National Steel (SID) Interest Expenses (2014 - 2026)
National Steel's (SID) quarterly Interest Expenses came in at -$293.2 million in Q1 2026, down 1.03% year-on-year from -$296.2 million in Q1 2025, and up 75.5% quarter-over-quarter from -$1.2 billion in Q4 2025.
National Steel (SID) Interest Expenses (2014 - 2026) Analysis & Trends
National Steel has disclosed Interest Expenses across 13 years of filings, most recently posting -$293.2 million for Q1 2026.
- Interest Expenses for Q1 2026 came in at -$293.2 million, down 1.03% year-over-year; the trailing twelve-month figure through Mar 2026 was -$2.1 billion (up 4.16% YoY), and the FY2025 annual result was $1.5 billion, up 19.78% from the prior year.
- Interest Expenses came in at -$293.2 million for Q1 2026 at National Steel, up from -$1.2 billion in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of -$208.4 million in Q1 2022 to a low of -$1.2 billion in Q4 2024.
- The 5-year median for Interest Expenses is -$328.3 million (2024), against an average of -$509.7 million.
- Across the five-year window, Interest Expenses slumped 145.99% in 2022 and advanced 27.65% in 2024, its largest moves.
- National Steel's Interest Expenses stood at -$793.1 million in 2022, then sank by 36.32% 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 surged by 75.5% to -$293.2 million in 2026.
- The last three Interest Expenses figures came in at -$293.2 million (Q1 2026), -$1.2 billion (Q4 2025), and -$270.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | -50.19 Mn |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 39.00 Mn |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | - |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 33.24 Mn |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 15.40 Mn |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | - |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | - |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | -293.18 Mn |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 2.10 Mn |
| 10 | NWPX Infrastructure | 1.13 Bn | 1.11 Bn | 26.67 Mn | 348,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -293.18 Mn |
| Mar 31, 2026 | -293.18 Mn |
| Dec 31, 2025 | -1.20 Bn |
| Dec 31, 2025 | -1.20 Bn |
| Sep 30, 2025 | -270.50 Mn |
| Sep 30, 2025 | -270.50 Mn |
| Jun 30, 2025 | -313.23 Mn |
| Jun 30, 2025 | -313.23 Mn |
| Mar 31, 2025 | -290.19 Mn |
| Mar 31, 2025 | -290.19 Mn |
| Dec 31, 2024 | -1.20 Bn |
| Dec 31, 2024 | -1.20 Bn |
| Sep 30, 2024 | -328.33 Mn |
| Sep 30, 2024 | -328.33 Mn |
| Jun 30, 2024 | -346.97 Mn |
| Jun 30, 2024 | -346.97 Mn |
| Mar 31, 2024 | -284.13 Mn |
| Mar 31, 2024 | -284.13 Mn |
| Dec 31, 2023 | -1.08 Bn |
| Dec 31, 2023 | -1.08 Bn |