{"id":815083,"date":"2025-02-19T16:22:24","date_gmt":"2025-02-19T21:22:24","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-inc-reports-fourth-quarter-and-full-year-2024-financial-results\/"},"modified":"2025-02-19T16:22:24","modified_gmt":"2025-02-19T21:22:24","slug":"reliance-inc-reports-fourth-quarter-and-full-year-2024-financial-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-inc-reports-fourth-quarter-and-full-year-2024-financial-results\/","title":{"rendered":"Reliance, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results"},"content":{"rendered":"
\n

\n – Third highest annual cash flow from operations of $1.43 billion<\/em>\n <\/p>\n

\n – Repurchased record $1.09 billion of common stock in 2024; outstanding shares down 6%<\/em>\n <\/p>\n

\n – Annual net sales of $13.84 billion with tons sold up 4.0% (same-store tons sold up 1.0%)<\/em>\n <\/p>\n

\n – Strong annual gross profit margin of 29.7%<\/em>\n <\/p>\n

\n – Annual EPS of $15.56; non-GAAP EPS of $15.92<\/em>\n <\/p>\n

\n – Completed four acquisitions in 2024<\/em>\n <\/p>\n

\n – Increased quarterly dividend 9.1% to $1.20 per share (annual: $4.80)<\/em>\n <\/p>\n

\n – Stronger than anticipated fourth quarter operating results excluding non-recurring and year-end LIFO adjustments<\/em>\n <\/p>\n

SCOTTSDALE, Ariz., Feb. 19, 2025 (GLOBE NEWSWIRE) — Reliance, Inc. (NYSE: RS) today reported its financial results for the fourth quarter and full year ended December 31, 2024.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n (in millions, except tons sold which are in thousands, per ton and per share amounts)<\/strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n Sequential Quarter<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Twelve Months Ended December 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Year-
Over-
Year<\/strong>\n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n Year-
Over-
Year<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Q4 2024*<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Q3 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\n % Change<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 2024*<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 2023<\/strong>
\n \n <\/td>\n		\u00a0<\/td>\n\n % Change<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Q4 2023<\/strong>\n <\/td>\n\u00a0<\/td>\n\n % Change<\/strong>\n <\/td>\n<\/tr>\n
\n Income Statement Data: <\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net sales<\/td>\n$<\/td>\n3,126.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n3,420.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(8.6%<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n13,835.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n14,805.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(6.6%<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n3,337.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(6.3%<\/td>\n)<\/td>\n<\/tr>\n
Gross profit1<\/sup><\/td>\n$<\/td>\n886.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,006.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(11.9%<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n4,106.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n4,547.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(9.7%<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n1,021.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(13.3%<\/td>\n)<\/td>\n<\/tr>\n
Gross profit margin1<\/sup><\/td>\n\u00a0<\/td>\n28.3%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n29.4%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1.1%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n29.7%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n30.7%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1.0%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n30.6%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(2.3%<\/td>\n)<\/td>\n<\/tr>\n
Non-GAAP gross profit margin1,2<\/sup><\/td>\n\u00a0<\/td>\n28.6%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n29.4%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(0.8%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n29.7%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n30.7%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1.0%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n30.6%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(2.0%<\/td>\n)<\/td>\n<\/tr>\n
LIFO expense (income)<\/td>\n$<\/td>\n5.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(50.0<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(144.4<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n(164.5<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(59.5<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
LIFO expense (income) as a % of net sales<\/td>\n\u00a0<\/td>\n0.2%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1.5%<\/td>\n)<\/td>\n\u00a0<\/td>\n1.7%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1.0%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1.1%<\/td>\n)<\/td>\n\u00a0<\/td>\n0.1%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1.8%<\/td>\n)<\/td>\n\u00a0<\/td>\n2.0%<\/td>\n\u00a0<\/td>\n<\/tr>\n
LIFO expense (income) per diluted share, net of tax<\/td>\n$<\/td>\n0.08<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(0.68<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(1.93<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n(2.09<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(0.77<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Non-GAAP pretax expense (income) adjustments\u00b2<\/td>\n$<\/td>\n21.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n2.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n27.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(1.6<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n2.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Pretax income<\/td>\n$<\/td>\n133.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n260.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(48.8%<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n1,139.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,740.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(34.5%<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n333.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(59.9%<\/td>\n)<\/td>\n<\/tr>\n
Non-GAAP pretax income2<\/sup><\/td>\n$<\/td>\n154.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n263.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(41.1%<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n1,167.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,739.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(32.9%<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n335.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(53.9%<\/td>\n)<\/td>\n<\/tr>\n
Pretax income margin<\/td>\n\u00a0<\/td>\n4.3%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7.6%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(3.3%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n8.2%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n11.8%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(3.6%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10.0%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(5.7%<\/td>\n)<\/td>\n<\/tr>\n
Net income attributable to Reliance<\/td>\n$<\/td>\n105.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n199.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(47.1%<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n875.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,335.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(34.5%<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n272.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(61.4%<\/td>\n)<\/td>\n<\/tr>\n
Diluted EPS<\/td>\n$<\/td>\n1.93<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n3.61<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(46.5%<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n15.56<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n22.64<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(31.3%<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n4.70<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(58.9%<\/td>\n)<\/td>\n<\/tr>\n
Non-GAAP diluted EPS2<\/sup><\/td>\n$<\/td>\n2.22<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n3.64<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(39.0%<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n15.92<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n22.62<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(29.6%<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n4.73<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(53.1%<\/td>\n)<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Balance Sheet and Cash Flow Data:<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Cash provided by operations<\/td>\n$<\/td>\n473.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n463.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2.0%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,429.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,671.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(14.4%<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n525.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(10.0%<\/td>\n)<\/td>\n<\/tr>\n
Free cash flow2<\/sup><\/td>\n$<\/td>\n362.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n351.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3.2%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n999.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,202.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(16.9%<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n415.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(12.8%<\/td>\n)<\/td>\n<\/tr>\n
Net debt-to-total capital2<\/sup><\/td>\n\u00a0<\/td>\n10.2%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n11.5%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10.2%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.8%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.8%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net debt-to-EBITDA2<\/sup><\/td>\n\u00a0<\/td>\n0.6x<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.6x<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.6x<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.0x<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.0x<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Total debt-to-EBITDA2<\/sup><\/td>\n\u00a0<\/td>\n0.8x<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.8x<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.8x<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.6x<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.6x<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Capital Allocation Data:<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Acquisitions, net<\/td>\n$<\/td>\n(2.1<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n20.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n364.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n24.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(0.1<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Capital expenditures<\/td>\n$<\/td>\n110.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n112.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n430.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n468.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n110.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Dividends<\/td>\n$<\/td>\n61.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n60.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n249.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n238.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n58.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Share repurchases<\/td>\n$<\/td>\n142.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n432.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,093.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n479.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n240.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Key Business Metrics:<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Tons sold<\/td>\n\u00a0<\/td>\n1,444.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,521.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(5.1%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6,013.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,779.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4.0%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,354.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6.7%<\/td>\n\u00a0<\/td>\n<\/tr>\n
Tons sold (same-store)<\/td>\n\u00a0<\/td>\n1,385.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,465.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(5.5%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,816.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,760.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.0%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,347.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2.8%<\/td>\n\u00a0<\/td>\n<\/tr>\n
Average selling price per ton sold<\/td>\n$<\/td>\n2,170<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n2,246<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(3.4%<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n2,303<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n2,570<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(10.4%<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n2,466<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(12.0%<\/td>\n)<\/td>\n<\/tr>\n
Average selling price per ton sold (same-store)<\/td>\n$<\/td>\n2,198<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n2,266<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(3.0%<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n2,325<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n2,573<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(9.6%<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n2,471<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(11.0%<\/td>\n)<\/td>\n<\/tr>\n
Percentage of sales orders w\/ value-added processing<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n50%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n51%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
* Fourth quarter and twelve months ended December 31, 2024 includes one more shipping day compared to the same 2023 periods.<\/td>\n<\/tr>\n
Please refer to the footnotes at the end of this press release for additional information.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n Fourth Quarter 2024 Financial Highlights
<\/strong>Underlying operating results for the fourth quarter of 2024 were stronger than anticipated due to better-than-expected shipment levels as well as gross profit margin improvement when excluding the impacts of non-recurring items along with year-end LIFO reserve and income tax adjustments.<\/p>\n

The Company\u2019s tons sold in the fourth quarter of 2024 decreased 5.1% compared to the third quarter of 2024, better than management\u2019s expectations of down 6% to 8%. Average selling price per ton sold fell 3.4% compared to the third quarter of 2024, within management\u2019s expectations of down 1.5% to 3.5%. The Company\u2019s non-GAAP FIFO gross profit margin improved to 28.8% compared to 27.9% in the third quarter of 2024 supported by better alignment of replacement costs with inventory on hand, strong pricing discipline and contributions from broad value-added processing capabilities.<\/p>\n

LIFO gross profit margin declined to 28.3% from 29.4% in the third quarter of 2024 as the Company reported $5.6 million of LIFO expense as compared to the $50 million income estimate to true up 2024 LIFO income to $144.4 million from the $200 million annual estimate. Receipt of high-cost specialty stainless and alloy products with extended lead times that shortened in the second half of 2024 were the primary reason for the LIFO change. Overall, fourth quarter 2024 non-GAAP earnings per diluted share of $2.22 included a net unfavorable year-end LIFO and income tax true up impact of $0.74 per share compared to assumptions used in management\u2019s non-GAAP earnings per diluted share guidance of $2.65 to $2.85.<\/p>\n

\n Management Commentary
<\/strong>\u201cOur businesses demonstrated resilience in 2024 as strong execution of our model once again fueled solid financial results in a challenging market,\u201d said Karla Lewis, President and Chief Executive Officer of Reliance. \u201cThrough our emphasis on smart, profitable growth, we grew our same-store volumes well above industry shipment levels, bolstering our earnings in a declining metals pricing environment. Importantly, we were able to grow our tons shipped while also delivering a strong full year gross profit margin of 29.7%\u00a0\u2014 solidly within our sustainable annual range. Additionally, we successfully acquired and integrated four companies, adding $286.2 million to our 2024 net sales, or approximately $400 million annualized, and broadening our geographic base and processing capabilities in new and existing markets. Our 2024 non-GAAP EPS of $15.92 reflects the benefit of our targeted growth strategies, diverse end markets served, strong pricing discipline and expanded value-added processing capabilities, which collectively helped mitigate the impact of declining metal prices.\u201d<\/p>\n

Mrs. Lewis continued, \u201cOur profitability and effective management of working capital led to the generation of the third highest annual cash flow from operations in our history of $1.43 billion. We maintained our balanced approach to capital deployment in 2024, investing $430.6 million in capital expenditures, $364.6 million in acquisitions, a record $1.09 billion in share repurchases resulting in a 6% year-over-year reduction in our outstanding shares, and returning $249.7 million in dividends to our stockholders. While macroeconomic uncertainty persists, we believe our proven and resilient business model positions Reliance to continue delivering solid performance in 2025 and the years to come.\u201d<\/p>\n

\n End Market Commentary<\/strong>
\n
Reliance provides a diverse range of metal products and value-added processing services to a wide variety of end markets, generally in small quantities on an as-needed basis. The Company\u2019s tons sold in the fourth quarter of 2024 increased 6.7% compared to the prior year quarter and decreased 5.1% compared to the third quarter of 2024, exceeding management\u2019s expectations of down 6% to 8%. On a same-store basis, the Company\u2019s fourth quarter tons sold increased 2.8% compared to the fourth quarter of 2023. For the full year of 2024, the Company\u2019s total tons sold increased 4.0% and 1.0% on a same-store basis, surpassing the industry-wide decline of 2.0% reported by the MSCI.<\/p>\n

Demand in non-residential construction (including infrastructure), Reliance\u2019s largest end market by tons, improved compared to both the fourth quarter and full year of 2023. The Company expects non-residential construction demand to remain at healthy levels in the first quarter of 2025, supported by new construction projects in diverse sectors including data centers, energy infrastructure, manufacturing and public infrastructure.<\/p>\n

Demand across the broader manufacturing sectors Reliance serves increased from the fourth quarter of 2023 and overall was steady with the full year of 2023. Industrial machinery, military, shipbuilding, and rail demand were strong. Consumer products demand showed improvement in the fourth quarter of 2024 from prior quarters. Weaker demand in heavy equipment, particularly in the agricultural sector, offset stronger demand in other manufacturing sectors. Reliance anticipates that demand for its products across the broader manufacturing sector will remain relatively stable in the first quarter of 2025.<\/p>\n

Demand in commercial aerospace remained stable compared to both the fourth quarter and full year of 2023. Reliance anticipates fairly consistent demand in the first quarter of 2025, subject to changes in build rates. The strong demand in the military and space related portions of Reliance\u2019s aerospace business is expected to continue in the first quarter of 2025.<\/p>\n

Demand for the toll processing services Reliance provides to the automotive market improved compared to both the fourth quarter and full year of 2023. The Company expects demand for automotive toll processing to remain relatively stable in the first quarter of 2025.<\/p>\n

Demand in the semiconductor market declined compared to both the fourth quarter and full year of 2023. The Company anticipates demand will remain under pressure in the first quarter of 2025 due to continued excess inventory in the supply chain.<\/p>\n

\n Balance Sheet & Cash Flow<\/strong>
\n
At December 31, 2024, Reliance\u2019s cash and cash equivalents totaled $318.1 million with total debt outstanding of $1.15 billion and no outstanding borrowings under the Company\u2019s $1.5 billion revolving credit facility.<\/p>\n

Reliance generated cash flow from operations of $473.3 million in the fourth quarter and $1.43 billion for the full year ended December 31, 2024 which was its third highest annual result. Reliance continues to generate and deploy significant cash flow from operations to fund execution of the Company\u2019s flexible and opportunistic capital allocation strategy focused on both growth and stockholder returns.<\/p>\n

\n Stockholder Return Activity<\/strong>
\n
On February 18, 2025, the Company\u2019s Board of Directors declared a quarterly cash dividend of $1.20 per share of common stock, an increase of 9.1%, payable on March 21, 2025 to stockholders of record as of March 7, 2025. Reliance has paid regular quarterly cash dividends for 65 consecutive years without reduction or suspension and has increased the dividend 32 times since its 1994 IPO to a current annual rate of $4.80 per common share.<\/p>\n

In the fourth quarter of 2024, Reliance repurchased 525,264 shares of its common stock at an average cost of $271.11 per share, for a total of $142.4 million. During the year ended December 31, 2024, Reliance repurchased approximately 3.9 million shares of its common stock at an average cost of $282.98, for a total of $1.09 billion. Subsequent to the end of the fourth quarter, as of February 18, 2025, Reliance repurchased 743,262 shares of its common stock at an average cost of $273.37 per share, for a total of $203.2 million. As of February 18, 2025, $1.15 billion remained available to repurchase under the Company\u2019s share repurchase program that was replenished to $1.5 billion on October 22, 2024. Since 2020, Reliance has repurchased approximately 15.8 million shares of its common stock at an average cost of $194.24 per share for a total of $3.07 billion.<\/p>\n

\n Corporate Developments<\/strong>
\n
Brenda Miyamoto was promoted to Senior Vice President, Strategic Planning & Programs, on February 18, 2025. Ms. Miyamoto has served as Vice President, Corporate Initiatives since August 2012 and has held various positions of increasing responsibility at Reliance since 2001. In addition, Scott Ramsbottom was appointed Vice President, Chief Information Officer of Reliance effective November 18, 2024. Mr. Ramsbottom is a veteran industrial distribution CIO with more than 25 years\u2019 experience.<\/p>\n

\n Business Outlook <\/strong>
\n
Reliance anticipates underlying demand will improve modestly in the first quarter of 2025 across the majority of the end markets it serves, despite continued uncertainty regarding domestic and international economic policy. Accordingly, the Company estimates its tons sold will be up 6.0% to 8.0% in the first quarter of 2025 compared to the fourth quarter of 2024, consistent with seasonal trends, and up 3.0% to 5.0% from the first quarter of 2024 with 0.5% to 2.5% attributable to same store growth. Reliance expects its average selling price per ton sold for the first quarter of 2025 to be down 1% to up 1% compared to the fourth quarter of 2024 as prices for most products have stabilized. Reliance anticipates its FIFO gross profit margin to continue to improve in the first quarter of 2025, reflecting better alignment of replacement costs and inventory costs on hand. Importantly, this outlook assumes no significant trade policy disruption to carbon steel, stainless steel and aluminum product markets and pricing. Based on these expectations, the Company anticipates non-GAAP earnings per diluted share in the range of $3.30 to $3.50 for the first quarter of 2025.<\/p>\n

\n Conference Call Details<\/strong>
\n
A conference call and simultaneous webcast to discuss Reliance\u2019s fourth quarter and full year 2024 financial results and business outlook will be held on Thursday, February 20, 2025 at 11:00 a.m. Eastern Time \/ 8:00 a.m. Pacific Time. To listen to the live call by telephone, please dial (877) 407-0792 (U.S. and Canada) or (201) 689-8263 (International) approximately 10 minutes prior to the start time and use conference ID: 13751162. The call will also be broadcast live over the Internet hosted on the Investors section of the Company’s website at investor.reliance.com<\/a>.<\/p>\n

For those unable to participate during the live broadcast, a replay of the call will also be available beginning that same day at 2:00 p.m. Eastern Time until 11:59 p.m. Eastern Time on March 6, 2025, by dialing (844) 512-2921 (U.S. and Canada) or (412) 317-6671 (International) and entering the conference ID: 13751162. The webcast will remain posted on the Investors section of Reliance\u2019s website at reliance.com<\/a> for 90 days.<\/p>\n

\n About Reliance, Inc.<\/strong>
\n
Founded in 1939, Reliance, Inc. (NYSE: RS) is a leading global diversified metal solutions provider and the largest metals service center company in North America. Through a network of 320 locations in 41 states and 10 countries outside of the United States, Reliance provides value-added metals processing services and distributes a full-line of over 100,000 metal products to more than 125,000 customers in a broad range of industries. Reliance focuses on small orders with quick turnaround and value-added processing services. In 2024, Reliance\u2019s average order size was $2,980, approximately 50% of orders included value-added processing and approximately 40% of orders were delivered within 24 hours. Reliance, Inc.\u2019s press releases and additional information are available on the Company\u2019s website at reliance.com<\/a>.<\/p>\n

\n Forward-Looking Statements<\/strong>
\n
This press release contains certain statements that are, or may be deemed to be, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may include, but are not limited to, discussions of Reliance\u2019s industry and end markets, business strategies, acquisitions, and expectations concerning the Company\u2019s future growth and profitability and its ability to generate industry leading returns for its stockholders, as well as future demand and metals pricing and the Company\u2019s results of operations, margins, profitability, taxes, liquidity, macroeconomic conditions, including inflation and the possibility of an economic recession or slowdown, litigation matters and capital resources. In some cases, you can identify forward-looking statements by terminology such as \u201cmay,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201ccould,\u201d \u201cwould,\u201d \u201cexpect,\u201d \u201cplan,\u201d \u201canticipate,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201cpredict,\u201d \u201cpotential,\u201d \u201cpreliminary,\u201d \u201crange,\u201d \u201cintend\u201d and \u201ccontinue,\u201d the negative of these terms, and similar expressions.<\/p>\n

These forward-looking statements are based on management’s estimates, projections and assumptions as of today\u2019s date that may not prove to be accurate. Forward-looking statements involve known and unknown risks and uncertainties and are not guarantees of future performance. Actual outcomes and results may differ materially from what is expressed or forecasted in these forward-looking statements as a result of various important factors, including, but not limited to, actions taken by Reliance, as well as developments beyond its control, including, but not limited to, the possibility that the expected benefits of acquisitions and capital expenditures may not materialize as expected; the impacts of labor constraints and supply chain disruptions; U.S.\u00a0and foreign trade policies affecting metals product markets and pricing; and changes in domestic and worldwide political and economic conditions such as inflation and the possibility of an economic recession that could materially impact the Company, its customers and suppliers, metals pricing, and demand for the Company\u2019s products and services. Deteriorations in economic conditions as a result of economic policies, inflation, economic recession, slowing growth, outbreaks of infectious disease, geopolitical conflicts such as in Ukraine and the Middle East, could lead to a decline in demand for the Company\u2019s products and services and negatively impact its business, and may also impact financial markets and corporate credit markets which could adversely impact the Company\u2019s access to financing, or the terms of any financing. The Company cannot at this time predict all of the impacts of domestic and foreign tariffs and trade policies, inflation, product price fluctuations, economic recession, outbreaks of infectious disease, geopolitical conflicts and related economic effects, but these factors, individually or in any combination, could have a material adverse effect on the Company\u2019s business, financial position, results of operations and cash flows.<\/p>\n

The statements contained in this press release speak only as of the date hereof, and Reliance disclaims any and all obligations to publicly update or revise any forward-looking statements, whether as a result of new information, future events or for any other reason, except as may be required by law. Important risks and uncertainties about Reliance\u2019s business can be found in \u201cItem 1A. Risk Factors\u201d of the Company\u2019s Annual Report on Form 10-K for the year ended December 31, 2023 and in other documents Reliance files or furnishes with the United States Securities and Exchange Commission.<\/p>\n

CONTACT:
(213) 576-2428
investor@reliance.com<\/a><\/p>\n

or Addo Investor Relations
(310) 829-5400<\/p>\n

\n (Tables to follow)<\/strong>\n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n
\n Fourth Quarter 2024 Major Commodity Metrics<\/u>
\n <\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Tons Sold (tons in thousands; % change)<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Average Selling
Price per Ton
Sold (% change)<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Q4 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Q3 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Sequential Quarter
Change<\/strong>\n <\/td>\n		\u00a0<\/td>\n\n Q4 2023<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Year-Over-Year
Change<\/strong>\n <\/td>\n		\u00a0<\/td>\n\n Sequential
Quarter Change<\/strong>\n <\/td>\n		\u00a0<\/td>\n\n Year-Over-Year
Change<\/strong>\n <\/td>\n<\/tr>\n
Carbon steel<\/td>\n\u00a0<\/td>\n1,185.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,246.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(5.0%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,100.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7.7%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(4.8%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(13.5%<\/td>\n)<\/td>\n<\/tr>\n
Aluminum<\/td>\n\u00a0<\/td>\n75.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n80.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(5.5%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n76.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(0.7%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(2.1%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(3.0%<\/td>\n)<\/td>\n<\/tr>\n
Stainless steel<\/td>\n\u00a0<\/td>\n67.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n73.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(7.5%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n65.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3.4%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(0.4%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(11.6%<\/td>\n)<\/td>\n<\/tr>\n
Alloy<\/td>\n\u00a0<\/td>\n27.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n30.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(7.9%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n29.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(4.8%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(0.1%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1.4%<\/td>\n)<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Sales ($’s in millions; % change)<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Q4 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Q3 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Sequential
Quarter Change<\/strong>\n <\/td>\n		\u00a0<\/td>\n\n Q4 2023<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Year-Over-Year
Change<\/strong>\n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Carbon steel<\/td>\n$<\/td>\n1,680.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,856.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(9.4%<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n1,805.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(6.9%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Aluminum<\/td>\n$<\/td>\n534.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n576.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(7.3%<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n553.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(3.6%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Stainless steel<\/td>\n$<\/td>\n473.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n513.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(7.9%<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n517.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(8.6%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Alloy<\/td>\n$<\/td>\n143.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n155.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(8.2%<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n152.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(6.0%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n
\n Full Year 2024 Major Commodity Metrics<\/u>
\n <\/strong>\n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Tons Sold (tons in thousands; % change)<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n Average Selling
Price per Ton
Sold (% change)<\/strong>\n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 2023<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Year-Over-Year
Change<\/strong>\n <\/td>\n		\u00a0<\/td>\n\n Year-Over-Year
Change<\/strong>\n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Carbon steel<\/td>\n\u00a0<\/td>\n4,921.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,688.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5.0%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(10.6%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Aluminum<\/td>\n\u00a0<\/td>\n319.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n323.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1.4%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(5.2%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Stainless steel<\/td>\n\u00a0<\/td>\n290.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n283.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2.1%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(13.3%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Alloy<\/td>\n\u00a0<\/td>\n123.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n131.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(5.9%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(3.9%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Sales ($’s in millions; % change)<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 2023<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Year-Over-Year
Change<\/strong>\n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Carbon steel<\/td>\n$<\/td>\n7,575.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n8,071.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(6.1%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Aluminum<\/td>\n$<\/td>\n2,294.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n2,456.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(6.6%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Stainless steel<\/td>\n$<\/td>\n2,068.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n2,336.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(11.5%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Alloy<\/td>\n$<\/td>\n637.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n704.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(9.5%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Sales by Product ($’s as a % of total sales)<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n Twelve Months Ended<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n December 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Q4 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Q3 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Q4 2023<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 2023<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Carbon steel structurals<\/td>\n\u00a0<\/td>\n12%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n12%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n11%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n11%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n11%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Carbon steel plate<\/td>\n\u00a0<\/td>\n11%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n12%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n12%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n12%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n12%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Carbon steel tubing<\/td>\n\u00a0<\/td>\n9%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Hot-rolled steel sheet & coil<\/td>\n\u00a0<\/td>\n8%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n8%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n8%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n8%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Carbon steel bar<\/td>\n\u00a0<\/td>\n5%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Galvanized steel sheet & coil<\/td>\n\u00a0<\/td>\n5%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Cold-rolled steel sheet & coil<\/td>\n\u00a0<\/td>\n2%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Carbon steel<\/td>\n\u00a0<\/td>\n52%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n53%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n52%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n53%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n53%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Aluminum bar & tube<\/td>\n\u00a0<\/td>\n5%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Heat-treated aluminum plate<\/td>\n\u00a0<\/td>\n5%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Common alloy aluminum sheet & coil<\/td>\n\u00a0<\/td>\n4%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Common alloy aluminum plate<\/td>\n\u00a0<\/td>\n1%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Heat-treated aluminum sheet & coil<\/td>\n\u00a0<\/td>\n1%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Aluminum<\/td>\n\u00a0<\/td>\n16%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n16%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n16%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n16%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n16%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Stainless steel bar & tube<\/td>\n\u00a0<\/td>\n8%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n8%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n8%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Stainless steel sheet & coil<\/td>\n\u00a0<\/td>\n5%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Stainless steel plate<\/td>\n\u00a0<\/td>\n2%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Stainless steel<\/td>\n\u00a0<\/td>\n15%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n15%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n15%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n14%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n15%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Alloy bar & rod<\/td>\n\u00a0<\/td>\n3%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Alloy tube<\/td>\n\u00a0<\/td>\n1%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Alloy<\/td>\n\u00a0<\/td>\n4%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Miscellaneous<\/td>\n\u00a0<\/td>\n6%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Toll processing & logistics<\/td>\n\u00a0<\/td>\n5%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Copper & brass<\/td>\n\u00a0<\/td>\n2%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Other<\/td>\n\u00a0<\/td>\n13%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n12%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n12%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n12%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n11%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Total<\/td>\n\u00a0<\/td>\n100%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n100%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n100%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n100%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n100%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n<\/tr>\n
\n RELIANCE, INC.<\/strong>\n <\/td>\n<\/tr>\n
\n UNAUDITED CONSOLIDATED STATEMENTS OF INCOME<\/strong>\n <\/td>\n<\/tr>\n
\n (in millions, except number of shares which are reflected in thousands and per share amounts)<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Three Months Ended<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Twelve Months Ended<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\n December 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\n December 31,<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 2023<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 2023*<\/strong>\n <\/td>\n<\/tr>\n
Net sales<\/td>\n$<\/td>\n3,126.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n3,337.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n13,835.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n14,805.9<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Costs and expenses:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Cost of sales (exclusive of depreciation and amortization shown below)<\/td>\n\u00a0<\/td>\n2,240.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,315.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9,728.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10,258.6<\/td>\n\u00a0<\/td>\n<\/tr>\n
Warehouse, delivery, selling, general and administrative (\u201cSG&A\u201d)<\/td>\n\u00a0<\/td>\n662.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n633.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,666.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,562.4<\/td>\n\u00a0<\/td>\n<\/tr>\n
Depreciation and amortization<\/td>\n\u00a0<\/td>\n70.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n62.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n268.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n245.4<\/td>\n\u00a0<\/td>\n<\/tr>\n
Impairment<\/td>\n\u00a0<\/td>\n11.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n11.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n2,984.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,012.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n12,675.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n13,066.4<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Operating income<\/td>\n\u00a0<\/td>\n141.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n325.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,160.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,739.5<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Other (income) expense:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Interest expense<\/td>\n\u00a0<\/td>\n10.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n40.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n40.1<\/td>\n\u00a0<\/td>\n<\/tr>\n
Other income, net<\/td>\n\u00a0<\/td>\n(1.7<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(18.0<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(20.2<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(41.3<\/td>\n)<\/td>\n<\/tr>\n
Income before income taxes<\/td>\n\u00a0<\/td>\n133.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n333.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,139.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,740.7<\/td>\n\u00a0<\/td>\n<\/tr>\n
Income tax provision<\/td>\n\u00a0<\/td>\n27.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n59.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n261.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n400.6<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net income<\/td>\n\u00a0<\/td>\n106.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n273.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n878.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,340.1<\/td>\n\u00a0<\/td>\n<\/tr>\n
Less: net income attributable to noncontrolling interests<\/td>\n\u00a0<\/td>\n0.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4.2<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net income attributable to Reliance<\/td>\n$<\/td>\n105.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n272.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n875.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,335.9<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Earnings per share attributable to Reliance stockholders:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Basic<\/td>\n$<\/td>\n1.95<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n4.75<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n15.70<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n22.90<\/td>\n\u00a0<\/td>\n<\/tr>\n
Diluted<\/td>\n$<\/td>\n1.93<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n4.70<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n15.56<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n22.64<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Shares used in computing earnings per share:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Basic<\/td>\n\u00a0<\/td>\n54,104<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n57,381<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n55,746<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n58,328<\/td>\n\u00a0<\/td>\n<\/tr>\n
Diluted<\/td>\n\u00a0<\/td>\n54,555<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n58,071<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n56,246<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n59,015<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Cash dividends declared per common share<\/td>\n$<\/td>\n1.10<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1.00<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n4.40<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n4.00<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
* Derived from audited financial statements.<\/td>\n<\/tr>\n
\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n<\/tr>\n
\n RELIANCE, INC.<\/strong>\n <\/td>\n<\/tr>\n
\n UNAUDITED CONSOLIDATED BALANCE SHEETS<\/strong>\n <\/td>\n<\/tr>\n
\n (in millions, except number of shares<\/strong>
\n which are reflected in thousands and par value)<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n December 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\n December 31,<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 2023*<\/strong>\n <\/td>\n<\/tr>\n
\n ASSETS<\/strong>\n <\/td>\n<\/tr>\n
Current assets:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Cash and cash equivalents<\/td>\n$<\/td>\n318.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,080.2<\/td>\n\u00a0<\/td>\n<\/tr>\n
Accounts receivable, less allowance for credit losses of $23.2 at December 31, 2024 and $24.9 at December 31, 2023<\/td>\n\u00a0<\/td>\n1,342.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,472.4<\/td>\n\u00a0<\/td>\n<\/tr>\n
Inventories<\/td>\n\u00a0<\/td>\n2,026.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,043.2<\/td>\n\u00a0<\/td>\n<\/tr>\n
Prepaid expenses and other current assets<\/td>\n\u00a0<\/td>\n148.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n140.4<\/td>\n\u00a0<\/td>\n<\/tr>\n
Income taxes receivable<\/td>\n\u00a0<\/td>\n60.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n35.6<\/td>\n\u00a0<\/td>\n<\/tr>\n
Total current assets<\/td>\n\u00a0<\/td>\n3,895.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,771.8<\/td>\n\u00a0<\/td>\n<\/tr>\n
Property, plant and equipment, net<\/td>\n\u00a0<\/td>\n2,544.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,248.4<\/td>\n\u00a0<\/td>\n<\/tr>\n
Operating lease right-of-use assets<\/td>\n\u00a0<\/td>\n275.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n231.6<\/td>\n\u00a0<\/td>\n<\/tr>\n
Goodwill<\/td>\n\u00a0<\/td>\n2,161.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,111.1<\/td>\n\u00a0<\/td>\n<\/tr>\n
Intangible assets, net<\/td>\n\u00a0<\/td>\n1,007.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n981.1<\/td>\n\u00a0<\/td>\n<\/tr>\n
Cash surrender value of life insurance policies, net<\/td>\n\u00a0<\/td>\n46.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n43.8<\/td>\n\u00a0<\/td>\n<\/tr>\n
Other long-term assets<\/td>\n\u00a0<\/td>\n91.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n92.5<\/td>\n\u00a0<\/td>\n<\/tr>\n
Total assets<\/td>\n$<\/td>\n10,021.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n10,480.3<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n LIABILITIES AND EQUITY<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Current liabilities:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Accounts payable<\/td>\n$<\/td>\n361.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n410.3<\/td>\n\u00a0<\/td>\n<\/tr>\n
Accrued expenses<\/td>\n\u00a0<\/td>\n144.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n118.5<\/td>\n\u00a0<\/td>\n<\/tr>\n
Accrued compensation and retirement benefits<\/td>\n\u00a0<\/td>\n195.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n213.9<\/td>\n\u00a0<\/td>\n<\/tr>\n
Accrued insurance costs<\/td>\n\u00a0<\/td>\n50.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n44.4<\/td>\n\u00a0<\/td>\n<\/tr>\n
Current maturities of long-term debt<\/td>\n\u00a0<\/td>\n399.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.3<\/td>\n\u00a0<\/td>\n<\/tr>\n
Current maturities of operating lease liabilities<\/td>\n\u00a0<\/td>\n61.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n56.2<\/td>\n\u00a0<\/td>\n<\/tr>\n
Total current liabilities<\/td>\n\u00a0<\/td>\n1,213.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n843.6<\/td>\n\u00a0<\/td>\n<\/tr>\n
Long-term debt<\/td>\n\u00a0<\/td>\n742.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,141.9<\/td>\n\u00a0<\/td>\n<\/tr>\n
Operating lease liabilities<\/td>\n\u00a0<\/td>\n214.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n178.9<\/td>\n\u00a0<\/td>\n<\/tr>\n
Long-term retirement benefits<\/td>\n\u00a0<\/td>\n26.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n25.1<\/td>\n\u00a0<\/td>\n<\/tr>\n
Other long-term liabilities<\/td>\n\u00a0<\/td>\n56.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n64.0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Deferred income taxes<\/td>\n\u00a0<\/td>\n537.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n494.0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Total liabilities<\/td>\n\u00a0<\/td>\n2,791.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,747.5<\/td>\n\u00a0<\/td>\n<\/tr>\n
Commitments and contingencies<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Equity:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Preferred stock, $0.001 par value: 5,000 shares authorized; none issued or outstanding<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n<\/tr>\n
Common stock and additional paid-in capital, $0.001 par value and 200,000 shares authorized<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Issued and outstanding shares\u201453,715 at December 31, 2024 and 57,271 at December 31, 2023<\/td>\n\u00a0<\/td>\n0.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.1<\/td>\n\u00a0<\/td>\n<\/tr>\n
Retained earnings<\/td>\n\u00a0<\/td>\n7,334.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7,798.9<\/td>\n\u00a0<\/td>\n<\/tr>\n
Accumulated other comprehensive loss<\/td>\n\u00a0<\/td>\n(115.2<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(76.7<\/td>\n)<\/td>\n<\/tr>\n
Total Reliance stockholders\u2019 equity<\/td>\n\u00a0<\/td>\n7,219.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7,722.3<\/td>\n\u00a0<\/td>\n<\/tr>\n
Noncontrolling interests<\/td>\n\u00a0<\/td>\n11.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10.5<\/td>\n\u00a0<\/td>\n<\/tr>\n
Total equity<\/td>\n\u00a0<\/td>\n7,230.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7,732.8<\/td>\n\u00a0<\/td>\n<\/tr>\n
Total liabilities and equity<\/td>\n$<\/td>\n10,021.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n10,480.3<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
* Derived from audited financial statements.<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n<\/tr>\n
\n RELIANCE, INC.<\/strong>\n <\/td>\n<\/tr>\n
\n UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS<\/strong>\n <\/td>\n<\/tr>\n
\n (in millions)<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Twelve Months Ended<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\n December 31,<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 2023*<\/strong>\n <\/td>\n<\/tr>\n
\n Operating activities:<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net income<\/td>\n$<\/td>\n878.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,340.1<\/td>\n\u00a0<\/td>\n<\/tr>\n
Adjustments to reconcile net income to net cash provided by operating activities:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Depreciation and amortization expense<\/td>\n\u00a0<\/td>\n268.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n245.4<\/td>\n\u00a0<\/td>\n<\/tr>\n
Impairment<\/td>\n\u00a0<\/td>\n11.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n<\/tr>\n
Provision for credit losses<\/td>\n\u00a0<\/td>\n2.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3.5<\/td>\n\u00a0<\/td>\n<\/tr>\n
Deferred income tax provision<\/td>\n\u00a0<\/td>\n36.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n16.2<\/td>\n\u00a0<\/td>\n<\/tr>\n
Stock-based compensation expense<\/td>\n\u00a0<\/td>\n56.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n65.0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net loss (gain) on life insurance policies and deferred compensation plan assets<\/td>\n\u00a0<\/td>\n5.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(0.5<\/td>\n)<\/td>\n<\/tr>\n
Other<\/td>\n\u00a0<\/td>\n4.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(0.3<\/td>\n)<\/td>\n<\/tr>\n
Changes in operating assets and liabilities (excluding effect of businesses acquired):<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Accounts receivable<\/td>\n\u00a0<\/td>\n167.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n95.6<\/td>\n\u00a0<\/td>\n<\/tr>\n
Inventories<\/td>\n\u00a0<\/td>\n116.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(41.5<\/td>\n)<\/td>\n<\/tr>\n
Prepaid expenses and other assets<\/td>\n\u00a0<\/td>\n27.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n37.3<\/td>\n\u00a0<\/td>\n<\/tr>\n
Accounts payable and other liabilities<\/td>\n\u00a0<\/td>\n(145.5<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(89.5<\/td>\n)<\/td>\n<\/tr>\n
Net cash provided by operating activities<\/td>\n\u00a0<\/td>\n1,429.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,671.3<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Investing activities:<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Acquisitions, net of cash acquired<\/td>\n\u00a0<\/td>\n(364.6<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(24.0<\/td>\n)<\/td>\n<\/tr>\n
Purchases of property, plant and equipment<\/td>\n\u00a0<\/td>\n(430.6<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(468.8<\/td>\n)<\/td>\n<\/tr>\n
Proceeds from sales of property, plant and equipment<\/td>\n\u00a0<\/td>\n4.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n11.1<\/td>\n\u00a0<\/td>\n<\/tr>\n
Other<\/td>\n\u00a0<\/td>\n(13.2<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(2.2<\/td>\n)<\/td>\n<\/tr>\n
Net cash used in investing activities<\/td>\n\u00a0<\/td>\n(803.7<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(483.9<\/td>\n)<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Financing activities:<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net short-term debt repayments<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(2.2<\/td>\n)<\/td>\n<\/tr>\n
Proceeds from long-term debt borrowings<\/td>\n\u00a0<\/td>\n663.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n<\/tr>\n
Principal payments on long-term debt<\/td>\n\u00a0<\/td>\n(663.3<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(506.1<\/td>\n)<\/td>\n<\/tr>\n
Cash dividends and dividend equivalents<\/td>\n\u00a0<\/td>\n(249.7<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(238.1<\/td>\n)<\/td>\n<\/tr>\n
Share repurchases<\/td>\n\u00a0<\/td>\n(1,093.7<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(479.5<\/td>\n)<\/td>\n<\/tr>\n
Taxes paid related to net share settlement of restricted stock units<\/td>\n\u00a0<\/td>\n(42.8<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(54.1<\/td>\n)<\/td>\n<\/tr>\n
Other<\/td>\n\u00a0<\/td>\n10.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(2.3<\/td>\n)<\/td>\n<\/tr>\n
Net cash used in financing activities<\/td>\n\u00a0<\/td>\n(1,376.4<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1,282.3<\/td>\n)<\/td>\n<\/tr>\n
Effect of exchange rate changes on cash and cash equivalents<\/td>\n\u00a0<\/td>\n(11.8<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.7<\/td>\n\u00a0<\/td>\n<\/tr>\n
Decrease in cash and cash equivalents<\/td>\n\u00a0<\/td>\n(762.1<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(93.2<\/td>\n)<\/td>\n<\/tr>\n
Cash and cash equivalents at beginning of year<\/td>\n\u00a0<\/td>\n1,080.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,173.4<\/td>\n\u00a0<\/td>\n<\/tr>\n
Cash and cash equivalents at end of year<\/td>\n$<\/td>\n318.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,080.2<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Supplemental cash flow information:<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Interest paid during the year<\/td>\n$<\/td>\n37.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n41.8<\/td>\n\u00a0<\/td>\n<\/tr>\n
Income taxes paid during the year, net<\/td>\n$<\/td>\n244.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n386.3<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
* Derived from audited financial statements.<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n<\/tr>\n
\n RELIANCE, INC.<\/strong>\n <\/td>\n<\/tr>\n
\n NON-GAAP RECONCILIATION<\/strong>\n <\/td>\n<\/tr>\n
\n (in millions, except per share amounts)<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Net Income<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Diluted EPS<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Three Months Ended<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Three Months Ended<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\n December 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\n September 30,<\/strong>\n <\/td>\n\u00a0<\/td>\n\n December 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\n December 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\n September 30,<\/strong>\n <\/td>\n\u00a0<\/td>\n\n December 31,<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\n \u00a0\u00a0\u00a0<\/strong>\n <\/td>\n\n 2024<\/strong>\n <\/td>\n\n \u00a0\u00a0\u00a0<\/strong>\n <\/td>\n\n 2023<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\n \u00a0\u00a0\u00a0<\/strong>\n <\/td>\n\n 2024<\/strong>\n <\/td>\n\n \u00a0\u00a0\u00a0<\/strong>\n <\/td>\n\n 2023<\/strong>\n <\/td>\n<\/tr>\n
Net income attributable to Reliance<\/td>\n$<\/td>\n105.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n199.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n272.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1.93<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n3.61<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n4.70<\/td>\n\u00a0<\/td>\n<\/tr>\n
Impairment and restructuring charges<\/td>\n\u00a0<\/td>\n22.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.41<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.03<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.02<\/td>\n\u00a0<\/td>\n<\/tr>\n
Non-recurring income of acquisitions<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1.6<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(0.03<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n<\/tr>\n
Non-recurring settlement (credits) charges<\/td>\n\u00a0<\/td>\n(1.0<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(0.02<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.01<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n<\/tr>\n
Debt restructuring charge<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.03<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n<\/tr>\n
Charges related to sale of non-core assets<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.02<\/td>\n\u00a0<\/td>\n<\/tr>\n
Income tax benefit related to above items<\/td>\n\u00a0<\/td>\n(5.4<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(0.6<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(0.5<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(0.10<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(0.01<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(0.01<\/td>\n)<\/td>\n<\/tr>\n
Non-GAAP net income attributable to Reliance<\/td>\n$<\/td>\n121.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n201.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n274.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n2.22<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n3.64<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n4.73<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n Net Income<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Diluted EPS<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n Twelve Months Ended<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Twelve Months Ended<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n December 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\n December 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\n December 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\n December 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 2023<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 2023<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net income attributable to Reliance<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n875.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,335.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n15.56<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n22.64<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Impairment and restructuring charges<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n25.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.44<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.04<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Non-recurring income of acquisitions<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(3.6<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(0.06<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Non-recurring settlement charges<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.07<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Debt restructuring charge<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.03<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Gains related to sales of non-core assets<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(3.8<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(0.07<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Income tax (benefit) expense related to above items<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(6.8<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(0.12<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.01<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Non-GAAP net income attributable to Reliance<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n895.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,334.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n15.92<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n22.62<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Three Months Ended<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Twelve Months Ended<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n December 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\n September 30,<\/strong>\n <\/td>\n\u00a0<\/td>\n\n December 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\n December 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\n December 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 2023<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 2023<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Pretax income<\/td>\n$<\/td>\n133.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n260.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n333.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,139.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,740.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Impairment and restructuring charges<\/td>\n\u00a0<\/td>\n22.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n25.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Non-recurring income of acquisitions<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1.6<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(3.6<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Non-recurring settlement (credits) charges<\/td>\n\u00a0<\/td>\n(1.0<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Debt restructuring charge<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Charges (gains) related to sales of non-core assets<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(3.8<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Non-GAAP pretax expense (income) adjustments<\/td>\n\u00a0<\/td>\n21.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n27.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1.6<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Non-GAAP pretax income<\/td>\n$<\/td>\n154.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n263.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n335.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,167.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,739.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Three Months Ended<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Twelve Months Ended<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n December 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\n September 30,<\/strong>\n <\/td>\n\u00a0<\/td>\n\n December 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\n December 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\n December 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\n \u00a0\u00a0\u00a0<\/strong>\n <\/td>\n\n 2024<\/strong>\n <\/td>\n\n \u00a0\u00a0\u00a0<\/strong>\n <\/td>\n\n 2023<\/strong>\n <\/td>\n\n \u00a0\u00a0\u00a0<\/strong>\n <\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 2023<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Gross profit – LIFO<\/td>\n$<\/td>\n886.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,006.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,021.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n4,106.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n4,547.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Amortization of inventory step-down<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1.6<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(3.6<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Restructuring charges<\/td>\n\u00a0<\/td>\n8.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Non-GAAP gross profit<\/td>\n\u00a0<\/td>\n894.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,006.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,021.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,113.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,547.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
LIFO expense (income)<\/td>\n\u00a0<\/td>\n5.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(50.0<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(59.5<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(144.4<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(164.5<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Non-GAAP gross profit – FIFO<\/td>\n$<\/td>\n900.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n956.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n962.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n3,968.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n4,383.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Gross profit margin – LIFO<\/td>\n\u00a0<\/td>\n28.3%<\/td>\n\u00a0<\/td>\n\n \u00a0\u00a0\u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n29.4%<\/td>\n\u00a0<\/td>\n\n \u00a0\u00a0\u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n30.6%<\/td>\n\u00a0<\/td>\n\n \u00a0\u00a0\u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n29.7%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n30.7%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Amortization of inventory step-down as a % of sales<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Restructuring charges as a % of sales<\/td>\n\u00a0<\/td>\n0.3%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Non-GAAP gross profit margin<\/td>\n\u00a0<\/td>\n28.6%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n29.4%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n30.6%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n29.7%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n30.7%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
LIFO expense (income) as a % of sales<\/td>\n\u00a0<\/td>\n0.2%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1.5%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1.8%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1.0%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1.1%<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Non-GAAP gross profit margin – FIFO<\/td>\n\u00a0<\/td>\n28.8%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n27.9%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n28.8%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n28.7%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n29.6%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n December 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\n September 30,<\/strong>\n <\/td>\n\u00a0<\/td>\n\n December 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 2023<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Total debt<\/td>\n$<\/td>\n1,151.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,276.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,151.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Less: unamortized debt discount and debt issuance costs<\/td>\n\u00a0<\/td>\n(8.6<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(9.1<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(9.2<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Carrying amount of debt<\/td>\n\u00a0<\/td>\n1,142.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,267.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,142.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Less: cash and cash equivalents<\/td>\n\u00a0<\/td>\n(318.1<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(314.6<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1,080.2<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net debt<\/td>\n\u00a0<\/td>\n824.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n952.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n62.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Total Reliance stockholders\u2019 equity<\/td>\n\u00a0<\/td>\n7,219.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7,350.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7,722.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Total capital<\/td>\n$<\/td>\n8,044.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n8,303.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n7,784.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net debt-to-total capital<\/td>\n\u00a0<\/td>\n10.2%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n11.5%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.8%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Twelve Months Ended<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n December 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\n September 30,<\/strong>\n <\/td>\n\u00a0<\/td>\n\n December 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 2023<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net income<\/td>\n$<\/td>\n878.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,045.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,340.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Depreciation and amortization<\/td>\n\u00a0<\/td>\n268.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n261.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n245.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Impairment<\/td>\n\u00a0<\/td>\n11.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Interest expense<\/td>\n\u00a0<\/td>\n40.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n40.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n40.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Income taxes<\/td>\n\u00a0<\/td>\n261.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n294.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n400.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
EBITDA<\/td>\n$<\/td>\n1,460.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,640.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n2,026.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net debt-to-EBITDA<\/td>\n\u00a0<\/td>\n0.6x<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.6x<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.0x<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Total debt-to-EBITDA<\/td>\n\u00a0<\/td>\n0.8x<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.8x<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.6x<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Three Months Ended<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Twelve Months Ended<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n December 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\n September 30,<\/strong>\n <\/td>\n\u00a0<\/td>\n\n December 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\n December 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\n December 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 2023<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 2023<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Cash provided by operations<\/td>\n$<\/td>\n473.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n463.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n525.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,429.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,671.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Less: capital expenditures<\/td>\n\u00a0<\/td>\n(110.9<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(112.8<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(110.2<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(430.6<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(468.8<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Free cash flow<\/td>\n$<\/td>\n362.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n351.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n415.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n999.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,202.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Reliance, Inc.\u2019s presentation of non-GAAP pretax income, net income and EPS over certain time periods is an attempt to provide meaningful comparisons to the Company’s historical performance for its existing and future stockholders. Adjustments include impairment and restructuring charges, non-recurring income of its acquisitions, non-recurring settlement (credits) charges, non-recurring expenses related to the amendment of its credit agreement, and charges (gains) on sales of non-core property, plant, and equipment, which make comparisons of the Company\u2019s operating results between periods difficult using GAAP measures. Reliance, Inc.\u2019s presentation of gross profit margin – FIFO, which is calculated as gross profit plus LIFO expense (or minus LIFO income) divided by net sales, is presented to provide a means of comparison amongst its competitors who may not use the same inventory valuation method. Please see footnote 1 below for additional information on the Company\u2019s gross profit and gross profit margin. Reliance, Inc. presents net debt- and total debt-to-EBITDA as a measurement of leverage utilized by management to monitor its debt levels in relation to its operating cash flow for which it utilizes EBITDA as a proxy. Reliance, Inc. presents free cash flow as a measure of cash generated by its operations that will be used to repay scheduled debt maturities and can be used to invest in growth activities or returned to stockholders.<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Footnotes<\/strong>
\n \n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n 1\u00a0<\/sup>Gross profit, calculated as net sales less cost of sales, and gross profit margin, calculated as gross profit divided by net sales, are non-GAAP financial measures as they exclude depreciation and amortization expense associated with the corresponding sales. About half of Reliance’s orders are basic distribution with no processing services performed. For the remainder of its sales orders, Reliance performs \u201cfirst-stage\u201d processing, which is generally not labor intensive as it is simply cutting the metal to size. Because of this, the amount of related labor and overhead, including depreciation and amortization, is not significant and is excluded from cost of sales. Therefore, Reliance\u2019s cost of sales is substantially comprised of the cost of the material it sells. Reliance uses gross profit and gross profit margin, as shown, as measures of operating performance. Gross profit and gross profit margin are important operating and financial measures, as their fluctuations can have a significant impact on Reliance’s earnings. Gross profit and gross profit margin, as presented, are not necessarily comparable with similarly titled measures for other companies.<\/td>\n<\/tr>\n
\n 2\u00a0<\/sup>See accompanying Non-GAAP Reconciliation. Certain percentages may not calculate due to rounding.<\/td>\n<\/tr>\n<\/table>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

– Third highest annual cash flow from operations of $1.43 billion – Repurchased record $1.09 billion of common stock in 2024; outstanding shares down 6% – Annual net sales of $13.84 billion with tons sold up 4.0% (same-store tons sold up 1.0%) – Strong annual gross profit margin of 29.7% – Annual EPS of $15.56; non-GAAP EPS of $15.92 – Completed four acquisitions in 2024 – Increased quarterly dividend 9.1% to $1.20 per share (annual: $4.80) – Stronger than anticipated fourth quarter operating results excluding non-recurring and year-end LIFO adjustments SCOTTSDALE, Ariz., Feb. 19, 2025 (GLOBE NEWSWIRE) — Reliance, Inc. (NYSE: RS) today reported its financial results for the fourth quarter and full year ended December 31, 2024. (in millions, … <\/p>\n

Continue reading “Reliance, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-815083","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nReliance, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-inc-reports-fourth-quarter-and-full-year-2024-financial-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Reliance, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"– Third highest annual cash flow from operations of $1.43 billion – Repurchased record $1.09 billion of common stock in 2024; outstanding shares down 6% – Annual net sales of $13.84 billion with tons sold up 4.0% (same-store tons sold up 1.0%) – Strong annual gross profit margin of 29.7% – Annual EPS of $15.56; non-GAAP EPS of $15.92 – Completed four acquisitions in 2024 – Increased quarterly dividend 9.1% to $1.20 per share (annual: $4.80) – Stronger than anticipated fourth quarter operating results excluding non-recurring and year-end LIFO adjustments SCOTTSDALE, Ariz., Feb. 19, 2025 (GLOBE NEWSWIRE) — Reliance, Inc. (NYSE: RS) today reported its financial results for the fourth quarter and full year ended December 31, 2024. (in millions, … Continue reading "Reliance, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-inc-reports-fourth-quarter-and-full-year-2024-financial-results\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-19T21:22:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM2MTE3NSM2NzU3MDkwIzIwMDg2ODU=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"20 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/reliance-inc-reports-fourth-quarter-and-full-year-2024-financial-results\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/reliance-inc-reports-fourth-quarter-and-full-year-2024-financial-results\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Reliance, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results\",\"datePublished\":\"2025-02-19T21:22:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/reliance-inc-reports-fourth-quarter-and-full-year-2024-financial-results\\\/\"},\"wordCount\":3925,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/reliance-inc-reports-fourth-quarter-and-full-year-2024-financial-results\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTM2MTE3NSM2NzU3MDkwIzIwMDg2ODU=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/reliance-inc-reports-fourth-quarter-and-full-year-2024-financial-results\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/reliance-inc-reports-fourth-quarter-and-full-year-2024-financial-results\\\/\",\"name\":\"Reliance, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/reliance-inc-reports-fourth-quarter-and-full-year-2024-financial-results\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/reliance-inc-reports-fourth-quarter-and-full-year-2024-financial-results\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTM2MTE3NSM2NzU3MDkwIzIwMDg2ODU=\",\"datePublished\":\"2025-02-19T21:22:24+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/reliance-inc-reports-fourth-quarter-and-full-year-2024-financial-results\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/reliance-inc-reports-fourth-quarter-and-full-year-2024-financial-results\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/reliance-inc-reports-fourth-quarter-and-full-year-2024-financial-results\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTM2MTE3NSM2NzU3MDkwIzIwMDg2ODU=\",\"contentUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTM2MTE3NSM2NzU3MDkwIzIwMDg2ODU=\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/reliance-inc-reports-fourth-quarter-and-full-year-2024-financial-results\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Reliance, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Reliance, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-inc-reports-fourth-quarter-and-full-year-2024-financial-results\/","og_locale":"en_US","og_type":"article","og_title":"Reliance, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results - Market Newsdesk","og_description":"– Third highest annual cash flow from operations of $1.43 billion – Repurchased record $1.09 billion of common stock in 2024; outstanding shares down 6% – Annual net sales of $13.84 billion with tons sold up 4.0% (same-store tons sold up 1.0%) – Strong annual gross profit margin of 29.7% – Annual EPS of $15.56; non-GAAP EPS of $15.92 – Completed four acquisitions in 2024 – Increased quarterly dividend 9.1% to $1.20 per share (annual: $4.80) – Stronger than anticipated fourth quarter operating results excluding non-recurring and year-end LIFO adjustments SCOTTSDALE, Ariz., Feb. 19, 2025 (GLOBE NEWSWIRE) — Reliance, Inc. (NYSE: RS) today reported its financial results for the fourth quarter and full year ended December 31, 2024. (in millions, … Continue reading \"Reliance, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-inc-reports-fourth-quarter-and-full-year-2024-financial-results\/","og_site_name":"Market Newsdesk","article_published_time":"2025-02-19T21:22:24+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM2MTE3NSM2NzU3MDkwIzIwMDg2ODU=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"20 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-inc-reports-fourth-quarter-and-full-year-2024-financial-results\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-inc-reports-fourth-quarter-and-full-year-2024-financial-results\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Reliance, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results","datePublished":"2025-02-19T21:22:24+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-inc-reports-fourth-quarter-and-full-year-2024-financial-results\/"},"wordCount":3925,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-inc-reports-fourth-quarter-and-full-year-2024-financial-results\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM2MTE3NSM2NzU3MDkwIzIwMDg2ODU=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-inc-reports-fourth-quarter-and-full-year-2024-financial-results\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-inc-reports-fourth-quarter-and-full-year-2024-financial-results\/","name":"Reliance, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-inc-reports-fourth-quarter-and-full-year-2024-financial-results\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-inc-reports-fourth-quarter-and-full-year-2024-financial-results\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM2MTE3NSM2NzU3MDkwIzIwMDg2ODU=","datePublished":"2025-02-19T21:22:24+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-inc-reports-fourth-quarter-and-full-year-2024-financial-results\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/reliance-inc-reports-fourth-quarter-and-full-year-2024-financial-results\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-inc-reports-fourth-quarter-and-full-year-2024-financial-results\/#primaryimage","url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM2MTE3NSM2NzU3MDkwIzIwMDg2ODU=","contentUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM2MTE3NSM2NzU3MDkwIzIwMDg2ODU="},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-inc-reports-fourth-quarter-and-full-year-2024-financial-results\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Reliance, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/815083","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=815083"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/815083\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=815083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=815083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=815083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}