Reliance (RS) Change in Inventory (2009 - 2026)
Reliance's Change in Inventory came in at $154.2 million for Q3 2026, up 177.3% from $55.6 million a year earlier and up 68.7% from the prior quarter.
Reliance (RS) Change in Inventory (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Reliance reported Change in Inventory of $172.7 million, up 62.5% year-over-year; for FY2025, it was $154.8 million.
- Going back by year, Change in Inventory was -$116.8 million in FY2024, $41.5 million in FY2023, -$58.9 million in FY2022 and $505.9 million in FY2021.
- The Q3 2026 figure represents the highest quarterly Change in Inventory since Q2 2023.
- Year-over-year, Change in Inventory increased in two of the last five quarters, with growth averaging 96.7%.
- The fastest year-over-year change in Change in Inventory over five years came in Q2 2025 (growth of 407.2%), and the weakest in Q2 2024 (a decline of 87.8%).
- Business Quant data shows RS's Change in Inventory at $91.4 million (Q2 2026), $47.7 million (Q1 2026) and -$120.6 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 73.05 Bn | 72.17 Bn | 2.05 Bn | 17.00 Mn |
| 2 | W.W. Grainger | 64.96 Bn | 62.55 Bn | 1.98 Bn | -9.00 Mn |
| 3 | Fastenal | 60.07 Bn | 59.07 Bn | 1.10 Bn | 41.90 Mn |
| 4 | Ferguson Enterprises | 46.68 Bn | 43.89 Bn | 2.32 Bn | 92.00 Mn |
| 5 | Sunbelt Rentals Holdings | 33.97 Bn | 33.85 Bn | 1.25 Bn | 1.00 Mn |
| 6 | Reliance | 22.97 Bn | 22.02 Bn | 1.45 Bn | 154.20 Mn |
| 7 | Wesco International | 17.12 Bn | 14.17 Bn | 1.57 Bn | 272.50 Mn |
| 8 | Watsco | 11.77 Bn | 9.45 Bn | 578.93 Mn | 113.54 Mn |
| 9 | Applied Industrial Technologies | 11.22 Bn | 11.10 Bn | 392.21 Mn | - |
| 10 | Avantor | 10.73 Bn | 9.31 Bn | 534.80 Mn | 44.10 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 154.20 Mn |
| Jun 30, 2026 | 91.40 Mn |
| Mar 31, 2026 | 47.70 Mn |
| Dec 31, 2025 | -120.60 Mn |
| Sep 30, 2025 | 55.60 Mn |
| Jun 30, 2025 | 133.90 Mn |
| Mar 31, 2025 | 85.90 Mn |
| Dec 31, 2024 | -169.10 Mn |
| Sep 30, 2024 | -88.70 Mn |
| Jun 30, 2024 | 26.40 Mn |
| Mar 31, 2024 | 114.60 Mn |
| Dec 31, 2023 | -72.00 Mn |
| Sep 30, 2023 | -88.60 Mn |
| Jun 30, 2023 | 215.60 Mn |
| Mar 31, 2023 | -13.50 Mn |
| Dec 31, 2022 | -185.50 Mn |
| Sep 30, 2022 | -164.60 Mn |
| Jun 30, 2022 | 345.20 Mn |
| Mar 31, 2022 | -54.00 Mn |
| Dec 31, 2021 | 52.60 Mn |
Reliance Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=RS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "RS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=RS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();