Reliance (MEX:RS) Tax Rate %: 24.01% (As of Mar. 2026)

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MEX:RS Reliance Inc MEX:RS
88 GF Score
Price MXN5,529.80
GF Value MXN4,838.52
! 9 Warning Signs
View Full Analysis

What is Reliance Tax Rate %?

Reliance MEX:RS 88 Tax Rate % is 24.01% as of Mar. 2026. GuruFocus rates MEX:RS with a GF Score™ of 88/100 and a GF Value™ of MXN4,838.52. The stock has 9 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Reliance's Tax Expense for the three months ended in Mar. 2026 was MXN1,513 Mil. Reliance's Pre-Tax Income for the three months ended in Mar. 2026 was MXN6,302 Mil. Therefore, Reliance's Tax Rate % for the quarter that ended in Mar. 2026 was 24.01%.

Reliance Tax Rate % Related Terms

Reliance Tax Rate % Historical Data

* Premium members only.

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.

Reliance Tax Rate % Chart

Reliance Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.73 24.12 23.01 22.98 23.48

Reliance Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 23.59 23.04 23.29 24.48 24.01
MEX:RS
88GF Score
Reliance Inc MEX:RS
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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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. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=4098.097/17451.124
=23.48 %

Reliance's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=1512.944/6302.429
=24.01 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 24.01% mean?
Reliance (MEX:RS) has a Tax Rate % of 24.01% as of Mar. 2026.
Is Reliance's Tax Rate % too high?
Reliance's current Tax Rate % is 24.01%. Overall, Reliance has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does Reliance's Tax Rate % compare to TX and CLF?
Reliance's Tax Rate % of 24.01% can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Steel company?
A good Tax Rate % depends on the Steel industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Reliance's current Tax Rate % is 24.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reliance stock overvalued right now?
Reliance (MEX:RS) has a current Tax Rate % of 24.01%. The stock's GF Value™ is MXN4,838.52, compared to a current price of MXN5,529.80 — trading 14.3% above its estimated fair value. The current Tax Rate % is 24.01%. Reliance's overall GF Score™ is 88/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Reliance (MEX:RS), the current Tax Rate % is 24.01% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Reliance (MEX:RS) Overvalued in 2026?

Based on GuruFocus' analysis, Reliance stock appears to be overvalued. The current stock price of MXN5,529.80 is trading 14.3% above its estimated GF Value™ of MXN4,838.52.

Key valuation signals for MEX:RS:

  • Tax Rate %: 24.01%
  • GF Value™: MXN4,838.52 vs. price of MXN5,529.80 (14.3% above fair value)
  • GF Score™: 88/100 with 9 warning signs

No single metric tells the full story. See the MEX:RS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Reliance Business Description

Other Exchanges RS:USARS6:Germany
Address 735 North 19th Avenue, Phoenix, AZ, USA, 85009
Reliance Inc operates a network of companies providing diversified metal solutions and is the metals service center company. It distributes a full line of over 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium and other specialty steel products. The company services more than 125,000 customers in a variety of industries, including consumer products, general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, industrial machinery and heavy industry. It also services the auto industry, through its toll processing operations where it processes customer-owned metal for a fee.
88GF Score

Get the complete analysis for MEX:RS

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN5,529.80
Price
MXN4,838.52
GF Value