Reliance revenue and financials
$397.63Change from previous close: −0.96%Absolute change: −$3.86
In the fiscal year ended December 2025, Reliance reported revenue of $14.29B (+3.32% year over year). Net income was $739.4M, a net margin of 5.2%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +3.32%
- 2025 vs 2024
- Net income growth
- −15.52%
- 2025 vs 2024
- Net margin
- 5.2%
- 2024: 6.3%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total revenue | 14,294 | 13,835 | 14,806 | 17,025 | 14,093 |
| Cost of revenue | 10,175 | 9,718 | 10,258 | 11,766 | 9,589 |
| Gross profit | 4,119 | 4,117 | 4,548 | 5,259 | 4,504 |
| Selling, general and administrative | 2,794 | 2,659 | 2,554 | 2,511 | 2,307 |
| Operating income | 1,048 | 1,191 | 1,748 | 2,508 | 1,967 |
| EBIT | 1,048 | 1,191 | 1,748 | 2,508 | 1,967 |
| EBITDA | 1,326 | 1,458 | 1,993 | 2,748 | 2,198 |
| Interest expense | 55.7 | 40.3 | 40.1 | 62.3 | 62.7 |
| Pre-tax income | 969 | 1,140 | 1,741 | 2,430 | 1,883 |
| Income tax | 228 | 262 | 401 | 586 | 466 |
| Net income | 739 | 875 | 1,336 | 1,840 | 1,413 |
| Net income to common shareholders | 739 | 875 | 1,336 | 1,840 | 1,413 |
| Basic EPS | 14.07 | 15.70 | 22.90 | 30.39 | 22.35 |
| Diluted EPS | 13.98 | 15.56 | 22.64 | 29.92 | 21.97 |
| Average shares (basic) | 52.6 | 55.7 | 58.3 | 60.6 | 63.2 |
| Average shares (diluted) | 52.9 | 56.2 | 59.0 | 61.5 | 64.3 |
| Dividend per share | 4.80 | 4.40 | 4.00 | 3.50 | 2.75 |