Reliance Inc. (RS) reported $17.37B of revenue for the twelve months ended Sep 30, 2026. That is up 24.7% from the year before. Revenue for fiscal 2025 was $14.29B.

Yes. Reliance Inc. earned $1.11B in net income for the twelve months ended Sep 30, 2026, a net margin of 6.4%.

How much cash and debt does RS have?

Reliance Inc. reported $246.00M in cash and cash equivalents and $1.64B of debt on its most recent balance sheet in SEC filings.

How fast is RS revenue growing?

Reliance Inc.'s revenue changed +3.3% in fiscal 2025, to $14.29B. Its compound annual growth rate was +10.2% over 5 years and +4.3% over 10 years.

What is RS free cash flow?

Reliance Inc. generated $491.90M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $801.70M less capital expenditures.

What is RS earnings per share?

Diluted earnings per share were $21.46 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.

When did RS last report financial results?

The latest statements here come from Reliance Inc.'s 10-Q filed on Oct 27, 2026, covering the period ended Sep 30, 2026.

Where does this RS financial data come from?

Quantisnow builds these statements from the structured XBRL data Reliance Inc. files with the SEC. It is provided for information only and is not investment advice.

Financials · RS

Reliance Inc. (RS) financials

For the twelve months ended Sep 30, 2026, Reliance Inc. reported $17.37B of revenue and $1.11B of net income.

Revenue, TTM: $17.37B
Revenue growth, YoY: +24.7%
Net income, TTM: $1.11B
Net income growth, YoY: +52.0%
Net margin: 6.4%
Free cash flow, TTM: $491.90M
EPS, diluted, TTM: $21.46
EPS growth, YoY: +55.5%
Cash: $246.00M
Total debt: $1.64B
P/E: 19.19
P/S: 1.22
Market cap: $21.24B

Annual revenue$14.29B

FY2016FY2025

Annual net income$739.40M

FY2016FY2025

Annual free cash flow$502.50M

FY2016FY2025

RS revenue and earnings growth

RS revenueQ3 2026$5.21B

Quarter YoY: +42.8%
QoQ: +12.6%
FY YoY: +3.3%
5Y CAGR: +10.2%
10Y CAGR: +4.3%

RS revenue was $5.21B in fiscal Q3 2026 (ended Sep 30, 2026), up 42.8% from a year earlier and up 12.6% from the prior quarter. For the full fiscal 2025 it was $14.29B, up 3.3% from fiscal 2024. Compound annual growth was +10.2% over 5 years and +4.3% over 10 years. It rose in 5 of the last 10 fiscal years.

RS net incomeQ3 2026$402.90M

Quarter YoY: +112.6%
QoQ: +24.8%
FY YoY: -15.5%
5Y CAGR: +14.9%
10Y CAGR: +9.0%

RS net income was $402.90M in fiscal Q3 2026 (ended Sep 30, 2026), up 112.6% from a year earlier and up 24.8% from the prior quarter. For the full fiscal 2025 it was $739.40M, down 15.5% from fiscal 2024. Compound annual growth was +14.9% over 5 years and +9.0% over 10 years. It rose in 5 of the last 10 fiscal years.

RS EPSQ3 2026$7.84

Quarter YoY: +118.4%
QoQ: +24.6%
FY YoY: -10.2%
5Y CAGR: +19.8%
10Y CAGR: +12.9%

RS diluted EPS was $7.84 in fiscal Q3 2026 (ended Sep 30, 2026), up 118.4% from a year earlier and up 24.6% from the prior quarter. For the full fiscal 2025 it was $13.98, down 10.2% from fiscal 2024. Compound annual growth was +19.8% over 5 years and +12.9% over 10 years.

RS free cash flowQ3 2026$133.00M

Quarter YoY: -26.4%
QoQ: +93.3%
FY YoY: -49.7%
5Y CAGR: -12.9%
10Y CAGR: -5.2%

RS free cash flow was $133.00M in fiscal Q3 2026 (ended Sep 30, 2026), down 26.4% from a year earlier and up 93.3% from the prior quarter. For the full fiscal 2025 it was $502.50M, down 49.7% from fiscal 2024. Compound annual growth was -12.9% over 5 years and -5.2% over 10 years. It rose in 3 of the last 10 fiscal years.

Export CSV

Income statement

Income statement
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue	$14.29B	$13.84B	$14.81B	$17.02B	$14.09B	$8.81B	$10.97B	$11.53B	$9.72B	$8.61B
Cost of revenue	-	-	-	-	-	-	-	$8.25B	$6.93B	$6.02B
Gross profit	-	-	-	-	-	-	-	$3.28B	$2.79B	$2.59B
Selling, general and admin	$2.81B	$2.67B	$2.56B	$2.50B	$2.31B	$1.87B	$2.10B	$2.09B	$1.90B	$1.80B
Operating income	$1.01B	$1.16B	$1.74B	$2.51B	$1.95B	$565.80M	$1.01B	$937.50M	$662.40M	$517.80M
Interest expense	$55.70M	$40.30M	$40.10M	$62.30M	$62.70M	$62.90M	$85.00M	$86.20M	$73.90M	$84.60M
Pre-tax income	$969.20M	$1.14B	$1.74B	$2.43B	$1.88B	$478.20M	$929.30M	$850.60M	$583.80M	$429.20M
Income tax	$227.60M	$261.90M	$400.60M	$586.20M	$465.70M	$105.80M	$223.20M	$208.80M	-$37.20M	$120.10M
Net income	$739.40M	$875.20M	$1.34B	$1.84B	$1.41B	$369.10M	$701.50M	$633.70M	$613.40M	$304.30M
EPS, basic	$14.07	$15.70	$22.90	$30.39	$22.35	$5.74	$10.49	$8.85	$8.42	$4.21
EPS, diluted	$13.98	$15.56	$22.64	$29.92	$21.97	$5.66	$10.34	$8.75	$8.34	$4.16
Diluted shares	52.9M	56.2M	59.0M	61.5M	64.3M	65.3M	67.9M	72.4M	73.5M	73.1M

Balance sheet

Balance sheet
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Cash and equivalents	$216.60M	$318.10M	$1.08B	$1.17B	$300.50M	$683.50M	$174.30M	$128.20M	$154.40M	$122.80M
Receivables	$1.54B	$1.34B	$1.47B	$1.57B	$1.68B	$926.30M	$1.07B	$1.24B	$1.09B	$960.20M
Inventory	$2.19B	$2.03B	$2.04B	$2.00B	$2.06B	$1.42B	$1.65B	$1.82B	$1.73B	$1.53B
Current assets	$4.14B	$3.90B	$4.77B	$4.89B	$4.16B	$3.11B	$3.01B	$3.29B	$3.05B	$2.69B
Goodwill	$2.17B	$2.16B	$2.11B	$2.11B	$2.11B	$1.94B	$2.00B	$1.87B	$1.84B	$1.83B
Total assets	$10.37B	$10.02B	$10.48B	$10.33B	$9.54B	$8.11B	$8.13B	$8.04B	$7.75B	$7.41B
Current liabilities	$848.10M	$1.21B	$843.60M	$1.38B	$1.06B	$613.00M	$675.30M	$699.10M	$703.70M	$656.00M
Short-term debt	$700.0K	$399.70M	$300.0K	-	-	-	-	$65.20M	$92.00M	$82.50M
Long-term debt	$1.42B	$742.80M	$1.14B	$1.14B	$1.64B	$1.64B	$1.52B	$2.14B	$1.81B	$1.85B
Total debt	$1.42B	$1.14B	$1.14B	$1.14B	$1.64B	$1.64B	$1.52B	$2.20B	$1.90B	$1.93B
Total liabilities	$3.19B	$2.79B	$2.75B	$3.23B	$3.44B	$2.98B	$2.92B	$3.37B	$3.05B	$3.23B
Shareholders' equity	$7.17B	$7.22B	$7.73B	$7.10B	$6.09B	$5.12B	$5.21B	$4.68B	$4.70B	$4.18B

Cash flow

Cash flow
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Operating cash flow	$831.40M	$1.43B	$1.67B	$2.12B	$799.40M	$1.17B	$1.30B	$664.60M	$399.00M	$626.50M
Capital expenditures	$328.90M	$430.60M	$468.80M	$341.80M	$236.60M	$172.00M	$242.20M	$239.90M	$161.60M	$154.90M
Free cash flow	$502.50M	$999.20M	$1.20B	$1.78B	$562.80M	$1.00B	$1.06B	$424.70M	$237.40M	$471.60M
Investing cash flow	-$321.80M	-$803.70M	-$483.90M	-$348.50M	-$652.30M	-$188.40M	-$419.10M	-$281.00M	-$179.40M	-$505.10M
Financing cash flow	-$620.20M	-$1.38B	-$1.28B	-$892.60M	-$528.90M	-$483.00M	-$840.60M	-$403.90M	-$198.10M	-$100.20M
Share repurchases	$594.10M	$1.09B	$479.50M	$630.30M	$323.50M	$337.30M	$50.00M	$484.90M	$25.00M	-
Stock-based compensation	$55.60M	$56.80M	$65.00M	$65.30M	$70.80M	$42.20M	$51.20M	$45.50M	$33.40M	$24.40M
Depreciation and amortization	$278.20M	$268.70M	$245.40M	$240.20M	$230.20M	$227.30M	$219.30M	$215.20M	$218.40M	$222.00M

Key ratios

Key ratios
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue growth, YoY	3.3%	-6.6%	-13.0%	20.8%	59.9%	-19.7%	-4.9%	18.7%	12.9%	-7.9%
Net income growth, YoY	-15.5%	-34.5%	-27.4%	30.2%	282.8%	-47.4%	10.7%	3.3%	101.6%	-2.3%
EPS growth, YoY	-10.2%	-31.3%	-24.3%	36.2%	288.2%	-45.3%	18.2%	4.9%	100.5%	0.0%
Gross margin	-	-	-	-	-	-	-	28.4%	28.7%	30.1%
Operating margin	7.1%	8.4%	11.7%	14.7%	13.8%	6.4%	9.2%	8.1%	6.8%	6.0%
Net margin	5.2%	6.3%	9.0%	10.8%	10.0%	4.2%	6.4%	5.5%	6.3%	3.5%
Free cash flow margin	3.5%	7.2%	8.1%	10.4%	4.0%	11.4%	9.7%	3.7%	2.4%	5.5%
Return on equity	10.3%	12.1%	17.3%	25.9%	23.2%	7.2%	13.5%	13.5%	13.1%	7.3%
Return on assets	7.1%	8.7%	12.7%	17.8%	14.8%	4.6%	8.6%	7.9%	7.9%	4.1%
Current ratio	4.88	3.21	5.66	3.55	3.91	5.08	4.46	4.70	4.34	4.10
Debt to equity	0.20	0.16	0.15	0.16	0.27	0.32	0.29	0.47	0.40	0.46

Income statement

Income statement
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue	$5.21B	$4.63B	$4.03B	$3.50B	$3.65B	$3.66B	$3.48B	$3.13B	$3.42B	$3.64B	$3.64B	$3.34B
Selling, general and admin	$829.70M	$789.40M	$734.80M	$709.20M	$701.30M	$706.00M	$690.20M	$662.00M	$665.00M	$667.70M	$671.50M	$633.60M
Operating income	$552.10M	$441.60M	$367.90M	$166.30M	$259.80M	$312.20M	$274.40M	$141.80M	$273.40M	$351.70M	$393.10M	$325.10M
Interest expense	$18.40M	$18.20M	$15.40M	$15.50M	$14.40M	$14.30M	$11.50M	$10.00M	$10.90M	$9.70M	$9.70M	$9.80M
Pre-tax income	$531.90M	$429.80M	$349.50M	$154.80M	$247.70M	$304.30M	$262.40M	$133.50M	$260.50M	$349.70M	$396.20M	$333.30M
Income tax	$128.50M	$106.20M	$83.90M	$37.90M	$57.70M	$70.10M	$61.90M	$27.50M	$60.60M	$81.40M	$92.40M	$59.90M
Net income	$402.90M	$322.90M	$264.90M	$116.50M	$189.50M	$233.70M	$199.70M	$105.30M	$199.20M	$267.80M	$302.90M	$272.70M
EPS, basic	$7.90	$6.33	$5.13	$2.26	$3.61	$4.44	$3.76	$2.07	$3.64	$4.71	$5.28	$4.78
EPS, diluted	$7.84	$6.29	$5.10	$2.23	$3.59	$4.42	$3.74	$2.05	$3.61	$4.67	$5.23	$4.73
Diluted shares	51.4M	51.4M	52.0M	-	52.8M	52.9M	53.4M	-	55.2M	57.4M	57.9M	-

Balance sheet

Balance sheet
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Cash and equivalents	$246.00M	$235.40M	$249.70M	$216.60M	$261.20M	$239.50M	$277.80M	$318.10M	$314.60M	$350.80M	$934.90M	$1.08B
Receivables	$2.48B	$2.21B	$1.95B	$1.54B	$1.67B	$1.67B	$1.67B	$1.34B	$1.57B	$1.65B	$1.69B	$1.47B
Inventory	$2.48B	$2.33B	$2.23B	$2.19B	$2.31B	$2.25B	$2.11B	$2.03B	$2.21B	$2.29B	$2.17B	$2.04B
Current assets	$5.38B	$4.92B	$4.57B	$4.14B	$4.36B	$4.29B	$4.21B	$3.90B	$4.21B	$4.43B	$4.92B	$4.77B
Goodwill	$2.17B	$2.17B	$2.18B	$2.17B	$2.17B	$2.17B	$2.17B	$2.16B	$2.17B	$2.17B	$2.13B	$2.11B
Total assets	$11.62B	$11.17B	$10.81B	$10.37B	$10.55B	$10.49B	$10.37B	$10.02B	$10.30B	$10.45B	$10.71B	$10.48B
Current liabilities	$1.31B	$1.15B	$1.04B	$848.10M	$984.00M	$1.35B	$1.33B	$1.21B	$1.27B	$883.50M	$857.40M	$843.60M
Short-term debt	-	-	-	$700.0K	$300.0K	$400.20M	$399.90M	$399.70M	$399.50M	$300.0K	$300.0K	$300.0K
Long-term debt	$1.64B	$1.66B	$1.69B	$1.42B	$1.38B	$1.03B	$1.07B	$742.80M	$867.80M	$1.14B	$1.14B	$1.14B
Total debt	$1.64B	$1.66B	$1.69B	$1.42B	$1.38B	$1.43B	$1.47B	$1.14B	$1.27B	$1.14B	$1.14B	$1.14B
Total liabilities	$3.88B	$3.75B	$3.68B	$3.19B	$3.23B	$3.25B	$3.25B	$2.79B	$2.94B	$2.82B	$2.77B	$2.75B
Shareholders' equity	$7.72B	$7.40B	$7.12B	$7.17B	$7.32B	$7.24B	$7.11B	$7.22B	$7.36B	$7.63B	$7.94B	$7.73B

Cash flow

Cash flow
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Operating cash flow	$212.00M	$162.20M	$151.40M	$276.10M	$261.80M	$229.00M	$64.50M	$473.30M	$463.90M	$366.30M	$126.30M	$525.60M
Capital expenditures	$79.00M	$93.40M	$64.20M	$73.20M	$81.20M	$87.60M	$86.90M	$110.90M	$112.80M	$98.20M	$108.70M	$110.20M
Free cash flow	$133.00M	$68.80M	$87.20M	$202.90M	$180.60M	$141.40M	-$22.40M	$362.40M	$351.10M	$268.10M	$17.60M	$415.40M
Investing cash flow	-$69.10M	-$76.80M	-$70.00M	-$89.10M	-$73.90M	-$71.20M	-$87.60M	-$130.30M	-$111.40M	-$384.60M	-$177.40M	-$116.10M
Financing cash flow	-$134.50M	-$99.60M	-$46.60M	-$233.00M	-$165.20M	-$203.40M	-$18.60M	-$327.70M	-$394.60M	-$563.80M	-$90.30M	-$311.60M
Dividends paid	-	-	-	-	-	-	-	-	-	$62.50M	$63.20M	-
Share repurchases	$44.70M	$0	$234.20M	$200.10M	$60.90M	$79.90M	$253.20M	$142.40M	$432.00M	-	-	$240.30M
Stock-based compensation	$18.90M	$23.40M	$13.30M	$12.40M	$15.10M	$15.90M	$12.20M	$13.80M	$16.10M	$13.90M	$13.00M	$16.60M
Depreciation and amortization	$70.10M	$69.50M	$69.20M	$69.30M	$70.50M	$69.70M	$68.70M	$70.60M	$67.90M	$66.60M	$63.60M	$62.90M

Key ratios

Key ratios
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue growth, YoY	42.8%	26.5%	15.5%	11.9%	6.8%	0.5%	-4.4%	-6.3%	-5.6%	-6.1%	-8.1%	-7.6%
Net income growth, YoY	112.6%	38.2%	32.6%	10.6%	-4.9%	-12.7%	-34.1%	-61.4%	-32.5%	-30.5%	-20.9%	-22.2%
EPS growth, YoY	118.4%	42.3%	36.4%	8.8%	-0.6%	-5.4%	-28.5%	-56.7%	-27.7%	-28.0%	-18.7%	-21.0%
Operating margin	10.6%	9.5%	9.1%	4.8%	7.1%	8.5%	7.9%	4.5%	8.0%	9.7%	10.8%	9.7%
Net margin	7.7%	7.0%	6.6%	3.3%	5.2%	6.4%	5.7%	3.4%	5.8%	7.4%	8.3%	8.2%
Free cash flow margin	2.6%	1.5%	2.2%	5.8%	4.9%	3.9%	-0.6%	11.6%	10.3%	7.4%	0.5%	12.4%
Current ratio	4.12	4.30	4.39	4.88	4.43	3.18	3.17	3.21	3.31	5.02	5.74	5.66
Debt to equity	0.21	0.22	0.24	0.20	0.19	0.20	0.21	0.16	0.17	0.15	0.14	0.15

Source: XBRL data Reliance Inc. files with the SEC, latest filing dated Oct 27, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

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RS FAQ

8 questions

What is RS revenue?
Reliance Inc. (RS) reported $17.37B of revenue for the twelve months ended Sep 30, 2026. That is up 24.7% from the year before. Revenue for fiscal 2025 was $14.29B.
Is RS profitable?
Yes. Reliance Inc. earned $1.11B in net income for the twelve months ended Sep 30, 2026, a net margin of 6.4%.
How much cash and debt does RS have?
Reliance Inc. reported $246.00M in cash and cash equivalents and $1.64B of debt on its most recent balance sheet in SEC filings.
How fast is RS revenue growing?
Reliance Inc.'s revenue changed +3.3% in fiscal 2025, to $14.29B. Its compound annual growth rate was +10.2% over 5 years and +4.3% over 10 years.
What is RS free cash flow?
Reliance Inc. generated $491.90M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $801.70M less capital expenditures.
What is RS earnings per share?
Diluted earnings per share were $21.46 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
When did RS last report financial results?
The latest statements here come from Reliance Inc.'s 10-Q filed on Oct 27, 2026, covering the period ended Sep 30, 2026.
Where does this RS financial data come from?
Quantisnow builds these statements from the structured XBRL data Reliance Inc. files with the SEC. It is provided for information only and is not investment advice.