National Steel (SID) Payables (2009 - 2026)

National Steel's (SID) quarterly Payables came in at -$105.4 million in Q1 2026, down 56.76% year-on-year from -$243.7 million in Q1 2025, and down 103.17% quarter-over-quarter from $3.3 billion in Q4 2025.

National Steel (SID) Payables (2009 - 2026) Analysis & Trends

National Steel has disclosed Payables across 16 years of filings, most recently posting -$105.4 million for Q1 2026.

  • Payables for Q1 2026 came in at -$105.4 million, down 56.76% year-over-year; the trailing twelve-month figure through Mar 2026 was -$105.4 million (down 56.76% YoY), and the FY2025 annual result was $3.3 billion, up 64.16% from the prior year.
  • Payables came in at -$105.4 million for Q1 2026 at National Steel, down from $3.3 billion in the prior quarter.
  • In the past five years, Payables ranged from a high of $3.3 billion in Q4 2025 to a low of -$255.3 million in Q2 2024.
  • The 5-year median for Payables is -$55.4 million (2025), against an average of $621.9 million.
  • Across the five-year window, Payables jumped 167.26% in 2023 and sank 437.18% in 2024, its largest moves.
  • National Steel's Payables stood at $2.4 billion in 2022, then soared by 32.24% to $3.1 billion in 2023, then plunged by 34.95% to $2.0 billion in 2024, then surged by 64.16% to $3.3 billion in 2025, then tumbled by 103.17% to -$105.4 million in 2026.
  • The last three Payables figures came in at -$105.4 million (Q1 2026), $3.3 billion (Q4 2025), and -$37.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn 2.08 Bn
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn 2.24 Bn
3 ArcelorMittal 51.15 Bn 48.81 Bn - -
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn 13.47 Mn
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn 552.10 Mn
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn 2.01 Bn
7 Algoma Steel 2.77 Bn 2.77 Bn -92.32 -7.29 Mn
8 National Steel 2.24 Bn -552.84 Mn 479.33 Mn -105.37 Mn
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn 603.70 Mn
10 NWPX Infrastructure 1.13 Bn 1.11 Bn 26.67 Mn 27.89 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -105.37 Mn
Dec 31, 2025 3.33 Bn
Sep 30, 2025 -37.44 Mn
Jun 30, 2025 -43.53 Mn
Mar 31, 2025 -67.22 Mn
Dec 31, 2024 2.03 Bn
Sep 30, 2024 -116.19 Mn
Jun 30, 2024 -255.35 Mn
Mar 31, 2024 -139.65 Mn
Dec 31, 2023 3.12 Bn
Sep 30, 2023 90.40 Mn
Jun 30, 2023 75.73 Mn
Mar 31, 2023 -103.54 Mn
Dec 31, 2022 2.36 Bn
Jun 30, 2022 -112.60 Mn
Mar 31, 2022 -67.71 Mn
Dec 31, 2021 2.36 Bn
Dec 31, 2020 1.83 Bn
Mar 31, 2020 1.99 Bn
Dec 31, 2019 1.98 Bn