Worthington Steel (WS) Tax Rate (2022 - 2026)
Worthington Steel's (WS) quarterly Tax Rate came in at 20.81% in Q2 2026, down 4650.0% year-over-year from 0.46% in Q2 2025, and down 185.0% quarter-over-quarter from 24.48% in Q1 2026.
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Worthington Steel (WS) Tax Rate (2022 - 2026) Analysis & Trends
Worthington Steel has disclosed Tax Rate across 5 years of filings, most recently posting 20.81% for Q2 2026.
- In Q2 2026, Tax Rate fell 4650.0% year-over-year to 20.81%; the TTM figure through May 2026 stood at 64.27% (up 4273.0% YoY), while the FY2026 annual figure was 64.27%, up 4273.0% from the prior year.
- Tax Rate came in at 20.81% for Q2 2026 at Worthington Steel, down from 24.48% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 54.35% in Q4 2023 to a low of 20.81% in Q2 2026.
- Average Tax Rate over 5 years is 21.58%, with a median of 23.37% recorded in 2024.
- Year-over-year, Tax Rate jumped 2379 bps in 2023 and plunged 4650 bps in 2026.
- Over 5 years, Tax Rate stood at 30.56% in 2022, then surged by 78 bps to 54.35% in 2023, then slumped by 66 bps to 18.27% in 2024, then decreased by 11 bps to 16.34% in 2025, then tumbled by 227 bps to 20.81% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 20.81% in Q2 2026, 24.48% in Q1 2026, and 16.34% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Tenaris | 29.94 Bn | 20.91 Bn | 984.66 Mn | -14.27% |
| 2 | Mueller Industries | 13.06 Bn | 11.65 Bn | 395.35 Mn | 25.40% |
| 3 | Arcosa | 7.13 Bn | 6.70 Bn | 155.70 Mn | 18.30% |
| 4 | Azz | 4.08 Bn | 4.07 Bn | 112.17 Mn | 21.22% |
| 5 | Constellium Se | 3.53 Bn | 3.36 Bn | 480.00 Mn | 30.84% |
| 6 | Lci Industries | 2.26 Bn | 2.05 Bn | 301.14 Mn | 25.56% |
| 7 | Worthington Steel | 1.68 Bn | 1.60 Bn | 118.80 Mn | -20.81% |
| 8 | Leggett & Platt | 1.26 Bn | 711.32 Mn | 203.20 Mn | 26.59% |
| 9 | Park Ohio Holdings | 636.20 Mn | 587.90 Mn | 78.90 Mn | 16.67% |
| 10 | Insteel Industries | 591.92 Mn | 568.98 Mn | 20.10 Mn | 22.82% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | -20.81% |
| Feb 28, 2026 | 24.48% |
| Nov 30, 2025 | 16.34% |
| Aug 31, 2025 | 25.77% |
| May 31, 2025 | 25.70% |
| Feb 28, 2025 | 29.24% |
| Nov 30, 2024 | 18.27% |
| Aug 31, 2024 | 11.05% |
| May 31, 2024 | 23.37% |
| Feb 29, 2024 | 21.08% |
| Nov 30, 2023 | 54.35% |
| Aug 31, 2023 | 21.49% |
| May 31, 2023 | 34.84% |
| Feb 28, 2023 | 7.92% |
| Nov 30, 2022 | 30.56% |