National Steel (SID) Research & Development (2010 - 2023)
National Steel's (SID) quarterly Research & Development came in at -$202.8 million in Q4 2023, down 231309.77% year-over-year from N/an in Q4 2022, and down 231309.77% quarter-over-quarter from -$87630.2 in Q4 2022.
Analysis
National Steel (SID) Research & Development (2010 - 2023) Analysis & Trends
National Steel has disclosed Research & Development across 11 years of filings, most recently posting -$202.8 million for Q4 2023.
- In Q4 2023, Research & Development fell 231309.77% year-over-year to -$202.8 million; the TTM figure through Dec 2023 stood at -$389.3 million (down 41.49% YoY), while the FY2025 annual figure was -$915.0 million, down 3.86% from the prior year.
- Research & Development came in at -$202.8 million for Q4 2023 at National Steel, down from -$87630.2 in the prior quarter.
- In the past five years, Research & Development ranged from a high of -$87630.2 in Q4 2022 to a low of -$222.0 million in Q4 2019.
- Average Research & Development over 5 years is -$121.0 million, with a median of -$112.2 million recorded in 2020.
- Year-over-year, Research & Development soared 49.46% in 2020 and tumbled 231309.77% in 2023.
- Over 5 years, Research & Development stood at -$222.0 million in 2019, then soared by 49.46% to -$112.2 million in 2020, then jumped by 33.86% to -$74.2 million in 2021, then surged by 99.88% to -$87630.2 in 2022, then plunged by 231309.77% to -$202.8 million in 2023.
- Per Business Quant data, the three most recent Research & Development figures were -$202.8 million in Q4 2023, -$87630.2 in Q4 2022, and -$74.2 million in Q1 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 114.02 Bn | 104.12 Bn | 941.02 Mn | - |
| 2 | Nucor | 58.75 Bn | 56.06 Bn | 2.03 Bn | - |
| 3 | Steel Dynamics | 34.64 Bn | 34.06 Bn | 958.97 Mn | - |
| 4 | Gerdau | 10.07 Bn | 9.00 Bn | 558.98 Mn | - |
| 5 | Commercial Metals | 7.63 Bn | 7.07 Bn | 455.14 Mn | - |
| 6 | Cleveland-Cliffs | 6.92 Bn | 6.85 Bn | 132.00 Mn | - |
| 7 | Posco Holdings | 4.73 Bn | -4.95 Bn | 1.11 Bn | - |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.41 Bn | 2.86 Bn | - | - |
| 9 | National Steel | 1.76 Bn | -1.07 Bn | 579.08 Mn | - |
| 10 | SunCoke Energy | 874.57 Mn | 831.87 Mn | 100.40 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | -202.78 Mn |
| Dec 31, 2022 | -87,630.18 |
| Mar 31, 2021 | -74.20 Mn |
| Dec 31, 2020 | -112.19 Mn |
| Mar 31, 2020 | -88.64 Mn |
| Dec 31, 2019 | -221.99 Mn |
| Mar 31, 2019 | -147.00 Mn |
| Dec 31, 2018 | -201.39 Mn |
| Mar 31, 2018 | -140.57 Mn |
| Mar 31, 2017 | 19.74 Mn |
| Dec 31, 2016 | -498.11 Mn |
| Sep 30, 2016 | 184.77 Mn |
| Mar 31, 2016 | 72.72 |
| Aug 31, 2013 | 18.11 Mn |
| Sep 30, 2011 | -151.05 Mn |
| Jun 30, 2011 | -111.64 Mn |
| Sep 30, 2010 | -165.61 Mn |
| Jun 30, 2010 | -171.07 Mn |