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
DateValue
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