National Steel SID
NYSE SID
$0.89 +0.00 (+0.00%)
At close: Aug 20, 2026 · 4:00 PM EDT

National Steel (SID) Tax Rate (2009 - 2026)

National Steel (SID) posted Tax Rate of 46.59% for Q1 2026, down 19.38% sequentially from 39.03% in Q4 2025, and down 1025.0% YoY from 5.04% in Q1 2025.

National Steel (SID) Tax Rate (2009 - 2026) Analysis & Trends

National Steel has reported Tax Rate for 18 years, with the latest figure at 46.59% in Q1 2026.

  • Quarterly Tax Rate fell 1025.0% year-over-year to 46.59% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 44.71% (down 1431.0% YoY) and the FY2025 annual result came in at 10.29%, up 995.0% from the prior year.
  • Tax Rate eased to 46.59% in Q1 2026 per SID's latest filing, from 39.03% in the prior quarter.
  • Over five years, Tax Rate peaked at 132.51% in Q3 2022 and troughed at 29512.42% in Q4 2022.
  • A 5-year average of 1761.3% and a median of 43.87% in 2022 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2022 and 2023: Tax Rate tumbled 2943692 bps in 2022, then soared 2944080 bps in 2023.
  • Over 5 years, Tax Rate stood at 29512.42% in 2022, then soared by 100 bps to 71.61% in 2023, then surged by 62 bps to 27.24% in 2024, then slumped by 43 bps to 39.03% in 2025, then declined by 19 bps to 46.59% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 46.59%, 39.03%, and 51.35% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Ternium 106.22 Bn 96.33 Bn 941.02 Mn -4.70%
2 Nucor 55.03 Bn 52.34 Bn 2.03 Bn 21.23%
3 ArcelorMittal 54.04 Bn 49.19 Bn - -20.30%
4 Steel Dynamics 31.61 Bn 31.03 Bn 958.97 Mn 22.34%
5 Reliance 19.53 Bn 19.29 Bn 1.30 Bn 24.71%
6 Cleveland-Cliffs 6.15 Bn 6.08 Bn 132.00 Mn 13.16%
7 Gerdau 5.42 Bn 4.28 Bn 558.98 Mn -27.62%
8 GRUPO SIMEC, S.A.B. de C.V 4.56 Bn 3.00 Bn - -
9 Posco Holdings 4.34 Bn 1.84 Bn 1.04 Bn -88.84%
10 National Steel 47.57 Mn -2.81 Bn 479.33 Mn -47.61%

Historic Data

Download Data
DateValue
Mar 31, 2026 -46.59%
Mar 31, 2026 -46.59%
Mar 31, 2026 -46.59%
Dec 31, 2025 -39.03%
Dec 31, 2025 -39.03%
Dec 31, 2025 -39.03%
Sep 30, 2025 -51.35%
Sep 30, 2025 -51.35%
Sep 30, 2025 -51.35%
Jun 30, 2025 -47.49%
Jun 30, 2025 -47.49%
Jun 30, 2025 -47.49%
Mar 31, 2025 -36.34%
Mar 31, 2025 -36.34%
Mar 31, 2025 -36.34%
Dec 31, 2024 -27.24%
Dec 31, 2024 -27.24%
Dec 31, 2024 -27.24%
Sep 30, 2024 -30.72%
Sep 30, 2024 -30.72%