Worthington Steel (WS) Tax Rate (2023 - 2026)
Worthington Steel's Tax Rate was 100.83% in fiscal Q1 2027 (quarter ended Aug 31, 2026), up 75.06 percentage points from 25.77% a year earlier.
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 Q1 2027 figure marks the highest quarterly Tax Rate in data going back to fiscal Q3 2023.
- Compared with a year earlier, Tax Rate was higher in three of the last six quarters, with an average year-over-year change of +14.91 percentage points.
- The best year-over-year quarter for Tax Rate over five years was fiscal Q1 2027 (a gain of 75.06 percentage points); the worst was fiscal Q1 2025 (a drop of 10.44 percentage points).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 316.15 Bn | 287.84 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 181.56 Bn | 176.14 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 173.99 Bn | 142.08 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 142.35 Bn | 139.53 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 111.11 Bn | 109.23 Bn | 2.25 Bn | 18.51% |
| 6 | Emerson Electric | 90.49 Bn | 83.23 Bn | 2.66 Bn | 21.62% |
| 7 | 3M | 90.21 Bn | 71.66 Bn | 2.78 Bn | 15.63% |
| 8 | Illinois Tool Works | 79.13 Bn | 75.69 Bn | 1.90 Bn | 24.54% |
| 9 | Vertiv Holdings | 75.00 Bn | 65.62 Bn | 1.23 Bn | 19.71% |
| 10 | Worthington Steel | 2.03 Bn | 1.51 Bn | 261.20 Mn | 100.83% |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 100.83% |
| 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% |
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_KEY
import 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();