Worthington Steel WS
NYSE WS
$33.79 -0.72 (-2.09%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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