 1.23 | +0.78 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.41 | 0.73 | +0.68 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.03 | 0.69 | +0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.46 | +0.14 |
Drawdowns
EME vs. RS - Drawdown Comparison
The maximum EME drawdown since its inception was -70.56%, smaller than the maximum RS drawdown of -83.80%. Use the drawdown chart below to compare losses from any high point for EME and RS.
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Drawdown Indicators
| EME | RS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.56% | -83.80% | +13.24% |
Max Drawdown (1Y)Largest decline over 1 year | -25.15% | -22.30% | -2.85% |
Max Drawdown (3Y)Largest decline over 3 years | -36.19% | -22.30% | -13.89% |
Max Drawdown (5Y)Largest decline over 5 years | -36.19% | -22.32% | -13.87% |
Max Drawdown (10Y)Largest decline over 10 years | -48.00% | -40.83% | -7.17% |
Current DrawdownCurrent decline from peak | -10.42% | 0.00% | -10.42% |
Average DrawdownAverage peak-to-trough decline | -15.37% | -16.49% | +1.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.96% | 12.90% | -2.94% |
Volatility
EME vs. RS - Volatility Comparison
EMCOR Group, Inc. (EME) has a higher volatility of 6.73% compared to Reliance Steel & Aluminum Co. (RS) at 5.97%. This indicates that EME's price experiences larger fluctuations and is considered to be riskier than RS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EME | RS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.73% | 5.97% | +0.76% |
Volatility (6M)Calculated over the trailing 6-month period | 25.45% | 16.90% | +8.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.87% | 24.99% | +12.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.26% | 27.98% | +5.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.94% | 29.64% | +3.30% |
Dividends
EME vs. RS - Dividend Comparison
EME's dividend yield for the trailing twelve months is around 0.15%, less than RS's 1.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EME EMCOR Group, Inc. | 0.15% | 0.16% | 0.20% | 0.32% | 0.36% | 0.41% | 0.35% | 0.37% | 0.54% | 0.39% | 0.45% | 0.67% |
RS Reliance Steel & Aluminum Co. | 1.24% | 1.66% | 1.63% | 1.43% | 1.73% | 1.70% | 2.09% | 1.84% | 2.81% | 2.10% | 2.07% | 2.76% |
Financials
EME vs. RS - Financials Comparison
This section allows you to compare key financial metrics between EMCOR Group, Inc. and Reliance Steel & Aluminum Co.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
EME vs. RS - Profitability Comparison
EME - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, EMCOR Group, Inc. reported a gross profit of 863.95M and revenue of 4.63B. Therefore, the gross margin over that period was 18.7%.
RS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Reliance Steel & Aluminum Co. reported a gross profit of 885.40M and revenue of 3.50B. Therefore, the gross margin over that period was 25.3%.
EME - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, EMCOR Group, Inc. reported an operating income of 403.85M and revenue of 4.63B, resulting in an operating margin of 8.7%.
RS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Reliance Steel & Aluminum Co. reported an operating income of 176.20M and revenue of 3.50B, resulting in an operating margin of 5.0%.
EME - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, EMCOR Group, Inc. reported a net income of 305.48M and revenue of 4.63B, resulting in a net margin of 6.6%.
RS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Reliance Steel & Aluminum Co. reported a net income of 116.50M and revenue of 3.50B, resulting in a net margin of 3.3%.
Frequently Asked Questions
EME and RS have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EME has higher volatility (6.73%) compared to RS (5.97%). In terms of maximum drawdown, EME dropped -70.56% vs RS's -83.80%.
EME currently has the higher Sharpe Ratio (2.00 vs 1.23), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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