National Steel (SID) Net Margin (2013 - 2026)

National Steel's (SID) quarterly Net Margin came in at 10.87% in Q1 2026, down 195.0% year-on-year from 11.44% in Q1 2025, and up 62.26% quarter-over-quarter from 28.8% in Q4 2025.

National Steel (SID) Net Margin (2013 - 2026) Analysis & Trends

National Steel has disclosed Net Margin across 14 years of filings, most recently posting 10.87% for Q1 2026.

  • Net Margin for Q1 2026 came in at 10.87%, down 195.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 12.15% (up 217.0% YoY), and the FY2025 annual result was 4.47%, up 146.0% from the prior year.
  • Net Margin came in at 10.87% for Q1 2026 at National Steel, up from 28.8% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 21.51% in Q2 2022 to a low of 36.85% in Q4 2022.
  • The 5-year median for Net Margin is 9.92% (2023), against an average of 10.94%.
  • Across the five-year window, Net Margin surged 7776 bps in 2022 and sank 3576 bps in 2023, its largest moves.
  • National Steel's Net Margin stood at 36.85% in 2022, then surged by 75 bps to 9.34% in 2023, then slumped by 217 bps to 29.62% in 2024, then climbed by 3 bps to 28.8% in 2025, then jumped by 62 bps to 10.87% in 2026.
  • The last three Net Margin figures came in at 10.87% (Q1 2026), 28.8% (Q4 2025), and 3.39% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn 5.41%
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn 9.16%
3 ArcelorMittal 51.15 Bn 48.81 Bn - 3.72%
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn 7.69%
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn 6.58%
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn -4.82%
7 Algoma Steel 2.77 Bn 2.77 Bn -92.32 53.69%
8 National Steel 2.24 Bn -552.84 Mn 479.33 Mn -10.87%
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn 1.40%
10 NWPX Infrastructure 1.13 Bn 1.11 Bn 26.67 Mn 7.62%

Historic Data

Download Data
DateValue
Mar 31, 2026 -10.87%
Dec 31, 2025 -28.80%
Sep 30, 2025 -3.39%
Jun 30, 2025 -4.89%
Mar 31, 2025 -8.92%
Dec 31, 2024 -29.62%
Sep 30, 2024 -10.50%
Jun 30, 2024 -7.63%
Mar 31, 2024 -8.60%
Dec 31, 2023 -9.34%
Sep 30, 2023 -12.55%
Jun 30, 2023 -14.25%
Mar 31, 2023 4.57%
Dec 31, 2022 -36.85%
Sep 30, 2022 -14.88%
Jun 30, 2022 21.51%
Dec 31, 2021 -114.61%
Mar 31, 2020 -7.55%
Dec 31, 2019 36.64%
Mar 31, 2019 16.73%