v3.26.1
SEGMENT INFORMATION (Tables)
6 Months Ended
Jun. 30, 2026
SEGMENT INFORMATION  
Schedule of segment revenue, net income, significant expenses, and other quantitative information

Information about our segment revenue, net income, significant expenses, and other quantitative information is presented below (in millions):

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Metals Service Centers Segment

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Three Months Ended

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Six Months Ended

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June 30,

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June 30,

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2026

  ​ ​

2025

  ​ ​

2026

  ​ ​

2025

Net sales

$

4,630.0

​

$

3,659.8

​

$

8,656.0

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$

7,144.5

Less:

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Cost of sales (exclusive of depreciation and amortization shown below)

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3,329.5

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2,571.9

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6,183.6

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​

5,023.3

Compensation expense

​

488.6

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​

434.6

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​

941.3

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​

854.7

Other segment items(1)

​

294.4

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​

265.0

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​

579.5

​

​

535.6

Depreciation and amortization expense

​

69.5

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​

69.7

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​

138.7

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​

138.4

Interest expense

​

18.2

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14.3

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33.6

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​

25.8

Income tax provision

​

106.2

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​

70.1

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​

190.1

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​

132.0

Net income

$

323.6

​

$

234.2

​

$

589.2

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$

434.7

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Other Segment Disclosures:

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Purchases of property, plant and equipment

$

93.4

​

$

87.6

​

$

157.6

​

$

174.5

(1)Other segment items mainly consist of warehousing and delivery costs, which include among others, third-party freight, gas and oil, utilities & rent, plant supplies, and repairs and maintenance.