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Reliance, Inc. 8-K Filings

RS NYSE

Every 8-K that Reliance, Inc. (RS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow RS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full RS filings page.

Rhea-AI Summary

Reliance, Inc. reported strong second quarter 2026 results, with net sales of $4.63 billion, up 26.5% year‑over‑year, and pretax income of $429.8 million, up 41.2%. Net income attributable to Reliance was $322.9 million and diluted EPS was $6.29, while non‑GAAP diluted EPS was $6.27, exceeding the high end of management’s $5.15–$5.35 guidance range.

Tons sold reached a record 1.79 million, up 10.8% year‑over‑year, and average selling price per ton rose 14.5%. A U.S. border wall contract contributed $0.41 per share and 5.1% of the sequential tons‑sold increase. Gross profit margin of 28.1% declined 1.6 percentage points from a year earlier due to higher LIFO expense and project mix, though non‑GAAP FIFO gross profit margin remained solid at 30.5%.

Cash provided by operations was $162.2 million in the quarter and free cash flow was $68.8 million. As of June 30, 2026, cash and cash equivalents were $235.4 million and total debt was $1.7 billion, resulting in net debt‑to‑EBITDA of 0.9x and total debt‑to‑EBITDA of 1.1x. The company returned $63.8 million via dividends and the board declared a quarterly dividend of $1.25 per share. For the third quarter of 2026, Reliance anticipates non‑GAAP diluted EPS of $6.40 to $6.60, representing 76% to 81% year‑over‑year growth, including approximately $0.60 per share from the border wall project and LIFO expense of $75.0 million, or $1.10 per diluted share.

Rhea-AI Summary

Reliance, Inc. reports the results of its recent shareholder vote. Stockholders elected all nominated directors, with votes for each ranging from about 34.1 million to 40.6 million, and broker non-votes of 5.1 million on each director item.

The filing also shows three additional proposals. Two received strong support, with 39.3 million and 45.6 million votes cast in favor, while one proposal was not approved, receiving 6.4 million votes for and 34.3 million against, along with detailed abstentions and broker non-votes.

Rhea-AI Summary

Reliance, Inc. reported strong first quarter 2026 results with net sales of $4.03 billion, up 15.5% from Q1 2025, driven by higher volumes and pricing across key metals. Record tons sold reached 1,672.7 thousand, up 9.4% sequentially and 2.7% year-over-year, significantly outperforming industry shipment declines reported by MSCI.

Pretax income rose to $349.5 million, an increase of 33.2% year-over-year, while net income attributable to Reliance grew to $264.9 million. Diluted EPS was $5.10 and non‑GAAP diluted EPS was $5.16, up 36.9% year-over-year and above management’s guidance range of $4.50 to $4.70. Non‑GAAP FIFO gross profit margin was 30.1%, modestly below the prior year but higher than the fourth quarter of 2025.

The company generated $151.4 million of operating cash flow, returned about $301 million to stockholders via dividends and $234.2 million of share repurchases, and ended the quarter with $249.7 million in cash and net debt‑to‑EBITDA of 1.0x. Reliance highlighted two large U.S. government contracts, including a DHS border wall award with a maximum estimated value of up to $2.24 billion and an aluminum plate IDIQ contract for Joint Strike Fighter programs with a maximum estimated value of $654 million. For Q2 2026, the company expects tons sold to increase up to 3.0% sequentially and guides non‑GAAP EPS to $5.15–$5.35, implying year‑over‑year growth of roughly 16–21%.

Rhea-AI Summary

Reliance, Inc. reported strong fourth quarter and mixed full-year 2025 results. Q4 net sales were $3.50 billion, up 11.9% year-over-year, driven by a 5.8% increase in tons sold. Full-year 2025 net sales reached $14.29 billion, up 3.3%, with record 6.4 million tons sold, a 6.2% increase.

GAAP diluted EPS for 2025 was $13.98, down 10.2% from $15.56 in 2024, largely due to a swing from $144 million of LIFO income in 2024 to $114 million of LIFO expense in 2025. Excluding these and other items, non-GAAP FIFO diluted EPS was $15.88, up 13.5% from $13.99.

The company generated $831.4 million in operating cash flow and deployed $1.18 billion toward shareholder returns and organic growth, including $594.1 million of share repurchases, reducing shares outstanding by about 4%, and $254.7 million of dividends. The quarterly dividend was raised 4.2% to $1.25 per share. For Q1 2026, Reliance guides non-GAAP diluted EPS to $4.50–$4.70, implying 19–25% year-over-year growth.

Rhea-AI Summary

Reliance, Inc. (RS) announced two items. The company issued a press release with financial results for the quarter ended September 30, 2025, and its board’s independent directors adopted an Executive Severance Policy on October 21, 2025.

The policy covers board-appointed officers and certain key subsidiary employees. For a termination by the company without cause, severance includes a lump sum equal to 12 months of base salary, a pro‑rata annual bonus based on year‑to‑date performance plus an additional 50% of target bonus (if employed at least 12 months), and a lump sum for up to 12 months of COBRA premiums for the employee and eligible dependents, each subject to a signed release. Amounts paid are subject to repayment if, within 24 months of termination, the company determines after a good faith investigation that conduct during employment would have constituted cause.

Rhea-AI Summary

Reliance, Inc. reported that it increased the size of its Board of Directors from eight to nine members and appointed John G. Sznewajs as an independent director, effective October 1, 2025. His term will run until the company’s 2026 Annual Meeting of Stockholders.

Mr. Sznewajs is a partner at Shore Capital and previously served from 2007 to 2023 as Vice President and Chief Financial Officer of Masco Corporation. He is also a director of CMS Energy Corporation and serves on its audit, finance, and executive committees. At Reliance, he will serve on the Audit Committee and will receive the same compensation arrangements as other non-employee directors, and the company has entered into its standard form of indemnification agreement with him.

Rhea-AI Summary

Reliance, Inc. entered into a new $400 million unsecured term loan on August 14, 2025, under a Term Loan Agreement with a syndicate of banks led by Bank of America as administrative agent. The loan was fully drawn at closing and matures on August 14, 2028.

The company used the $400 million borrowing to repay its $400 million senior unsecured notes that were due August 15, 2025, effectively refinancing that debt and extending its maturity profile. Interest is based on either SOFR or a base rate plus a margin that initially is SOFR plus 0.75% per year and then varies with Reliance’s Total Net Leverage Ratio. The agreement includes customary covenants, a maximum Total Net Leverage Ratio as the sole financial maintenance covenant, standard events of default, and allows voluntary prepayment without premium or penalty, subject to conditions.