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| Date | Value |
|---|---|
| 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% |