Reliance, Inc. (RS) recorded net sales of $13,835 million in 2024, becoming the largest North American metals service center based on revenues. The company, headquartered in Los Angeles, operates over 300 locations across the U.S. and internationally, distributing more than 100,000 metal products to >125,000 customers.
If an investor had put $1,000 into Reliance in July 2015, it would be valued at $5,349.99 by July 3, 2025, marking a 435% gain, significantly outperforming the S&P 500’s 199.86% increase and gold’s 176.71% return over the same timeframe. Despite facing pricing challenges, analysts expect the company to benefit from improving demand in 2025, particularly in non-residential construction.
Reliance’s core business strategy includes enhancing operations through strategic acquisitions, and the stock has risen by 5.47% over the past four weeks.
