Reliance (RS) Gross Margin (2009 - 2026)
Reliance's Gross Margin was 27.89% in Q3 2026, down 0.36 percentage points from 28.25% a year earlier and down 0.20 percentage points from the prior quarter.
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Analysis
Reliance (RS) Gross Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Reliance's Gross Margin was 28.10% through Sep 30, 2026, down 0.91 percentage points year-over-year; for FY2025, it came in at 28.74%, down 0.95 percentage points from FY2024.
- Gross Margin has now declined for four consecutive years, with a five-year change of -2.76 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 29.68% in FY2024 (-1.03 pp), 30.71% in FY2023 (-0.13 pp), 30.84% in FY2022 (-1.02 pp) and 31.86% in FY2021 (+0.37 pp).
- Quarterly Gross Margin has moved between 27.29% (Q4 2025) and 31.94% (Q2 2022) over five years.
- Compared with a year earlier, Gross Margin has declined for ten straight quarters, with an average year-over-year change of -1.05 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was Q3 2023 (a gain of 0.55 percentage points); the worst was Q1 2022 (a drop of 2.68 percentage points).
- Per Business Quant data, RS's Gross Margin in the three quarters before Q3 2026 was 28.09% (Q2 2026), 29.11% (Q1 2026) and 27.29% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 70.03 Bn | 69.15 Bn | 2.05 Bn | 41.81% |
| 2 | W.W. Grainger | 68.13 Bn | 65.49 Bn | 2.01 Bn | 38.81% |
| 3 | Fastenal | 62.04 Bn | 61.04 Bn | 1.10 Bn | 44.85% |
| 4 | Ferguson Enterprises | 49.55 Bn | 46.77 Bn | 2.32 Bn | 31.02% |
| 5 | Sunbelt Rentals Holdings | 33.45 Bn | 33.33 Bn | 1.25 Bn | 40.10% |
| 6 | Reliance | 21.95 Bn | 21.01 Bn | 1.45 Bn | 27.89% |
| 7 | Wesco International | 15.78 Bn | 12.83 Bn | 1.57 Bn | 21.67% |
| 8 | Watsco | 11.75 Bn | 9.43 Bn | 578.93 Mn | 27.50% |
| 9 | Applied Industrial Technologies | 10.98 Bn | 10.87 Bn | 392.21 Mn | 30.38% |
| 10 | Avantor | 10.60 Bn | 9.18 Bn | 534.80 Mn | 31.49% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 27.89% |
| 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% |
API Access
Reliance Gross Margin 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=gross-margin&ticker=RS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=RS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();