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
DateValue
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%