Reliance (RS) Dividend Coverage Ratio (2009 - 2026)
Reliance's (RS) Dividend Coverage Ratio stood at 6.32 in Q3 2026, up 109.6% from 3.01 a year earlier and up 24.8% from the prior quarter.
Reliance (RS) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
On a TTM basis, Reliance's Dividend Coverage Ratio came in at 4.30 as of Sep 30, 2026, up 48.9% year-over-year; for FY2025, it was 2.90, down 17.2% from FY2024.
- Annual Dividend Coverage Ratio has declined for three straight years.
- Across earlier years, Dividend Coverage Ratio came in at 3.51 in FY2024 (-37.5%), 5.61 in FY2023 (-33.8%), 8.48 in FY2022 (+6.2%) and 7.98 in FY2021 (+254.9%).
- The Q3 2026 figure is the highest quarterly Dividend Coverage Ratio since Q2 2023.
- On a year-over-year basis, Dividend Coverage Ratio has increased for four consecutive quarters, with growth averaging 8.0% over the last eight quarters.
- Peak year-over-year performance for Dividend Coverage Ratio in the last five years was growth of 200.4% in Q4 2021, against a decline of 62.9% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 5.06 (Q2 2026), 3.98 (Q1 2026) and 1.83 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 68.95 Bn | 66.71 Bn | 2.01 Bn | 4.05 |
| 2 | United Rentals | 68.54 Bn | 67.66 Bn | 2.05 Bn | - |
| 3 | Fastenal | 62.92 Bn | 61.91 Bn | 1.10 Bn | - |
| 4 | Ferguson Enterprises | 50.34 Bn | 47.55 Bn | 2.32 Bn | - |
| 5 | Sunbelt Rentals Holdings | 33.33 Bn | 33.21 Bn | 1.25 Bn | - |
| 6 | Reliance | 21.77 Bn | 20.83 Bn | 1.45 Bn | 6.32 |
| 7 | Wesco International | 15.42 Bn | 12.47 Bn | 1.57 Bn | 11.02 |
| 8 | Watsco | 11.20 Bn | 9.27 Bn | 586.29 Mn | 1.07 |
| 9 | Applied Industrial Technologies | 10.92 Bn | 10.80 Bn | 392.21 Mn | 5.88 |
| 10 | Avantor | 10.55 Bn | 9.13 Bn | 534.80 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.32 |
| Jun 30, 2026 | 5.06 |
| Mar 31, 2026 | 3.98 |
| Dec 31, 2025 | 1.83 |
| Sep 30, 2025 | 3.01 |
| Jun 30, 2025 | 3.70 |
| Mar 31, 2025 | 3.06 |
| Dec 31, 2024 | 1.72 |
| Sep 30, 2024 | 3.29 |
| Jun 30, 2024 | 4.28 |
| Mar 31, 2024 | 4.64 |
| Dec 31, 2023 | 4.64 |
| Sep 30, 2023 | 5.03 |
| Jun 30, 2023 | 6.57 |
| Mar 31, 2023 | 6.18 |
| Dec 31, 2022 | 6.54 |
| Sep 30, 2022 | 7.44 |
| Jun 30, 2022 | 10.63 |
| Mar 31, 2022 | 9.23 |
| Dec 31, 2021 | 9.43 |
Reliance Dividend Coverage Ratio 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=dividend-coverage-ratio&ticker=RS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "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=dividend-coverage-ratio&ticker=RS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();