SID on NYSE

NATIONAL STEEL CO

NATIONAL STEEL CO is a steel works, listed on NYSE (SID).1

$1.16 down 0.06 (4.55%)Price as of Oct 15, 2026 at 17:33 UTC

Last updated Oct 21, 2026.

Overview

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  • TickerSID on NYSE1
  • IndustrySteel Works, Blast Furnaces & Rolling & Finishing Mills1
  • HeadquartersD51
  • Incorporated inBrazil3
  • Business addressBrigadeiro Faria Lima Avenue, 3400, Itaim Bibi - 19/20 Floor, Sao Paulo, 04538-1323
  • Filer categoryLarge accelerated filer3

S.A. or Lusosider, the only Portuguese company in the steel sector to produce cold-rolled flat steel, with an anti-corrosion coating.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from. Figures are in BRL, the currency the company reports in.

Key numbers, fiscal 2024

26.8%Gross margin5
9.8%Operating margin5
-3.5%Net margin5
-3.9%Revenue growth, 20245
-9.9%Return on equity5
3.11×Debt to equity5
3.2B BRLFree cash flow5

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Cost of revenue73¢32.0B BRL
  • Other costs10¢4.5B BRL
  • Interest17¢7.2B BRL

Out of 43.7B BRL in revenue.5 The company lost money this year.

Where each dollar of operating cash went, fiscal 2024

  • Capital spending64¢5.5B BRL
  • Dividends paid29¢2.5B BRL
  • Kept or used elsewhere7¢620.8M BRL

Out of 8.7B BRL of cash from operations.5

Financial statements

Revenue6789543.7B BRL in 2024+90% since 2018
020.0B BRL40.0B BRL60.0B BRL2018: 23.0B BRL23.0B BRL20182019: 25.4B BRL25.4B BRL2019+11%2020: 30.1B BRL30.1B BRL2020+18%2021: 47.9B BRL47.9B BRL2021+59%2022: 44.4B BRL44.4B BRL2022−7%2023: 45.4B BRL45.4B BRL2023+2%2024: 43.7B BRL43.7B BRL2024−4%
Gross profit6789511.7B BRL in 2024+70% since 2018
010.0B BRL20.0B BRL30.0B BRL2018: 6.9B BRL6.9B BRL20182019: 8.2B BRL8.2B BRL2019+19%2020: 10.9B BRL10.9B BRL2020+34%2021: 22.1B BRL22.1B BRL2021+102%2022: 13.3B BRL13.3B BRL2022−40%2023: 12.0B BRL12.0B BRL2023−10%2024: 11.7B BRL11.7B BRL2024−2%
Operating income678954.3B BRL in 2024−39% since 2018
010.0B BRL20.0B BRL30.0B BRL2018: 6.9B BRL6.9B BRL20182019: 3.5B BRL3.5B BRL2019−49%2020: 5.7B BRL5.7B BRL2020+61%2021: 20.5B BRL20.5B BRL2021+259%2022: 7.6B BRL7.6B BRL2022−63%2023: 5.2B BRL5.2B BRL2023−32%2024: 4.3B BRL4.3B BRL2024−18%
Net income67895-1.5B BRL in 2024
-5.0B BRL05.0B BRL10.0B BRL15.0B BRL2018: 5.2B BRL5.2B BRL20182019: 2.2B BRL2.2B BRL2019−57%2020: 4.3B BRL4.3B BRL2020+91%2021: 13.6B BRL13.6B BRL2021+217%2022: 2.2B BRL2.2B BRL2022−84%2023: 402.6M BRL402.6M BRL2023−81%2024: -1.5B BRL-1.5B BRL2024
Fiscal year2018201920202021202220232024
Revenue23.0B BRL625.4B BRL730.1B BRL847.9B BRL944.4B BRL545.4B BRL543.7B BRL5
Cost of revenue25.8B BRL931.1B BRL533.5B BRL532.0B BRL5
Gross profit6.9B BRL68.2B BRL710.9B BRL822.1B BRL913.3B BRL512.0B BRL511.7B BRL5
Operating income6.9B BRL63.5B BRL75.7B BRL820.5B BRL97.6B BRL55.2B BRL54.3B BRL5
Interest3.1B BRL93.4B BRL55.8B BRL57.2B BRL5
Income before tax18.6B BRL94.1B BRL51.0B BRL5-1.5B BRL5
Income tax5.0B BRL82.0B BRL8
Net income5.2B BRL62.2B BRL74.3B BRL813.6B BRL92.2B BRL5402.6M BRL5-1.5B BRL5
Earnings per share4 BRL/shares61 BRL/shares73 BRL/shares89 BRL/shares91 BRL/shares5-0 BRL/shares5-2 BRL/shares5
Earnings per share (diluted)4 BRL/shares61 BRL/shares73 BRL/shares89 BRL/shares91 BRL/shares5-0 BRL/shares5-2 BRL/shares5
Shares (weighted, basic)1.4T shares7105.4M shares8105.4M shares953.3M shares5

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What it owns

What NATIONAL STEEL CO reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net30.4B BRL5 Dec 31, 202427.9B BRL5 Dec 31, 2023+8.9%
Operating-lease assets (leased space)756.8M BRL5 Dec 31, 2024674.8M BRL5 Dec 31, 2023+12.2%

Real estate and locations

ItemLatestA year beforeChange
Real estate investments, net202.0M BRL5 Dec 31, 2024202.0M BRL5 Dec 31, 20230%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents23.3B BRL5 Dec 31, 202416.0B BRL5 Dec 31, 2023+45.3%

Inventory

ItemLatestA year beforeChange
Inventory, total10.4B BRL5 Dec 31, 20249.6B BRL5 Dec 31, 2023+9.2%

Leadership

Who has led NATIONAL STEEL CO, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (12)

Timeline

  1. Sep 18, 2026New chief executive Fabio Schvartsman becomes CEO13
  2. Apr 7, 2026New chief executive Benjamin Steinbruch becomes CEO12

Calendar

Coming up

  1. Nov 11, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.01 a share, on Nov 12, 2025.26

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

172 filings to the SEC since October 2021: 6 annual reports, 14 insider forms, 152 other. The latest 20:

  1. Oct 9, 20266-K EDGAR
  2. Sep 29, 20266-K EDGAR
  3. Sep 18, 20263 PRIMARY DOCUMENT EDGAR
  4. Sep 15, 20266-K EDGAR
  5. Sep 14, 20266-K EDGAR
  6. Sep 3, 20266-K EDGAR
  7. Aug 27, 20266-K EDGAR
  8. Aug 13, 20266-K EDGAR
  9. Aug 11, 20266-K EDGAR
  10. Aug 11, 20266-K EDGAR
  11. Aug 10, 20266-K EDGAR
  12. Jul 31, 20266-K EDGAR
  13. Jul 31, 20266-K EDGAR
  14. May 29, 20266-K EDGAR
  15. May 29, 2026SD EDGAR
  16. May 14, 20266-K EDGAR
  17. Apr 30, 20266-K EDGAR
  18. Apr 30, 202620-F EDGAR
  19. Apr 7, 20263 PRIMARY DOCUMENT EDGAR
  20. Mar 27, 20266-K EDGAR

The 172 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

SEC filer profile

How NATIONAL STEEL CO is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARNATIONAL STEEL CO1
  • CIK0001049659
  • Filer statusLarge accelerated filer not an emerging growth company; a shell company4
  • Incorporated inD54
  • Fiscal year endsDecember 311
  • Industry code (SIC)3310 Steel Works, Blast Furnaces & Rolling & Finishing Mills1
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
  • Business addressBrigadeiro Faria Lima Avenue, 3400, Itaim Bibi - 19/20 Floor, Sao Paulo, Sao Paulo 04538-132, Brazil1
  • Phone55 11 3049-75851
  • Shares outstanding1,326,093,947 shares as of Dec 31, 20254
  • AuditorForvis Mazars Auditors Independentes S.S. Ltda., São Paulo PCAOB ID 5904; it also attests to the company’s internal control over financial reporting4
  • On EDGAR sinceJan 22, 20021
  • Filings1,201 in all: 6-K (995), 6-K/A (47), UPLOAD (31), 20-F (25), CORRESP (25), 425 (16), 20-F/A (14), 3 (14)1
    All 20 form types

    SD (13), CT ORDER (4), F-6EF (4), NT 20-F (3), F-6 POS (2), SC TO-C (2), EFFECT (1), F-4 (1), F-4/A (1), F-6 (1), SC 13D/A (1), SC 13G/A (1)

  • Latest filingsAnnual report (20-F) Apr 30, 2026

Securities registered for trading

ClassSymbolExchange
American Depositary Shares (as evidenced by American Depositary Receipts), each representing one share of Common StockSIDNYSE

From the cover page of the 20-F filed Apr 30, 2026 (Section 12(b) of the Exchange Act).4