Tax Rate: 24.01%
Is the tax rate high or low?
The tax rate of 24.01% is in line with its 5-year average of 23.53%, near the high end of its 5-year range (17.97%–25.65%).
1.37% above its 12-month average of 23.68%.
RS Tax Rate
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
RS Average Tax Rate Chart
RS Current vs Average Tax Rate Chart
RS Tax Rate Metrics
TAX RATE
24.01%
TAX RATE AVG TTM
23.68%
TAX RATE AVG 3Y
23.71%
TAX RATE AVG 5Y
23.98%
TAX RATE AVG 10Y
23.61%
TAX RATE AVG 15Y
26.95%
TAX RATE AVG 20Y
28.86%
CURRENT VS TTM AVG
+1.37%
CURRENT VS 3Y AVG
+1.26%
CURRENT VS 5Y AVG
+0.10%
CURRENT VS 10Y AVG
+1.66%
CURRENT VS 15Y AVG
-10.94%
CURRENT VS 20Y AVG
-16.83%
Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Tax Rate FAQ
- What is the tax rate for Reliance Steel & Aluminum Co. (RS)?
- The tax rate for RS stock is 24.01%.
- Is Reliance Steel & Aluminum Co.'s tax rate high or low?
- The tax rate of 24.01% is in line with its 5-year average of 23.53%, near the high end of its 5-year range (17.97%–25.65%).
- What is the TTM average tax rate for Reliance Steel & Aluminum Co. (RS)?
- The TTM average tax rate for RS stock is 23.68%.
- What is the 3Y average tax rate for Reliance Steel & Aluminum Co. (RS)?
- The 3Y average tax rate for RS stock is 23.71%.
- What is the 5Y average tax rate for Reliance Steel & Aluminum Co. (RS)?
- The 5Y average tax rate for RS stock is 23.98%.
- What is the 10Y average tax rate for Reliance Steel & Aluminum Co. (RS)?
- The 10Y average tax rate for RS stock is 23.61%.
- What is the 15Y average tax rate for Reliance Steel & Aluminum Co. (RS)?
- The 15Y average tax rate for RS stock is 26.95%.
- What is the 20Y average tax rate for Reliance Steel & Aluminum Co. (RS)?
- The 20Y average tax rate for RS stock is 28.86%.
RS Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2026-03-31 | 24.01% |
| 2025-12-31 | 24.48% |
| 2025-09-30 | 23.29% |
| 2025-06-30 | 23.04% |
| 2025-03-31 | 23.59% |
| 2024-12-31 | 20.60% |
| 2024-09-30 | 23.26% |
| 2024-06-30 | 23.28% |
| 2024-03-31 | 23.32% |
| 2023-12-31 | 17.97% |
| 2023-09-30 | 23.71% |
| 2023-06-30 | 24.39% |
| 2023-03-31 | 24.41% |
| 2022-12-31 | 21.34% |
| 2022-09-30 | 24.73% |
| 2022-06-30 | 24.74% |
| 2022-03-31 | 24.76% |
| 2021-12-31 | 22.85% |
| 2021-09-30 | 25.52% |
| 2021-06-30 | 25.65% |
| 2021-03-31 | 25.29% |
| 2020-12-31 | 21.43% |
| 2020-09-30 | 22.60% |
| 2020-06-30 | 20.88% |
| 2020-03-31 | 24.31% |
| 2019-12-31 | 20.66% |
| 2019-09-30 | 24.95% |
| 2019-06-30 | 25.02% |
| 2019-03-31 | 25.01% |
| 2018-12-31 | 29.54% |
| 2018-09-30 | 22.88% |
| 2018-06-30 | 23.97% |
| 2018-03-31 | 24.02% |
| 2017-12-31 | -151.70% |
| 2017-09-30 | 30.38% |
| 2017-06-30 | 31.23% |
| 2017-03-31 | 32.70% |
| 2016-12-31 | 35.75% |
| 2016-09-30 | 28.23% |
| 2016-06-30 | 32.65% |
| 2016-03-31 | 14.38% |
| 2015-12-31 | 27.09% |
| 2015-09-30 | 32.05% |
| 2015-06-30 | 32.60% |
| 2015-03-31 | 31.67% |
| 2014-12-31 | 26.57% |
| 2014-09-30 | 25.69% |
| 2014-06-30 | 36.58% |
| 2014-03-31 | 34.45% |
| 2013-12-31 | 33.01% |
| 2013-09-30 | 32.73% |
| 2013-06-30 | 33.31% |
| 2013-03-31 | 29.47% |
| 2012-12-31 | 33.39% |
| 2012-09-30 | 30.88% |
| 2012-06-30 | 34.29% |
| 2012-03-31 | 33.24% |
| 2011-12-31 | 29.78% |
| 2011-09-30 | 27.23% |
| 2011-06-30 | 35.02% |
| 2011-03-31 | 33.33% |
| 2010-12-31 | 32.58% |
| 2010-09-30 | 32.88% |
| 2010-06-30 | 35.07% |
| 2010-03-31 | 31.64% |
| 2009-12-31 | 18.24% |
| 2009-09-30 | 31.59% |
| 2009-03-31 | 33.30% |
| 2008-12-31 | 32.08% |
| 2008-09-30 | 37.66% |
| 2008-06-30 | 37.67% |
| 2008-03-31 | 37.64% |
| 2007-12-31 | 38.30% |
| 2007-09-30 | 37.50% |
| 2007-06-30 | 37.50% |
| 2007-03-31 | 37.50% |
| 2006-12-31 | 37.66% |
| 2006-09-30 | 38.00% |
| 2006-06-30 | 37.64% |
| 2006-03-31 | 38.50% |
| 2005-12-31 | 39.16% |
| 2005-09-30 | 38.00% |
| 2005-06-30 | 38.00% |
| 2005-03-31 | 38.00% |
| 2004-12-31 | 29.48% |
| 2004-09-30 | 39.44% |
| 2004-06-30 | 39.32% |
| 2004-03-31 | 39.30% |
| 2003-12-31 | 34.39% |
| 2003-09-30 | 39.34% |
| 2003-06-30 | 39.31% |
| 2003-03-31 | 39.34% |
| 2002-12-31 | 35.04% |
| 2002-09-30 | 39.60% |
| 2002-06-30 | 39.59% |
Related Metrics
About Reliance Steel & Aluminum Co.
Reliance Steel & Aluminum Co. (RS) operates as a premier diversified metal solutions provider and a leading metal service center, serving clients across the United States, Canada, and globally. The company provides an extensive inventory of approximately 100,000 metal products, including alloys, aluminum, brass, copper, carbon steel, stainless steel, titanium, and various specialty steels. Beyond distribution, it offers comprehensive metal processing services to diverse sectors such as general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, and heavy industries. Additionally, RS supplies non-ferrous metals and tubular building products, while also manufacturing bespoke extruded metals, fabricated components, and welded parts. As of December 31, 2021, its network comprised about 315 facilities spread across 40 U.S. states and 13 other countries. The company directly sells its offerings to original equipment manufacturers, largely catering to small machine shops and fabricators. Founded in 1939, Reliance Steel & Aluminum Co. is headquartered in Los Angeles, California.
- Sector
- Basic Materials
- Industry
- Steel
- CEO
- Karla R. Lewis