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Reliance RS Price / earnings

Price / earnings at other companies

Nucor logo
NucorNUE
16.5×-4.2×
Steel Dynamics logo
Steel DynamicsSTLD
19×+3.0×
Carpenter Technology logo
Carpenter TechnologyCRS
41×+15.7×
Alcoa logo
AlcoaAA
16.9×+7.7×
ATI logo
ATIATI
46.7×+28.2×
Howmet Aerospace logo
Howmet AerospaceHWM
53×+11.1×

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/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 price / earnings?
Reliance (RS) reported price / earnings of 19.5× in Q1 2026.
How has Reliance's price / earnings changed year-over-year?
Reliance's price / earnings decreased by 1.4% year-over-year, from 19.8× to 19.5×.
What is the long-term trend for Reliance's price / earnings?
Over 4 years (2021 to 2025), Reliance's price / earnings has grown at a 17.7% compound annual growth rate (CAGR), from 43× to 82.5×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.