Reliance Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	14,294	13,835	14,806	17,025	14,093
Revenue Growth (YoY)	3.32%	-6.56%	-13.03%	20.80%	59.94%
Cost of Revenue	10,175	9,722	10,258	11,766	9,589
Gross Profit	4,119	4,113	4,548	5,259	4,504
Selling, General & Admin	2,807	2,656	2,556	2,511	2,307
Operating Expenses	3,085	2,925	2,801	2,751	2,537
Operating Income	1,035	1,188	1,746	2,508	1,967
Interest Expense	-55.7	-40.3	-40.1	-62.3	-62.7
Interest & Investment Income	-	20.7	35.2	9.3	-
Currency Exchange Gain (Loss)	-	1.9	-1.3	-6.2	-4
Other Non Operating Income (Expenses)	12.2	-8.2	0.8	-10.4	0.9
EBT Excluding Unusual Items	991	1,162	1,741	2,439	1,902
Merger & Restructuring Charges	-11.9	-17.8	-0.2	-8.1	-13.7
Asset Writedown	-9.9	-0.5	-	-	-4.7
Other Unusual Items	-	-4.1	-	-	-
Pretax Income	969.2	1,140	1,741	2,430	1,883
Income Tax Expense	227.6	261.9	400.6	586.2	465.7
Earnings From Continuing Operations	741.6	878	1,340	1,844	1,417
Minority Interest in Earnings	-2.2	-2.8	-4.2	-4.1	-4.4
Net Income	739.4	875.2	1,336	1,840	1,413
Net Income to Common	739.4	875.2	1,336	1,840	1,413
Net Income Growth	-15.52%	-34.49%	-27.40%	30.23%	282.82%
Shares Outstanding (Basic)	53	56	58	61	63
Shares Outstanding (Diluted)	53	56	59	61	64
Shares Change (YoY)	-5.99%	-4.69%	-4.03%	-4.40%	-1.43%
EPS (Basic)	14.07	15.70	22.90	30.39	22.35
EPS (Diluted)	13.98	15.56	22.64	29.92	21.97
EPS Growth	-10.15%	-31.27%	-24.33%	36.19%	288.16%
Free Cash Flow	502.5	999.2	1,203	1,777	562.8
Free Cash Flow Per Share	9.50	17.77	20.38	28.89	8.75
Dividend Per Share	4.800	4.400	4.000	3.500	2.750
Dividend Growth	9.09%	10.00%	14.29%	27.27%	10.00%
Gross Margin	28.82%	29.73%	30.71%	30.89%	31.96%
Operating Margin	7.24%	8.59%	11.79%	14.73%	13.96%
Profit Margin	5.17%	6.33%	9.02%	10.81%	10.03%
Free Cash Flow Margin	3.52%	7.22%	8.12%	10.44%	3.99%
EBITDA	1,313	1,457	1,992	2,748	2,198
EBITDA Margin	9.18%	10.53%	13.45%	16.14%	15.59%
D&A For EBITDA	278.2	268.7	245.4	240.2	230.2
EBIT	1,035	1,188	1,746	2,508	1,967
EBIT Margin	7.24%	8.59%	11.79%	14.73%	13.96%
Effective Tax Rate	23.48%	22.98%	23.01%	24.12%	24.73%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.