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Reliance (Reliance) Tax Rate % : 17.97% (As of Dec. 2023)


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What is Reliance Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Reliance's Tax Expense for the three months ended in Dec. 2023 was $60 Mil. Reliance's Pre-Tax Income for the three months ended in Dec. 2023 was $333 Mil. Therefore, Reliance's Tax Rate % for the quarter that ended in Dec. 2023 was 17.97%.

Reliance Tax Rate % Historical Data

The historical data trend for Reliance's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Reliance Tax Rate % Chart

Reliance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.02 22.12 24.73 24.12 23.01

Reliance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.34 24.41 24.39 23.71 17.97

Reliance Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Reliance's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=400.6/1740.7
=23.01 %

Reliance's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=59.9/333.3
=17.97 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Reliance Tax Rate % Related Terms

Thank you for viewing the detailed overview of Reliance's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Reliance (Reliance) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Reliance Inc (NYSE:RS) » Definitions » Tax Rate %
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STLD CLF X TX CMC WS MTUS ZEUS RDUS MSB NUE BOM:500228 XKRX:005490 NSE:TATASTEEL XAMS:MT TSE:5401 SHSE:600019 MIC:CHMF TPE:2002 TSE:5411
Traded in Other Exchanges
RS:Mexico
Address
16100 N. 71st Street, Suite 400, Scottsdale, AZ, USA, 85254
Website
https://www.rsac.com
Reliance Steel & Aluminum Co is a metal service center in the United States, providing metal processing and inventory management services for carbon and stainless steel, aluminum, and alloys. Reliance predominantly supplies the nonresidential construction, automotive, aerospace, energy, transportation, and heavy equipment end markets. Its product offerings comprise alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products.
Executives
Michael R Hynes officer: Sr. VP, Operations C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
James Donald Hoffman director, officer: CEO C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Karla R Lewis director, officer: President C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Jeffrey Wayne Durham officer: Sr. VP, Operations C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Mark V Kaminski director C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Smith William A Ii officer: SVP, General Counsel, Corp Sec C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Sean Michael Mollins officer: SVP, Operations 350 SOUTH GRAND AVENUE, SUITE 5100, LOS ANGELES CA 90071
Arthur Ajemyan officer: VP, CFO C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Stephen Paul Koch officer: Sr. VP, Operations C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
David W Seeger director C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Karen Winifred Colonias director C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
John G. Figueroa director 350 SOUTH GRAND AVENUE, SUITE 5100, LOS ANGELES CA 90071
Robert Ambrose Mcevoy director C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Lisa Baldwin director C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Douglas Stotlar director C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254