RELIANCE, INC.
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
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FY2025 · Filed Feb 26, 2026
RS$421.07+1.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Equity
(in millions, except per share amounts)
| | | | | | | | | |
|---|---|---|---|---|---|---|---|---|
| Year Ended December 31, · 2025 · · 2024 · · 2023 | ||||||||
| Total equity, beginning balance | $7,230.6 | | $7,732.8 | | $7,095.9 | |||
| | | | | | | | | |
| Common stock and additional paid-in capital: | | | | | | | | |
| Beginning balance | | 0.1 | | | 0.1 | | | 0.1 |
| Stock-based compensation | | 55.6 | | | 56.8 | | | 65.0 |
| Taxes paid related to net share settlement of restricted stock units | | (0.1) | | | (25.7) | | | (17.0) |
| Repurchase of common shares | | (55.5) | | | (31.1) | | | (48.0) |
| Ending balance | | 0.1 | | | 0.1 | | | 0.1 |
| | | | | | | | | |
| Retained earnings: | | | | | | | | |
| Beginning balance | | 7,334.7 | | | 7,798.9 | | | 7,173.6 |
| Net income attributable to Reliance | | 739.4 | | | 875.2 | | | 1,335.9 |
| Cash dividends | | (252.0) | | | (245.4) | | | (233.2) |
| Dividend equivalents paid on vested restricted stock units | | (2.7) | | | (4.3) | | | (4.9) |
| Taxes paid related to net share settlement of restricted stock units | | (17.8) | | | (17.1) | | | (37.1) |
| Repurchase of common shares | | (538.6) | | | (1,062.6) | | | (431.5) |
| Excise tax on repurchase of common shares | | (5.4) | | | (10.0) | | | (3.9) |
| Ending balance | | 7,257.6 | | | 7,334.7 | | | 7,798.9 |
| | | | | | | | | |
| Accumulated other comprehensive loss: | | | | | | | | |
| Beginning balance | | (115.2) | | | (76.7) | | | (86.3) |
| Other comprehensive income (loss) | | 27.6 | | | (38.5) | | | 9.6 |
| Ending balance | | (87.6) | | | (115.2) | | | (76.7) |
| | | | | | | | | |
| Total Reliance stockholders' equity, ending balance | | 7,170.1 | | | 7,219.6 | | | 7,722.3 |
| | | | | | | | | |
| Noncontrolling interests: | | | | | | | | |
| Beginning balance | | 11.0 | | | 10.5 | | | 8.5 |
| Comprehensive income | | 2.2 | | | 2.8 | | | 4.2 |
| Acquisition | | — | | | 0.3 | | | — |
| Dividends paid | | (3.8) | | | (2.6) | | | (2.2) |
| Ending balance | | 9.4 | | | 11.0 | | | 10.5 |
| | | | | | | | | |
| Total equity, ending balance | $7,179.5 | | $7,230.6 | | $7,732.8 | |||
| | | | | | | | | |
| Cash dividends declared per common share | $4.80 | | $4.40 | | $4.00 | |||
2025 Form 10-K / 45
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