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Reliance, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results
RSReliance(RS) GlobeNewswire·2025-02-19 21:05
  • Third highest annual cash flow from operations of 1.43billionRepurchasedrecord1.43 billion - Repurchased record 1.09 billion of common stock in 2024; outstanding shares down 6% - Annual net sales of 13.84billionwithtonssoldup4.013.84 billion with tons sold up 4.0% (same-store tons sold up 1.0%) - Strong annual gross profit margin of 29.7% - Annual EPS of 15.56; non-GAAP EPS of 15.92Completedfouracquisitionsin2024Increasedquarterlydividend9.115.92 - Completed four acquisitions in 2024 - Increased quarterly dividend 9.1% to 1.20 per share (annual: $4.80) - Stronger than anticipated fourth quarter operating results exclud ...