Financials · SID

Companhia Siderurgica Nacional S.A. (SID) financials

For fiscal 2025 (ended Dec 31, 2025), Companhia Siderurgica Nacional S.A. reported R$44.80B of revenue and -R$2.00B of net income. Figures are in BRL, the currency of its SEC filings.

Revenue, FY2025
R$44.80B
Revenue growth, YoY
+2.5%
Net income, FY2025
-R$2.00B
Net margin
-4.5%
Free cash flow, FY2025
-R$6.91B
EPS, diluted, FY2025
-R$1.51
Cash
R$14.42B
Total debt
R$42.50B
Annual revenueR$44.80B
FY2016FY2025
Annual net income-R$2.00B
FY2016FY2025
Annual free cash flow-R$6.91B
FY2016FY2025

SID revenue and earnings growth

SID revenueFY2025R$44.80B

FY YoY
+2.5%
5Y CAGR
+8.3%
10Y CAGR
+11.4%

SID revenue was R$44.80B for fiscal 2025 (ended Dec 31, 2025), up 2.5% from fiscal 2024. Compound annual growth was +8.3% over 5 years and +11.4% over 10 years. It rose in 8 of the last 10 fiscal years.

SID net incomeFY2025-R$2.00B

SID net income was -R$2.00B for fiscal 2025 (ended Dec 31, 2025), compared with -R$2.59B in fiscal 2024.

SID EPSFY2025-R$1.51

SID diluted EPS was -R$1.51 for fiscal 2025 (ended Dec 31, 2025), compared with -R$1.95 in fiscal 2024.

SID free cash flowFY2025-R$6.91B

SID free cash flow was -R$6.91B for fiscal 2025 (ended Dec 31, 2025), compared with R$3.16B in fiscal 2024.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
RevenueR$44.80BR$43.69BR$45.44BR$44.36BR$47.91BR$30.06BR$25.44BR$22.97BR$18.52BR$17.15B
Cost of revenueR$32.40BR$31.99BR$33.48BR$31.05BR$25.84BR$19.12BR$17.26BR$16.11BR$13.60BR$12.64B
Gross profitR$12.39BR$11.70BR$11.96BR$13.31BR$22.07BR$10.94BR$8.17BR$6.86BR$4.93BR$4.51B
Selling, general and adminR$6.01BR$6.31BR$4.49BR$3.25BR$2.96B-R$2.51B-R$2.85B-R$2.76B-R$2.23BR$28.23M
Operating incomeR$4.82BR$4.27BR$5.19BR$7.64BR$20.54BR$5.71BR$3.54BR$6.95BR$2.98BR$1.95B
Interest expenseR$8.01BR$7.21BR$5.81BR$3.44BR$3.11BR$2.60BR$2.51BR$2.81BR$2.76BR$3.17B
Pre-tax income-R$1.68B-R$1.54BR$1.04BR$4.13BR$18.60BR$4.92BR$1.41BR$5.45BR$520.34M-R$576.95M
Income tax---R$1.96BR$5.00BR$625.51M-R$833.78MR$250.33MR$409.11MR$266.55M
Net income-R$2.00B-R$2.59B-R$318.21MR$1.55BR$12.26BR$3.79BR$1.79BR$5.07BR$10.27M-R$934.75M
EPS, basic-R$1.51-R$1.95-R$0.24R$1.17R$8.91R$2.75R$1.30R$3.69R$0.01-R$0.69
EPS, diluted-R$1.51-R$1.95-R$0.24R$1.17R$8.91R$2.75R$1.30R$3.69R$0.01-R$0.69
Diluted shares53.3M53.3M105.4M105.4M1376.36B1380.11B1380.11B1.37B1.36B1.36B

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalentsR$14.42BR$23.31BR$16.05BR$11.99BR$16.65BR$9.94BR$1.09BR$2.25BR$3.41BR$4.87B
Short-term investments--R$1.53BR$1.19BR$2.40BR$3.31BR$2.12BR$4.85M--
ReceivablesR$2.40BR$2.90BR$3.27BR$3.23BR$2.60BR$2.87BR$2.05BR$2.08B--
InventoryR$10.46BR$10.44BR$9.56BR$11.29BR$10.94BR$4.82BR$5.28BR$5.04BR$4.46BR$3.96B
Current assets----R$34.97BR$23.39BR$12.73BR$12.01BR$11.88BR$12.44B
Goodwill---R$11.41M---R$3.59BR$3.59BR$3.59B
Total assetsR$100.58BR$103.91BR$91.53BR$85.35BR$79.38BR$63.00BR$50.87BR$47.33BR$45.21BR$44.15B
Current liabilitiesR$28.07BR$25.12BR$25.02BR$22.48BR$24.54BR$14.73BR$11.62BR$11.44BR$10.67BR$5.50B
Long-term debtR$42.50BR$48.09BR$37.25BR$35.73BR$27.02BR$31.14BR$22.84BR$23.17BR$22.98BR$28.32B
Total debtR$42.50BR$48.09BR$37.25BR$35.73BR$27.02BR$31.14BR$22.84BR$23.17BR$22.98BR$28.32B
Total liabilitiesR$84.84BR$88.45BR$71.84BR$63.54BR$56.00BR$344.49MR$419.89MR$37.31BR$36.92BR$36.77B
Shareholders' equityR$12.88BR$12.27BR$19.68BR$21.82BR$23.37BR$11.25BR$11.36BR$10.01BR$8.29BR$7.38B

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow-R$973.18MR$8.65BR$7.29BR$2.04BR$14.79BR$9.58BR$4.87BR$2.21BR$571.85MR$275.92M
Capital expendituresR$5.94BR$5.49BR$4.41BR$3.35BR$2.86BR$1.68BR$2.22BR$1.32BR$1.06BR$1.63B
Free cash flow-R$6.91BR$3.16BR$2.88B-R$1.31BR$11.93BR$7.89BR$2.66BR$891.00M-R$487.63M-R$1.35B
Investing cash flow-R$6.12B-R$1.12B-R$4.59B-R$11.45BR$447.93M-R$1.86B-R$2.24B-R$98.46M-R$1.05B-R$2.31B
Financing cash flow-R$1.78B-R$103.83MR$1.32BR$4.75B-R$8.53BR$1.19B-R$3.79B-R$3.26B-R$993.75M-R$883.01M
Dividends paidR$695.23MR$2.54BR$3.98BR$3.76BR$3.29BR$309.35MR$1.92BR$502.00MR$0R$53.0K
Depreciation and amortizationR$4.15BR$3.79BR$3.38BR$2.88BR$2.22BR$2.52BR$1.52BR$1.27BR$1.45BR$1.32B

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY2.5%-3.9%2.4%-7.4%59.4%18.2%10.7%24.0%8.0%12.4%
Net income growth, YoY----87.3%223.1%112.1%-64.7%49297.7%--
EPS growth, YoY----224.0%112.1%-48710.8%--
Gross margin27.7%26.8%26.3%30.0%46.1%36.4%32.1%29.9%26.6%26.3%
Operating margin10.8%9.8%11.4%17.2%42.9%19.0%13.9%30.2%16.1%11.3%
Net margin-4.5%-5.9%-0.7%3.5%25.6%12.6%7.0%22.1%0.1%-5.5%
Free cash flow margin-15.4%7.2%6.3%-3.0%24.9%26.3%10.4%3.9%-2.6%-7.9%
Return on equity-15.6%-21.1%-1.6%7.1%52.4%33.7%15.7%50.7%0.1%-12.7%
Return on assets-2.0%-2.5%-0.3%1.8%15.4%6.0%3.5%10.7%0.0%-2.1%
Current ratio----1.431.591.101.051.112.26
Debt to equity3.303.921.891.641.162.772.012.312.773.84

Source: XBRL data Companhia Siderurgica Nacional S.A. files with the SEC, latest filing dated Apr 30, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

SID peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
SIDR$44.80B+2.5%-R$2.00B-4.5%$1.08B
NUE$36.10B+17.2%$2.88B8.0%$56.55B
MT$61.35B-1.7%$3.15B5.1%$48.88B
STLD$22.22B+26.0%$1.95B8.8%$32.36B
TS$11.98B-4.3%$1.93B16.1%$31.49B
ATI$5.01B+9.4%$555.60M11.1%$25.11B
PKX₩68.99T-6.1%₩690.69B1.0%$16.02B
CRS$3.19B+10.2%$569.80M17.9%$15.13B
TX$15.61B-11.6%$425.23M2.7%$10.06B

SID FAQ

9 questions
  • What is SID revenue?
    Companhia Siderurgica Nacional S.A. (SID) reported R$44.80B of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 2.5% from the year before.
  • Is SID profitable?
    No. Companhia Siderurgica Nacional S.A. reported a net loss of R$2.00B for fiscal 2025 (ended Dec 31, 2025).
  • How much cash and debt does SID have?
    Companhia Siderurgica Nacional S.A. reported R$14.42B in cash and cash equivalents and R$42.50B of debt on its most recent balance sheet in SEC filings.
  • How fast is SID revenue growing?
    Companhia Siderurgica Nacional S.A.'s revenue changed +2.5% in fiscal 2025, to R$44.80B. Its compound annual growth rate was +8.3% over 5 years and +11.4% over 10 years.
  • What is SID gross margin?
    Companhia Siderurgica Nacional S.A.'s gross profit was R$12.39B on R$44.80B of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 27.7%.
  • What is SID free cash flow?
    Companhia Siderurgica Nacional S.A. generated -R$6.91B of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of -R$973.18M less capital expenditures.
  • What is SID earnings per share?
    Diluted earnings per share were -R$1.51 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did SID last report financial results?
    The latest statements here come from Companhia Siderurgica Nacional S.A.'s 20-F filed on Apr 30, 2026, covering the period ended Dec 31, 2025.
  • Where does this SID financial data come from?
    Quantisnow builds these statements from the structured XBRL data Companhia Siderurgica Nacional S.A. files with the SEC. It is provided for information only and is not investment advice.