Reliance (RS) Tax Rate (2009 - 2026)
Reliance (RS) posted quarterly Tax Rate of 24.71% for 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.
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.
- In Q2 2026, Tax Rate rose 167.0% year-over-year to 24.71%; the TTM figure through Jun 2026 stood at 24.17% (up 126.0% YoY), while the FY2025 annual figure was 23.48%, up 51.0% from the prior year.
- Tax Rate advanced to 24.71% in Q2 2026 per RS's latest filing, from 24.01% in the prior quarter.
- Across five years, Tax Rate topped out at 24.76% in Q1 2022 and bottomed at 17.97% in Q4 2023.
- Historically, Tax Rate has averaged 23.4% across 5 years, with a median of 23.65% in 2023.
- Annual changes were most pronounced in 2023 — Tax Rate slumped 487 bps — and 2025, when it soared 388 bps.
- Reliance's Tax Rate stood at 22.84% in 2022, then fell by 21 bps to 17.97% in 2023, then rose by 15 bps to 20.6% in 2024, then grew by 19 bps to 24.48% in 2025, then grew by 1 bps to 24.71% in 2026.
- Business Quant data shows RS's Tax Rate at 24.71% in Q2 2026, 24.01% in Q1 2026, and 24.48% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 111.14 Bn | 101.25 Bn | 941.02 Mn | -4.70% |
| 2 | Nucor | 56.70 Bn | 54.00 Bn | 2.03 Bn | 21.23% |
| 3 | ArcelorMittal | 56.04 Bn | 51.19 Bn | - | -20.30% |
| 4 | Steel Dynamics | 33.00 Bn | 32.41 Bn | 958.97 Mn | 22.34% |
| 5 | Reliance | 19.66 Bn | 19.43 Bn | 1.30 Bn | 24.71% |
| 6 | Cleveland-Cliffs | 6.60 Bn | 6.53 Bn | 132.00 Mn | 13.16% |
| 7 | Gerdau | 5.50 Bn | 4.36 Bn | 558.98 Mn | -27.62% |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.56 Bn | 3.00 Bn | - | - |
| 9 | Posco Holdings | 4.35 Bn | 1.86 Bn | 1.04 Bn | -88.84% |
| 10 | Worthington Steel | 1.74 Bn | 1.66 Bn | 118.80 Mn | -20.81% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 24.71% |
| Jun 30, 2026 | 24.71% |
| Jun 30, 2026 | 24.71% |
| Mar 31, 2026 | 24.01% |
| Mar 31, 2026 | 24.01% |
| Mar 31, 2026 | 24.01% |
| Dec 31, 2025 | 24.48% |
| Dec 31, 2025 | 24.48% |
| Dec 31, 2025 | 24.48% |
| Sep 30, 2025 | 23.29% |
| Sep 30, 2025 | 23.29% |
| Sep 30, 2025 | 23.29% |
| Jun 30, 2025 | 23.04% |
| Jun 30, 2025 | 23.04% |
| Jun 30, 2025 | 23.04% |
| Mar 31, 2025 | 23.59% |
| Mar 31, 2025 | 23.59% |
| Mar 31, 2025 | 23.59% |
| Dec 31, 2024 | 20.60% |
| Dec 31, 2024 | 20.60% |