Worthington Steel (WS) Tax Provisions (2022 - 2026)
Worthington Steel (WS) posted Tax Provisions of $12.1 million for fiscal Q1 2027 (quarter ended Aug 31, 2026), down 9.7% from $13.4 million a year earlier.
Worthington Steel (WS) Tax Provisions (2022 - 2026) Analysis & Trends
For the trailing twelve months through Aug 31, 2026, Tax Provisions at Worthington Steel was $18.7 million, down 51.0% year-over-year; for FY2026 (ended May 31, 2026), it came in at $20 million, down 30.6% from FY2025.
- Annual Tax Provisions shows a four-year compound annual growth rate of -22.0% (FY2022 to FY2026).
- In prior fiscal years, Worthington Steel's Tax Provisions was $28.8 million in FY2025 (-37.5%), $46.1 million in FY2024 (+59.0%), $29 million in FY2023 (-46.3%) and $54 million in FY2022.
- Quarterly Tax Provisions has run from a low of -$5.5 million in fiscal Q2 2023 to a high of $23.4 million in fiscal Q4 2023 over five years.
- On a year-over-year basis, Tax Provisions increased in two of the last six quarters, with growth averaging 23.3%.
- The strongest year-over-year quarter for Tax Provisions in the past five years was fiscal Q1 2026, with growth of 235.0%; the weakest was fiscal Q1 2025, with a decline of 76.5%.
- According to Business Quant data, Tax Provisions for the three prior fiscal quarters was -$1.1 million (Q4 2026), $3.5 million (Q3 2026) and $4.2 million (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 968.00 Mn |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 774.50 Mn |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 529.00 Mn |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 291.00 Mn |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 253.00 Mn |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 261.00 Mn |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | 254.00 Mn |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 276.00 Mn |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 230.30 Mn |
| 10 | Worthington Steel | 1.97 Bn | 1.84 Bn | 261.20 Mn | 12.10 Mn |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 12.10 Mn |
| May 31, 2026 | -1.10 Mn |
| Feb 28, 2026 | 3.50 Mn |
| Nov 30, 2025 | 4.20 Mn |
| Aug 31, 2025 | 13.40 Mn |
| May 31, 2025 | 16.20 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 | 23.40 Mn |
| Feb 28, 2023 | 800,000.00 |
| Nov 30, 2022 | -5.50 Mn |
Worthington Steel Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=WS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "WS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=WS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();