Income Tax Expense (Benefit) in USD of Worthington Steel, Inc. from 2021 to Q3 2025

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Worthington Steel, Inc. quarterly/annual Income Tax Expense (Benefit) history and change rate from 2021 to Q3 2025.
  • Worthington Steel, Inc. Income Tax Expense (Benefit) for the quarter ending August 31, 2025 was $13.4M, a 235% increase year-over-year.
  • Worthington Steel, Inc. Income Tax Expense (Benefit) for the twelve months ending August 31, 2025 was $38.2M, a 15.4% increase year-over-year.
  • Worthington Steel, Inc. annual Income Tax Expense (Benefit) for 2024 was $28.8M, a 37.5% decline from 2023.
  • Worthington Steel, Inc. annual Income Tax Expense (Benefit) for 2023 was $46.1M, a 59% increase from 2022.
  • Worthington Steel, Inc. annual Income Tax Expense (Benefit) for 2022 was $29M, a 46.3% decline from 2021.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Quarterly (USD)
Income Tax Expense (Benefit), YoY Quarterly Change (%)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Change (%)

Worthington Steel, Inc. Quarterly Income Tax Expense (Benefit) (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q3 2025 $38.2M $13.4M +$9.4M +235% Jun 1, 2025 Aug 31, 2025 10-Q 2025-10-10
Q2 2025 $28.8M $16.2M -$1.4M -7.96% Mar 1, 2025 May 31, 2025 10-K 2025-07-29
Q1 2025 $30.2M $5M -$9M -64.3% Dec 1, 2024 Feb 28, 2025 10-Q 2025-04-11
Q4 2024 $39.2M $3.6M +$6.1M Sep 1, 2024 Nov 30, 2024 10-Q 2025-01-13
Q3 2024 $33.1M $4M -$13M -76.5% Jun 1, 2024 Aug 31, 2024 10-Q 2025-10-10
Q2 2024 $46.1M $17.6M Mar 1, 2024 May 31, 2024 10-K 2025-07-29
Q1 2024 $14M +$13.2M +1650% Dec 1, 2023 Feb 29, 2024 10-Q 2025-04-11
Q4 2023 -$2.5M +$3M +54.5% Sep 1, 2023 Nov 30, 2023 10-Q 2025-01-13
Q3 2023 $17M Jun 1, 2023 Aug 31, 2023 10-Q 2024-10-15
Q1 2023 $800K Dec 1, 2022 Feb 28, 2023 10-Q 2024-04-12
Q4 2022 -$5.5M Sep 1, 2022 Nov 30, 2022 10-Q 2024-01-16

Worthington Steel, Inc. Annual Income Tax Expense (Benefit) (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $28.8M -$17.3M -37.5% Jun 1, 2024 May 31, 2025 10-K 2025-07-29
2023 $46.1M +$17.1M +59% Jun 1, 2023 May 31, 2024 10-K 2025-07-29
2022 $29M -$25M -46.3% Jun 1, 2022 May 31, 2023 10-K 2025-07-29
2021 $54M Jun 1, 2021 May 31, 2022 10-K 2024-08-02
* An asterisk sign (*) next to the value indicates that the value is likely invalid.