RS · NYSE · Steel

Reliance (RS)

Distributes and processes metals through a decentralized service-center network.

$382.49
vs last close−2.16 (−0.56%)
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Reliance Steel & Aluminum Co.RS
Materials

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

CEOKarla R. Lewis
ListedSep 16, 1994
ExchangeNYSE
HeadquartersPhoenix, AZ
CountryUnited States
Employees15,700
CIK0000861884
ISINUS7595091023

Market cap$19.64B
EPS (ttm)$17.19
P/E (ttm)22.38
ROE12.3%
P/B2.65
P/S1.24
Dividend yieldDiv yield1.29%
Beta0.61vs XLB 0.66

Price target$381.00−0.9%Average of 27 analysts
ConsensusHold16 of 27 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Jul 9, 2026Wells FargoReiterate
Rating: Target: $376
Rating: Equal WeightTarget: $372
Jun 23, 2026KeyBancReiterate
Rating: Target: $378
Rating: OverweightTarget: $418
Jun 4, 2026Wells FargoReiterate
Rating: Target: $330
Rating: Equal WeightTarget: $376
Apr 28, 2026Seaport GlobalReiterate
Rating: Target: $340
Rating: BuyTarget: $390
Apr 27, 2026BMO CapitalReiterate
Rating: Target: $320
Rating: Market PerformTarget: $350

Next report
Oct 21, 26
in 29 days
EPS estimate
$6.79
Revenue estimate
$4.71B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$2.22$3.77$4.43$3.64$2.40$5.16$6.27Pending
Estimate$2.74$3.64$4.68$3.68$2.83$4.63$5.47$6.79
Surprise−19.0%+3.6%−5.3%−1.1%−15.2%+11.4%+14.6%

RevenueReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$3.13B$3.48B$3.66B$3.65B$3.50B$4.03B$4.63BPending
Estimate$3.06B$3.44B$3.66B$3.44B$3.45B$3.89B$4.26B$4.71B
Surprise+2.3%+1.4%0.0%+6.0%+1.5%+3.5%+8.7%
Estimate$6.79
ReportedDue Oct 21, 2026
Estimate$4.71B
ReportedDue Oct 21, 2026
View details

Debt to equity27.00%
Current ratio429.70%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$3.42B$3.13B$3.48B$3.66B$3.65B$3.50B$4.03B$4.63B
Net income$199.2M$105.3M$199.7M$233.7M$189.5M$116.5M$266.3M$322.9M
Net margin5.8%3.4%5.7%6.4%5.2%3.3%6.6%7.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$278.5M$152.5M$274.4M$312.2M$259.8M$176.2M$367.9M$441.6M
YoY growth−28.5%−53.1%−30.2%−11.2%−6.7%+15.5%+34.1%+41.4%

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
View details

Dividend yield
1.29%
Next ex-date
Nov 14, 26
estimated · in 53 days
Annual dividend
$4.95
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Nov '24Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26
Dividend$1.10$1.20$1.20$1.20$1.20$1.25$1.25$1.25
Annual yield1.38%1.56%1.58%1.64%1.74%1.60%1.34%1.16%
Ex-dateNov 22Mar 7May 23Aug 15Nov 21Mar 6May 22Aug 14
Payment dateDec 6Mar 21Jun 6Aug 29Dec 5Mar 20Jun 5Aug 28
View details

Institutions83.08%42.42M shares
699 holders · as of Jun 30, 2026
Insiders0.45%227.3K shares
13 holders · as of Aug 27, 2026
Other16.47%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

HolderStakeSharesDate
BlackRock, Inc.Institution
11.38%5.81Mas of Jun 30, 2026
Vanguard Portfolio Management LLCInstitution
6.44%3.29Mas of Jun 30, 2026
State Street CorpInstitution
5.14%2.63Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
4.52%2.31Mas of Jun 30, 2026
Boston PartnersInstitution
4.30%2.20Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 26, 2026Karen Winifred Coloniasdirector−1,542$390.13
Jul 31, 2026Arthur Ajemyanofficer: SVP, CFO−2,200$410.11
Jul 28, 2026William A. II Smithofficer: SVP, General Counsel, Corp Sec−2,353$414.21
Apr 27, 2026Arthur Ajemyanofficer: SVP, CFO−3,500$358.12
Mar 9, 2026William A. II Smithofficer: SVP, General Counsel, Corp Sec−6,615$298.61
View details

  • Ryerson

    Broad North American rival in metals distribution and processing

  • Worthington Steel

    Processing-focused rival enlarged by the Klöckner acquisition

Compare

CompanyPriceChange
Reliance$382.49−0.56%$19.64B22.415.51.2+26.5%
Ryerson$24.00+0.25%$1.24B12.30.2+72.7%
Worthington Steel$33.41+0.21%$1.70B95.39.80.5+11.6%
Median95.311.10.4+42.1%