Reliance Past Earnings Performance
Past criteria checks 2/6
Reliance has been growing earnings at an average annual rate of 14.9%, while the Metals and Mining industry saw earnings growing at 16.3% annually. Revenues have been growing at an average rate of 9.3% per year. Reliance's return on equity is 12.1%, and it has net margins of 6.3%.
Key information
14.9%
Earnings growth rate
17.4%
EPS growth rate
| Metals and Mining Industry Growth | 26.4% |
| Revenue growth rate | 9.3% |
| Return on equity | 12.1% |
| Net Margin | 6.3% |
| Last Earnings Update | 31 Dec 2024 |
Recent past performance updates
Recent updates
Reliance (NYSE:RS) Seems To Use Debt Quite Sensibly
Feb 19
Reliance, Inc.'s (NYSE:RS) Earnings Are Not Doing Enough For Some Investors
Feb 04Reliance (NYSE:RS) Hasn't Managed To Accelerate Its Returns
Jan 17Reliance: As Strong As Steel
Dec 22We Think Reliance (NYSE:RS) Can Stay On Top Of Its Debt
Nov 18Reliance, Inc. (NYSE:RS) Just Released Its Third-Quarter Results And Analysts Are Updating Their Estimates
Oct 27Improved Earnings Required Before Reliance, Inc. (NYSE:RS) Shares Find Their Feet
Oct 20Investors Will Want Reliance's (NYSE:RS) Growth In ROCE To Persist
Oct 04Reliance: Unlikely To Break New Highs
Sep 19Is Reliance (NYSE:RS) Using Too Much Debt?
Jul 31There Is A Reason Reliance, Inc.'s (NYSE:RS) Price Is Undemanding
Jul 16Calculating The Intrinsic Value Of Reliance, Inc. (NYSE:RS)
Jun 19Reliance: Exceptional Fundamentals With Compounding Returns
Jun 01Reliance (NYSE:RS) Is Experiencing Growth In Returns On Capital
May 22Earnings Miss: Reliance, Inc. Missed EPS By 5.5% And Analysts Are Revising Their Forecasts
Apr 28Reliance (NYSE:RS) Has A Pretty Healthy Balance Sheet
Apr 19Little Excitement Around Reliance, Inc.'s (NYSE:RS) Earnings
Mar 19Reliance Steel & Aluminum's (NYSE:RS) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 27Reliance Steel & Aluminum: A Very Reliable Operator
Feb 18Reliance Steel: Wait For A Pullback Before Buying
Dec 07Reliance Steel & Aluminum: Not A High Growth Company Despite Acquisitions
Sep 22Reliance Steel: Exuberant Margins Reverting To The Mean
Jul 11Reliance Steel & Aluminum: An Attractive Dividend Score Card, Buy
May 31Revenue & Expenses Breakdown
How Reliance makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 24 | 13,835 | 875 | 2,666 | 0 |
| 30 Sep 24 | 14,046 | 1,043 | 2,633 | 0 |
| 30 Jun 24 | 14,248 | 1,138 | 2,600 | 0 |
| 31 Mar 24 | 14,485 | 1,256 | 2,583 | 0 |
| 31 Dec 23 | 14,806 | 1,336 | 2,562 | 0 |
| 30 Sep 23 | 15,079 | 1,414 | 2,542 | 0 |
| 30 Jun 23 | 15,704 | 1,512 | 2,546 | 0 |
| 31 Mar 23 | 16,505 | 1,700 | 2,544 | 0 |
| 31 Dec 22 | 17,025 | 1,840 | 2,504 | 0 |
| 30 Sep 22 | 17,403 | 1,911 | 2,510 | 0 |
| 30 Jun 22 | 17,003 | 1,913 | 2,487 | 0 |
| 31 Mar 22 | 15,741 | 1,669 | 2,402 | 0 |
| 31 Dec 21 | 14,093 | 1,413 | 2,307 | 0 |
| 30 Sep 21 | 12,239 | 1,121 | 2,173 | 0 |
| 30 Jun 21 | 10,477 | 823 | 2,011 | 0 |
| 31 Mar 21 | 9,077 | 574 | 1,880 | 0 |
| 31 Dec 20 | 8,812 | 369 | 1,885 | 0 |
| 30 Sep 20 | 9,126 | 405 | 1,916 | 0 |
| 30 Jun 20 | 9,726 | 470 | 1,990 | 0 |
| 31 Mar 20 | 10,590 | 573 | 2,088 | 0 |
| 31 Dec 19 | 10,974 | 702 | 2,098 | 0 |
| 30 Sep 19 | 11,340 | 622 | 2,089 | 0 |
| 30 Jun 19 | 11,629 | 607 | 2,100 | 0 |
| 31 Mar 19 | 11,734 | 655 | 2,104 | 0 |
| 31 Dec 18 | 11,535 | 634 | 2,091 | 0 |
| 30 Sep 18 | 11,097 | 850 | 2,072 | 0 |
| 30 Jun 18 | 10,573 | 799 | 2,013 | 0 |
| 31 Mar 18 | 10,059 | 671 | 1,953 | 0 |
| 31 Dec 17 | 9,721 | 613 | 1,910 | 0 |
| 30 Sep 17 | 9,406 | 374 | 1,868 | 0 |
| 30 Jun 17 | 9,141 | 326 | 1,848 | 0 |
| 31 Mar 17 | 8,870 | 324 | 1,827 | 0 |
| 31 Dec 16 | 8,613 | 304 | 1,800 | 0 |
| 30 Sep 16 | 8,578 | 311 | 1,776 | 0 |
| 30 Jun 16 | 8,679 | 313 | 1,754 | 0 |
| 31 Mar 16 | 8,899 | 302 | 1,740 | 0 |
| 31 Dec 15 | 9,351 | 312 | 1,728 | 0 |
| 30 Sep 15 | 9,901 | 335 | 1,748 | 0 |
| 30 Jun 15 | 10,320 | 379 | 1,779 | 0 |
| 31 Mar 15 | 10,513 | 386 | 1,782 | 0 |
| 31 Dec 14 | 10,452 | 372 | 1,767 | 0 |
| 30 Sep 14 | 10,182 | 341 | 1,758 | 0 |
| 30 Jun 14 | 9,920 | 341 | 1,724 | 0 |
| 31 Mar 14 | 9,752 | 325 | 1,698 | 0 |
Quality Earnings: RS has high quality earnings.
Growing Profit Margin: RS's current net profit margins (6.3%) are lower than last year (9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RS's earnings have grown by 14.9% per year over the past 5 years.
Accelerating Growth: RS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RS had negative earnings growth (-34.5%) over the past year, making it difficult to compare to the Metals and Mining industry average (-32.9%).
Return on Equity
High ROE: RS's Return on Equity (12.1%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/22 04:27 |
| End of Day Share Price | 2025/02/21 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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 28 analysts. 7 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 |
| Alexander Robert Pearce | BMO Capital Markets Equity Research |
| Seth Rosenfeld | BNP Paribas Exane |