Reliance, Inc.

NYSE:RS Stock Report

Market Cap: US$15.3b

Reliance Balance Sheet Health

Financial Health criteria checks 6/6

Reliance has a total shareholder equity of $7.3B and total debt of $1.4B, which brings its debt-to-equity ratio to 18.9%. Its total assets and total liabilities are $10.5B and $3.2B respectively. Reliance's EBIT is $1.0B making its interest coverage ratio 34.7. It has cash and short-term investments of $261.2M.

Key information

18.89%

Debt to equity ratio

US$1.38b

Debt

Interest coverage ratio34.7x
CashUS$261.20m
EquityUS$7.32b
Total liabilitiesUS$3.23b
Total assetsUS$10.55b

Recent financial health updates

These 4 Measures Indicate That Reliance (NYSE:RS) Is Using Debt Reasonably Well

Jul 02
These 4 Measures Indicate That Reliance (NYSE:RS) Is Using Debt Reasonably Well

Reliance (NYSE:RS) Seems To Use Debt Quite Sensibly

Feb 19
Reliance (NYSE:RS) Seems To Use Debt Quite Sensibly

Recent updates

Reliance, Inc.'s (NYSE:RS) Earnings Haven't Escaped The Attention Of Investors

Dec 23
Reliance, Inc.'s (NYSE:RS) Earnings Haven't Escaped The Attention Of Investors

The Returns At Reliance (NYSE:RS) Aren't Growing

Nov 18
The Returns At Reliance (NYSE:RS) Aren't Growing

Reliance: Stable; Awaiting A Recovery

Oct 26

These 4 Measures Indicate That Reliance (NYSE:RS) Is Using Debt Reasonably Well

Jul 02
These 4 Measures Indicate That Reliance (NYSE:RS) Is Using Debt Reasonably Well

A Look At The Fair Value Of Reliance, Inc. (NYSE:RS)

Jun 18
A Look At The Fair Value Of Reliance, Inc. (NYSE:RS)

Some Shareholders Feeling Restless Over Reliance, Inc.'s (NYSE:RS) P/E Ratio

May 23
Some Shareholders Feeling Restless Over Reliance, Inc.'s (NYSE:RS) P/E Ratio

Reliance (NYSE:RS) Has More To Do To Multiply In Value Going Forward

Apr 25
Reliance (NYSE:RS) Has More To Do To Multiply In Value Going Forward

A Look At The Intrinsic Value Of Reliance, Inc. (NYSE:RS)

Mar 15
A Look At The Intrinsic Value Of Reliance, Inc. (NYSE:RS)

Reliance's (NYSE:RS) Dividend Will Be Increased To $1.20

Mar 01
Reliance's (NYSE:RS) Dividend Will Be Increased To $1.20

Reliance (NYSE:RS) Seems To Use Debt Quite Sensibly

Feb 19
Reliance (NYSE:RS) Seems To Use Debt Quite Sensibly

Reliance, Inc.'s (NYSE:RS) Earnings Are Not Doing Enough For Some Investors

Feb 04
Reliance, Inc.'s (NYSE:RS) Earnings Are Not Doing Enough For Some Investors

Reliance (NYSE:RS) Hasn't Managed To Accelerate Its Returns

Jan 17
Reliance (NYSE:RS) Hasn't Managed To Accelerate Its Returns

Reliance: As Strong As Steel

Dec 22

Reliance: Unlikely To Break New Highs

Sep 19
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Strategic Growth And Value-Added Moves Meet Challenges In Pricing And Market Conditions

Reliance's strategic expansions and diversification into new sectors could lessen cyclical volatility and open new revenue channels.

Reliance: Exceptional Fundamentals With Compounding Returns

Jun 01

Financial Position Analysis

Short Term Liabilities: RS's short term assets ($4.4B) exceed its short term liabilities ($984.0M).

Long Term Liabilities: RS's short term assets ($4.4B) exceed its long term liabilities ($2.2B).

Debt to Equity History and Analysis

Debt Level: RS's net debt to equity ratio (15.3%) is considered satisfactory.

Reducing Debt: RS's debt to equity ratio has reduced from 32.6% to 18.9% over the past 5 years.

Debt Coverage: RS's debt is well covered by operating cash flow (74.4%).

Interest Coverage: RS's interest payments on its debt are well covered by EBIT (34.7x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/30 04:29
End of Day Share Price 2025/12/30 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Reliance, Inc. is covered by 21 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alexander Robert PearceBMO Capital Markets Equity Research
Katja JancicBMO Capital Markets Equity Research
Seth RosenfeldBNP Paribas