Company / Interest Expense
Reliance, Inc. Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$62.7M
FY2023
5-year range
$62.7M / $85.0M
FY2019-FY2023
Trend
-0.3%
vs FY2022
Sector context
#27 of 51
Materials
What the data says
At $63M, Reliance, Inc.'s interest expense ranks #25 of 51 in the Materials sector. Interest Expense has declined for 3 consecutive years, from $86M in FY2020 to $63M in FY2023.
Based on SEC 10-K filings.
$63M in FY2023 with a 5-year CAGR of -6.2%.
Improved from $85M to $63M over the past 2 years.
Materials sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -10.1%
- 5-Year CAGR
- -6.2%
- 10-Year CAGR
- -
Sector benchmark
#25 of 51 in MaterialsTop 47% of 51This company $62.7M Sector average $150.0M
▼
-58.2% below sector average
Key checks
Key Insights
- Reliance, Inc.'s interest expense has declined for 3 consecutive years.
- 5-year CAGR of -6.2%, indicating a declining trend.
- In FY2023, interest expense decreased 0.3% year-over-year.
- Ranks #27 out of 51 companies in the Materials sector.
Company context
Key Data Points
- Altman Z-Score 3.44 (safe zone, above 2.9 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $62.7M | -0.3% |
| FY2022 | $62.9M | -26.0% |
| FY2021 | $85.0M | -1.4% |
| FY2020 | $86.2M | +16.6% |
| FY2019 | $73.9M | -14.3% |
| FY2018 | $86.2M | +16.6% |
| FY2017 | $73.9M | -9.8% |
| FY2016 | $81.9M | -2.8% |
As of FY2023 · SEC Form 10-K · Last checked Jun 30, 2026