About Reliance Steel & Aluminum
Reliance Steel & Aluminum is a company based in Los Angeles (United States) founded in 1939 by Thomas Neilan.. The company has 15,900 employees as of December 31, 2024. Reliance Steel & Aluminum has completed 22 acquisitions, including Admiral Metals, All Metals and American Alloy Steel. Reliance Steel & Aluminum offers products and services including Metal Services and Diversified Solutions. Reliance Steel & Aluminum operates in a competitive market with competitors including Diversey, Mile High Labs, Diamond Wipes, HatchCollective and Hollander, among others.
- Headquarter Los Angeles, United States
- Employees 15900 as on 31 Dec, 2024
- Founders Thomas Neilan
- Stage Public
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
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- Legal Name Reliance, Inc.
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Annual Revenue
$13.84 B-6.56as on Dec 31, 2024
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Net Profit
$875.2 M-34.49as on Dec 31, 2024
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EBITDA
$1.44 B-27.23as on Dec 31, 2024
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Latest Funding Round
$269.26 K (USD), Post-IPO
Mar 09, 2009
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Investors
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Employee Count
15900
as on Dec 31, 2024
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Investments & Acquisitions
Admiral Metals
& 21 more
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IPO & Listings of Reliance Steel & Aluminum
Reliance Steel & Aluminum is a publicly listed company on the NYSE with ticker symbol RS in USA, operating in the Non-energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Reliance Steel & Aluminum
Reliance Steel & Aluminum offers a comprehensive portfolio of products and services, including Metal Services and Diversified Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides metal processing and distribution for manufacturing needs
Offers metal products and best practices through family of companies
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Software Development Team
51 people
Leadership Team
19 people
Business Team
14 people
Operations Team
13 people
Senior Team
11 people
Sr. Team
10 people
Legal and Compliance
6 people
Data Analysis and Operations Team
6 people
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Funding Insights of Reliance Steel & Aluminum
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $269,256
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First Round
First Round
(09 Mar 2009)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2009 | Amount | Post-IPO - Reliance Steel & Aluminum | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Reliance Steel & Aluminum
Reliance Steel & Aluminum has strategically engaged in corporate development activities, having acquired 22 companies. Notable acquisitions include Admiral Metals, All Metals and American Alloy Steel. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Sheet metal fabrication services are provided by Best Manufacturing, Inc.
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2016 | ||||
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Metals service center that processes and distributes finished steel products such as tubing, beams, and plates
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2004 | ||||
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Distributor of metals and alloys
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2002 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Reliance Steel Aluminum
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Reliance Steel & Aluminum Comparisons
Competitors of Reliance Steel & Aluminum
Reliance Steel & Aluminum operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Diversey, Mile High Labs, Diamond Wipes, HatchCollective and Hollander, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Water treatment and hygiene solutions are provided for various industries.
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| domain | founded_year | HQ Location |
Licensed CBD products are manufactured for private labels.
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| domain | founded_year | HQ Location |
Contract manufacturing of wipes is conducted for various clients.
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| domain | founded_year | HQ Location |
Multi-category beauty care products are offered by HatchCollective.
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| domain | founded_year | HQ Location |
Home decor products are manufactured on a contract basis.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Reliance Steel & Aluminum
Frequently Asked Questions about Reliance Steel & Aluminum
When was Reliance Steel & Aluminum founded?
Reliance Steel & Aluminum was founded in 1939 and raised its 1st funding round 70 years after it was founded.
Where is Reliance Steel & Aluminum located?
Reliance Steel & Aluminum is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Who is the current CEO of Reliance Steel & Aluminum?
Gregg Mollins is the current CEO of Reliance Steel & Aluminum.
How many employees does Reliance Steel & Aluminum have?
As of Dec 31, 2024, the latest employee count at Reliance Steel & Aluminum is 15,900.
What is the annual revenue of Reliance Steel & Aluminum?
Annual revenue of Reliance Steel & Aluminum is $13.84B as on Dec 31, 2024.
What does Reliance Steel & Aluminum do?
Reliance Steel Aluminum was established in 1939 in Los Angeles, United States, as a metal service center. Processing services for materials including aluminum, brass, copper, carbon steel, stainless steel, and titanium are offered, alongside distribution of these products. Operations span more than 300 locations across 40 U.S. states and 13 countries internationally. In 2022, annual revenues of 16.5 billion and net profits of 1.7 billion were reported.
Who are the top competitors of Reliance Steel & Aluminum?
Reliance Steel & Aluminum's top competitors include Diversey, Mile High Labs and Diamond Wipes.
What products or services does Reliance Steel & Aluminum offer?
Reliance Steel & Aluminum offers Metal Services and Diversified Solutions.
Is Reliance Steel & Aluminum publicly traded?
Yes, Reliance Steel & Aluminum is publicly traded on NYSE under the ticker symbol RS.
How many acquisitions has Reliance Steel & Aluminum made?
Reliance Steel & Aluminum has made 22 acquisitions, including Admiral Metals, All Metals, and American Alloy Steel.
What is Reliance Steel & Aluminum's ticker symbol?
The ticker symbol of Reliance Steel & Aluminum is RS on NYSE.
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