WS (Worthington Steel) Tax Provision: $-23 Mil (TTM As of May. 2026)


WS Worthington Steel Inc WS
32 GF Score
Price $33.58
! 10 Warning Signs
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What is Worthington Steel Tax Provision?

Worthington Steel WS -4.49% 32 Tax Provision is $-23 Mil as of May. 2026. GuruFocus rates WS with a GF Score™ of 32/100. The stock has 10 warning signs investors should review.

Worthington Steel's tax provision for the three months ended in May. 2026 was $-2 Mil. Its tax provision for the trailing twelve months (TTM) ended in May. 2026 was $-23 Mil.


Worthington Steel Tax Provision Historical Data

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The historical data trend for Worthington Steel's Tax Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Worthington Steel Tax Provision Chart

Worthington Steel Annual Data
Trend May21 May22 May23 May24 May25 May26
Tax Provision
Get a 7-Day Free Trial -54.00 -29.00 -46.10 -28.80 -22.60

Worthington Steel Quarterly Data
May21 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Tax Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -16.20 -13.40 -4.20 -3.50 -1.50
WS
32GF Score
Worthington Steel Inc WS
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
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Worthington Steel Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-23 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of $-23 Mil mean?
Worthington Steel (WS) has a Tax Provision of $-23 Mil as of May. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Worthington Steel and its competitors.
Is Worthington Steel's Tax Provision too high?
Worthington Steel's current Tax Provision is $-23 Mil. Overall, Worthington Steel has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Worthington Steel's Tax Provision compare to NWPX and MTUS?
Worthington Steel's Tax Provision of $-23 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for a Steel company?
A good Tax Provision depends on the Steel industry context. However, Tax Provision should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Worthington Steel and its competitors. Worthington Steel's current Tax Provision is $-23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Worthington Steel stock overvalued right now?
Worthington Steel (WS) has a current Tax Provision of $-23 Mil. The current Tax Provision is $-23 Mil. Worthington Steel's overall GF Score™ is 32/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Worthington Steel (WS), the current Tax Provision is $-23 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Worthington Steel Business Description

Other Exchanges Z2J:Germany
Address 100 Old Wilson Bridge Road, Columbus, OH, USA, 43085
Worthington Steel Inc is a processor of carbon flat-rolled steel, a producer of laser-welded solutions, and a provider of electrical steel laminations. The company has manufacturing facilities across the United States, Canada, China, India, Germany and Mexico. It buys coils of steel from primary steel producers and processes them to precise type, thickness, length, width, shape, and surface quality required by customer specifications. The company's product lines and processing capabilities include; carbon flat-rolled steel processing, electrical steel laminations, and tailor welded products. Geographically, the company generates a majority of its revenue from the United States followed by Canada, Mexico, and other regions.
32GF Score

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Tax Provision is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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