National Steel (SID) Tax Rate (2009 - 2026)
National Steel's (SID) quarterly Tax Rate came in at 30.63% in Q2 2026, up 1686.0% year-over-year from 1.72% in Q2 2025, and up 32.23% quarter-over-quarter from 45.21% in Q1 2026.
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National Steel (SID) Tax Rate (2009 - 2026) Analysis & Trends
National Steel has disclosed Tax Rate across 18 years of filings, most recently posting 30.63% for Q2 2026.
- In Q2 2026, Tax Rate rose 1686.0% year-over-year to 30.63%; the TTM figure through Jun 2026 stood at 41.63% (down 1014.0% YoY), while the FY2025 annual figure was 10.18%, down 979.0% from the prior year.
- Tax Rate came in at 30.63% for Q2 2026 at National Steel, up from 45.21% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 35.04% in Q1 2023 to a low of 27204.71% in Q4 2022.
- Average Tax Rate over 5 years is 1545.53%, with a median of 41.45% recorded in 2022.
- Year-over-year, Tax Rate tumbled 2723158 bps in 2022 and surged 2713310 bps in 2023.
- Over 5 years, Tax Rate stood at 27204.71% in 2022, then surged by 100 bps to 71.61% in 2023, then soared by 62 bps to 27.24% in 2024, then plunged by 43 bps to 39.03% in 2025, then climbed by 22 bps to 30.63% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 30.63% in Q2 2026, 45.21% in Q1 2026, and 39.03% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 114.02 Bn | 104.12 Bn | 941.02 Mn | -4.70% |
| 2 | Nucor | 58.75 Bn | 56.06 Bn | 2.03 Bn | 21.23% |
| 3 | Steel Dynamics | 34.64 Bn | 34.06 Bn | 958.97 Mn | 22.34% |
| 4 | Gerdau | 10.07 Bn | 9.00 Bn | 558.98 Mn | -27.59% |
| 5 | Commercial Metals | 7.63 Bn | 7.07 Bn | 455.14 Mn | 8.38% |
| 6 | Cleveland-Cliffs | 6.92 Bn | 6.85 Bn | 132.00 Mn | 13.16% |
| 7 | Posco Holdings | 4.73 Bn | -4.95 Bn | 1.11 Bn | -16.44% |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.41 Bn | 2.86 Bn | - | - |
| 9 | National Steel | 1.76 Bn | -1.07 Bn | 579.08 Mn | -30.63% |
| 10 | SunCoke Energy | 874.57 Mn | 831.87 Mn | 100.40 Mn | 23.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -30.63% |
| Mar 31, 2026 | -45.21% |
| Dec 31, 2025 | -39.03% |
| Sep 30, 2025 | -51.35% |
| Jun 30, 2025 | -47.49% |
| Mar 31, 2025 | -24.01% |
| Dec 31, 2024 | -27.24% |
| Sep 30, 2024 | -30.72% |
| Jun 30, 2024 | -32.85% |
| Mar 31, 2024 | -29.41% |
| Dec 31, 2023 | -71.61% |
| Sep 30, 2023 | -78.59% |
| Jun 30, 2023 | -50.19% |
| Mar 31, 2023 | 35.04% |
| Dec 31, 2022 | -27,204.71% |
| Sep 30, 2022 | 0.04% |
| Jun 30, 2022 | -47.66% |
| Mar 31, 2022 | -43.87% |
| Dec 31, 2021 | 26.87% |
| Sep 30, 2021 | -0.01% |