# Reliance, Inc.: overview

RS · NYSE · CIK 861884 · [Consumer discretionary](/sectors/consumer-discretionary.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/rs.md) · [Financials](/companies/rs/financials.md) · [Filings](/companies/rs/filings.md) · [Insiders](/companies/rs/insiders.md)

Latest reported revenue: [$5.21bn](/filings/0001104659-26-119157.md) for Q3 FY2026, three months to 2026-09-30, from the 10-Q filed Oct 27, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001104659-26-119157).

## Last eight quarters

| Line item | Unit | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [3,127 d](/filings/0001104659-26-020651.md) | [3,485](/filings/0001104659-26-051524.md) | [3,660](/filings/0001104659-26-087528.md) | [3,651](/filings/0001104659-26-119157.md) | [3,499 d](/filings/0001104659-26-020651.md) | [4,026](/filings/0001104659-26-051524.md) | [4,630](/filings/0001104659-26-087528.md) | [5,213](/filings/0001104659-26-119157.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [4.5% d](/filings/0001104659-26-020651.md) | [7.9%](/filings/0001104659-26-051524.md) | [8.5%](/filings/0001104659-26-087528.md) | [7.1%](/filings/0001104659-26-119157.md) | [4.8% d](/filings/0001104659-26-020651.md) | [9.1%](/filings/0001104659-26-051524.md) | [9.5%](/filings/0001104659-26-087528.md) | [10.6%](/filings/0001104659-26-119157.md) |
| Net margin | % | [3.4% d](/filings/0001104659-26-020651.md) | [5.7%](/filings/0001104659-26-051524.md) | [6.4%](/filings/0001104659-26-087528.md) | [5.2%](/filings/0001104659-26-119157.md) | [3.3% d](/filings/0001104659-26-020651.md) | [6.6%](/filings/0001104659-26-051524.md) | [7.0%](/filings/0001104659-26-087528.md) | [7.7%](/filings/0001104659-26-119157.md) |
| Diluted EPS | $ per share | not reported | [3.74](/filings/0001104659-26-051524.md) | [4.42](/filings/0001104659-26-087528.md) | [3.59](/filings/0001104659-26-119157.md) | not reported | [5.10](/filings/0001104659-26-051524.md) | [6.29](/filings/0001104659-26-087528.md) | [7.84](/filings/0001104659-26-119157.md) |
| Free cash flow | $m | [362 d](/filings/0001104659-26-020651.md) | [(22.4)](/filings/0001104659-26-051524.md) | [141 d](/filings/0001104659-26-087528.md) | [181 d](/filings/0001104659-26-119157.md) | [203 d](/filings/0001104659-26-020651.md) | [87.2](/filings/0001104659-26-051524.md) | [68.8 d](/filings/0001104659-26-087528.md) | [133 d](/filings/0001104659-26-119157.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 12-month figure less the 9-month figure; 6-month figure less the 3-month figure; 9-month figure less the 6-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [14.1](/filings/0001558370-24-002166.md) | [17.0](/filings/0001558370-25-001806.md) | [14.8](/filings/0001104659-26-020651.md) | [13.8](/filings/0001104659-26-020651.md) | [14.3](/filings/0001104659-26-020651.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [13.8%](/filings/0001558370-24-002166.md) | [14.7%](/filings/0001558370-25-001806.md) | [11.7%](/filings/0001104659-26-020651.md) | [8.4%](/filings/0001104659-26-020651.md) | [7.1%](/filings/0001104659-26-020651.md) |
| Net margin | % | [10.1%](/filings/0001558370-24-002166.md) | [10.8%](/filings/0001558370-25-001806.md) | [9.0%](/filings/0001104659-26-020651.md) | [6.3%](/filings/0001104659-26-020651.md) | [5.2%](/filings/0001104659-26-020651.md) |
| Diluted EPS | $ per share | [21.97](/filings/0001558370-24-002166.md) | [29.92](/filings/0001558370-25-001806.md) | [22.64](/filings/0001104659-26-020651.md) | [15.56](/filings/0001104659-26-020651.md) | [13.98](/filings/0001104659-26-020651.md) |
| Free cash flow | $bn | [0.6](/filings/0001558370-24-002166.md) | [1.8](/filings/0001558370-25-001806.md) | [1.2](/filings/0001104659-26-020651.md) | [1.0](/filings/0001104659-26-020651.md) | [0.5](/filings/0001104659-26-020651.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:ProfitLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Net income: us-gaap:NetIncomeLoss.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/rs/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $2.17bn | 5,811,245 |  | Reduced −26,212 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $1.23bn | 3,290,031 |  | Reduced −89,293 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $980.8m | 2,625,386 |  | Reduced −203,133 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $862.4m | 2,308,297 |  | Reduced −19,939 |
| [Boston Partners](/funds/1386060.md) | 2026-06-30 | $821.8m | 2,196,803 |  | Added +85,869 |
| [WELLINGTON MANAGEMENT GROUP LLP](/funds/902219.md) | 2026-06-30 | $497.0m | 1,330,345 |  | Reduced −111,125 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $355.2m | 953,533 |  | Reduced −16,209 |
| [FRANKLIN RESOURCES INC](/funds/38777.md) | 2026-06-30 | $310.9m | 832,230 |  | Reduced −227,255 |
| [YACKTMAN ASSET MANAGEMENT LP](/funds/905567.md) | 2026-06-30 | $261.0m | 698,566 |  | Added +5,440 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $247.6m | 662,857 |  | Reduced −23,053 |

## Recent filings

[All 1,157 filings](/companies/rs/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-27 | 16:10 ET | [10-Q](/filings/0001104659-26-119157.md) | Quarterly report, period 2026-09-30 | 0001104659-26-119157 |
| 2026-10-21 | 16:20 ET | [8-K](/filings/0001171843-26-006744.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001171843-26-006744 |
| 2026-07-28 | 16:05 ET | [10-Q](/filings/0001104659-26-087528.md) | Quarterly report, period 2026-06-30 | 0001104659-26-087528 |
| 2026-07-22 | 16:10 ET | [8-K](/filings/0001171843-26-004833.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001171843-26-004833 |
| 2026-05-21 | 12:56 ET | [8-K](/filings/0001104659-26-065031.md) | 5.07 Shareholder vote results | 0001104659-26-065031 |
| 2026-04-29 | 16:16 ET | [10-Q](/filings/0001104659-26-051524.md) | Quarterly report, period 2026-03-31 | 0001104659-26-051524 |
| 2026-04-22 | 16:20 ET | [8-K](/filings/0001171843-26-002647.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001171843-26-002647 |
| 2026-04-02 | 16:03 ET | [DEF 14A](/filings/0001104659-26-039140.md) | Proxy statement, period 2026-05-20 | 0001104659-26-039140 |
| 2026-02-26 | 17:20 ET | [10-K](/filings/0001104659-26-020651.md) | Annual report, period 2025-12-31 | 0001104659-26-020651 |
| 2026-02-18 | 16:10 ET | [8-K](/filings/0001171843-26-000886.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001171843-26-000886 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001104659-26-020651.md), filed Feb 26, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 861884
- Tickers: RS
- Exchange: NYSE
- SIC code: 5051 Wholesale-Metals Service Centers & of fices
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 27, 2026, 17:57 ET. No prices; not investment advice.
