Worthington Steel (WS) Tax Provisions (2022 - 2026)
Worthington Steel's (WS) quarterly Tax Provisions came in at $9.3 million in Q2 2026, down 51.81% year-over-year from $19.3 million in Q2 2025, and up 165.71% quarter-over-quarter from $3.5 million in Q1 2026.
Analysis
Worthington Steel (WS) Tax Provisions (2022 - 2026) Analysis & Trends
Worthington Steel has disclosed Tax Provisions across 5 years of filings, most recently posting $9.3 million for Q2 2026.
- In Q2 2026, Tax Provisions fell 51.81% year-over-year to $9.3 million; the TTM figure through May 2026 stood at $30.4 million (down 4.7% YoY), while the FY2026 annual figure was $30.4 million, down 4.7% from the prior year.
- Tax Provisions came in at $9.3 million for Q2 2026 at Worthington Steel, up from $3.5 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $33.1 million in Q2 2023 to a low of -$5.5 million in Q4 2022.
- Average Tax Provisions over 5 years is $9.1 million, with a median of $5.0 million recorded in 2025.
- The largest YoY upside for Tax Provisions was 1650.0% in 2024 against a maximum downside of 76.47% in 2024.
- Over 5 years, Tax Provisions stood at -$5.5 million in 2022, then soared by 54.55% to -$2.5 million in 2023, then surged by 244.0% to $3.6 million in 2024, then grew by 16.67% to $4.2 million in 2025, then soared by 121.43% to $9.3 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $9.3 million in Q2 2026, $3.5 million in Q1 2026, and $4.2 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Tenaris | 29.94 Bn | 20.91 Bn | 984.66 Mn | -81.94 Mn |
| 2 | Mueller Industries | 13.06 Bn | 11.65 Bn | 395.35 Mn | 82.87 Mn |
| 3 | Arcosa | 7.13 Bn | 6.70 Bn | 155.70 Mn | 11.40 Mn |
| 4 | Azz | 4.08 Bn | 4.07 Bn | 112.17 Mn | 14.01 Mn |
| 5 | Constellium Se | 3.53 Bn | 3.36 Bn | 480.00 Mn | 66.00 Mn |
| 6 | Lci Industries | 2.26 Bn | 2.05 Bn | 301.14 Mn | 23.05 Mn |
| 7 | Worthington Steel | 1.68 Bn | 1.60 Bn | 118.80 Mn | 9.30 Mn |
| 8 | Leggett & Platt | 1.26 Bn | 711.32 Mn | 203.20 Mn | 21.30 Mn |
| 9 | Park Ohio Holdings | 636.20 Mn | 587.90 Mn | 78.90 Mn | 2.40 Mn |
| 10 | Insteel Industries | 591.92 Mn | 568.98 Mn | 20.10 Mn | 2.67 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 9.30 Mn |
| Feb 28, 2026 | 3.50 Mn |
| Nov 30, 2025 | 4.20 Mn |
| Aug 31, 2025 | 13.40 Mn |
| May 31, 2025 | 19.30 Mn |
| Feb 28, 2025 | 5.00 Mn |
| Nov 30, 2024 | 3.60 Mn |
| Aug 31, 2024 | 4.00 Mn |
| May 31, 2024 | 17.60 Mn |
| Feb 29, 2024 | 14.00 Mn |
| Nov 30, 2023 | -2.50 Mn |
| Aug 31, 2023 | 17.00 Mn |
| May 31, 2023 | 33.10 Mn |
| Feb 28, 2023 | 800,000.00 |
| Nov 30, 2022 | -5.50 Mn |