reliance steel & aluminum co. (nyse:rs) headquartered in los angeles, california, is the largest metals service center company in north america. through a network of more than 300 locations in 39 states and 12 countries outside of the united states, the company provides value-added metals processing services and distributes a full line of over 100,000 metal products. these products include galvanized, hot-rolled and cold-finished steel, stainless steel, aluminum, brass, copper, titanium and alloy steel sold to more than 125,000 customers in a broad range of industries. some of these metals service centers provide processing services for specialty metals only. in the mid-1970's, the company began to establish specialty metals centers stocked with inventories of selected metals and equipped with automated materials handling and precision cutting equipment. beginning in the early 1990's, owners of successful service center companies started to sell these companies as they were reaching re
![Reliance logo](/files/LOGO/861884-RS.png)
Company profile
Ticker
RS
Exchange
Website
CEO
James Hoffman
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Admiral Metals Servicenter Company, Incorporated • Acero Prime, S. de R.L. de C.V., a limited liability company • Aleaciones Especiales de Mexico • Allegheny Steel Distributors, Inc. • All Metal Services Limited • All Metal Services Ltd. • All Metal Services (Malaysia) Sdn. Bhd. • American Metals Corporation • AMI Metals, Inc. • AMI Metals Aero Services Ankara Havacılık Anonim Şirketi, a joint stock company ...
IRS number
951142616
RS stock data
Latest filings (excl ownership)
8-K
Reliance, Inc. Reports Second Quarter 2024 Financial Results
25 Jul 24
SD
Conflict minerals disclosure
29 May 24
8-K
Departure of Directors or Certain Officers
16 May 24
10-Q
2024 Q1
Quarterly report
2 May 24
8-K
Reliance, Inc. Reports First Quarter 2024 Financial Results
25 Apr 24
ARS
2023 FY
Annual report to shareholders
3 Apr 24
DEFA14A
Additional proxy soliciting materials
3 Apr 24
DEF 14A
Definitive proxy
3 Apr 24
10-K
2023 FY
Annual report
29 Feb 24
8-K
Reliance, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results and Unveils Corporate Rebranding
15 Feb 24
Transcripts
RS
Earnings call transcript
2024 Q2
25 Jul 24
RS
Earnings call transcript
2024 Q1
25 Apr 24
RS
Earnings call transcript
2023 Q4
15 Feb 24
RS
Earnings call transcript
2023 Q3
26 Oct 23
RS
Earnings call transcript
2023 Q2
27 Jul 23
RS
Earnings call transcript
2023 Q2
27 Jul 23
RS
Earnings call transcript
2023 Q1
27 Apr 23
RS
Earnings call transcript
2022 Q4
16 Feb 23
RS
Earnings call transcript
2022 Q3
27 Oct 22
RS
Earnings call transcript
2022 Q2
28 Jul 22
Latest ownership filings
144
Notice of proposed sale of securities
15 Jul 24
144
Notice of proposed sale of securities
11 Jul 24
11-K
Annual report of employee stock purchases
21 Jun 24
11-K
Annual report of employee stock purchases
21 Jun 24
4
Stephen Paul Koch
3 Jun 24
144
Notice of proposed sale of securities
3 Jun 24
144
Notice of proposed sale of securities
31 May 24
4
MARK V KAMINSKI
16 May 24
4
FRANK J DELLAQUILA
16 May 24
4
Robert Ambrose McEvoy
16 May 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 934.90 mm | 934.90 mm | 934.90 mm | 934.90 mm | 934.90 mm | 934.90 mm |
Cash burn (monthly) | 48.43 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 187.29 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 747.61 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 15.4 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
69.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 579 |
Opened positions | 190 |
Closed positions | 54 |
Increased positions | 152 |
Reduced positions | 166 |
13F shares | Current |
---|---|
Total value | 12.76 tn |
Total shares | 44.02 mm |
Total puts | 76.60 k |
Total calls | 183.50 k |
Total put/call ratio | 0.4 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 6.88 mm | $2.30 tn |
BLK Blackrock | 6.41 mm | $2.14 tn |
STT State Street | 2.57 mm | $857.67 bn |
T. Rowe Price | 1.31 mm | $436.67 mm |
Wellington Management | 1.19 mm | $396.09 bn |
Dimensional Fund Advisors | 1.12 mm | $372.66 bn |
Acadian Asset Management | 1.07 mm | $358.27 mm |
IVZ Invesco | 1.02 mm | $339.82 bn |
Yacktman Asset Management | 996.40 k | $332.98 bn |
Geode Capital Management | 962.44 k | $321.14 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
31 May 24 | Koch Stephen Paul | Common Stock | Sell | Dispose S | No | No | 297.17 | 992 | 294.79 k | 7,552 |
31 May 24 | Koch Stephen Paul | Common Stock | Sell | Dispose S | No | No | 296.53 | 2,201 | 652.66 k | 8,544 |
31 May 24 | Koch Stephen Paul | Common Stock | Sell | Dispose S | No | No | 295.29 | 12,976 | 3.83 mm | 10,745 |
31 May 24 | Koch Stephen Paul | Common Stock | Sell | Dispose S | No | No | 294.63 | 4,252 | 1.25 mm | 23,721 |
15 May 24 | David W Seeger | Common Stock | Grant | Acquire A | No | No | 0 | 506 | 0.00 | 1,888 |
15 May 24 | Colonias Karen Winifred | Common Stock | Grant | Acquire A | No | No | 0 | 506 | 0.00 | 506 |
15 May 24 | McEvoy Robert Ambrose | Common Stock | Grant | Acquire A | No | No | 0 | 506 | 0.00 | 22,247 |
15 May 24 | Douglas Stotlar | Common Stock | Grant | Acquire A | Yes | No | 0 | 506 | 0.00 | 8,747 |
News
Wolfe Research Downgrades Reliance to Underperform
26 Jul 24
Reliance Expects Q3 Adj EPS of $3.60-$3.80 Vs $4.51 Est
25 Jul 24
Reliance Q2 2024 Adj EPS $4.65 Misses $4.73 Estimate, Sales $3.643B Miss $3.650B Estimate
25 Jul 24
Here's How Much You Would Have Made Owning Reliance Stock In The Last 20 Years
17 Jul 24
Reliance, Inc To Acquire Tolling Assets from FerrouSouth, Financial Terms Undisclosed
15 Jul 24
Press releases
Reliance, Inc. Reports Second Quarter 2024 Financial Results
25 Jul 24
Reliance, Inc. Agrees to Acquire Tolling Assets from FerrouSouth
15 Jul 24
Reliance, Inc. to Announce Second Quarter 2024 Results on Thursday, July 25th
11 Jul 24
Reliance, Inc. Announces Upcoming Conference Participation
7 May 24