Reliance

US · RS #937 by market cap Listed 1970

396.22 -5.27 -1.31%

Live - 5344 symbols - heartbeat 205s ago · 2026-10-08 08:30

Pre-market 395.49 -0.18%

After-hours 396.22 0.00%

Market cap: 20.23B
P/E (TTM): 23.02
P/B: 2.73
EPS: 13.98
Div yield: 1.24%
52W pos: 79%

Reader sentiment Are you bullish or bearish on RS?

Anonymous reader poll. Unscientific, not investment advice.

✦ Quant Financial Health how this is computed

Good

Altman Z-Score is 6.86, above the 3.0 "safe zone" threshold.
Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.

Revenue annual, last 8 years

Latest year +3.32% YoY

Margins

Gross margin: 28.74%
Operating margin: 7.02%
Net margin: 5.17%

Key ratios & quality

Enterprise value: 21.50B
Altman Z-Score: 6.86

Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.

Income statement

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	11.53B	10.97B	8.81B	14.09B	17.03B	14.81B	13.84B	14.29B
Gross profit	3.28B	3.33B	2.78B	4.49B	5.25B	4.55B	4.11B	4.11B
Selling & admin expenses	2.10B	2.11B	1.89B	2.32B	2.52B	2.58B	2.68B	2.83B
Research & development	--	--	--	--	--	--	--	--
Operating profit	962.40M	1.00B	660.40M	1.94B	2.49B	1.72B	1.15B	1.00B
Pretax profit	850.60M	929.30M	478.20M	1.88B	2.43B	1.74B	1.14B	969.20M
Tax	208.80M	223.20M	105.80M	465.70M	586.20M	400.60M	261.90M	227.60M
Net profit	641.80M	706.10M	372.40M	1.42B	1.84B	1.34B	878.00M	741.60M
Basic EPS	9	10	6	22	30	23	16	14
Diluted EPS	8.75	10.34	5.66	21.97	29.92	22.64	15.56	13.98

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Revenue	3.48B	3.66B	3.65B	3.50B	4.03B	4.63B
Gross profit	1.03B	1.09B	1.03B	954.70M	1.17B	1.30B
Selling & admin expenses	690.20M	706.00M	701.30M	728.00M	734.80M	789.40M
Research & development	--	--	--	--	--	--
Operating profit	274.40M	312.20M	259.80M	157.40M	367.90M	441.60M
Pretax profit	262.40M	304.30M	247.70M	154.80M	349.50M	429.80M
Tax	61.90M	70.10M	57.70M	37.90M	83.90M	106.20M
Net profit	200.50M	234.20M	190.00M	116.90M	265.60M	323.60M
Basic EPS	4	4	4	2	5	6
Diluted EPS	3.74	4.42	3.59	2.22	5.10	6.29

Balance sheet

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Total current assets	3.29B	3.01B	3.11B	4.16B	4.89B	4.77B	3.90B	4.14B
Cash & ST investments	128.20M	174.30M	683.50M	300.50M	1.17B	1.08B	318.10M	216.60M
Inventory	1.82B	1.65B	1.42B	2.07B	2.00B	2.04B	2.03B	2.19B
Total assets	8.04B	8.13B	8.11B	9.54B	10.33B	10.48B	10.02B	10.37B
Total current liabilities	699.10M	675.30M	613.00M	1.07B	1.38B	843.60M	1.21B	848.10M
Short-term debt	65.20M	117.40M	57.00M	63.60M	560.70M	56.50M	461.10M	68.40M
Long-term debt	2.14B	1.52B	1.64B	1.64B	1.14B	1.14B	742.80M	1.42B
Total liabilities	3,365,400,000.00	2,917,000,000.00	2,984,100,000.00	3,442,300,000.00	3,234,000,000.00	2,747,500,000.00	2,791,200,000.00	3,193,800,000.00
Total equity	4.68B	5.21B	5.12B	6.09B	7.10B	7.73B	7.23B	7.18B
Retained earnings	4.64B	5.19B	5.19B	6.16B	7.17B	7.80B	7.33B	7.26B

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Total current assets	4.21B	4.29B	4.36B	4.14B	4.57B	4.92B
Cash & ST investments	277.80M	239.50M	261.20M	216.60M	249.70M	235.40M
Inventory	2.11B	2.25B	2.31B	2.19B	2.23B	2.33B
Total assets	10.37B	10.49B	10.55B	10.37B	10.81B	11.17B
Total current liabilities	1.33B	1.35B	984.00M	848.10M	1.04B	1.15B
Short-term debt	462.80M	464.20M	64.80M	68.40M	69.20M	67.30M
Long-term debt	1.07B	1.03B	1.38B	1.42B	1.69B	1.66B
Total liabilities	3,251,400,000.00	3,245,900,000.00	3,233,900,000.00	3,193,800,000.00	3,677,200,000.00	3,754,000,000.00
Total equity	7.11B	7.24B	7.32B	7.18B	7.13B	7.41B
Retained earnings	7.21B	7.32B	7.40B	7.26B	7.22B	7.48B

Cash flow

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Operating cash flow	664.60M	1.30B	1.17B	799.40M	2.12B	1.67B	1.43B	831.40M
Depreciation & amortization	215.20M	219.30M	227.30M	230.20M	240.20M	245.40M	268.70M	278.20M
Free cash flow	424.70M	1.06B	1.00B	562.80M	1.78B	1.20B	999.20M	502.50M
Dividends paid	-145.30M	-151.30M	-164.10M	-177.00M	-217.10M	-238.10M	-249.70M	-254.70M
Stock buybacks / issuance	-484.90M	-50.00M	-337.30M	-323.50M	-630.30M	-479.50M	-1.09B	-594.10M
Ending cash balance	128.20M	174.30M	683.50M	300.50M	1.17B	1.08B	318.10M	216.60M

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Operating cash flow	64.50M	229.00M	261.80M	276.10M	151.40M	162.20M
Depreciation & amortization	68.70M	69.70M	70.50M	69.30M	69.20M	69.50M
Free cash flow	-22.40M	141.40M	180.60M	202.90M	87.20M	68.80M
Dividends paid	-65.20M	-63.10M	-62.90M	-63.50M	-66.60M	-63.80M
Stock buybacks / issuance	-253.20M	-79.90M	-60.90M	-200.10M	-234.20M	0
Ending cash balance	277.80M	239.50M	261.20M	216.60M	249.70M	235.40M

Returns & efficiency

Line item	2018	2019	2020	2021	2022	2023	2024	2025
ROE %	13.57	14.20	7.15	25.23	27.94	18.04	11.71	10.28
ROA %	8.02	8.67	4.55	16.02	18.53	12.84	8.54	7.25
ROIC %	11.18	11.85	6.87	20.44	23.07	15.68	10.94	9.83
5-year avg ROE %	10.43	11.40	11.28	14.81	17.62	18.51	18.01	18.64
EBIT margin %	8.73	9.92	7.04	14.41	15.18	12.69	9.28	7.93
FCF / sales %	3.68	9.65	11.36	3.99	10.44	8.12	7.22	3.52
Current ratio	4.70	4.46	5.08	3.91	3.55	5.66	3.21	4.88
Quick ratio	1.98	1.89	2.63	1.86	2.02	3.07	1.42	2.11
Debt / assets	27.39	22.02	22.82	19.59	18.06	13.14	14.15	16.77
LT debt / equity	45.78	32.13	35.05	29.65	18.41	17.10	13.26	23.31
Interest coverage	6.44	6.85	4.36	13.71	16.79	13.57	8.93	6.87
Revenue CAGR (3Y) %	7.25	8.41	-3.22	6.91	15.76	18.88	-0.61	-5.66
Net income CAGR (3Y) %	26.71	32.10	-15.58	30.64	37.91	53.54	-14.76	-26.21
FCF CAGR (3Y) %	-20.74	30.96	61.55	9.84	18.82	6.30	21.09	-34.36

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
ROE %	10.27	9.93	9.94	10.28	11.31	12.21
ROA %	7.33	7.05	6.99	7.25	7.60	8.25
ROIC %	9.73	9.50	9.47	9.83	10.37	11.16
5-year avg ROE %	--	--	--	--	--	--
EBIT margin %	8.42	8.11	7.91	7.93	8.26	8.57
FCF / sales %	7.01	6.08	4.76	3.52	4.13	3.41
Current ratio	3.17	3.18	4.43	4.88	4.39	4.30
Quick ratio	1.47	1.42	1.97	2.11	2.11	2.13
Debt / assets	16.98	16.51	16.01	16.77	18.77	17.87
LT debt / equity	18.27	17.53	22.23	23.31	27.51	26.05
Interest coverage	7.91	7.40	7.17	6.87	7.25	7.84
Revenue CAGR (3Y) %	--	--	--	--	--	--
Net income CAGR (3Y) %	--	--	--	--	--	--
FCF CAGR (3Y) %	--	--	--	--	--	--

✦ Quant Revenue Concentration how this is computed

Lead segment, long tail

Carbon steel is the largest reported line at 56.62% of revenue, across 7 reported segments.
Aluminum follows at 18.10%, so the top line still matters most but isn’t the whole story.

Revenue breakdown most recent period

Business

Carbon steel56.62%

Aluminum18.10%

Stainless steel12.86%

Alloy4.02%

Toll processing and logistics3.96%

Copper and brass2.67%

Miscellaneous and eliminations1.77%

Quote time 2026-10-08 08:30:07 · For reference only, not investment advice and not tailored to your situation.