Reliance Future Growth

Future criteria checks 0/6

Reliance's earnings are forecast to decline at 3.4% per annum while its annual revenue is expected to grow at 1.2% per year. EPS is expected to decline by 3% per annum. Return on equity is forecast to be 12.1% in 3 years.

Key information

-3.4%

Earnings growth rate

-3.0%

EPS growth rate

Metals and Mining earnings growth	19.4%
Revenue growth rate	1.2%
Future return on equity	12.1%
Analyst coverage	Good
Last updated	16 Dec 2024

Recent future growth updates

Reliance, Inc. (NYSE:RS) Just Released Its Third-Quarter Results And Analysts Are Updating Their Estimates

Oct 27

Earnings Miss: Reliance, Inc. Missed EPS By 5.5% And Analysts Are Revising Their Forecasts

Apr 28

Recent updates

We Think Reliance (NYSE:RS) Can Stay On Top Of Its Debt

Nov 18

Reliance, Inc. (NYSE:RS) Just Released Its Third-Quarter Results And Analysts Are Updating Their Estimates

Oct 27

Improved Earnings Required Before Reliance, Inc. (NYSE:RS) Shares Find Their Feet

Oct 20

Earnings Miss: Reliance, Inc. Missed EPS By 5.5% And Analysts Are Revising Their Forecasts

Apr 28

Reliance (NYSE:RS) Has A Pretty Healthy Balance Sheet

Apr 19

Little Excitement Around Reliance, Inc.'s (NYSE:RS) Earnings

Mar 19

Reliance Steel & Aluminum's (NYSE:RS) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 27

Reliance Steel & Aluminum: A Very Reliable Operator

Feb 18

Why The 20% Return On Capital At Reliance Steel & Aluminum (NYSE:RS) Should Have Your Attention

Jan 18

Reliance Steel: Wait For A Pullback Before Buying

Dec 07

Reliance Steel & Aluminum: Not A High Growth Company Despite Acquisitions

Sep 22

Reliance Steel: Exuberant Margins Reverting To The Mean

Jul 11

Reliance Steel & Aluminum: An Attractive Dividend Score Card, Buy

May 31

Reliance Steel & Aluminum Q4 2022 Earnings Preview

Feb 15

Earnings and Revenue Growth Forecasts

NYSE:RS - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	14,360	961	288	651	4
12/31/2025	14,104	940	887	1,356	6
12/31/2024	13,807	920	1,063	1,400	5
9/30/2024	14,046	1,043	1,052	1,482	N/A
6/30/2024	14,248	1,138	1,042	1,484	N/A
3/31/2024	14,485	1,256	938	1,413	N/A
12/31/2023	14,806	1,336	1,203	1,671	N/A
9/30/2023	15,079	1,414	1,504	1,954	N/A
6/30/2023	15,704	1,512	1,703	2,124	N/A
3/31/2023	16,505	1,700	1,721	2,099	N/A
12/31/2022	17,025	1,840	1,777	2,119	N/A
9/30/2022	17,403	1,911	1,396	1,704	N/A
6/30/2022	17,003	1,913	943	1,210	N/A
3/31/2022	15,741	1,669	782	1,042	N/A
12/31/2021	14,093	1,413	563	799	N/A
9/30/2021	12,239	1,121	420	636	N/A
6/30/2021	10,477	823	591	790	N/A
3/31/2021	9,077	574	1,004	1,164	N/A
12/31/2020	8,812	369	1,001	1,173	N/A
9/30/2020	9,126	405	1,096	1,290	N/A
6/30/2020	9,726	470	1,270	1,485	N/A
3/31/2020	10,590	573	1,110	1,355	N/A
12/31/2019	10,974	702	1,059	1,302	N/A
9/30/2019	11,340	622	1,115	1,385	N/A
6/30/2019	11,629	607	766	1,031	N/A
3/31/2019	11,734	655	517	769	N/A
12/31/2018	11,535	634	425	665	N/A
9/30/2018	11,097	850	238	434	N/A
6/30/2018	10,573	799	N/A	481	N/A
3/31/2018	10,059	671	N/A	433	N/A
12/31/2017	9,721	613	N/A	399	N/A
9/30/2017	9,406	374	N/A	437	N/A
6/30/2017	9,141	326	N/A	437	N/A
3/31/2017	8,870	324	N/A	450	N/A
12/31/2016	8,613	304	N/A	627	N/A
9/30/2016	8,578	311	N/A	696	N/A
6/30/2016	8,679	313	N/A	766	N/A
3/31/2016	8,899	302	N/A	1,009	N/A
12/31/2015	9,351	312	N/A	1,025	N/A
9/30/2015	9,901	335	N/A	910	N/A
6/30/2015	10,320	379	N/A	710	N/A
3/31/2015	10,513	386	N/A	459	N/A
12/31/2014	10,452	372	N/A	356	N/A
9/30/2014	10,182	341	N/A	283	N/A
6/30/2014	9,920	341	N/A	459	N/A
3/31/2014	9,752	325	N/A	630	N/A
12/31/2013	9,224	322	N/A	633	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: RS's earnings are forecast to decline over the next 3 years (-3.4% per year).

Earnings vs Market: RS's earnings are forecast to decline over the next 3 years (-3.4% per year).

High Growth Earnings: RS's earnings are forecast to decline over the next 3 years.

Revenue vs Market: RS's revenue (1.2% per year) is forecast to grow slower than the US market (9.1% per year).

High Growth Revenue: RS's revenue (1.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: RS's Return on Equity is forecast to be low in 3 years time (12.1%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 13:42
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Reliance, Inc. is covered by 31 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Ishan Majumdar	Baptista Research
David Gagliano	BMO Capital Markets Equity Research
Katja Jancic	BMO Capital Markets Equity Research

Reliance Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Reliance, Inc. (NYSE:RS) Just Released Its Third-Quarter Results And Analysts Are Updating Their Estimates

Earnings Miss: Reliance, Inc. Missed EPS By 5.5% And Analysts Are Revising Their Forecasts

Reliance, Inc. Provides Sales Guidance for the Second Quarter of 2024

Price target increased by 13% to US$333

Reliance Steel & Aluminum Co. Provides Earnings Guidance for the Fourth Quarter of 2023

Reliance Steel & Aluminum Co. Provides Earnings Guidance for the Third Quarter of 2023

Recent updates

President recently sold US$1.3m worth of stock

President notifies of intention to sell stock

We Think Reliance (NYSE:RS) Can Stay On Top Of Its Debt

Upcoming dividend of US$1.10 per share

Senior VP recently sold US$2.1m worth of stock

Insufficient new directors

Key Executive notifies of intention to sell stock

Reliance, Inc. (NYSE:RS) Just Released Its Third-Quarter Results And Analysts Are Updating Their Estimates

Third quarter dividend of US$1.10 announced

Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Reliance, Inc. Declares a Quarterly Cash Dividend, Payable on December 6, 2024

Improved Earnings Required Before Reliance, Inc. (NYSE:RS) Shares Find Their Feet

Investors Will Want Reliance's (NYSE:RS) Growth In ROCE To Persist

Reliance, Inc. Announces Boars Changes

Reliance: Unlikely To Break New Highs

Senior Vice President of Operations notifies of intention to sell stock

Upcoming dividend of US$1.10 per share

Insufficient new directors

Is Reliance (NYSE:RS) Using Too Much Debt?

Second quarter dividend of US$1.10 announced

Second quarter 2024 earnings: Revenues and EPS in line with analyst expectations

Reliance, Inc. Declares Quarterly Cash Dividend, Payable on August 30, 2024

There Is A Reason Reliance, Inc.'s (NYSE:RS) Price Is Undemanding

Reliance, Inc.(NYSE:RS) dropped from Russell 1000 Dynamic Index

Calculating The Intrinsic Value Of Reliance, Inc. (NYSE:RS)

Executive VP & COO recently sold US$6.0m worth of stock

Executive VP & COO notifies of intention to sell stock

Reliance: Exceptional Fundamentals With Compounding Returns

Reliance (NYSE:RS) Is Experiencing Growth In Returns On Capital

Upcoming dividend of US$1.10 per share

Director & Senior Advisor to the CEO recently sold US$1.4m worth of stock

Director & Senior Advisor to the CEO notifies of intention to sell stock

Earnings Miss: Reliance, Inc. Missed EPS By 5.5% And Analysts Are Revising Their Forecasts

First quarter dividend of US$1.10 announced

Reliance, Inc. Provides Sales Guidance for the Second Quarter of 2024

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Reliance (NYSE:RS) Has A Pretty Healthy Balance Sheet

Reliance, Inc. (NYSE:RS) completed the acquisition of American Alloy Steel, Inc.

Reliance, Inc. (NYSE:RS) acquired MidWest Materials, Inc.

Little Excitement Around Reliance, Inc.'s (NYSE:RS) Earnings

Director & Senior Advisor to the CEO recently sold US$13m worth of stock

Director & Senior Advisor to the CEO notifies of intention to sell stock

Upcoming dividend of US$1.10 per share

Reliance Steel & Aluminum's (NYSE:RS) Shareholders Will Receive A Bigger Dividend Than Last Year

President recently sold US$14m worth of stock

President notifies of intention to sell stock

Price target increased by 13% to US$333

Reliance Steel & Aluminum: A Very Reliable Operator

Fourth quarter dividend increased to US$1.10

Full year 2023 earnings: EPS exceeds analyst expectations

Reliance Steel & Aluminum Co. Declares Quarterly Cash Dividend, Payable on March 22, 2024

Reliance Steel & Aluminum Co. (NYSE:RS) entered into a definitive agreement to acquire American Alloy Steel, Inc.

Reliance Steel & Aluminum Co. to Report Q4, 2023 Results on Feb 15, 2024

Why The 20% Return On Capital At Reliance Steel & Aluminum (NYSE:RS) Should Have Your Attention

Reliance Steel: Wait For A Pullback Before Buying

Director & Senior Advisor to the CEO notifies of intention to sell stock

Director & Senior Advisor to the CEO recently sold US$2.7m worth of stock

Reliance Steel & Aluminum Co. to Report Q2, 2024 Results on Jul 25, 2024

Upcoming dividend of US$1.00 per share at 1.5% yield

Reliance Steel & Aluminum Co. Provides Earnings Guidance for the Fourth Quarter of 2023

Third quarter 2023 earnings: Revenues and EPS in line with analyst expectations

Reliance Steel & Aluminum Co. to Report Q3, 2023 Results on Oct 26, 2023

Reliance Steel & Aluminum: Not A High Growth Company Despite Acquisitions

President recently sold US$9.1m worth of stock

Director & Senior Advisor to the CEO notifies of intention to sell stock

Key Executive recently sold US$2.8m worth of stock

Key Executive notifies of intention to sell stock

Upcoming dividend of US$1.00 per share at 1.4% yield

Senior VP recently sold US$1.8m worth of stock

Reliance Steel & Aluminum Q4 2022 Earnings Preview