---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-22-001112"
form_type: "8-K"
ticker: "RS"
cik: "0000861884"
company_name: "RELIANCE, INC."
filed_at: "2022-02-17T23:59:59+00:00"
generated_at: "2026-06-27T07:14:55.559154+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Reliance Steel posts record FY21 revenue $14.09B, EPS $21.97; Q4 EPS $6.64 beats; dividend up 27%

## Summary
- Record annual net sales of $14.09B (+59.9% YoY) and diluted EPS of $21.97 ($22.12 non-GAAP).
- Q4 net sales $3.99B (+86.9% YoY), diluted EPS $6.64 ($6.83 non-GAAP); tons sold fell 5.7% sequentially.
- Completed four Q4 acquisitions for $439M (Merfish, Nu-Tech, Admiral Metals, Rotax) with ~$1B combined annual sales.
- Board raised quarterly dividend 27.3% to $0.875/share; repurchased $168.5M in Q4, $323.5M in FY21.
- Q1 2022 guidance: non-GAAP EPS $7.05-$7.15, tons sold +5-7% seq, ASP -2-4% reflecting diverse product mix.

## SEC filing metadata
- accession: 0001171843-22-001112
- form_type: 8-K
- ticker: RS
- cik: 0000861884
- company_name: RELIANCE, INC.
- filed_at: 2022-02-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/861884/000117184322001112/0001171843-22-001112-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/861884/000117184322001112/f8k_021722.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-22-001112
- JSON: https://secwatch.observer/filing/0001171843-22-001112.json
- Plain text: https://secwatch.observer/filing/0001171843-22-001112.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.