Reliance Steel & Aluminum Co. (RS) quarterly cash flow statement — complete operating, investing & financing history
Reliance Steel & Aluminum Co. (RS) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 162.2M | 151.4M | 276.1M | 261.8M | 229M | 64.5M | 473.3M | 463.9M | 366.3M | 126.3M | 525.6M | 466M | 295.1M | 384.6M | 808.7M | 635.7M | 270.2M | 404M | 393.8M | 142.2M |
| Operating CF Margin % | 3.5% | 3.76% | 7.89% | 7.17% | 6.26% | 1.85% | 15.14% | 13.56% | 10.05% | 3.47% | 15.75% | 12.86% | 7.61% | 9.7% | 22.4% | 14.97% | 5.77% | 9.01% | 9.87% | 3.7% |
| Operating CF Growth % | -29.17% | 134.73% | -41.66% | -43.57% | -37.48% | -48.93% | -9.95% | -0.45% | 24.13% | -67.16% | -35.01% | -26.7% | 9.22% | -4.8% | 105.36% | 347.05% | 165.94% | 149.69% | 71.07% | -52.01% |
| Net Income | 324.3M | 266.3M | 116.5M | 189.2M | 235M | 200.5M | 105.3M | 201.3M | 267.8M | 302.9M | 272.7M | 296M | 386.3M | 384.4M | 351.3M | 394.4M | 573.9M | 524.6M | 422.3M | 396.7M |
| Depreciation & Amortization | 69.5M | 69.2M | 69.3M | 70.5M | 69.7M | 68.7M | 70.6M | 67.9M | 66.6M | 63.6M | 62.9M | 60.6M | 60.8M | 61.1M | 61.4M | 60.4M | 59.3M | 59.1M | 58.1M | 56.7M |
| Stock-Based Compensation | 0 | 0 | 0 | 2.9M | 28.1M | 12.2M | 13.8M | 16.1M | 13.9M | 13M | 16.6M | 16.8M | 18.1M | 13.5M | 16.9M | 18.6M | 18M | 11.8M | 15.7M | 17.2M |
| Deferred Taxes | 0 | 0 | 37.1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16.2M | 400K | 7.8M | 0 | -5.6M | -400K | -300K | -400K | -23.6M | 3.9M |
| Other Non-Cash Items | 14.3M | 20.2M | 22.1M | 9.1M | -24.7M | 6.5M | 56.1M | -100K | 1.4M | 3.7M | -4.1M | 4.9M | -5.5M | -100K | -1.8M | 7.9M | 16.7M | 8.4M | 5.2M | 400K |
| Working Capital Changes | -245.9M | -204.3M | 31.1M | -9.9M | -79.1M | -223.4M | 227.5M | 178.7M | 16.6M | -256.9M | 161.3M | 87.3M | -172.4M | -74.3M | 386.5M | 155.4M | -397.4M | -199.5M | -83.9M | -332.7M |
| Change in Receivables | -257.1M | -416.2M | 135.6M | -4.2M | 5.3M | -332.1M | 219.3M | 90.3M | 69.4M | -211.6M | 197.6M | 61.3M | 73.8M | -237.1M | 297.3M | 189M | 19M | -399.6M | 118.5M | -206.3M |
| Change in Inventory | -91.4M | -47.7M | 120.6M | -55.6M | -133.9M | -85.9M | 169.1M | 88.7M | -26.4M | -114.6M | 72M | 88.6M | -215.6M | 13.5M | 185.5M | 164.6M | -345.2M | 54M | -52.6M | -235.5M |
| Change in Payables | 99.7M | 176.5M | -146.5M | 13.1M | 12.7M | 113.8M | -82.4M | -21.5M | -37M | -4.6M | -54.5M | -82.6M | -51.7M | 99.3M | -93.7M | -189M | -80.9M | 126.6M | -128.3M | 93.5M |
| Cash from Investing | -76.8M | -70M | -89.1M | -73.9M | -71.2M | -87.6M | -130.3M | -111.4M | -384.6M | -177.4M | -116.1M | -112.8M | -152.4M | -102.6M | -104.1M | -95M | -86.1M | -63.3M | -504.1M | -49.6M |
| Capital Expenditures | -93.4M | -64.2M | -73.2M | -81.2M | -87.6M | -86.9M | -110.9M | -112.8M | -98.2M | -108.7M | -110.2M | -125.5M | -130.2M | -102.9M | -92.1M | -95.5M | -87.5M | -66.7M | -57.7M | -55.1M |
| CapEx % of Revenue | 2.02% | 1.59% | 2.09% | 2.22% | 2.39% | 2.49% | 3.55% | 3.3% | 2.7% | 2.98% | 3.3% | 3.46% | 3.36% | 2.6% | 2.55% | 2.25% | 1.87% | 1.49% | 1.45% | 1.43% |
| Acquisitions | 15.4M | 0 | 3.4M | 900K | -2.8M | 0 | 2.1M | -20.2M | -292.8M | -53.7M | 1.3M | 500K | -23M | 8.3M | 1.1M | 600K | 1M | 8.2M | -439.3M | 700K |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 1.2M | -5.8M | -19.3M | 6.4M | 19.2M | -700K | -21.5M | 21.6M | 6.4M | -15M | -7.2M | 12.2M | 800K | -8M | -13.1M | -100K | 400K | -4.8M | -7.1M | 4.8M |
| Cash from Financing | -99.6M | -46.6M | -233M | -165.2M | -203.4M | -18.6M | -327.7M | -394.6M | -563.8M | -90.3M | -311.6M | -190.3M | -141.2M | -639.2M | -181.5M | -394.6M | -224.5M | -92M | -227.1M | -179.4M |
| Debt Issued (Net) | -30M | 272.3M | 38.7M | -44M | -48M | 330M | -125.3M | 125M | 0 | 0 | -400K | 0 | -7.9M | -500M | -1.7M | 0 | -800K | 0 | -400K | -300K |
| Equity Issued (Net) | -5.5M | -234.2M | -200.1M | -60.9M | -79.9M | -253.2M | -142.4M | -432M | -519.3M | -23.9M | -240.3M | -126.4M | -74M | -38.9M | -82.6M | -336.7M | -193.9M | -17.1M | -168.5M | -131.9M |
| Dividends Paid | -63.8M | -66.6M | -63.5M | -62.9M | -63.1M | -65.2M | -61.2M | -60.6M | -62.6M | -65.3M | -58.8M | -58.7M | -58.6M | -62M | -53.6M | -52.9M | -53.9M | -56.7M | -44.7M | -43.7M |
| Share Repurchases | -5.5M | -234.2M | -200.1M | -60.9M | -79.9M | -253.2M | -142.4M | -432M | -519.3M | -23.9M | -240.3M | -126.4M | -73.9M | -38.9M | -82.6M | -336.7M | -193.9M | -17.1M | -168.5M | -131M |
| Other Financing | -300K | -18.1M | -8.1M | 2.6M | -12.4M | -30.2M | 1.2M | -27M | 18.1M | -1.1M | -12.1M | -5.2M | -700K | -38.3M | -43.6M | -5M | 24.1M | -18.2M | -13.5M | -3.5M |
| Net Change in Cash | -14.3M | 33.1M | -44.6M | 21.7M | -38.3M | -40.3M | 3.5M | -36.2M | -584.1M | -145.3M | 103.3M | 160.6M | 100K | -357.2M | 529.7M | 139.2M | -43.5M | 247.5M | -337.9M | -89.2M |
| Free Cash Flow | 68.8M | 87.2M | 202.9M | 180.6M | 141.4M | -22.4M | 362.4M | 351.1M | 268.1M | 17.6M | 415.4M | 340.5M | 164.9M | 281.7M | 716.6M | 540.2M | 182.7M | 337.3M | 336.1M | 87.1M |
| FCF Margin % | 1.49% | 2.17% | 5.8% | 4.95% | 3.86% | -0.64% | 11.59% | 10.27% | 7.36% | 0.48% | 12.45% | 9.4% | 4.25% | 7.1% | 19.85% | 12.72% | 3.9% | 7.52% | 8.43% | 2.26% |
| FCF Growth % | -51.34% | 489.29% | -44.01% | -48.56% | -47.26% | -227.27% | -12.76% | 3.11% | 62.58% | -93.75% | -42.03% | -36.97% | -9.74% | -16.48% | 113.21% | 520.21% | 749.77% | 185.61% | 74.24% | -66.25% |
| FCF per Share | 1.33 | 1.68 | 3.87 | 3.42 | 2.66 | -0.42 | 6.64 | 6.36 | 4.67 | 0.30 | 7.15 | 5.76 | 2.78 | 4.73 | 12.01 | 8.86 | 2.92 | 5.37 | 5.30 | 1.35 |
| FCF Conversion (FCF/Net Income) | 0.50x | 0.57x | 2.37x | 1.38x | 0.98x | 0.32x | 4.49x | 2.33x | 1.37x | 0.42x | 1.93x | 1.58x | 0.77x | 1.00x | 2.31x | 1.62x | 0.47x | 0.77x | 0.93x | 0.36x |
| Interest Paid | 0 | 13.2M | 16.9M | 13.8M | 14M | 10M | 10.1M | 9.7M | 9.2M | 8.8M | 9.3M | 8.8M | 9.3M | 14.4M | 20.6M | 8.8M | 20.7M | 9.6M | 20M | 8.8M |
| Taxes Paid | 0 | 12.5M | 48M | 44.7M | 57.1M | 13.9M | 47.8M | 49.4M | 137.5M | 10.2M | 81.1M | 114.2M | 169.8M | 21.2M | 95.6M | 169.6M | 337.4M | 89.8M | 147.1M | 116M |