Company Analysis

Reliance, Inc. (RS)

NYSE: RS · Wholesale-Metals Service Centers & of fices · Phoenix, AZ · filing with the SEC since 1996
Grade5.9
◀ Past 6.7● Present 6.5▶ Future 4.3

The grade of Reliance, Inc.

Nine metrics read from its own filings, by tense
Headline grade
5.9/10
◀ Past6.725% of the headline
● Present6.545% of the headline
▶ Future4.330% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

6.7/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.8/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 45% of this tense · 78th percentile among 51 sector filers · read for itself

From the record

Reliance, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
4.5/10

What has it actually done, year after year?

+4.9% a year over 9 filed years; profitable in 9 of 9.

weight 33% of this tense · 45th percentile among 50 sector filers · read for its customers

From the record

Reliance, Inc.'s 9 filed years say what it did: revenue went from $9.7 billion in fiscal 2017 to $14 billion in fiscal 2025, up 4.9% a year; it rose in 4 of 8 years; the deepest fall was 24% from fiscal 2018 to fiscal 2020; net income was positive in 9 of 9 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span4.9%bottom 39% of its family
  • the share of years revenue rosebottom 20% of its family
  • the share of filed years with a profittop 19% of its family
  • the deepest fall from a revenue peak23.6%bottom 41% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
7.8/10

How has it treated the people who own it?

Share count shrank 4.9% a year. 55% of cash flow returned. Insiders: 20 sales, 0 purchases.

weight 22% of this tense · 78th percentile among 43 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Reliance, Inc.'s diluted share count shrank about 4.9% a year, and dividends and buybacks returned about 55% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 20 sales and 0 purchases of their own stock on the open market in the year to 2026-10-28 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 11% of its family
  • cash returned against operating cash flowtop 34% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.5/1045% of the headline grade · 3 of 3 filed

Financial health

as filed
7.8/10

Is it financially healthy right now?

ROE 10%: 10¢ of profit per shareholder dollar. Leverage 31%: owes 31¢ per asset dollar.

weight 33% of this tense · 78th percentile among 50 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Reliance, Inc. earned about 10 cents of profit for every dollar of shareholders' money. Leverage: it owed about 31 cents per dollar of assets, and net share issuance: its share count shrank 6.0% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 23% of its family
  • return on equitytop 39% of its family
  • the share count against the year beforetop 5% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
5.8/10

How strong is its position in its industry?

top 42% of 51 in its family; net margin 5.2%.

weight 45% of this tense · 58th percentile among 51 sector filers · read for its customers

From the record

Reliance, Inc.'s standing among 51 graded names in its industry family: revenue of $14 billion in fiscal 2025 ranks in the top 17% by size; a net margin of 5.2% ranks in the top 34%; revenue growth of -5.7% a year over the last 3 filed years ranks in the bottom 26% (its annual reports).

What it rests on

  • revenue against the family$14.29Btop 17% of its family
  • net margin5.2%top 34% of its family
  • three-year revenue growth-5.7%bottom 26% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
5.8/10

What are the people in charge doing?

top 42% of 35 in its family for leadership; chief executive since 2023.

weight 22% of this tense · 58th percentile among 35 sector filers · read for its shareholders

From the record

Reliance, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Lewis, Karla R (President, CEO, as filed), filing under that title since 2023-02-22, 3.7 years (bottom 43% of its family); the 12 officers and directors filing in the last fifteen months have been on the record a median of 8.8 years (top 24%); 5 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (top 45%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge5 in three years among 12 peopletop 45% of its family
  • the median years the people in charge have filed8.8 yearstop 24% of its family
  • the chief executive's years on the record3.7 yearsbottom 43% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.3/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.8/10

How much room does it have to grow?

bottom 48% of 49 in its family for room to expand.

weight 33% of this tense · 48th percentile among 49 sector filers · read for itself

From the record

Reliance, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $217 million against debt of $1.4 billion leaves -11.6% of its assets as net cash, bottom 37% of its family; cash from operations less capital spending is 3.5% of revenue (top 42%) (its annual report).

What it rests on

  • cash less debt against assets-11.6%bottom 37% of its family
  • cash from operations less capital spending against revenue3.5%top 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
3.6/10

What could actually drive growth from here?

bottom 36% of 50 in its family for growth drivers.

weight 33% of this tense · 36th percentile among 50 sector filers · read for its customers

From the record

Reliance, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -5.7% a year over the last three filed years against 4.9% over all 9, slowing (bottom 27% of its family); the newest year grew 3.3% (bottom 43%); capital spending grew -1.3% a year (bottom 38%) (its annual reports). Reliance, Inc. reported 7 product lines in fiscal 2025: Carbon Steel at $7.9 billion (55%), Aluminum at $2.5 billion (17%), Stainless Steel at $1.9 billion (14%), and 4 more; 5 of 7 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-10.6 points a yearbottom 27% of its family
  • the newest year's revenue growth3.3%bottom 43% of its family
  • three-year growth of capital spending-1.3%bottom 38% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
4.5/10

Did its newest year beat what its own record pointed to?

bottom 45% of 44 in its family for expectations against reality.

weight 33% of this tense · 45th percentile among 44 sector filers · read for its shareholders

From the record

Reliance, Inc.'s newest year against its own record: revenue of $14 billion in fiscal 2025 came in 14.6% above the $12 billion its prior three years' pace pointed to (top 28% of its family); net income of $742 million against a prior three-year average of $1.4 billion (bottom 33%); a net margin of 5.2% against 8.7% before (bottom 31%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace14.6%top 28% of its family
  • net income against the prior three years' average-45%bottom 33% of its family
  • net margin against its prior average-3.6 pointsbottom 31% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton RS · research, not advice