Reliance (RS) Gross Margin (2009 - 2026)
Reliance (RS) reported Gross Margin of 29.11% for Q1 2026, down 54.0% year-over-year from 63.28% in Q1 2025, and up 6.67% quarter-over-quarter from 27.29% in Q4 2025.
Reliance (RS) Gross Margin (2009 - 2026) Analysis & Trends
Reliance (RS) has 18 years of Gross Margin data on file, last reported at 29.11% in Q1 2026.
- Gross Margin for Q1 2026 came in at 29.11%, down 54.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 28.62% (down 72.0% YoY), and the FY2025 annual result was 28.74%, down 95.0% from the prior year.
- Gross Margin improved to 29.11% in Q1 2026 per RS's latest filing, from 27.29% 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 29.92% and a median of 29.73% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2023: Gross Margin sank 268 bps in 2022, then soared 55 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 31.29% in 2022, then retreated by 2 bps to 30.61% in 2023, then slipped by 7 bps to 28.34% in 2024, then fell by 4 bps to 27.29% in 2025, then increased by 7 bps to 29.11% in 2026.
- Business Quant data shows RS's Gross Margin at 29.11% in Q1 2026, 27.29% in Q4 2025, and 28.25% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | 17.46% |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 15.81% |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | - |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 14.66% |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 29.11% |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | -1.67% |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | -42.64% |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | 23.79% |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 9.89% |
| 10 | NWPX Infrastructure | 1.13 Bn | 1.11 Bn | 26.67 Mn | 19.29% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 31.65% |