RELIANCE, INC.

Wholesale-Metals Service Centers & of fices·PHOENIX, AZ·FY end 12/31·CIK 861884

CEO Pay Ratio

180:1

Karla R. Lewis

CEO Total Comp

$13.4M

Karla R. Lewis

Median Employee

$74,489

Revenue

$14.3B

FY 2025

Net Income

$739.4M

FY 2025

Free Cash Flow

$502.5M

FY 2025

Net Margin

5.2%

Insider Net (180d)

-$13.5M

0 buys / 13 sales

CEO Pay Accountability

CEO comp as % of net income

1.81%

For every $1,000 of profit, $18.09 flows to the CEO.

CEO comp as % of buybacks

2.25%

CEO comp equals 22.5‰ of cash returned to shareholders via buybacks.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$14.3B	$13.8B	$14.8B	$17.0B	$14.1B
Gross Profit	—	—	—	—	—	—
Operating Income	$1.0B	$1.2B	$1.7B	$2.5B	$1.9B
Net Income	$739.4M	—	—	—	—	—
Operating CF	$831.4M	$1.4B	$1.7B	$2.1B	$799.4M
Capex	$328.9M	$430.6M	$468.8M	$341.8M	$236.6M
Free Cash Flow	$502.5M	$999.2M	$1.2B	$1.8B	$562.8M
Buybacks	$594.1M	$1.1B	$479.5M	$630.3M	$323.5M
Dividends	—	—	—	—	—	—

Gross Margin	—	—	—	—	—	—
Operating Margin	7.1%	8.4%	11.7%	14.7%	13.8%
Net Margin	5.2%	—	—	—	—	—
FCF Margin	3.5%	7.2%	8.1%	10.4%	4.0%
R&D / Revenue	—	—	—	—	—	—
Effective Tax	23.5%	23.0%	23.0%	24.1%	24.7%
Debt / Equity	0.20	0.10	0.15	0.16	0.27
Buybacks / FCF	118.2%	109.5%	39.9%	35.5%	57.5%

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Karla R. LewisPresident and Chief Executive Officer	$1.3M	$7.7M	—	$2.1M	$2.3M	$13.4M
Stephen P. KochExecutive Vice President, Chief Operating Officer	$795.0K	$4.3M	—	$1.2M	$285.2K	$6.6M
Arthur AjemyanSenior Vice President, Chief Financial Officer	$725.0K	$1.7M	—	$1.1M	$259.2K	$3.8M
William A. Smith IISenior Vice President, General Counsel and Corporate Secretary	$665.0K	$1.5M	—	$1.0M	$262.2K	$3.5M