CSN (SID Nacional) (NYSE: SID)

$0.89-1.60%today

Brazilian ADR trading on the NYSE, priced in US dollars.

Display currency

Market Cap, EPS and the financial totals below — switch between US dollars and BRL.

Market Cap: $1.17B
P/E (TTM): —
P/B: 0.5x
EPS (TTM): $-0.29
Dividend Yield: —
52-Week Range: $0.84 – $2.20
Volume: 2.29M
Previous Close: $0.90

TTM = trailing twelve months — the most recent 12 months (a rolling window), used for P/E, EPS and dividends. On the tables and charts below, the in-progress current year appears as a “Last 12M” column labelled with the quarter range it covers.

Performance

Today

-1.60%

1 Week

-1.11%

1 Month

-10.10%

YTD

-44.38%

1 Year

-32.06%

5 Years

-87.76%

About CSN (SID Nacional)

US Ticker: SID
B3 Ticker: CSNA3
Exchange: NYSE
Currency: USD
Sector: Basic Materials
Industry: Steel
Headquarters: São Paulo, SP, Brazil
Employees: 29,000
CEO: Mr. Benjamin Steinbruch
Founded: 1941

Companhia Siderúrgica Nacional, together with its subsidiaries, operates as an integrated steel producer in Brazil and internationally.

It operates through five segments: Steel Industry, Mining, Logistics, Energy, and Cement.

The Steel Segment offers produce and sells of flat and long steel.

The Mining Segment engages in extraction, processing and marketing of iron ore, tin, limestone, and dolomite.

The Logistics Segment supplies railways, port concessions, and road fleet.

The Cement Segment produces and sells bagged and bulk cement, as well as aggregates, concrete, and other products.

The Energy segment is involved in generation and commercialization of energy originating from renewables.

It offers flat steel products, such as hot and cold rolled, galvanized, galvalume, pre-painted, and metal sheets products; coil, sheets, and derivatives; tiles and derivatives, pipes, and profiles; long steel products including, reinforcing bars, iron rods, and laminated profiles; food and chemical packaging solutions; and carbochemical products.

It also provides steel cutting services; produces and sells cement; operates railways; and generates electric power from its hydroelectric power plants.

In addition, the company offers steel solutions and distributions; packaging; logistics services; and certifications.

Companhia Siderúrgica Nacional was founded in 1941 and is headquartered in São Paulo, Brazil.

www.csn.com.br

Analyst Ratings

Consensus of 3 Wall Street analysts · sourced from Yahoo Finance

3.8Underperform

On a 1–5 scale: 1 = Strong Buy, 3 = Hold, 5 = Sell. Lower is more bullish.

12-Month Price Target

Low

$0.90

Average

$1.20

High

$1.50

The average target is +35.92% above the current price of $0.89.

Financial Results

Revenue, EBITDA and net profit (in USD) with net margin (net profit ÷ revenue).

Financial Health

Margins, leverage and cash-flow quality derived from CSN (SID Nacional)'s income statement, balance sheet and cash flow (absolute figures in USD).

ProfitabilityLeverageGrowth

Overall: Financially Stretched

Net Margin: -5.5%
ROE: -19.2%
Rev Growth (YoY): +0.60%
Net Debt / EBITDA: 7.33×
Current Ratio: 1.11×
Interest Coverage: 0.25×
Free Cash Flow: -6.81B
Payout Ratio: —

Income — Margins & Efficiency

Metric	Last 12MQ3'25 – Q2'26	Δ	2025	Δ	2024	Δ	2023	Δ	2022	Δ	2021	Δ	2020	Δ	2019	Δ	2018	Δ	2017	Δ	2016	Δ	2015	Δ	2014	Δ	2013	Δ	2012	Δ	2011	Δ	2010	Δ	2009	Δ	2008	Δ	2007	Δ	2006
Revenue	$8,537,900,092	+6.5%	$8,019,789,453	+13.4%	$7,071,571,246	-24.5%	$9,368,263,164	+11.6%	$8,394,603,187	-2.4%	$8,601,493,483	+48.5%	$5,791,745,804	-8.6%	$6,334,224,998	+6.8%	$5,928,678,179	+6.0%	$5,594,696,929	+6.1%	$5,272,868,124	+36.1%	$3,874,908,889	-36.2%	$6,075,970,009	-17.2%	$7,337,952,783	-11.2%	$8,261,827,783	-6.7%	$8,856,736,007	+1.9%	$8,694,651,023	+73.3%	$5,018,286,208	-29.9%	$7,159,136,459	+28.8%	$5,558,144,152	+33.3%	$4,169,233,670
Gross profit	$2,283,960,954	+5.3%	$2,168,359,081	+14.5%	$1,893,323,621	-18.7%	$2,329,932,374	-7.5%	$2,518,280,286	-36.5%	$3,962,975,118	+88.1%	$2,107,389,383	+5.3%	$2,001,221,203	+13.0%	$1,771,521,346	+19.0%	$1,488,466,069	+7.4%	$1,386,374,873	+55.3%	$892,686,835	-47.7%	$1,708,243,849	-17.6%	$2,072,532,531	-12.1%	$2,358,837,221	-34.5%	$3,602,155,265	-11.5%	$4,069,655,836	+130.5%	$1,765,507,952	-50.9%	$3,597,000,383	+46.3%	$2,459,204,255	+14.0%	$2,156,386,823
Operating income	$855,497,178	+0.7%	$849,467,514	+31.5%	$646,160,346	-39.6%	$1,069,388,685	-36.2%	$1,675,635,053	-49.5%	$3,314,893,900	+125.0%	$1,473,347,757	+67.0%	$882,014,916	-24.1%	$1,161,340,406	+27.1%	$913,989,309	+42.4%	$641,621,314	+95.4%	$328,299,593	-67.5%	$1,011,330,394	-23.5%	$1,322,321,875	-3.2%	$1,365,472,593	-54.0%	$2,969,679,927	-1.3%	$3,007,428,400	+158.1%	$1,164,995,043	-58.9%	$2,832,973,993	+51.1%	$1,874,878,787	+4.0%	$1,803,563,369
EBITDA	$1,006,810,465	-21.3%	$1,279,485,957	+15.4%	$1,108,637,239	-37.4%	$1,769,892,376	-7.1%	$1,905,938,765	-54.0%	$4,143,361,280	+121.9%	$1,866,983,738	+45.4%	$1,283,920,581	-27.3%	$1,765,569,150	+33.1%	$1,326,632,841	+102.5%	$655,052,117	-29.9%	$935,013,016	-28.1%	$1,301,318,338	-15.8%	$1,546,074,683	+94.0%	$797,043,176	-78.4%	$3,684,395,775	-5.1%	$3,884,187,726	+120.1%	$1,764,507,097	-53.8%	$3,817,143,580	+162.8%	$1,452,754,009	-26.8%	$1,985,453,721
Net profit	-$471,848,661	-31.6%	-$358,467,733	+14.6%	-$419,535,926	-539.5%	-$65,606,779	-122.3%	$294,073,345	-86.6%	$2,200,751,858	+201.1%	$730,959,870	+64.1%	$445,516,871	-66.8%	$1,342,363,069	+43170.0%	$3,102,292	+101.1%	-$287,411,063	-190.4%	$317,915,435	+851.6%	-$42,299,461	-119.6%	$215,752,554	+205.0%	-$205,424,185	-110.3%	$1,986,935,985	+31.2%	$1,513,953,670	+18.1%	$1,282,095,060	-51.5%	$2,643,710,611	+54.1%	$1,715,700,470	+73.6%	$988,343,961
Gross margin	26.8%	-0.3 p.p.	27.0%	+0.3 p.p.	26.8%	+1.9 p.p.	24.9%	-5.1 p.p.	30.0%	-16.1 p.p.	46.1%	+9.7 p.p.	36.4%	+4.8 p.p.	31.6%	+1.7 p.p.	29.9%	+3.3 p.p.	26.6%	+0.3 p.p.	26.3%	+3.3 p.p.	23.0%	-5.1 p.p.	28.1%	-0.1 p.p.	28.2%	-0.3 p.p.	28.6%	-12.1 p.p.	40.7%	-6.1 p.p.	46.8%	+11.6 p.p.	35.2%	-15.1 p.p.	50.2%	+6.0 p.p.	44.2%	-7.5 p.p.	51.7%
Operating margin	10.0%	-0.6 p.p.	10.6%	+1.5 p.p.	9.1%	-2.3 p.p.	11.4%	-8.5 p.p.	20.0%	-18.6 p.p.	38.5%	+13.1 p.p.	25.4%	+11.5 p.p.	13.9%	-5.7 p.p.	19.6%	+3.3 p.p.	16.3%	+4.2 p.p.	12.2%	+3.7 p.p.	8.5%	-8.2 p.p.	16.6%	-1.4 p.p.	18.0%	+1.5 p.p.	16.5%	-17.0 p.p.	33.5%	-1.1 p.p.	34.6%	+11.4 p.p.	23.2%	-16.4 p.p.	39.6%	+5.8 p.p.	33.7%	-9.5 p.p.	43.3%
EBITDA margin	11.8%	-4.2 p.p.	16.0%	+0.3 p.p.	15.7%	-3.2 p.p.	18.9%	-3.8 p.p.	22.7%	-25.5 p.p.	48.2%	+15.9 p.p.	32.2%	+12.0 p.p.	20.3%	-9.5 p.p.	29.8%	+6.1 p.p.	23.7%	+11.3 p.p.	12.4%	-11.7 p.p.	24.1%	+2.7 p.p.	21.4%	+0.3 p.p.	21.1%	+11.4 p.p.	9.6%	-32.0 p.p.	41.6%	-3.1 p.p.	44.7%	+9.5 p.p.	35.2%	-18.2 p.p.	53.3%	+27.2 p.p.	26.1%	-21.5 p.p.	47.6%
Net margin	-5.5%	-1.1 p.p.	-4.5%	+1.5 p.p.	-5.9%	-5.2 p.p.	-0.7%	-4.2 p.p.	3.5%	-22.1 p.p.	25.6%	+13.0 p.p.	12.6%	+5.6 p.p.	7.0%	-15.6 p.p.	22.6%	+22.6 p.p.	0.1%	+5.5 p.p.	-5.5%	-13.7 p.p.	8.2%	+8.9 p.p.	-0.7%	-3.6 p.p.	2.9%	+5.4 p.p.	-2.5%	-24.9 p.p.	22.4%	+5.0 p.p.	17.4%	-8.1 p.p.	25.5%	-11.4 p.p.	36.9%	+6.1 p.p.	30.9%	+7.2 p.p.	23.7%
Revenue growth (YoY)	0.6%	+0.1 p.p.	0.5%	+4.4 p.p.	-3.9%	-6.3 p.p.	2.4%	+9.8 p.p.	-7.4%	-66.8 p.p.	59.4%	+41.2 p.p.	18.2%	+7.4 p.p.	10.7%	-13.2 p.p.	24.0%	+16.0 p.p.	8.0%	-3.8 p.p.	11.9%	+16.8 p.p.	-4.9%	+1.9 p.p.	-6.9%	-9.3 p.p.	2.5%	+0.2 p.p.	2.3%	-12.0 p.p.	14.3%	-50.9 p.p.	65.2%	+112.6 p.p.	-47.4%	-116.8 p.p.	69.4%	+58.8 p.p.	10.6%	—	—
Effective tax rate	29.0%	+18.7 p.p.	10.3%	+10.0 p.p.	0.3%	-60.8 p.p.	61.1%	+13.6 p.p.	47.5%	+20.6 p.p.	26.9%	+14.2 p.p.	12.7%	+71.8 p.p.	-59.1%	-63.7 p.p.	4.6%	-74.0 p.p.	78.6%	+124.8 p.p.	-46.2%	-56.7 p.p.	10.5%	-46.9 p.p.	57.4%	+45.2 p.p.	12.2%	-52.2 p.p.	64.4%	+62.2 p.p.	2.2%	-16.3 p.p.	18.5%	-13.3 p.p.	31.8%	+17.7 p.p.	14.1%	-10.6 p.p.	24.7%	-8.6 p.p.	33.3%
Interest coverage	0.25×	-60.8%	0.64×	-3.6%	0.66×	-46.8%	1.25×	-46.8%	2.34×	-74.5%	9.21×	-40.4%	15.45×	+159.0%	5.97×	+117.7%	2.74×	+126.1%	1.21×	-99.3%	174.49×	+20016.7%	0.87×	-2.7%	0.89×	-32.6%	1.32×	+565.8%	0.20×	-90.9%	2.18×	-15.3%	2.57×	+68.9%	1.52×	-76.0%	6.35×	+313.0%	1.54×	-62.0%	4.04×

Newest column (“Last 12M”) = trailing 12 months, the last 4 reported quarters — shown with the quarter range it spans; earlier columns are full fiscal years.

Balance Sheet — Health & Leverage

Metric	Last 12MQ3'25 – Q2'26	Δ	2025	Δ	2024	Δ	2023	Δ	2022	Δ	2021	Δ	2020	Δ	2019	Δ	2018	Δ	2017	Δ	2016	Δ	2015	Δ	2014	Δ	2013	Δ	2012	Δ	2011	Δ	2010	Δ	2009	Δ	2008	Δ	2007	Δ	2006
Net debt	$7,380,067,057	+2.1%	$7,227,163,361	+32.1%	$5,468,969,876	-9.2%	$6,024,235,083	+7.7%	$5,593,430,912	+95.7%	$2,858,449,068	-42.6%	$4,981,121,164	-26.9%	$6,811,364,413	-0.7%	$6,860,531,206	-13.0%	$7,882,356,921	+0.3%	$7,862,084,064	+17.7%	$6,677,651,326	-16.4%	$7,986,646,321	+6.2%	$7,523,739,245	-2.0%	$7,680,252,310	-8.0%	$8,345,297,019	+7.7%	$7,749,153,430	+104.3%	$3,793,239,874	-10.8%	$4,252,449,359	+27.7%	$3,330,655,169	+47.9%	$2,251,714,899
Net Debt / Equity	3.01×	-2.2%	3.08×	+11.7%	2.75×	+64.9%	1.67×	+10.1%	1.52×	+93.5%	0.78×	-69.9%	2.61×	-3.0%	2.69×	-12.0%	3.05×	-17.8%	3.71×	+7.3%	3.46×	+0.4%	3.45×	-7.4%	3.72×	+69.7%	2.19×	+20.3%	1.82×	-6.5%	1.95×	+15.5%	1.69×	+87.7%	0.90×	-30.2%	1.29×	+4.7%	1.23×	-39.6%	2.04×
Net Debt / EBITDA	7.33×	+29.8%	5.65×	+14.5%	4.93×	+44.9%	3.40×	+16.0%	2.93×	+325.4%	0.69×	-74.1%	2.67×	-49.7%	5.31×	+36.5%	3.89×	-34.6%	5.94×	-50.5%	12.00×	+68.1%	7.14×	+16.4%	6.14×	+26.1%	4.87×	-49.5%	9.64×	+325.4%	2.27×	+13.5%	2.00×	-7.2%	2.15×	+93.0%	1.11×	-51.4%	2.29×	+102.2%	1.13×
Debt / Equity	4.01×	-4.5%	4.20×	-9.8%	4.65×	+79.9%	2.59×	+21.3%	2.13×	+33.0%	1.60×	-55.6%	3.61×	+29.2%	2.80×	-15.6%	3.31×	-21.1%	4.20×	+1.9%	4.12×	-7.8%	4.47×	-14.7%	5.25×	+53.1%	3.43×	-2.1%	3.50×	-9.8%	3.88×	+28.1%	3.03×	+64.3%	1.84×	-21.8%	2.36×	+40.1%	1.68×	-48.5%	3.27×
Current ratio	1.11×	+2.7%	1.08×	-31.8%	1.58×	+19.8%	1.32×	-2.9%	1.36×	-4.4%	1.43×	-10.3%	1.59×	+45.0%	1.10×	+4.3%	1.05×	-5.7%	1.11×	-50.8%	2.26×	-26.6%	3.09×	+23.2%	2.50×	-15.0%	2.95×	-10.6%	3.30×	-2.4%	3.38×	-4.7%	3.54×	+8.3%	3.27×	+70.7%	1.92×	+17.7%	1.63×	-31.6%	2.38×
Return on equity (ROE)	-19.2%	-4.0 p.p.	-15.3%	+5.9 p.p.	-21.1%	-19.3 p.p.	-1.8%	-9.8 p.p.	8.0%	-52.4 p.p.	60.3%	+22.1 p.p.	38.3%	+20.7 p.p.	17.6%	-42.2 p.p.	59.8%	+59.6 p.p.	0.1%	+12.8 p.p.	-12.7%	-29.1 p.p.	16.4%	+18.4 p.p.	-2.0%	-8.3 p.p.	6.3%	+11.2 p.p.	-4.9%	-51.3 p.p.	46.4%	+13.4 p.p.	33.0%	+2.6 p.p.	30.4%	-49.7 p.p.	80.0%	+16.7 p.p.	63.4%	-26.0 p.p.	89.4%
Return on assets (ROA)	-2.5%	-0.5 p.p.	-2.0%	+0.5 p.p.	-2.5%	-2.1 p.p.	-0.3%	-2.2 p.p.	1.8%	-13.6 p.p.	15.4%	+9.4 p.p.	6.0%	+2.5 p.p.	3.5%	-7.5 p.p.	11.0%	+11.0 p.p.	0.0%	+2.1 p.p.	-2.1%	-4.7 p.p.	2.6%	+2.8 p.p.	-0.2%	-1.2 p.p.	1.0%	+1.9 p.p.	-0.9%	-8.8 p.p.	7.9%	+1.3 p.p.	6.7%	-0.0 p.p.	6.7%	-10.2 p.p.	16.9%	+2.8 p.p.	14.1%	+1.5 p.p.	12.6%
Book value / share	$1.85	+4.4%	$1.77	+18.3%	$1.50	-44.9%	$2.72	-2.1%	$2.78	+4.9%	$2.65	+91.5%	$1.38	-24.6%	$1.84	+12.8%	$1.63	+4.1%	$1.56	-6.5%	$1.67	+17.2%	$1.43	-9.6%	$1.58	-32.9%	$2.35	-18.6%	$2.89	-1.6%	$2.94	-6.8%	$3.15	+11.4%	$2.83	+31.3%	$2.15	+22.5%	$1.76	+157.8%	$0.68

Newest column (“Last 12M”) = trailing 12 months, the last 4 reported quarters — shown with the quarter range it spans; earlier columns are full fiscal years.

Net Debt & Leverage

Free Cash Flow

Margins

Dividend Payout Ratio

Capex ÷ Revenue

Cash Conversion (operating cash flow ÷ net income)

Ratios computed from company financial statements. Net Debt = total debt − cash & equivalents; FCF = operating cash flow − capital expenditure; absolute values in USD.

Valuation & Dividends

Dividend History

Dividends and yield from Yahoo Finance (per ADR share, in US dollars). The current-year figures are calendar year-to-date (dividends actually paid this year), not the trailing 12 months.

Listings

CSN (SID Nacional) trades on 4 exchanges. Prices on this page are the NYSE ADR (SID).

Exchange	Ticker	Currency
NYSEpriced here	SID	USD
B3 (São Paulo)	CSNA3	BRL
Mexico (BMV)	SID	MXN
Buenos Aires (BYMA)	SID	ARS

Frequently Asked Questions

Why hold CSN (SID Nacional) SID ADR instead of local B3 CSNA3 shares?

Buying directly on Brazil’s B3 exchange means opening a local brokerage account, converting currency and dealing with Brazilian tax paperwork. ADRs remove that friction: they settle in dollars, follow US market hours, and report in formats foreign investors already understand.

The trade-off is that an ADR’s price reflects two moving parts: (1) the underlying share price, quoted in reais on the B3, and (2) the USD/BRL exchange rate. Because of that second part, a rising company can still deliver a flat, or even negative, dollar return if the real weakens against the dollar. The same applies to ETFs: funds such as EWZ, EWZS and FLBR bundle dozens of these companies into a single ticker for instant diversification, but their dollar value still moves with the real.

Where is CSN (SID Nacional) listed?

CSN (SID Nacional) trades on 4 exchanges. The line quoted on this page is NYSE in the United States (SID, US dollars). It also trades on B3 (São Paulo) in Brazil (CSNA3, Brazilian reais), Mexico (BMV) in Mexico (SID, Mexican pesos) and Buenos Aires (BYMA) in Argentina (SID, Argentine pesos).

On how many exchanges does CSN (SID Nacional) trade?

4. NYSE — SID (USD) · B3 (São Paulo) — CSNA3 (BRL) · Mexico (BMV) — SID (MXN) · Buenos Aires (BYMA) — SID (ARS). Prices shown on this page are the NYSE line, SID.

What is CSN (SID Nacional)'s primary listing?

CSN (SID Nacional)'s primary listing is on the B3 in Brazil, where the shares trade as CSNA3 in reais — the company's home market. The NYSE line quoted on this page is an ADR over those same shares: it gives you the asset in US dollars, on US market hours, without opening a Brazilian brokerage account or trading in reais.

What is the difference between SID and CSNA3?

They are the same company and, economically, the same asset. CSNA3 is the original Brazilian share, listed on the B3 and quoted in reais. SID is an American Depositary Receipt over that share, listed on the NYSE and quoted in US dollars — a wrapper whose purpose is to give foreign investors access to the Brazilian asset without opening an account in Brazil. The SID price therefore tracks two things: CSNA3 in reais, and the USD/BRL exchange rate.

How can I buy CSN (SID Nacional) stock in the United States?

CSN (SID Nacional) is listed on the NYSE under SID, priced in US dollars. Any US brokerage offering NYSE-listed securities can trade it, with no foreign-account paperwork and no currency conversion.

As of Fri, Aug 14, 17:00 BRT · Market closed

Financial data last updated: August 6, 2026

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CSN (SID Nacional) (NYSE: SID)

Performance

About CSN (SID Nacional)

Analyst Ratings

Financial Results

Financial Health

Valuation & Dividends

Listings

Frequently Asked Questions

Why hold CSN (SID Nacional) SID ADR instead of local B3 CSNA3 shares?

Where is CSN (SID Nacional) listed?

On how many exchanges does CSN (SID Nacional) trade?

What is CSN (SID Nacional)'s primary listing?

What is the difference between SID and CSNA3?

How can I buy CSN (SID Nacional) stock in the United States?

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CSN (SID Nacional) (NYSE: SID)

Performance

About CSN (SID Nacional)

Analyst Ratings

Financial Results

Financial Health

Valuation & Dividends

Listings

Frequently Asked Questions

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News & analysis mentioning SID

The Historical Parallels of the 2026 US-Brazil Tariffs

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