What is Reliance's interest expense?

Reliance (RS) reported interest expense of $15.4M in Q1 2026.

How has Reliance's interest expense changed year-over-year?

Reliance's interest expense increased by 33.9% year-over-year, from $11.5M to $15.4M.

What is the long-term trend for Reliance's interest expense?

Over 4 years (2021 to 2025), Reliance's interest expense has grown at a -2.9% compound annual growth rate (CAGR), from $62.7M to $55.7M.

What does interest expense mean?

Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

Reliance RS Interest Expense

Interest Expense at other companies

Steel DynamicsSTLD

$33.24M+174%

Worthington SteelWS

$20.7M+1,970%

Cleveland-CliffsCLF

-$148M-5.7%

Commercial MetalsCMC

$40.93M+267%

Carpenter TechnologyCRS

$8.7M-27.5%

Mayville EngineeringMEC

$3.66M+134%

Segments

By segment

See full

Metals Service Centers$15.4M+33.9%

Other financials

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

See full

Market cap$19.67B+14.3%

Enterprise value$21.45B+14.7%

P/E24.4×+1.1×

P/S1.3×+0.1×

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×

Where this comes from

Reported directly by Reliance in its filing.

Tagged under the XBRL concept us-gaap:InterestExpenseNonoperating.

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 interest expense?: Reliance (RS) reported interest expense of $15.4M in Q1 2026.
How has Reliance's interest expense changed year-over-year?: Reliance's interest expense increased by 33.9% year-over-year, from $11.5M to $15.4M.
What is the long-term trend for Reliance's interest expense?: Over 4 years (2021 to 2025), Reliance's interest expense has grown at a -2.9% compound annual growth rate (CAGR), from $62.7M to $55.7M.
What does interest expense mean?: Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.