National Steel (SID) Interest Expenses (2009 - 2026)
National Steel's (SID) quarterly Interest Expenses came in at $558.4 million in Q2 2026, up 191.01% year-over-year from $191.9 million in Q2 2025, and up 290.48% quarter-over-quarter from -$293.2 million in Q1 2026.
Analysis
National Steel (SID) Interest Expenses (2009 - 2026) Analysis & Trends
National Steel has disclosed Interest Expenses across 18 years of filings, most recently posting $558.4 million for Q2 2026.
- In Q2 2026, Interest Expenses rose 191.01% year-over-year to $558.4 million; the TTM figure through Jun 2026 stood at -$1.8 billion (up 38.7% YoY), while the FY2025 annual figure was -$433.0 million, down 47.28% from the prior year.
- Interest Expenses came in at $558.4 million for Q2 2026 at National Steel, up from -$293.2 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $558.4 million in Q2 2026 to a low of -$1.2 billion in Q4 2024.
- Average Interest Expenses over 5 years is -$519.6 million, with a median of -$501.7 million recorded in 2022.
- Year-over-year, Interest Expenses tumbled 621569.3% in 2023 and jumped 191.01% in 2026.
- Over 5 years, Interest Expenses stood at -$129.3 million in 2022, then slumped by 736.02% to -$1.1 billion in 2023, then retreated by 10.85% to -$1.2 billion in 2024, then rose by 0.13% to -$1.2 billion in 2025, then jumped by 146.66% to $558.4 million in 2026.
- Per Business Quant data, the three most recent Interest Expenses figures were $558.4 million in Q2 2026, -$293.2 million in Q1 2026, and -$1.2 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 112.84 Bn | 102.94 Bn | 941.02 Mn | -50.43 Mn |
| 2 | Nucor | 58.24 Bn | 55.55 Bn | 2.03 Bn | 36.00 Mn |
| 3 | Steel Dynamics | 34.14 Bn | 33.55 Bn | 958.97 Mn | 39.12 Mn |
| 4 | Gerdau | 10.23 Bn | 9.16 Bn | 558.98 Mn | -89.44 Mn |
| 5 | Commercial Metals | 7.39 Bn | 6.83 Bn | 455.14 Mn | 40.21 Mn |
| 6 | Cleveland-Cliffs | 6.75 Bn | 6.68 Bn | 132.00 Mn | - |
| 7 | Posco Holdings | 4.67 Bn | -5.01 Bn | 1.11 Bn | -693.80 Mn |
| 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 | 558.44 Mn |
| 10 | SunCoke Energy | 866.00 Mn | 823.30 Mn | 100.40 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 558.44 Mn |
| Mar 31, 2026 | -293.18 Mn |
| Dec 31, 2025 | -1.20 Bn |
| Sep 30, 2025 | -908.04 Mn |
| Jun 30, 2025 | -613.58 Mn |
| Mar 31, 2025 | -290.19 Mn |
| Dec 31, 2024 | -1.20 Bn |
| Sep 30, 2024 | -899.08 Mn |
| Jun 30, 2024 | -608.69 Mn |
| Mar 31, 2024 | -284.13 Mn |
| Dec 31, 2023 | -1.08 Bn |
| Sep 30, 2023 | -901.32 Mn |
| Jun 30, 2023 | -599.59 Mn |
| Mar 31, 2023 | -295.50 Mn |
| Dec 31, 2022 | -129.32 Mn |
| Sep 30, 2022 | -144,983.79 |
| Jun 30, 2022 | -403.87 Mn |
| Mar 31, 2022 | -208.44 Mn |
| Dec 31, 2021 | -566.01 Mn |
| Sep 30, 2021 | -136,561.88 |