Reliance, inc. reports fourth quarter and full year 2024 financial results

- third highest annual cash flow from operations of $1.43 billion - repurchased record $1.09 billion of common stock in 2024; outstanding shares down 6% - annual net sales of $13.84 billion with tons sold up 4.0% (same-store tons sold up 1.0%) - strong annual gross profit margin of 29.7% - annual eps of $15.56; non-gaap eps of $15.92 - completed four acquisitions in 2024 - increased quarterly dividend 9.1% to $1.20 per share (annual: $4.80) - stronger than anticipated fourth quarter operating results excluding non-recurring and year-end lifo adjustments scottsdale, ariz., feb. 19, 2025 (globe newswire) -- reliance, inc. (nyse: rs) today reported its financial results for the fourth quarter and full year ended december 31, 2024.
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