Reliance/$RS

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About Reliance

Reliance Inc is a diversified metal solutions provider and metals service center company. It provides value-added metals processing services and distributes.

Ticker

$RS
Sector

Primary listing

NYSE

Industry

Metals & Mining

Employees

15,900

ISIN

US7595091023

Reliance Metrics

BasicAdvanced
$17B
23.74
$14.01
0.82
$4.60
1.44%

What the Analysts think about Reliance

Analyst ratings (Buy, Hold, Sell) for Reliance stock.

Bulls say / Bears say

Reliance's acquisition of American Alloy Steel, Inc. is expected to enhance its value-added processing capabilities and expand its product portfolio, potentially driving revenue growth. (investor.reliance.com)
The company reported a robust operating cash flow of $466 million in Q3 2023, indicating strong financial health and the ability to invest in growth opportunities. (investing.com)
Reliance's focus on value-added services has helped maintain stable gross profit margins despite declining average selling prices, showcasing effective cost management. (investing.com)
KeyBanc reduced Reliance's price target from $335 to $325, citing expectations of EBITDA normalization and potential earnings volatility due to pricing and spread variations. (investing.com)
Wolfe Research downgraded Reliance to 'Underperform,' anticipating risks to margins and a significant decrease in free cash flow and share buybacks in the coming years. (investing.com)
The company expects average steel selling prices to decline by 2-4% in Q3 2024, which could negatively impact revenue and profitability. (argusmedia.com)
Data summarised monthly by Lightyear AI. Last updated on 11 Jul 2025.

Reliance Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Reliance Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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