Companhia Siderurgica Nacional S.A. (CSN) (SID) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Nov 9, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Apr 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SID SEC filings page.
Companhia Siderurgica Nacional S.A. (CSN) (SID) reported $8.2B in revenue for fiscal year 2025, up 15.8% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (20-F and 6-K reports).
FY2025 restored operating momentum, but heavier reinvestment and financing costs kept that improvement from becoming positive cash flow.
FY2025 operating income rose27.4% , but operating cash flow turned negative at-$177.7M . Capital spending reached$1.08B against free cash flow of-$1.26B , so the improved operating result did not translate into cash after reinvestment.
Balance-sheet dependence on liabilities remains pronounced: liabilities were
Operating margin improved
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Companhia Siderurgica Nacional S.A. (CSN)'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Companhia Siderurgica Nacional S.A. (CSN) has an operating margin of 10.8%, meaning the company retains $11 of operating profit per $100 of revenue. This results in a moderate score of 59/100, indicating healthy but not exceptional operating efficiency. This is up from 9.8% the prior year.
Companhia Siderurgica Nacional S.A. (CSN)'s revenue surged 15.8% year-over-year to $8.2B, reflecting rapid business expansion. This strong growth earns a score of 14/100.
Companhia Siderurgica Nacional S.A. (CSN) has elevated debt relative to equity (D/E of 3.30), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 19/100, reflecting increased financial risk.
Companhia Siderurgica Nacional S.A. (CSN)'s operations used $177.7M of cash, and capex of $1.1B added to the outflow, for a free cash flow shortfall of $1.3B. This results in a cash flow score of 18/100.
Companhia Siderurgica Nacional S.A. (CSN) posts a -15.6% return on equity (ROE), meaning it loses $16 for every $100 of shareholders' equity. This results in a returns score of 48/100. This is up from -21.1% the prior year.
Companhia Siderurgica Nacional S.A. (CSN) passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, both operating efficiency signals pass.
Companhia Siderurgica Nacional S.A. (CSN) reported a net loss of $365.6M while operations used $177.7M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Companhia Siderurgica Nacional S.A. (CSN) earns $0.60 in operating income for every $1 of interest expense ($879.4M vs $1.5B). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Companhia Siderurgica Nacional S.A. (CSN) generated $8.2B in revenue in fiscal year 2025. This represents an increase of 15.8% from the prior year.
Companhia Siderurgica Nacional S.A. (CSN)'s EBITDA was $1.6B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 25.6% from the prior year.
Companhia Siderurgica Nacional S.A. (CSN) reported a net loss of $365.6M in fiscal year 2025. The change from the prior year is not meaningful, because that figure was zero or negative.
Companhia Siderurgica Nacional S.A. (CSN) earned -$0.28 per diluted share (EPS) in fiscal year 2025. The change from the prior year is not meaningful, because that figure was zero or negative.
Cash & Balance Sheet
Companhia Siderurgica Nacional S.A. (CSN) recorded an outflow of $1.3B in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents a decrease of 347.2% from the prior year.
Companhia Siderurgica Nacional S.A. (CSN) held $2.6B in cash against $7.8B in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Companhia Siderurgica Nacional S.A. (CSN)'s gross margin was 27.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.9 percentage points from the prior year.
Companhia Siderurgica Nacional S.A. (CSN)'s operating margin was 10.8% in fiscal year 2025, reflecting core business profitability. This is up 1.0 percentage points from the prior year.
Companhia Siderurgica Nacional S.A. (CSN)'s net profit margin was -4.5% in fiscal year 2025, showing the share of revenue converted to profit. This is up 1.5 percentage points from the prior year.
Companhia Siderurgica Nacional S.A. (CSN)'s ROE was -15.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 5.6 percentage points from the prior year.
Capital Allocation
Companhia Siderurgica Nacional S.A. (CSN) invested $1.1B in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 22.0% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
SID Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F | FY0920-F | FY0820-F | FY0720-F |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.2B+15.8% | $7.1B-24.6% | $9.4B+11.6% | $8.4B-2.3% | $8.6B+48.5% | $5.8B-8.5% | $6.3B+6.9% | $5.9B+5.8% | $5.6B+6.1% | $5.3B+36.8% | $3.9B | $5.0B-30.2% | $7.2B+30.3% | $5.5B |
| Cost of Revenue | $5.9B+14.4% | $5.2B-25.0% | $6.9B+17.4% | $5.9B+26.8% | $4.6B+25.9% | $3.7B-14.3% | $4.3B+3.5% | $4.2B+1.1% | $4.1B+5.7% | $3.9B+31.0% | $3.0B | $3.3B-9.8% | $3.6B+17.1% | $3.1B |
| Gross Profit | $2.3B+19.6% | $1.9B-23.3% | $2.5B-2.1% | $2.5B-36.4% | $4.0B+88.0% | $2.1B+3.6% | $2.0B+15.0% | $1.8B+18.9% | $1.5B+7.4% | $1.4B+55.8% | $889.4M | $1.8B-50.8% | $3.6B+46.9% | $2.4B |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $208.0M-5.0% | $219.0M+18.4% | $185.0M |
| Operating Income | $879.4M+27.4% | $690.5M-35.4% | $1.1B-26.1% | $1.4B-60.8% | $3.7B+234.8% | $1.1B+24.9% | $881.3M-50.8% | $1.8B+98.7% | $900.9M+50.7% | $598.0M-53.1% | $1.3B | $1.2B-59.1% | $2.8B+52.8% | $1.9B |
| EBITDA | $1.6B+25.6% | $1.3B-26.2% | $1.8B-11.3% | $2.0B-51.3% | $4.1B+157.4% | $1.6B+25.9% | $1.3B-40.5% | $2.1B+58.1% | $1.3B+33.4% | $1.0B-36.1% | $1.6B | N/A | N/A | N/A |
| Interest Expense | $1.5B+25.5% | $1.2B-2.6% | $1.2B+84.1% | $650.2M+16.5% | $558.1M+11.5% | $500.4M-19.9% | $624.6M-13.6% | $723.2M-13.2% | $832.9M-14.4% | $973.2M0.0% | $973.1M | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | $370.6M-58.7% | $896.9M+644.7% | $120.4Mn/m | -$207.5M-421.6% | $64.5M-47.8% | $123.5M+50.8% | $81.9M-88.8% | $733.3M | $219.0M-47.1% | $414.0M-22.5% | $534.0M |
| Net Income | -$365.6Mn/m | -$419.1Mn/m | -$65.6M-122.3% | $294.0M-86.6% | $2.2B+201.0% | $730.6M+64.1% | $445.2M-66.0% | $1.3B+42063.2% | $3.1Mn/m | -$287.3Mn/m | -$306.7M | $1.3B-51.7% | $2.7B+55.8% | $1.7B |
| EPS (Basic) | -$0.28n/m | -$0.32n/m | -$0.05-122.3% | $0.22-86.1% | $1.60+201.8% | $0.53+64.2% | $0.32-66.1% | $0.95+41300.0% | $0.00n/m | -$0.21n/m | -$0.23 | $0.86-50.3% | $1.73+55.9% | $1.11 |
| EPS (Diluted) | -$0.28n/m | -$0.32n/m | -$0.05-122.3% | $0.22-86.1% | $1.60+201.8% | $0.53+64.2% | $0.32-66.1% | $0.95+41300.0% | $0.00n/m | -$0.21n/m | -$0.23 | N/A | N/A | N/A |
Not reported in any period shown, so not listed: R&D Expenses, Diluted Shares (Avg).
No annual filing on record for: FY2010, FY2011, FY2012, FY2013, FY2014.
SID Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F | FY0920-F | FY0820-F | FY0720-F |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $18.4B+9.3% | $16.8B-10.9% | $18.9B+16.8% | $16.1B+13.4% | $14.2B+17.4% | $12.1B-4.2% | $12.7B+3.8% | $12.2B-10.6% | $13.6B+0.6% | $13.6B | N/A | $19.2B+22.1% | $15.7B | N/A |
| Current Assets | N/A | N/A | N/A | N/A | $6.3B+39.3% | $4.5B+42.2% | $3.2B+2.3% | $3.1B-13.7% | $3.6B-6.2% | $3.8B | N/A | $6.8B-6.4% | $7.3B | N/A |
| Cash & Equivalents | $2.6B-30.1% | $3.8B+14.0% | $3.3B+45.8% | $2.3B-24.0% | $3.0B+55.9% | $1.9B+606.7% | $271.0M-53.2% | $579.3M-43.8% | $1.0B-31.2% | $1.5B-24.6% | $2.0B | $4.0B+12.4% | $3.5B+192.0% | $1.2B |
| Short-Term Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0n/m | $0n/m | $0 |
| Inventory | $1.9B+13.1% | $1.7B-14.3% | $2.0B-7.8% | $2.1B+8.8% | $2.0B+111.6% | $927.6M-29.4% | $1.3B+1.2% | $1.3B-3.6% | $1.3B+10.6% | $1.2B | N/A | $1.3B+13.7% | $1.2B | N/A |
| Accounts Receivable | $437.7M-6.7% | $469.1M-30.4% | $673.9M+10.2% | $611.6M+31.3% | $466.0M-15.6% | $552.1M+8.3% | $509.6M-4.9% | $535.6M | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0n/m | $0n/m | $0 |
| Goodwill | $2.0B+19.1% | $1.7B-22.3% | $2.2B+100458.1% | $2.2M-99.9% | $1.9B+31.3% | $1.5B-18.1% | $1.8B+94.4% | $925.4M-14.6% | $1.1B-1.8% | $1.1B-41.1% | $1.9B | $168.0M+32.3% | $127.0M | N/A |
| Total Liabilities | $16.0B+8.1% | $14.8B-2.9% | $15.3B+22.4% | $12.5B+17.6% | $10.6B+3.6% | $10.2B+1.0% | $10.1B+1.7% | $10.0B-13.7% | $11.5B-1.2% | $11.7B | N/A | $14.9B+20.4% | $12.4B | N/A |
| Current Liabilities | $5.1B+26.2% | $4.1B-21.2% | $5.2B+21.3% | $4.3B-3.4% | $4.4B+55.3% | $2.8B-1.9% | $2.9B-1.9% | $2.9B-8.5% | $3.2B+90.7% | $1.7B | N/A | $2.1B-45.2% | $3.8B | N/A |
| Non-Current Liabilities | $10.4B+1.2% | $10.2B+6.1% | $9.7B+24.2% | $7.8B+37.6% | $5.6B-20.8% | $7.1B+2.7% | $6.9B+4.1% | $6.7B-15.9% | $7.9B-17.5% | $9.6B | N/A | $12.8B+49.6% | $8.6B | N/A |
| Long-Term Debt | $7.8B-0.2% | $7.8B+1.3% | $7.7B+13.6% | $6.8B+39.4% | $4.8B-19.2% | $6.0B+5.5% | $5.7B-4.8% | $6.0B-13.9% | $6.9B-20.3% | $8.7B | N/A | N/A | N/A | N/A |
| Total Equity | $2.4B+18.5% | $2.0B-45.0% | $3.6B-2.2% | $3.7B+1.2% | $3.6B+90.9% | $1.9B-24.6% | $2.5B+12.9% | $2.2B+5.7% | $2.1B+11.4% | $1.9B+6.3% | $1.8B | $4.3B+28.6% | $3.3B | N/A |
| Retained Earnings | N/A | $103.6M-89.8% | $1.0B-31.6% | $1.5B-17.0% | $1.8B+71.2% | $1.0B-0.5% | $1.0B+38.6% | $756.1Mn/m | -$390.0Mn/m | -$400.2M | N/A | N/A | N/A | N/A |
No annual filing on record for: FY2010, FY2011, FY2012, FY2013, FY2014.
SID Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F | FY0920-F | FY0820-F | FY0720-F |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$177.7M-112.7% | $1.4B-6.9% | $1.5B+288.9% | $386.5M-85.4% | $2.7B+43.9% | $1.8B+52.1% | $1.2B+113.0% | $569.0M+229.6% | $172.7M+103.6% | $84.8M-93.4% | $1.3B | $40.0M-98.1% | $2.1B+63.5% | $1.3B |
| Depreciation & Amortization | $757.8M+23.6% | $613.1M-12.0% | $696.4M+27.9% | $544.4M+36.8% | $397.9M-18.1% | $485.6M+28.5% | $378.0M+15.2% | $328.1M-25.2% | $438.8M+7.9% | $406.5M+36.8% | $297.2M | N/A | N/A | N/A |
| Capital Expenditures | $1.1B+22.0% | $888.5M-2.2% | $908.5M+43.3% | $634.2M+23.4% | $513.9M+58.5% | $324.2M-41.2% | $551.4M+62.4% | $339.4M+6.1% | $319.9M-36.1% | $500.6M+22.6% | $408.2M | $930.0M+5.0% | $886.0M+40.2% | $632.0M |
| Free Cash Flow | -$1.3B-347.2% | $510.4M-14.1% | $594.5Mn/m | -$247.7M-111.6% | $2.1B+40.8% | $1.5B+130.0% | $660.9M+187.8% | $229.6Mn/m | -$147.2Mn/m | -$415.8M-147.7% | $872.1M | -$890.0M-175.4% | $1.2B+86.9% | $632.0M |
| Investing Cash Flow | -$1.1Bn/m | -$181.1Mn/m | -$945.8Mn/m | -$2.2B-2797.0% | $80.3Mn/m | -$358.8Mn/m | -$556.4Mn/m | -$25.4Mn/m | -$316.8Mn/m | -$708.6Mn/m | -$723.6M | -$829.0Mn/m | -$1.3Bn/m | -$1.1B |
| Financing Cash Flow | -$324.3Mn/m | -$16.8M-106.2% | $272.8M-69.6% | $898.0Mn/m | -$1.5B-770.5% | $228.2Mn/m | -$942.7Mn/m | -$839.4Mn/m | -$300.0Mn/m | -$271.4Mn/m | -$780.6M | $872.0M-53.3% | $1.9Bn/m | -$122.0M |
| Dividends Paid | $126.9M-69.0% | $410.0M-50.0% | $820.4M+15.4% | $710.7M+20.4% | $590.2M+890.9% | $59.6M-87.5% | $477.8M+269.3% | $129.4Mn/m | $0-100.0% | $16K-100.0% | $138.9M | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | $75.1M-52.4% | $157.6M | N/A | N/A | $46.6M | N/A | N/A | $2.4M | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Stock-Based Compensation.
No annual filing on record for: FY2010, FY2011, FY2012, FY2013, FY2014.
SID Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F | FY0920-F | FY0820-F | FY0720-F |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 27.7%+0.9pp | 26.8%+0.4pp | 26.3%-3.7pp | 30.0%-16.1pp | 46.1%+9.7pp | 36.4%+4.3pp | 32.1%+2.2pp | 29.9%+3.3pp | 26.6%+0.3pp | 26.3%+3.2pp | 23.1% | 35.2%-14.7pp | 49.9%+5.6pp | 44.3% |
| Operating Margin | 10.8%+1.0pp | 9.8%-1.7pp | 11.4%-5.8pp | 17.2%-25.6pp | 42.9%+23.9pp | 19.0%+5.1pp | 13.9%-16.3pp | 30.2%+14.1pp | 16.1%+4.8pp | 11.3%-21.8pp | 33.1% | 23.2%-16.4pp | 39.6%+5.8pp | 33.7% |
| Net Margin | -4.5%+1.5pp | -5.9%-5.2pp | -0.7%-4.2pp | 3.5%-22.1pp | 25.6%+13.0pp | 12.6%+5.6pp | 7.0%-15.1pp | 22.1%+22.0pp | 0.1%+5.5pp | -5.5%+2.5pp | -8.0% | 25.6%-11.4pp | 36.9%+6.1pp | 30.9% |
| Return on Equity | -15.6%+5.6pp | -21.1%-19.3pp | -1.8%-9.8pp | 8.0%-52.4pp | 60.3%+22.1pp | 38.3%+20.7pp | 17.6%-40.7pp | 58.3%+58.2pp | 0.1%+15.2pp | -15.1%+2.0pp | -17.1% | 30.0%-50.0pp | 80.0% | N/A |
| Return on Assets | -2.0%+0.5pp | -2.5%-2.1pp | -0.4%-2.2pp | 1.8%-13.6pp | 15.4%+9.4pp | 6.0%+2.5pp | 3.5%-7.2pp | 10.7%+10.7pp | 0.0%+2.1pp | -2.1% | N/A | 6.7%-10.2pp | 16.9% | N/A |
| Current Ratio | N/A | N/A | N/A | N/A | 1.43-0.2x | 1.59+0.5x | 1.100.0x | 1.05-0.1x | 1.11-1.2x | 2.26 | N/A | 3.27+1.4x | 1.92 | N/A |
| Debt-to-Equity | 3.30-0.6x | 3.92+1.8x | 2.13+0.3x | 1.83+0.5x | 1.33-1.8x | 3.14+0.9x | 2.24-0.4x | 2.66-0.6x | 3.27-1.3x | 4.57 | N/A | N/A | N/A | N/A |
| Liabilities-to-Equity | 6.81-0.7x | 7.47+3.2x | 4.23+0.9x | 3.38+0.5x | 2.91-2.4x | 5.36+1.4x | 4.00-0.4x | 4.44-1.0x | 5.43-0.7x | 6.13 | N/A | 3.50-0.2x | 3.74 | N/A |
| Asset Turnover | 0.450.0x | 0.42-0.1x | 0.500.0x | 0.52-0.1x | 0.60+0.1x | 0.480.0x | 0.500.0x | 0.49+0.1x | 0.410.0x | 0.39 | N/A | 0.26-0.2x | 0.46 | N/A |
| FCF Margin | -15.4%-22.6pp | 7.2%+0.9pp | 6.3%+9.3pp | -2.9%-27.8pp | 24.9%-1.4pp | 26.3%+15.8pp | 10.4%+6.6pp | 3.9%+6.5pp | -2.6%+5.3pp | -7.9%-30.5pp | 22.6% | -17.8%-34.2pp | 16.4%+5.0pp | 11.5% |
No annual filing on record for: FY2010, FY2011, FY2012, FY2013, FY2014.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Companhia Siderurgica Nacional S.A. (CSN) SID | FY2025 | $8.2B | -$365.6M | -4.5% | $1.1B | 33/100 |
| NWPX Infrastructure, Inc. NWPX | FY2025 | $526.0M | $35.4M | 6.7% | $882.9M | 70/100 |
| Metallus Inc. MTUS | FY2025 | $1.2B | -$1.2M | -0.1% | $720.8M | 36/100 |
| Algoma Steel Group Inc. ASTL | FY2025 | $1.5B | -$718.3M | -47.2% | $613.9M | 24/100 |
| Worthington Steel, Inc. WS | FY2026 | $3.4B | $8.5M | 0.3% | $2.0B | 49/100 |
| Gerdau S.A. GGB | FY2025 | $12.8B | $253.2M | 2.0% | $9.0B | 53/100 |
Where Companhia Siderurgica Nacional S.A. (CSN) Ranks
Frequently Asked Questions
Companhia Siderurgica Nacional S.A. (CSN) (SID) reported $8.2B in total revenue for fiscal year 2025. This represents a 15.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Companhia Siderurgica Nacional S.A. (CSN) (SID) revenue grew by 15.8% year-over-year, from $7.1B to $8.2B in fiscal year 2025.
No, Companhia Siderurgica Nacional S.A. (CSN) (SID) reported a net loss of $365.6M in fiscal year 2025, with a net profit margin of -4.5%.
Companhia Siderurgica Nacional S.A. (CSN) (SID) had EBITDA of $1.6B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
As of fiscal year 2025, Companhia Siderurgica Nacional S.A. (CSN) (SID) had $2.6B in cash and equivalents against $7.8B in long-term debt.
Companhia Siderurgica Nacional S.A. (CSN) (SID) had a gross margin of 27.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
Companhia Siderurgica Nacional S.A. (CSN) (SID) had an operating margin of 10.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
Companhia Siderurgica Nacional S.A. (CSN) (SID) had a net profit margin of -4.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Companhia Siderurgica Nacional S.A. (CSN) (SID) has a return on equity of -15.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
Companhia Siderurgica Nacional S.A. (CSN) (SID) recorded an outflow of $1.3B in free cash flow during fiscal year 2025. This represents a -347.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
Companhia Siderurgica Nacional S.A. (CSN) (SID) recorded an outflow of $177.7M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
Companhia Siderurgica Nacional S.A. (CSN) (SID) had $18.4B in total assets as of fiscal year 2025, including both current and long-term assets.
Companhia Siderurgica Nacional S.A. (CSN) (SID) invested $1.1B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
Companhia Siderurgica Nacional S.A. (CSN) (SID) had a debt-to-equity ratio of 3.30 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
Companhia Siderurgica Nacional S.A. (CSN) (SID) had a liabilities-to-equity ratio of 6.81 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
Companhia Siderurgica Nacional S.A. (CSN) (SID) had a return on assets of -2.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Companhia Siderurgica Nacional S.A. (CSN) (SID) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $1.1B as of Nov 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Companhia Siderurgica Nacional S.A. (CSN) (SID) trades at 0.1x sales, its market capitalization divided by $8.2B revenue, FY2025. The market capitalization is $1.1B as of Nov 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Companhia Siderurgica Nacional S.A. (CSN) (SID) has a Piotroski F-Score of 6 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Companhia Siderurgica Nacional S.A. (CSN) (SID) reported a net loss of $365.6M while operations used $177.7M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Companhia Siderurgica Nacional S.A. (CSN) (SID) has an interest coverage ratio of 0.60x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
Companhia Siderurgica Nacional S.A. (CSN) (SID) scores 33 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.