National Steel (SID) Tax Provisions (2009 - 2026)
National Steel's (SID) quarterly Tax Provisions came in at $69.3 million in Q2 2026, down 44.76% year-over-year from $125.4 million in Q2 2025, and down 20.99% quarter-over-quarter from $87.7 million in Q1 2026.
Analysis
National Steel (SID) Tax Provisions (2009 - 2026) Analysis & Trends
National Steel has disclosed Tax Provisions across 18 years of filings, most recently posting $69.3 million for Q2 2026.
- In Q2 2026, Tax Provisions fell 44.76% year-over-year to $69.3 million; the TTM figure through Jun 2026 stood at $573.4 million (up 17.39% YoY), while the FY2025 annual figure was $31.0 million, up 3085.17% from the prior year.
- Tax Provisions came in at $69.3 million for Q2 2026 at National Steel, down from $87.7 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $237.7 million in Q4 2025 to a low of -$372.3 million in Q4 2022.
- Average Tax Provisions over 5 years is $24.3 million, with a median of $67.8 million recorded in 2023.
- Year-over-year, Tax Provisions sank 50382.97% in 2023 and jumped 329.34% in 2024.
- Over 5 years, Tax Provisions stood at -$372.3 million in 2022, then surged by 143.55% to $162.1 million in 2023, then increased by 2.98% to $167.0 million in 2024, then surged by 42.39% to $237.7 million in 2025, then tumbled by 70.85% to $69.3 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $69.3 million in Q2 2026, $87.7 million in Q1 2026, and $237.7 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 112.84 Bn | 102.94 Bn | 941.02 Mn | -22.89 Mn |
| 2 | Nucor | 58.24 Bn | 55.55 Bn | 2.03 Bn | 345.00 Mn |
| 3 | Steel Dynamics | 34.14 Bn | 33.55 Bn | 958.97 Mn | 152.68 Mn |
| 4 | Gerdau | 10.23 Bn | 9.16 Bn | 558.98 Mn | -110.36 Mn |
| 5 | Commercial Metals | 7.39 Bn | 6.83 Bn | 455.14 Mn | 15.82 Mn |
| 6 | Cleveland-Cliffs | 6.75 Bn | 6.68 Bn | 132.00 Mn | -20.00 Mn |
| 7 | Posco Holdings | 4.67 Bn | -5.01 Bn | 1.11 Bn | -99.85 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.41 Bn | 2.86 Bn | - | - |
| 9 | National Steel | 1.82 Bn | -1.00 Bn | 579.08 Mn | 69.29 Mn |
| 10 | SunCoke Energy | 866.00 Mn | 823.30 Mn | 100.40 Mn | 4.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 69.29 Mn |
| Mar 31, 2026 | 87.70 Mn |
| Dec 31, 2025 | 237.74 Mn |
| Sep 30, 2025 | 178.66 Mn |
| Jun 30, 2025 | 125.44 Mn |
| Mar 31, 2025 | 39.44 Mn |
| Dec 31, 2024 | 166.96 Mn |
| Sep 30, 2024 | 156.62 Mn |
| Jun 30, 2024 | 105.23 Mn |
| Mar 31, 2024 | 49.69 Mn |
| Dec 31, 2023 | 162.13 Mn |
| Sep 30, 2023 | -68.29 Mn |
| Jun 30, 2023 | 66.28 Mn |
| Mar 31, 2023 | -41.10 Mn |
| Dec 31, 2022 | -372.33 Mn |
| Sep 30, 2022 | -135,274.05 |
| Jun 30, 2022 | -322.07 Mn |
| Mar 31, 2022 | -204.00 Mn |
| Dec 31, 2021 | -896.44 Mn |
| Sep 30, 2021 | -191,451.94 |