RELIANCE INC

For the period ended Dec 31, 2024. Filed Feb 27, 2025.

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.

FY2024 · Filed Feb 27, 2025

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

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Contents

Consolidated Balance Sheets

(in millions, except number of shares which are reflected in thousands and par value)


· December 31, · · December 31,
· 2024 · 2023
ASSETS
Current assets:
Cash and cash equivalents	$318.1	$1,080.2
Accounts receivable, less allowance for credit losses of $23.2 at December 31, 2024 and $24.9 at December 31, 2023	1,342.0	1,472.4
Inventories	2,026.8	2,043.2
Prepaid expenses and other current assets	148.2	140.4
Income taxes receivable	60.4	35.6
Total current assets	3,895.5	4,771.8
Property, plant and equipment, net	2,544.9	2,248.4
Operating lease right-of-use assets	275.2	231.6
Goodwill	2,161.8	2,111.1
Intangible assets, net	1,007.2	981.1
Cash surrender value of life insurance policies, net	46.0	43.8
Other long-term assets	91.2	92.5
Total assets	$10,021.8	$10,480.3
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable	$361.9	$410.3
Accrued expenses	144.4	118.5
Accrued compensation and retirement benefits	195.2	213.9
Accrued insurance costs	50.4	44.4
Current maturities of long-term debt	399.7	0.3
Current maturities of operating lease liabilities	61.4	56.2
Total current liabilities	1,213.0	843.6
Long-term debt	742.8	1,141.9
Operating lease liabilities	214.2	178.9
Long-term retirement benefits	26.9	25.1
Other long-term liabilities	56.8	64.0
Deferred income taxes	537.5	494.0
Total liabilities	2,791.2	2,747.5
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—53,715 at December 31, 2024 and 57,271 at December 31, 2023	0.1	0.1
Retained earnings	7,334.7	7,798.9
Accumulated other comprehensive loss	(115.2)	(76.7)
Total Reliance stockholders’ equity	7,219.6	7,722.3
Noncontrolling interests	11.0	10.5
Total equity	7,230.6	7,732.8
Total liabilities and equity	$10,021.8	$10,480.3

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.