National Steel (SID) Gross Margin (2009 - 2026)
National Steel's Gross Margin came in at 11.75% for Q2 2026, down 12.04 percentage points from the prior quarter.
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Analysis
National Steel (SID) Gross Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, National Steel reported Gross Margin of 17.17%; for FY2025, it came in at 27.67%, up 0.90 percentage points from FY2024.
- Gross Margin carries a five-year change of -8.72 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 26.78% in FY2024 (+0.45 pp), 26.33% in FY2023 (-3.66 pp), 29.99% in FY2022 (-16.08 pp) and 46.07% in FY2021 (+9.69 pp).
- The Q2 2026 figure represents the lowest quarterly Gross Margin since Q3 2023.
- The fastest year-over-year change in Gross Margin over five years came in Q4 2023 (a gain of 35.30 percentage points), and the weakest in Q3 2023 (a drop of 86.69 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 167.30 Bn | 146.09 Bn | 2.90 Bn | 67.60% |
| 3 | Rio Tinto | 143.04 Bn | 103.54 Bn | - | - |
| 4 | Newmont | 124.35 Bn | 92.35 Bn | 4.03 Bn | 65.87% |
| 5 | Freeport-Mcmoran | 99.09 Bn | 83.13 Bn | 2.19 Bn | 31.10% |
| 6 | Agnico Eagle Mines | 93.47 Bn | 83.11 Bn | 2.43 Bn | 63.79% |
| 7 | Barrick Mining | 69.01 Bn | 44.20 Bn | 2.90 Bn | 54.74% |
| 8 | Nucor | 59.68 Bn | 49.06 Bn | 2.03 Bn | 19.56% |
| 9 | ArcelorMittal | 48.25 Bn | 27.28 Bn | - | - |
| 10 | National Steel | 1.53 Bn | -6.58 Bn | 579.08 Mn | 11.75% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.75% |
| Mar 31, 2026 | 23.79% |
| Sep 30, 2025 | 9.11% |
| Jun 30, 2025 | 11.01% |
| Mar 31, 2025 | 23.22% |
| Sep 30, 2024 | 7.58% |
| Jun 30, 2024 | 27.47% |
| 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 | 48.14% |
| Dec 31, 2020 | -2.84% |
| Sep 30, 2020 | 77.35% |
| Jun 30, 2020 | 50.79% |
API Access
National Steel Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=SID&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SID", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=SID&period=max&api_key=YOUR_API_KEY");
const data = await res.json();