National Steel (SID) Net Income (2009 - 2026)
National Steel (SID) posted Net Income of -$0.08 for Q1 2026, up 71.61% sequentially from -$0.28 in Q4 2025, and little changed YoY from -$0.08 in Q1 2025.
National Steel (SID) Net Income (2009 - 2026) Analysis & Trends
National Steel has reported Net Income for 18 years, with the latest figure at -$0.08 in Q1 2026.
- Quarterly Net Income changed 0.19% year-over-year to -$0.08 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$0.59 (up 29.93% YoY) and the FY2025 annual result came in at -$279.5 million, down 5.59% from the prior year.
- Net Income rose to -$0.08 in Q1 2026 per SID's latest filing, from -$0.28 in the prior quarter.
- Over five years, Net Income peaked at $997.9 million in Q2 2022 and troughed at -$534.1 million in Q3 2023.
- A 5-year average of $67.2 million and a median of -$0.1 in 2025 frame the typical range for Net Income.
- The sharpest annual moves came in 2022 and 2023: Net Income surged 105.89% in 2022, then plunged 630.69% in 2023.
- Over 5 years, Net Income stood at $373.6 million in 2022, then plunged by 100.0% to -$0.05 in 2023, then plunged by 593.84% to -$0.34 in 2024, then increased by 16.72% to -$0.28 in 2025, then soared by 71.61% to -$0.08 in 2026.
- According to Business Quant data, Net Income over the past three periods registered -$0.08, -$0.28, and -$0.13 for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 108.77 Bn | 98.88 Bn | 941.02 Mn | 510.31 Mn |
| 2 | Nucor | 55.40 Bn | 52.70 Bn | 2.03 Bn | 1.28 Bn |
| 3 | ArcelorMittal | 55.01 Bn | 50.16 Bn | - | 1.04 Bn |
| 4 | Steel Dynamics | 32.67 Bn | 32.08 Bn | 958.97 Mn | 530.79 Mn |
| 5 | Reliance | 19.68 Bn | 19.45 Bn | 1.30 Bn | 323.60 Mn |
| 6 | Cleveland-Cliffs | 6.41 Bn | 6.34 Bn | 132.00 Mn | -134.00 Mn |
| 7 | Gerdau | 5.43 Bn | 4.29 Bn | 558.98 Mn | 510.51 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.53 Bn | 2.97 Bn | - | - |
| 9 | Posco Holdings | 4.33 Bn | 1.83 Bn | 1.04 Bn | 310.09 Mn |
| 10 | National Steel | 50.95 Mn | -2.81 Bn | 479.33 Mn | -0.08 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.08 |
| Dec 31, 2025 | -0.28 |
| Sep 30, 2025 | -0.13 |
| Jun 30, 2025 | -0.10 |
| Mar 31, 2025 | -0.08 |
| Dec 31, 2024 | -0.34 |
| Sep 30, 2024 | -0.27 |
| Jun 30, 2024 | -0.16 |
| Mar 31, 2024 | -0.09 |
| Dec 31, 2023 | -0.05 |
| Sep 30, 2023 | -534.06 Mn |
| Jun 30, 2023 | -387.87 Mn |
| Mar 31, 2023 | -76.20 Mn |
| Dec 31, 2022 | 373.59 Mn |
| Sep 30, 2022 | 100.63 Mn |
| Jun 30, 2022 | 997.89 Mn |
| Mar 31, 2022 | 668.98 Mn |
| Dec 31, 2021 | -6.35 Bn |
| Sep 30, 2021 | 3.92 Bn |
| Mar 31, 2021 | 1.51 Bn |