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Reliance RS Free cash flow margin

Free cash flow margin at other companies

Nucor logo
NucorNUE
5.6%-11.5pp
Steel Dynamics logo
Steel DynamicsSTLD
3.5%+2.9pp
Carpenter Technology logo
Carpenter TechnologyCRS
13.5%+5.6pp
Alcoa logo
AlcoaAA
4.6%+3.3pp
ATI logo
ATIATI
12%+7.8pp
Howmet Aerospace logo
Howmet AerospaceHWM
19.2%+5.7pp

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 trailing twelve months.

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 free cash flow margin?
Reliance (RS) reported free cash flow margin of 4.1% in Q1 2026.
How has Reliance's free cash flow margin changed year-over-year?
Reliance's free cash flow margin decreased by 41.2% year-over-year, from 7% to 4.1%.
What is the long-term trend for Reliance's free cash flow margin?
Over 4 years (2021 to 2025), Reliance's free cash flow margin has grown at a -3.0% compound annual growth rate (CAGR), from 24.1% to 21.4%.
What does free cash flow margin mean?
How much real, spendable cash each sales dollar generates after reinvestment.
How do you interpret free cash flow margin?
A high and rising FCF margin is the hallmark of a cash-generative business. Persistent gaps between net margin and FCF margin warrant a look at working capital or capital intensity.
How does free cash flow margin compare across companies?
Strong cross-company quality signal; capital-light compounders post structurally higher FCF margins than asset-heavy peers.