OakChart

Reliance Inc

RSBasic Materials·Steel·USA·Large·NYSE·Nov 11 • 10:32 AM ET

425.49-1.66 (-0.39%)
2026-11-11 16:33 CET
Market cap
21,759.83 USD m
Revenue, TTM
17,367.80 USD m
Net income, TTM
1,107.20 USD m
Free cash flow, TTM
491.90 USD m
EPS diluted, TTM
21.45
P/E
19.84
Compare

Price

RS against its 20, 50 and 200-day averages
2050200beat
300.00350.00400.00450.00575K1.2MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26RSclose 425.4920-day 425.6250-day 407.12200-day 372.86425.49

6.5% under 454.93 on 2 Nov 2026. Last 15 sessions, 10.6% high to low

Profile

RS
52-week range, 85% of the way up
263.12454.93

Reliance, Inc. engages in the provision of a metal distribution center. It offers alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products. The company was founded by Thomas J. Neilan on February 3, 1939, and is headquartered in Phoenix, AZ.

IndexRUI
Employees15700
IPOSep 16, 1994
Beta0.96
ATR, 14d13.31
Rel volume0.47
Short float2.56%
Insider own0.45%
Inst own84.87%

Snapshot

6 groups

Valuation

IndexRUI
Market Cap21.68B
Enterprise Value23.41B
Income1.11B
Sales17.37B
Book/sh151.62
Cash/sh4.83
Dividend Est.4.97 (1.17%)
Dividend TTM4.95 (1.16%)
Dividend Ex-DateNov 20, 2026
Dividend Gr. 3/5Y11.10% 13.94%
Payout34.33%
Employees15700
IPOSep 16, 1994

Ratios

P/E19.84
Forward P/E16.36
PEG0.97
P/S1.25
P/B2.81
P/C88.11
P/FCF44.06
EV/EBITDA12.87
EV/Sales1.35
Quick Ratio2.22
Current Ratio4.12
Debt/Eq0.25
LT Debt/Eq0.25
Option/ShortYes / Yes

Earnings

EPS (ttm)21.45
EPS next Y26.00
EPS next Q7.46
EPS this Y87.47%
EPS next Y-2.74%
EPS next 5Y16.87%
EPS past 3/5Y-22.40% 19.85%
Sales past 3/5Y-5.66% 10.16%
EPS Y/Y TTM56.89%
Sales Y/Y TTM24.75%
EPS Q/Q118.52%
Sales Q/Q42.78%
EarningsOct 21 AMC
EPS/Sales Surpr.17.44% 9.96%

Ownership

Insider Own0.45%
Insider Trans-5.92%
Inst Own84.87%
Inst Trans-1.43%
ROA9.99%
ROE14.73%
ROIC11.51%
Gross Margin26.50%
Oper. Margin8.87%
Profit Margin6.38%
SMA20-0.03%
SMA504.51%
SMA20014.12%
Trades-

Technical

Shs Outstand50.94M
Shs Float50.71M
Short Float2.56%
Short Ratio4.12
Short Interest1.30M
52W High454.93 -6.47%
52W Low263.12 61.71%
Volatility4.78% 3.31%
ATR (14)13.31
RSI (14)53.60
Beta0.96
Rel Volume0.47
Avg Volume315.22K
Volume29,871

Performance

Perf Week-3.72%
Perf Month5.30%
Perf Quarter0.08%
Perf Half Y15.36%
Perf YTD47.29%
Perf Year57.33%
Perf 3Y59.23%
Perf 5Y155.67%
Perf 10Y448.17%
Recom2.70
Target Price435.33
Prev Close427.15
Price425.49
Change %-0.39%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Oct 14, 2026InitiatedBBarclaysEqual Weight$420-1.3%
Apr 30, 2026DowngradeBBofA SecuritiesNeutral → Underperform$365-14.2%
Apr 01, 2026InitiatedGGoldmanNeutral$300-29.5%
Mar 25, 2026ResumedKKeyBanc Capital MarketsOverweight$341-19.9%
Feb 20, 2026DowngradeJJP MorganOverweight → Neutral$330-22.4%
Feb 20, 2026DowngradeBBMO Capital MarketsOutperform → Market Perform$320-24.8%
Sep 09, 2025InitiatedJJP MorganOverweight$350-17.7%
Aug 14, 2025InitiatedWWells FargoEqual Weight$296-30.4%
Jan 08, 2025UpgradeWWolfe ResearchUnderperform → Peer Perform
Dec 02, 2024InitiatedGGoldmanNeutral$341-19.9%

Peers

Mkt cap
TickerCompanyMkt cap
STLDSteel Dynamics Inc33.73B
NUENucor Corp58.66B
WSWorthington Steel Inc1.99B
CLFCleveland-Cliffs Inc7.42B
MTArcelorMittal SA49.54B
RYZRyerson Holding Corp1.52B
CMCCommercial Metals Co7.02B
KALUKaiser Aluminum Corp1.83B
ATIATI Inc25.12B
DNOWDnow Inc2.55B

Insider trading

latest 14 of 20
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Koch Stephen PaulExec. VP, COOOct 27 '26Sale430.878,3343,590,8598,209Oct 28 04:31 PM
Koch Stephen PaulOfficerOct 27 '26Proposed Sale430.358,3443,590,875Oct 27 04:18 PM
Colonias Karen WinifredDirectorAug 26 '26Sale390.131,542601,5807,772Aug 27 04:05 PM
Colonias Karen WinifredDirectorAug 21 '26Proposed Sale416.371,542642,043Aug 21 04:31 PM
Ajemyan ArthurSVP, CFOJul 31 '26Sale410.112,200902,24214,640Aug 04 08:16 AM
Ajemyan ArthurOfficerJul 31 '26Proposed Sale410.112,200902,237Jul 31 04:55 PM
Smith William A IISVP, General Counsel, Corp SecJul 28 '26Sale414.212,353974,63019,394Jul 29 06:30 PM
William SmithOfficerJul 28 '26Proposed Sale414.212,353974,630Jul 28 05:27 PM
Ajemyan ArthurSVP, CFOApr 27 '26Sale358.123,5001,253,40316,840Apr 28 04:56 PM
Ajemyan ArthurOfficerApr 27 '26Proposed Sale358.123,5001,253,416Apr 27 04:02 PM
Smith William A IISVP, General Counsel, Corp SecMar 09 '26Sale298.616,6151,975,32621,747Mar 10 04:37 PM
Smith William A IIOfficerMar 09 '26Proposed Sale303.261,707517,665Mar 09 04:34 PM
Smith William A IIOfficerMar 09 '26Proposed Sale297.234,9081,458,804Mar 09 04:14 PM
Koch Stephen PaulExec. VP, COOFeb 23 '26Sale321.6224,0607,738,27214,021Feb 25 06:24 PM

Held by

AUM
TickerCompanyAUM
IJHiShares Core S&P Mid-Cap ETFAUM: 124.48B
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
VBVanguard Morningstar Small-Cap ETFAUM: 79.59B
VBRVanguard Morningstar Small-Cap Value ETFAUM: 37.76B
VXFVanguard Extended Market Index ETFAUM: 30.47B
XMEState Street SPDR S&P Metals & Mining ETFAUM: 3.53B
PAVEGlobal X U.S. Infrastructure Development ETFAUM: 13.47B
MDYState Street SPDR S&P MIDCAP 400 ETF TrustAUM: 26.22B
XMMOInvesco S&P MidCap Momentum ETFAUM: 6.37B
SPMDState Street SPDR Portfolio S&P 400TM Mid Cap ETFAUM: 18.90B

News

latest 14 of 206
  • Reliance Adds Record $19 Billion in Market Value on Profit Beat (Bloomberg)
  • Jio Platforms breaks India's IPO record (Axios)
  • Ambanis Jio reaches $137 billion valuation, becoming Indias second-most valuable firm (Reuters)
  • Reliance Crushes Guidance As Pricing Surge Overwhelms A Ballooning LIFO Bill, But The Cash And 2027 Questions Get Louder (Earnings Whispers)
  • Reliance: Q3 Earnings Snapshot (Associated Press)
  • Loading…
  • Reliance, Inc. Reports Third Quarter 2026 Financial Results (GlobeNewswire)
  • Reliance says Ambanis and Rubio discussed global energy, data centres in visit (Reuters)
  • Steel Dynamics Earnings Ahead: What Past Reactions Say About The Stock (Trefis)
  • Musk vows affordable Starlink pricing in India ahead of Jio IPO (Quartz)
  • 7-Eleven exits India (C-Store Dive)
  • Reliance, Inc. to Announce Third Quarter 2026 Results on Wednesday, October 21st (GlobeNewswire)
  • Indias JioHotstar takes partnership route for Middle East expansion (TechCrunch)
  • 7-Eleven closes all stores in India (Retail Insight Network)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-218.0206.8297.8405,2134,7419
2026Q22026-07-226.2705.4666.2854,6304,2608
2026Q12026-04-225.1604.6725.0974,0263,9177
2025Q42026-02-182.4002.8352.2243,4993,4477
2025Q32025-10-223.6403.6823.5883,6513,5407
2025Q22025-07-234.4304.6794.4163,6603,6596
2025Q12025-04-233.7703.6443.7403,4853,4367
2024Q42025-02-192.2202.7361.9303,1273,0567
2024Q32024-10-243.6403.6563.6103,4203,3796
2024Q22024-07-254.6504.7344.6663,6433,6456
2024Q12024-04-255.3005.5345.2333,6453,7576
2023Q42024-02-154.7303.9184.6963,3373,3146
2023Q32023-10-265.0005.0024.9903,6233,6116
2023Q22023-07-276.4906.5536.4893,8803,9786
2023Q12023-04-276.3705.7296.4353,9653,9267
2022Q42023-02-165.8704.4755.8753,6113,6686

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY10.3409.63910.33810,97410,997
2020FY7.7107.6105.6568,8128,852
2021FY22.12020.57121.96614,09313,878
2022FY30.03028.61029.92317,02517,084
2023FY22.62021.81222.63714,80614,775
2024FY15.92016.38215.70013,83513,765
2025FY14.26014.68813.98014,29414,243
2026FY-26.733--18,791
2027FY-26.001--18,562
2028FY-22.760--17,511
2029FY-18.747--15,524
2030FY-16.914--15,136

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-058804,9794,6295,108
2026Q4S2026-10-278704,9104,4545,108
2026Q4S2026-10-238704,8504,4545,108
2026Q4S2026-10-228704,7494,3035,049
2026Q4S2026-10-218704,4504,2194,629
2026Q4S2026-10-148704,4504,2194,629
2026Q4S2026-10-128604,4114,2194,599
2026Q4S2026-10-118704,4114,2194,599
2026Q4S2026-10-098804,4114,2194,599
2026Q4S2026-10-088704,3754,2174,599
2026Q4S2026-10-068704,3494,2174,599
2026Q4S2026-10-028804,3494,2174,599
2026Q4S2026-09-108804,2904,1954,454
2026Q4S2026-09-098804,2704,1824,454

Estimate history

EPS, annual8.348.74810.3385.65621.96629.92322.63715.713.98421.4466
Period201720182019202020212022202320242025TTM
EPS, quarterly3.611.933.744.4163.5882.2245.0976.2857.84
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual972111534.510973.88811.914093.31702514805.91383514294.317367.8
Period201720182019202020212022202320242025TTM
Sales, quarterly3420.33126.63484.73659.83651.23498.6402646305213.2
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual72.6166.88266.85463.661.80658.78757.27153.71551.73550.942
Period201720182019202020212022202320242025MRQ
Shares, quarterly54.11953.71552.88952.59352.38351.73551.04951.05350.942
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue17,367.8014,294.3013,835.0014,805.9017,025.0014,093.308,811.9010,973.8011,534.50
Cost of Goods Sold Incl. D&A12,764.9010,453.109,997.1010,504.0012,013.909,833.206,225.907,863.708,468.20
Gross Profit4,602.903,841.203,837.904,301.905,011.104,260.102,586.003,110.103,066.30
Selling, General and Administrative Excl. Other3,063.102,800.102,662.102,562.402,502.802,306.401,862.402,096.302,108.40
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income1,539.801,041.101,175.801,739.502,508.301,953.70723.601,013.80957.90
Interest Expense67.5055.7040.3040.1062.30148.20142.30158.90156.30
Unusual Expense11.9028.7015.800.001.404.80157.801.2076.50
Net Income Before Taxes1,466.00969.201,139.901,740.702,430.401,883.10478.20929.30850.60
Income Taxes356.50227.60261.90400.60586.20465.70105.80223.20208.80
Consolidated Net Income1,109.50741.60878.001,340.101,844.201,417.40372.40706.10641.80
Net Income From Continuing Operations1,107.20739.40875.201,335.901,840.101,413.00369.10701.50633.70
Net Income1,107.20739.40875.201,335.901,840.101,413.00369.10701.50633.70
EPS (Recurring)21.7114.3615.7622.6429.9422.027.3510.359.49
EPS (Basic, Before Extraordinaries)21.5914.0715.7022.9030.3922.355.7410.498.85
EPS (Diluted)21.4513.9815.7022.6429.9221.975.6610.348.75
EBITDA1,817.901,319.301,444.501,984.902,748.502,183.90950.901,233.101,173.10
Non-Operating Income (Expense)5.6012.5020.2041.30-14.2082.4054.7075.60125.50
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense57.6943.9244.8751.3551.5951.6830.8137.3835.95
Price To Earnings Ratio19.9219.9214.7911.766.627.3821.1011.598.17
Price To Sales Ratio1.141.071.091.110.730.740.890.740.45
Gross Margin26.5026.8727.7429.0629.4330.2329.3528.3426.58
Operating Margin8.877.288.5011.7514.7313.868.219.248.30
Net Margin6.385.176.339.0210.8110.034.196.395.49
Shares Outstanding50.9451.7353.7257.2758.7961.8163.6066.8566.88
Market Capitalization21,759.8321,759.8314,572.4316,073.5511,881.3910,163.817,634.827,982.845,012.65

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue5,213.204,630.004,026.003,498.603,651.203,659.803,484.703,126.60
Cost of Goods Sold Incl. D&A3,829.403,399.002,923.302,613.202,690.102,641.602,520.102,311.10
Gross Profit1,383.801,231.001,102.70885.40961.101,018.20964.60815.50
Selling, General and Administrative Excl. Other829.70789.40734.80709.20701.30706.00690.20663.00
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income554.10441.60367.90176.20259.80312.20274.40152.50
Interest Expense18.4018.2015.4015.5014.4014.3011.5010.00
Unusual Expense2.000.000.009.900.000.000.0010.70
Net Income Before Taxes531.90429.80349.50154.80247.70304.30262.40133.50
Income Taxes128.50106.2083.9037.9057.7070.1061.9027.50
Consolidated Net Income403.40323.60265.60116.90190.00234.20200.50106.00
Net Income From Continuing Operations402.90322.90264.90116.50189.50233.70199.70105.30
Net Income402.90322.90264.90116.50189.50233.70199.70105.30
EPS (Recurring)7.876.295.102.363.594.423.742.07
EPS (Basic, Before Extraordinaries)7.906.335.132.243.614.443.761.95
EPS (Diluted)7.846.295.102.223.594.423.741.93
EBITDA624.20511.10437.10245.50330.30381.90343.10223.10
Non-Operating Income (Expense)-1.806.40-3.004.002.306.40-0.501.70
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense18.9018.4910.519.8011.9312.569.6410.90
Price To Earnings Ratio19.9224.3821.7621.1320.5122.5118.7014.79
Price To Sales Ratio1.141.211.061.061.071.211.131.06
Gross Margin26.5426.5927.3925.3126.3227.8227.6826.08
Operating Margin10.639.549.145.047.128.537.874.88
Net Margin7.736.976.583.335.196.395.733.37
Shares Outstanding50.9451.0551.0551.7352.3852.5952.8953.72
Market Capitalization21,759.8319,071.7215,722.7815,104.1514,769.8316,507.4015,295.6914,572.43

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments216.60318.101,080.201,173.40300.50683.50174.30128.20154.40
Short Term Receivables1,571.101,402.401,508.001,602.301,683.00928.401,105.001,258.201,090.20
Inventories2,187.802,026.802,043.201,995.302,065.001,420.401,645.701,817.101,726.00
Other Current Assets165.60148.20140.40115.60111.6080.5085.2081.5080.70
Total Current Assets4,141.103,895.504,771.804,886.604,160.103,112.803,010.203,285.003,051.30
Net Property, Plant & Equipment2,948.502,820.102,480.002,191.002,061.401,996.201,996.701,729.901,656.30
Total Investments and Advances0.000.000.000.000.000.000.000.000.00
Intangible Assets3,130.003,169.003,092.203,125.503,185.302,882.303,034.902,942.802,954.70
Deferred Tax Assets69.0064.9067.5063.50-----
Other Assets153.70137.20136.30126.80129.20115.5089.3087.2088.70
Total Assets10,442.3010,086.7010,547.8010,393.409,536.008,106.808,131.108,044.907,751.00
Short Term Debt Incl. Current Port. of LT Debt68.40461.1056.50560.7063.6057.00117.4065.2092.00
Accounts Payable375.20361.90410.30412.40453.90259.30275.00338.80346.70
Income Tax Payable---0.0064.30---0.00
Other Current Liabilities404.50390.00376.80402.20483.20296.70282.90295.10265.00
Total Current Liabilities848.101,213.00843.601,375.301,065.00613.00675.30699.10703.70
Long Term Debt1,671.10957.001,320.801,304.601,804.501,793.001,673.102,138.501,809.40
Provision for Risks Charges24.9026.9025.1026.1081.0095.8087.0071.8085.40
Deferred Tax Liabilities644.60602.40561.50540.10484.80455.60469.30440.10440.80
Other Liabilities74.1056.8064.0051.407.0026.7012.3015.9011.80
Total Liabilities3,262.802,856.102,815.003,297.503,442.302,984.102,917.003,365.403,051.10
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity7,170.107,219.607,722.307,087.406,086.505,115.405,206.604,671.604,667.10
Total Shareholders Equity7,170.107,219.607,722.307,087.406,086.505,115.405,206.604,671.604,667.10
Accumulated Minority Interest9.4011.0010.508.507.207.307.507.9032.80
Total Equity7,179.507,230.607,732.807,095.906,093.705,122.705,214.104,679.504,699.90
Total Liabilities & Stockholders Equity10,442.3010,086.7010,547.8010,393.409,536.008,106.808,131.108,044.907,751.00
Book Value Per Share138.59134.41134.84120.5698.4880.4377.8869.8564.28
Tangible Book Value Per Share78.0975.4180.8567.3946.9435.1132.4825.8523.58
Full-Time Employees15,70015,90015,00014,50013,70013,20015,30015,60014,900
Price to Book Ratio2.821.982.101.751.651.491.541.021.42
Return on Assets7.208.4812.7618.4716.024.558.678.028.09
Return on Equity10.2811.7118.0427.9425.237.1514.2013.5713.92
Return on Invested Capital8.3610.7014.7721.9317.915.3410.209.319.47
Quick Ratio2.301.543.232.101.972.762.022.101.88
Current Ratio4.883.215.663.553.915.084.464.704.34

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income1,109.50741.60878.001,340.101,844.201,417.40372.40706.10641.80
Depreciation278.10278.20268.70245.40240.20230.20227.30219.30215.20
Other Funds (Non Cash)87.9055.8080.8067.7095.9085.30186.7064.3083.40
Funds from Operations1,512.601,112.701,263.901,669.402,173.601,709.10772.701,022.20931.30
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-710.90-281.30165.901.90-55.00-909.70400.30279.30-266.70
Cash from Operating Activities801.70831.401,429.801,671.302,118.60799.401,173.001,301.50664.60
Capital Expenditures-309.80-328.90-430.60-468.80-341.80-236.60-172.00-242.20-239.90
Net Assets From Acquisitions0.00-2.80-364.60-24.000.00-439.30-14.90-178.20-106.60
Sale of Fixed Assets and Businesses19.6017.204.7011.1010.9036.006.708.0029.20
Purchase or Sale of Investments0.000.000.000.000.000.000.000.000.00
Purchase of Investments0.000.000.000.000.000.000.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.000.000.000.00
Other Uses-7.30-7.30-13.20-2.20-17.60-12.40-16.20-7.100.00
Other Sources-7.500.000.000.000.000.000.000.007.30
Cash from Investing Activities-305.00-321.80-803.70-483.90-348.50-652.30-196.40-419.50-310.00
Cash Dividends Paid-257.70-254.70-249.70-238.10-217.10-177.00-164.10-151.30-145.30
Change in Capital Stock-479.00-594.10-1,093.70-479.50-630.30-323.50-337.30-50.00-482.10
Repurchase of Common Pref Stock-479.00-594.10-1,093.70-479.50-630.30-323.50-337.30-50.00-484.90
Sale of Common Pref Stock0.000.000.000.000.000.000.000.002.80
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net256.00276.70-0.30-508.30-2.50-1.5052.40-617.90278.10
Change in Long Term Debt256.00276.70-0.30-506.10-0.30-0.7051.70-617.60326.50
Issuance of Long Term Debt2,887.002,701.00663.000.000.0020.001,667.10971.001,518.70
Reduction of Long Term Debt-2,631.00-2,424.30-663.30-506.10-0.30-20.70-1,615.40-1,588.60-1,192.20
Net Financing Active Other Cash Flow-33.00-48.10-32.70-56.40-42.70-26.90-26.00-21.00-25.60
Other Financing Activities Uses-33.00-48.10-42.80-56.40-42.70-26.90-26.00-21.00-25.60
Cash from Financing Activities-513.70-620.20-1,376.40-1,282.30-892.60-528.90-475.00-840.20-374.90
Exchange Rate Effect1.809.10-11.801.70-4.60-1.207.604.30-5.90
Net Change in Cash-15.20-101.50-762.10-93.20872.90-383.00509.2046.10-26.20
Free Cash Flow491.90502.50999.201,202.501,776.80562.801,001.001,059.30424.70
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow84.4261.6420.2117.117.9827.059.348.9518.45
Deferred Taxes & Investment Tax Credit-37.1036.4016.20-6.70-23.80-13.7032.50-9.10

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments246.00235.40249.70216.60261.20239.50
Short Term Receivables2,482.002,210.401,953.501,571.101,674.101,672.10
Inventories2,482.502,325.402,234.902,187.802,307.902,254.80
Other Current Assets169.70152.20135.20165.60112.50126.70
Total Current Assets5,380.204,923.404,573.304,141.104,355.704,293.10
Net Property, Plant & Equipment2,992.402,978.902,962.302,948.502,927.602,909.40
Total Investments and Advances0.000.000.000.000.000.00
Intangible Assets3,109.503,118.803,128.403,130.003,146.203,159.10
Deferred Tax Assets---69.00--
Other Assets133.00144.10145.30153.70120.20128.40
Total Assets11,615.1011,165.2010,809.3010,442.3010,549.7010,490.00
Short Term Debt Incl. Current Port. of LT Debt67.9067.3069.2068.4064.80464.20
Accounts Payable649.40627.30552.10375.20507.80516.60
Income Tax Payable80.1017.2041.10-9.60-
Other Current Liabilities509.70434.10380.40404.50401.80367.30
Total Current Liabilities1,307.101,145.901,042.80848.10984.001,348.10
Long Term Debt1,898.301,927.901,959.801,671.101,623.801,268.10
Provision for Risks Charges27.1026.4025.3024.9028.4029.80
Deferred Tax Liabilities574.10574.40574.90644.60537.00537.70
Other Liabilities75.1079.4074.4074.1060.7062.20
Total Liabilities3,881.703,754.003,677.203,262.803,233.903,245.90
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity7,723.707,401.507,122.907,170.107,305.307,234.10
Total Shareholders Equity7,723.707,401.507,122.907,170.107,305.307,234.10
Accumulated Minority Interest9.709.709.209.4010.5010.00
Total Equity7,733.407,411.207,132.107,179.507,315.807,244.10
Total Liabilities & Stockholders Equity11,615.1011,165.2010,809.3010,442.3010,549.7010,490.00
Book Value Per Share151.62144.98139.53138.59139.46137.55
Tangible Book Value Per Share90.5883.8978.2578.0979.4077.48
Full-Time Employees---15,700--
Price to Book Ratio2.822.682.192.072.042.34
Return on Assets9.998.257.607.206.987.05
Return on Equity14.7312.2111.3110.289.949.93
Return on Invested Capital4.193.462.921.322.122.75
Quick Ratio2.222.272.242.302.081.51
Current Ratio4.124.304.394.884.433.18

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income403.40323.60265.60116.90190.00234.20
Depreciation70.1069.5069.2069.3070.5069.70
Other Funds (Non Cash)30.3015.0020.9021.7011.204.20
Funds from Operations503.80408.10355.70245.00271.70308.10
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital-291.80-245.90-204.3031.10-9.90-79.10
Cash from Operating Activities212.00162.20151.40276.10261.80229.00
Capital Expenditures-79.00-93.40-64.20-73.20-81.20-87.60
Net Assets From Acquisitions0.000.000.000.000.00-2.80
Sale of Fixed Assets and Businesses0.8015.400.003.400.9012.90
Purchase or Sale of Investments0.000.000.000.000.000.00
Purchase of Investments0.000.000.000.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.00
Other Uses4.601.20-5.80-7.300.000.70
Other Sources4.500.000.00-12.006.405.60
Cash from Investing Activities-69.10-76.80-70.00-89.10-73.90-71.20
Cash Dividends Paid-63.80-63.80-66.60-63.50-62.90-63.10
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-44.700.00-234.20-200.10-60.90-79.90
Repurchase of Common Pref Stock-44.700.00-234.20-200.10-60.90-79.90
Sale of Common Pref Stock0.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-25.00-30.00272.3038.70-44.00-48.00
Change in Long Term Debt-25.00-30.00272.3038.70-44.00-48.00
Issuance of Long Term Debt671.00652.00925.00639.00999.00275.00
Reduction of Long Term Debt-696.00-682.00-652.70-600.30-1,043.00-323.00
Net Financing Active Other Cash Flow-1.00-5.80-18.10-8.102.60-12.40
Other Financing Activities Uses-1.00-5.80-18.10-8.102.60-12.40
Cash from Financing Activities-134.50-99.60-46.60-233.00-165.20-203.40
Exchange Rate Effect2.20-0.10-1.701.40-1.007.30
Net Change in Cash10.60-14.3033.10-44.6021.70-38.30
Free Cash Flow133.0068.8087.20202.90180.60141.40
Price to Free Cash Flow84.4267.8944.3761.0636.2128.52

Revenue breakdown

Alloy2024: 637.70M 2025: 641.00M
Aluminum2024: 2.29B 2025: 2.47B
Carbon steel2024: 7.58B 2025: 7.90B
Copper and brass2024: 311.20M 2025: 376.70M
Other and eliminations2024: 323.60M 2025: 305.60M
Stainless steel2024: 2.07B 2025: 1.95B
Toll processing and logistics2024: 623.70M 2025: 646.90M
Non-US2024: 901.10M 2025: 864.60M
United States2024: 12.93B 2025: 13.43B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-302.56%1.3M50.7M309.35K
2026-10-152.26%1.2M51.5M316.39K
2026-09-302.49%1.3M50.8M323.54K
2026-09-152.30%1.2M50.8M359.79K
2026-08-312.09%1.1M50.8M361.08K
2026-08-141.90%1.0M50.8M354.04K
2026-07-311.94%1.0M50.8M352.79K
2026-07-151.94%1.0M50.8M352.74K
2026-06-301.92%1.0M50.8M345.14K
2026-06-152.03%1.0M50.8M318.53K
2026-05-291.60%0.8M50.8M331.95K
2026-05-151.62%0.8M50.8M350.25K
2026-04-301.78%0.9M50.8M370.07K
2026-04-151.74%0.9M50.9M365.53K
2026-03-311.71%0.9M51.5M370.69K
2026-03-131.85%1.0M51.5M365.50K
2026-02-271.82%0.9M51.5M354.76K
2026-02-131.82%0.9M52.1M331.40K
2026-01-301.86%1.0M52.1M321.11K
2026-01-151.86%1.0M52.1M329.03K

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call185238.5242.50.002.8310.000.000.974-0.7060.041
call190233.5237.50.002.7470.000.000.973-0.7040.042
call195228.5232.50.002.6660.000.000.972-0.7020.043
call200223.5227.50.002.5870.000.000.971-0.6990.044
call210213.5217.50.002.4340.000.000.969-0.6940.046
call220203.5207.50.002.2890.000.000.968-0.6880.048
call230193.5197.5199.42.1502.000.000.966-0.6820.051
call240183.5187.5176.72.0162.000.000.963-0.6750.053
call250173.5177.50.001.8880.000.000.961-0.6680.056
call260163.5167.50.001.7650.000.000.959-0.6600.059
call270153.5157.80.001.6460.000.000.956-0.6510.062
call280143.5147.50.001.5310.000.000.953-0.6420.066
call290133.5137.50.001.4200.000.000.950-0.6320.069
call300123.5127.50.001.3120.000.000.946-0.6210.073
call310113.5117.50.001.2070.000.000.942-0.6100.078
call320103.5107.80.001.1040.000.000.937-0.5970.083
call33093.6097.9056.001.0041.000.000.932-0.5830.088
call34083.6087.5094.800.9060.000.000.926-0.5670.094
call35073.7077.500.000.8090.000.000.918-0.5490.101
call36063.7067.8047.470.7503.000.000.910-0.5300.109
call37053.9058.0042.400.6736.000.000.899-0.5070.119
call38044.1048.0057.800.5741.000.000.884-0.4810.131
call39034.6038.5019.900.5131.000.000.834-0.5860.167
call40025.1029.0034.700.43822.000.000.806-0.5220.185
call41016.9020.0027.230.37328.000.000.736-0.5220.220
call4209.2012.109.900.3209.000.000.614-0.5280.257
call4303.806.506.500.3086.000.000.443-0.5050.265
call4400.455.0012.800.37841.000.000.319-0.5250.240
call4500.103.601.060.43122.000.000.227-0.4970.203
call4600.003.005.880.49413.000.000.178-0.4890.175
call4700.002.702.710.5622.000.000.145-0.4780.153
call4800.004.400.000.6370.000.000.131-0.5060.143
call4900.004.301.630.7121.000.000.120-0.5320.135
call5000.000.251.04-4.000.00---
call5100.004.200.000.5390.000.000.019-0.0950.032
call5200.000.250.15-3.000.00---
call5300.004.200.000.6360.000.000.017-0.0990.028
call5400.002.600.000.6850.000.000.016-0.1000.027
call5600.004.200.000.7680.000.000.014-0.1040.024
put1850.004.900.00-0.000.00---
put1900.004.900.00-0.000.00---
put1950.004.900.00-0.000.00---
put2000.004.900.00-0.000.00---
put2100.004.900.00-0.000.00---
put2200.004.901.60-2.000.00---
put2300.004.901.352.3865.000.00-0.034-0.6670.051
put2400.004.902.802.2514.000.00-0.036-0.6600.054
put2500.004.902.802.1068.000.00-0.039-0.6510.056
put2600.004.902.85-3.000.00---
put2700.004.903.401.8461.000.00-0.044-0.6320.062
put2800.004.900.001.7240.000.00-0.047-0.6230.066
put2900.004.300.001.6100.000.00-0.050-0.6130.069
put3000.002.651.801.4961.000.00-0.054-0.6020.073
put3100.004.900.001.3830.000.00-0.058-0.5890.078
put3200.004.303.101.2683.000.00-0.062-0.5740.083
put3300.004.400.001.1620.000.00-0.068-0.5600.088
put3400.002.950.501.05515.000.00-0.074-0.5430.094
put3500.004.400.400.95015.000.00-0.081-0.5250.101
put3600.002.752.210.8424.000.00-0.090-0.5030.109
put3700.003.500.010.7375.000.00-0.101-0.4790.119
put3800.002.501.510.63833.000.00-0.115-0.4530.130
put3900.004.905.300.6232.000.00-0.164-0.5550.166
put4000.003.902.920.5023720.00-0.194-0.4920.185
put4101.655.006.500.4361240.00-0.259-0.4840.217
put4204.407.003.300.38912.000.00-0.386-0.4950.257
put4308.8012.005.700.37310.000.00-0.554-0.4720.265
put44015.5019.000.000.3960.000.00-0.687-0.4840.238
put45024.2028.0018.500.4661.000.00-0.773-0.4610.203
put46033.6037.500.000.5660.000.00-0.822-0.4520.175
put47043.7047.500.000.6580.000.00-0.855-0.4390.153
put48053.5057.500.000.7450.000.00-0.869-0.4680.143
put49063.5066.600.000.8150.000.00-0.880-0.4920.134
put50073.5077.400.000.8790.000.00-0.979-0.0510.034
put51083.5087.4094.000.9660.000.00-0.980-0.0520.032
put52093.5096.500.001.0370.000.00-0.982-0.0530.030
put530103.5106.51141.0830.000.00-0.983-0.0540.028
put540113.5116.70.001.1480.000.00-0.984-0.0540.027
put560132.9137.31441.2730.000.00-0.985-0.0550.024

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-10-284Statement of changes in beneficial ownership of securities2026-10-27SEC
2026-10-27144Filing for proposed sale of securities under Rule 144.SEC
2026-10-2710-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-218-KCurrent report2026-10-21SEC
2026-08-274Statement of changes in beneficial ownership of securities2026-08-26SEC
2026-08-21144Filing for proposed sale of securities under Rule 144.SEC
2026-08-044Statement of changes in beneficial ownership of securities2026-07-31SEC
2026-07-31144Filing for proposed sale of securities under Rule 144.SEC
2026-07-294Statement of changes in beneficial ownership of securities2026-07-28SEC
2026-07-28144Filing for proposed sale of securities under Rule 144.SEC
2026-07-2810-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-07-228-KCurrent report2026-07-22SEC
2026-06-1611-KAnnual reports of employee stock purchase, savings and similar plans pursuant to Section 15(d)2025-12-31SEC
2026-06-1611-KAnnual reports of employee stock purchase, savings and similar plans pursuant to Section 15(d)2025-12-31SEC
2026-05-224Statement of changes in beneficial ownership of securities2026-05-20SEC
2026-05-224Statement of changes in beneficial ownership of securities2026-05-20SEC
2026-05-224Statement of changes in beneficial ownership of securities2026-05-20SEC
2026-05-224Statement of changes in beneficial ownership of securities2026-05-20SEC
2026-05-224Statement of changes in beneficial ownership of securities2026-05-20SEC
2026-05-224Statement of changes in beneficial ownership of securities2026-05-20SEC
2026-05-224Statement of changes in beneficial ownership of securities2026-05-20SEC
2026-05-224Statement of changes in beneficial ownership of securities2026-05-20SEC
2026-05-218-KCurrent report2026-05-20SEC
2026-05-11SDSpecialized Disclosure ReportSEC
2026-04-30SCHEDULE 13GSEC
2026-04-29SCHEDULE 13GSEC
2026-04-2910-QQuarterly report pursuant to Section 13 or 15(d)2026-03-31SEC
2026-04-284Statement of changes in beneficial ownership of securities2026-04-27SEC
2026-04-27144Filing for proposed sale of securities under Rule 144.SEC
2026-04-228-KCurrent report2026-04-22SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-10003.59M1
2026-090000
2026-0800601.58K1
2026-07001.88M2
2026-060000
2026-050000
2026-04001.25M1
2026-03001.98M1
2026-02007.74M1
2026-010000
2025-12002.52M2
2025-110000

Institutional holders

Manager% owned
BlackRock, Inc.11.38%
VANGUARD PORTFOLIO MANAGEMENT LLC6.44%
STATE STREET CORP5.14%
VANGUARD CAPITAL MANAGEMENT LLC4.52%
Boston Partners3.68%
PRICE T ROWE ASSOCIATES INC /MD/3.02%
WELLINGTON MANAGEMENT GROUP LLP2.61%
GEODE CAPITAL MANAGEMENT, LLC1.85%
FRANKLIN RESOURCES INC1.63%
ALLIANCEBERNSTEIN L.P.1.42%

Funds

Fund% owned
VANGUARD TOTAL BOND MARKET II INDEX FUND20.59%
Baird Aggregate Bond Fund19.59%
VANGUARD TOTAL BOND MARKET INDEX FUND16.97%
Invesco BulletShares 2030 Corporate Bond ETF7.12%
iShares iBonds Dec 2030 Term Corporate ETF6.83%
iShares 1-5 Year Investment Grade Corporate Bond ETF6.27%
VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND4.45%
Strategic Advisers Core Income Fund4.21%
State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF3.87%
Victory Core Plus Intermediate Bond Fund3.65%

OakChart. RS. Cached 15 minutes.