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Reliance vs Foster L B: RS and FSTR compared

Reliance is the larger company: $5.2B of revenue in its latest quarter (Q3 2026) against $168M for Foster L B (Q3 2026). Reliance is growing faster (+43% against +22% a year earlier). Reliance is more profitable, with an operating margin of 10.6% against 6.0%.

Reliance vs Foster L B, latest quarterReliance vs Foster L B, latest quarterReliance (RS)Foster L B (FSTR)Revenue$5.2B$168MRevenue growth, Y/Y+43%+22%Operating margin10.6%6.0%Net margin7.7%4.0%Free cash flow$133M$20.8M

Where the money goes: RS and FSTR

Reliance (RS) · Q3 2026

Reliance, Q3 2026: revenue $5.2B (+43% year over year), operating margin 10.6%, net earnings $403M, operating cash flow $212M. The chart follows the revenue to costs, profit and cash.

Foster L B (FSTR) · Q3 2026

Foster L B, Q3 2026: revenue $168M (+22% year over year), operating margin 6.0%, net earnings $6.8M, operating cash flow $23.6M. The chart follows the revenue to costs, profit and cash.

Reliance revenue by segment, Q3 2026Reliance revenue by segment, Q3 2026Carbon steel$3.1BAluminum$862MStainless steel$635MToll processing and logistics$190M
Foster L B revenue by segment, Q3 2026Foster L B revenue by segment, Q3 2026Rail, Technologies, and Services$103MInfrastructure Solutions$65.1M
Reliance (RS)Foster L B (FSTR)
Latest quarterQ3 2026Q3 2026
Revenue$5.2B$168M
Revenue growth, Y/Y+43%+22%
Gross margin—20.5%
Operating margin10.6%6.0%
Net earnings$403M$6.8M
Net margin7.7%4.0%
Operating cash flow$212M$23.6M
Free cash flow$133M$20.8M
Market value$21.3B—
P/E19.3×—
Analysts’ mean target$430.89—

Where the revenue comes from

Reliance

Foster L B

Questions

Which is bigger, Reliance or Foster L B?

Reliance is the larger company: $5.2B of revenue in its latest quarter (Q3 2026) against $168M for Foster L B (Q3 2026).

Is Reliance or Foster L B growing faster?

Reliance is growing faster (+43% against +22% a year earlier).

Which is more profitable, Reliance or Foster L B?

Reliance is more profitable, with an operating margin of 10.6% against 6.0%.

More: Reliance earnings · how Reliance makes money · Foster L B earnings · how Foster L B makes money

From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 27, 2026; 10-Q filed Nov 4, 2026). Fiscal quarters can end on different dates. Not investment advice.