What is Reliance's business segments — income tax expense benefit?

Reliance (RS) reported business segments — income tax expense benefit of $83.90M in Q1 2026.

How has Reliance's business segments — income tax expense benefit changed year-over-year?

Reliance's business segments — income tax expense benefit increased by 35.5% year-over-year, from $61.90M to $83.90M.

What is the long-term trend for Reliance's business segments — income tax expense benefit?

Over 3 years (2022 to 2025), Reliance's business segments — income tax expense benefit has grown at a -27.0% compound annual growth rate (CAGR), from $586.20M to $227.60M.

What does business segments — income tax expense benefit mean?

The segment's share of the total corporate income tax burden.

Business Segments · Income Tax Expense Benefit

Business Segments — Income Tax Expense Benefit

Reliance Business Segments — Income Tax Expense Benefit increased by 121.4% to $83.90M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 35.5%, from $61.90M to $83.90M. Over 3 years (FY 2022 to FY 2025), Business Segments — Income Tax Expense Benefit shows a downward trend with a -27.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment

CategoryProfitability

SignalLower is better

VolatilityModerate

First reportedQ1 2022

Last reportedQ1 2026Apr 29, 2026

Rolls up toIncome Tax

How to read this metric

Changes generally track with fluctuations in segment pre-tax profit, though shifts in tax rates or credits can also influence the figure.

Detailed definition

This represents the portion of the total corporate income tax expense that is allocated to the metals service center seg...

Peer comparison

Standard tax allocation metric in consolidated financial statements.

Metric ID: rs_segment_metals_service_centers_income_tax_expense_benefit

Historical Data

17 periods

	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Value	$146.55M	$146.55M	$146.55M	$146.55M	$100.15M	$100.15M	$100.15M	$100.15M	$92.40M	$81.40M	$60.60M	$27.50M	$61.90M	$70.10M	$57.70M	$37.90M	$83.90M
QoQ Change	—	+0.0%	+0.0%	+0.0%	-31.7%	+0.0%	+0.0%	+0.0%	-7.7%	-11.9%	-25.6%	-54.6%	+125.1%	+13.2%	-17.7%	-34.3%	+121.4%
YoY Change	—	—	—	—	-31.7%	-31.7%	-31.7%	-31.7%	-7.7%	-18.7%	-39.5%	-72.5%	-33.0%	-13.9%	-4.8%	+37.8%	+35.5%

Range$27.50M – $146.55M

CAGR-13.0%

Avg YoY Growth-18.7%

Median YoY Growth-31.7%

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Frequently Asked Questions

What is Reliance's business segments — income tax expense benefit?: Reliance (RS) reported business segments — income tax expense benefit of $83.90M in Q1 2026.
How has Reliance's business segments — income tax expense benefit changed year-over-year?: Reliance's business segments — income tax expense benefit increased by 35.5% year-over-year, from $61.90M to $83.90M.
What is the long-term trend for Reliance's business segments — income tax expense benefit?: Over 3 years (2022 to 2025), Reliance's business segments — income tax expense benefit has grown at a -27.0% compound annual growth rate (CAGR), from $586.20M to $227.60M.
What does business segments — income tax expense benefit mean?: The segment's share of the total corporate income tax burden.