National Steel (SID) Other Operating Expenses (2014 - 2026)
National Steel's (SID) quarterly Other Operating Expenses came in at -$173.7 million in Q1 2026, down 128.53% year-on-year from $608.9 million in Q1 2025, and up 55.05% quarter-over-quarter from -$386.5 million in Q4 2025.
National Steel (SID) Other Operating Expenses (2014 - 2026) Analysis & Trends
National Steel has disclosed Other Operating Expenses across 13 years of filings, most recently posting -$173.7 million for Q1 2026.
- Other Operating Expenses for Q1 2026 came in at -$173.7 million, down 128.53% year-over-year; the trailing twelve-month figure through Mar 2026 was -$579.2 million (down 29.1% YoY), and the FY2025 annual result was -$1.4 billion, down 9.98% from the prior year.
- Other Operating Expenses came in at -$173.7 million for Q1 2026 at National Steel, up from -$386.5 million in the prior quarter.
- In the past five years, Other Operating Expenses ranged from a high of $228.1 million in Q1 2022 to a low of -$949.0 million in Q4 2022.
- The 5-year median for Other Operating Expenses is -$102.4 million (2023), against an average of -$225.0 million.
- Across the five-year window, Other Operating Expenses plunged 1571.85% in 2022 and surged 217.07% in 2025, its largest moves.
- National Steel's Other Operating Expenses stood at -$949.0 million in 2022, then surged by 43.87% to -$532.7 million in 2023, then surged by 49.43% to -$269.4 million in 2024, then tumbled by 43.46% to -$386.5 million in 2025, then jumped by 55.05% to -$173.7 million in 2026.
- The last three Other Operating Expenses figures came in at -$173.7 million (Q1 2026), -$386.5 million (Q4 2025), and -$62.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn |
| 10 | NWPX Infrastructure | 1.13 Bn | 1.11 Bn | 26.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -173.71 Mn |
| Dec 31, 2025 | -386.45 Mn |
| Sep 30, 2025 | -62.54 Mn |
| Jun 30, 2025 | 43.52 Mn |
| Mar 31, 2025 | -76.01 Mn |
| Dec 31, 2024 | -269.38 Mn |
| Sep 30, 2024 | -66.05 Mn |
| Jun 30, 2024 | -37.18 Mn |
| Mar 31, 2024 | -59.86 Mn |
| Dec 31, 2023 | -532.70 Mn |
| Sep 30, 2023 | -80.74 Mn |
| Jun 30, 2023 | -102.43 Mn |
| Mar 31, 2023 | -320.80 Mn |
| Dec 31, 2022 | -949.01 Mn |
| Sep 30, 2022 | -597.81 Mn |
| Jun 30, 2022 | -381.89 Mn |
| Mar 31, 2022 | 228.12 Mn |
| Dec 31, 2021 | 222.73 Mn |
| Sep 30, 2021 | -35.76 Mn |
| Mar 31, 2021 | 289.04 Mn |