National Steel (SID) Tax Rate (2009 - 2023)
National Steel (SID) recorded Tax Rate of -30.63% in Q2 2026, up 14.57 percentage points from the prior quarter.
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Analysis
National Steel (SID) Tax Rate (2009 - 2023) Analysis & Trends
On a TTM basis, National Steel's Tax Rate came in at -41.63% as of Jun 30, 2026; for FY2025, it came in at -10.18%, down 9.79 percentage points from FY2024.
- Annual Tax Rate has a five-year change of +2.80 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at -0.39% in FY2024 (+59.33 pp), -59.72% in FY2023 (-11.61 pp), -48.11% in FY2022 (-21.23 pp) and -26.89% in FY2021 (-13.91 pp).
- The Q2 2026 figure is the highest quarterly Tax Rate since Q1 2025.
- On a year-over-year basis, Tax Rate rose in two of the last four quarters, with an average year-over-year change of +4.20 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 44.37 percentage points in Q4 2024, against a drop of 32.98 percentage points in Q4 2023 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 169.13 Bn | 147.92 Bn | 2.90 Bn | - |
| 3 | Rio Tinto | 143.09 Bn | 103.59 Bn | - | - |
| 4 | Newmont | 125.16 Bn | 93.16 Bn | 4.03 Bn | 31.74% |
| 5 | Freeport-Mcmoran | 99.04 Bn | 83.08 Bn | 2.19 Bn | 28.19% |
| 6 | Agnico Eagle Mines | 94.17 Bn | 83.81 Bn | 2.43 Bn | 31.10% |
| 7 | Barrick Mining | 69.37 Bn | 44.57 Bn | 2.90 Bn | 27.90% |
| 8 | Nucor | 59.35 Bn | 48.73 Bn | 2.03 Bn | 21.23% |
| 9 | ArcelorMittal | 48.19 Bn | 27.21 Bn | - | - |
| 10 | National Steel | 1.54 Bn | -6.57 Bn | 579.08 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 22.14% |
| Dec 31, 2022 | 131.53% |
| Dec 31, 2021 | 263.27% |
| Dec 31, 2020 | 61.77% |
| Sep 30, 2019 | 227.13% |
| Jun 30, 2019 | 84.71% |
| Jun 30, 2018 | 24.44% |
| Dec 31, 2017 | 0.21% |
| Sep 30, 2015 | 16.20% |
| Jun 30, 2015 | 55.73% |
| Mar 31, 2015 | 66.21% |
| Sep 30, 2014 | 7.26% |
| Jun 30, 2013 | 71.28% |
| Mar 31, 2013 | 35.35% |
| Sep 30, 2012 | 129.05% |
| Mar 31, 2012 | 4.60% |
| Dec 31, 2011 | 36.52% |
| Mar 31, 2011 | 4.01% |
| Sep 30, 2009 | 7.39% |
| Jun 30, 2009 | 22.94% |
API Access
National Steel Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=SID&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "SID", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=SID&period=max&api_key=YOUR_API_KEY");
const data = await res.json();