Reliance Inc Stock Price, News & Analysis

Reliance (NYSE:RS) has secured a new $400 million unsecured term loan facility maturing in August 2028. The facility refinances the company's existing $400 million senior unsecured notes that were due August 15, 2025.

The company maintains a strong financial position with a net debt-to-EBITDA ratio of 0.9x as of June 30, 2025. The new facility supports Reliance's capital allocation strategy, focusing on organic growth, strategic acquisitions, and shareholder returns through dividends and share repurchases.

Reliance (NYSE:RS) reported strong Q2 2025 financial results with net sales of $3.66 billion and record second-quarter tons sold, up 4.0% year-over-year. The company achieved EPS of $4.42 and non-GAAP EPS of $4.43, an 18% increase from Q1 2025.

Key highlights include a strong non-GAAP gross profit margin of 29.9%, pretax income of $304.3 million (up 16% from Q1), and $79.9 million in share repurchases. The company's performance demonstrated resilience with tons sold outperforming industry metrics by over 7 percentage points, despite market volatility.

Looking ahead, Reliance expects Q3 2025 non-GAAP earnings per diluted share between $3.60 to $3.80, with tons sold projected to decrease 1.0% to 3.0% compared to Q2 2025 due to seasonal patterns.

Reliance (NYSE:RS) has scheduled its second quarter 2025 financial results announcement for Wednesday, July 23, 2025, after market close. The company will host a conference call to discuss the results on Thursday, July 24, 2025, at 11:00 a.m. Eastern Time.

Investors can access the live conference call via phone using the dial-in numbers (877) 407-0792 (U.S. and Canada) or (201) 689-8263 (International) with conference ID 13754480. A live webcast will be available on the Investors section of reliance.com. A replay will be accessible through August 7, 2025.

Reliance (NYSE: RS) reported strong Q1 2025 financial results with net sales of $3.48 billion and record tons sold up 9.0% year-over-year. The company achieved a gross profit margin of 29.7% and EPS of $3.74 (non-GAAP EPS of $3.77).

Key highlights include record shipments of 1.63 million tons, reflecting solid organic growth and contributions from 2024 acquisitions. The company's performance exceeded expectations due to strong shipment levels and improved gross profit margin. Reliance repurchased $253.2 million of common stock during the quarter and increased its quarterly dividend by 9.1% to $1.20 per share.

Looking ahead to Q2 2025, Reliance expects tons sold to range between -1.0% to +1.0% compared to Q1 2025, with average selling prices projected to increase 1% to 3%. The company forecasts non-GAAP earnings per diluted share of $4.50 to $4.70 for Q2 2025.

Reliance (NYSE:RS) has scheduled its first quarter 2025 financial results announcement for Wednesday, April 23, 2025, after market close. The results will cover the period ended March 31, 2025.

Management will host a conference call on Thursday, April 24, 2025, at 11:00 a.m. Eastern Time. The call will be accessible via phone and webcast through the company's website. For those unable to attend live, a replay will be available from 2:00 p.m. Eastern Time until May 8, 2025, with both dial-in and webcast options. The webcast recording will remain available on Reliance's website for 90 days.

Reliance (NYSE: RS) reported strong financial results for Q4 and full year 2024. The company achieved its third-highest annual cash flow from operations at $1.43 billion and completed a record $1.09 billion in stock buybacks, reducing outstanding shares by 6%.

Annual highlights include net sales of $13.84 billion with tons sold up 4.0% (same-store tons sold up 1.0%), gross profit margin of 29.7%, and EPS of $15.56 (non-GAAP EPS of $15.92). The company completed four acquisitions adding $286.2 million to 2024 net sales.

For Q4 2024, tons sold decreased 5.1% compared to Q3, while average selling price per ton fell 3.4%. The company increased its quarterly dividend by 9.1% to $1.20 per share. Looking ahead, Reliance expects Q1 2025 tons sold to increase 6.0% to 8.0% compared to Q4 2024, with non-GAAP earnings projected at $3.30 to $3.50 per diluted share.

Reliance (NYSE: RS) has announced its management team's participation in two major upcoming investor conferences. Karla Lewis, President and CEO, will present at the BMO 2025 Global Metals, Mining & Critical Minerals Conference on February 26, 2025, at 8:00 a.m. ET in Hollywood, Florida.

Additionally, Lewis and Stephen Koch, Executive Vice President and COO, will present at the J.P. Morgan 2025 Industrials Conference on March 12, 2025, at 1:40 p.m. ET in New York. Both presentations will be available via live webcast on the Investors section of Reliance's website at investor.reliance.com, with replays accessible for 90 days following the events.

Reliance (NYSE:RS) has scheduled its fourth quarter and full year 2024 financial results announcement for Wednesday, February 19, 2025, after market close. The company will host a conference call to discuss the results on Thursday, February 20, 2025, at 11:00 a.m. Eastern Time.

The call will be accessible via phone with dedicated U.S./Canada and International dial-in numbers, using conference ID 13751162. A live webcast will be available on the Investors section of reliance.com. For those unable to attend live, a replay will be available until March 6, 2025, and the webcast recording will remain on the company's website for 90 days.

Reliance (NYSE: RS) announced its participation in the Baird 2024 Global Industrial Conference on November 13, 2024, in Chicago. Key executives including CEO Karla Lewis, CFO Arthur Ajemyan, and COO Stephen Koch will represent the company. The presentation is scheduled for 4:40 p.m. CT and will be available via live webcast on the company's investor relations website, with a replay accessible for 90 days afterward.