Reliance, Inc. (RS) Financial Statements
Industry: Metals Service Centers & of fices (Wholesale)
In fiscal 2025, Reliance reported revenue of $14.29B, up 3.3% from $13.84B the year before. Net income was $739.4M (a 5.2% net margin), or $13.98 per diluted share. Gross margin was 7.1% and operating margin was 7.1%. Operating activities generated $831.4M of cash, leaving $502.5M of free cash flow. At fiscal year end, Reliance held $10.37B in total assets against $3.19B in total liabilities, including $216.6M of cash and equivalents.
Open the full interactive Reliance financials → Quarterly statements, key ratios, valuation history and price charts.
Reliance Key Stats
| Share Price | $404.06 |
|---|---|
| Market Cap | $20.76B |
| P/E Ratio | 28.9 |
| Revenue YoY Growth | +3.3% |
| 52-Week Range | $261.99 – $428.02 |
| Shares Outstanding | 51.0 million (basic, 2026 Q2) |
Reliance Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $8.81B | $14.09B | $17.02B | $14.81B | $13.84B | $14.29B |
| Cost of Goods Sold | $8.25B | $12.14B | $14.52B | $13.07B | $12.68B | $13.28B |
| Gross Profit | $565.8M | $1.95B | $2.51B | $1.74B | $1.16B | $1.01B |
| Operating Income | $565.8M | $1.95B | $2.51B | $1.74B | $1.16B | $1.01B |
| Pre-Tax Income | $478.2M | $1.88B | $2.43B | $1.74B | $1.14B | $969.2M |
| Income Tax | $105.8M | $465.7M | $586.2M | $400.6M | $261.9M | $227.6M |
| Net Income | $369.1M | $1.41B | $1.84B | $1.34B | $875.2M | $739.4M |
| Diluted EPS | $5.66 | $21.97 | $29.92 | $22.64 | $15.56 | $13.98 |
Reliance Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $3.65B | $3.50B | $4.03B | $4.63B |
| Net Income | $189.5M | $116.5M | $264.9M | $322.9M |
| Diluted EPS | $3.59 | $2.20 | $5.10 | $6.29 |
Reliance Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $683.5M | $300.5M | $1.17B | $1.08B | $318.1M | $216.6M |
| Current Assets | $3.11B | $4.16B | $4.89B | $4.77B | $3.90B | $4.14B |
| Total Assets | $8.11B | $9.54B | $10.33B | $10.48B | $10.02B | $10.37B |
| Current Liabilities | $613.0M | $1.06B | $1.38B | $843.6M | $1.21B | $848.1M |
| Total Long-Term Debt | $1.64B | $1.64B | $1.14B | $1.14B | $1.14B | $1.42B |
| Total Liabilities | $2.99B | $3.45B | $3.24B | $2.75B | $2.79B | $3.19B |
| Shareholders' Equity | $5.12B | $6.09B | $7.09B | $7.72B | $7.22B | $7.17B |
Reliance Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $1.17B | $799.4M | $2.12B | $1.67B | $1.43B | $831.4M |
| Cash From Investing | -$188.4M | -$652.3M | -$348.5M | -$483.9M | -$803.7M | -$321.8M |
| Cash From Financing | -$483.0M | -$528.9M | -$892.6M | -$1.28B | -$1.38B | -$620.2M |
| Free Cash Flow | $1.00B | $562.8M | $1.78B | $1.20B | $999.2M | $502.5M |
Figures from Reliance's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Reliance financials page for every line item.
Reliance Company Profile
| Ticker | RS |
|---|---|
| Exchange | NYSE |
| Industry | Metals Service Centers & of fices (Wholesale) |
| Headquarters | Phoenix, Arizona |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000861884 |
Frequently Asked Questions
What was Reliance's revenue in fiscal 2025?
Reliance (RS) reported revenue of $14.29B for fiscal 2025.
What is Reliance's annual revenue history?
Reliance's annual revenue by fiscal year: 2020: $8.81B; 2021: $14.09B; 2022: $17.02B; 2023: $14.81B; 2024: $13.84B; 2025: $14.29B.
What was Reliance's net income in fiscal 2025?
Reliance reported net income of $739.4M for fiscal 2025.
What was Reliance's earnings per share (EPS) in fiscal 2025?
Reliance's diluted EPS was $13.98 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Reliance generate in fiscal 2025?
Reliance generated $502.5M of free cash flow in fiscal 2025.
What was Reliance's revenue last quarter?
In its most recent reported quarter (2026 Q2), Reliance reported revenue of $4.63B.
How much debt does Reliance have?
Reliance reported $1.42B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Reliance are outstanding?
Reliance reported a weighted average of 51.0 million basic shares outstanding in 2026 Q2.
What is Reliance's market cap?
Based on its latest closing price, Reliance (RS) has a market capitalization of about $20.76B.
When does Reliance's fiscal year end?
Reliance's fiscal year end, as registered with the SEC, is December 31.
Where is Reliance headquartered?
Reliance lists its business address in Phoenix, Arizona in its SEC filings.
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