Reliance revenue and financials
$396.74Change from previous close: −1.18%Absolute change: −$4.75
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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 162 | 151 | 276 | 262 | 229 | 64.5 | 473 | 464 | 366 | 126 | 526 | 466 |
| Depreciation and amortization | 69.5 | 69.2 | 69.3 | 70.5 | 69.7 | 68.7 | 69.1 | 67.9 | 66.6 | 63.6 | 62.9 | 60.6 |
| Capital expenditure | -93.4 | -64.2 | -73.2 | -81.2 | -87.6 | -86.9 | -111 | -113 | -98.2 | -109 | -110 | -126 |
| Investing cash flow | -76.8 | -70.0 | -89.1 | -73.9 | -71.2 | -87.6 | -130 | -111 | -385 | -177 | -116 | -113 |
| Financing cash flow | -99.6 | -46.6 | -233 | -165 | -203 | -18.6 | -328 | -395 | -564 | -90.3 | -312 | -190 |
| Dividends paid | -61.9 | -66.6 | -63.5 | -64.4 | -61.6 | -65.2 | -61.2 | -62.8 | -60.4 | -65.3 | -58.8 | -61.7 |
| Share repurchases | -5.5 | -249 | -206 | -61.1 | -90.0 | -265 | -156 | -438 | -520 | -23.9 | -253 | -130 |
| Debt issued | 652 | 925 | 639 | 999 | 275 | 788 | — | 663 | — | — | — | — |
| Debt repaid | -682 | -653 | -600 | -1,043 | -323 | -458 | -125 | -538 | — | — | -0.4 | — |
| Effect of exchange rates | -0.1 | -1.7 | 1.4 | -1.0 | 7.3 | 1.4 | -11.8 | 5.9 | -2.0 | -3.9 | 5.4 | -2.3 |
| Net change in cash | -14.3 | 33.1 | -44.6 | 21.7 | -38.3 | -40.3 | 3.5 | -36.2 | -584 | -145 | 103 | 161 |
| Free cash flow | 68.8 | 87.2 | 203 | 181 | 141 | -22.4 | 362 | 351 | 268 | 17.6 | 415 | 341 |
| Levered free cash flow | -18.7 | 33.4 | 150 | 138 | 64.7 | -82.3 | 332 | 291 | 114 | -75.7 | 326 | 272 |