National Steel (SID) Tax Rate (2018 - 2022)
National Steel's (SID) quarterly Tax Rate came in at 61890.0% in Q4 2022, up 337856.1% quarter-over-quarter from 18.32% in Q1 2021.
National Steel (SID) Tax Rate (2018 - 2022) Analysis & Trends
National Steel has disclosed Tax Rate across 5 years of filings, most recently posting 61890.0% for Q4 2022.
- Tax Rate for Q4 2022 came in at 61890.0%, changed N/A year-over-year; the trailing twelve-month figure through Dec 2022 was 103.78% (changed N/A YoY), and the FY2022 annual result was 47.47%, up 2058.0% from the prior year.
- Tax Rate came in at 61890.0% for Q4 2022 at National Steel, up from 18.32% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 61890.0% in Q4 2022 to a low of 99.65% in Q4 2019.
- The 5-year median for Tax Rate is 0.16% (2021), against an average of 7720.39%.
- Across the five-year window, Tax Rate slumped 12176 bps in 2019 and soared 16142 bps in 2020, its largest moves.
- National Steel's Tax Rate stood at 22.11% in 2018, then plunged by 551 bps to 99.65% in 2019, then surged by 162 bps to 61.77% in 2020, then tumbled by 130 bps to 18.32% in 2021, then soared by 337856 bps to 61890.0% in 2022.
- The last three Tax Rate figures came in at 61890.0% (Q4 2022), 18.32% (Q1 2021), and 61.77% (Q4 2020), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | - |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 20.62% |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | -18.06% |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 22.04% |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 24.01% |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | 26.38% |
| 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 | 24.48% |
| 10 | NWPX Infrastructure | 1.13 Bn | 1.11 Bn | 26.67 Mn | 15.98% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 61,890.00% |
| Dec 31, 2022 | 61,890.00% |
| Mar 31, 2021 | -18.32% |
| Mar 31, 2021 | -18.32% |
| Dec 31, 2020 | 61.77% |
| Dec 31, 2020 | 61.77% |
| Mar 31, 2020 | 18.65% |
| Mar 31, 2020 | 18.65% |
| Dec 31, 2019 | -99.65% |
| Dec 31, 2019 | -99.65% |
| Mar 31, 2019 | -84.12% |
| Mar 31, 2019 | -84.12% |
| Dec 31, 2018 | 22.11% |
| Dec 31, 2018 | 22.11% |
| Mar 31, 2018 | -27.29% |
| Mar 31, 2018 | -27.29% |