Reliance (RS) Gross Margin (2009 - 2026)
Reliance's (RS) quarterly Gross Margin came in at 28.09% in Q2 2026, down 164.0% year-over-year from 43.89% in Q2 2025, and down 3.5% quarter-over-quarter from 29.11% in Q1 2026.
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Reliance (RS) Gross Margin (2009 - 2026) Analysis & Trends
Reliance (RS) has reported Gross Margin for 18 consecutive years, with 28.09% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin fell 164.0% year-over-year to 28.09% in Q2 2026; TTM through Jun 2026 was 28.21%, a 111.0% decrease from a year earlier, with the FY2025 full-year figure at 28.74%, down 95.0% from the prior year.
- Gross Margin was 28.09% for Q2 2026 at Reliance, down from 29.11% in the prior quarter.
- Over five years, Gross Margin peaked at 31.94% in Q2 2022 and troughed at 27.29% in Q4 2025.
- A 5-year average of 29.82% and a median of 29.73% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin slumped 268 bps in 2022 and surged 55 bps in 2023, its largest moves.
- Over 5 years, Gross Margin stood at 31.29% in 2022, then fell by 2 bps to 30.61% in 2023, then decreased by 7 bps to 28.34% in 2024, then declined by 4 bps to 27.29% in 2025, then increased by 3 bps to 28.09% in 2026.
- The last three Gross Margin figures came in at 28.09% (Q2 2026), 29.11% (Q1 2026), and 27.29% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 59.97 Bn | 59.38 Bn | 1.98 Bn | 39.51% |
| 2 | Fastenal | 56.26 Bn | 56.05 Bn | 1.06 Bn | 44.56% |
| 3 | Ferguson Enterprises | 43.04 Bn | 42.22 Bn | 2.32 Bn | 31.02% |
| 4 | Reliance | 20.06 Bn | 19.82 Bn | 1.30 Bn | 28.09% |
| 5 | Wesco International | 16.79 Bn | 15.99 Bn | 1.46 Bn | 21.85% |
| 6 | Applied Industrial Technologies | 11.91 Bn | 11.78 Bn | 411.22 Mn | 30.40% |
| 7 | Watsco | 11.87 Bn | 11.41 Bn | 578.93 Mn | 27.50% |
| 8 | Avantor | 10.07 Bn | 9.76 Bn | 537.00 Mn | 31.73% |
| 9 | Core & Main | 7.67 Bn | 7.52 Bn | 520.00 Mn | 27.23% |
| 10 | Msc Industrial Direct | 6.68 Bn | 6.61 Bn | 430.41 Mn | 41.11% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.09% |
| Mar 31, 2026 | 29.11% |
| Dec 31, 2025 | 27.29% |
| Sep 30, 2025 | 28.25% |
| Jun 30, 2025 | 29.73% |
| Mar 31, 2025 | 29.65% |
| Dec 31, 2024 | 28.34% |
| Sep 30, 2024 | 29.42% |
| Jun 30, 2024 | 29.81% |
| Mar 31, 2024 | 30.95% |
| Dec 31, 2023 | 30.61% |
| Sep 30, 2023 | 29.73% |
| Jun 30, 2023 | 31.51% |
| Mar 31, 2023 | 30.92% |
| Dec 31, 2022 | 31.29% |
| Sep 30, 2022 | 29.17% |
| Jun 30, 2022 | 31.94% |
| Mar 31, 2022 | 30.92% |
| Dec 31, 2021 | 31.17% |
| Sep 30, 2021 | 31.48% |