Reliance Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	14,836	14,294	13,835	14,806	17,025	14,093
Revenue Growth (YoY)	8.49%	3.32%	-6.56%	-13.03%	20.80%	59.94%
Cost of Revenue	10,590	10,187	9,728	10,259	11,774	9,603
Gross Profit	4,246	4,108	4,107	4,547	5,251	4,490
Selling, General & Admin	2,851	2,807	2,666	2,562	2,504	2,307
Depreciation & Amortization Expenses	278.7	278.2	268.7	245.4	240.2	230.2
Other Operating Expenses	9.9	9.9	11.7	-	-	4.7
Total Operating Expenses	3,140	3,095	2,947	2,808	2,744	2,541
Operating Income	1,106	1,013	1,160	1,740	2,507	1,949
Interest Expense	-59.6	-55.7	-40.3	-40.1	-62.3	-62.7
Other Non-Operating Income (Expense)	9.7	12.2	20.2	41.3	-14.2	-3.1
Total Non-Operating Income (Expense)	-49.9	-43.5	-20.1	1.2	-76.5	-65.8
Pretax Income	1,056	969.2	1,140	1,741	2,430	1,883
Provision for Income Taxes	249.6	227.6	261.9	400.6	586.2	465.7
Net Income	804.6	739.4	875.2	1,336	1,840	1,413
Minority Interest in Earnings	2.1	2.2	2.8	4.2	4.1	4.4
Net Income to Common	804.6	739.4	875.2	1,336	1,840	1,413
Net Income Growth	4.22%	-15.52%	-34.49%	-27.40%	30.23%	282.82%
Shares Outstanding (Basic)	52	53	56	58	61	63
Shares Outstanding (Diluted)	53	53	56	59	61	64
Shares Change (YoY)	-4.73%	-5.99%	-4.69%	-4.03%	-4.40%	-1.43%
EPS (Basic)	15.42	14.07	15.70	22.90	30.39	22.35
EPS (Diluted)	15.33	13.98	15.56	22.64	29.92	21.97
EPS Growth	9.89%	-10.15%	-31.27%	-24.33%	36.19%	288.16%
Shares Outstanding	51.05	51.74	53.72	57.27	58.79	63.53
Free Cash Flow	612.1	502.5	999.2	1,203	1,777	562.8
Free Cash Flow Growth	21.81%	-49.71%	-16.91%	-32.32%	215.71%	-43.78%
Free Cash Flow Per Share	11.65	9.50	17.76	20.38	28.89	8.75
Dividends Per Share	4.850	4.800	4.400	4.000	3.500	2.750
Dividend Growth	1.04%	9.09%	10.00%	14.29%	27.27%	10.00%
Gross Margin	28.62%	28.74%	29.68%	30.71%	30.84%	31.86%
Operating Margin	7.46%	7.08%	8.38%	11.75%	14.72%	13.83%
Profit Margin	5.44%	5.19%	6.35%	9.05%	10.83%	10.06%
FCF Margin	4.13%	3.52%	7.22%	8.12%	10.44%	3.99%
EBITDA	1,385	1,291	1,429	1,985	2,747	2,179
EBITDA Margin	9.33%	9.03%	10.33%	13.41%	16.14%	15.46%
EBIT	1,106	1,013	1,160	1,740	2,507	1,949
EBIT Margin	7.46%	7.08%	8.38%	11.75%	14.72%	13.83%
Effective Tax Rate	23.63%	23.48%	22.98%	23.01%	24.12%	24.73%

Updated Apr 29, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q