InsiderClue
Stocks · Materials · Steel Works, Blast Furnaces & Rolling & Finishing Mills

NATIONAL STEEL CO

SID Clue Score39
Brazil Fiscal year ends December CIK 0001049659
$1.27 -0.78% Close, 12 Oct 2026
Alert on the numbers Alert on insider trades
Price $1.27 −75.05% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 13 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue17.15Operating income1.95Net income−0.93EPS, diluted−0.69Fiscal year 2017Revenue18.52 +8.0%Operating income2.98Net income0.01EPS, diluted0.01Fiscal year 2018Revenue22.97 +24.0%Operating income6.95Net income5.07 +49,297.7%EPS, diluted3.70 +48,518.4%Fiscal year 2019Revenue25.44 +10.7%Operating income3.54Net income1.79 −64.7%EPS, diluted1.30 −64.9%Fiscal year 2020Revenue30.06 +18.2%Operating income5.71Net income3.79 +112.1%EPS, diluted2.75 +112.1%Fiscal year 2021Revenue47.91 +59.4%Operating income20.54Net income12.26 +223.1%EPS, diluted8.91 +224.0%Fiscal year 2022Revenue44.36 −7.4%Operating income7.64Net income1.55 −87.3%EPS, diluted1.17 −86.9%Fiscal year 2023Revenue45.44 +2.4%Operating income5.19Net income−0.32 −120.5%EPS, diluted−0.24 −120.5%Fiscal year 2024Revenue43.69 −3.9%Operating income4.27Net income−2.59EPS, diluted−1.95
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Revenue 17.15 18.52 22.97 25.44 30.06 47.91 44.36 45.44 43.69
Growth +8.0% +24.0% +10.7% +18.2% +59.4% −7.4% +2.4% −3.9%
Operating income 1.95 2.98 6.95 3.54 5.71 20.54 7.64 5.19 4.27
Net income −0.93 0.01 5.07 1.79 3.79 12.26 1.55 −0.32 −2.59
Growth +49,297.7% −64.7% +112.1% +223.1% −87.3% −120.5%
EPS, diluted −0.69 0.01 3.70 1.30 2.75 8.91 1.17 −0.24 −1.95
Growth +48,518.4% −64.9% +112.1% +224.0% −86.9% −120.5%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin26.3%Operating margin11.3%Net margin−5.5%Free cash flow margin−7.9%Fiscal year 2017Gross margin26.6%Operating margin16.1%Net margin0.1%Free cash flow margin−2.6%Fiscal year 2018Gross margin29.9%Operating margin30.2%Net margin22.1%Free cash flow margin3.9%Fiscal year 2019Gross margin32.1%Operating margin13.9%Net margin7.0%Free cash flow margin10.4%Fiscal year 2020Gross margin36.4%Operating margin19.0%Net margin12.6%Free cash flow margin26.3%Fiscal year 2021Gross margin46.1%Operating margin42.9%Net margin25.6%Free cash flow margin24.9%Fiscal year 2022Gross margin30.0%Operating margin17.2%Net margin3.5%Free cash flow margin−3.0%Fiscal year 2023Gross margin26.3%Operating margin11.4%Net margin−0.7%Free cash flow margin6.3%Fiscal year 2024Gross margin26.8%Operating margin9.8%Net margin−5.9%Free cash flow margin7.2%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Gross margin 26.3% 26.6% 29.9% 32.1% 36.4% 46.1% 30.0% 26.3% 26.8%
Operating margin 11.3% 16.1% 30.2% 13.9% 19.0% 42.9% 17.2% 11.4% 9.8%
Net margin −5.5% 0.1% 22.1% 7.0% 12.6% 25.6% 3.5% −0.7% −5.9%
Free cash flow margin −7.9% −2.6% 3.9% 10.4% 26.3% 24.9% −3.0% 6.3% 7.2%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow0.28Capital expenditure−1.63Free cash flow−1.35Dividends paid−0.00Fiscal year 2017Operating cash flow0.57Capital expenditure−1.06Free cash flow−0.49Dividends paid0.00Fiscal year 2018Operating cash flow2.21Capital expenditure−1.32Free cash flow0.89Dividends paid−0.50Fiscal year 2019Operating cash flow4.87Capital expenditure−2.22Free cash flow2.66 +198.1%Dividends paid−1.92Fiscal year 2020Operating cash flow9.58Capital expenditure−1.68Free cash flow7.89 +197.2%Dividends paid−0.31Fiscal year 2021Operating cash flow14.79Capital expenditure−2.86Free cash flow11.93 +51.1%Dividends paid−3.29Fiscal year 2022Operating cash flow2.04Capital expenditure−3.35Free cash flow−1.31 −111.0%Dividends paid−3.76Fiscal year 2023Operating cash flow7.29Capital expenditure−4.41Free cash flow2.88Dividends paid−3.98Fiscal year 2024Operating cash flow8.65Capital expenditure−5.49Free cash flow3.16 +9.4%Dividends paid−2.54
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Operating cash flow 0.28 0.57 2.21 4.87 9.58 14.79 2.04 7.29 8.65
Capital expenditure −1.63 −1.06 −1.32 −2.22 −1.68 −2.86 −3.35 −4.41 −5.49
Free cash flow −1.35 −0.49 0.89 2.66 7.89 11.93 −1.31 2.88 3.16
Growth +198.1% +197.2% +51.1% −111.0% +9.4%
Dividends paid −0.00 0.00 −0.50 −1.92 −0.31 −3.29 −3.76 −3.98 −2.54

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash4.87Total debt28.32Net cash (debt)−23.45Shareholders’ equity6.19Debt to equity4.57Fiscal year 2017Cash3.41Total debt22.98Net cash (debt)−19.57Shareholders’ equity7.03Debt to equity3.27Fiscal year 2018Cash2.25Total debt23.17Net cash (debt)−20.93Shareholders’ equity8.70Debt to equity2.66Fiscal year 2019Cash1.09Total debt22.84Net cash (debt)−21.75Shareholders’ equity10.17Debt to equity2.24Fiscal year 2020Cash9.94Total debt31.14Net cash (debt)−21.20Shareholders’ equity9.91Debt to equity3.14Fiscal year 2021Cash16.65Total debt27.02Net cash (debt)−10.37Shareholders’ equity20.31Debt to equity1.33Fiscal year 2022Cash11.99Total debt35.73Net cash (debt)−23.73Shareholders’ equity19.49Debt to equity1.83Fiscal year 2023Cash16.05Total debt37.25Net cash (debt)−21.20Shareholders’ equity17.50Debt to equity2.13Fiscal year 2024Cash23.31Total debt48.09Net cash (debt)−24.78Shareholders’ equity12.27Debt to equity3.92
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Cash 4.87 3.41 2.25 1.09 9.94 16.65 11.99 16.05 23.31
Total debt 28.32 22.98 23.17 22.84 31.14 27.02 35.73 37.25 48.09
Net cash (debt) −23.45 −19.57 −20.93 −21.75 −21.20 −10.37 −23.73 −21.20 −24.78
Shareholders’ equity 6.19 7.03 8.70 10.17 9.91 20.31 19.49 17.50 12.27
Debt to equity 4.57 3.27 2.66 2.24 3.14 1.33 1.83 2.13 3.92

In billions of BRL, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2024 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024
Margins
26.3% 26.6% 29.9% 32.1% 36.4% 46.1% 30.0% 26.3% 26.8%
11.3% 16.1% 30.2% 13.9% 19.0% 42.9% 17.2% 11.4% 9.8%
−3.4% 2.8% 23.7% 5.5% 16.4% 38.8% 9.3% 2.3% −3.5%
−5.5% 0.1% 22.1% 7.0% 12.6% 25.6% 3.5% −0.7% −5.9%
−7.9% −2.6% 3.9% 10.4% 26.3% 24.9% −3.0% 6.3% 7.2%
Spending
0.2% −12.0% −12.0% −11.2% −8.3% 6.2% 7.3% 9.9% 14.4%
9.5% 5.7% 5.7% 8.7% 5.6% 6.0% 7.6% 9.7% 12.6%
n/a 78.6% 4.6% −59.1% 12.7% 26.9% 47.5% n/a n/a
Returns
−15.1% 0.1% 58.3% 17.6% 38.3% 60.3% 8.0% −1.8% −21.1%
−2.1% 0.0% 10.7% 3.5% 6.0% 15.4% 1.8% −0.3% −2.5%
Balance and payout
4.57 3.27 2.66 2.24 3.14 1.33 1.83 2.13 3.92
n/a n/a n/a 0.8% 0.5% n/a n/a n/a n/a
n/a 0.0% 9.9% 107.3% 8.2% 26.8% 241.7% n/a n/a
n/a n/a 56.3% 72.3% 3.9% 27.6% n/a 138.0% 80.3%

Shown in BRL as filed; the screener converts to dollars.