National Steel (SID) Total Debt (2009 - 2025)
National Steel's (SID) quarterly Total Debt came in at $9.8 billion in Q4 2025, little changed year-on-year from $9.8 billion in Q4 2024, and little changed quarter-over-quarter from $9.8 billion in Q4 2024.
National Steel (SID) Total Debt (2009 - 2025) Analysis & Trends
National Steel has disclosed Total Debt across 15 years of filings, most recently posting $9.8 billion for Q4 2025.
- Total Debt for Q4 2025 came in at $9.8 billion, changed 0.24% year-over-year; the trailing twelve-month figure through Dec 2025 was $9.8 billion (changed 0.24% YoY), and the FY2025 annual result was $9.8 billion, changed 0.24% from the prior year.
- Total Debt came in at $9.8 billion for Q4 2025 at National Steel, roughly flat from $9.8 billion in the prior quarter.
- In the past five years, Total Debt ranged from a high of $9.8 billion in Q4 2025 to a low of $540.9 million in Q2 2023.
- The 5-year median for Total Debt is $8.4 billion (2022), against an average of $7.5 billion.
- Across the five-year window, Total Debt decreased 10.79% in 2021 and soared 1708.74% in 2024, its largest moves.
- National Steel's Total Debt stood at $5.8 billion in 2021, then soared by 33.46% to $7.8 billion in 2022, then rose by 16.5% to $9.1 billion in 2023, then rose by 8.08% to $9.8 billion in 2024, then increased by 0.24% to $9.8 billion in 2025.
- The last three Total Debt figures came in at $9.8 billion (Q4 2025), $9.8 billion (Q4 2024), and $9.8 billion (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | 3.96 Bn |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 7.01 Bn |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | 13.68 Bn |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 4.20 Bn |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 1.69 Bn |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | 7.76 Bn |
| 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 | 224.30 Mn |
| 10 | NWPX Infrastructure | 1.13 Bn | 1.11 Bn | 26.67 Mn | 2.99 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 9.82 Bn |
| Dec 31, 2024 | 9.79 Bn |
| Jun 30, 2024 | 9.78 Bn |
| Dec 31, 2023 | 9.06 Bn |
| Jun 30, 2023 | 540.88 Mn |
| Mar 31, 2023 | 7.16 Bn |
| Dec 31, 2022 | 7.78 Bn |
| Dec 31, 2021 | 5.83 Bn |
| Dec 31, 2020 | 6.53 Bn |
| Mar 31, 2020 | 6.87 Bn |
| Dec 31, 2019 | 6.80 Bn |
| Mar 31, 2019 | 6.68 Bn |
| Dec 31, 2018 | 6.09 Bn |
| Sep 30, 2018 | 1.63 Bn |
| Jun 30, 2018 | 6.86 Bn |
| Dec 31, 2017 | 9.10 Bn |
| Sep 30, 2017 | 7.91 Bn |
| Jun 30, 2017 | 8.44 Bn |
| Mar 31, 2017 | 8.82 Bn |
| Dec 31, 2016 | 7.53 Bn |