Monday 2 November 2026 Export RS’s income statement to Excel — free account

Reliance, Inc.

Reliance, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $14.3 billion, up 3.32% from fiscal 2024.

Revenue: +42.8%
EPS: +118.8%
Free cash flow: −45.4%
Total debt: +18.6%

Quarter to September 2026, against a year earlier

Dividend growth 25 yrs

448.33 11.42 +2.61%

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Market cap: $22.3B
P/E: 20.8×
Fwd P/E: 16.3×
Dividend yield: 1.38%
F-score: 6/9
Altman Z: 5.91
Beneish M: −2.45
Dividend safety: 90/100

Overview Business Profile Segments Filings

Reliance, Inc. (RS) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Metals Service Centers	14,294	100.00%
Gross margin		28.74%
Operating margin		7.08%
Pre-tax margin		6.78%

Revenue by product or service $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Carbon steel	7,903 55.29%	7,576 54.76%	8,072 54.52%	9,488 55.73%	8,532 60.54%	4,647 52.74%	5,793 52.79%	6,286 54.50%
Aluminum	2,472 17.29%	2,294 16.58%	2,456 16.59%	2,659 15.62%	2,051 14.55%	1,688 19.15%	2,152 19.61%	2,211 19.17%
Stainless steel	1,949 13.64%	2,069 14.95%	2,337 15.78%	2,877 16.90%	2,267 16.09%	1,436 16.29%	1,578 14.38%	1,636 14.18%
Toll processing and logistics	647 4.53%	624 4.51%	611 4.12%	554 3.26%	471 3.34%	388 4.40%	451 4.11%	415 3.60%
Alloy	641 4.48%	638 4.61%	705 4.76%	741 4.35%	548 3.88%	437 4.95%	652 5.94%	681 5.90%
Copper and brass	377 2.64%	311 2.25%	305 2.06%	337 1.98%	112 0.80%	51 0.57%	—	—
Miscellaneous and eliminations	306 2.14%	324 2.34%	321 2.17%	369 2.17%	113 0.80%	167 1.89%	348 3.17%	306 2.65%
Revenue	14,294	13,835	14,806	17,025	14,093	8,812	10,974	11,535

Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022
Metals Service Centers	14,294 100.00%	13,835 100.00%	14,806 100.00%	17,025 100.00%
Revenue	14,294	13,835	14,806	17,025

Revenue by region $m

Line	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
United States	13,787 93.12%	15,979 93.85%	13,372 94.88%	8,181 92.84%	10,099 92.03%	10,638 92.23%	8,847 91.01%	7,867 91.34%	8,618 92.16%	9,801 93.78%	8,682 94.13%	7,861 93.12%	7,647 94.01%	6,024 95.42%	5,122 96.32%
Non-US	1,019 6.88%	1,046 6.15%	722 5.12%	631 7.16%	875 7.97%	896 7.77%	874 8.99%	746 8.66%	733 7.84%	651 6.22%	542 5.87%	581 6.88%	487 5.99%	289 4.58%	196 3.68%
Revenue	14,806	17,025	14,093	8,812	10,974	11,535	9,721	8,613	9,351	10,452	9,224	8,442	8,135	6,313	5,318

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Alloy tons sold	Q3 FY2026	30.2K	29.7K	+1.68%
Aluminum tons sold	Q3 FY2026	85.5K	80.4K	+6.34%
Average selling price per ton sold	Q3 FY2026	$2,815.00	$2,271.00	+23.95%
Average selling price per ton sold (same-store)	Q4 FY2025	$2,317.00	$2,198.00	+5.41%
Carbon steel tons sold	Q3 FY2026	1.6M	1.3M	+18.42%
Copper & brass tons sold	Q3 FY2026	5.8K	—	—
Stainless steel tons sold	Q3 FY2026	81.6K	75.9K	+7.51%
Tons sold	Q3 FY2026	1.9M	1.6M	+15.58%
Tons sold (same-store)	Q4 FY2025	1.5M	1.4M	+6.22%

	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023
Alloy tons sold	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Aluminum tons sold	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Average selling price per ton sold	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Average selling price per ton sold (same-store)	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Carbon steel tons sold	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Copper & brass tons sold	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Stainless steel tons sold	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Tons sold	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Tons sold (same-store)	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.