Reliance (RS) Interest Expenses (2009 - 2026)
Reliance (RS) posted quarterly Interest Expenses of $20.7 million for Q2 2026, down 26.07% year-over-year from $28.0 million in Q2 2025, and down 27.87% quarter-over-quarter from $28.7 million in Q1 2026.
Reliance (RS) Interest Expenses (2009 - 2026) Analysis & Trends
Reliance (RS) has reported Interest Expenses for 18 consecutive years, with $20.7 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Interest Expenses fell 26.07% year-over-year to $20.7 million; the TTM figure through Jun 2026 stood at $20.7 million (down 81.38% YoY), while the FY2025 annual figure was $113.2 million, up 51.34% from the prior year.
- Interest Expenses eased to $20.7 million in Q2 2026 per RS's latest filing, from $28.7 million in the prior quarter.
- Across five years, Interest Expenses topped out at $363.0 million in Q3 2025 and bottomed at -$28.8 million in Q4 2025.
- Historically, Interest Expenses has averaged $93.0 million across 5 years, with a median of $27.9 million in 2025.
- On a YoY basis, Interest Expenses climbed as much as 3230.28% in 2025 and fell as far as 164.72% in 2025.
- Reliance's Interest Expenses stood at $40.1 million in 2022, then plunged by 71.32% to $11.5 million in 2023, then soared by 286.96% to $44.5 million in 2024, then tumbled by 164.72% to -$28.8 million in 2025, then soared by 171.88% to $20.7 million in 2026.
- Business Quant data shows RS's Interest Expenses at $20.7 million in Q2 2026, $28.7 million in Q1 2026, and -$28.8 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 106.22 Bn | 96.33 Bn | 941.02 Mn | -50.43 Mn |
| 2 | Nucor | 55.03 Bn | 52.34 Bn | 2.03 Bn | 36.00 Mn |
| 3 | ArcelorMittal | 54.04 Bn | 49.19 Bn | - | - |
| 4 | Steel Dynamics | 31.61 Bn | 31.03 Bn | 958.97 Mn | 39.12 Mn |
| 5 | Reliance | 19.53 Bn | 19.29 Bn | 1.30 Bn | 18.20 Mn |
| 6 | Cleveland-Cliffs | 6.15 Bn | 6.08 Bn | 132.00 Mn | - |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | -89.44 Mn |
| 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 | -1.09 Bn |
| 10 | Worthington Steel | 1.70 Bn | 1.61 Bn | 118.80 Mn | 20.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 20.70 Mn |
| Jun 30, 2026 | 20.70 Mn |
| Mar 31, 2026 | 28.70 Mn |
| Mar 31, 2026 | 28.70 Mn |
| Dec 31, 2025 | -28.80 Mn |
| Dec 31, 2025 | -28.80 Mn |
| Sep 30, 2025 | 363.00 Mn |
| Sep 30, 2025 | 363.00 Mn |
| Jun 30, 2025 | 28.00 Mn |
| Jun 30, 2025 | 28.00 Mn |
| Mar 31, 2025 | 27.80 Mn |
| Mar 31, 2025 | 27.80 Mn |
| Dec 31, 2024 | 44.50 Mn |
| Dec 31, 2024 | 44.50 Mn |
| Sep 30, 2024 | 10.90 Mn |
| Sep 30, 2024 | 10.90 Mn |
| Jun 30, 2024 | 27.30 Mn |
| Jun 30, 2024 | 27.30 Mn |
| Mar 31, 2024 | 25.30 Mn |
| Mar 31, 2024 | 25.30 Mn |