# RELIANCE, INC. (RS) Informational only - not investment advice. CIK: 0000861884 SIC: 5051 Wholesale-Metals Service Centers & of fices SIC breadcrumb: [Wholesale Trade](/division/F/) > [SIC Major Group 50](/major-group/50/) > [SIC 5051 Wholesale-Metals Service Centers & of fices](/industry/5051/) Latest 10-K filed: 2026-02-26 SEC page: https://www.sec.gov/edgar/browse/?CIK=861884 Filing source: https://www.sec.gov/Archives/edgar/data/861884/000110465926020651/rs-20251231x10k.htm ## At a glance FY2025 · period end 2025-12-31 · filed 2026-02-26 · accession 0001104659-26-020651 · source: https://data.sec.gov/api/xbrl/companyfacts/CIK0000861884.json | Metric | Value | FY | Provenance | | --- | ---: | ---: | --- | | Revenue | 14,294,300,000 USD | 2025 | verified | | Net income | 739,400,000 USD | 2025 | verified | | Assets | 10,373,300,000 USD | 2025 | verified | | Free cash flow | 502,500,000 USD | 2025 | computed | | Net margin | 5.17% | 2025 | computed | | Operating margin | 7.08% | 2025 | computed | | Revenue YoY | +3.32% | 2025 | computed | | ROE | 10.31% | 2025 | computed | Computed values are grepcent-computed from the verified facts above and may differ from ratios the company itself reports. Free cash flow = operating cash flow − capital expenditures. Net margin = net income ÷ revenue. Operating margin = operating income ÷ revenue. Revenue YoY = FY2025 revenue ÷ FY2024 revenue − 1 (consecutive fiscal years only). ROE = net income ÷ period-end stockholders' equity. No market price, no rating, no forecast on this site. Not investment advice. ### Peer percentile fingerprint | Ratio | RS | Peer median | Percentile | N | | --- | ---: | ---: | ---: | ---: | | Net margin | 5.2% | 2.8% | 68 | 39 | | Operating margin | 7.1% | 5.0% | 64 | 37 | | Revenue growth | 3.3% | 4.0% | 39 | 39 | | FCF margin | 3.5% | 2.4% | 62 | 38 | | ROE | 10.3% | 9.1% | 61 | 39 | | ROA | 7.1% | 3.9% | 74 | 39 | | Liabilities / equity | 0.45 | 1.51 | 5 | 39 | | Current ratio | 4.88 | 2.21 | 100 | 38 | Percentile = share of the N covered peers reporting that ratio whose value is lower (ties counted half); computed among grepcent-covered companies in SIC major-group 50 SIC Major Group 50, not the whole market. A higher percentile means a higher value of the ratio, not a better company. Ratios with fewer than 8 reporting peers are omitted. Latest reported values per company; fiscal periods may differ. Descriptive arithmetic - not a score, rating, or ranking. ## Selected Fundamentals | Metric | Value | Unit | FY | Filed | | --- | ---: | --- | ---: | --- | | Revenue | 14294300000 | USD | 2025 | 2026-02-26 | | Net income | 739400000 | USD | 2025 | 2026-02-26 | | Assets | 10373300000 | USD | 2025 | 2026-02-26 | ## Financials Annual standardized facts from SEC companyfacts as of latest extracted filing date 2026-02-26. Source: https://data.sec.gov/api/xbrl/companyfacts/CIK0000861884.json. Derived margins, ratios, and free cash flow are computed from the extracted annual SEC facts. | Metric | 2008 | 2009 | 2010 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Revenue | | | | | | 9,721,000,000 | 11,534,500,000 | 10,973,800,000 | 8,811,900,000 | 14,093,300,000 | 17,025,000,000 | 14,805,900,000 | 13,835,000,000 | 14,294,300,000 | | Net income | 482,777,000 | 148,158,000 | 194,353,000 | | | | | | | | | 1,335,900,000 | 875,200,000 | 739,400,000 | | Operating income | | | | | 517,800,000 | 662,400,000 | 937,500,000 | 1,013,500,000 | 565,800,000 | 1,948,900,000 | 2,506,900,000 | 1,739,500,000 | 1,160,000,000 | 1,012,700,000 | | Diluted EPS | | | | | 4.16 | 8.34 | 8.75 | 10.34 | 5.66 | 21.97 | 29.92 | 22.64 | 15.56 | 13.98 | | Operating cash flow | | | | | 626,500,000 | 399,000,000 | 664,600,000 | 1,301,500,000 | 1,173,000,000 | 799,400,000 | 2,118,600,000 | 1,671,300,000 | 1,429,800,000 | 831,400,000 | | Capital expenditures | | | | | 154,900,000 | 161,600,000 | 239,900,000 | 242,200,000 | 172,000,000 | 236,600,000 | 341,800,000 | 468,800,000 | 430,600,000 | 328,900,000 | | Share buybacks | | | | 355,500,000 | | 25,000,000 | 484,900,000 | 50,000,000 | 337,300,000 | 323,500,000 | 630,300,000 | 479,500,000 | 1,093,700,000 | 594,100,000 | | Assets | | | | | 7,411,300,000 | 7,751,000,000 | 8,044,900,000 | 8,131,100,000 | 8,106,800,000 | 9,536,000,000 | 10,329,900,000 | 10,480,300,000 | 10,021,800,000 | 10,373,300,000 | | Liabilities | | | | | | | | | | | 3,234,000,000 | 2,747,500,000 | 2,791,200,000 | 3,193,800,000 | | Stockholders' equity | | | | | 4,148,800,000 | 4,667,100,000 | 4,671,600,000 | 5,206,600,000 | 5,115,400,000 | 6,086,500,000 | 7,087,400,000 | 7,722,300,000 | 7,219,600,000 | 7,170,100,000 | | Cash and cash equivalents | | | | | 122,800,000 | 154,400,000 | 128,200,000 | 174,300,000 | 683,500,000 | 300,500,000 | 1,173,400,000 | 1,080,200,000 | 318,100,000 | 216,600,000 | | Free cash flow | | | | | 471,600,000 | 237,400,000 | 424,700,000 | 1,059,300,000 | 1,001,000,000 | 562,800,000 | 1,776,800,000 | 1,202,500,000 | 999,200,000 | 502,500,000 | ### Ratios ROE and ROA use period-end equity/assets. Liabilities / equity uses total liabilities divided by stockholders' equity. Current ratio uses current assets divided by current liabilities when both are reported. | Metric | 2008 | 2009 | 2010 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Net margin | | | | | | | | | | | | 9.02% | 6.33% | 5.17% | | Operating margin | | | | | | 6.81% | 8.13% | 9.24% | 6.42% | 13.83% | 14.72% | 11.75% | 8.38% | 7.08% | | Return on equity | | | | | | | | | | | | 17.30% | 12.12% | 10.31% | | Return on assets | | | | | | | | | | | | 12.75% | 8.73% | 7.13% | | Liabilities / equity | | | | | | | | | | | 0.46 | 0.36 | 0.39 | 0.45 | | Current ratio | | | | | 4.10 | 4.34 | 4.70 | 4.46 | 5.08 | 3.91 | 3.55 | 5.66 | 3.21 | 4.88 | ## As-reported value updates 1 tracked difference above grepcent's stated thresholds were found between the earliest XBRL-filed value and the value currently on file for the same fiscal period. Ledger: /company/RS/revisions/ ## Quarterly Quarterly standardized facts from SEC companyfacts as of latest extracted filing date 2026-04-29. Source: https://data.sec.gov/api/xbrl/companyfacts/CIK0000861884.json. Flow metrics use discrete quarter-length periods from 10-Q/10-Q/A filings. Q4 revenue and net income are derived only when annual FY and nine-month YTD facts exist for the same fiscal year; derived Q4 values are labeled. EPS Q4 is not derived. | Quarter | End date | Revenue | Net income | Diluted EPS | Method | | --- | --- | ---: | ---: | ---: | --- | | 2022-Q2 | 2022-06-30 | | | 9.15 | reported discrete quarter | | 2022-Q3 | 2022-09-30 | | | 6.45 | reported discrete quarter | | 2023-Q1 | 2023-03-31 | | | 6.43 | reported discrete quarter | | 2023-Q2 | 2023-06-30 | 3,880,300,000 | 386,300,000 | 6.49 | reported discrete quarter | | 2023-Q3 | 2023-09-30 | 3,623,000,000 | 296,000,000 | 4.99 | reported discrete quarter | | 2023-Q4 | 2023-12-31 | 3,337,300,000 | 273,400,000 | | derived Q4 = FY annual - nine-month YTD | | 2024-Q1 | 2024-03-31 | 3,644,800,000 | 303,800,000 | 5.23 | reported discrete quarter | | 2024-Q2 | 2024-06-30 | 3,643,300,000 | 268,300,000 | 4.67 | reported discrete quarter | | 2024-Q3 | 2024-09-30 | 3,420,300,000 | 199,900,000 | 3.61 | reported discrete quarter | | 2024-Q4 | 2024-12-31 | 3,126,600,000 | 106,000,000 | | derived Q4 = FY annual - nine-month YTD | | 2025-Q1 | 2025-03-31 | 3,484,700,000 | 200,500,000 | 3.74 | reported discrete quarter | | 2025-Q2 | 2025-06-30 | 3,659,800,000 | 234,200,000 | 4.42 | reported discrete quarter | | 2025-Q3 | 2025-09-30 | 3,651,200,000 | 190,000,000 | 3.59 | reported discrete quarter | | 2025-Q4 | 2025-12-31 | 3,498,600,000 | 116,900,000 | | derived Q4 = FY annual - nine-month YTD | | 2026-Q1 | 2026-03-31 | 4,026,000,000 | 265,600,000 | 5.10 | reported discrete quarter | ## Filed narrative (10-K & 10-Q) ## Business Verbatim Item 1 Business section from RS's latest 10-K: [/company/RS/business/](/company/RS/business/). ## Risk Factors Verbatim Item 1A Risk Factors from RS's latest 10-K: [/company/RS/risk-factors/](/company/RS/risk-factors/). ## Latest quarter (10-Q) Latest 10-Q source: https://www.sec.gov/Archives/edgar/data/861884/000110465926087528/rs-20260630x10q.htm Extracted structurally from real Item 2 body heading to real Item 3/4 boundary. Confidence: high Filing date: 2026-07-28 Report date: 2026-06-30 ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS ​ The terms “Company,” “Reliance,” “we,” “our,” and “us” refer to Reliance, Inc. and all its subsidiaries that are consolidated in accordance with U.S. generally accepted accounting principles (“GAAP”), unless otherwise indicated. ​ This report contains certain statements that are, or may be deemed to be, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Our forward-looking statements may include, but are not limited to, discussions of our: industry and end markets; business strategies; acquisitions; expectations concerning our future growth and profitability; ability to generate industry leading returns for our stockholders; future demand and metals pricing; results of operations; margins; profitability; taxes; liquidity; cash flows; capital expenditures; expectations for and impacts from macroeconomic conditions, including inflation, and the possibility of an economic recession or slowdown; anticipated effects from regulations and regulatory changes, including taxation, tariffs and other trade barriers; litigation matters and capital resources. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “could,” “would,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “preliminary,” “range,” “intend” and “continue,” the negative of these terms, and similar expressions. All statements contained in this report that are not statements of historical fact are forward-looking statements. These forward-looking statements are based on management’s estimates, projections and assumptions as of the date of such statements. We caution readers not to place undue reliance on forward-looking statements. ​ Forward-looking statements involve known and unknown risks and uncertainties and are not guarantees of future performance. Actual outcomes and results may differ materially from what is expressed or forecasted in these forward-looking statements as a result of various important factors, including, but not limited to, actions taken by us, as well as developments beyond our control, including, but not limited to: changes in domestic and worldwide political and economic conditions; changes in U.S. and foreign trade policies and programs, including tariffs and trade policies and programs specifically affecting metal product markets and pricing; slowing economic growth, inflation, rising unemployment or other macroeconomic factors that could materially impact us, our customers and suppliers; metals pricing; demand for our products and services; the possibility that the expected benefits of government contracts, including the U.S. border wall project, acquisitions and capital expenditures may not materialize as expected; and the impacts of labor constraints and supply chain disruptions. Deteriorations in economic conditions, including as a result of tariffs or trade barriers, economic policies, inflation, economic recession, slowing growth, outbreaks of infectious disease, or geopolitical conflicts such as in Ukraine and Iran, could lead to a decline in demand for our products and services and negatively impact our business, and may also impact financial markets and corporate credit markets which could adversely impact our access to financing, or the terms of any financing. Other factors which could cause actual results to differ materially from our forward-looking statements include those disclosed in this report and in other reports we have filed with the United States Securities and Exchange Commission (the “SEC”). Important risks and uncertainties about our business can be found elsewhere in this Quarterly Report on Form 10-Q and in Item 1A “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2025 filed with the SEC and in other documents Reliance files or furnishes with the SEC. The Company cannot at this time predict all of the impacts of domestic and foreign tariffs and trade policies, inflation, product price fluctuations, economic recession, outbreaks of infectious disease, geopolitical conflicts and related economic effects, but these factors, individually or in any combination, could have a material adverse effect on the Company’s business, financial position, results of operations and cash flows. ​ The statements contained in this Quarterly Report on Form 10-Q speak only as of the date that they were made, and we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. Except as required by law, we disclaim any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect any change in assumptions, beliefs, or expectations or any change in events, conditions, or 16 Table of Contents circumstances upon which any such forward-looking statements are based. You should review any additional disclosures we make in our press releases and other documents we file with or furnish to the SEC. ​ This Management’s Discussion and Analysis of Financial Condition and Results of Operations should be read in conjunction with our Annual Report on Form 10-K for the year ended December 31, 2025 and other sections of this Quarterly Report on Form 10-Q, including the consolidated financial statements and related notes contained in Item 1. ​ Results of Operations ​ The following sets forth certain income statement data for the second quarters and first six months of 2026 and 2025 (dollars are shown in millions, except per share amounts, and certain percentages may not calculate due to rounding): ​ [[GREPCENT_TABLE]] [["\u200b","\u200b","\u200b","\u200b","\u200b","\u200b","\u200b","\u200b","\u200b","\u200b","\u200b","\u200b","\u200b","\u200b","\u200b","\u200b","\u200b","\u200b","\u200b","\u200b","\u200b","\u200b","\u200b","\u200b"],["\u200b","Three Months Ended","\u200b","\u200b","Six Months Ended","\u200b"],["\u200b","June 30,","\u200b","\u200b","June 30,","\u200b"],["\u200b","2026","\u200b","\u200b","2025","\u200b","\u200b","2026","\u200b","\u200b","2025","\u200b"],["\u200b","\u200b","\u200b","\u200b \u200b","%","\u200b","\u200b \u200b","\u200b","\u200b","\u200b \u200b","%","\u200b","\u200b \u200b","\u200b","\u200b","\u200b \u200b","%","\u200b","\u200b \u200b","\u200b","\u200b","\u200b \u200b","%","\u200b"],["Net sales","$","4,630.0","\u200b","100.0","%","\u200b","$","3,659.8","\u200b","100.0","%","\u200b","$","8,656.0","\u200b","100.0","%","\u200b","$","7,144.5","\u200b","100.0","%"],["Cost of sales (exclusive of LIFO and depreciation and amortization shown below)","\u200b","3,217.0","\u200b","69.5","\u200b","\u200b","\u200b","2,546.9","\u200b","69.6","\u200b","\u200b","\u200b","6,033.6","\u200b","69.7","\u200b","\u200b","\u200b","4,973.3","\u200b","69.6","\u200b"],["LIFO expense","\u200b","112.5","\u200b","2.4","\u200b","\u200b","\u200b","25.0","\u200b","0.7","\u200b","\u200b","\u200b","150.0","\u200b","1.7","\u200b","\u200b","\u200b","50.0","\u200b","0.7","\u200b"],["Gross profit(1)","\u200b","1,300.5","\u200b","28.1","\u200b","\u200b","\u200b","1,087.9","\u200b","29.7","\u200b","\u200b","\u200b","2,472.4","\u200b","28.6","\u200b","\u200b","\u200b","2,121.2","\u200b","29.7","\u200b"],["Gross profit \u2013 FIFO(1)(2)","\u200b","1,413.0","\u200b","30.5","\u200b","\u200b","\u200b","1,112.9","\u200b","30.4","\u200b","\u200b","\u200b","2,622.4","\u200b","30.3","\u200b","\u200b","\u200b","2,171.2","\u200b","30.4","\u200b"],["Warehouse, delivery, selling, general and administrative expense (\u201cSG&A\u201d)","\u200b","789.4","\u200b","17.0","\u200b","\u200b","\u200b","706.0","\u200b","19.3","\u200b","\u200b","\u200b","1,524.2","\u200b","17.6","\u200b","\u200b","\u200b","1,396.2","\u200b","19.5","\u200b"],["Depreciation expense","\u200b","62.1","\u200b","1.3","\u200b","\u200b","\u200b","59.3","\u200b","1.6","\u200b","\u200b","\u200b","123.6","\u200b","1.4","\u200b","\u200b","\u200b","117.6","\u200b","1.6","\u200b"],["Amortization expense","\u200b","7.4","\u200b","0.2","\u200b","\u200b","\u200b","10.4","\u200b","0.3","\u200b","\u200b","\u200b","15.1","\u200b","0.2","\u200b","\u200b","\u200b","20.8","\u200b","0.3","\u200b"],["Operating income","\u200b","441.6","\u200b","9.5","\u200b","\u200b","\u200b","312.2","\u200b","8.5","\u200b","\u200b","\u200b","809.5","\u200b","9.4","\u200b","\u200b","\u200b","586.6","\u200b","8.2","\u200b"],["Interest expense","\u200b","18.2","\u200b","0.4","\u200b","\u200b","\u200b","14.3","\u200b","0.4","\u200b","\u200b","\u200b","33.6","\u200b","0.4","\u200b","\u200b","\u200b","25.8","\u200b","0.4","\u200b"],["Other income, net","\u200b","(6.4)","\u200b","(0.1)","\u200b","\u200b","\u200b","(6.4)","\u200b","(0.2)","\u200b","\u200b","\u200b","(3.4)","\u200b","\u2014","\u200b","\u200b","\u200b","(5.9)","\u200b","(0.1)","\u200b"],["Income before income taxes","\u200b","429.8","\u200b","9.3","\u200b","\u200b","\u200b","304.3","\u200b","8.3","\u200b","\u200b","\u200b","779.3","\u200b","9.0","\u200b","\u200b","\u200b","566.7","\u200b","7.9","\u200b"],["Income tax provision","\u200b","106.2","\u200b","2.3","\u200b","\u200b","\u200b","70.1","\u200b","1.9","\u200b","\u200b","\u200b","190.1","\u200b","2.2","\u200b","\u200b","\u200b","132.0","\u200b","1.8","\u200b"],["Net income","\u200b","323.6","\u200b","7.0","\u200b","\u200b","\u200b","234.2","\u200b","6.4","\u200b","\u200b","\u200b","589.2","\u200b","6.8","\u200b","\u200b","\u200b","434.7","\u200b","6.1","\u200b"],["Less: net income \u2013 noncontrolling interests","\u200b","0.7","\u200b","\u2014","\u200b","\u200b","\u200b","0.5","\u200b","\u2014","\u200b","\u200b","\u200b","1.4","\u200b","\u2014","\u200b","\u200b","\u200b","1.3","\u200b","\u2014","\u200b"],["Net income \u2013 Reliance","$","322.9","\u200b","7.0","%","\u200b","$","233.7","\u200b","6.4","%","\u200b","$","587.8","\u200b","6.8","%","\u200b","$","433.4","\u200b","6.1","%"],["Diluted earnings per share","$","6.29","\u200b","\u200b","\u200b","\u200b","$","4.42","\u200b","\u200b","\u200b","\u200b","$","11.38","\u200b","\u200b","\u200b","\u200b","$","8.15","\u200b","\u200b","\u200b"]] [[/GREPCENT_TABLE]] [[GREPCENT_TABLE]] [["(1)","Gross profit (calculated as net sales less cost of sales) and gross profit margin (calculated as gross profit divided by net sales) are non-GAAP financial measures as they exclude depreciation and amortization expense associated with the corresponding sales. About half of our orders are basic distribution with no processing services performed. For the remainder of our sales orders, we perform \u201cfirst-stage\u201d processing, which is generally not labor intensive as we are simply cutting the metal to size. Because of this, the amount of related labor and overhead, including depreciation and amortization, is not significant and is excluded from cost of sales. Therefore, our cost of sales is substantially comprised of the cost of the material we sell. We use gross profit and gross profit margin as shown above as measures of operating performance. Gross profit and gross profit margin are important operating and financial measures as their fluctuations can have a significant impact on our earnings. Gross profit and gross profit margin, as presented, are not necessarily comparable with similarly titled measures for other companies."]] [[/GREPCENT_TABLE]] [[GREPCENT_TABLE]] [["(2)","We use first-in, first-out (\u201cFIFO\u201d) gross profit, FIFO gross profit margin, and other FIFO-based non-GAAP performance measures to assess our ongoing operating performance and provide a basis for comparison with competitors that do not use the last-in, first-out (\u201cLIFO\u201d) inventory accounting method."]] [[/GREPCENT_TABLE]] ​ 1 [Excerpt truncated for page length; source filing is linked above.] ## Latest 10-K MD&A MD&A text quarantined because Item 7 boundaries were low-confidence, or no Item 7 text was extracted. No filing narrative is emitted for this company until the parser has a clean span. All MD&A years: /company/RS/mda/ ## MD&A history Prior-year 10-K MD&A spans are extracted from SEC filings with the same bounded parser used for the latest filing. Each year's full verbatim text is on its own sub-page. - [FY 2024 MD&A](/company/RS/mda/fy2024/): filed 2025-02-27; accession 0001558370-25-001806 (https://www.sec.gov/Archives/edgar/data/861884/000155837025001806/rs-20241231x10k.htm) - [FY 2023 MD&A](/company/RS/mda/fy2023/): filed 2024-02-29; accession 0001558370-24-002166 (https://www.sec.gov/Archives/edgar/data/861884/000155837024002166/rs-20231231x10k.htm) - [FY 2022 MD&A](/company/RS/mda/fy2022/): filed 2023-02-28; accession 0001558370-23-002368 (https://www.sec.gov/Archives/edgar/data/861884/000155837023002368/rs-20221231x10k.htm) - [FY 2021 MD&A](/company/RS/mda/fy2021/): filed 2022-02-24; accession 0001558370-22-001918 (https://www.sec.gov/Archives/edgar/data/861884/000155837022001918/rs-20211231x10k.htm) ## Macro cross-references Indicators mapped to this company's SIC classification (industry 5051 Wholesale-Metals Service Centers & of fices) by grepcent's deterministic macro-sector crosswalk. A navigational mapping, not a statistical or causal claim. - [GDPC1](/indicator/GDPC1/): Real Gross Domestic Product - [PCE](/indicator/PCE/): Personal Consumption Expenditures - [RSAFS](/indicator/RSAFS/): Advance Retail Sales: Retail Trade - [BOPGSTB](/indicator/BOPGSTB/): U.S. International Trade in Goods and Services: Balance - [DGS10](/indicator/DGS10/): Market Yield on U.S. Treasury Securities at 10-Year Constant Maturity Macro-to-micro threads including this sector: [Money & trade](/thread/money-trade/), [Industrial orders & inventories](/thread/industrial-orders/), [Trade & external](/thread/trade-external/). All macro indicators: /indicators/ ## For LLMs & downloads Markdown twin: /company/RS.md · JSON record: /company/RS.json · verified financials: /company/RS/financials.json / /company/RS/financials.csv · machine TOC for the whole site: /llms.txt