National Steel (SID) Depreciation and Depletion (2013 - 2023)
National Steel's (SID) quarterly Depreciation and Depletion came in at $177.6 million in Q4 2023, up 13.22% year-on-year from $156.8 million in Q4 2022, and up 2.9% quarter-over-quarter from $172.5 million in Q3 2023.
National Steel (SID) Depreciation and Depletion (2013 - 2023) Analysis & Trends
National Steel has disclosed Depreciation and Depletion across 10 years of filings, most recently posting $177.6 million for Q4 2023.
- Depreciation and Depletion for Q4 2023 came in at $177.6 million, up 13.22% year-over-year; the trailing twelve-month figure through Dec 2023 was $668.1 million (up 7.76% YoY), and the FY2023 annual result was $177.6 million, up 13.22% from the prior year.
- Depreciation and Depletion came in at $177.6 million for Q4 2023 at National Steel, up from $172.5 million in the prior quarter.
- In the past five years, Depreciation and Depletion ranged from a high of $200.4 million in Q4 2021 to a low of $103.3 million in Q1 2020.
- The 4-year median for Depreciation and Depletion is $158.9 million (2023), against an average of $154.6 million.
- Across the five-year window, Depreciation and Depletion dropped 21.76% in 2022 and soared 31.2% in 2023, its largest moves.
- National Steel's Depreciation and Depletion stood at $103.3 million in 2020, then surged by 93.97% to $200.4 million in 2021, then fell by 21.76% to $156.8 million in 2022, then increased by 13.22% to $177.6 million in 2023.
- The last three Depreciation and Depletion figures came in at $177.6 million (Q4 2023), $172.5 million (Q3 2023), and $159.1 million (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | - |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 321.00 Mn |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | -749.00 Mn |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | - |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | - |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | 239.00 Mn |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | - |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | - |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | - |
| 10 | NWPX Infrastructure | 1.13 Bn | 1.11 Bn | 26.67 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 177.56 Mn |
| Dec 31, 2023 | 177.56 Mn |
| Sep 30, 2023 | 172.55 Mn |
| Sep 30, 2023 | 172.55 Mn |
| Jun 30, 2023 | 159.12 Mn |
| Jun 30, 2023 | 159.12 Mn |
| Mar 31, 2023 | 158.88 Mn |
| Mar 31, 2023 | 158.88 Mn |
| Dec 31, 2022 | 156.82 Mn |
| Dec 31, 2022 | 156.82 Mn |
| Sep 30, 2022 | 131.51 Mn |
| Sep 30, 2022 | 131.51 Mn |
| Jun 30, 2022 | 131.23 Mn |
| Jun 30, 2022 | 131.23 Mn |
| Dec 31, 2021 | 200.44 Mn |
| Dec 31, 2021 | 200.44 Mn |
| Mar 31, 2020 | 103.33 Mn |
| Mar 31, 2020 | 103.33 Mn |
| Sep 30, 2018 | 69.56 Mn |
| Sep 30, 2018 | 69.56 Mn |