Reliance (RS) Tax Rate (2009 - 2026)
Reliance's (RS) quarterly Tax Rate came in at 24.71% in Q2 2026, up 167.0% year-over-year from 9.25% in Q2 2025, and up 2.93% quarter-over-quarter from 24.01% in Q1 2026.
Analysis
Reliance (RS) Tax Rate (2009 - 2026) Analysis & Trends
Reliance (RS) has reported Tax Rate for 18 consecutive years, with 24.71% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 167.0% year-over-year to 24.71% in Q2 2026; TTM through Jun 2026 was 24.17%, a 126.0% increase from a year earlier, with the FY2025 full-year figure at 23.48%, up 51.0% from the prior year.
- Tax Rate was 24.71% for Q2 2026 at Reliance, up from 24.01% in the prior quarter.
- Over five years, Tax Rate peaked at 24.76% in Q1 2022 and troughed at 17.97% in Q4 2023.
- A 5-year average of 23.4% and a median of 23.65% in 2023 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate tumbled 487 bps in 2023 and surged 388 bps in 2025, its largest moves.
- Over 5 years, Tax Rate stood at 22.84% in 2022, then dropped by 21 bps to 17.97% in 2023, then grew by 15 bps to 20.6% in 2024, then advanced by 19 bps to 24.48% in 2025, then advanced by 1 bps to 24.71% in 2026.
- The last three Tax Rate figures came in at 24.71% (Q2 2026), 24.01% (Q1 2026), and 24.48% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 59.97 Bn | 59.38 Bn | 1.98 Bn | 24.81% |
| 2 | Fastenal | 56.26 Bn | 56.05 Bn | 1.06 Bn | 23.76% |
| 3 | Ferguson Enterprises | 43.04 Bn | 42.22 Bn | 2.32 Bn | 26.07% |
| 4 | Reliance | 20.06 Bn | 19.82 Bn | 1.30 Bn | 24.71% |
| 5 | Wesco International | 16.79 Bn | 15.99 Bn | 1.46 Bn | 22.94% |
| 6 | Applied Industrial Technologies | 11.91 Bn | 11.78 Bn | 411.22 Mn | 24.84% |
| 7 | Watsco | 11.87 Bn | 11.41 Bn | 578.93 Mn | 20.91% |
| 8 | Avantor | 10.07 Bn | 9.76 Bn | 537.00 Mn | 53.08% |
| 9 | Core & Main | 7.67 Bn | 7.52 Bn | 520.00 Mn | 24.67% |
| 10 | Msc Industrial Direct | 6.68 Bn | 6.61 Bn | 430.41 Mn | 24.50% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 | 22.84% |
| Sep 30, 2022 | 24.73% |
| Jun 30, 2022 | 24.74% |
| Mar 31, 2022 | 24.76% |
| Dec 31, 2021 | 27.20% |
| Sep 30, 2021 | 25.52% |