Companhia Siderurgica Nacional

Companhia Siderurgica Nacional

5.40
BRL
-0.31
(-5.43%)
-1.49EPS
6.13BMarket Cap
Nov 10Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
11.87
11.87
11.25
12.64
13.65
16.64
18.43
21.78
34.81
33.43
34.26
32.94
33.78
34.01
Basic EPS, GAAP
0.35
-0.07
-0.89
-0.69
0.01
3.68
1.3
2.75
8.91
1.17
-0.24
-1.95
-1.51
-1.98
Free Cash Flow per Basic Share
0.16
-0.75
2.54
-1
-0.36
0.64
1.92
5.72
8.67
-2.51
2.18
2.38
-5.21
-4.7
Dividend per Share
1.14
0.31
0.41
- -
- -
0.36
1.39
0.22
2.39
2.83
3
1.91
0.52
1.27
Book Value per Share
5.55
4.19
4.39
4.56
5.18
6.31
7.37
7.18
15.14
14.7
13.2
9.25
9.71
9.17
Tangible Book Value per Share
4.89
3.5
-1.07
-0.78
-0.18
1.05
2.13
1.88
9.43
6.56
5.25
1.38
1.41
0.95
Basic Weighted Avg Shares
1,458
1,359
1,357
1,357
1,357
1,380
1,380
1,380
1,376
1,327
1,326
1,326
1,326
1,326
Sales/Revenue/Turnover
17,312
16,126
15,262
17,149
18,525
22,969
25,436
30,064
47,912
44,362
45,438
43,687
44,798
45,107
Operating Margin (%)
15.85
17.13
8.36
12.03
16.77
19.69
17.12
25.31
38.54
19.96
14.42
9.14
11.67
9.25
Depreciation Expense
1,156
1,281
1,177
1,322
1,453
1,273
1,519
2,522
2,218
2,878
3,379
3,791
4,150
4,382
Net Income, GAAP
509
-94
-1,214
-935
10
5,074
1,789
3,794
12,259
1,554
-318
-2,592
-2,002
-2,627
Effective Tax Rate (%)
12.19
- -
172.26
- -
78.62
4.59
- -
12.72
26.89
47.47
61.11
- -
- -
- -
Profit Margin (%)
2.94
-0.58
-7.96
-5.45
0.06
22.09
7.03
12.62
25.59
3.5
-0.7
-5.93
-4.47
-5.82
Working Capital
10,880
9,573
11,348
6,948
1,211
576
1,106
8,660
10,431
8,137
8,061
14,669
2,256
3,791
LT Debt
25,146
27,093
32,408
28,324
22,984
23,174
23,281
31,581
27,513
36,242
37,842
48,727
43,351
45,838
Total Equity
8,069
5,735
7,091
7,385
8,288
10,013
11,362
11,252
23,374
21,816
19,685
15,459
15,736
15,240
Return on Invested Capital (%)
7.27
- -
-7.11
- -
1.65
13.45
- -
14.74
24.49
7.49
3.44
- -
- -
- -
Return on Capital (%)
5.77
- -
-8.56
- -
1.13
17.91
- -
12.11
24.29
4.26
0.91
- -
- -
- -
Return on Common Equity (%)
6.09
-1.36
-20.83
-15.38
0.16
64.51
18.95
37.78
81.11
7.81
-1.72
-17.41
-15.93
-20.15

Capital Structure

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
10,667
9,288
8,569
LT Borrowings
42,496
41,360
45,039
LT Finance Leases
855
839
799
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,326
1,326
1,326
Market Capitalization
11,855
8,394
6,127

Working Capital

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
30,331
29,392
29,739
Cash, Cash Equivalents & STI
15,066
13,443
14,290
Accounts Receivable, Net
2,397
2,898
2,532
Inventories
10,456
10,170
9,368
Total Current Liabilities
28,074
26,482
25,948
Payables & Accruals
12,327
11,931
12,395
ST Debt
10,667
9,288
8,569
Deferred Revenue
4,348
4,531
4,353

Growth Rates

BRL

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.13%
14.32%
1.79%
Free Cash Flow
-66.21%
-114.57%
-318.91%
Net Income, GAAP
4,992.8%
141.41%
-22.74%
Sales/Revenue/Turnover
12.64%
10.62%
2.54%
Total Cash Common Dividend
- -
174.99%
-72.58%

Quarterly Revenue

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9,713
10,882
11,067
12,026
43,687
2025
10,908
10,693
11,794
11,403
44,798
2026
10,604
11,306
- -
- -
- -

Quarterly Earnings Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.44
-0.4
-0.63
-0.48
-1.95
2025
-0.47
-0.13
-0.1
-0.81
-1.51
2026
-0.46
-0.6
- -
- -
- -

Quarterly Dividends Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.93
- -
0.98
1.91
2025
- -
- -
1.07
0.19
0.52
2026
- -
- -
- -
- -
- -

Company Description

CEO
Fábio Schvartsman
Full Time Employees
29,000
Sector
Non-energy minerals
Industry
Steel
Address
Av. Brigadeiro Faria Lima, 3400 São Paulo SP Brazil 04538-132
IPO Date
Feb 26, 1943
Website
csn.com.br
Business
Companhia Siderúrgica Nacional (CSN) operates as the largest fully integrated steel producer in Brazil and one of the largest in Latin America, with annual crude steel capacity of 5.6 million tons and rolled product capacity of 5.1 million tons; it manufactures a broad range of flat steel products including slabs, heavy- and light-gauge hot-rolled coils and sheets, cold-rolled coils and sheets, galvanized products coated with zinc or zinc-based alloys, galvalume, pre-painted steel, tin mill products such as tin plate, tin free steel, low tin coated steel and black plate; long steel products; steel packaging solutions for food and chemical industries; and carbochemical products; alongside mining of iron ore, limestone and dolomite, cement production, logistics via railroads and ports, and energy generation from hydroelectric plants and thermoelectric facilities. The company, founded in 1941 and headquartered in São Paulo with its main plant in Volta Redonda, Rio de Janeiro state, serves automotive, construction, packaging, home appliance, distribution and capital goods sectors primarily in Brazil and exports to over 70 countries across North America, Europe and Asia. CSN maintains subsidiaries including GalvaSud for galvanized auto parts, CSN Paraná for specialized steel products, and operates strategic assets like the Casa de Pedra iron ore mine, Itaguaí port terminals, MRS Logística railway stake, and hydroelectric dams at Igarapava and Ita. In late 2024, CSN signed a binding agreement to acquire a 70% stake in Estrela Comércio e Participações S.A., the holding of Tora Transportes Group, for approximately BRL 743 million to bolster its logistics capabilities and intermodal operations following a 35-year partnership; it pursues expansion of its cement segment through a BRL 5 billion investment plan for three new integrated plants in Aracaju, Paraná and Pará aiming to raise capacity by 47% to 25 million tons annually, alongside an exclusive agreement to potentially acquire InterCement Participações SA including stakes in Loma Negra (Argentina) and Cementos Del Plata (Uruguay); CSN also targets 60-65 million tons of iron ore production by 2030, revised its CAPEX to BRL 5-6 billion annually from 2025-2028, and reported record cement EBITDA amid 42 million tons of iron ore sales in 2024.

Company News

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  • Announcement of Final Results of Private Exchange Offer for CSN Inova Ventures' Outstanding 6.750% Senior Notes due 2028 and Consent Solicitation

  • Announcement of Private Exchange Offer for Any and All of CSN Inova Ventures' Outstanding 6.750% Senior Notes due 2028 and Consent Solicitation

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  • Companhia Siderúrgica Nacional (SID) Q1 2026 Earnings Call Transcript

  • Corvus Pharmaceuticals Presents Soquelitinib Phase 1 Atopic Dermatitis Data at the Society for Investigative Dermatology (SID) Annual Meeting

  • Verrica Pharmaceuticals Announces Upcoming Presentation of Phase 2 Data Highlighting the Potential Abscopal Effects of VP-315 in the Treatment of Basal Cell Carcinoma at the 2026 Society for Investigative Dermatology (SID) Annual Meeting

  • LG Display presents future of displays with next-generation OLED technologies at SID Display Week 2026

  • CSN announces its Annual Report on Form 20-F for the fiscal year ended December 31, 2025

  • Corvus Pharmaceuticals to Host Investor and Analyst Meeting on May 14, 2026 to Highlight Soquelitinib Data Being Presented at the Society for Investigative Dermatology (SID) Annual Meeting

  • Companhia Siderúrgica Nacional (SID) Q4 2025 Earnings Call Transcript

  • Companhia Siderúrgica Nacional (SID) Shareholder/Analyst Call Transcript

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  • What Makes Siderurgica Nacional (SID) a Strong Momentum Stock: Buy Now?