National Steel (SID) Change in Receivables (2012 - 2026)
National Steel's (SID) quarterly Change in Receivables came in at -$85.0 million in Q1 2026, down 190.96% year-on-year from $93.4 million in Q1 2025, and down 148.45% quarter-over-quarter from $175.4 million in Q4 2025.
National Steel (SID) Change in Receivables (2012 - 2026) Analysis & Trends
National Steel has disclosed Change in Receivables across 15 years of filings, most recently posting -$85.0 million for Q1 2026.
- Change in Receivables for Q1 2026 came in at -$85.0 million, down 190.96% year-over-year; the trailing twelve-month figure through Mar 2026 was $310.6 million (up 2.15% YoY), and the FY2025 annual result was $29.3 million, up 145.17% from the prior year.
- Change in Receivables came in at -$85.0 million for Q1 2026 at National Steel, down from $175.4 million in the prior quarter.
- In the past five years, Change in Receivables ranged from a high of $1.5 billion in Q2 2024 to a low of -$136.1 million in Q4 2023.
- The 5-year median for Change in Receivables is $69.6 million (2023), against an average of $136.8 million.
- Across the five-year window, Change in Receivables jumped 73791.58% in 2022 and sank 1646.84% in 2023, its largest moves.
- National Steel's Change in Receivables stood at -$7.8 million in 2022, then tumbled by 1646.84% to -$136.1 million in 2023, then soared by 90.67% to -$12.7 million in 2024, then surged by 1481.22% to $175.4 million in 2025, then sank by 148.45% to -$85.0 million in 2026.
- The last three Change in Receivables figures came in at -$85.0 million (Q1 2026), $175.4 million (Q4 2025), and $93.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | - |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 463.00 Mn |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | -1.29 Bn |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 373.77 Mn |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 416.20 Mn |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | 441.00 Mn |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | - |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | -84.99 Mn |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 10.20 Mn |
| 10 | NWPX Infrastructure | 1.13 Bn | 1.11 Bn | 26.67 Mn | 17.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -84.99 Mn |
| Mar 31, 2026 | -84.99 Mn |
| Dec 31, 2025 | 175.42 Mn |
| Dec 31, 2025 | 175.42 Mn |
| Sep 30, 2025 | 93.71 Mn |
| Sep 30, 2025 | 93.71 Mn |
| Jun 30, 2025 | 126.41 Mn |
| Jun 30, 2025 | 126.41 Mn |
| Mar 31, 2025 | 93.43 Mn |
| Mar 31, 2025 | 93.43 Mn |
| Dec 31, 2024 | -12.70 Mn |
| Dec 31, 2024 | -12.70 Mn |
| Sep 30, 2024 | 105.79 Mn |
| Sep 30, 2024 | 105.79 Mn |
| Jun 30, 2024 | 1.54 Bn |
| Jun 30, 2024 | 1.54 Bn |
| Mar 31, 2024 | 117.51 Mn |
| Mar 31, 2024 | 117.51 Mn |
| Dec 31, 2023 | -136.14 Mn |
| Dec 31, 2023 | -136.14 Mn |