Reliance (RS) Tax Provisions (2009 - 2026)
Reliance (RS) posted quarterly Tax Provisions of $106.2 million for Q2 2026, up 51.5% year-over-year from $70.1 million in Q2 2025, and up 26.58% quarter-over-quarter from $83.9 million in Q1 2026.
Reliance (RS) Tax Provisions (2009 - 2026) Analysis & Trends
Reliance (RS) has reported Tax Provisions for 18 consecutive years, with $106.2 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Provisions rose 51.5% year-over-year to $106.2 million; the TTM figure through Jun 2026 stood at $285.7 million (up 29.8% YoY), while the FY2025 annual figure was $227.6 million, down 13.1% from the prior year.
- Tax Provisions grew to $106.2 million in Q2 2026 per RS's latest filing, from $83.9 million in the prior quarter.
- Across five years, Tax Provisions topped out at $188.7 million in Q2 2022 and bottomed at $27.5 million in Q4 2024.
- Historically, Tax Provisions has averaged $93.0 million across 5 years, with a median of $88.0 million in 2023.
- Annual changes were most pronounced in 2022 — Tax Provisions jumped 90.09% — and 2024, when it tumbled 54.09%.
- Reliance's Tax Provisions stood at $102.0 million in 2022, then sank by 41.27% to $59.9 million in 2023, then plunged by 54.09% to $27.5 million in 2024, then surged by 37.82% to $37.9 million in 2025, then jumped by 180.21% to $106.2 million in 2026.
- Business Quant data shows RS's Tax Provisions at $106.2 million in Q2 2026, $83.9 million in Q1 2026, and $37.9 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 108.75 Bn | 98.86 Bn | 941.02 Mn | -22.89 Mn |
| 2 | Nucor | 55.28 Bn | 52.59 Bn | 2.03 Bn | 345.00 Mn |
| 3 | ArcelorMittal | 54.99 Bn | 50.14 Bn | - | -175.00 Mn |
| 4 | Steel Dynamics | 32.58 Bn | 31.99 Bn | 958.97 Mn | 152.68 Mn |
| 5 | Reliance | 19.65 Bn | 19.42 Bn | 1.30 Bn | 106.20 Mn |
| 6 | Cleveland-Cliffs | 6.36 Bn | 6.29 Bn | 132.00 Mn | -20.00 Mn |
| 7 | Gerdau | 5.43 Bn | 4.30 Bn | 558.98 Mn | -110.49 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.53 Bn | 2.97 Bn | - | - |
| 9 | Posco Holdings | 4.33 Bn | 1.83 Bn | 1.04 Bn | -145.89 Mn |
| 10 | Worthington Steel | 1.73 Bn | 1.65 Bn | 118.80 Mn | 9.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 106.20 Mn |
| Mar 31, 2026 | 83.90 Mn |
| Dec 31, 2025 | 37.90 Mn |
| Sep 30, 2025 | 57.70 Mn |
| Jun 30, 2025 | 70.10 Mn |
| Mar 31, 2025 | 61.90 Mn |
| Dec 31, 2024 | 27.50 Mn |
| Sep 30, 2024 | 60.60 Mn |
| Jun 30, 2024 | 81.40 Mn |
| Mar 31, 2024 | 92.40 Mn |
| Dec 31, 2023 | 59.90 Mn |
| Sep 30, 2023 | 92.00 Mn |
| Jun 30, 2023 | 124.60 Mn |
| Mar 31, 2023 | 124.10 Mn |
| Dec 31, 2022 | 102.00 Mn |
| Sep 30, 2022 | 129.60 Mn |
| Jun 30, 2022 | 188.70 Mn |
| Mar 31, 2022 | 172.60 Mn |
| Dec 31, 2021 | 148.90 Mn |
| Sep 30, 2021 | 135.90 Mn |