National Steel (SID) FCF Margin (2013 - 2026)
National Steel's (SID) quarterly FCF Margin came in at 7.32% in Q1 2026, up 325.0% year-on-year from 1.72% in Q1 2025, and up 43.61% quarter-over-quarter from 12.99% in Q4 2025.
National Steel (SID) FCF Margin (2013 - 2026) Analysis & Trends
National Steel has disclosed FCF Margin across 13 years of filings, most recently posting 7.32% for Q1 2026.
- FCF Margin for Q1 2026 came in at 7.32%, up 325.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 11.17% (down 3092.0% YoY), and the FY2025 annual result was 15.42%, down 2265.0% from the prior year.
- FCF Margin came in at 7.32% for Q1 2026 at National Steel, up from 12.99% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 53.2% in Q4 2022 to a low of 13.4% in Q1 2023.
- The 5-year median for FCF Margin is 13.02% (2023), against an average of 9.95%.
- Across the five-year window, FCF Margin surged 1334 bps in 2024 and sank 5740 bps in 2025, its largest moves.
- National Steel's FCF Margin stood at 53.2% in 2022, then slumped by 76 bps to 13.02% in 2023, then soared by 102 bps to 26.36% in 2024, then plunged by 149 bps to 12.99% in 2025, then surged by 44 bps to 7.32% in 2026.
- The last three FCF Margin figures came in at 7.32% (Q1 2026), 12.99% (Q4 2025), and 11.29% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | 15.84% |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 2.37% |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | -0.06% |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 0.20% |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 2.17% |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | -9.69% |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | -6.87% |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | -7.32% |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 4.33% |
| 10 | NWPX Infrastructure | 1.13 Bn | 1.11 Bn | 26.67 Mn | 20.23% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -7.32% |
| Dec 31, 2025 | -12.99% |
| Sep 30, 2025 | -11.29% |
| Jun 30, 2025 | -13.08% |
| Mar 31, 2025 | -10.58% |
| Dec 31, 2024 | 26.36% |
| Sep 30, 2024 | 46.11% |
| Jun 30, 2024 | 15.05% |
| Mar 31, 2024 | -12.97% |
| Dec 31, 2023 | 13.02% |
| Sep 30, 2023 | 40.39% |
| Jun 30, 2023 | 17.85% |
| Mar 31, 2023 | -13.40% |
| Dec 31, 2022 | 53.20% |
| Jun 30, 2022 | 18.92% |
| Dec 31, 2021 | 85.43% |
| Mar 31, 2020 | 1.28% |
| Mar 31, 2019 | -13.15% |
| Dec 31, 2018 | 8.38% |
| Sep 30, 2018 | 5.27% |