What is Reliance's income tax?

Reliance (RS) reported income tax of $83.9M in Q1 2026.

How has Reliance's income tax changed year-over-year?

Reliance's income tax increased by 35.5% year-over-year, from $61.9M to $83.9M.

What is the long-term trend for Reliance's income tax?

Over 4 years (2021 to 2025), Reliance's income tax has grown at a -16.4% compound annual growth rate (CAGR), from $465.7M to $227.6M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Reliance RS Income Tax

Income Tax at other companies

NucorNUE

$226M+283%

Steel DynamicsSTLD

$113.11M+79.6%

Worthington SteelWS

-$1.1M-107%

MetallusMTUS

$2.6M+62.5%

Cleveland-CliffsCLF

-$81M+45.6%

Commercial MetalsCMC

$16.71M+57.2%

Segments

By segment

See full

Metals Service Centers$83.9M+35.5%

Other financials

Income statement

See full

Revenue$4.0B+15.5%

Gross profit$1.2B+13.4%

Operating income$367.9M+34.1%

Net income$264.9M+32.6%

EPS (diluted)$5.10+36.4%

Balance sheet

See full

Cash & equivalents$249.7M-10.1%

Total debt$2.0B+15.3%

Total equity$7.1B+0.3%

Total assets$10.8B+4.3%

Cash flow

See full

Operating cash flow$151.4M+135%

CapEx$64.2M-26.1%

Free cash flow$87.2M+489%

Valuation

See full

Market cap$19.67B—

Enterprise value$21.45B—

P/E24.4×—

P/S1.3×—

Profitability

See full

Gross margin28.6%—

Operating margin7.5%—

Net margin5.4%—

FCF margin4.1%—

Returns & leverage

See full

Return on equity11.3%—

Debt / equity0.3×—

Current ratio4.4×—

Where this comes from

Reported directly by Reliance in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Reliance’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Reliance's income tax?: Reliance (RS) reported income tax of $83.9M in Q1 2026.
How has Reliance's income tax changed year-over-year?: Reliance's income tax increased by 35.5% year-over-year, from $61.9M to $83.9M.
What is the long-term trend for Reliance's income tax?: Over 4 years (2021 to 2025), Reliance's income tax has grown at a -16.4% compound annual growth rate (CAGR), from $465.7M to $227.6M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.