Reliance (RS) Net Margin (2009 - 2026)
Reliance (RS) posted quarterly Net Margin of 6.97% for Q2 2026, up 59.0% year-over-year from 4.39% in Q2 2025, and up 5.99% quarter-over-quarter from 6.58% in Q1 2026.
Reliance (RS) Net Margin (2009 - 2026) Analysis & Trends
Reliance (RS) has reported Net Margin for 18 consecutive years, with 6.97% the latest figure, recorded in Q2 2026.
- In Q2 2026, Net Margin rose 59.0% year-over-year to 6.97%; the TTM figure through Jun 2026 stood at 5.65% (up 27.0% YoY), while the FY2025 annual figure was 5.17%, down 115.0% from the prior year.
- Net Margin climbed to 6.97% in Q2 2026 per RS's latest filing, from 6.58% in the prior quarter.
- Across five years, Net Margin topped out at 12.24% in Q2 2022 and bottomed at 3.33% in Q4 2025.
- Historically, Net Margin has averaged 7.66% across 5 years, with a median of 7.75% in 2023.
- Annual changes were most pronounced in 2022 — Net Margin soared 261 bps — and 2024, when it tumbled 480 bps.
- Reliance's Net Margin stood at 9.71% in 2022, then fell by 16 bps to 8.17% in 2023, then sank by 59 bps to 3.37% in 2024, then fell by 1 bps to 3.33% in 2025, then jumped by 109 bps to 6.97% in 2026.
- Business Quant data shows RS's Net Margin at 6.97% in Q2 2026, 6.58% in Q1 2026, and 3.33% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 106.22 Bn | 96.33 Bn | 941.02 Mn | 7.92% |
| 2 | Nucor | 55.03 Bn | 52.34 Bn | 2.03 Bn | 12.31% |
| 3 | ArcelorMittal | 54.04 Bn | 49.19 Bn | - | 4.07% |
| 4 | Steel Dynamics | 31.61 Bn | 31.03 Bn | 958.97 Mn | 8.71% |
| 5 | Reliance | 19.53 Bn | 19.29 Bn | 1.30 Bn | 6.97% |
| 6 | Cleveland-Cliffs | 6.15 Bn | 6.08 Bn | 132.00 Mn | -2.77% |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | 8.14% |
| 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 | 15.70% |
| 10 | Worthington Steel | 1.70 Bn | 1.61 Bn | 118.80 Mn | -5.81% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.97% |
| Mar 31, 2026 | 6.58% |
| Dec 31, 2025 | 3.33% |
| Sep 30, 2025 | 5.19% |
| Jun 30, 2025 | 6.39% |
| Mar 31, 2025 | 5.73% |
| Dec 31, 2024 | 3.37% |
| Sep 30, 2024 | 5.82% |
| Jun 30, 2024 | 7.35% |
| Mar 31, 2024 | 8.31% |
| Dec 31, 2023 | 8.17% |
| Sep 30, 2023 | 8.14% |
| Jun 30, 2023 | 9.92% |
| Mar 31, 2023 | 9.66% |
| Dec 31, 2022 | 9.71% |
| Sep 30, 2022 | 9.26% |
| Jun 30, 2022 | 12.24% |
| Mar 31, 2022 | 11.67% |
| Dec 31, 2021 | 10.56% |
| Sep 30, 2021 | 10.28% |