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
DateValue
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