Reliance RS Business Segments — Income Tax Expense Benefit

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FAQ

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

Reliance (RS) reported business segments — income tax expense benefit of $106.2M in Q2 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 51.5% year-over-year, from $70.1M to $106.2M.

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 $586.2M to $227.6M.

What does business segments — income tax expense benefit mean?

This represents the portion of the total corporate income tax expense that is allocated to the metals service center segment based on its pre-tax earnings. It accounts for the tax impact of the segment's profitability within the jurisdictions where it operates. This metric is essential for calculating the segment's net contribution to corporate earnings.