OakChart

Companhia Siderurgica Nacional ADR

SIDBasic Materials·Steel·Brazil·Small·NYSE·Nov 11 • 8:52 AM ET

0.8315+0.0212 (2.62%)
2026-11-11 14:55 CET
Market cap
1,074.53 USD m
Revenue, TTM
8,532.93 USD m
Net income, TTM
-499.63 USD m
Free cash flow, TTM
-1,195.04 USD m
EPS diluted, TTM
-0.38
P/E
-
Compare

Price

SID against its 20, 50 and 200-day averages
2050200missearnings
0.801.001.201.4023.0M46.1MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26SIDclose 0.8320-day 0.9150-day 1.08200-day 1.220.83

62.2% under 2.20 on 28 Jan 2026. Last 15 sessions, 67.9% high to low

Profile

SID
52-week range, 9% of the way up
0.702.20

Companhia Siderurgica Nacional engages in the production and sale of integrated steel. It operates through the following segments: Steel, Mining, Cement, Logistics, and Energy. The Steel segment offers flat steel, long steel, metallic containers, and galvanized steel. The Mining segment encompasses the activities of iron ore and tin mining. The Cement segment produces CP-III type cement as well as explores limestone and dolomite. The Logistics segment manages railways and port terminals comprise the logistics system that integrates mining, steelmaking, and cement units. The Energy segment consists of generation plants such as electricity to power rolling mills, production lines, hot metal processing, coking plants, and auxiliary units. The company was founded in 1913 and is headquartered in Sao Paulo, Brazil.

IPONov 18, 1996
Beta1.74
ATR, 14d0.07
Rel volume0.01
Short float1.25%
Insider own0.01%
Inst own2.16%

Snapshot

6 groups

Valuation

Index-
Market Cap1.10B
Enterprise Value9.45B
Income-499.63M
Sales8.53B
Book/sh1.77
Cash/sh2.08
Dividend Est.-
Dividend TTM-
Dividend Ex-DateNov 29, 2024
Dividend Gr. 3/5Y- -
Payout-
Employees-
IPONov 18, 1996

Ratios

P/E-
Forward P/E-
PEG-
P/S0.13
P/B0.47
P/C0.40
P/FCF-
EV/EBITDA5.64
EV/Sales1.11
Quick Ratio0.79
Current Ratio1.15
Debt/Eq4.47
LT Debt/Eq3.77
Option/ShortYes / Yes

Earnings

EPS (ttm)-0.38
EPS next Y-0.18
EPS next Q-0.13
EPS this Y-48.42%
EPS next Y49.73%
EPS next 5Y38.48%
EPS past 3/5Y- -
Sales past 3/5Y-2.27% 6.59%
EPS Y/Y TTM-26.44%
Sales Y/Y TTM9.29%
EPS Q/Q-436.20%
Sales Q/Q18.59%
EarningsNov 12 AMC
EPS/Sales Surpr.6.75% 3.06%

Ownership

Insider Own0.01%
Insider Trans0.00%
Inst Own2.16%
Inst Trans-0.43%
ROA-2.63%
ROE-20.40%
ROIC-4.46%
Gross Margin27.22%
Oper. Margin9.89%
Profit Margin-5.86%
SMA20-8.90%
SMA50-23.13%
SMA200-31.62%
Trades-

Technical

Shs Outstand1.33B
Shs Float1.33B
Short Float1.25%
Short Ratio1.96
Short Interest16.52M
52W High2.20 -62.20%
52W Low0.70 18.25%
Volatility8.93% 7.94%
ATR (14)0.07
RSI (14)41.17
Beta1.74
Rel Volume0.01
Avg Volume8.44M
Volume6,185

Performance

Perf Week7.07%
Perf Month-32.94%
Perf Quarter-7.58%
Perf Half Y-35.04%
Perf YTD-48.03%
Perf Year-47.37%
Perf 3Y-65.69%
Perf 5Y-76.78%
Perf 10Y-68.30%
Recom3.64
Target Price1.30
Prev Close0.81
Price0.83
Change %2.62%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Apr 09, 2024DowngradeBBofA SecuritiesNeutral → Underperform
Apr 04, 2024DowngradeIItau BBAMarket Perform → Underperform
Nov 20, 2023UpgradeBBofA SecuritiesUnderperform → Buy
Jul 10, 2023DowngradeIItau BBAMarket Perform → Underperform$2.30+176.6%
Aug 26, 2022DowngradeBBofA SecuritiesNeutral → Underperform
Dec 15, 2020UpgradeGGoldmanNeutral → Buy
Sep 02, 2020DowngradeUUBSNeutral → Sell
Aug 10, 2020UpgradeJJP MorganUnderweight → Neutral
Jun 22, 2020DowngradeJJP MorganNeutral → Underweight
Dec 16, 2019DowngradeCCitigroupNeutral → Sell

Peers

Mkt cap
TickerCompanyMkt cap
TXTernium SA ADR10.03B
GGBGerdau SA ADR5.85B
MTArcelorMittal SA49.52B
CLFCleveland-Cliffs Inc7.47B
SIMGrupo Simec SAB de CV ADR4.04B
PKXPOSCO Holdings Inc ADR15.62B
NUENucor Corp58.60B
VALEVale SA ADR47.77B
STLDSteel Dynamics Inc34.00B
CXCemex SAB de CV ADR16.37B

Held by

AUM
TickerCompanyAUM
VWOVanguard FTSE Emerging Markets ETFAUM: 119.73B
VXUSVanguard Total International Stock ETFAUM: 162.43B
SPEMState Street SPDR Portfolio Emerging Markets ETFAUM: 16.23B
SLXVanEck Steel ETFAUM: 149.93M
BRFVanEck Brazil Small-Cap ETFAUM: 19.06M
VTVanguard Total World Stock ETFAUM: 83.55B
SPGMState Street SPDR Portfolio MSCI Global Stock Market ETFAUM: 1.79B

News

latest 14 of 206
  • CSN Must Prove Its Steel Margin Rebound Is Real As Shares Slide Toward Lows (Earnings Whispers) +8.80%
  • Companhia Siderurgica Nacional (SID) (Q2 2026) Earnings Call Highlights: Steel Recovery and ... (GuruFocus.com)
  • Announcement of Final Results of Private Exchange Offer for CSN Inova Ventures' Outstanding 6.750% Senior Notes due 2028 and Consent Solicitation (GlobeNewswire)
  • Announcement of Private Exchange Offer for Any and All of CSN Inova Ventures' Outstanding 6.750% Senior Notes due 2028 and Consent Solicitation (GlobeNewswire)
  • Companhia Siderurgica Nacional (SID) Q1 2026 Earnings Call Highlights: Record Iron Ore ... (GuruFocus.com) +5.47% -6.67%
  • Loading…
  • CSN announces its Annual Report on Form 20-F for the fiscal year ended December 31, 2025 (PR Newswire)
  • Companhia Siderurgica Nacional (SID) Q4 2025 Earnings Call Highlights: Record EBITDA Growth ... (GuruFocus.com) -13.04% -7.50%
  • POSCO Advances Automation With Yaskawa Industrial Robots Deal (Zacks)
  • What Makes Siderurgica Nacional (SID) a Strong Momentum Stock: Buy Now? (Zacks)
  • Siderurgica Nacional (SID) Moves to Buy: Rationale Behind the Upgrade (Zacks)
  • Are Investors Undervaluing National Steel (SID) Right Now? (Zacks)
  • Siderurgica Nacional (SID) Shows Fast-paced Momentum But Is Still a Bargain Stock (Zacks)
  • Companhia Siderurgica (SID) Hits New Record High on Steel Recovery, Upbeat Outlook (Insider Monkey) +7.43%

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-11-12--0.134--2,0764
2026Q22026-08-12-0.113-0.122-0.1142,1992,1333
2026Q12026-05-14-0.0840.034-0.0882,1292,0934
2025Q42026-03-11-0.125-0.016-0.1512,2472,0214
2025Q32025-11-04-0.0020.023-0.0192,2092,0853
2025Q22025-08-01-0.018-0.026-0.0221,9271,9824
2025Q12025-05-09-0.098-0.033-0.0801,9321,9111
2024Q42025-03-12-0.011-0.128-0.0822,0662,0224
2024Q32024-11-12-0.0900.153-0.1141,8791,9052
2024Q22024-08-12-0.016-0.063-0.0771,9451,9273
2024Q12024-05-08-0.0610.025-0.0901,7781,9763
2023Q42024-03-060.1070.1250.0882,3872,3953
2023Q32023-11-13-0.0250.055-0.0242,2822,2412
2023Q22023-08-020.0290.1030.0282,2052,2545
2023Q12023-05-03-0.0581.033-0.1352,30911,0856
2022Q42023-03-080.0020.8910.0022,22310,7926

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2018FY0.9850.6601.0115,8555,986
2019FY0.3020.3370.3294,8575,967
2020FY0.5860.5320.5335,5275,725
2021FY1.8681.9181.6519,8479,070
2022FY0.2230.4300.2278,8168,509
2023FY0.2740.216-0.0488,8029,200
2024FY-0.199-0.291-0.3637,5047,364
2025FY-0.234-0.136-0.2298,9098,239
2026FY--0.357--8,427
2027FY--0.179--8,733
2028FY--0.056--9,594
2029FY-0.121--11,729

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q3S2026-10-207022,0761,9092,224
2026Q3S2026-10-156022,0531,9092,224
2026Q3S2026-10-026012,1151,9092,343
2026Q3S2026-10-015012,1571,9312,343
2026Q3S2026-09-304012,2132,0092,343
2026Q3S2026-09-263012,2812,2242,343
2026Q3S2026-09-033112,2812,2242,343
2026Q3S2026-08-133202,3242,2242,470
2026Q3S2026-08-053202,3242,2242,470
2026Q3S2026-07-172202,3732,2762,470
2026Q3S2026-07-132202,3072,2762,338
2026Q3S2026-07-102202,2952,2532,338
2026Q3S2026-06-163202,2672,2102,338
2026Q3S2026-05-273102,2452,2102,274

Estimate history

EPS, annual0.0021.0110.3290.5331.6510.227-0.048-0.363-0.27-0.3768
Period201720182019202020212022202320242025TTM
EPS, quarterly-0.077-0.114-0.082-0.08-0.022-0.019-0.151-0.088-0.119
PeriodQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Sales, annual5802.3646282.0476448.1615828.4358878.8818589.7939096.9058103.8548018.6188532.93
Period201720182019202020212022202320242025TTM
Sales, quarterly2088.6861995.5682060.041865.2251886.6712164.5012113.6682017.3572237.406
PeriodQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Shares, annual1357.1331380.1151380.1151380.1151341.7341326.0941326.0941326.0941326.0941326.094
Period201720182019202020212022202320242025MRQ
Shares, quarterly1326.0941326.0941326.0941326.0941326.0941326.0941326.0941326.0941326.094
PeriodQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue8,532.938,018.628,103.859,096.908,589.798,878.885,828.446,448.166,282.05
Cost of Goods Sold Incl. D&A6,210.665,850.585,975.976,734.666,037.714,815.113,732.234,431.194,456.23
Gross Profit2,322.272,168.042,127.892,362.242,552.094,063.772,096.212,016.971,825.82
Selling, General and Administrative Excl. Other1,178.601,088.371,177.28904.88637.56561.44505.30751.62785.96
Research and Development16.2315.1410.6011.6711.4114.355.387.089.96
Other Operating Expense300.16230.33198.34173.82151.3318.1979.27166.2964.31
Operating Income843.50849.34752.271,283.551,763.193,484.141,511.641,099.06975.55
Interest Expense856.54835.791,062.71952.31683.19480.17463.96609.43579.90
Unusual Expense144.6121.36303.79-51.02218.6122.841.7611.0941.83
Net Income Before Taxes-573.89-393.48-369.40136.99752.933,412.28939.55325.751,453.72
Income Taxes-113.42-30.93-0.97126.67379.27926.61121.27-211.3668.47
Consolidated Net Income-378.23-269.70-285.3280.61419.732,519.49832.20568.991,422.37
Net Income From Continuing Operations-499.63-358.42-480.78-63.71300.912,271.72735.59453.531,387.79
Net Income-499.63-358.42-480.78-63.71300.912,271.72735.59453.531,387.79
EPS (Recurring)-0.30-0.26-0.20-0.070.341.660.530.331.03
EPS (Basic, Before Extraordinaries)-0.38-0.27-0.36-0.050.231.650.530.331.01
EPS (Diluted)-0.38-0.27-0.36-0.050.231.650.530.331.01
EBITDA1,674.701,593.481,463.631,962.262,320.913,895.761,996.421,505.171,340.22
Non-Operating Income (Expense)-416.24-385.67244.83-245.27-108.45431.16-106.36-152.781,099.90
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Price To Earnings Ratio----7.392.4711.599.801.96
Price To Sales Ratio0.140.260.240.570.430.691.410.740.48
Gross Margin27.2227.0426.2625.9729.7145.7735.9731.2829.06
Operating Margin9.8910.599.2814.1120.5339.2425.9417.0415.53
Net Margin-5.86-4.47-5.93-0.703.5025.5912.627.0322.09
Shares Outstanding1,326.091,326.091,326.091,326.091,326.091,341.731,380.111,380.111,380.11
Market Capitalization1,074.531,074.531,909.575,211.533,364.215,632.457,547.994,376.572,778.17

Income statement, quarterly

Currency USD, millions
Metric2026Q22026Q12025Q42025Q32025Q22025Q12024Q42024Q3
Total Revenue2,237.412,017.362,113.672,164.501,886.671,865.232,060.041,995.57
Cost of Goods Sold Incl. D&A1,665.851,551.031,455.931,537.851,414.481,442.831,423.521,511.72
Gross Profit571.55466.33657.73626.65472.19422.40636.52483.84
Selling, General and Administrative Excl. Other324.65251.89312.27289.80267.57222.34270.16306.75
Research and Development4.712.485.503.543.183.022.882.65
Other Operating Expense35.6558.60167.7938.1318.9411.3786.5624.62
Operating Income211.25155.84177.68298.72185.69188.69279.80152.48
Interest Expense225.44203.77227.71199.62197.63254.16281.34263.17
Unusual Expense94.924.26-7.2252.66-53.2320.87106.48119.68
Net Income Before Taxes-240.67-197.15-158.8222.75-74.86-178.04-17.73-229.52
Income Taxes-60.38-87.04-3.4737.47-22.43-39.5219.74-71.99
Consolidated Net Income-152.98-105.59-133.6814.03-23.00-125.10-14.56-135.40
Net Income From Continuing Operations-157.15-117.10-200.21-25.16-29.29-105.88-108.44-151.53
Net Income-157.15-117.10-200.21-25.16-29.29-105.88-108.44-151.53
EPS (Recurring)-0.07-0.09-0.150.01-0.05-0.07-0.03-0.05
EPS (Basic, Before Extraordinaries)-0.12-0.09-0.15-0.02-0.02-0.08-0.08-0.11
EPS (Diluted)-0.12-0.09-0.15-0.02-0.02-0.08-0.08-0.11
EBITDA433.31377.33373.37490.68370.79361.30452.82326.95
Non-Operating Income (Expense)-131.57-144.97-116.01-23.69-116.14-91.7090.290.86
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Price To Sales Ratio0.140.200.260.250.240.280.240.37
Gross Margin25.5523.1231.1228.9525.0322.6530.9024.25
Operating Margin9.447.738.4113.809.8410.1213.587.64
Net Margin-7.02-5.80-9.47-1.16-1.55-5.68-5.26-7.59
Shares Outstanding1,326.091,326.091,326.091,326.091,326.091,326.091,326.091,326.09
Market Capitalization1,074.531,644.352,121.741,989.131,856.532,214.571,909.573,169.36

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments2,749.463,921.193,620.392,548.883,465.572,643.91926.28812.291,251.16
Short Term Receivables760.75739.661,107.62993.04786.35875.06847.63922.31949.39
Inventories1,908.541,690.231,969.642,138.211,964.78927.491,313.231,300.281,345.88
Other Current Assets116.2988.97111.82117.9462.0055.9076.3565.0335.46
Total Current Assets5,535.046,440.056,809.475,798.076,278.704,502.373,163.503,099.913,581.89
Net Property, Plant & Equipment6,189.914,925.025,749.234,994.643,865.553,795.824,897.444,656.355,415.83
Total Investments and Advances1,631.151,092.771,273.531,119.17807.77797.87997.501,551.421,777.67
Long-Term Note Receivable564.44734.87968.68739.13622.47578.00540.46462.65415.01
Intangible Assets2,008.511,689.602,169.072,043.291,374.691,408.651,797.741,871.422,192.29
Deferred Tax Assets1,295.751,188.981,036.24965.14910.61746.01614.8423.0619.03
Other Assets1,129.21747.94836.35506.92391.39300.62634.07546.37227.64
Total Assets18,354.0116,819.2318,842.5816,166.3614,251.1912,129.3312,645.5612,211.1913,629.37
Short Term Debt Incl. Current Port. of LT Debt1,946.671,461.351,595.641,017.221,006.45812.461,282.941,458.671,967.65
Accounts Payable1,307.161,138.061,593.281,249.471,157.45927.87748.91896.30741.84
Income Tax Payable134.33116.42177.99164.84594.01396.28134.4964.9579.62
Other Current Liabilities1,735.141,349.741,783.181,825.321,648.13698.42722.25531.39427.57
Total Current Liabilities5,123.304,065.575,150.104,256.854,406.042,835.032,888.602,951.313,216.68
Long Term Debt7,911.137,887.367,790.236,864.334,939.536,079.995,787.295,979.146,928.93
Provision for Risks Charges438.48461.65584.56550.16357.48407.49487.97483.22592.34
Deferred Tax Liabilities107.5787.6262.5841.0990.32119.14146.55155.26353.79
Other Liabilities1,901.801,814.681,202.73321.91261.34521.51510.6958.6538.99
Total Liabilities15,482.2814,316.8814,790.2012,034.3410,054.719,963.169,821.109,627.5811,130.73
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity2,349.751,986.363,602.743,691.363,647.221,908.562,529.282,245.432,118.53
Total Shareholders Equity2,349.751,986.363,602.743,691.363,647.221,908.562,529.282,245.432,118.53
Accumulated Minority Interest521.97515.99449.64440.66549.26257.61295.17338.18380.11
Total Equity2,871.732,502.354,052.384,132.024,196.482,166.172,824.452,583.612,498.64
Total Liabilities & Stockholders Equity18,354.0116,819.2318,842.5816,166.3614,251.1912,129.3312,645.5612,211.1913,629.37
Book Value Per Share1.771.502.722.782.721.381.831.631.56
Tangible Book Value Per Share0.260.221.081.241.690.360.530.27-0.05
Full-Time Employees---24,92435,17935,05338,30435,26634,554
Price to Book Ratio0.460.781.470.861.503.951.731.241.44
Return on Assets-2.04-2.70-0.361.9817.225.943.6510.740.02
Return on Equity-16.53-17.20-1.758.2081.7833.1519.0063.600.16
Return on Invested Capital-3.49-4.87-0.562.8526.469.215.4516.870.04
Quick Ratio0.711.170.940.860.981.260.640.610.70
Current Ratio1.081.581.321.361.431.591.101.051.11

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income-499.77-358.42-480.78-63.71300.912,271.72735.59453.531,387.79
Depreciation836.53742.21702.56675.91556.60410.50488.41385.15348.17
Other Funds (Non Cash)167.45-87.31806.45182.44151.69-176.4776.70193.99-1,183.71
Funds from Operations228.65100.62785.98713.851,090.672,646.481,024.10424.68394.47
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-292.29-274.82818.65746.17-695.1394.96832.54810.35209.45
Income Taxes Payable-47.40-12.92-40.04-42.91-485.19226.31320.6871.09-6.51
Cash from Operating Activities-63.64-174.191,604.641,460.02395.542,741.431,856.641,235.03603.92
Capital Expenditures-1,131.40-1,062.50-1,019.18-882.53-1,041.01-530.88-326.44-561.73-360.83
Net Assets From Acquisitions-36.76-53.700.000.00-1,263.07-183.740.00-5.41-
Sale of Fixed Assets and Businesses26.6826.540.000.00233.4510.150.000.00456.85
Purchase or Sale of Investments-71.395.037.11-40.42-124.15810.39-17.9820.12-105.74
Purchase of Investments-122.72-25.19-5.94-67.78-128.33-54.92-25.63-53.19-105.74
Sale Or Maturity of Investments51.3230.2213.0527.364.18865.317.6473.320.00
Other Uses-7.43-12.80-17.80-20.40-23.15-22.92-19.70-25.89-27.97
Other Sources107.141.37822.1624.580.000.002.835.9910.77
Cash from Investing Activities-1,113.17-1,096.05-207.71-918.77-2,217.9383.01-361.30-566.92-26.93
Cash Dividends Paid-125.10-124.44-470.29-796.99-727.41-609.79-59.97-332.08-137.30
Change in Capital Stock-25.130.00-62.360.00-79.50-31.230.000.0058.37
Repurchase of Common Pref Stock-25.130.00-62.360.00-79.50-281.010.000.000.00
Sale of Common Pref Stock0.000.000.000.000.00249.780.000.0058.37
Proceedsfrom Stock Options0.000.000.000.000.00249.780.000.0058.37
Issuance or Reduction of Debt, Net--127.01570.561,110.011,756.28-918.52309.81-449.67-811.92
Net Financing Active Other Cash Flow-42.680.000.000.000.000.000.00-154.720.00
Other Financing Activities Uses-27.83-11.940.000.000.000.000.00-154.720.00
Cash from Financing Activities278.64-317.94-19.26264.99919.16-1,580.72229.75-960.48-890.85
Exchange Rate Effect12.25-2.93-30.235.571.86-1.75-8.27-1.44-4.38
Net Change in Cash-885.93-1,591.121,347.44811.80-901.371,241.971,716.82-293.82-318.24
Free Cash Flow-1,195.04-1,236.69585.46577.49-645.472,210.561,530.20673.66243.69
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow--16.58--3.825.5913.9428.27
Deferred Taxes & Investment Tax Credit--195.87-242.24-80.7981.47140.72-276.59-608.00-157.78

Balance sheet, quarterly

Currency USD, millions
Metric2026Q22026Q12025Q42025Q32025Q22025Q1
Cash & Short Term Investments2,760.842,574.252,749.463,275.423,510.693,623.52
Short Term Receivables1,024.74982.75760.75858.23863.92761.87
Inventories1,810.161,947.811,908.541,927.901,897.671,732.80
Other Current Assets149.88123.71116.29104.3285.5191.76
Total Current Assets5,745.625,628.525,535.046,165.876,357.786,209.96
Net Property, Plant & Equipment6,672.056,536.456,189.916,123.455,868.965,368.64
Total Investments and Advances1,863.861,690.651,631.151,466.831,248.701,204.71
Intangible Assets2,105.952,097.982,008.512,064.342,021.731,814.64
Deferred Tax Assets1,420.721,360.561,295.751,248.121,233.281,207.20
Other Assets1,116.781,160.411,129.211,093.97933.60807.83
Total Assets19,436.4418,983.0118,354.0118,932.4318,518.4217,416.96
Short Term Debt Incl. Current Port. of LT Debt1,655.461,778.641,946.671,706.511,474.39994.56
Accounts Payable1,420.011,250.861,307.161,330.831,294.711,162.95
Income Tax Payable128.71147.73134.33143.01161.33110.68
Other Current Liabilities1,808.921,894.041,735.141,480.441,785.401,525.57
Total Current Liabilities5,013.105,071.275,123.304,660.784,715.833,793.76
Long Term Debt8,855.898,081.037,911.138,290.028,170.528,454.32
Provision for Risks Charges519.24480.26438.48473.01445.99513.01
Deferred Tax Liabilities111.21109.44107.57118.77110.7489.49
Other Liabilities1,992.542,197.271,901.802,130.961,987.451,727.51
Total Liabilities16,491.9815,939.2715,482.2815,673.5415,430.5314,578.09
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity2,350.552,460.722,349.752,655.492,547.532,284.34
Total Shareholders Equity2,350.552,460.722,349.752,655.492,547.532,284.34
Accumulated Minority Interest593.91583.02521.97603.40540.36554.53
Total Equity2,944.463,043.742,871.733,258.893,087.892,838.87
Total Liabilities & Stockholders Equity19,436.4418,983.0118,354.0118,932.4318,518.4217,416.96
Book Value Per Share1.771.861.772.001.921.72
Tangible Book Value Per Share0.180.270.260.450.400.35
Price to Book Ratio0.460.700.800.780.811.11
Return on Assets-2.63-2.04-2.05-1.46-2.24-2.61
Return on Equity-20.40-15.67-16.63-10.50-15.57-16.28
Return on Invested Capital-1.40-1.11-1.95-0.23-0.27-0.99
Quick Ratio0.790.730.710.910.951.18
Current Ratio1.151.111.081.321.351.64

Cash flow, quarterly

Currency USD, millions
Metric2026Q22026Q12025Q42025Q32025Q22025Q1
Net Income-158.53-117.10-196.26-27.87-30.95-105.22
Depreciation225.30219.58197.29194.36184.84169.65
Other Funds (Non Cash)17.9316.3699.9533.22-154.16-66.78
Funds from Operations2.419.8645.42170.97-38.96-76.27
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital14.12-157.59-41.46-107.36-7.66-119.79
Income Taxes Payable-26.8413.28-11.36-22.4837.53-16.67
Cash from Operating Activities16.53-147.733.9663.60-46.62-196.05
Capital Expenditures-275.47-214.14-375.57-266.22-234.83-191.48
Net Assets From Acquisitions-23.650.005.78-18.89-37.01-3.86
Sale of Fixed Assets and Businesses0.000.001.1825.500.000.00
Purchase or Sale of Investments-74.60-4.5290.08-82.36-0.15-2.52
Purchase of Investments-83.34-18.1475.61-96.84-0.08-4.01
Sale Or Maturity of Investments8.7513.6314.4714.48-0.071.49
Other Uses-0.04-1.30-2.56-3.53-3.33-3.44
Other Sources5.48100.850.290.520.290.28
Cash from Investing Activities-368.27-119.11-280.81-344.98-275.04-201.01
Cash Dividends Paid0.000.00-46.49-78.610.000.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-25.130.000.000.000.000.00
Repurchase of Common Pref Stock-25.130.000.000.000.000.00
Sale of Common Pref Stock0.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net553.46-177.56-44.53212.55-103.19-192.51
Net Financing Active Other Cash Flow-11.74146.990.00-177.93177.930.00
Other Financing Activities Uses-15.830.00-0.14-11.870.000.00
Cash from Financing Activities497.96-48.20-109.83-61.3057.83-206.32
Exchange Rate Effect3.3510.98-6.043.95-5.554.69
Net Change in Cash149.57-304.05-392.71-338.73-269.38-598.70
Free Cash Flow-258.94-361.87-371.61-202.62-281.46-387.54
Price to Free Cash Flow-----168.77

Revenue breakdown

Consolidation, Policy2024: 184.48M 2025: -40.45M
Country Of Asia2024: 5.27B 2025: 5.66B
Country Of Europe2024: 1.96B 2025: 1.54B
Country Of Latin America2024: 26.28M 2025: 22.68M
Country Of North America2024: 650.37M 2025: 377.91M
Country Of Others2024: 21.47M 2025: 456.18M
Total Steel Works, Blast Furnaces & Rolling & Finishing Mills revenue2024: 8.11B 2025: 8.02B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-301.25%16.5M1326.0M8.24M
2026-10-150.77%10.3M1326.0M6.31M
2026-09-300.55%7.3M1326.0M5.11M
2026-09-150.31%4.2M1326.0M4.69M
2026-08-310.68%9.0M1326.0M3.99M
2026-08-141.03%13.6M1326.0M4.21M
2026-07-310.73%9.7M1326.0M4.03M
2026-07-150.68%9.0M1326.0M3.82M
2026-06-300.94%12.5M1326.0M4.14M
2026-06-150.88%11.6M1324.5M4.44M
2026-05-290.72%9.5M1326.0M4.85M
2026-05-150.63%8.4M1326.0M5.03M
2026-04-300.52%6.9M1326.0M5.43M
2026-04-150.65%8.7M1326.0M5.87M
2026-03-310.59%7.9M1326.0M5.89M
2026-03-130.97%12.9M1326.0M4.87M
2026-02-270.52%6.9M1326.0M4.02M
2026-02-130.48%6.4M1326.0M3.66M
2026-01-300.58%7.6M1326.0M3.34M
2026-01-150.43%5.7M1326.0M2.87M

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call0.500.001.000.000.0000.000.000.860-0.0060.000
call1.000.000.050.052.0751484.000.328-0.0050.000
call1.500.000.100.073.63127.000.000.231-0.0070.000
call2.000.000.100.004.5520.000.000.202-0.0090.000
call2.500.000.550.005.2060.000.000.187-0.0090.000
call5.000.000.850.007.0150.000.000.158-0.0110.000
call7.500.000.850.007.9650.000.000.147-0.0120.000
put0.500.000.850.003.8540.000.00-0.140-0.0060.000
put1.000.000.300.303.2737.000.00-0.672-0.0050.000
put1.500.251.250.5014.6334.000.00-0.769-0.0070.000
put2.000.751.750.0015.5350.000.00-0.798-0.0080.000
put2.501.252.250.0016.1980.000.00-0.813-0.0090.000
put5.003.605.300.000.0000.000.00-0.842-0.0110.000
put7.506.107.800.000.0000.000.00-0.853-0.0120.000

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-106-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-12-31SEC
2026-11-096-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-12-31SEC
2026-10-306-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-12-31SEC
2026-10-096-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-12-31SEC
2026-09-296-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-30SEC
2026-09-183Initial statement of beneficial ownership of securities2026-09-03SEC
2026-09-156-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-30SEC
2026-09-146-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-30SEC
2026-09-036-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-30SEC
2026-08-276-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-06-30SEC
2026-08-136-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-06-30SEC
2026-08-116-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-30SEC
2026-08-116-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-30SEC
2026-08-106-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-30SEC
2026-07-316-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-30SEC
2026-07-316-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-03-31SEC
2026-05-296-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-03-31SEC
2026-05-29SDSpecialized Disclosure ReportSEC
2026-05-146-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-03-31SEC
2026-04-306-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-06-30SEC
2026-04-3020-FRegistration statement under Section 12 of the Securities Exchange Act of 1934 or an annual or transition report filed under Section 13(a) or 15(d) of the Exchange Act for a foreign private issuer.2025-12-31SEC
2026-04-073Initial statement of beneficial ownership of securities2025-04-30SEC
2026-03-276-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162025-12-31SEC
2026-03-263Initial statement of beneficial ownership of securities2025-12-09SEC
2026-03-233Initial statement of beneficial ownership of securities2025-12-09SEC
2026-03-233Initial statement of beneficial ownership of securities2025-04-30SEC
2026-03-233Initial statement of beneficial ownership of securities2025-04-30SEC
2026-03-233Initial statement of beneficial ownership of securities2025-04-30SEC
2026-03-233Initial statement of beneficial ownership of securities2025-04-30SEC
2026-03-236-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-03-31SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-080000
2026-070000
2026-060000
2026-050000
2026-040000
2026-030000
2026-020000
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
VANGUARD CAPITAL MANAGEMENT LLC0.34%
RENAISSANCE TECHNOLOGIES LLC0.27%
UBS Group AG0.24%
DIMENSIONAL FUND ADVISORS LP0.23%
CITADEL ADVISORS LLC0.16%
STATE STREET CORP0.13%
JANE STREET GROUP, LLC0.12%
Banque Cantonale Vaudoise0.12%
TWO SIGMA INVESTMENTS, LP0.08%
XTX Topco Ltd0.05%

Funds

Fund% owned
EMERGING MARKETS CORE EQUITY 2 PORTFOLIO0.20%
VANGUARD EMERGING MARKETS STOCK INDEX FUND0.17%
State Street(R) SPDR(R) Portfolio Emerging Markets ETF0.12%
VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND0.12%
VANGUARD FTSE ALL-WORLD EX-US INDEX FUND0.05%
VanEck Steel ETF0.03%
DIMENSIONAL EMERGING MARKETS VALUE FUND0.02%
Dimensional World ex. U.S. Core Equity 2 ETF0.01%
VANGUARD TOTAL WORLD STOCK INDEX FUND0.01%
Emerging Markets Social Core Equity Portfolio0.00%

OakChart. SID. Cached 15 minutes.

Some panels did not load: insider.