Latest revenue
$4.03B
as of 2026-03-31
Latest net income
$264.9M
as of 2026-03-31
Net margin
6.6%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $18.73B
- Enterprise value
- $18.73B
- P/E (trailing)
- 25.3×
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 1.3%
- 52-wk high
- $381.00
- 52-wk low
- $260.31
- Beta
- —
- Shares out
- 51.0M
5-year trend
What this company does
ITEM 1. BUSINESS Reliance operates a network of companies providing diversified metal solutions and is the largest metals service center company in North America (U.S. and Canada) based on revenues, with 2025 net sales of $14.29 billion. We have been in business over 85 years since our original organization on February 3, 1939, operating a single metals service center in Los Angeles, California fabricating steel reinforcing bar. Our common stock has traded on the New York Stock Exchange (“NYSE”) for over 30 years under the symbol “RS” since our September 16, 1994 initial public offering. We believe we have a unique and sustainable business model predicated on the following key…
AI summary unavailable — showing raw filing excerpt
Generated from RS's filing dated 2026-02-26
Key risks
ITEM 1A. RISK FACTORS Set forth below are the risks that we believe are material to our investors. Our business, results of operations and financial condition may be materially adversely affected due to any of the following risks. The risks described below are not the only ones we face. Additional risks of which we are not presently aware or that we currently believe are immaterial may also harm our business. Risks Related to Our Business and Industry The costs that we pay for metals fluctuate due to a number of factors beyond our control, and such fluctuations could adversely affect our operating results, particularly in periods in which metals price increases are not supported by…
AI summary unavailable — showing raw filing excerpt
Generated from RS's filing dated 2026-02-26
Profitability
Operating margin
7.1%
15.5%Net margin
5.2%
18.2%Return on equity
10.3%
14.9%Return on assets
7.1%
18.4%Leverage
Debt / equity
0.45×
15.1%Long-term debt / equity
0.20×
92.5%Debt / assets
30.9%
10.4%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $4.03B | +15.5% | $264.9M | +32.6% | 6.6% |
Q4 2025 2025-12-31 | $3.50B | +11.9% | — | — | — |
Q3 2025 2025-09-30 | $3.65B | +6.8% | $189.5M | -4.9% | 5.2% |
Q2 2025 2025-06-30 | $3.66B | +0.5% | — | — | — |
Q1 2025 2025-03-31 | $3.48B | -4.4% | $199.7M | — | 5.7% |
Q4 2024 2024-12-31 | $3.13B | — | — | — | — |
Q3 2024 2024-09-30 | $3.42B | -5.6% | $199.2M | — | 5.8% |
Q2 2024 2024-06-30 | $3.64B | -6.1% | — | — | — |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Wholesale-Metals Service Centers & of fices · SIC 5051
Your notes
Keep private notes on RS — thesis, target price, catalysts to watch.
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Insider activity
Insider buying
$0
Insider selling
$13.5M
Net activity
−$13.5M
Distinct insiders
4
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns RS
Institutional value
$7.63B
Total shares held
25.7M
Distinct holders
457
As of
2026-03-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 5.8M | $1.77B | — | New |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 3.4M | $1.03B | — | New |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 2.3M | $707.6M | — | New |
| 4 | Boston Partners | 2.1M | $641.7M | — | New |
| 5 | FRANKLIN RESOURCES INC | 1.1M | $322.0M | — | New |
| 6 | PRINCIPAL FINANCIAL GROUP INC | 720.7K | $219.0M | — | New |
| 7 | YACKTMAN ASSET MANAGEMENT LP | 693.1K | $210.7M | — | New |
| 8 | DIMENSIONAL FUND ADVISORS LP | 685.9K | $208.5M | — | New |
| 9 | Bank of New York Mellon Corp | 506.9K | $154.1M | — | New |
| 10 | JPMORGAN CHASE & CO | 491.5K | $147.7M | — | New |
| 11 | Nuveen, LLC | 420.3K | $127.7M | — | New |
| 12 | UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 404.6K | $123.0M | — | New |
| 13 | WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | 403.5K | $122.6M | — | New |
| 14 | VANGUARD FIDUCIARY TRUST CO | 323.7K | $98.4M | — | New |
| 15 | Legal & General Group Plc | 226.6K | $68.9M | — | New |
| 16 | HSBC HOLDINGS PLC | 210.5K | $64.0M | — | New |
| 17 | PFA Pension, Forsikringsaktieselskab | 196.4K | $59.7M | — | New |
| 18 | Invesco Ltd. | 182.6K | $55.5M | — | New |
| 19 | RHUMBLINE ADVISERS | 165.6K | $50.3M | — | New |
| 20 | Swiss National Bank | 153.4K | $46.6M | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once RS's latest filing finishes processing.