Reliance (RS) Tax Provisions (2009 - 2026)
Reliance (RS) reported Tax Provisions of $106.2 million for Q2 2026, up 51.5% from $70.1 million a year earlier and up 26.6% from the prior quarter.
Reliance (RS) Tax Provisions (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Reliance's Tax Provisions came in at $285.7 million, up 29.8% year-over-year; for FY2025, it came in at $227.6 million, down 13.1% from FY2024.
- Tax Provisions has declined for three consecutive years, though with a five-year compound annual growth rate of 16.6% (FY2020 to FY2025).
- By year, Tax Provisions came in at $261.9 million in FY2024 (-34.6%), $400.6 million in FY2023 (-31.7%), $586.2 million in FY2022 (+25.9%) and $465.7 million in FY2021 (+340.2%).
- The Q2 2026 figure ranks as the highest quarterly Tax Provisions since Q2 2023.
- Year over year, Tax Provisions has now increased in each of the last three quarters, with an average decline of 1.9% over the last eight quarters.
- The high point for year-over-year Tax Provisions in five years was Q3 2021 (growth of 373.5%); the low point was Q4 2024 (a decline of 54.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $83.9 million (Q1 2026), $37.9 million (Q4 2025) and $57.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 58.83 Bn | 56.81 Bn | 1.98 Bn | 198.00 Mn |
| 2 | Fastenal | 57.33 Bn | 56.25 Bn | 1.06 Bn | 119.30 Mn |
| 3 | Ferguson Enterprises | 43.46 Bn | 40.68 Bn | 2.32 Bn | 146.00 Mn |
| 4 | Sunbelt Rentals Holdings | 30.25 Bn | 30.13 Bn | 1.25 Bn | 153.00 Mn |
| 5 | Reliance | 19.78 Bn | 18.82 Bn | 1.30 Bn | 106.20 Mn |
| 6 | Wesco International | 17.79 Bn | 15.10 Bn | 1.46 Bn | 62.40 Mn |
| 7 | Applied Industrial Technologies | 12.37 Bn | 12.24 Bn | 411.22 Mn | 39.19 Mn |
| 8 | Watsco | 10.71 Bn | 8.87 Bn | 578.93 Mn | 50.57 Mn |
| 9 | Avantor | 10.31 Bn | 9.11 Bn | 537.00 Mn | 43.10 Mn |
| 10 | Core & Main | 7.69 Bn | 6.99 Bn | 573.00 Mn | 43.00 Mn |
Historic 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 | 95.30 Mn |
| Sep 30, 2022 | 129.60 Mn |
| Jun 30, 2022 | 188.70 Mn |
| Mar 31, 2022 | 172.60 Mn |
| Dec 31, 2021 | 125.10 Mn |
| Sep 30, 2021 | 135.90 Mn |
Reliance Tax Provisions 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=tax-provisions&ticker=RS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=RS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();