Reliance Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $14.29B | $13.84B | $14.81B | $17.03B | $14.09B | $8.81B | $10.97B | $11.53B |
| Cost of Revenue | — | — | — | — | — | — | — | $8.25B |
| Gross Profit | — | — | — | — | — | — | — | $3.28B |
| Gross Margin | — | — | — | — | — | — | — | 28.4% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $2.81B | $2.67B | $2.56B | $2.50B | $2.31B | $1.87B | $2.10B | $2.09B |
| Operating Income | $1.01B | $1.16B | $1.74B | $2.51B | $1.95B | $565.8M | $1.01B | $937.5M |
| Operating Margin | 7.1% | 8.4% | 11.7% | 14.7% | 13.8% | 6.4% | 9.2% | 8.1% |
| Interest Expense | — | — | $40.1M | $62.3M | $62.7M | $62.9M | $85.0M | $86.2M |
| Pretax Income | $969.2M | $1.14B | $1.74B | $2.43B | $1.88B | $478.2M | $929.3M | $850.6M |
| Income Tax Expense | $227.6M | $261.9M | $400.6M | $586.2M | $465.7M | $105.8M | $223.2M | $208.8M |
| Net Income | $739.4M | $875.2M | $1.34B | $1.84B | $1.42B | $372.4M | $706.1M | $641.8M |
| Net Margin | 5.2% | 6.3% | 9.0% | 10.8% | 10.1% | 4.2% | 6.4% | 5.6% |
| EPS (Basic) | $14.07 | $15.70 | $22.90 | $30.39 | $22.35 | $5.74 | $10.49 | $8.85 |
| EPS (Diluted) | $13.98 | $15.56 | $22.64 | $29.92 | $21.97 | $5.66 | $10.34 | $8.75 |
| Shares Outstanding (Basic) | 52.6M | 55.7M | 58.3M | 60.6M | 63.2M | 64.3M | 66.9M | 71.6M |
| Shares Outstanding (Diluted) | 52.9M | 56.2M | 59.0M | 61.5M | 64.3M | 65.3M | 67.9M | 72.4M |
| Dividends Per Share | $4.80 | $4.40 | $4.00 | $3.50 | $2.75 | $2.50 | $2.20 | $2.00 |