Worthington Steel, Inc. Annual Income Tax Expense (Benefit) in USD from 2021 to 2023

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 growth rate from 2021 to 2023.
  • Worthington Steel, Inc. Income Tax Expense (Benefit) for the quarter ending August 31, 2024 was $4M, a 76.5% decline year-over-year.
  • Worthington Steel, Inc. Income Tax Expense (Benefit) for the twelve months ending August 31, 2024 was $33.1M.
  • 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), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $46.1M +$17.1M +59% Jun 1, 2023 May 31, 2024 10-K 2024-08-02
2022 $29M -$25M -46.3% Jun 1, 2022 May 31, 2023 10-K 2024-08-02
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.