National Steel (SID) Interest Expenses (2009 - 2026)
National Steel (SID) posted Interest Expenses of -$293.2 million for Q1 2026, up 75.5% sequentially from -$1.2 billion in Q4 2025, and down 1.03% YoY from -$296.2 million in Q1 2025.
National Steel (SID) Interest Expenses (2009 - 2026) Analysis & Trends
National Steel has reported Interest Expenses for 18 years, with the latest figure at -$293.2 million in Q1 2026.
- Quarterly Interest Expenses fell 1.03% year-over-year to -$293.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$3.0 billion (down 0.51% YoY) and the FY2025 annual result came in at $1.5 billion, up 19.78% from the prior year.
- Interest Expenses grew to -$293.2 million in Q1 2026 per SID's latest filing, from -$1.2 billion in the prior quarter.
- Over five years, Interest Expenses peaked at -$208.4 million in Q1 2022 and troughed at -$1.2 billion in Q4 2024.
- A 5-year average of -$616.7 million and a median of -$584.5 million in 2022 frame the typical range for Interest Expenses.
- The sharpest annual moves came in 2022 and 2023: Interest Expenses sank 151.17% in 2022, then gained 16.68% in 2023.
- Over 5 years, Interest Expenses stood at -$793.1 million in 2022, then sank by 36.32% to -$1.1 billion in 2023, then slipped by 10.85% to -$1.2 billion in 2024, then advanced by 0.13% to -$1.2 billion in 2025, then jumped by 75.5% to -$293.2 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered -$293.2 million, -$1.2 billion, and -$908.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 108.84 Bn | 98.95 Bn | 941.02 Mn | -50.43 Mn |
| 2 | Nucor | 55.75 Bn | 53.05 Bn | 2.03 Bn | 36.00 Mn |
| 3 | ArcelorMittal | 54.97 Bn | 50.12 Bn | - | - |
| 4 | Steel Dynamics | 32.99 Bn | 32.40 Bn | 958.97 Mn | 39.12 Mn |
| 5 | Reliance | 19.82 Bn | 19.59 Bn | 1.30 Bn | 18.20 Mn |
| 6 | Cleveland-Cliffs | 6.46 Bn | 6.39 Bn | 132.00 Mn | - |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | -89.44 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.53 Bn | 2.97 Bn | - | - |
| 9 | Posco Holdings | 4.32 Bn | 1.83 Bn | 1.04 Bn | -1.09 Bn |
| 10 | National Steel | 51.95 Mn | -2.81 Bn | 479.33 Mn | 268.51 Mn |
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 | -908.04 Mn |
| Sep 30, 2025 | -908.04 Mn |
| Jun 30, 2025 | -613.58 Mn |
| Jun 30, 2025 | -613.58 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 | -899.08 Mn |
| Sep 30, 2024 | -899.08 Mn |
| Jun 30, 2024 | -608.69 Mn |
| Jun 30, 2024 | -608.69 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 |