← Back to All US Stocks

Reliance, Inc.. (RS) Fundamental Analysis & AI Grade 2026

RS NYSE Wholesale-Metals Service Centers & of fices DE CIK: 0000861884
Updated This Month • Analysis: May 6, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
72% Confidence
N/A
C
72% Conf
Pending
Analysis scheduled

📊 RS Key Takeaways

Revenue: $4.0B
Net Margin: 6.6%
Free Cash Flow: $87.2M
Current Ratio: 4.39x
Debt/Equity: 0.24x
EPS: $5.10
AI Grade: C with 72% confidence
Reliance, Inc.. (RS) receives a C fundamental grade with 72% confidence from our AI analysis based on SEC 10-K filings. With revenue of $4.0B, net profit margin of 6.6%, and return on equity (ROE) of 3.7%, Reliance, Inc.. demonstrates mixed fundamentals in the Materials sector. Below is our complete RS stock analysis for 2026.

Is Reliance, Inc.. (RS) a Good Investment?

Claude

While Reliance maintains fortress-like liquidity and conservative leverage, fundamental operational deterioration signals value destruction. Net income growth of 0% despite 3.3% revenue growth indicates margin compression, and EPS declined 10.2% YoY from share dilution. Most critically, ROE of 3.7% and ROA of 2.5% demonstrate the company is failing to generate adequate returns on its capital base, a structural concern in a cyclical commodity-dependent industry.

Reliance, Inc.. Key Strengths (RS)

Claude
  • + Exceptional liquidity position (current ratio 4.39x, quick ratio 2.24x) provides significant downside protection
  • + Conservative capital structure with low leverage (debt/equity 0.24x) and fortress interest coverage (37.9x)
  • + Positive free cash flow generation ($87.2M) and low financial stress indicators

RS Stock Risks: Reliance, Inc.. Investment Risks

Claude
  • ! Net income flat YoY despite revenue growth indicates margin compression and operational headwinds in competitive metals market
  • ! Diluted EPS declined 10.2% YoY signaling shareholder value destruction through dilution despite flat earnings
  • ! Critically low returns on capital (ROE 3.7%, ROA 2.5%) indicate poor asset deployment efficiency and inadequate shareholder value generation
  • ! Cyclical commodity exposure in metals sector with modest organic growth (3.3%) limits upside optionality

Key Metrics to Watch

Claude
  • * Net income growth trajectory and gross margin trends to assess whether compression is reversible
  • * Return on equity and return on assets improvement as primary success metrics for capital efficiency
  • * Free cash flow growth and FCF margin expansion relative to revenue

Reliance, Inc.. (RS) Financial Metrics & Key Ratios

Revenue
$4.0B
Net Income
$264.9M
EPS (Diluted)
$5.10
Free Cash Flow
$87.2M
Total Assets
$10.8B
Cash Position
$249.7M

💡 AI Analyst Insight

The relatively thin 2.2% FCF margin may limit capital allocation flexibility. Strong liquidity with a 4.39x current ratio provides a solid financial cushion.

RS Profit Margin, ROE & Profitability Analysis

Gross Margin 17.5%
Operating Margin 9.1%
Net Margin 6.6%
ROE 3.7%
ROA 2.5%
FCF Margin 2.2%

RS vs Materials Sector: How Reliance, Inc.. Compares

How Reliance, Inc.. compares to Materials sector averages

Net Margin
RS 6.6%
vs
Sector Avg 10.0%
RS Sector
ROE
RS 3.7%
vs
Sector Avg 14.0%
RS Sector
Current Ratio
RS 4.4x
vs
Sector Avg 1.6x
RS Sector
Debt/Equity
RS 0.2x
vs
Sector Avg 0.6x
RS Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Reliance, Inc.. Stock Overvalued? RS Valuation Analysis 2026

Based on fundamental analysis, Reliance, Inc.. has mixed fundamental signals relative to the Materials sector in 2026.

Return on Equity
3.7%
Sector avg: 14%
Net Profit Margin
6.6%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.24x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Reliance, Inc.. Balance Sheet: RS Debt, Cash & Liquidity

Current Ratio
4.39x
Quick Ratio
2.24x
Debt/Equity
0.24x
Debt/Assets
34.0%
Interest Coverage
37.93x
Long-term Debt
$1.7B

RS Revenue & Earnings Growth: 5-Year Financial Trend

RS 5-year financial data: Year 2021: Revenue $14.1B, Net Income N/A, EPS $10.34. Year 2022: Revenue $17.0B, Net Income N/A, EPS $5.66. Year 2023: Revenue $17.0B, Net Income N/A, EPS $21.97. Year 2024: Revenue $17.0B, Net Income N/A, EPS $29.92. Year 2025: Revenue $14.8B, Net Income $1.3B, EPS $22.64.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Reliance, Inc..'s revenue has shown modest growth of 5% over the 5-year period. The most recent EPS of $22.64 reflects profitable operations.

RS Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
2.2%
Free cash flow / Revenue

RS Quarterly Earnings & Performance

Quarterly financial performance data for Reliance, Inc.. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $3.5B $199.7M $3.74
Q3 2025 $3.4B $189.5M $3.59
Q2 2025 $3.6B N/A $4.42
Q1 2025 $3.5B N/A $3.74
Q3 2024 $3.4B N/A $3.61
Q2 2024 $3.6B N/A $4.67
Q1 2024 $3.6B N/A $5.23
Q3 2023 $3.6B N/A $4.99

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Reliance, Inc.. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$151.4M
Cash generated from operations
Stock Buybacks
$234.2M
Shares repurchased (TTM)
Capital Expenditures
$64.2M
Investment in assets
Dividends Paid
$125.7M
Returned to shareholders

RS SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Reliance, Inc.. (CIK: 0000861884)

📋 Recent SEC Filings

Date Form Document Action
May 22, 2026 4 xslF345X06/form4.xml View →
May 22, 2026 4 xslF345X06/form4.xml View →
May 22, 2026 4 xslF345X06/form4.xml View →
May 22, 2026 4 xslF345X06/form4.xml View →
May 22, 2026 4 xslF345X06/form4.xml View →

Frequently Asked Questions about RS

What is the AI rating for RS?

Reliance, Inc.. (RS) has an AI grade of C with 72% confidence, based on fundamental analysis of SEC EDGAR filings.

What are RS's key strengths?

Claude: Exceptional liquidity position (current ratio 4.39x, quick ratio 2.24x) provides significant downside protection. Conservative capital structure with low leverage (debt/equity 0.24x) and fortress interest coverage (37.9x).

What are the risks of investing in RS?

Claude: Net income flat YoY despite revenue growth indicates margin compression and operational headwinds in competitive metals market. Diluted EPS declined 10.2% YoY signaling shareholder value destruction through dilution despite flat earnings.

What is RS's revenue and growth?

Reliance, Inc.. reported revenue of $4.0B.

Does RS pay dividends?

Reliance, Inc.. pays dividends, with $125.7M distributed to shareholders in the trailing twelve months.

Where can I find RS SEC filings?

Official SEC filings for Reliance, Inc.. (CIK: 0000861884) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is RS's EPS?

Reliance, Inc.. has a diluted EPS of $5.10.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is RS's fundamental grade?

Based on our AI fundamental analysis in May 2026, Reliance, Inc.. has a C grade with 72% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is RS stock overvalued or undervalued?

Valuation metrics for RS: ROE of 3.7% (sector avg: 14%), net margin of 6.6% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

What is RS's AI grade for 2026?

Our dual AI analysis gives Reliance, Inc.. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is RS's free cash flow?

Reliance, Inc..'s operating cash flow is $151.4M, with capital expenditures of $64.2M. FCF margin is 2.2%.

How does RS compare to other Materials stocks?

Vs Materials sector averages: Net margin 6.6% (avg: 10%), ROE 3.7% (avg: 14%), current ratio 4.39 (avg: 1.6).

Top Rated Stocks
AAPL 92% MSFT 92% FAST 92% ANET 88% RDDT 88% KNSL 88% MGRE 88% FIZZ 88% DECK 87% NVDA 87%
Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 6, 2026 | Data as of: 2026-03-31 | Powered by Claude AI