Reliance (RS)
Distributes and processes metals through a decentralized service-center network.
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Distributes carbon steel, aluminum, stainless steel and specialty metals, with processing included on roughly half of orders. A decentralized family of service centers combines local decision-making with broad inventory, while results depend on metal prices, cyclical demand, acquisitions and systems integration.
Distributes carbon steel, aluminum, stainless steel, alloy products, copper and brass through a single metals-service-centers segment. Toll processing, logistics, precision fabrication and other value-added work complement product sales, with roughly half of orders including processing.
Operates through a decentralized family of companies spread across hundreds of locations, concentrated in the United States with an international presence. Local managers hold substantial authority, supporting small-order service, fast inventory movement and customer-specific processing; shared information and group resources connect the network.
Expands through acquisitions and equipment investment that add products, capabilities, customers and geography without moving outside metal distribution and processing. Metal-price changes, cyclical industrial demand, acquisition integration, decentralized compliance visibility and enterprise-wide systems integration shape execution.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Jul 9, 2026 | Wells Fargo | Reiterate | Rating: —Target: $376 | Target: $372 |
| Jun 23, 2026 | KeyBanc | Reiterate | Rating: —Target: $378 | Target: $418 |
| Jun 4, 2026 | Wells Fargo | Reiterate | Rating: —Target: $330 | Target: $376 |
| Apr 28, 2026 | Seaport Global | Reiterate | Rating: —Target: $340 | Target: $390 |
| Apr 27, 2026 | BMO Capital | Reiterate | Rating: —Target: $320 | Target: $350 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $235.4M · Total debt $2.00B · Total assets $11.17B · Shareholders' equity $7.40B
- Revenue
- $4.63B
- Operating income
- $441.6M
- Net income
- $322.9M
HistoryDividendAnnual yield
| Institutions | 83.08% | 42.42M shares | |
|---|---|---|---|
| 699 holders · as of Jun 30, 2026 | |||
| Insiders | 0.45% | 227.3K shares | |
| 13 holders · as of Aug 27, 2026 | |||
| Other | 16.47% | 8.41M shares | |
| remainder | |||
51.05M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 11.38% | 5.81M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 6.44% | 3.29M | as of Jun 30, 2026 |
State Street CorpInstitution | 5.14% | 2.63M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 4.52% | 2.31M | as of Jun 30, 2026 |
Boston PartnersInstitution | 4.30% | 2.20M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 26, 2026 | Karen Winifred Colonias | director | −1,542 | $390.13 |
| Jul 31, 2026 | Arthur Ajemyan | officer: SVP, CFO | −2,200 | $410.11 |
| Jul 28, 2026 | William A. II Smith | officer: SVP, General Counsel, Corp Sec | −2,353 | $414.21 |
| Apr 27, 2026 | Arthur Ajemyan | officer: SVP, CFO | −3,500 | $358.12 |
| Mar 9, 2026 | William A. II Smith | officer: SVP, General Counsel, Corp Sec | −6,615 | $298.61 |
- Ryerson
Broad North American rival in metals distribution and processing
- Worthington Steel
Processing-focused rival enlarged by the Klöckner acquisition
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Reliance | $382.49 | −0.56% | $19.64B | 22.4 | 15.5 | 1.2 | +26.5% |
| Ryerson | $24.00 | +0.25% | $1.24B | — | 12.3 | 0.2 | +72.7% |
| Worthington Steel | $33.41 | +0.21% | $1.70B | 95.3 | 9.8 | 0.5 | +11.6% |
| Median | 95.3 | 11.1 | 0.4 | +42.1% |




