Reliance Inc operates a network of companies providing diversified metal solutions and is the metals service center company. It distributes a full line of over 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium and other specialty steel products.
It is a $20.6B industrial company. Revenue grew 15.4% over the last year, it keeps 6¢ of every dollar of sales as profit, and its net debt equals ~2.2 years of free cash flow. It trades at 23.0× earnings — near the highest of its own history.
- Website
- reliance.com
- Location
- Phoenix, AZ
- Employees
- 15 700
- Sector
- Industrials
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong quality; Profitability and Moat lag behind.
Valuation50
- P/E vs own history91th pct · 0/25
- FCF yield2.6% · 5/25
- P/S1.3x · 25/25
- EV/EBITDA14.5x · 20/25
Growth51
- Revenue CAGR0.4% · 6/25
- Net income CAGR-14.9% · 0/25
- EPS CAGR ~5Y19.8% · 20/25
- Fwd implied growth39.6% · 25/25
Profitability42
- ROIC8.8% · 12/25
- ROE12.3% · 12/25
- Net margin5.7% · 13/25
- Operating margin7.8% · 5/25
Health62
- Altman Zn/a · 0/25
- Current ratio4.30 · 25/25
- Interest coverage19.1x · 25/25
- Net cash / debtD/A 12% · 12/25
Quality80
- Piotroski F6/9 · 15/25
- Beneish M-2.66 · 25/25
- FCF conversion60% · 15/25
- Margin stabilityσ 3.1% · 25/25
Moat43
- ROIC >12% years4/10 yrs · 6/25
- Median gross margin12.8% · 0/25
- FCF-positive years10/10 yrs · 25/25
- Worst-year net marginworst 3.5% · 12/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2022FinancialBecame debt-freecash now exceeds total debt
- FY2022FinancialBest year on record$1.84B net income
- FY2018FinancialRevenue crossed $10B$11.5B for the year
- FY2016FinancialProfitable every year on record10 consecutive profitable years in our data
- FY2016FinancialRevenue already above $1B$8.61B in first reported year
- FY2016FinancialPositive free cash flow every year since10-year streak
- 2010AcquisitionReliance entered the broadband services market with acquisition of Infotel Broadband Services Limited
- 2002Acquisition–03, RIL purchased a majority stake in Indian Petrochemicals Corporation Ltd
- 2002MilestoneReliance announced India's biggest gas discovery (at the Krishna Godavari basin) in nearly three decades…
- 2001MilestoneReliance Industries Ltd. and Reliance Petroleum Ltd
- 2001Acquisition–02, Reliance Petroleum was merged with Reliance Industries
- 1998AcquisitionReliance took over Indian Petrochemicals Corporation Limited during privatization of public sector enterprises
- 1998Product/99, RIL introduced packaged LPG cylinders under the brand name Reliance Gas
- 1996MilestoneIt became the first private sector company in India to be rated by international credit rating agencies
- 1977IPOThe company held its initial public offering (IPO) in 1977
- 1973MilestoneIt became Reliance Textiles Industries Limited
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- Revenue growing 15.4% year over year
- Interest covered 19.1× by operating earnings
Watch-outs
Nothing stands out as a concern in the available data.
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+15.4% YoY
- Profitable — makes more than it spends$894M TTM
- Profit growing — earnings are higher than last year-22.4% YoY
- Generates cash — cash left after running and investing$540M TTM
- Debt under control — could handle its obligations~2.2y of cash flow to repay
- Established company — not a micro-cap — lower blow-up risk$20.6B market cap
- Not printing shares — share count not ballooning — you keep your slice-19.0% shares over ~5y
- Proven track record — years of profitability behind it10/10 profitable years
- Financially stable — balance sheet not near distresshealth score 50/100
- Pays a dividend — returns cash to shareholdersyield 1.25%
- Valuation not extreme — price not wildly above earningsP/E 23.0
Peer comparisonReliance, Inc. vs 6 largest industrials peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| RS this company | $20.6B | 23.0 | +15.4% | 5.7% | Mixed |
| LRCX Lam Research Corp | $399.2B | 54.9 | +26.0% | 31.3% | Strong |
| CAT Caterpillar Inc. | $368.0B | 33.9 | +18.4% | 14.5% | Solid |
| RTX RTX Corporation | $251.3B | 32.4 | +11.8% | 8.3% | Strained |
| DE Deere & Company | $167.7B | 34.4 | +8.3% | 10.2% | Solid |
| ETN Eaton Corporation, plc | $167.2B | 43.6 | +15.5% | 12.8% | Mixed |
| UNP Union Pacific Corp. | $166.8B | 22.6 | +4.2% | 28.8% | Strained |
Head-to-head: RS vs LRCX · RS vs CAT · RS vs RTX
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/RS
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of RS on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $402.50 · market cap $20.6B.