National Steel (SID) Operating Margin (2009 - 2026)
National Steel (SID) reported Operating Margin of 20.43% for Q2 2026, down 24.01 percentage points from the prior quarter.
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Analysis
National Steel (SID) Operating Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, National Steel's Operating Margin came in at 27.32%; for FY2025, it came in at 10.60%, down 0.70 percentage points from FY2024.
- Operating Margin has declined for four consecutive years, with a five-year change of -8.42 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at 11.29% in FY2024 (-0.13 pp), 11.42% in FY2023 (-5.80 pp), 17.22% in FY2022 (-25.65 pp) and 42.87% in FY2021 (+23.86 pp).
- The Q2 2026 figure ranks as the lowest quarterly Operating Margin since Q3 2023.
- The high point for year-over-year Operating Margin in five years was Q1 2024 (a gain of 28.89 percentage points); the low point was Q3 2023 (a drop of 87.97 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 163.97 Bn | 142.76 Bn | 2.90 Bn | 61.16% |
| 3 | Rio Tinto | 141.19 Bn | 101.70 Bn | - | - |
| 4 | Newmont | 124.53 Bn | 92.53 Bn | 4.03 Bn | 16.48% |
| 5 | Freeport-Mcmoran | 98.93 Bn | 82.97 Bn | 2.19 Bn | 28.50% |
| 6 | Agnico Eagle Mines | 93.96 Bn | 83.59 Bn | 2.43 Bn | 60.65% |
| 7 | Barrick Mining | 69.55 Bn | 44.75 Bn | 2.90 Bn | 51.63% |
| 8 | Nucor | 60.45 Bn | 49.83 Bn | 2.03 Bn | 15.67% |
| 9 | ArcelorMittal | 48.41 Bn | 27.44 Bn | - | 6.29% |
| 10 | National Steel | 1.46 Bn | -6.65 Bn | 579.08 Mn | 3.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.07% |
| Mar 31, 2026 | 2.78% |
| Sep 30, 2025 | 4.53% |
| Jun 30, 2025 | 6.64% |
| Mar 31, 2025 | 8.14% |
| Sep 30, 2024 | 2.17% |
| Jun 30, 2024 | 14.83% |
| Mar 31, 2024 | 6.00% |
| Dec 31, 2023 | 15.14% |
| Sep 30, 2023 | 3.19% |
| Jun 30, 2023 | 7.72% |
| Mar 31, 2023 | 5.13% |
| Dec 31, 2022 | 10.67% |
| Sep 30, 2022 | 59.22% |
| Jun 30, 2022 | 50.41% |
| Dec 31, 2021 | -182.30% |
| Mar 31, 2021 | 60.24% |
| Dec 31, 2020 | 22.07% |
| Sep 30, 2020 | 32.23% |
| Jun 30, 2020 | 10.43% |
API Access
National Steel Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=SID&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "SID", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=SID&period=max&api_key=YOUR_API_KEY");
const data = await res.json();