National Steel (SID) Total Debt (2009 - 2026)
National Steel's (SID) quarterly Total Debt came in at $370.8 million in Q2 2026, down 35.25% year-over-year from $572.7 million in Q2 2025, and down 95.47% quarter-over-quarter from $8.2 billion in Q1 2026.
Analysis
National Steel (SID) Total Debt (2009 - 2026) Analysis & Trends
National Steel has disclosed Total Debt across 18 years of filings, most recently posting $370.8 million for Q2 2026.
- In Q2 2026, Total Debt fell 35.25% year-over-year to $370.8 million; the TTM figure through Jun 2026 stood at $370.8 million (down 35.25% YoY), while the FY2025 annual figure was $4.0 billion, down 67.31% from the prior year.
- Total Debt came in at $370.8 million for Q2 2026 at National Steel, down from $8.2 billion in the prior quarter.
- In the past five years, Total Debt ranged from a high of $11.3 billion in Q4 2024 to a low of $190.8 million in Q3 2025.
- Average Total Debt over 5 years is $5.0 billion, with a median of $5.9 billion recorded in 2023.
- Year-over-year, Total Debt tumbled 63.3% in 2025 and jumped 1435.89% in 2026.
- Over 5 years, Total Debt stood at $7.8 billion in 2022, then rose by 16.5% to $9.1 billion in 2023, then increased by 24.83% to $11.3 billion in 2024, then plunged by 63.3% to $4.2 billion in 2025, then slumped by 91.07% to $370.8 million in 2026.
- Per Business Quant data, the three most recent Total Debt figures were $370.8 million in Q2 2026, $8.2 billion in Q1 2026, and $4.2 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 112.84 Bn | 102.94 Bn | 941.02 Mn | 7.81 Bn |
| 2 | Nucor | 58.24 Bn | 55.55 Bn | 2.03 Bn | 7.10 Bn |
| 3 | Steel Dynamics | 34.14 Bn | 33.55 Bn | 958.97 Mn | 4.20 Bn |
| 4 | Gerdau | 10.23 Bn | 9.16 Bn | 558.98 Mn | 1.97 Bn |
| 5 | Commercial Metals | 7.39 Bn | 6.83 Bn | 455.14 Mn | 3.40 Bn |
| 6 | Cleveland-Cliffs | 6.75 Bn | 6.68 Bn | 132.00 Mn | 7.70 Bn |
| 7 | Posco Holdings | 4.67 Bn | -5.01 Bn | 1.11 Bn | 744.96 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.41 Bn | 2.86 Bn | - | 75.73 Mn |
| 9 | National Steel | 1.82 Bn | -1.00 Bn | 579.08 Mn | 370.85 Mn |
| 10 | SunCoke Energy | 866.00 Mn | 823.30 Mn | 100.40 Mn | 653.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 370.85 Mn |
| Mar 31, 2026 | 8.19 Bn |
| Dec 31, 2025 | 4.15 Bn |
| Sep 30, 2025 | 190.82 Mn |
| Jun 30, 2025 | 572.70 Mn |
| Mar 31, 2025 | 533.48 Mn |
| Dec 31, 2024 | 11.31 Bn |
| Dec 31, 2023 | 9.06 Bn |
| Sep 30, 2023 | 7.69 Bn |
| Dec 31, 2022 | 7.78 Bn |
| Dec 31, 2021 | 6.81 Bn |
| Dec 31, 2020 | 7.30 Bn |
| Sep 30, 2020 | 12.12 Bn |
| Mar 31, 2020 | 8.08 Bn |
| Dec 31, 2019 | 6.80 Bn |
| Sep 30, 2019 | 5.98 Bn |
| Mar 31, 2019 | 13.61 Bn |
| Dec 31, 2018 | 12.17 Bn |
| Dec 31, 2017 | 14.18 Bn |
| Sep 30, 2017 | -4.33 Bn |