Reliance (RS) Financials

$303.71 -0.75 (-0.25%)

As of 05/20/2025 03:59 PM Eastern

Annual Income Statements for Reliance

This table shows Reliance's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	875	1,336	1,840	1,413	369	702	634	613	304	312
Consolidated Net Income / (Loss)	878	1,340	1,844	1,417	372	706	642	621	309	316
Net Income / (Loss) Continuing Operations	878	1,340	1,844	1,417	372	706	642	621	309	316
Total Pre-Tax Income	1,140	1,741	2,430	1,883	478	929	851	584	429	459
Total Operating Income	1,160	1,740	2,507	1,949	566	1,014	938	662	518	550
Total Gross Profit	4,107	4,547	5,251	4,490	2,775	3,329	3,282	2,788	2,590	2,547
Total Revenue	13,835	14,806	17,025	14,093	8,812	10,974	11,535	9,721	8,613	9,351
Operating Revenue	13,835	14,806	17,025	14,093	8,812	10,974	11,535	9,721	8,613	9,351
Total Cost of Revenue	9,728	10,259	11,774	9,603	6,037	7,644	8,253	6,933	6,023	6,804
Operating Cost of Revenue	9,728	10,259	11,774	9,603	6,037	7,644	8,253	6,933	6,023	6,804
Total Operating Expenses	2,947	2,808	2,744	2,541	2,209	2,316	2,344	2,125	2,073	1,997
Selling, General & Admin Expense	2,666	2,562	2,504	2,307	1,874	2,095	2,092	1,903	1,798	1,725
Depreciation Expense	269	245	240	230	227	219	215	218	222	219
Impairment Charge	12	0.00	0.00	4.70	108	1.20	37	4.20	52	53
Total Other Income / (Expense), net	-20	1.20	-77	-66	-88	-84	-87	-79	-89	-91
Interest Expense	40	40	62	63	63	85	86	74	85	84
Other Income / (Expense), net	20	41	-14	-3.10	-25	0.80	-0.70	-4.70	-4.00	-6.80
Income Tax Expense	262	401	586	466	106	223	209	-37	120	143
Net Income / (Loss) Attributable to Noncontrolling Interest	2.80	4.20	4.10	4.40	3.30	4.60	8.10	7.60	4.80	4.70
Basic Earnings per Share	$15.70	$22.90	$30.39	$22.35	$5.74	$10.49	$8.85	$8.42	$4.21	$4.20
Weighted Average Basic Shares Outstanding	55.75M	58.33M	60.56M	63.22M	64.33M	66.89M	71.62M	72.85M	72.36M	74.10M
Diluted Earnings per Share	$15.56	$22.64	$29.92	$21.97	$5.66	$10.34	$8.75	$8.34	$4.16	$4.16
Weighted Average Diluted Shares Outstanding	56.25M	59.02M	61.50M	64.33M	65.26M	67.86M	72.44M	73.54M	72.36M	74.10M
Weighted Average Basic & Diluted Shares Outstanding	52.97M	57.43M	58.98M	61.70M	63.60M	66.86M	71.62M	72.85M	72.36M	74.10M
Cash Dividends to Common per Share	$4.40	$4.00	$3.50	$2.75	$2.50	$2.20	$2.00	$1.80	$1.65	$1.60

This table shows Reliance's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	200	105	199	268	303	273	295	385	383	351	394
Consolidated Net Income / (Loss)	201	106	200	268	304	273	296	386	384	351	394
Net Income / (Loss) Continuing Operations	201	106	200	268	304	273	296	386	384	351	394
Total Pre-Tax Income	262	134	261	350	396	333	388	511	509	447	524
Total Operating Income	274	142	273	352	393	325	390	511	514	455	549
Total Gross Profit	1,033	886	1,006	1,086	1,128	1,022	1,077	1,223	1,226	1,130	1,239
Total Revenue	3,485	3,127	3,420	3,643	3,645	3,337	3,623	3,880	3,965	3,611	4,247
Operating Revenue	3,485	3,127	3,420	3,643	3,645	3,337	3,623	3,880	3,965	3,611	4,247
Total Cost of Revenue	2,451	2,241	2,414	2,557	2,517	2,316	2,546	2,658	2,739	2,481	3,008
Operating Cost of Revenue	2,451	2,241	2,414	2,557	2,517	2,316	2,546	2,658	2,739	2,481	3,008
Total Operating Expenses	759	744	733	734	735	697	688	711	712	675	691
Selling, General & Admin Expense	690	662	665	668	672	634	627	651	651	614	630
Depreciation Expense	69	71	68	67	64	63	61	61	61	61	60
Total Other Income / (Expense), net	-12	-8.30	-13	-2.00	3.10	8.20	-1.50	-0.40	-5.10	-8.20	-25
Interest Expense	12	10	11	9.70	9.70	9.80	9.70	9.70	11	16	16
Other Income / (Expense), net	-0.50	1.70	-2.00	7.70	13	18	8.20	9.30	5.80	7.30	-8.90
Income Tax Expense	62	28	61	81	92	60	92	125	124	95	130
Net Income / (Loss) Attributable to Noncontrolling Interest	0.80	0.70	0.70	0.50	0.90	0.70	1.00	1.20	1.30	0.80	0.90
Basic Earnings per Share	$3.76	$2.07	$3.64	$4.71	$5.28	$4.78	$5.05	$6.56	$6.51	$6.09	$6.55
Weighted Average Basic Shares Outstanding	53.08M	55.75M	54.69M	56.88M	57.34M	58.33M	58.43M	58.69M	58.83M	60.56M	60.06M
Diluted Earnings per Share	$3.74	$2.05	$3.61	$4.67	$5.23	$4.73	$4.99	$6.49	$6.43	$5.99	$6.45
Weighted Average Diluted Shares Outstanding	53.40M	56.25M	55.18M	57.39M	57.88M	59.02M	59.12M	59.35M	59.53M	61.50M	60.98M
Weighted Average Basic & Diluted Shares Outstanding	52.59M	52.97M	54.12M	55.02M	57.43M	57.43M	57.47M	58.56M	58.79M	58.98M	-
Cash Dividends to Common per Share	$1.20	-	$1.10	$1.10	$1.10	-	$1.00	$1.00	$1.00	-	$0.88

This table details how cash moves in and out of Reliance's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	-762	-93	873	-383	509	46	-26	32	19	-1.90
Net Cash From Operating Activities	1,430	1,671	2,119	799	1,173	1,302	665	399	627	1,025
Net Cash From Continuing Operating Activities	1,430	1,671	2,119	799	1,173	1,302	665	399	627	1,025
Net Income / (Loss) Continuing Operations	878	1,340	1,844	1,417	372	706	642	621	309	316
Consolidated Net Income / (Loss)	878	1,340	1,844	1,417	372	706	642	621	309	316
Depreciation Expense	269	245	240	230	227	219	215	218	222	219
Non-Cash Adjustments To Reconcile Net Income	81	68	96	85	187	64	83	43	89	82
Changes in Operating Assets and Liabilities, net	202	18	-62	-934	387	312	-276	-483	6.90	408
Net Cash From Investing Activities	-804	-484	-349	-652	-188	-419	-281	-179	-505	-170
Net Cash From Continuing Investing Activities	-804	-484	-349	-652	-188	-419	-281	-179	-505	-170
Purchase of Property, Plant & Equipment	-431	-469	-342	-237	-172	-242	-240	-162	-155	-172
Acquisitions	-365	-24	0.00	-439	-6.90	-178	-78	-38	-349	-0.40
Sale of Property, Plant & Equipment	4.70	11	11	36	6.70	8.00	29	28	8.90	7.40
Other Investing Activities, net	-13	-2.20	-18	-12	-16	-7.10	7.30	-7.60	-10	-4.70
Net Cash From Financing Activities	-1,376	-1,282	-893	-529	-483	-841	-404	-198	-100	-849
Net Cash From Continuing Financing Activities	-1,376	-1,282	-893	-529	-483	-841	-404	-198	-100	-849
Repayment of Debt	-653	-511	-5.50	-27	-1,624	-1,610	-1,263	-925	-2,090	-974
Repurchase of Common Equity	-1,094	-480	-630	-324	-337	-50	-485	-25	-	-356
Payment of Dividends	-250	-238	-217	-177	-164	-151	-145	-132	-120	-120
Issuance of Debt	663	0.00	0.00	20	1,674	971	1,519	883	2,073	586
Other Financing Activities, net	-43	-54	-40	-21	-31	-0.40	-29	-	38	15
Effect of Exchange Rate Changes	-12	1.70	-4.60	-1.20	-	-	-	-	-	-8.50
Cash Interest Paid	38	42	60	59	53	83	84	73	81	82
Cash Income Taxes Paid	245	386	692	444	88	214	229	171	95	205

This table details how cash moves in and out of Reliance's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-40	3.50	-36	-584	-145	103	161	0.10	-357	530	139
Net Cash From Operating Activities	65	473	464	366	126	526	466	295	385	809	636
Net Cash From Continuing Operating Activities	65	473	464	366	126	526	466	295	385	809	636
Net Income / (Loss) Continuing Operations	201	106	200	268	304	273	296	386	384	351	394
Consolidated Net Income / (Loss)	201	106	200	268	304	273	296	386	384	351	394
Depreciation Expense	69	71	68	67	64	63	61	61	61	61	60
Non-Cash Adjustments To Reconcile Net Income	19	33	17	15	16	12	22	20	13	16	26
Changes in Operating Assets and Liabilities, net	-223	264	179	17	-257	178	87	-172	-74	380	155
Net Cash From Investing Activities	-88	-130	-111	-385	-177	-116	-113	-152	-103	-104	-95
Net Cash From Continuing Investing Activities	-88	-130	-111	-385	-177	-116	-113	-152	-103	-104	-95
Purchase of Property, Plant & Equipment	-87	-111	-113	-98	-109	-110	-126	-130	-103	-92	-96
Acquisitions	0.00	2.10	-20	-293	-54	0.10	-	-24	0.00	-	-
Other Investing Activities, net	-0.70	-26	22	6.40	-15	-17	13	1.90	0.30	-13	-0.10
Net Cash From Financing Activities	-19	-328	-395	-564	-90	-312	-190	-141	-639	-182	-395
Net Cash From Continuing Financing Activities	-19	-328	-395	-564	-90	-312	-190	-141	-639	-182	-395
Repayment of Debt	-477	-111	-560	18	-1.10	0.30	-3.40	-6.40	-501	-27	-0.50
Repurchase of Common Equity	-253	-142	-432	-519	0.00	-240	-126	-74	-39	-83	-337
Payment of Dividends	-65	-61	-61	-63	-65	-59	-59	-59	-62	-54	-53
Issuance of Debt	788	-	663	-	-	-	2.20	-	-	-	-
Other Financing Activities, net	-12	-13	-5.50	-0.20	-24	-13	-4.00	-0.10	-37	-18	-4.50
Effect of Exchange Rate Changes	1.40	-	-	-	-3.90	5.40	-	-	-	6.60	-
Cash Interest Paid	10	10	9.70	9.20	8.80	9.30	8.80	9.30	14	21	8.80
Cash Income Taxes Paid	14	48	49	138	10	81	114	170	21	96	170

This table presents Reliance's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Total Assets	10,022	10,480	10,330	9,536	8,107	8,131	8,045	7,751	7,411	7,122
Total Current Assets	3,896	4,772	4,887	4,160	3,113	3,010	3,285	3,051	2,689	2,554
Cash & Equivalents	318	1,080	1,173	301	684	174	128	154	123	104
Accounts Receivable	1,342	1,472	1,566	1,683	926	1,068	1,242	1,087	960	917
Inventories, net	2,027	2,043	1,995	2,065	1,420	1,646	1,817	1,726	1,533	1,436
Prepaid Expenses	148	140	116	112	81	85	82	81	73	61
Current Deferred & Refundable Income Taxes	60	36	37	0.00	2.10	37	16	2.90	-	37
Plant, Property, & Equipment, net	2,545	2,248	1,975	1,837	1,792	1,795	1,730	1,656	1,662	1,636
Total Noncurrent Assets	3,581	3,460	3,469	3,539	3,202	3,326	3,030	3,043	3,061	2,932
Goodwill	2,162	2,111	2,106	2,108	1,935	2,004	1,871	1,843	1,827	1,725
Intangible Assets	1,007	981	1,020	1,078	947	1,031	1,072	1,112	1,151	1,125
Other Noncurrent Operating Assets	412	368	343	354	320	291	87	89	82	82
Total Liabilities & Shareholders' Equity	10,022	10,480	10,330	9,536	8,107	8,131	8,045	7,751	7,411	7,122
Total Liabilities	2,791	2,748	3,234	3,442	2,984	2,917	3,365	3,051	3,232	3,179
Total Current Liabilities	1,213	844	1,375	1,065	613	675	699	704	656	990
Short-Term Debt	400	0.30	508	5.00	6.00	65	65	92	83	501
Accounts Payable	362	410	412	454	259	275	339	347	302	247
Accrued Expenses	195	163	162	189	131	111	120	126	124	123
Current Employee Benefit Liabilities	195	214	240	294	166	172	175	139	141	119
Other Current Liabilities	61	56	53	59	51	53	-	-	-	-
Total Noncurrent Liabilities	1,578	1,904	1,859	2,377	2,371	2,242	2,666	2,347	2,576	2,189
Long-Term Debt	743	1,142	1,139	1,642	1,639	1,524	2,139	1,809	1,847	1,428
Noncurrent Deferred & Payable Income Tax Liabilities	538	494	477	485	456	469	440	441	627	627
Noncurrent Employee Benefit Liabilities	27	25	26	38	96	87	72	85	90	104
Other Noncurrent Operating Liabilities	271	243	217	213	181	162	16	12	13	30
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	7,231	7,733	7,096	6,094	5,123	5,214	4,680	4,700	4,179	3,943
Total Preferred & Common Equity	7,220	7,722	7,087	6,087	5,115	5,207	4,672	4,667	4,149	3,914
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	7,220	7,722	7,087	6,087	5,115	5,207	4,672	4,667	4,149	3,914
Common Stock	0.10	0.10	0.10	0.10	0.10	122	136	595	590	534
Retained Earnings	7,335	7,799	7,174	6,155	5,193	5,190	4,638	4,144	3,663	3,480
Accumulated Other Comprehensive Income / (Loss)	-115	-77	-86	-69	-78	-105	-103	-72	-105	-100
Noncontrolling Interest	11	11	8.50	7.20	7.30	7.50	7.90	33	30	29

This table presents Reliance's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023
Total Assets	10,365	10,301	10,448	10,712	10,493	10,440	10,203
Total Current Assets	4,211	4,213	4,433	4,923	4,859	4,858	4,712
Cash & Equivalents	278	315	351	935	977	816	816
Accounts Receivable	1,672	1,567	1,651	1,686	1,666	1,730	1,800
Inventories, net	2,114	2,206	2,289	2,167	2,110	2,202	1,981
Prepaid Expenses	136	124	132	136	105	110	114
Current Deferred & Refundable Income Taxes	12	1.90	9.80	0.00	1.00	0.00	0.00
Plant, Property, & Equipment, net	2,573	2,503	2,438	2,309	2,189	2,116	2,025
Total Noncurrent Assets	3,581	3,585	3,578	3,480	3,445	3,466	3,466
Goodwill	2,166	2,171	2,167	2,125	2,109	2,110	2,106
Intangible Assets	997	1,032	1,036	986	990	1,003	1,008
Other Noncurrent Operating Assets	418	383	375	368	346	353	352
Total Liabilities & Shareholders' Equity	10,365	10,301	10,448	10,712	10,493	10,440	10,203
Total Liabilities	3,251	2,940	2,815	2,770	2,758	2,815	2,849
Total Current Liabilities	1,330	1,273	884	857	879	938	975
Short-Term Debt	400	400	0.30	0.30	0.30	0.30	8.20
Accounts Payable	521	441	458	450	445	500	545
Accrued Expenses	190	178	194	164	174	180	159
Current Employee Benefit Liabilities	156	194	174	140	203	182	144
Other Current Liabilities	63	60	57	56	56	55	53
Total Noncurrent Liabilities	1,922	1,667	1,932	1,912	1,879	1,877	1,873
Long-Term Debt	1,073	868	1,143	1,143	1,142	1,141	1,140
Noncurrent Deferred & Payable Income Tax Liabilities	537	502	502	493	476	476	476
Noncurrent Employee Benefit Liabilities	28	29	28	28	30	31	30
Other Noncurrent Operating Liabilities	283	268	259	249	232	229	227
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	7,114	7,361	7,633	7,943	7,735	7,626	7,354
Total Preferred & Common Equity	7,102	7,351	7,623	7,932	7,724	7,616	7,346
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	7,102	7,351	7,623	7,932	7,724	7,616	7,346
Common Stock	0.10	0.10	0.10	0.10	0.10	0.10	0.10
Retained Earnings	7,215	7,434	7,724	8,026	7,824	7,702	7,432
Accumulated Other Comprehensive Income / (Loss)	-113	-83	-102	-93	-99	-87	-87
Noncontrolling Interest	12	11	10	10	11	9.90	8.70

This table displays calculated financial ratios and metrics derived from Reliance's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-6.56%	-13.03%	20.80%	59.93%	-19.70%	-4.86%	18.66%	12.86%	-7.88%	-10.54%
EBITDA Growth	-28.49%	-25.86%	25.59%	183.19%	-37.71%	7.08%	31.49%	19.07%	-3.37%	-9.56%
EBIT Growth	-33.73%	-28.56%	28.11%	259.60%	-46.65%	8.27%	42.44%	28.01%	-5.38%	-13.56%
NOPAT Growth	-33.28%	-29.60%	29.68%	232.92%	-42.78%	8.87%	0.39%	88.95%	-1.61%	-10.88%
Net Income Growth	-34.48%	-27.33%	30.11%	280.61%	-47.26%	10.02%	3.35%	100.91%	-2.25%	-15.97%
EPS Growth	-31.27%	-24.33%	36.19%	288.16%	-45.26%	18.17%	4.92%	100.48%	0.00%	-12.05%
Operating Cash Flow Growth	-14.45%	-21.11%	165.02%	-31.85%	-9.87%	95.83%	66.57%	-36.31%	-38.88%	187.92%
Free Cash Flow Firm Growth	-43.18%	-37.12%	1,499.20%	-88.75%	9.82%	124.61%	64.17%	57.41%	-83.49%	34,431.31%
Invested Capital Growth	3.34%	2.97%	1.75%	22.29%	-8.21%	-1.88%	4.78%	7.71%	3.79%	-8.80%
Revenue Q/Q Growth	-1.50%	-1.81%	0.00%	15.15%	-3.44%	-3.23%	3.94%	3.35%	0.41%	-5.56%
EBITDA Q/Q Growth	-11.70%	-5.48%	0.00%	21.35%	-5.42%	7.06%	0.61%	2.54%	0.38%	-3.25%
EBIT Q/Q Growth	-14.47%	-6.26%	0.00%	24.37%	-7.58%	8.41%	0.84%	3.59%	0.27%	-4.28%
NOPAT Q/Q Growth	-14.76%	-6.33%	0.00%	24.69%	-7.27%	10.44%	-24.94%	63.10%	-2.89%	-3.65%
Net Income Q/Q Growth	-16.01%	-5.49%	0.00%	25.92%	-8.77%	12.60%	-25.22%	63.38%	-1.90%	-7.27%
EPS Q/Q Growth	-14.69%	-5.27%	0.00%	26.70%	-7.52%	13.01%	-24.50%	64.50%	-3.26%	-5.02%
Operating Cash Flow Q/Q Growth	-3.53%	-14.49%	0.00%	25.73%	-9.08%	-6.06%	53.13%	-8.74%	-10.02%	12.70%
Free Cash Flow Firm Q/Q Growth	-0.19%	117.22%	-74.22%	-72.33%	5.39%	-20.40%	94.42%	-17.95%	-29.80%	21.99%
Invested Capital Q/Q Growth	-3.11%	-1.33%	0.00%	8.21%	-0.26%	1.06%	-3.34%	3.13%	-2.13%	-3.10%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	29.68%	30.71%	30.84%	31.86%	31.49%	30.34%	28.45%	28.68%	30.07%	27.24%
EBITDA Margin	10.47%	13.69%	16.05%	15.44%	8.72%	11.24%	9.99%	9.01%	8.54%	8.14%
Operating Margin	8.38%	11.75%	14.72%	13.83%	6.42%	9.24%	8.13%	6.81%	6.01%	5.88%
EBIT Margin	8.53%	12.03%	14.64%	13.81%	6.14%	9.24%	8.12%	6.77%	5.97%	5.81%
Profit (Net Income) Margin	6.35%	9.05%	10.83%	10.06%	4.23%	6.43%	5.56%	6.39%	3.59%	3.38%
Tax Burden Percent	77.02%	76.99%	75.88%	75.27%	77.88%	75.98%	75.45%	106.37%	72.02%	68.93%
Interest Burden Percent	96.59%	97.75%	97.50%	96.78%	88.38%	91.62%	90.80%	88.76%	83.53%	84.48%
Effective Tax Rate	22.98%	23.01%	24.12%	24.73%	22.12%	24.02%	24.55%	-6.37%	27.98%	31.07%
Return on Invested Capital (ROIC)	11.27%	17.43%	25.35%	21.69%	6.93%	11.51%	10.72%	11.34%	6.35%	6.27%
ROIC Less NNEP Spread (ROIC-NNEP)	7.78%	17.78%	18.97%	17.40%	1.19%	7.84%	7.29%	6.63%	2.83%	3.15%
Return on Net Nonoperating Assets (RNNOA)	0.46%	0.64%	2.62%	3.58%	0.27%	2.77%	2.97%	2.65%	1.27%	1.57%
Return on Equity (ROE)	11.74%	18.07%	27.96%	25.27%	7.21%	14.27%	13.69%	13.99%	7.61%	7.84%
Cash Return on Invested Capital (CROIC)	7.99%	14.51%	23.62%	1.64%	15.49%	13.40%	6.05%	3.91%	2.63%	15.48%
Operating Return on Assets (OROA)	11.51%	17.11%	25.10%	22.06%	6.66%	12.54%	11.86%	8.68%	7.07%	7.27%
Return on Assets (ROA)	8.57%	12.88%	18.57%	16.07%	4.59%	8.73%	8.13%	8.19%	4.25%	4.23%
Return on Common Equity (ROCE)	11.72%	18.05%	27.93%	25.24%	7.20%	14.25%	13.63%	13.89%	7.56%	7.78%
Return on Equity Simple (ROE_SIMPLE)	12.16%	17.35%	26.02%	23.29%	7.28%	13.56%	13.74%	13.31%	7.45%	8.08%
Net Operating Profit after Tax (NOPAT)	893	1,339	1,902	1,467	441	770	707	705	373	379
NOPAT Margin	6.46%	9.04%	11.17%	10.41%	5.00%	7.02%	6.13%	7.25%	4.33%	4.05%
Net Nonoperating Expense Percent (NNEP)	3.49%	-0.34%	6.38%	4.29%	5.74%	3.67%	3.43%	4.71%	3.51%	3.12%
Return On Investment Capital (ROIC_SIMPLE)	10.67%	15.09%	21.76%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	70.32%	69.29%	69.16%	68.14%	68.51%	69.66%	71.55%	71.32%	69.93%	72.76%
SG&A Expenses to Revenue	19.27%	17.31%	14.71%	16.37%	21.27%	19.09%	18.14%	19.57%	20.88%	18.45%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	21.30%	18.96%	16.12%	18.03%	25.07%	21.10%	20.32%	21.86%	24.06%	21.36%
Earnings before Interest and Taxes (EBIT)	1,180	1,781	2,493	1,946	541	1,014	937	658	514	543
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,449	2,026	2,733	2,176	768	1,234	1,152	876	736	762
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.02	2.05	1.67	1.60	1.40	1.41	0.96	1.17	1.19	0.89
Price to Tangible Book Value (P/TBV)	3.60	3.42	2.99	3.35	3.21	3.37	2.60	3.20	4.22	3.26
Price to Revenue (P/Rev)	1.05	1.07	0.70	0.69	0.81	0.67	0.39	0.56	0.57	0.37
Price to Earnings (P/E)	16.65	11.86	6.44	6.88	19.44	10.44	7.09	8.94	16.23	11.14
Dividend Yield	1.63%	1.45%	1.78%	1.77%	2.22%	2.00%	3.13%	2.39%	2.42%	3.30%
Earnings Yield	6.01%	8.43%	15.53%	14.53%	5.14%	9.58%	14.10%	11.19%	6.16%	8.98%
Enterprise Value to Invested Capital (EV/IC)	1.91	2.04	1.63	1.49	1.34	1.32	0.97	1.13	1.13	0.92
Enterprise Value to Revenue (EV/Rev)	1.11	1.08	0.72	0.79	0.92	0.80	0.57	0.75	0.79	0.57
Enterprise Value to EBITDA (EV/EBITDA)	10.63	7.86	4.51	5.09	10.60	7.09	5.71	8.29	9.21	6.99
Enterprise Value to EBIT (EV/EBIT)	13.06	8.94	4.95	5.69	15.05	8.62	7.02	11.04	13.19	9.80
Enterprise Value to NOPAT (EV/NOPAT)	17.24	11.88	6.48	7.55	18.49	11.36	9.30	10.31	18.17	14.04
Enterprise Value to Operating Cash Flow (EV/OCF)	10.78	9.52	5.82	13.85	6.94	6.72	9.90	18.20	10.81	5.19
Enterprise Value to Free Cash Flow (EV/FCFF)	24.33	14.28	6.96	99.93	8.27	9.75	16.48	29.86	43.85	5.69
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.16	0.15	0.23	0.27	0.32	0.30	0.47	0.40	0.46	0.49
Long-Term Debt to Equity	0.10	0.15	0.16	0.27	0.32	0.29	0.46	0.39	0.44	0.36
Financial Leverage	0.06	0.04	0.14	0.21	0.23	0.35	0.41	0.40	0.45	0.50
Leverage Ratio	1.37	1.40	1.51	1.57	1.57	1.64	1.68	1.71	1.79	1.85
Compound Leverage Factor	1.32	1.37	1.47	1.52	1.39	1.50	1.53	1.52	1.49	1.56
Debt to Total Capital	13.64%	12.87%	18.84%	21.28%	24.31%	23.35%	32.02%	28.80%	31.58%	32.85%
Short-Term Debt to Total Capital	4.77%	0.00%	5.81%	0.06%	0.09%	0.95%	0.95%	1.39%	1.35%	8.53%
Long-Term Debt to Total Capital	8.87%	12.87%	13.03%	21.21%	24.22%	22.40%	31.07%	27.41%	30.23%	24.32%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.13%	0.12%	0.10%	0.09%	0.11%	0.11%	0.11%	0.50%	0.50%	0.49%
Common Equity to Total Capital	86.22%	87.01%	81.06%	78.63%	75.59%	76.54%	67.87%	70.70%	67.92%	66.66%
Debt to EBITDA	0.79	0.56	0.60	0.76	2.14	1.29	1.91	2.17	2.62	2.53
Net Debt to EBITDA	0.57	0.03	0.17	0.62	1.25	1.15	1.80	1.99	2.46	2.40
Long-Term Debt to EBITDA	0.51	0.56	0.42	0.75	2.13	1.24	1.86	2.07	2.51	1.88
Debt to NOPAT	1.28	0.85	0.87	1.12	3.73	2.06	3.12	2.70	5.17	5.09
Net Debt to NOPAT	0.92	0.05	0.25	0.92	2.18	1.84	2.93	2.48	4.84	4.81
Long-Term Debt to NOPAT	0.83	0.85	0.60	1.12	3.72	1.98	3.02	2.57	4.95	3.77
Altman Z-Score	6.25	6.92	6.02	5.14	4.02	4.51	3.81	3.72	3.33	3.17
Noncontrolling Interest Sharing Ratio	0.14%	0.13%	0.12%	0.13%	0.14%	0.16%	0.43%	0.71%	0.73%	0.71%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.21	5.66	3.55	3.91	5.08	4.46	4.70	4.34	4.10	2.58
Quick Ratio	1.37	3.03	1.99	1.86	2.63	1.84	1.96	1.76	1.65	1.03
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	633	1,114	1,772	111	985	897	399	243	155	936
Operating Cash Flow to CapEx	335.71%	365.15%	640.25%	398.50%	709.62%	555.72%	315.42%	297.76%	429.11%	621.97%
Free Cash Flow to Firm to Interest Expense	15.71	27.79	28.45	1.77	15.66	10.55	4.63	3.29	1.83	11.10
Operating Cash Flow to Interest Expense	35.48	41.68	34.01	12.75	18.65	15.31	7.71	5.40	7.41	12.16
Operating Cash Flow Less CapEx to Interest Expense	24.91	30.26	28.70	9.55	16.02	12.56	5.27	3.59	5.68	10.20
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.35	1.42	1.71	1.60	1.09	1.36	1.46	1.28	1.19	1.25
Accounts Receivable Turnover	9.83	9.75	10.48	10.80	8.84	9.50	9.90	9.50	9.18	9.07
Inventory Turnover	4.78	5.08	5.80	5.51	3.94	4.42	4.66	4.26	4.06	4.27
Fixed Asset Turnover	5.77	7.01	8.93	7.77	4.91	6.23	6.81	5.86	5.22	5.68
Accounts Payable Turnover	25.20	24.94	27.18	26.93	22.60	24.91	24.08	21.37	21.93	25.51
Days Sales Outstanding (DSO)	37.13	37.45	34.82	33.79	41.30	38.42	36.86	38.44	39.77	40.23
Days Inventory Outstanding (DIO)	76.35	71.84	62.94	66.24	92.69	82.67	78.35	85.77	89.95	85.52
Days Payable Outstanding (DPO)	14.49	14.64	13.43	13.55	16.15	14.65	15.16	17.08	16.64	14.31
Cash Conversion Cycle (CCC)	98.99	94.66	84.33	86.47	117.84	106.43	100.05	107.13	113.07	111.44
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	8,055	7,795	7,570	7,440	6,084	6,628	6,755	6,447	5,986	5,767
Invested Capital Turnover	1.75	1.93	2.27	2.08	1.39	1.64	1.75	1.56	1.47	1.55
Increase / (Decrease) in Invested Capital	260	225	130	1,356	-544	-127	308	461	218	-557
Enterprise Value (EV)	15,408	15,916	12,330	11,076	8,145	8,747	6,578	7,262	6,775	5,323
Market Capitalization	14,572	15,843	11,848	9,722	7,177	7,326	4,495	5,483	4,938	3,470
Book Value per Share	$133.40	$134.37	$117.03	$97.14	$80.23	$78.11	$66.33	$64.01	$57.17	$54.63
Tangible Book Value per Share	$74.84	$80.56	$65.42	$46.30	$35.03	$32.58	$24.55	$23.48	$16.13	$14.85
Total Capital	8,373	8,875	8,744	7,741	6,768	6,803	6,883	6,601	6,108	5,871
Total Debt	1,143	1,142	1,648	1,647	1,645	1,589	2,204	1,901	1,929	1,929
Total Long-Term Debt	743	1,142	1,139	1,642	1,639	1,524	2,139	1,809	1,847	1,428
Net Debt	824	62	474	1,347	961	1,414	2,076	1,747	1,806	1,824
Capital Expenditures (CapEx)	426	458	331	201	165	234	211	134	146	165
Debt-free, Cash-free Net Working Capital (DFCFNWC)	2,764	2,848	2,846	2,800	1,822	2,226	2,523	2,285	1,992	1,961
Debt-free Net Working Capital (DFNWC)	3,082	3,929	4,020	3,100	2,506	2,400	2,651	2,440	2,115	2,065
Net Working Capital (NWC)	2,683	3,928	3,511	3,095	2,500	2,335	2,586	2,348	2,033	1,565
Net Nonoperating Expense (NNE)	15	-0.92	58	50	68	64	66	84	64	63
Net Nonoperating Obligations (NNO)	824	62	474	1,347	961	1,414	2,076	1,747	1,806	1,824
Total Depreciation and Amortization (D&A)	269	245	240	230	227	219	215	218	222	219
Debt-free, Cash-free Net Working Capital to Revenue	19.98%	19.24%	16.72%	19.86%	20.68%	20.28%	21.87%	23.51%	23.13%	20.97%
Debt-free Net Working Capital to Revenue	22.28%	26.53%	23.61%	22.00%	28.44%	21.87%	22.98%	25.10%	24.55%	22.09%
Net Working Capital to Revenue	19.39%	26.53%	20.62%	21.96%	28.37%	21.28%	22.42%	24.15%	23.60%	16.73%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$15.70	$22.90	$30.39	$22.35	$5.74	$10.49	$8.85	$8.42	$4.21	$4.20
Adjusted Weighted Average Basic Shares Outstanding	55.75M	58.33M	60.56M	63.22M	64.33M	66.89M	67.08M	72.83M	72.86M	71.87M
Adjusted Diluted Earnings per Share	$15.56	$22.64	$29.92	$21.97	$5.66	$10.34	$8.75	$8.34	$4.16	$4.16
Adjusted Weighted Average Diluted Shares Outstanding	56.25M	59.02M	61.50M	64.33M	65.26M	67.86M	67.08M	72.83M	72.86M	71.87M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	52.97M	57.43M	58.98M	61.70M	63.60M	66.86M	67.08M	72.83M	72.86M	71.87M
Normalized Net Operating Profit after Tax (NOPAT)	902	1,339	1,902	1,470	525	771	735	467	411	416
Normalized NOPAT Margin	6.52%	9.04%	11.17%	10.43%	5.95%	7.03%	6.37%	4.80%	4.77%	4.45%
Pre Tax Income Margin	8.24%	11.76%	14.28%	13.36%	5.43%	8.47%	7.37%	6.01%	4.98%	4.91%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	29.29	44.41	40.01	31.03	8.60	11.93	10.87	8.90	6.07	6.44
NOPAT to Interest Expense	22.17	33.40	30.53	23.40	7.01	9.06	8.21	9.53	4.41	4.50
EBIT Less CapEx to Interest Expense	18.72	33.00	34.70	27.83	5.97	9.18	8.42	7.09	4.35	4.49
NOPAT Less CapEx to Interest Expense	11.60	21.98	25.22	20.20	4.38	6.30	5.76	7.72	2.68	2.54
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	28.44%	17.77%	11.77%	12.49%	44.07%	21.43%	22.64%	21.26%	38.95%	37.98%
Augmented Payout Ratio	153.01%	53.55%	45.95%	35.31%	134.64%	28.51%	98.19%	25.28%	38.95%	150.41%

This table displays calculated financial ratios and metrics derived from Reliance's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-4.39%	-6.31%	-5.59%	-6.11%	-8.08%	-7.57%	-14.70%	-17.11%	-11.60%	0.00%	0.00%
EBITDA Growth	-27.03%	-47.27%	-25.97%	-26.73%	-19.12%	-22.45%	-23.62%	-30.58%	-24.80%	0.00%	-0.81%
EBIT Growth	-32.52%	-58.18%	-31.76%	-30.96%	-21.85%	-25.75%	-26.30%	-33.10%	-27.13%	0.00%	-1.57%
NOPAT Growth	-30.44%	-57.78%	-29.39%	-30.20%	-22.36%	-25.46%	-28.02%	-34.77%	-27.94%	0.00%	1.22%
Net Income Growth	-34.00%	-61.23%	-32.47%	-30.55%	-20.97%	-22.17%	-24.95%	-32.69%	-26.73%	0.00%	0.00%
EPS Growth	-28.49%	-56.66%	-27.66%	-28.04%	-18.66%	-21.04%	-22.64%	-29.07%	-22.81%	0.00%	0.00%
Operating Cash Flow Growth	-48.93%	-9.95%	-0.45%	24.13%	-67.16%	-35.01%	-26.70%	9.22%	-4.80%	0.00%	347.05%
Free Cash Flow Firm Growth	131.70%	-451.67%	97.32%	-146.46%	-147.82%	-81.58%	-204.31%	151.67%	139.28%	116.80%	2,079.92%
Invested Capital Growth	1.94%	3.34%	5.24%	5.98%	6.04%	2.97%	0.00%	-0.70%	0.63%	1.75%	-100.00%
Revenue Q/Q Growth	11.45%	-8.59%	-6.12%	-0.04%	9.21%	-7.89%	-6.63%	-2.14%	9.82%	-14.98%	-9.27%
EBITDA Q/Q Growth	60.02%	-36.90%	-20.35%	-9.27%	15.64%	-11.41%	-21.17%	0.16%	10.89%	-12.75%	-28.36%
EBIT Q/Q Growth	90.87%	-47.13%	-24.49%	-11.46%	18.30%	-13.73%	-23.61%	0.23%	12.40%	-14.36%	-30.66%
NOPAT Q/Q Growth	86.22%	-46.33%	-22.25%	-10.48%	13.03%	-10.25%	-23.14%	-0.43%	8.53%	-13.34%	-30.34%
Net Income Q/Q Growth	89.15%	-46.97%	-25.49%	-11.69%	11.12%	-7.64%	-23.38%	0.49%	9.42%	-10.93%	-31.28%
EPS Q/Q Growth	82.44%	-43.21%	-22.70%	-10.71%	10.57%	-5.21%	-23.11%	0.93%	7.35%	-7.13%	-29.51%
Operating Cash Flow Q/Q Growth	-86.37%	2.03%	26.64%	190.02%	-75.97%	12.79%	57.91%	-23.27%	-52.44%	27.21%	135.27%
Free Cash Flow Firm Q/Q Growth	134.94%	27.61%	0.81%	-26.36%	-487.57%	100.55%	-1,818.20%	30.09%	49.29%	-96.87%	951.12%
Invested Capital Q/Q Growth	3.15%	-3.11%	-1.33%	3.38%	4.57%	-1.33%	-0.63%	3.43%	1.54%	0.00%	-100.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	29.65%	28.34%	29.42%	29.81%	30.95%	30.61%	29.73%	31.51%	30.92%	31.29%	29.17%
EBITDA Margin	9.83%	6.85%	9.92%	11.69%	12.88%	12.17%	12.65%	14.98%	14.64%	14.50%	14.13%
Operating Margin	7.87%	4.54%	7.99%	9.65%	10.79%	9.74%	10.75%	13.18%	12.95%	12.60%	12.91%
EBIT Margin	7.86%	4.59%	7.94%	9.86%	11.14%	10.28%	10.98%	13.42%	13.10%	12.80%	12.70%
Profit (Net Income) Margin	5.75%	3.39%	5.84%	7.36%	8.34%	8.19%	8.17%	9.96%	9.69%	9.73%	9.29%
Tax Burden Percent	76.41%	79.40%	76.74%	76.72%	76.68%	82.03%	76.29%	75.61%	75.59%	78.66%	75.27%
Interest Burden Percent	95.80%	93.03%	95.98%	97.30%	97.61%	97.14%	97.56%	98.14%	97.90%	96.65%	97.11%
Effective Tax Rate	23.59%	20.60%	23.26%	23.28%	23.32%	17.97%	23.71%	24.39%	24.41%	21.34%	24.73%
Return on Invested Capital (ROIC)	10.00%	6.29%	10.63%	12.89%	15.13%	15.40%	31.31%	19.61%	21.09%	22.48%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	8.69%	4.80%	8.86%	12.61%	16.01%	17.91%	29.92%	19.57%	20.55%	21.77%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.81%	0.28%	0.66%	0.92%	0.57%	0.65%	0.64%	1.98%	2.12%	3.00%	0.00%
Return on Equity (ROE)	10.81%	6.57%	11.28%	13.81%	15.69%	16.05%	31.95%	21.59%	23.21%	25.48%	0.00%
Cash Return on Invested Capital (CROIC)	7.82%	7.99%	7.83%	8.06%	9.95%	14.51%	-163.81%	20.07%	22.23%	23.62%	200.00%
Operating Return on Assets (OROA)	10.20%	6.19%	10.72%	13.46%	15.43%	14.63%	31.55%	20.22%	21.28%	21.94%	0.00%
Return on Assets (ROA)	7.47%	4.58%	7.90%	10.05%	11.55%	11.66%	23.48%	15.00%	15.75%	16.68%	0.00%
Return on Common Equity (ROCE)	10.79%	6.56%	11.27%	13.79%	15.67%	16.03%	31.90%	21.57%	23.18%	25.45%	0.00%
Return on Equity Simple (ROE_SIMPLE)	10.91%	0.00%	14.22%	14.97%	15.88%	0.00%	18.36%	19.91%	23.20%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	210	113	210	270	301	267	297	387	388	358	413
NOPAT Margin	6.02%	3.60%	6.13%	7.41%	8.27%	7.99%	8.20%	9.96%	9.79%	9.91%	9.72%
Net Nonoperating Expense Percent (NNEP)	1.31%	1.49%	1.77%	0.27%	-0.88%	-2.51%	1.39%	0.04%	0.54%	0.71%	3.66%
Return On Investment Capital (ROIC_SIMPLE)	2.44%	1.34%	-	-	-	3.00%	-	-	-	4.09%	-
Cost of Revenue to Revenue	70.35%	71.66%	70.58%	70.19%	69.05%	69.39%	70.27%	68.49%	69.08%	68.71%	70.83%
SG&A Expenses to Revenue	19.81%	21.17%	19.44%	18.33%	18.42%	18.99%	17.30%	16.77%	16.43%	16.99%	14.84%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	21.78%	23.81%	21.43%	20.15%	20.17%	20.87%	18.98%	18.33%	17.97%	18.69%	16.26%
Earnings before Interest and Taxes (EBIT)	274	144	271	359	406	343	398	521	519	462	540
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	343	214	339	426	470	406	458	581	581	524	600
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.15	2.02	2.16	2.14	2.40	2.05	1.96	2.06	2.02	1.67	0.00
Price to Tangible Book Value (P/TBV)	3.88	3.60	3.84	3.70	3.95	3.42	3.27	3.48	3.50	2.99	0.00
Price to Revenue (P/Rev)	1.12	1.05	1.13	1.15	1.31	1.07	1.00	1.00	0.90	0.70	0.00
Price to Earnings (P/E)	19.81	16.65	15.26	14.35	15.17	11.86	10.70	10.37	8.71	6.44	0.00
Dividend Yield	1.56%	1.63%	1.49%	1.48%	1.24%	1.45%	1.50%	1.41%	1.44%	1.78%	1.96%
Earnings Yield	5.05%	6.01%	6.55%	6.97%	6.59%	8.43%	9.34%	9.64%	11.48%	15.53%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.99	1.91	2.03	2.03	2.36	2.04	1.94	2.01	1.97	1.63	0.00
Enterprise Value to Revenue (EV/Rev)	1.21	1.11	1.20	1.20	1.33	1.08	1.02	1.02	0.92	0.72	0.00
Enterprise Value to EBITDA (EV/EBITDA)	12.48	10.63	10.28	9.74	10.06	7.86	7.14	7.01	5.96	4.51	0.00
Enterprise Value to EBIT (EV/EBIT)	15.74	13.06	12.23	11.38	11.55	8.94	8.06	7.84	6.59	4.95	0.00
Enterprise Value to NOPAT (EV/NOPAT)	20.58	17.24	16.10	15.10	15.38	11.88	10.71	10.36	8.65	6.48	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	12.06	10.78	11.39	11.55	13.63	9.52	7.83	7.54	7.22	5.82	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	25.64	24.33	26.59	25.97	24.44	14.28	0.00	10.00	8.89	6.96	1.48
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.21	0.16	0.17	0.15	0.14	0.15	0.15	0.15	0.16	0.23	0.00
Long-Term Debt to Equity	0.15	0.10	0.12	0.15	0.14	0.15	0.15	0.15	0.16	0.16	0.00
Financial Leverage	0.09	0.06	0.07	0.07	0.04	0.04	0.02	0.10	0.10	0.14	0.17
Leverage Ratio	1.40	1.37	1.38	1.37	1.37	1.40	1.36	1.44	1.46	1.51	1.58
Compound Leverage Factor	1.34	1.27	1.32	1.33	1.33	1.36	1.32	1.41	1.43	1.46	1.53
Debt to Total Capital	17.15%	13.64%	14.69%	13.03%	12.58%	12.87%	12.86%	13.02%	13.51%	18.84%	0.00%
Short-Term Debt to Total Capital	4.66%	4.77%	4.63%	0.00%	0.00%	0.00%	0.00%	0.00%	0.10%	5.81%	0.00%
Long-Term Debt to Total Capital	12.50%	8.87%	10.06%	13.03%	12.58%	12.87%	12.86%	13.01%	13.41%	13.03%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.14%	0.13%	0.12%	0.11%	0.11%	0.12%	0.12%	0.11%	0.10%	0.10%	0.00%
Common Equity to Total Capital	82.71%	86.22%	85.19%	86.86%	87.31%	87.01%	87.01%	86.87%	86.39%	81.06%	0.00%
Debt to EBITDA	1.11	0.79	0.77	0.65	0.60	0.56	0.53	0.50	0.45	0.60	0.00
Net Debt to EBITDA	0.90	0.57	0.58	0.45	0.11	0.03	0.08	0.14	0.13	0.17	0.00
Long-Term Debt to EBITDA	0.81	0.51	0.53	0.65	0.60	0.56	0.53	0.50	0.45	0.42	0.00
Debt to NOPAT	1.84	1.28	1.21	1.01	0.91	0.85	0.80	0.74	0.66	0.87	0.00
Net Debt to NOPAT	1.49	0.92	0.91	0.70	0.17	0.05	0.12	0.21	0.19	0.25	0.00
Long-Term Debt to NOPAT	1.34	0.83	0.83	1.01	0.91	0.85	0.80	0.74	0.65	0.60	0.00
Altman Z-Score	5.54	5.91	6.05	6.40	7.11	6.47	6.35	6.49	6.36	5.37	0.00
Noncontrolling Interest Sharing Ratio	0.15%	0.14%	0.14%	0.13%	0.12%	0.13%	0.14%	0.13%	0.12%	0.12%	0.12%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.17	3.21	3.31	5.02	5.74	5.66	5.53	5.18	4.83	3.55	0.00
Quick Ratio	1.47	1.37	1.48	2.27	3.06	3.03	3.01	2.72	2.68	1.99	0.00
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	52	-148	-204	-206	-163	42	-7,603	443	340	228	7,289
Operating Cash Flow to CapEx	74.22%	426.78%	411.26%	373.01%	116.19%	476.95%	371.31%	226.65%	373.76%	888.68%	669.86%
Free Cash Flow to Firm to Interest Expense	4.48	-14.76	-18.71	-21.19	-16.77	4.28	-783.82	45.62	31.21	14.70	467.22
Operating Cash Flow to Interest Expense	5.61	47.33	42.56	37.76	13.02	53.63	48.04	30.42	35.28	52.17	40.75
Operating Cash Flow Less CapEx to Interest Expense	-1.95	36.24	32.21	27.64	1.81	42.39	35.10	17.00	25.84	46.30	34.67
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.30	1.35	1.35	1.36	1.39	1.42	2.87	1.51	1.62	1.71	0.00
Accounts Receivable Turnover	8.15	9.83	8.69	8.43	8.31	9.75	0.00	8.30	8.51	10.48	0.00
Inventory Turnover	4.51	4.78	4.54	4.42	4.84	5.08	0.00	4.78	5.72	5.80	0.00
Fixed Asset Turnover	5.60	5.77	5.99	6.26	6.68	7.01	0.00	7.84	8.52	8.93	0.00
Accounts Payable Turnover	19.91	25.20	22.12	20.74	20.18	24.94	0.00	18.71	19.33	27.18	0.00
Days Sales Outstanding (DSO)	44.81	37.13	42.01	43.30	43.92	37.45	0.00	43.97	42.89	34.82	0.00
Days Inventory Outstanding (DIO)	80.86	76.35	80.35	82.49	75.44	71.84	0.00	76.35	63.82	62.94	0.00
Days Payable Outstanding (DPO)	18.33	14.49	16.50	17.60	18.09	14.64	0.00	19.51	18.89	13.43	0.00
Cash Conversion Cycle (CCC)	107.34	98.99	105.85	108.19	101.27	94.66	0.00	100.81	87.83	84.33	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	8,309	8,055	8,314	8,426	8,151	7,795	7,900	7,950	7,687	7,570	0.00
Invested Capital Turnover	1.66	1.75	1.73	1.74	1.83	1.93	3.82	1.97	2.15	2.27	0.00
Increase / (Decrease) in Invested Capital	158	260	414	475	464	225	7,900	-56	48	130	-6,876
Enterprise Value (EV)	16,503	15,408	16,874	17,140	19,265	15,916	15,308	16,015	15,147	12,330	10,199
Market Capitalization	15,296	14,572	15,911	16,337	19,046	15,843	15,132	15,680	14,806	11,848	10,199
Book Value per Share	$134.07	$133.40	$133.61	$132.74	$138.13	$134.37	$131.91	$129.53	$124.55	$117.03	$0.00
Tangible Book Value per Share	$74.36	$74.84	$75.40	$76.96	$83.95	$80.56	$78.99	$76.59	$71.75	$65.42	$0.00
Total Capital	8,587	8,373	8,629	8,777	9,086	8,875	8,877	8,767	8,503	8,744	0.00
Total Debt	1,473	1,143	1,267	1,144	1,143	1,142	1,142	1,141	1,148	1,648	0.00
Total Long-Term Debt	1,073	743	868	1,143	1,143	1,142	1,142	1,141	1,140	1,139	0.00
Net Debt	1,195	824	953	793	208	62	165	325	332	474	0.00
Capital Expenditures (CapEx)	87	111	113	98	109	110	126	130	103	91	95
Debt-free, Cash-free Net Working Capital (DFCFNWC)	3,003	2,764	3,025	3,199	3,131	2,848	3,004	3,105	2,929	2,846	0.00
Debt-free Net Working Capital (DFNWC)	3,281	3,082	3,340	3,549	4,066	3,929	3,981	3,921	3,745	4,020	0.00
Net Working Capital (NWC)	2,881	2,683	2,940	3,549	4,066	3,928	3,980	3,921	3,737	3,511	0.00
Net Nonoperating Expense (NNE)	9.17	6.59	9.90	1.53	-2.38	-6.73	1.14	0.30	3.86	6.45	18
Net Nonoperating Obligations (NNO)	1,195	824	953	793	208	62	165	325	332	474	0.00
Total Depreciation and Amortization (D&A)	69	71	68	67	64	63	61	61	61	61	60
Debt-free, Cash-free Net Working Capital to Revenue	21.96%	19.98%	21.54%	22.45%	21.62%	19.24%	19.92%	19.77%	17.74%	16.72%	0.00%
Debt-free Net Working Capital to Revenue	23.99%	22.28%	23.78%	24.91%	28.07%	26.53%	26.40%	24.97%	22.69%	23.61%	0.00%
Net Working Capital to Revenue	21.07%	19.39%	20.93%	24.91%	28.07%	26.53%	26.40%	24.97%	22.64%	20.62%	0.00%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.76	$2.07	$3.64	$4.71	$5.28	$4.78	$5.05	$6.56	$6.51	$6.09	$0.00
Adjusted Weighted Average Basic Shares Outstanding	53.08M	55.75M	54.69M	56.88M	57.34M	58.33M	58.43M	58.69M	58.83M	60.56M	0.00
Adjusted Diluted Earnings per Share	$3.74	$2.05	$3.61	$4.67	$5.23	$4.73	$4.99	$6.49	$6.43	$5.99	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	53.40M	56.25M	55.18M	57.39M	57.88M	59.02M	59.12M	59.35M	59.53M	61.50M	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	52.59M	52.97M	54.12M	55.02M	57.43M	57.43M	57.47M	58.56M	58.79M	58.98M	0.00
Normalized Net Operating Profit after Tax (NOPAT)	210	113	210	270	301	267	297	387	388	358	413
Normalized NOPAT Margin	6.02%	3.60%	6.13%	7.41%	8.27%	7.99%	8.20%	9.96%	9.79%	9.91%	9.72%
Pre Tax Income Margin	7.53%	4.27%	7.62%	9.60%	10.87%	9.99%	10.71%	13.17%	12.82%	12.37%	12.34%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	23.82	14.35	24.90	37.05	41.85	35.01	41.00	53.67	47.65	29.81	34.59
NOPAT to Interest Expense	18.23	11.26	19.25	27.82	31.07	27.21	30.63	39.86	35.62	23.08	26.46
EBIT Less CapEx to Interest Expense	16.26	3.26	14.55	26.93	30.64	23.77	28.06	40.25	38.21	23.94	28.51
NOPAT Less CapEx to Interest Expense	10.68	0.17	8.90	17.69	19.87	15.97	17.70	26.43	26.18	17.21	20.38
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	32.22%	28.44%	23.66%	21.50%	19.17%	17.77%	16.42%	14.98%	13.05%	11.77%	0.00%
Augmented Payout Ratio	206.08%	153.01%	137.64%	99.12%	54.15%	53.55%	39.12%	50.07%	51.32%	45.95%	0.00%

Frequently Asked Questions About Reliance's Financials

When does Reliance's fiscal year end?

According to the most recent income statement we have on file, Reliance's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Reliance's net income changed over the last 9 years?

Reliance's net income appears to be on an upward trend, with a most recent value of $878 million in 2024, rising from $316.20 million in 2015. The previous period was $1.34 billion in 2023. View Reliance's forecast to see where analysts expect Reliance to go next.

What is Reliance's operating income?

Reliance's total operating income in 2024 was $1.16 billion, based on the following breakdown:

Total Gross Profit: $4.11 billion
Total Operating Expenses: $2.95 billion

How has Reliance revenue changed over the last 9 years?

Over the last 9 years, Reliance's total revenue changed from $9.35 billion in 2015 to $13.84 billion in 2024, a change of 48.0%.

How much debt does Reliance have?

Reliance's total liabilities were at $2.79 billion at the end of 2024, a 1.6% increase from 2023, and a 12.2% decrease since 2015.

How much cash does Reliance have?

In the past 9 years, Reliance's cash and equivalents has ranged from $104.30 million in 2015 to $1.17 billion in 2022, and is currently $318.10 million as of their latest financial filing in 2024.

How has Reliance's book value per share changed over the last 9 years?

Over the last 9 years, Reliance's book value per share changed from 54.63 in 2015 to 133.40 in 2024, a change of 144.2%.

Related Companies

This page (NYSE:RS) was last updated on 5/21/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Reliance (RS) Financials

Frequently Asked Questions About Reliance's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Reliance (RS) Financials

Annual Income Statements for Reliance

Quarterly Income Statements for Reliance

Annual Cash Flow Statements for Reliance

Quarterly Cash Flow Statements for Reliance

Annual Balance Sheets for Reliance

Quarterly Balance Sheets for Reliance

Annual Metrics And Ratios for Reliance

Quarterly Metrics And Ratios for Reliance

Frequently Asked Questions About Reliance's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools