
Reliance Navigates 6.6% Sales Dip with 4% Tons Growth Amid Price Volatility
Reliance, Inc.Description
What this story covers
Reliance, Inc. reported $13.84B net sales in 2024, down 6.6% from pricing weakness, but tons sold rose 4% to 6M, beating industry decline. Gross margins held at 29.7% via value-added services. Acquisitions added diversification; low debt supports $1.34B shareholder returns despite risks from metals volatility and tariffs.
Story snapshot
CompanyReliance, Inc.
TickerRS
VariantStandard detailed
Duration9:15
Filing type10-K
PeriodAnnual 2024
IndustryIndustrials & Manufacturing
Accession0001558370-25-001806
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