Declared Dividend • Jul 27
Second quarter dividend of US$1.25 announced Shareholders will receive a dividend of US$1.25. Ex-date: 14th August 2026 Payment date: 28th August 2026 Dividend yield will be 1.2%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 29% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 23
Second quarter 2026 earnings released: EPS: US$6.33 (vs US$4.44 in 2Q 2025) Second quarter 2026 results: EPS: US$6.33 (up from US$4.44 in 2Q 2025). Revenue: US$4.63b (up 27% from 2Q 2025). Net income: US$322.9m (up 38% from 2Q 2025). Profit margin: 7.0% (up from 6.4% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Aankondiging • Jun 29
Reliance, Inc.(NYSE:RS) dropped from Russell 1000 Dynamic Index Reliance, Inc.(NYSE:RS) dropped from Russell 1000 Dynamic Index Declared Dividend • May 21
First quarter dividend of US$1.25 announced Shareholders will receive a dividend of US$1.25. Ex-date: 22nd May 2026 Payment date: 5th June 2026 Dividend yield will be 1.4%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Apr 08
Reliance, Inc. to Report Q1, 2026 Results on Apr 22, 2026 Reliance, Inc. announced that they will report Q1, 2026 results After-Market on Apr 22, 2026 Aankondiging • Apr 06
Reliance, Inc., Annual General Meeting, May 20, 2026 Reliance, Inc., Annual General Meeting, May 20, 2026. Aankondiging • Feb 05
Reliance, Inc. to Report Q4, 2025 Results on Feb 18, 2026 Reliance, Inc. announced that they will report Q4, 2025 results After-Market on Feb 18, 2026 Aankondiging • Oct 23
Reliance, Inc. Declares Quarterly Cash Dividend, Payable on December 5, 2025 On October 10, 2025, the Board of Directors of Reliance, Inc. declared a quarterly cash dividend of $1.20 per share of common stock, payable on December 5, 2025 to stockholders of record as of November 21, 2025. Aankondiging • Oct 08
Reliance, Inc. to Report Q3, 2025 Results on Oct 22, 2025 Reliance, Inc. announced that they will report Q3, 2025 results After-Market on Oct 22, 2025 Aankondiging • Oct 01
Reliance, Inc. Appoints John G. Sznewajs to Board of Directors, Effective October 1, 2025 Reliance, Inc. announced the appointment of John G. Sznewajs, 58, as an independent member of the Company’s Board of Directors. Mr. Sznewajs’ term took effect on October 1, 2025 and will expire at the Company’s 2026 Annual Meeting of Stockholders. Following the appointment of Mr. Sznewajs, Reliance’s Board will be comprised of nine members, eight of whom are independent. Mr. Sznewajs is a partner at Shore Capital, a lower middle-market private equity firm. From 2007 to 2023, Mr. Sznewajs served as the Vice President and Chief Financial Officer of Masco Corporation (NYSE: MAS), a global manufacturer and marketer of branded home improvement and building products and services. Mr. Sznewajs also currently serves as a director of CMS Energy Corporation (NYSE: CMS), an energy company operating primarily in Michigan, and serves on its audit, finance, and executive committees. Mr. Sznewajs earned a Bachelor of Arts in economics from Kalamazoo College and a Master of Business Administration degree from The University of Chicago Booth School of Business. Aankondiging • Jul 24
Reliance, Inc. Declares Quarterly Cash Dividend, Payable August 29, 2025 On July 22, 2025, the Board of Directors of Reliance, Inc. declared a quarterly cash dividend of $1.20 per share of common stock, payable on August 29, 2025 to stockholders of record as of August 15, 2025. Aankondiging • Jul 09
Reliance, Inc. to Report Q2, 2025 Results on Jul 23, 2025 Reliance, Inc. announced that they will report Q2, 2025 results After-Market on Jul 23, 2025 Aankondiging • Apr 09
Reliance, Inc. to Report Q1, 2025 Results on Apr 23, 2025 Reliance, Inc. announced that they will report Q1, 2025 results After-Market on Apr 23, 2025 Aankondiging • Apr 04
Reliance, Inc. Announces Retirement of Mark V. Kaminski as Independent Director The Board of Directors of Reliance, Inc. presently consists of nine directors, eight of whom are independent. All directors are elected to serve a one-year term. Since Mr. Mark V. Kaminski is retiring from the Board and will not stand for re-election at the Annual Meeting of Stockholders in May 2025, the Board expects to reduce the size of the Board to eight directors, of whom seven will be independent. The Board has adopted a policy that directors may not stand for re-election after reaching age 75, but may complete his or her then current term. Aankondiging • Feb 28
Reliance, Inc., Annual General Meeting, May 21, 2025 Reliance, Inc., Annual General Meeting, May 21, 2025. Aankondiging • Feb 05
Reliance, Inc. to Report Q4, 2024 Results on Feb 19, 2025 Reliance, Inc. announced that they will report Q4, 2024 results After-Market on Feb 19, 2025 Upcoming Dividend • Nov 16
Upcoming dividend of US$1.10 per share Eligible shareholders must have bought the stock before 22 November 2024. Payment date: 06 December 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (2.9%). Recent Insider Transactions • Nov 08
Senior VP recently sold €1.9m worth of stock On the 6th of November, William Smith sold around 7k shares on-market at roughly €300 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €49m more than they bought in the last 12 months. Board Change • Nov 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Independent Director Jim Kamsickas was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • Oct 27
Third quarter dividend of US$1.10 announced Shareholders will receive a dividend of US$1.10. Ex-date: 22nd November 2024 Payment date: 6th December 2024 Dividend yield will be 1.5%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 7.9% over the next 2 years. However, it would need to fall by 74% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: US$3.64 (vs US$5.05 in 3Q 2023) Third quarter 2024 results: EPS: US$3.64 (down from US$5.05 in 3Q 2023). Revenue: US$3.42b (down 5.6% from 3Q 2023). Net income: US$199.2m (down 33% from 3Q 2023). Profit margin: 5.8% (down from 8.1% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings. Aankondiging • Oct 24
Reliance, Inc. Declares a Quarterly Cash Dividend, Payable on December 6, 2024 On October 22, 2024, Reliance, Inc.'s Board of Directors declared a quarterly cash dividend of $1.10 per share of common stock, payable on December 6, 2024 to stockholders of record as of November 22, 2024. Aankondiging • Oct 02
Reliance, Inc. Announces Boars Changes Reliance, Inc. announced the appointment of James K. Kamsickas, 57, to serve as an independent director. Mr. Kamsickas’ term took effect on October 1, 2024 and will expire at the Company’s 2025 Annual Meeting of Stockholders. Following the appointment of Mr. Kamsickas, Reliance’s Board will be comprised of nine members, eight of whom are independent. Mr. Kamsickas is the chairman and chief executive officer of Dana Incorporated, a leader in the design and manufacture of highly efficient propulsion and energy-management solutions that power vehicles and machines in all mobility markets across the globe. Prior to being named Dana CEO in 2015, Mr. Kamsickas was president and CEO of International Automotive Components for eight years. In addition, he served as head of Lear Corporation’s Interior Systems Division and held several additional senior leadership roles within that organization. Mr. Kamsickas earned a bachelor of science in business administration from Central Michigan University and a master of business administration degree from Michigan State University. Consistent with corporate governance best practices and Reliance's strategic, deliberate and well-executed long-term succession plan, Mark Kaminski will step down from the position of non-executive Chairman of the Board effective January 1, 2025. Mr. Kaminski has served as Reliance’s independent, non-executive Chairman since July 2016. Mr. Kaminski will continue to serve as a member of the Company's Board of Directors. On October 1, 2024, the Board of Directors unanimously appointed Douglas W. Stotlar as Reliance's independent, non-executive Chairman of the Board effective January 1, 2025. Mr. Stotlar has served on Reliance's Board of Directors since October 2016. Board Change • Aug 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 2 highly experienced directors. Independent Director Frank Dellaquila was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • Jul 29
Second quarter dividend of US$1.10 announced Shareholders will receive a dividend of US$1.10. Ex-date: 16th August 2024 Payment date: 30th August 2024 Dividend yield will be 1.4%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by both earnings (21% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 16% over the next 3 years. However, it would need to fall by 76% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Jul 26
Second quarter 2024 earnings released: EPS: US$4.71 (vs US$6.56 in 2Q 2023) Second quarter 2024 results: EPS: US$4.71 (down from US$6.56 in 2Q 2023). Revenue: US$3.64b (down 6.1% from 2Q 2023). Net income: US$267.8m (down 31% from 2Q 2023). Profit margin: 7.4% (down from 9.9% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Jul 26
Reliance, Inc. Declares Quarterly Cash Dividend, Payable on August 30, 2024 Reliance, Inc. announced on July 23, 2024, the company’s board of directors declared a quarterly cash dividend of $1.10 per share of common stock, payable on August 30, 2024 to stockholders of record as of August 16, 2024. Aankondiging • Jul 03
Reliance, Inc.(NYSE:RS) dropped from Russell 1000 Dynamic Index Reliance, Inc.(NYSE:RS) dropped from Russell 1000 Dynamic Index Recent Insider Transactions • Jun 05
Executive VP & COO recently sold €5.6m worth of stock On the 31st of May, Stephen Koch sold around 20k shares on-market at roughly €272 per share. This transaction amounted to 68% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Stephen's only on-market trade for the last 12 months. Upcoming Dividend • May 16
Upcoming dividend of US$1.10 per share Eligible shareholders must have bought the stock before 23 May 2024. Payment date: 07 June 2024. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.7%). Recent Insider Transactions • May 05
Director & Senior Advisor to the CEO recently sold €1.4m worth of stock On the 30th of April, James Hoffman sold around 5k shares on-market at roughly €271 per share. This transaction amounted to 4.6% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €13m. Insiders have been net sellers, collectively disposing of €53m more than they bought in the last 12 months. Declared Dividend • Apr 28
First quarter dividend of US$1.10 announced Shareholders will receive a dividend of US$1.10. Ex-date: 23rd May 2024 Payment date: 7th June 2024 Dividend yield will be 1.5%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by both earnings (19% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 23% over the next 3 years. However, it would need to fall by 79% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: US$5.28 (vs US$6.51 in 1Q 2023) First quarter 2024 results: EPS: US$5.28 (down from US$6.51 in 1Q 2023). Revenue: US$3.64b (down 8.1% from 1Q 2023). Net income: US$302.9m (down 21% from 1Q 2023). Profit margin: 8.3% (down from 9.7% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 1.5% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Apr 04
Reliance, Inc. (NYSE:RS) completed the acquisition of American Alloy Steel, Inc. Reliance, Inc. (NYSE:RS) entered into a definitive agreement to acquire American Alloy Steel, Inc. on February 14, 2024. For the twelve months ended December 31, 2023, annual net sales for American Alloy were approximately $310 million. The current American Alloy team, including management, is expected to remain in place post-closing. The transaction is expected to close within the next 60 days, subject to regulatory approval and customary closing conditions.Reliance, Inc. (NYSE:RS) completed the acquisition of American Alloy Steel, Inc. on April 3, 2024. Aankondiging • Apr 03
Reliance, Inc. (NYSE:RS) acquired MidWest Materials, Inc. Reliance, Inc. (NYSE:RS) acquired MidWest Materials, Inc. on April 2, 2024. The current management team will remain in place. Brown Gibbons Lang & Company LLC acted as financial advisor to MidWest Materials, Inc.
Reliance, Inc. (NYSE:RS) completed the acquisition of MidWest Materials, Inc. on April 2, 2024. Recent Insider Transactions • Mar 01
Director & Senior Advisor to the CEO recently sold €12m worth of stock On the 27th of February, James Hoffman sold around 40k shares on-market at roughly €298 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €13m. Insiders have been net sellers, collectively disposing of €52m more than they bought in the last 12 months. Upcoming Dividend • Feb 29
Upcoming dividend of US$1.10 per share Eligible shareholders must have bought the stock before 07 March 2024. Payment date: 22 March 2024. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (6.0%). Recent Insider Transactions • Feb 25
President recently sold €13m worth of stock On the 20th of February, Karla Lewis sold around 43k shares on-market at roughly €295 per share. This transaction amounted to 35% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Karla has been a net seller over the last 12 months, reducing personal holdings by €23m. Declared Dividend • Feb 19
Fourth quarter dividend of US$1.10 announced Shareholders will receive a dividend of US$1.10. Ex-date: 7th March 2024 Payment date: 22nd March 2024 Dividend yield will be 1.3%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by both earnings (17% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 32% over the next 3 years. However, it would need to fall by 81% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Feb 16
Full year 2023 earnings released: EPS: US$22.90 (vs US$30.39 in FY 2022) Full year 2023 results: EPS: US$22.90 (down from US$30.39 in FY 2022). Revenue: US$14.8b (down 13% from FY 2022). Net income: US$1.34b (down 27% from FY 2022). Profit margin: 9.0% (down from 11% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 2.2% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Feb 15
Reliance Steel & Aluminum Co. Declares Quarterly Cash Dividend, Payable on March 22, 2024 Reliance Steel & Aluminum Co. announced that On February 13, 2024, the Company’s Board of Directors declared a quarterly cash dividend of $1.10 per share of common stock, an increase of 10.0%, payable on March 22, 2024 to stockholders of record as of March 8, 2024. Aankondiging • Feb 14
Reliance Steel & Aluminum Co. (NYSE:RS) entered into a definitive agreement to acquire American Alloy Steel, Inc. Reliance Steel & Aluminum Co. (NYSE:RS) entered into a definitive agreement to acquire American Alloy Steel, Inc. on February 14, 2024. For the twelve months ended December 31, 2023, annual net sales for American Alloy were approximately $310 million. The current American Alloy team, including management, is expected to remain in place post-closing. The transaction is expected to close within the next 60 days, subject to regulatory approval and customary closing conditions. Aankondiging • Feb 02
Reliance Steel & Aluminum Co. to Report Q4, 2023 Results on Feb 15, 2024 Reliance Steel & Aluminum Co. announced that they will report Q4, 2023 results at 6:50 AM, US Eastern Standard Time on Feb 15, 2024 Recent Insider Transactions • Dec 04
Director & Senior Advisor to the CEO recently sold €2.5m worth of stock On the 30th of November, James Hoffman sold around 10k shares on-market at roughly €250 per share. This transaction amounted to 9.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €33m more than they bought in the last 12 months. Upcoming Dividend • Nov 09
Upcoming dividend of US$1.00 per share at 1.5% yield Eligible shareholders must have bought the stock before 16 November 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (8.8%). Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: US$5.05 (vs US$6.55 in 3Q 2022) Third quarter 2023 results: EPS: US$5.05 (down from US$6.55 in 3Q 2022). Revenue: US$3.62b (down 15% from 3Q 2022). Net income: US$295.0m (down 25% from 3Q 2022). Profit margin: 8.1% (down from 9.3% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 3.5% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 39% per year whereas the company’s share price has increased by 36% per year. Aankondiging • Oct 13
Reliance Steel & Aluminum Co. to Report Q3, 2023 Results on Oct 26, 2023 Reliance Steel & Aluminum Co. announced that they will report Q3, 2023 results at 6:50 AM, US Eastern Standard Time on Oct 26, 2023 Recent Insider Transactions • Sep 03
Director & Senior Advisor to the CEO recently sold €5.2m worth of stock On the 30th of August, James Hoffman sold around 20k shares on-market at roughly €262 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €25m more than they bought in the last 12 months. Recent Insider Transactions • Aug 23
Key Executive recently sold €2.6m worth of stock On the 18th of August, Mark Kaminski sold around 10k shares on-market at roughly €255 per share. This transaction amounted to 35% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Mark's only on-market trade for the last 12 months. Upcoming Dividend • Aug 10
Upcoming dividend of US$1.00 per share at 1.4% yield Eligible shareholders must have bought the stock before 17 August 2023. Payment date: 01 September 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (8.3%). Recent Insider Transactions • Aug 03
Senior VP recently sold €1.6m worth of stock On the 31st of July, William Smith sold around 6k shares on-market at roughly €266 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €16m more than they bought in the last 12 months. Reported Earnings • Jul 28
Second quarter 2023 earnings released: EPS: US$6.56 (vs US$9.29 in 2Q 2022) Second quarter 2023 results: EPS: US$6.56 (down from US$9.29 in 2Q 2022). Revenue: US$3.88b (down 17% from 2Q 2022). Net income: US$385.1m (down 33% from 2Q 2022). Profit margin: 9.9% (down from 12% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 5.0% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 49% per year whereas the company’s share price has increased by 46% per year. Aankondiging • Jul 14
Reliance Steel & Aluminum Co. to Report Q2, 2023 Results on Jul 27, 2023 Reliance Steel & Aluminum Co. announced that they will report Q2, 2023 results at 6:50 AM, US Eastern Standard Time on Jul 27, 2023 Upcoming Dividend • May 18
Upcoming dividend of US$1.00 per share at 1.6% yield Eligible shareholders must have bought the stock before 25 May 2023. Payment date: 09 June 2023. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (8.9%). Reported Earnings • Apr 28
First quarter 2023 earnings released: EPS: US$6.51 (vs US$8.46 in 1Q 2022) First quarter 2023 results: EPS: US$6.51 (down from US$8.46 in 1Q 2022). Revenue: US$3.97b (down 12% from 1Q 2022). Net income: US$383.1m (down 27% from 1Q 2022). Profit margin: 9.7% (down from 12% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to fall by 4.7% p.a. on average during the next 3 years compared to a 1.3% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 02
Upcoming dividend of US$1.00 per share at 1.6% yield Eligible shareholders must have bought the stock before 09 March 2023. Payment date: 24 March 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (8.2%). Recent Insider Transactions • Feb 26
Senior Advisor recently sold €9.2m worth of stock On the 22nd of February, James Hoffman sold around 40k shares on-market at roughly €230 per share. This transaction amounted to 42% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €23m more than they bought in the last 12 months. Aankondiging • Feb 18
Reliance Steel & Aluminum Co. Announces Retirement of John G. Figueroa from Service on the Board and Will Not Stand for Re-Election Reliance Steel & Aluminum Co. announced that on February 14, 2023, John G. Figueroa informed the Company's Board of Directors that he has decided to retire from service on the Board and will not stand for reelection to the Board at the 2023 Annual Meeting of Stockholders. Mr. Figueroa’s decision retire from the Board is not the result of any disagreement with the Company and he will continue to serve as a director of the Company and as a member of the Compensation and the Nominating and Governance Committees until the expiration of his term at the Annual Meeting. The Company thanks Mr. Figueroa for his service on the Board. Reported Earnings • Feb 17
Full year 2022 earnings released: EPS: US$30.39 (vs US$22.35 in FY 2021) Full year 2022 results: EPS: US$30.39 (up from US$22.35 in FY 2021). Revenue: US$17.0b (up 21% from FY 2021). Net income: US$1.84b (up 30% from FY 2021). Profit margin: 11% (in line with FY 2021). Revenue is expected to fall by 7.2% p.a. on average during the next 3 years compared to a 1.6% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Aankondiging • Feb 03
Reliance Steel & Aluminum Co. to Report Q4, 2022 Results on Feb 16, 2023 Reliance Steel & Aluminum Co. announced that they will report Q4, 2022 results at 6:50 AM, US Eastern Standard Time on Feb 16, 2023 Recent Insider Transactions • Dec 06
Executive VP & COO recently sold €1.3m worth of stock On the 2nd of December, Stephen Koch sold around 7k shares on-market at roughly €204 per share. This transaction amounted to 47% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Stephen has been a net seller over the last 12 months, reducing personal holdings by €5.4m. Aankondiging • Nov 19
Reliance Steel & Aluminum Co., Annual General Meeting, May 17, 2023 Reliance Steel & Aluminum Co., Annual General Meeting, May 17, 2023, at 11:00 US Eastern Standard Time. Agenda: AGM. Upcoming Dividend • Nov 10
Upcoming dividend of US$0.88 per share Eligible shareholders must have bought the stock before 17 November 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (9.4%). Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: US$6.55 (vs US$6.25 in 3Q 2021) Third quarter 2022 results: EPS: US$6.55. Revenue: US$4.25b (up 10% from 3Q 2021). Net income: US$393.5m (flat on 3Q 2021). Profit margin: 9.3% (down from 10% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 4.7% p.a. on average during the next 3 years compared to a 3.3% decline forecast for the Metals and Mining industry in Europe. Aankondiging • Oct 28
Reliance Steel & Aluminum Co. Declares Quarterly Cash Dividend, Payable on December 2, 2022 Reliance Steel & Aluminum Co. announced that the Company's Board of Directors declared a quarterly cash dividend of $0.875 per share of common stock, payable on December 2, 2022 to stockholders of record as of November 18, 2022. Aankondiging • Oct 14
Reliance Steel & Aluminum Co. to Report Q3, 2022 Results on Oct 27, 2022 Reliance Steel & Aluminum Co. announced that they will report Q3, 2022 results at 6:50 AM, US Eastern Standard Time on Oct 27, 2022 Aankondiging • Oct 12
Reliance Steel & Aluminum Co Announces Executive Changes Reliance Steel & Aluminum Co announced that James D. Hoffman has announced his intention to step down as Chief Executive Officer on December 31, 2022 and, further, that the company's Board of Directors has unanimously appointed Karla R. Lewis to succeed Mr. Hoffman as CEO effective January 1, 2023. Mr. Hoffman will remain on Reliance's Board of Directors and will continue in his role as CEO through the end of 2022, after which he will serve as Senior Advisor to the CEO until his retirement in December 2023. Karla Lewis joined Reliance in 1992 as Corporate Controller. She served as Chief Financial Officer from 1999 until January 2021, and was promoted to Senior Vice President in 2000, Executive Vice President in 2002 and Senior Executive Vice President in 2015. She was appointed a director and President of Reliance in January 2021. Mrs. Lewis will retain her current position as President, serving as Reliance's President and CEO upon her promotion. Recent Insider Transactions • Aug 13
Senior VP recently sold €551k worth of stock On the 10th of August, William Smith sold around 3k shares on-market at roughly €186 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €26m more than they bought in the last 12 months. Upcoming Dividend • Aug 11
Upcoming dividend of US$0.88 per share Eligible shareholders must have bought the stock before 18 August 2022. Payment date: 02 September 2022. Payout ratio is a comfortable 10% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (9.3%). Reported Earnings • Jul 29
Second quarter 2022 earnings released: EPS: US$9.29 (vs US$5.17 in 2Q 2021) Second quarter 2022 results: EPS: US$9.29 (up from US$5.17 in 2Q 2021). Revenue: US$4.68b (up 37% from 2Q 2021). Net income: US$572.8m (up 74% from 2Q 2021). Profit margin: 12% (up from 9.6% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 8.9% compared to a 26% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Aankondiging • Jul 15
Reliance Steel & Aluminum Co. to Report Q2, 2022 Results on Jul 28, 2022 Reliance Steel & Aluminum Co. announced that they will report Q2, 2022 results at 6:50 AM, US Eastern Standard Time on Jul 28, 2022 Aankondiging • May 20
Reliance Steel & Aluminum Co. Announces Management Changes Reliance Steel & Aluminum Co. announced the retirement of Michael P. Shanley as its Senior Vice President, Operations, effective December 31, 2022. In advance of his retirement, Mr. Shanley will transition from his current position to the role of Special Advisor, effective July 1, 2022. As Special Advisor, Mr. Shanley will report directly to Jim Hoffman, Reliance’s Chief Executive Officer, to facilitate the transition of his role as well as support other special projects. Consistent with the Board’s executive leadership succession plan at all levels of the organization, Reliance also announced the promotion of Stephen P. Koch to Executive Vice President and Chief Operating Officer, and the promotion of Michael R. Hynes to Senior Vice President, Operations, both effective July 1, 2022. Mr. Koch’s responsibilities will include the oversight of operations throughout Reliance, including safety and organic growth, as well as the Company’s information technology strategy. Mr. Hynes’ responsibilities will include overseeing the performance of a number of Reliance operations, providing strategic direction and general management guidance. Mr. Koch currently serves as Senior Vice President, Operations, a role he has held since 2010. Previously, Mr. Koch was President of Chapel Steel Corp., a wholly-owned subsidiary of Reliance, where he was responsible for their network of eight metal service center locations in the U.S. Mr. Koch joined Chapel Steel in 1988 and held various sales and management positions before being named President. Mr. Hynes currently serves as President of Phoenix Metals, a wholly-owned subsidiary of Reliance with a network of 14 metal service center locations across the U.S. Mr. Hynes has 34 years of experience in the metals service center industry with the last 17 years at Reliance. He has held various positions of increasing responsibility at Reliance Metalcenter Union City and Phoenix Metals, where he was named President in 2019. Upcoming Dividend • May 19
Upcoming dividend of US$0.88 per share Eligible shareholders must have bought the stock before 26 May 2022. Payment date: 10 June 2022. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (7.9%). Recent Insider Transactions • May 10
Senior Vice President of Operations recently sold €1.9m worth of stock On the 6th of May, Jeffrey Durham sold around 10k shares on-market at roughly €185 per share. In the last 3 months, there was an even bigger sale from another insider worth €11m. Insiders have been net sellers, collectively disposing of €26m more than they bought in the last 12 months. Reported Earnings • Apr 29
First quarter 2022 earnings released: EPS: US$8.46 (vs US$4.19 in 1Q 2021) First quarter 2022 results: EPS: US$8.46 (up from US$4.19 in 1Q 2021). Revenue: US$4.49b (up 58% from 1Q 2021). Net income: US$523.3m (up 96% from 1Q 2021). Profit margin: 12% (up from 9.4% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 1.9% compared to a 33% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Frank Dellaquila was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Apr 15
Reliance Steel & Aluminum Co. to Report Q1, 2022 Results on Apr 28, 2022 Reliance Steel & Aluminum Co. announced that they will report Q1, 2022 results at 6:50 AM, US Eastern Standard Time on Apr 28, 2022 Upcoming Dividend • Mar 03
Upcoming dividend of US$0.88 per share Eligible shareholders must have bought the stock before 10 March 2022. Payment date: 25 March 2022. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (8.8%). Recent Insider Transactions • Feb 25
Senior VP recently sold €2.7m worth of stock On the 22nd of February, William Smith sold around 18k shares on-market at roughly €155 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €4.7m more than they bought in the last 12 months. Reported Earnings • Feb 18
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$22.35 (up from US$5.74 in FY 2020). Revenue: US$14.1b (up 60% from FY 2020). Net income: US$1.41b (up 283% from FY 2020). Profit margin: 10.0% (up from 4.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 7.2%, compared to a 13% growth forecast for the mining industry in Germany. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 24% per year. 
