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