RELIANCE, INC.

For the period ended Dec 31, 2025. Filed Feb 26, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 26, 2026

RS$421.07+1.0%Stored close · as of Nov 9, 2026

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Contents

Consolidated Balance Sheets

(in millions, except shares in thousands and par value)


December 31, · 2025 · · 2024
Assets
Current assets:
Cash and cash equivalents	$216.6	$318.1
Accounts receivable, less allowance for credit losses of $22.1 and $23.2	1,539.9	1,342.0
Inventories	2,187.8	2,026.8
Prepaid expenses and other current assets	165.6	148.2
Income taxes receivable	31.2	60.4
Total current assets	4,141.1	3,895.5
Property, plant and equipment, net	2,633.3	2,544.9
Operating lease right-of-use assets	315.2	275.2
Goodwill	2,169.9	2,161.8
Intangible assets, net	960.1	1,007.2
Cash surrender value of life insurance policies, net	48.0	46.0
Other long-term assets	105.7	91.2
Total assets	$10,373.3	$10,021.8

Liabilities and Equity
Current liabilities:
Accounts payable	$375.2	$361.9
Accrued expenses	150.0	144.4
Accrued compensation and retirement benefits	198.1	195.2
Accrued insurance costs	56.4	50.4
Current maturities of long-term debt	0.7	399.7
Current maturities of operating lease liabilities	67.7	61.4
Total current liabilities	848.1	1,213.0
Long-term debt	1,420.2	742.8
Operating lease liabilities	250.9	214.2
Long-term retirement benefits	24.9	26.9
Other long-term liabilities	74.1	56.8
Deferred income taxes	575.6	537.5
Total liabilities	3,193.8	2,791.2
Commitments and contingencies
Equity:
Preferred stock, $0.001 par value: 5,000 shares authorized; none issued or outstanding	—	—
Common stock and additional paid-in capital, $0.001 par value and 200,000 shares authorized
Issued and outstanding shares—51,735 and 53,715	0.1	0.1
Retained earnings	7,257.6	7,334.7
Accumulated other comprehensive loss	(87.6)	(115.2)
Total Reliance stockholders’ equity	7,170.1	7,219.6
Noncontrolling interests	9.4	11.0
Total equity	7,179.5	7,230.6
Total liabilities and equity	$10,373.3	$10,021.8

2025 Form 10-K / 43

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.