Reliance, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $739.4M | $875.2M | $1.34B | $1.84B | $1.42B | $372.4M | $706.1M | $641.8M |
| Depreciation & Amortization | $278.2M | $268.7M | $245.4M | $240.2M | $230.2M | $227.3M | $219.3M | $215.2M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $39.2M | $42.6M | $43.8M | $48.1M | $38.7M | $39.6M | $43.1M | $45.8M |
| Stock-Based Compensation | $55.6M | $56.8M | $65.0M | $65.3M | $70.8M | $42.2M | $51.2M | $45.5M |
| Net Cash from Operating Activities | $831.4M | $1.43B | $1.67B | $2.12B | $799.4M | $1.17B | $1.30B | $664.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $328.9M | $430.6M | $468.8M | $341.8M | $236.6M | $172.0M | $242.2M | $239.9M |
| Business Acquisitions | $2.8M | $364.6M | $24.0M | — | $439.3M | $6.9M | $177.8M | $77.6M |
| Net Cash from Investing Activities | $-321.8M | $-803.7M | $-483.9M | $-348.5M | $-652.3M | $-188.4M | $-419.1M | $-281.0M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $594.1M | $1.09B | $479.5M | $630.3M | $323.5M | $337.3M | $50.0M | $484.9M |
| Net Cash from Financing Activities | $-620.2M | $-1.38B | $-1.28B | $-892.6M | $-528.9M | $-483.0M | $-840.6M | $-403.9M |
| Net Change in Cash | $-101.5M | $-762.1M | $-93.2M | $872.9M | $-383.0M | $509.2M | $46.1M | $-26.2M |
| Free Cash Flow | $502.5M | $999.2M | $1.20B | $1.78B | $562.8M | $1.00B | $1.06B | $424.7M |