Reliance (RS) Net Margin (2009 - 2026)
Reliance's Net Margin came in at 7.73% for Q3 2026, up 2.54 percentage points from 5.19% a year earlier and up 0.75 percentage points from the prior quarter.
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Analysis
Reliance (RS) Net Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Reliance reported Net Margin of 6.38%, up 1.14 percentage points year-over-year; for FY2025, it was 5.17%, down 1.15 percentage points from FY2024.
- Net Margin has declined in each of the last three years, though with a five-year change of +0.98 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 6.33% in FY2024 (-2.70 pp), 9.02% in FY2023 (-1.79 pp), 10.81% in FY2022 (+0.78 pp) and 10.03% in FY2021 (+5.84 pp).
- The Q3 2026 figure represents the highest quarterly Net Margin since Q1 2024.
- Year-over-year, Net Margin has increased for three consecutive quarters, with an average year-over-year change of -0.63 percentage points over the last eight quarters.
- The fastest year-over-year change in Net Margin over five years came in Q4 2021 (a gain of 4.49 percentage points), and the weakest in Q4 2024 (a drop of 4.80 percentage points).
- Business Quant data shows RS's Net Margin at 6.97% (Q2 2026), 6.58% (Q1 2026) and 3.33% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 70.03 Bn | 69.15 Bn | 2.05 Bn | 18.80% |
| 2 | W.W. Grainger | 68.13 Bn | 65.49 Bn | 2.01 Bn | 11.33% |
| 3 | Fastenal | 62.04 Bn | 61.04 Bn | 1.10 Bn | 16.30% |
| 4 | Ferguson Enterprises | 49.55 Bn | 46.77 Bn | 2.32 Bn | 5.54% |
| 5 | Sunbelt Rentals Holdings | 33.45 Bn | 33.33 Bn | 1.25 Bn | 14.06% |
| 6 | Reliance | 21.95 Bn | 21.01 Bn | 1.45 Bn | 7.73% |
| 7 | Wesco International | 15.78 Bn | 12.83 Bn | 1.57 Bn | 3.71% |
| 8 | Watsco | 11.75 Bn | 9.43 Bn | 578.93 Mn | 7.25% |
| 9 | Applied Industrial Technologies | 10.98 Bn | 10.87 Bn | 392.21 Mn | 8.55% |
| 10 | Avantor | 10.60 Bn | 9.18 Bn | 534.80 Mn | 11.98% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.73% |
| 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% |
API Access
Reliance Net 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=net-margin&ticker=RS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=RS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();