National Steel (SID) Consolidated Net Income (2009 - 2026)
National Steel (SID) posted Consolidated Net Income of -$321.0 million for Q1 2026, up 62.1% sequentially from -$846.9 million in Q4 2025, and down 41.86% YoY from -$552.1 million in Q1 2025.
National Steel (SID) Consolidated Net Income (2009 - 2026) Analysis & Trends
National Steel has reported Consolidated Net Income for 18 years, with the latest figure at -$321.0 million in Q1 2026.
- Quarterly Consolidated Net Income fell 41.86% year-over-year to -$321.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$2.1 billion (up 0.68% YoY) and the FY2025 annual result came in at -$279.5 million, down 5.59% from the prior year.
- Consolidated Net Income rose to -$321.0 million in Q1 2026 per SID's latest filing, from -$846.9 million in the prior quarter.
- Over five years, Consolidated Net Income peaked at $997.9 million in Q2 2022 and troughed at -$846.9 million in Q4 2025.
- A 5-year average of -$214.5 million and a median of -$387.9 million in 2023 frame the typical range for Consolidated Net Income.
- The sharpest annual moves came in 2022 and 2023: Consolidated Net Income surged 105.89% in 2022, then plunged 630.69% in 2023.
- Over 5 years, Consolidated Net Income stood at $373.6 million in 2022, then sank by 204.0% to -$388.5 million in 2023, then plunged by 100.72% to -$779.9 million in 2024, then declined by 8.59% to -$846.9 million in 2025, then surged by 62.1% to -$321.0 million in 2026.
- According to Business Quant data, Consolidated Net Income over the past three periods registered -$321.0 million, -$846.9 million, and -$526.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 106.22 Bn | 96.33 Bn | 941.02 Mn | 510.31 Mn |
| 2 | Nucor | 55.03 Bn | 52.34 Bn | 2.03 Bn | 1.28 Bn |
| 3 | ArcelorMittal | 54.04 Bn | 49.19 Bn | - | 1.04 Bn |
| 4 | Steel Dynamics | 31.61 Bn | 31.03 Bn | 958.97 Mn | 530.79 Mn |
| 5 | Reliance | 19.53 Bn | 19.29 Bn | 1.30 Bn | 323.60 Mn |
| 6 | Cleveland-Cliffs | 6.15 Bn | 6.08 Bn | 132.00 Mn | -134.00 Mn |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | 510.51 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.56 Bn | 3.00 Bn | - | - |
| 9 | Posco Holdings | 4.34 Bn | 1.84 Bn | 1.04 Bn | 310.09 Mn |
| 10 | National Steel | 47.57 Mn | -2.81 Bn | 479.33 Mn | -283.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -321.00 Mn |
| Dec 31, 2025 | -846.88 Mn |
| Sep 30, 2025 | -526.57 Mn |
| Jun 30, 2025 | -389.57 Mn |
| Mar 31, 2025 | -226.28 Mn |
| Dec 31, 2024 | -779.90 Mn |
| Sep 30, 2024 | -666.49 Mn |
| Jun 30, 2024 | -425.58 Mn |
| Mar 31, 2024 | -218.64 Mn |
| Dec 31, 2023 | -388.54 Mn |
| Sep 30, 2023 | -534.06 Mn |
| Jun 30, 2023 | -387.87 Mn |
| Mar 31, 2023 | -76.20 Mn |
| Dec 31, 2022 | 373.59 Mn |
| Sep 30, 2022 | 100.63 Mn |
| Jun 30, 2022 | 997.89 Mn |
| Mar 31, 2022 | 668.98 Mn |
| Dec 31, 2021 | -6.35 Bn |
| Sep 30, 2021 | 3.92 Bn |
| Mar 31, 2021 | 1.51 Bn |