Reliance (RS) Return on Invested Capital [ROIC] (2010 - 2026)
Reliance (RS) posted Return on Invested Capital [ROIC] of 12.54% for Q3 2026, up 3.76 percentage points from 8.77% a year earlier and up 2.07 percentage points from the prior quarter.
Reliance (RS) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2025, Reliance's Return on Invested Capital [ROIC] came in at 9.13%, down 1.23 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has declined for three consecutive years, though with a five-year change of +2.64 percentage points (FY2020 to FY2025).
- In prior years, Reliance's Return on Invested Capital [ROIC] was 10.36% in FY2024 (-4.84 pp), 15.20% in FY2023 (-7.88 pp), 23.08% in FY2022 (+2.86 pp) and 20.22% in FY2021 (+13.73 pp).
- The Q3 2026 figure stands as the highest quarterly Return on Invested Capital [ROIC] since Q2 2024.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased in each of the last three quarters, with an average year-over-year change of -1.52 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q4 2021, with a gain of 12.68 percentage points; the weakest was Q3 2023, with a drop of 7.05 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 10.47% (Q2 2026), 9.70% (Q1 2026) and 8.96% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 67.67 Bn | 65.03 Bn | 2.01 Bn | 32.31% |
| 2 | United Rentals | 65.48 Bn | 64.60 Bn | 2.05 Bn | 14.00% |
| 3 | Fastenal | 60.80 Bn | 59.80 Bn | 1.10 Bn | 33.58% |
| 4 | Ferguson Enterprises | 45.51 Bn | 42.73 Bn | 2.32 Bn | 21.66% |
| 5 | Sunbelt Rentals Holdings | 31.50 Bn | 31.38 Bn | 1.25 Bn | 11.76% |
| 6 | Reliance | 21.26 Bn | 20.31 Bn | 1.45 Bn | 12.54% |
| 7 | Wesco International | 14.25 Bn | 11.29 Bn | 1.57 Bn | 9.77% |
| 8 | Watsco | 11.59 Bn | 9.28 Bn | 578.93 Mn | 14.94% |
| 9 | Avantor | 10.49 Bn | 9.07 Bn | 534.80 Mn | 5.17% |
| 10 | Applied Industrial Technologies | 10.39 Bn | 10.28 Bn | 392.21 Mn | 20.03% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 12.54% |
| Jun 30, 2026 | 10.47% |
| Mar 31, 2026 | 9.70% |
| Dec 31, 2025 | 8.96% |
| Sep 30, 2025 | 8.77% |
| Jun 30, 2025 | 8.95% |
| Mar 31, 2025 | 9.46% |
| Dec 31, 2024 | 10.51% |
| Sep 30, 2024 | 12.04% |
| Jun 30, 2024 | 12.71% |
| Mar 31, 2024 | 13.94% |
| Dec 31, 2023 | 15.09% |
| Sep 30, 2023 | 16.21% |
| Jun 30, 2023 | 17.90% |
| Mar 31, 2023 | 20.31% |
| Dec 31, 2022 | 22.06% |
| Sep 30, 2022 | 23.26% |
| Jun 30, 2022 | 23.64% |
| Mar 31, 2022 | 21.64% |
| Dec 31, 2021 | 19.23% |
Reliance Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=RS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=RS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();