Reliance (RS) Interest Coverage Ratio (2009 - 2026)
Reliance (RS) posted quarterly Interest Coverage Ratio of 21.33 for Q2 2026, up 91.33% year-over-year from 11.15 in Q2 2025, and up 66.42% quarter-over-quarter from 12.82 in Q1 2026.
Reliance (RS) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Reliance (RS) has reported Interest Coverage Ratio for 18 consecutive years, with 21.33 the latest figure, recorded in Q2 2026.
- In Q2 2026, Interest Coverage Ratio rose 91.33% year-over-year to 21.33; the TTM figure through Jun 2026 stood at 59.69 (up 562.57% YoY), while the FY2025 annual figure was 8.95, down 42.31% from the prior year.
- Interest Coverage Ratio advanced to 21.33 in Q2 2026 per RS's latest filing, from 12.82 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 28.27 in Q4 2023 and bottomed at 5.77 in Q4 2025.
- Historically, Interest Coverage Ratio has averaged 11.21 across 5 years, with a median of 11.25 in 2022.
- Annual changes were most pronounced in 2024 — Interest Coverage Ratio surged 1623.26% — and 2025, when it tumbled 281.21%.
- Reliance's Interest Coverage Ratio stood at 11.34 in 2022, then soared by 149.25% to 28.27 in 2023, then slumped by 88.73% to 3.19 in 2024, then sank by 281.21% to 5.77 in 2025, then soared by 469.45% to 21.33 in 2026.
- Business Quant data shows RS's Interest Coverage Ratio at 21.33 in Q2 2026, 12.82 in Q1 2026, and 5.77 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 106.22 Bn | 96.33 Bn | 941.02 Mn | -27.14 |
| 2 | Nucor | 55.03 Bn | 52.34 Bn | 2.03 Bn | 45.25 |
| 3 | ArcelorMittal | 54.04 Bn | 49.19 Bn | - | - |
| 4 | Steel Dynamics | 31.61 Bn | 31.03 Bn | 958.97 Mn | 17.91 |
| 5 | Reliance | 19.53 Bn | 19.29 Bn | 1.30 Bn | 24.26 |
| 6 | Cleveland-Cliffs | 6.15 Bn | 6.08 Bn | 132.00 Mn | - |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | -6.97 |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.56 Bn | 3.00 Bn | - | - |
| 9 | Posco Holdings | 4.34 Bn | 1.84 Bn | 1.04 Bn | -0.13 |
| 10 | Worthington Steel | 1.70 Bn | 1.61 Bn | 118.80 Mn | -3.60 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.33 |
| Mar 31, 2026 | 12.82 |
| Dec 31, 2025 | -5.77 |
| Sep 30, 2025 | 0.72 |
| Jun 30, 2025 | 11.15 |
| Mar 31, 2025 | 9.87 |
| Dec 31, 2024 | 3.19 |
| Sep 30, 2024 | 25.08 |
| Jun 30, 2024 | 12.88 |
| Mar 31, 2024 | 15.54 |
| Dec 31, 2023 | 28.27 |
| Sep 30, 2023 | 1.46 |
| Jun 30, 2023 | 1.96 |
| Mar 31, 2023 | 19.91 |
| Dec 31, 2022 | 11.34 |
| Sep 30, 2022 | 2.22 |
| Jun 30, 2022 | 3.17 |
| Mar 31, 2022 | 26.72 |
| Dec 31, 2021 | 13.21 |
| Sep 30, 2021 | 2.38 |