Reliance, Inc. financial data

Symbol
RS on NYSE
Industry
Wholesale-Metals Service Centers & of fices
Location
16100 N. 71 St Street, Suite 400, Scottsdale, Arizona
State of incorporation
Delaware
Fiscal year end
December 31
Former names
RELIANCE STEEL & ALUMINUM CO (to 1/24/2024)
Latest financial report
Q1 2024 - May 2, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 552 % +56.1%
Quick Ratio 242 % +56.6%
Operating Margin 11.8 % -20.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 57.4 M shares -2.32%
Common Stock, Shares, Outstanding 57.4 M shares -2.4%
Entity Public Float 15.8 B USD +53.6%
Weighted Average Number of Shares Outstanding, Basic 57.3 M shares -2.54%
Weighted Average Number of Shares Outstanding, Diluted 57.9 M shares -2.78%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 14.8 B USD -13%
Revenue from Contract with Customer, Excluding Assessed Tax 14.5 B USD -12.2%
Costs and Expenses 12.9 B USD -9.39%
Operating Income (Loss) 1.62 B USD -29.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.63 B USD -27.4%
Income Tax Expense (Benefit) 369 M USD -31.4%
Earnings Per Share, Basic 21.7 USD/shares -23.8%
Earnings Per Share, Diluted 21.4 USD/shares -23.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 935 M USD +14.5%
Accounts Receivable, after Allowance for Credit Loss, Current 1.69 B USD -6.35%
Inventory, Net 2.17 B USD +9.36%
Assets, Current 4.92 B USD +4.48%
Property, Plant and Equipment, Net 2.31 B USD +14.1%
Operating Lease, Right-of-Use Asset 231 M USD +6.17%
Intangible Assets, Net (Excluding Goodwill) 986 M USD -2.17%
Goodwill 2.13 B USD +0.91%
Assets 10.7 B USD +4.99%
Accounts Payable, Current 450 M USD -17.5%
Employee-related Liabilities, Current 140 M USD -2.71%
Accrued Liabilities, Current 118 M USD +4.05%
Liabilities, Current 857 M USD -12.1%
Deferred Income Tax Liabilities, Net 493 M USD +3.55%
Operating Lease, Liability, Noncurrent 178 M USD +7.43%
Other Liabilities, Noncurrent 70.8 M USD +14.4%
Liabilities 2.77 B USD
Accumulated Other Comprehensive Income (Loss), Net of Tax -93.3 M USD -7.86%
Retained Earnings (Accumulated Deficit) 8.03 B USD +7.99%
Stockholders' Equity Attributable to Parent 7.93 B USD +7.99%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 7.94 B USD +8%
Liabilities and Equity 10.7 B USD +4.99%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 126 M USD -67.2%
Net Cash Provided by (Used in) Financing Activities -90.3 M USD +85.9%
Net Cash Provided by (Used in) Investing Activities -177 M USD -72.9%
Common Stock, Shares Authorized 200 M shares 0%
Common Stock, Shares, Issued 57.4 M shares -2.4%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -145 M USD +59.3%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 935 M USD +14.5%
Interest Paid, Excluding Capitalized Interest, Operating Activities 8.8 M USD -38.9%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 67.5 M USD +6.3%
Operating Lease, Liability 234 M USD +7.04%
Payments to Acquire Property, Plant, and Equipment 109 M USD +5.64%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.25 B USD -25.7%
Lessee, Operating Lease, Liability, to be Paid 272 M USD +6.91%
Operating Lease, Liability, Current 56.3 M USD +5.83%
Lessee, Operating Lease, Liability, to be Paid, Year Two 42.3 M USD +6.02%
Lessee, Operating Lease, Liability, to be Paid, Year One 55.3 M USD +4.93%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure +25.6%
Deferred Income Tax Expense (Benefit) 16.2 M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 38.1 M USD +6.13%
Lessee, Operating Lease, Liability, to be Paid, Year Three 32.1 M USD +16.3%
Deferred Tax Assets, Operating Loss Carryforwards 2.5 M USD -21.9%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) 18 M USD
Current Income Tax Expense (Benefit) 384 M USD -35.2%
Preferred Stock, Shares Authorized 5 M shares 0%
Unrecognized Tax Benefits 1.2 M USD -14.3%
Lessee, Operating Lease, Liability, to be Paid, Year Four 24.7 M USD +26%
Operating Lease, Payments 25.3 M USD +7.66%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 73.8 M USD -34.6%
Current Federal Tax Expense (Benefit) 277 M USD -33.9%
Amortization of Intangible Assets 10.3 M USD -12.7%
Depreciation, Depletion and Amortization 248 M USD +2.35%
Deferred State and Local Income Tax Expense (Benefit) 300 K USD
Interest Expense 38.9 M USD -32.5%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%