National Steel (SID) Gross Margin (2009 - 2026)
National Steel's (SID) quarterly Gross Margin came in at 11.75% in Q2 2026, down 949.0% year-over-year from 1.38% in Q2 2025, and down 50.62% quarter-over-quarter from 23.79% in Q1 2026.
Analysis
National Steel (SID) Gross Margin (2009 - 2026) Analysis & Trends
National Steel has disclosed Gross Margin across 18 years of filings, most recently posting 11.75% for Q2 2026.
- In Q2 2026, Gross Margin fell 949.0% year-over-year to 11.75%; the TTM figure through Jun 2026 stood at 19.61% (down 305.0% YoY), while the FY2025 annual figure was 27.67%, up 90.0% from the prior year.
- Gross Margin came in at 11.75% for Q2 2026 at National Steel, down from 23.79% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 92.01% in Q3 2022 to a low of 1.32% in Q3 2023.
- Average Gross Margin over 5 years is 29.83%, with a median of 23.79% recorded in 2026.
- Year-over-year, Gross Margin tumbled 9332 bps in 2023 and surged 2325 bps in 2024.
- Over 5 years, Gross Margin stood at 29.49% in 2022, then increased by 4 bps to 30.56% in 2023, then slipped by 28 bps to 21.93% in 2024, then increased by 4 bps to 22.92% in 2025, then plunged by 49 bps to 11.75% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 11.75% in Q2 2026, 23.79% in Q1 2026, and 22.92% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 112.84 Bn | 102.94 Bn | 941.02 Mn | 21.68% |
| 2 | Nucor | 58.24 Bn | 55.55 Bn | 2.03 Bn | 19.56% |
| 3 | Steel Dynamics | 34.14 Bn | 33.55 Bn | 958.97 Mn | 15.74% |
| 4 | Gerdau | 10.23 Bn | 9.16 Bn | 558.98 Mn | 15.83% |
| 5 | Commercial Metals | 7.39 Bn | 6.83 Bn | 455.14 Mn | 18.33% |
| 6 | Cleveland-Cliffs | 6.75 Bn | 6.68 Bn | 132.00 Mn | 2.53% |
| 7 | Posco Holdings | 4.67 Bn | -5.01 Bn | 1.11 Bn | 8.62% |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.41 Bn | 2.86 Bn | - | - |
| 9 | National Steel | 1.82 Bn | -1.00 Bn | 579.08 Mn | 11.75% |
| 10 | SunCoke Energy | 866.00 Mn | 823.30 Mn | 100.40 Mn | 21.12% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.75% |
| Mar 31, 2026 | 23.79% |
| Sep 30, 2025 | 22.92% |
| Jun 30, 2025 | 21.24% |
| Mar 31, 2025 | 23.22% |
| Sep 30, 2024 | 21.93% |
| Jun 30, 2024 | 25.15% |
| Mar 31, 2024 | 22.56% |
| Dec 31, 2023 | 30.56% |
| Sep 30, 2023 | -1.32% |
| Jun 30, 2023 | 24.60% |
| Mar 31, 2023 | 28.67% |
| Dec 31, 2022 | 29.49% |
| Sep 30, 2022 | 92.01% |
| Jun 30, 2022 | 70.87% |
| Dec 31, 2021 | 36.24% |
| Mar 31, 2021 | 48.13% |
| Dec 31, 2020 | 0.60% |
| Mar 31, 2020 | 24.69% |
| Dec 31, 2019 | 32.11% |