Reliance Inc. (RS)

NYSE · Materials · analysed November 9, 2026

Founded in 1939 and formerly known as Reliance Steel & Aluminum Co., Reliance, Inc. is North America's largest metals service center company and a leading diversified metal solutions provider. The company distributes a catalog of more than 100,000 metal products—including carbon steel, aluminum, stainless steel, and specialty alloys—while delivering custom, value-added processing services to over 125,000 customers across a broad range of industries. Currently, Reliance is focused on expanding its higher-margin value-added processing capabilities, pursuing disciplined bolt-on acquisitions to extend its geographic and product footprint, and investing in operational automation to enhance supply chain efficiency.

Reliance Inc.RS / NYSE / analysed November 9, 2026
BullishnessHow the evidence compares with what the market already expects, from 1 to 10. It is about the stock at its current price, not the business alone. Not a price target or a forecast.5.2
CertaintyHow complete and consistent the evidence is, from 1 to 10. It says nothing about which way the evidence points, and it is not the probability that the analysis is right.7.7
MoatMedium

Executive summary

Reliance Inc. is the leading North American metals service center operator, outperforming peers through its dense 310-facility network focused on rapid-delivery, small-ticket, value-added processed metal products1,6. Record Q3 2026 results and raised full-year guidance have pushed the share price up more than 62% over the trailing twelve months to approximately $448, lifted by substantial contributions from high-volume federal border wall contracts6,7. While balance sheet health and cash generation remain outstanding, the equity trades above consensus analyst price targets, and FY2027 consensus EPS projects a slight contraction as current cycle peak volumes and pricing normalise7,8.

Key figures

Market cap
$22.8B
P/E, trailing
20.9
P/E, next 12 months
18.2
Revenue growth, fiscal year to Dec 2025
3.3%
Net margin, fiscal year to Dec 2025
5.2%

Market cap and P/E as found on November 9, 2026.