Reliance (RS) Tax Rate (2009 - 2026)
Reliance (RS) recorded Tax Rate of 24.71% in Q2 2026, up 1.67 percentage points from 23.04% a year earlier and up 0.70 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 24.17% as of Jun 30, 2026, up 1.26 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).
- The Q2 2026 figure is the highest quarterly Tax Rate since Q3 2022.
- On a year-over-year basis, Tax Rate has increased for four consecutive quarters, with an average year-over-year change of +1.03 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 24.01% (Q1 2026), 24.48% (Q4 2025) and 23.29% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 58.83 Bn | 56.81 Bn | 1.98 Bn | 24.81% |
| 2 | Fastenal | 57.33 Bn | 56.25 Bn | 1.06 Bn | 23.76% |
| 3 | Ferguson Enterprises | 43.46 Bn | 40.68 Bn | 2.32 Bn | 26.07% |
| 4 | Sunbelt Rentals Holdings | 30.25 Bn | 30.13 Bn | 1.25 Bn | 25.89% |
| 5 | Reliance | 19.78 Bn | 18.82 Bn | 1.30 Bn | 24.71% |
| 6 | Wesco International | 17.79 Bn | 15.10 Bn | 1.46 Bn | 22.94% |
| 7 | Applied Industrial Technologies | 12.37 Bn | 12.24 Bn | 411.22 Mn | 24.84% |
| 8 | Watsco | 10.71 Bn | 8.87 Bn | 578.93 Mn | 20.91% |
| 9 | Avantor | 10.31 Bn | 9.11 Bn | 537.00 Mn | 53.08% |
| 10 | Core & Main | 7.69 Bn | 6.99 Bn | 573.00 Mn | 22.28% |
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 | 21.34% |
| Sep 30, 2022 | 24.73% |
| Jun 30, 2022 | 24.74% |
| Mar 31, 2022 | 24.76% |
| Dec 31, 2021 | 22.85% |
| Sep 30, 2021 | 25.52% |
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();