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
DateValue
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%