Reliance (RS) Shares Outstanding (2009 - 2026)
Reliance (RS) reported Shares Outstanding of 51.05 million for Q2 2026, down 3.0% from 52.61 million a year earlier and down 1.1% from the prior quarter.
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Analysis
Reliance (RS) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025, Reliance posted Shares Outstanding of 52.56 million, down 5.7% from FY2024.
- Shares Outstanding has declined for eight consecutive years, with a five-year compound annual growth rate of -4.0% (FY2020 to FY2025).
- By year, Shares Outstanding came in at 55.75 million in FY2024 (-4.4%), 58.33 million in FY2023 (-3.7%), 60.56 million in FY2022 (-4.2%) and 63.22 million in FY2021 (-1.7%).
- The Q2 2026 figure ranks as the lowest quarterly Shares Outstanding in data going back to Q2 2009.
- Year over year, Shares Outstanding has now declined in each of the last 20 quarters, with an average decline of 5.2% over the last eight quarters.
- The year-over-year decline in Shares Outstanding has ranged between 0.8% (Q3 2021) and 7.5% (Q2 2025) over the last five years.
- Per Business Quant data, the three quarters before Q2 2026 came in at 51.63 million (Q1 2026), 52.56 million (Q4 2025) and 52.48 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 58.68 Bn | 56.66 Bn | 1.98 Bn | 47.20 Mn |
| 2 | Fastenal | 56.84 Bn | 55.76 Bn | 1.06 Bn | 1.15 Bn |
| 3 | Ferguson Enterprises | 43.23 Bn | 40.45 Bn | 2.32 Bn | 194.60 Mn |
| 4 | Sunbelt Rentals Holdings | 30.01 Bn | 29.89 Bn | 1.25 Bn | 409.98 Mn |
| 5 | Reliance | 19.64 Bn | 18.69 Bn | 1.30 Bn | 51.05 Mn |
| 6 | Wesco International | 17.52 Bn | 14.83 Bn | 1.46 Bn | 48.80 Mn |
| 7 | Applied Industrial Technologies | 12.22 Bn | 12.09 Bn | 411.22 Mn | 37.38 Mn |
| 8 | Watsco | 10.77 Bn | 8.93 Bn | 578.93 Mn | 38.16 Mn |
| 9 | Avantor | 10.19 Bn | 8.98 Bn | 537.00 Mn | 676.20 Mn |
| 10 | Core & Main | 7.65 Bn | 6.95 Bn | 573.00 Mn | 186.64 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 51.05 Mn |
| Mar 31, 2026 | 51.63 Mn |
| Dec 31, 2025 | 52.56 Mn |
| Sep 30, 2025 | 52.48 Mn |
| Jun 30, 2025 | 52.61 Mn |
| Mar 31, 2025 | 53.08 Mn |
| Dec 31, 2024 | 55.75 Mn |
| Sep 30, 2024 | 54.69 Mn |
| Jun 30, 2024 | 56.88 Mn |
| Mar 31, 2024 | 57.34 Mn |
| Dec 31, 2023 | 58.33 Mn |
| Sep 30, 2023 | 58.43 Mn |
| Jun 30, 2023 | 58.69 Mn |
| Mar 31, 2023 | 58.83 Mn |
| Dec 31, 2022 | 60.56 Mn |
| Sep 30, 2022 | 60.06 Mn |
| Jun 30, 2022 | 61.66 Mn |
| Mar 31, 2022 | 61.83 Mn |
| Dec 31, 2021 | 63.22 Mn |
| Sep 30, 2021 | 63.28 Mn |
API Access
Reliance Shares Outstanding 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=shares-outstanding&ticker=RS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=RS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();