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$427.15+1.4%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income

(in millions, except number of shares which are reflected in thousands and per share amounts)


	Year Ended December 31,
· 2024 · 2023 · 2022
Net sales		$13,835.0	$14,805.9	$17,025.0

Costs and expenses:
Cost of sales (exclusive of depreciation and amortization shown below)		9,728.4	10,258.6	11,773.7
Warehouse, delivery, selling, general and administrative		2,666.2	2,562.4	2,504.2
Depreciation and amortization		268.7	245.4	240.2
Impairment		11.7	—	—
		12,675.0	13,066.4	14,518.1

Operating income		1,160.0	1,739.5	2,506.9

Other (income) expense:
Interest expense		40.3	40.1	62.3
Other (income) expense, net		(20.2)	(41.3)	14.2
Income before income taxes		1,139.9	1,740.7	2,430.4
Income tax provision		261.9	400.6	586.2
Net income		878.0	1,340.1	1,844.2
Less: net income attributable to noncontrolling interests		2.8	4.2	4.1
Net income attributable to Reliance		$875.2	$1,335.9	$1,840.1

Earnings per share attributable to Reliance stockholders:
Basic		$15.70	$22.90	$30.39
Diluted		$15.56	$22.64	$29.92

Shares used in computing earnings per share:
Basic		55,746	58,328	60,559
Diluted		56,246	59,015	61,495

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.