National Steel SID
NYSE SID
$1.38 +0.04 (+3.40%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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%