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| Date | Value |
|---|---|
| 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% |