National Steel (SID) Tax Provisions (2018 - 2022)
National Steel's (SID) quarterly Tax Provisions came in at $780.8 million in Q4 2022, up 433.44% quarter-over-quarter from -$234.2 million in Q1 2021.
National Steel (SID) Tax Provisions (2018 - 2022) Analysis & Trends
National Steel has disclosed Tax Provisions across 5 years of filings, most recently posting $780.8 million for Q4 2022.
- Tax Provisions for Q4 2022 came in at $780.8 million, changed N/A year-over-year; the trailing twelve-month figure through Dec 2022 was $864.0 million (changed N/A YoY), and the FY2022 annual result was $372.3 million, down 58.47% from the prior year.
- Tax Provisions came in at $780.8 million for Q4 2022 at National Steel, up from -$234.2 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $780.8 million in Q4 2022 to a low of -$290.0 million in Q4 2019.
- The 5-year median for Tax Provisions is -$84.4 million (2020), against an average of $48.5 million.
- Across the five-year window, Tax Provisions soared 225.55% in 2020 and plunged 400.81% in 2021, its largest moves.
- National Steel's Tax Provisions stood at $108.1 million in 2018, then sank by 368.27% to -$290.0 million in 2019, then jumped by 225.55% to $364.1 million in 2020, then tumbled by 164.31% to -$234.2 million in 2021, then jumped by 433.44% to $780.8 million in 2022.
- The last three Tax Provisions figures came in at $780.8 million (Q4 2022), -$234.2 million (Q1 2021), and $364.1 million (Q4 2020), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | - |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 226.00 Mn |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | -136.00 Mn |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 113.11 Mn |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 83.90 Mn |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | -81.00 Mn |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | - |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | - |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 3.50 Mn |
| 10 | NWPX Infrastructure | 1.13 Bn | 1.11 Bn | 26.67 Mn | 2.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 780.81 Mn |
| Mar 31, 2021 | -234.17 Mn |
| Dec 31, 2020 | 364.10 Mn |
| Mar 31, 2020 | -46.76 Mn |
| Dec 31, 2019 | -289.99 Mn |
| Mar 31, 2019 | -122.02 Mn |
| Dec 31, 2018 | 108.10 Mn |
| Mar 31, 2018 | -172.02 Mn |