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Reliance RS Debt-to-assets

Debt-to-assets at other companies

Nucor logo
NucorNUE
0.0×
Steel Dynamics logo
Steel DynamicsSTLD
0.3×0.0×
Carpenter Technology logo
Carpenter TechnologyCRS
0.2×0.0×
Alcoa logo
AlcoaAA
0.2×0.0×
ATI logo
ATIATI
0.3×0.0×
Howmet Aerospace logo
Howmet AerospaceHWM
0.4×+0.1×

Other financials

Income statement

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Revenue$4.0B+15.5%
Gross profit$1.2B+13.4%
Operating income$367.9M+34.1%
Net income$264.9M+32.7%
EPS (diluted)$5.10+36.4%

Balance sheet

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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

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Operating cash flow$151.4M+135%
CapEx$64.2M-26.1%
Free cash flow$87.2M+489%

Valuation

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Market cap$20.63B+2.8%
Enterprise value$22.41B+4.3%
P/E25.6×-0.4×
P/S1.4×-0.1×

Profitability

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Gross margin28.6%-0.7pp
Operating margin7.5%-0.2pp
Net margin5.4%-0.2pp

Returns & leverage

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Return on equity11.3%+1.0pp
Debt / equity0.3×0.0×
Current ratio4.4×+1.2×

Where this comes from

Calculated from Reliance’s reported figures.

Based on the most recent quarter.

The official record: Reliance’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Reliance's debt-to-assets?
Reliance (RS) reported debt-to-assets of 0.2× in Q1 2026.
How has Reliance's debt-to-assets changed year-over-year?
Reliance's debt-to-assets increased by 10.5% year-over-year, from 0.2× to 0.2×.
What is the long-term trend for Reliance's debt-to-assets?
Over 4 years (2021 to 2025), Reliance's debt-to-assets has grown at a -5.1% compound annual growth rate (CAGR), from 0.8× to 0.7×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.