Corporate Overview

Company Profile

Founded in 1939, Reliance, Inc. (NYSE: RS) is a leading global diversified metal solutions provider and the largest metals service center company in North America. Through a network of approximately 310 locations in 41 states and 10 countries outside of the United States, Reliance provides value added metals processing services and distributes a full line of over 100,000 metal products to more than 125,000 customers in a broad range of industries. Reliance excels at small, quick-turnaround orders while also supporting large projects through its scale, expansive logistics and processing capabilities, supply chain depth, and operating infrastructure of its Family of Companies. In 2025, Reliance’s average order size was $3,120, approximately 49% of orders included value-added processing, and approximately 40% of orders were delivered within 24 hours.

Largest Metals Service Center Company in North America

  • Approximately 310 locations
  • 41 U.S. states
  • 10 countries outside the U.S. with 6% from International Sales in 2025
  • ~18% Market Share (2025) with significant opportunity for growth

Reliance’s 2025 U.S. tons sold represented as a percentage of total Metals Service Center Institute shipments (up from ~16% in 2024).

RS by the Numbers

For the Year-Ended and as of December 31, 2025

$14.3B

Net Sales at an average order size of $3,120 per order

~16,100

Employees

$6.9B

Cash Flow from Operations since 2021

$1.8B

CapEx Investments since 2021 (~50% growth-related)

View Investor Presentation

32-Year Trading History

Reliance’s unique and sustainable business model has resulted in compounded annual stockholder returns that have outpaced the S&P 500 since the 1994 IPO with 67 consecutive years of quarterly dividends.

Stock Price Compound Annual Growth Rates
As of 6-30-26 RS S&P 500
3 Years 12.9% 20.6%
5 Years 21.8% 13.4%
10 Years 19.4% 15.5%
Since IPO 17.3% 11.1%

Investment Highlights

Resilient, Diversified Model

Broad diversification across products, customers, end markets, and geographies, supported by a decentralized network of more than 300 locations, reduces volatility and helps sustain profitability through economic cycles.

Purchasing Power

Strategically sourcing the majority of our raw materials from longstanding domestic mill partners enables significant purchasing power and product availability in all market conditions.

Industry-leading Profitability

We are able to sustain industry leading profitability levels resulting from our smart, profitable growth strategy, investments in value added processing capabilities and superior customer service.

Strong Balance Sheet

Our low-leverage balance sheet combined with strong cash generation provides significant financial strength. Our countercyclical cash flow profile strengthens liquidity during market downturns and supports continued investments in growth and shareholder returns throughout the business cycle.

Consistent Stockholder Returns

We have a longstanding track record of delivering attractive shareholder returns driven by disciplined capital allocation, steady cash flow generation, and ongoing reinvestment in the business.