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Reliance RS Net debt / EBITDA

Net debt / EBITDA at other companies

Nucor logo
NucorNUE
-0.5×-0.2×
Steel Dynamics logo
Steel DynamicsSTLD
1.6×0.0×
Carpenter Technology logo
Carpenter TechnologyCRS
0.5×-0.4×
Alcoa logo
AlcoaAA
0.7×0.0×
ATI logo
ATIATI
1.7×-0.1×
Howmet Aerospace logo
Howmet AerospaceHWM
1.1×-0.3×

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 net debt / EBITDA?
Reliance (RS) reported net debt / EBITDA of 1.3× in Q1 2026.
How has Reliance's net debt / EBITDA changed year-over-year?
Reliance's net debt / EBITDA increased by 14.0% year-over-year, from 1.1× to 1.3×.
What is the long-term trend for Reliance's net debt / EBITDA?
Over 4 years (2021 to 2025), Reliance's net debt / EBITDA has grown at a 9.5% compound annual growth rate (CAGR), from 3.2× to 4.6×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.