Reliance, Inc. (RS)
Materials · Specialty metals distribution and processing
Reliance is the largest metals distributor and processor in North America, serving construction, automotive, and industrial end-markets through an extensive network delivering steel, aluminum, and specialty metals.
What Reliance, Inc. does
Reliance, Inc. is a premier specialty metals distributor and processor with operations across North America. The company sources steel, aluminum, and specialty metals from mills and suppliers, then distributes them to customers while providing value-added processing services such as cutting, bending, forming, and finishing. Reliance operates through a network of service centers and distribution facilities, serving end-markets including non-residential construction, automotive, aerospace, and general industrial sectors. The company's model combines broad product availability with localized customer service, next-day delivery capabilities, and customized processing to generate revenue and market share.
Themes: ["metals distribution and processing","non-residential construction","automotive supply chain","aerospace and defense","industrial metal supply"]
Fundamentals
- Price$376.50 as of 2026-07-09 close
- Market cap$19.5B as of 2026-07-10
- 1-year return+14.8% as of 2026-07-09 close
- P/E24.20 as of 2026-07-10
- Net margin+5.4% as of 2026-07-10
- Gross margin+28.7% as of 2026-07-10
- ROE+11.2% as of 2026-07-10
- Debt / equity0.24 as of 2026-07-10
- Revenue growth (YoY)+8.5% as of 2026-07-10
- Revenue CAGR (3y)-5.7% SEC XBRL
- Beta0.99 as of 2026-07-10
Dividend: yield +1.3%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Commodity price volatility: Fluctuations in steel, aluminum, and specialty metals prices significantly impact gross profit margins and financial performance; tariffs and trade policy changes directly affect pricing dynamics and customer demand.","End-market cyclicality: Dependence on non-residential construction, automotive, and aerospace sectors exposes the company to economic cycles and sector-specific downturns; commercial aerospace weakness and semiconductor market softness created margin pressure in 2025.","Competitive pricing and market share pressure: The company operates in a competitive industry where larger rivals, integrated mills, and online distributors compete on price and service; ability to maintain market share and pricing power is essential to profitability."]
Competitors & peers
- Olympic Steel (ZEUS)
- Worthington Steel (WSTC)
- Metals USA
- Tube City IMS
- Ryerson (now Ryerson Holdings)
- Castle Metals
- Earle M. Jorgensen Company
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.