Worthington Steel (WS) Tax Rate (2022 - 2026)

Worthington Steel's (WS) quarterly Tax Rate came in at 24.48% in Q1 2026, down 476.0% year-on-year from 6.51% in Q1 2025, and up 49.77% quarter-over-quarter from 16.34% in Q4 2025.

Worthington Steel (WS) Tax Rate (2022 - 2026) Analysis & Trends

Worthington Steel has disclosed Tax Rate across 5 years of filings, most recently posting 24.48% for Q1 2026.

  • Tax Rate for Q1 2026 came in at 24.48%, down 476.0% year-over-year; the trailing twelve-month figure through Feb 2026 was 23.53% (down 716.0% YoY), and the FY2025 annual result was 20.65%, down 708.0% from the prior year.
  • Tax Rate came in at 24.48% for Q1 2026 at Worthington Steel, up from 16.34% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 69.29% in Q2 2024 to a low of 303.9% in Q2 2023.
  • The 5-year median for Tax Rate is 22.93% (2023), against an average of 3.59%.
  • Across the five-year window, Tax Rate soared 37319 bps in 2024 and sank 4493 bps in 2025, its largest moves.
  • Worthington Steel's Tax Rate stood at 30.56% in 2022, then surged by 78 bps to 54.35% in 2023, then plunged by 66 bps to 18.27% in 2024, then decreased by 11 bps to 16.34% in 2025, then surged by 50 bps to 24.48% in 2026.
  • The last three Tax Rate figures came in at 24.48% (Q1 2026), 16.34% (Q4 2025), and 25.77% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn -
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn 20.62%
3 ArcelorMittal 51.15 Bn 48.81 Bn - -18.06%
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn 22.04%
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn 24.01%
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn 26.38%
7 Algoma Steel 2.77 Bn 2.77 Bn -92.32 -
8 National Steel 2.24 Bn -552.84 Mn 479.33 Mn -
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn 24.48%
10 NWPX Infrastructure 1.13 Bn 1.11 Bn 26.67 Mn 15.98%

Historic Data

Download Data
DateValue
Feb 28, 2026 24.48%
Feb 28, 2026 24.48%
Nov 30, 2025 16.34%
Nov 30, 2025 16.34%
Aug 31, 2025 25.77%
Aug 31, 2025 25.77%
May 31, 2025 24.36%
May 31, 2025 24.36%
Feb 28, 2025 29.24%
Feb 28, 2025 29.24%
Nov 30, 2024 18.27%
Nov 30, 2024 18.27%
Aug 31, 2024 11.05%
Aug 31, 2024 11.05%
May 31, 2024 69.29%
May 31, 2024 69.29%
Feb 29, 2024 21.08%
Feb 29, 2024 21.08%
Nov 30, 2023 54.35%
Nov 30, 2023 54.35%