National Steel's Q2 loss misses estimates despite higher revenues, as stronger steel, energy and cement results are offset by financial costs.

Companhia Siderúrgica Nacional's investment thesis is defined by the tension between its operational potential and its unsustainable capital structure. While the company demonstrates the ability to generate positive operating income, with a 6.8% operating marg...
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| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Aug 12, 2026 | -$0.12+1.2% vs -$0.12 | $2.2B+3.1% vs $2.1B |
Q2 2026 May 13, 2026 | -$0.08-334.5% vs $0.03 | $2.1B+1.7% vs $2.1B |
Q2 2026 Mar 11, 2026 | -$0.15-814.1% vs -$0.02 | $2.1B+4.3% vs $2.0B |
Q4 2025 Nov 12, 2025 | $0.01-90.0% vs $0.10 | $2.2B+11.2% vs $2.0B |
National Steel's Q2 loss misses estimates despite higher revenues, as stronger steel, energy and cement results are offset by financial costs.

National Steel NYSE: SID, also known as CSN, reported higher consolidated EBITDA in the second quarter of 2026, supported by improved commercial performance across its steel, cement, logistics and energy businesses, while management continued to emphasize asset sales, working-capital reductions and debt-management initiatives.
Companhia Siderúrgica Nacional (SID) Q2 2026 Earnings Call Transcript
São Paulo, Aug. 11, 2026 (GLOBE NEWSWIRE) -- Companhia Siderúrgica Nacional (“CSN”) (NYSE: SID) announced today the final results of the offer to exchange (the “Exchange Offer”) conducted by its subsidiary, CSN Inova Ventures (formerly CSN Islands XI Corp.) (the “Issuer”), an exempted company incorporated under the laws of the Cayman Islands and a direct wholly-owned subsidiary of CSN. The Issuer announced today that the Minimum Participation Condition has been satisfied.
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Key metrics vs top competitors for Companhia Siderúrgica Nacional (SID)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $1.18 | $1.56B | -4.07 | 0.53% | -4.47% | -12.59% | 8.53% | |
| $5.02 | $9.92B | 37.16 | 4.23% | 3.22% | 4.16% | — | |
| $73.78 | $56.15B | 17.95 | -1.74% | 2.88% | 3.19% | — | |
| $14.19 | $60.51B | 24.47 | 0.46% | 4.92% | 5.3% | — | |
| $245.66 | $55.95B | 32.67 | 5.73% | 7.99% | 12.84% | — | |
| $233.99 | $33.74B | 29.29 | 3.63% | 7.83% | 17.66% | — |
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Companhia Siderúrgica Nacional (SID) stock FAQ — growth, dividends, profitability & financials explained
Companhia Siderúrgica Nacional (SID) reported $45.08B in revenue for fiscal year 2025. This represents a 1648% increase from $2.58B in 1997.
Companhia Siderúrgica Nacional (SID) grew revenue by 0.5% over the past year. Growth has been modest.
Companhia Siderúrgica Nacional (SID) reported a net loss of $2.63B for fiscal year 2025.
Yes, Companhia Siderúrgica Nacional (SID) pays a dividend with a yield of 8.53%. This makes it attractive for income-focused investors.
Companhia Siderúrgica Nacional (SID) has a return on equity (ROE) of -12.6%. Negative ROE indicates the company is unprofitable.
Companhia Siderúrgica Nacional (SID) had negative free cash flow of $6.22B in fiscal year 2025, likely due to heavy capital investments.