Reliance (RS) Tax Rate (2009 - 2026)
Reliance (RS) reported Tax Rate of 24.01% for Q1 2026, up 42.0% year-over-year from 16.91% in Q1 2025, and up 124.76% quarter-over-quarter from 96.96% in Q4 2025.
Reliance (RS) Tax Rate (2009 - 2026) Analysis & Trends
Reliance (RS) has 18 years of Tax Rate data on file, last reported at 24.01% in Q1 2026.
- Tax Rate for Q1 2026 came in at 24.01%, up 42.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 5.83% (down 1717.0% YoY), and the FY2025 annual result was 4.09%, down 1889.0% from the prior year.
- Tax Rate improved to 24.01% in Q1 2026 per RS's latest filing, from 96.96% in the prior quarter.
- Over five years, Tax Rate peaked at 24.76% in Q1 2022 and troughed at 96.96% in Q4 2025.
- A 5-year average of 14.71% and a median of 23.32% in 2024 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2023 and 2025: Tax Rate surged 2683 bps in 2023, then slumped 11756 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 5.44% in 2022, then jumped by 493 bps to 21.39% in 2023, then retreated by 4 bps to 20.6% in 2024, then plunged by 571 bps to 96.96% in 2025, then soared by 125 bps to 24.01% in 2026.
- Business Quant data shows RS's Tax Rate at 24.01% in Q1 2026, 96.96% in Q4 2025, and 23.29% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | - |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 20.62% |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | -18.06% |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 22.04% |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 24.01% |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | 26.38% |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | - |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | - |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 24.48% |
| 10 | NWPX Infrastructure | 1.13 Bn | 1.11 Bn | 26.67 Mn | 15.98% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.01% |
| Mar 31, 2026 | 24.01% |
| Dec 31, 2025 | -96.96% |
| Dec 31, 2025 | -96.96% |
| Sep 30, 2025 | 23.29% |
| Sep 30, 2025 | 23.29% |
| Jun 30, 2025 | 23.04% |
| Jun 30, 2025 | 23.04% |
| Mar 31, 2025 | 23.59% |
| Mar 31, 2025 | 23.59% |
| Dec 31, 2024 | 20.60% |
| Dec 31, 2024 | 20.60% |
| Sep 30, 2024 | 23.26% |
| Sep 30, 2024 | 23.26% |
| Jun 30, 2024 | 23.28% |
| Jun 30, 2024 | 23.28% |
| Mar 31, 2024 | 23.32% |
| Mar 31, 2024 | 23.32% |
| Dec 31, 2023 | 21.39% |
| Dec 31, 2023 | 21.39% |