National Steel (SID) Debt to Equity (2009 - 2025)
National Steel's (SID) quarterly Debt to Equity came in at $3.36 in Q4 2025, down 8.65% year-on-year from $3.68 in Q4 2024, and down 8.65% quarter-over-quarter from $3.68 in Q4 2024.
National Steel (SID) Debt to Equity (2009 - 2025) Analysis & Trends
National Steel has disclosed Debt to Equity across 11 years of filings, most recently posting $3.36 for Q4 2025.
- Debt to Equity for Q4 2025 came in at $3.36, down 8.65% year-over-year; the trailing twelve-month figure through Dec 2025 was $3.36 (down 8.65% YoY), and the FY2025 annual result was $3.36, down 8.65% from the prior year.
- Debt to Equity came in at $3.36 for Q4 2025 at National Steel, down from $3.68 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $4.71 in Q1 2023 to a low of $1.39 in Q4 2021.
- The 5-year median for Debt to Equity is $2.82 (2023), against an average of $2.88.
- Across the five-year window, Debt to Equity slumped 55.63% in 2021 and jumped 61.56% in 2024, its largest moves.
- National Steel's Debt to Equity stood at $1.39 in 2021, then surged by 34.87% to $1.88 in 2022, then rose by 21.5% to $2.28 in 2023, then surged by 61.56% to $3.68 in 2024, then slipped by 8.65% to $3.36 in 2025.
- The last three Debt to Equity figures came in at $3.36 (Q4 2025), $3.68 (Q4 2024), and $2.28 (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | - |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 0.33 |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | - |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 0.46 |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 0.24 |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | 1.33 |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | - |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | - |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 0.20 |
| 10 | NWPX Infrastructure | 1.13 Bn | 1.11 Bn | 26.67 Mn | 0.01 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 3.36 |
| Dec 31, 2024 | 3.68 |
| Dec 31, 2023 | 2.28 |
| Mar 31, 2023 | 4.71 |
| Dec 31, 2022 | 1.88 |
| Dec 31, 2021 | 1.39 |
| Dec 31, 2020 | 3.13 |
| Dec 31, 2019 | 2.46 |
| Dec 31, 2018 | 2.31 |
| Dec 31, 2017 | 3.56 |
| Dec 31, 2012 | 3,014.50 |
| Dec 31, 2009 | 1.72 |