# Reliance Inc. (RS) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Basic Materials / Metals & Mining. Price $400.51, market value $20.4 billion.

## Valuation
- **P/E (trailing): 23.3×** (5-yr avg 12.5×, 3-yr avg 16.4×). Reliance Inc. trades at 23.3× trailing earnings, well above its own five-year average of 12.5×: investors are paying up relative to the company's past. The Basic Materials median in the September 2026 study was 19.0×. Forward P/E is 17.3×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 1.3×**. Each dollar of revenue is priced at 1.3×.
- **Price / book: 2.8×**. The shares trade at 2.8× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 14.2×**. Enterprise value is 14.2× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 2.6%** (5-yr avg 7.7%). Free cash flow equals 2.6% of the market value, below its five-year average of 7.7%, so the shares are pricier on cash than usual.
- **Earnings yield: 4.3%**. The inverse of the P/E: 4.3% of the price is earned each year.

## Profitability
- **Operating margin: 7.8%**. 7.8% of revenue is left after running the business.
- **Net margin: 5.2%**. 5.2% of each dollar of sales reaches the bottom line.
- **Return on equity: 10.3%**. 10.3% on shareholders' equity is solid.
- **Return on invested capital: 11.7%**. Return on all capital, debt included, is 11.7%.
- **Return on assets: 8.6%**. Each dollar of assets produces 8.6% of profit.

## Growth
- **Revenue growth (1 yr): 3.3%** (3-yr -5.7%/yr, 5-yr 10.2%/yr). Revenue grew 3.3% over the last year, against 10.2% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -10.2%** (3-yr -22.4%/yr, 5-yr 19.8%/yr). Earnings per share fell 10.2%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -34.4%/yr**. Free cash flow has compounded at -34.4% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.20**. Debt is 0.20 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 0.8×**. It would take 0.8 years of operating earnings to repay net borrowings, within the comfortable range.
- **Altman Z-score: 6.51**. A Z-score of 6.51 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 1.25%** ($4.90 per share, trailing). Reliance Inc. yields 1.25%, a modest yield more typical of a growth-oriented payer.
- **Consecutive years of increases: 26**. 26 straight years of increases (the data covers 26 years, so this may be longer): a record very few companies hold.
- **Dividend growth (5 yr): 13.9%/yr** (1-yr 9.1%). The dividend has compounded at 13.9% a year over five years, doubling roughly every 5 years at that pace.

## Analyst view
- **Analyst consensus: hold** (8 analysts). 8 analysts cover Reliance Inc.; the consensus is hold, with an average price target of $408.63 (+2% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 37.4%** (YTD 39.7%, 3-mo 1.5%). The shares are up 37.4% over twelve months including dividends.
- **From 52-week high: -7.5%** (53.9% above the low). Trading 8% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 51**. An RSI of 51 is neutral.
- **Beta (1 yr): 0.63** (volatility 25%). Beta of 0.63 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=RS · Page: https://foliofundamentals.com/stocks/rs

Not investment advice.