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Reliance RS Noncontrolling interests in subsidiaries

Noncontrolling interests in subsidiaries at other companies

Nucor logo
NucorNUE
$1.1B+4.7%
Steel Dynamics logo
Steel DynamicsSTLD
-$199.72M-23.9%
Worthington Steel logo
Worthington SteelWS
$136.1M+4.1%
Cleveland-Cliffs logo
Cleveland-CliffsCLF
$214M-4.0%
ATI logo
ATIATI
$121.5M+6.0%
Commercial Metals logo
Commercial MetalsCMC

Other financials

Income statement

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Revenue$4.6B+26.5%
Gross profit$1.3B+19.5%
Operating income$441.6M+41.4%
Net income$322.9M+37.9%
EPS (diluted)$6.29+42.3%

Balance sheet

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Cash & equivalents$235.4M-1.7%
Total debt$2.0B+15.2%
Total equity$7.4B+2.3%
Total assets$11.2B+6.4%

Cash flow

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Operating cash flow$162.2M-29.2%
CapEx$93.4M+6.6%
Free cash flow$68.8M-51.3%

Valuation

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Market cap$21.64B+46.9%
Enterprise value$23.4B+44.3%
P/E24.2×+4.3×
P/S1.4×+0.3×

Profitability

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Gross margin28.2%-1.1pp
Operating margin7.8%+0.5pp
Net margin5.7%+0.2pp
FCF margin3.4%-2.7pp

Returns & leverage

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Return on equity12.2%+2.2pp
Debt / equity0.3×0.0×
Current ratio4.3×+1.1×

Where this comes from

Reported directly by Reliance in its filing.

Tagged under the XBRL concept us-gaap:MinorityInterest.

The source filing: Reliance’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 4:05 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-087528
Line itemJune 30,December 31,
Common stock and additional paid-in capital, $0.001 par value and 200,000 shares authorized
Issued and outstanding shares—51,053 and 51,73523.40.1
Retained earnings7,477.57,257.6
Accumulated other comprehensive loss(99.4)(87.6)
Total Reliance stockholders’ equity7,401.57,170.1
Noncontrolling interests9.79.4
Total equity7,411.27,179.5
Total liabilities and equity$11,165.2$10,373.3

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Reliance's noncontrolling interests in subsidiaries?
Reliance (RS) reported noncontrolling interests in subsidiaries of $9.7M in Q2 2026.
How has Reliance's noncontrolling interests in subsidiaries changed year-over-year?
Reliance's noncontrolling interests in subsidiaries decreased by 3.0% year-over-year, from $10M to $9.7M.
What is the long-term trend for Reliance's noncontrolling interests in subsidiaries?
Over 5 years (2020 to 2025), Reliance's noncontrolling interests in subsidiaries has grown at a 5.2% compound annual growth rate (CAGR), from $7.3M to $9.4M.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.

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