National Steel (SID) Deferred Taxes (2009 - 2026)
National Steel (SID) posted Deferred Taxes of -$18.1 million for Q1 2026, down 37.97% sequentially from -$13.1 million in Q1 2025, and down 37.97% YoY from -$29.2 million in Q1 2025.
National Steel (SID) Deferred Taxes (2009 - 2026) Analysis & Trends
National Steel has reported Deferred Taxes for 18 years, with the latest figure at -$18.1 million in Q1 2026.
- Quarterly Deferred Taxes fell 37.97% year-over-year to -$18.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$333.6 million (down 72.78% YoY) and the FY2025 annual result came in at -$203.0 million, up 9.68% from the prior year.
- Deferred Taxes eased to -$18.1 million in Q1 2026 per SID's latest filing, from -$13.1 million in the prior quarter.
- Over five years, Deferred Taxes peaked at $122.4 million in Q4 2023 and troughed at -$183.4 million in Q3 2024.
- A 5-year average of -$28.2 million and a median of -$18.1 million in 2026 frame the typical range for Deferred Taxes.
- The sharpest annual moves came in 2022 and 2023: Deferred Taxes tumbled 352.95% in 2022, then jumped 331.36% in 2023.
- Over 5 years, Deferred Taxes stood at -$52.9 million in 2022, then surged by 331.36% to $122.4 million in 2023, then sank by 249.77% to -$183.4 million in 2024, then jumped by 92.84% to -$13.1 million in 2025, then tumbled by 37.97% to -$18.1 million in 2026.
- According to Business Quant data, Deferred Taxes over the past three periods registered -$18.1 million, -$13.1 million, and -$183.4 million for Q1 2026, Q1 2025, and Q3 2024 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 106.22 Bn | 96.33 Bn | 941.02 Mn | - |
| 2 | Nucor | 55.03 Bn | 52.34 Bn | 2.03 Bn | -27.00 Mn |
| 3 | ArcelorMittal | 54.04 Bn | 49.19 Bn | - | 142.00 Mn |
| 4 | Steel Dynamics | 31.61 Bn | 31.03 Bn | 958.97 Mn | 29.98 Mn |
| 5 | Reliance | 19.53 Bn | 19.29 Bn | 1.30 Bn | - |
| 6 | Cleveland-Cliffs | 6.15 Bn | 6.08 Bn | 132.00 Mn | -17.00 Mn |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 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 | 5.17 Mn |
| 10 | National Steel | 47.57 Mn | -2.81 Bn | 479.33 Mn | -18.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -18.11 Mn |
| Mar 31, 2025 | -13.13 Mn |
| Sep 30, 2024 | -183.35 Mn |
| Jun 30, 2024 | -119.03 Mn |
| Dec 31, 2023 | 122.42 Mn |
| Sep 30, 2023 | -124.93 Mn |
| Jun 30, 2023 | -75.33 Mn |
| Mar 31, 2023 | -5.18 Mn |
| Dec 31, 2022 | -52.91 Mn |
| Jun 30, 2022 | 78.93 Mn |
| Mar 31, 2022 | 80.43 Mn |
| Dec 31, 2021 | -11.68 Mn |
| Mar 31, 2020 | -68,934.68 |
| Mar 31, 2019 | 12.03 Mn |
| Jun 30, 2018 | -231.21 Mn |
| Mar 31, 2018 | 141.70 Mn |
| Dec 31, 2017 | -25.29 Mn |
| Sep 30, 2017 | 11.80 Mn |
| Jun 30, 2017 | 22.48 Mn |
| Mar 31, 2017 | -941,082.98 |