Reliance (RS) Tax Rate (2009 - 2026)
Reliance (RS) recorded Tax Rate of 24.16% in Q3 2026, up 0.86 percentage points from 23.29% a year earlier but down 0.55 percentage points from the prior quarter.
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Analysis
Reliance (RS) Tax Rate (2009 - 2026) Analysis & Trends
On a TTM basis, Reliance's Tax Rate came in at 24.32% as of Sep 30, 2026, up 1.40 percentage points year-over-year; for FY2025, it came in at 23.48%, up 0.51 percentage points from FY2024.
- Annual Tax Rate has a five-year change of +1.36 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 22.98% in FY2024 (-0.04 pp), 23.01% in FY2023 (-1.11 pp), 24.12% in FY2022 (-0.61 pp) and 24.73% in FY2021 (+2.61 pp).
- Quarterly Tax Rate has ranged from 17.97% in Q4 2023 to 24.76% in Q1 2022 over the past five years.
- On a year-over-year basis, Tax Rate has increased for five consecutive quarters, with an average year-over-year change of +1.19 percentage points over the last eight quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 3.88 percentage points in Q4 2025, against a drop of 3.37 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 24.71% (Q2 2026), 24.01% (Q1 2026) and 24.48% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 68.95 Bn | 66.71 Bn | 2.01 Bn | 24.32% |
| 2 | United Rentals | 68.54 Bn | 67.66 Bn | 2.05 Bn | 25.26% |
| 3 | Fastenal | 62.92 Bn | 61.91 Bn | 1.10 Bn | 24.40% |
| 4 | Ferguson Enterprises | 50.34 Bn | 47.55 Bn | 2.32 Bn | 26.07% |
| 5 | Sunbelt Rentals Holdings | 33.33 Bn | 33.21 Bn | 1.25 Bn | 25.89% |
| 6 | Reliance | 21.77 Bn | 20.83 Bn | 1.45 Bn | 24.16% |
| 7 | Wesco International | 15.42 Bn | 12.47 Bn | 1.57 Bn | 24.43% |
| 8 | Watsco | 11.20 Bn | 9.27 Bn | 586.29 Mn | 20.44% |
| 9 | Applied Industrial Technologies | 10.92 Bn | 10.80 Bn | 392.21 Mn | 21.67% |
| 10 | Avantor | 10.55 Bn | 9.13 Bn | 534.80 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 24.16% |
| Jun 30, 2026 | 24.71% |
| Mar 31, 2026 | 24.01% |
| Dec 31, 2025 | 24.48% |
| Sep 30, 2025 | 23.29% |
| Jun 30, 2025 | 23.04% |
| Mar 31, 2025 | 23.59% |
| Dec 31, 2024 | 20.60% |
| Sep 30, 2024 | 23.26% |
| Jun 30, 2024 | 23.28% |
| Mar 31, 2024 | 23.32% |
| Dec 31, 2023 | 17.97% |
| Sep 30, 2023 | 23.71% |
| Jun 30, 2023 | 24.39% |
| Mar 31, 2023 | 24.41% |
| Dec 31, 2022 | 21.34% |
| Sep 30, 2022 | 24.73% |
| Jun 30, 2022 | 24.74% |
| Mar 31, 2022 | 24.76% |
| Dec 31, 2021 | 22.85% |
API Access
Reliance Tax Rate 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-rate&ticker=RS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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-rate&ticker=RS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();