What is Reliance's market cap?

Reliance (RS) has a market capitalization of $19.4B and trades on NYSE.

What is Reliance's revenue and profitability?

Reliance generated $14.8B in trailing twelve-month revenue with net income of $805.1M, representing a net margin of 5.4%. Gross margin stands at 28.6%, with free cash flow of $612.1M. These figures are based on the Q1 2026 filing.

Who are Reliance's competitors?

Reliance's key competitors include Steel Dynamics, Inc., Nucor Corporation, Metallus Inc., and others. These companies compete in similar markets and product categories.

Who does Reliance partner with?

Reliance's notable partners include Metals Service Center Institute.

What subsidiaries does Reliance have?

Reliance's subsidiaries include Precision Strip Inc., Yarde Metals, AMI Metals, and others.

Where is Reliance headquartered?

Reliance is headquartered in United States of America and employs approximately 15,500 people. It has been publicly traded since 1994.

Reliance

Reliance, Inc. is the largest metals service center company in North America, operating a diversified network that provides value-added processing and distribution services.

Market cap

$19.36B+10.7%

Revenue$14.8B+8.5%

Net income$805.1M+4.2%

Free cash flow$612.1M-36.2%

EPS (diluted)$15.35+9.4%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

April 22, 2026

Revenue$4.0BBeat by $134.9M EPS$5.16Beat by $0.53

Read the full report

Next report

Jul 22, 2026 (In 1 week)

Revenue estimate$4.2B

EPS estimate$5.44

Financials

Q1 2026

Income statement

See full

Revenue$4.0B+15.5%

Gross profit$1.2B+13.4%

Operating income$367.9M+34.1%

Net income$264.9M+32.6%

EPS (diluted)$5.10+36.4%

Balance sheet

See full

Cash & equivalents$249.7M-10.1%

Total debt$2.0B+15.3%

Total equity$7.1B+0.3%

Total assets$10.8B+4.3%

Cash flow

See full

Operating cash flow$151.4M+135%

CapEx$64.2M-26.1%

Free cash flow$87.2M+489%

Valuation & ratios

Valuation

See full

Market cap$19.36B+10.7%

Enterprise value$21.14B+13.0%

P/E24×+0.7×

P/S1.3×0.0×

Profitability

See full

Gross margin28.6%-0.7pp

Operating margin7.5%-0.2pp

Net margin5.4%-0.2pp

FCF margin4.1%-2.9pp

Returns & leverage

See full

Return on equity11.3%+1.0pp

Debt / equity0.3×0.0×

Current ratio4.4×+1.2×

Segments

By product

See full

Carbon Steel$2.2B+16.5%

Aluminum$754.6M+24.6%

Stainless Steel$539.0M+7.1%

Alloy Steel$180.6M+14.0%

Toll Processing$171.9M+7.3%

By segment

See full

Metals Service Centers$4.0B+15.5%

Competitors

By market cap

Nucor$51.8B+63.9%

Steel Dynamics$32.9B+66.2%

Reliance$19.4B+13.7%

Commercial Metals$6.9B+21.3%

Cleveland-Cliffs$5.4B+27.7%

Worthington Steel$1.6B+6.2%

Metallus$793.4M+17.3%

GWA

Greenwave Technology Solutions, Inc.$2.4M-79.8%

By revenue growth

Commercial Metals+15.2%

Metallus+13.7%

Nucor+12.3%

Worthington Steel+11.3%

Steel Dynamics+10.4%

Reliance+8.5%

Cleveland-Cliffs+1.6%

By net margin

Steel Dynamics7.22%+0.4pp

Nucor6.82%+2.4pp

Commercial Metals6.72%+6.2pp

Reliance5.43%-0.2pp

Worthington Steel4.35%+0.8pp

Metallus0.245%-2.1pp

Cleveland-Cliffs-6.18%0.0pp

Profile

Reliance, Inc. is the largest metals service center company in North America, operating a diversified network that provides value-added processing and distribution services. The company bridges the gap between primary metal producers and end-users by maintaining a vast inventory of over 100,000 products and offering specialized services like cutting, machining, and electropolishing. Its business model focuses on small order sizes, quick turnaround times, and high-frequency deliveries to a broad customer base across multiple industrial sectors.

Competitive position

Reliance is the North American market leader in the highly fragmented metals service center industry, holding a significant market share advantage over smaller regional competitors.

GeographiesUnited States, Canada, Mexico, United Kingdom, France, Belgium, South Korea, Singapore, Malaysia, China

Customer segmentsNon-residential construction, Aerospace and Defense, Energy (Oil and Gas), Semiconductor fabrication, Transportation

Business modelValue-added distribution, Toll processing, Spot market sales, Inventory management services

SuppliersDomestic primary metal producers (mills), International metal mills, Truck leasing companies

CustomersInfrastructure developers, Renewable energy projects, Commercial and military aerospace contractors, Agricultural and mining equipment manufacturers, Semiconductor equipment makers

CountryUnited States of America

Listed1994

Employees15.5K

CEOKarla R. Lewis

SectorBasic Materials

IndustrySteel

Websitereliance.com

FilingsSEC EDGAR

Ask your AI about Reliance.

Connect your AI assistant and dig into the numbers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Reliance's market cap?: Reliance (RS) has a market capitalization of $19.4B and trades on NYSE.
What is Reliance's revenue and profitability?: Reliance generated $14.8B in trailing twelve-month revenue with net income of $805.1M, representing a net margin of 5.4%. Gross margin stands at 28.6%, with free cash flow of $612.1M. These figures are based on the Q1 2026 filing.
Who are Reliance's competitors?: Reliance's key competitors include Steel Dynamics, Inc., Nucor Corporation, Metallus Inc., and others. These companies compete in similar markets and product categories.
Who does Reliance partner with?: Reliance's notable partners include Metals Service Center Institute.
What subsidiaries does Reliance have?: Reliance's subsidiaries include Precision Strip Inc., Yarde Metals, AMI Metals, and others.
Where is Reliance headquartered?: Reliance is headquartered in United States of America and employs approximately 15,500 people. It has been publicly traded since 1994.