Reliance (RS) Tax Provisions (2009 - 2026)
Reliance (RS) reported Tax Provisions of $128.5 million for Q3 2026, up 122.7% from $57.7 million a year earlier and up 21.0% from the prior quarter.
Reliance (RS) Tax Provisions (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Reliance's Tax Provisions came in at $356.5 million, up 64.1% 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 Q3 2026 figure ranks as the highest quarterly Tax Provisions since Q3 2022.
- Year over year, Tax Provisions has now increased in each of the last four quarters, with growth averaging 17.7% over the last eight quarters.
- The high point for year-over-year Tax Provisions in five years was Q4 2021 (growth of 251.4%); the low point was Q4 2024 (a decline of 54.1%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $106.2 million (Q2 2026), $83.9 million (Q1 2026) and $37.9 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 70.03 Bn | 69.15 Bn | 2.05 Bn | 311.00 Mn |
| 2 | W.W. Grainger | 68.13 Bn | 65.49 Bn | 2.01 Bn | 198.00 Mn |
| 3 | Fastenal | 62.04 Bn | 61.04 Bn | 1.10 Bn | 129.60 Mn |
| 4 | Ferguson Enterprises | 49.55 Bn | 46.77 Bn | 2.32 Bn | 146.00 Mn |
| 5 | Sunbelt Rentals Holdings | 33.45 Bn | 33.33 Bn | 1.25 Bn | 153.00 Mn |
| 6 | Reliance | 21.95 Bn | 21.01 Bn | 1.45 Bn | 128.50 Mn |
| 7 | Wesco International | 15.78 Bn | 12.83 Bn | 1.57 Bn | 86.80 Mn |
| 8 | Watsco | 11.75 Bn | 9.43 Bn | 578.93 Mn | 50.57 Mn |
| 9 | Applied Industrial Technologies | 10.98 Bn | 10.87 Bn | 392.21 Mn | 30.54 Mn |
| 10 | Avantor | 10.60 Bn | 9.18 Bn | 534.80 Mn | -105.40 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 128.50 Mn |
| 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 |
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();