Worthington Steel (WS) Tax Rate (2023 - 2026)
Worthington Steel's Tax Rate was 1.73% in fiscal Q4 2026 (quarter ended May 31, 2026), down 19.84 percentage points from 21.57% a year earlier and down 22.74 percentage points from the prior quarter.
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Analysis
Worthington Steel (WS) Tax Rate (2023 - 2026) Analysis & Trends
For FY2026 (ended May 31, 2026), Tax Rate at Worthington Steel came in at 70.18%, up 50.73 percentage points from FY2025.
- Tax Rate shows a four-year change of +48.94 percentage points (FY2022 to FY2026).
- In earlier fiscal years, Tax Rate was 19.45% in FY2025 (-1.88 pp), 21.32% in FY2024 (-1.21 pp), 22.53% in FY2023 (+1.30 pp) and 21.23% in FY2022.
- The fiscal Q4 2026 figure marks the lowest quarterly Tax Rate in data going back to fiscal Q2 2023.
- Compared with a year earlier, Tax Rate has declined for three straight quarters, with an average year-over-year change of -6.50 percentage points over the last eight quarters.
- The best year-over-year quarter for Tax Rate over five years was fiscal Q2 2024 (a gain of 23.79 percentage points); the worst was fiscal Q2 2025 (a drop of 36.07 percentage points).
- Per Business Quant data, WS's Tax Rate in the three fiscal quarters before Q4 2026 was 24.48% (Q3 2026), 16.34% (Q2 2026) and 25.77% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 334.06 Bn | 305.75 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 195.22 Bn | 189.80 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 170.77 Bn | 138.86 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 148.39 Bn | 145.58 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 119.49 Bn | 117.61 Bn | 2.25 Bn | 18.51% |
| 6 | Emerson Electric | 89.58 Bn | 82.32 Bn | 2.66 Bn | 21.62% |
| 7 | 3M | 88.93 Bn | 70.33 Bn | 2.68 Bn | 16.34% |
| 8 | Illinois Tool Works | 78.81 Bn | 75.37 Bn | 1.90 Bn | 24.54% |
| 9 | Vertiv Holdings | 78.25 Bn | 68.87 Bn | 1.23 Bn | 19.71% |
| 10 | Worthington Steel | 2.06 Bn | 1.72 Bn | 118.80 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Feb 28, 2026 | 24.48% |
| Nov 30, 2025 | 16.34% |
| Aug 31, 2025 | 25.77% |
| May 31, 2025 | 21.57% |
| 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% |
| Aug 31, 2023 | 21.49% |
| May 31, 2023 | 24.63% |
| Feb 28, 2023 | 7.92% |
API Access
Worthington Steel Tax Rate 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-rate&ticker=WS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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-rate&ticker=WS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();