Reliance (RS) Return on Capital Employed [ROCE] (2009 - 2026)
Reliance's Return on Capital Employed [ROCE] came in at 15.15% for Q3 2026, up 4.79 percentage points from 10.36% a year earlier and up 2.60 percentage points from the prior quarter.
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Analysis
Reliance (RS) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Reliance's Return on Capital Employed [ROCE] was 10.83%, down 2.00 percentage points from FY2024.
- Return on Capital Employed [ROCE] has declined in each of the last three years, though with a five-year change of +3.29 percentage points (FY2020 to FY2025).
- Going back by year, Return on Capital Employed [ROCE] was 12.83% in FY2024 (-5.36 pp), 18.19% in FY2023 (-11.10 pp), 29.29% in FY2022 (+4.17 pp) and 25.13% in FY2021 (+17.59 pp).
- The Q3 2026 figure represents the highest quarterly Return on Capital Employed [ROCE] since Q1 2024.
- Year-over-year, Return on Capital Employed [ROCE] increased in two of the last eight quarters, with an average year-over-year change of -1.83 percentage points.
- The fastest year-over-year change in Return on Capital Employed [ROCE] over five years came in Q4 2021 (a gain of 15.79 percentage points), and the weakest in Q4 2023 (a drop of 10.16 percentage points).
- Business Quant data shows RS's Return on Capital Employed [ROCE] at 12.56% (Q2 2026), 11.59% (Q1 2026) and 10.53% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 68.95 Bn | 66.71 Bn | 2.01 Bn | 40.84% |
| 2 | United Rentals | 68.54 Bn | 67.66 Bn | 2.05 Bn | 16.52% |
| 3 | Fastenal | 62.92 Bn | 61.91 Bn | 1.10 Bn | 42.19% |
| 4 | Ferguson Enterprises | 50.34 Bn | 47.55 Bn | 2.32 Bn | 23.37% |
| 5 | Sunbelt Rentals Holdings | 33.33 Bn | 33.21 Bn | 1.25 Bn | 12.18% |
| 6 | Reliance | 21.77 Bn | 20.83 Bn | 1.45 Bn | 15.15% |
| 7 | Wesco International | 15.42 Bn | 12.47 Bn | 1.57 Bn | 11.57% |
| 8 | Watsco | 11.20 Bn | 9.27 Bn | 586.29 Mn | 16.75% |
| 9 | Applied Industrial Technologies | 10.92 Bn | 10.80 Bn | 392.21 Mn | 22.94% |
| 10 | Avantor | 10.55 Bn | 9.13 Bn | 534.80 Mn | 4.76% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 15.15% |
| Jun 30, 2026 | 12.56% |
| Mar 31, 2026 | 11.59% |
| Dec 31, 2025 | 10.53% |
| Sep 30, 2025 | 10.36% |
| Jun 30, 2025 | 11.03% |
| Mar 31, 2025 | 11.75% |
| Dec 31, 2024 | 12.96% |
| Sep 30, 2024 | 14.76% |
| Jun 30, 2024 | 15.05% |
| Mar 31, 2024 | 16.62% |
| Dec 31, 2023 | 18.04% |
| Sep 30, 2023 | 19.50% |
| Jun 30, 2023 | 21.61% |
| Mar 31, 2023 | 24.80% |
| Dec 31, 2022 | 28.20% |
| Sep 30, 2022 | 29.63% |
| Jun 30, 2022 | 30.42% |
| Mar 31, 2022 | 26.51% |
| Dec 31, 2021 | 23.40% |
API Access
Reliance Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=RS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=RS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();