Companhia Siderurgica Nacional ADR (SID) financial statements

Basic Materials · Steel · Market cap $1.8B

Companhia Siderurgica Nacional ADR reported revenue of 43.7B BRL in fiscal 2024, up 12.4% a year over 9 years.

Net income was -2.6B BRL and the operating margin 9.8%, against 33.1% in 2015.

Free cash flow was 3.2B BRL, and the company returned 2.5B BRL in dividends.

The diluted share count fell 96% over the period (buybacks).

Revenue and free cash flow

Fiscal years, $ billions (BRL).

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<p style="font-size:13px">Source: <a href="https://investingly.io/stocks/SID/financials">Companhia Siderurgica Nacional ADR financials</a> on Investingly</p>

Income statement

Fiscal years, in BRL, from Companhia Siderurgica Nacional ADR's 10-K filings with the SEC.

Fiscal year	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Revenue	15.3B BRL	17.1B BRL	18.5B BRL	23.0B BRL	25.4B BRL	30.1B BRL	47.9B BRL	44.4B BRL	45.4B BRL	43.7B BRL
Cost of revenue	11.7B BRL	12.6B BRL	13.6B BRL	16.1B BRL	17.3B BRL	19.1B BRL	25.8B BRL	31.1B BRL	33.5B BRL	32.0B BRL
Gross profit	3.5B BRL	4.5B BRL	4.9B BRL	6.9B BRL	8.2B BRL	10.9B BRL	22.1B BRL	13.3B BRL	12.0B BRL	11.7B BRL
Selling, general and admin	-470M BRL	-509M BRL	425M BRL	500M BRL	511M BRL	504M BRL	587M BRL	674M BRL	761M BRL	856M BRL
Operating income	5.1B BRL	1.9B BRL	3.0B BRL	6.9B BRL	3.5B BRL	5.7B BRL	20.5B BRL	7.6B BRL	5.2B BRL	4.3B BRL
Interest expense	3.9B BRL	3.2B BRL	2.8B BRL	2.8B BRL	2.5B BRL	2.6B BRL	3.1B BRL	3.4B BRL	5.8B BRL	7.2B BRL
Pre-tax income	1.7B BRL	-577M BRL	520M BRL	5.5B BRL	1.4B BRL	4.9B BRL	18.6B BRL	4.1B BRL	1.0B BRL	-1.5B BRL
Income tax	2.9B BRL	267M BRL	409M BRL	250M BRL	-834M BRL	626M BRL	5.0B BRL	2.0B BRL	—	—
Net income	-1.2B BRL	-935M BRL	10M BRL	5.1B BRL	1.8B BRL	3.8B BRL	12.3B BRL	1.6B BRL	-318M BRL	-2.6B BRL
EPS (diluted)	-0.89 BRL	-0.69 BRL	0.01 BRL	3.69 BRL	1.30 BRL	2.75 BRL	8.91 BRL	1.17 BRL	-0.24 BRL	-1.95 BRL
Diluted shares	1.36B	1.36B	1.36B	1.37B	1380.11B	1380.11B	1376.36B	105M	105M	53M
Gross margin	23.1%	26.3%	26.6%	29.9%	32.1%	36.4%	46.1%	30.0%	26.3%	26.8%
Operating margin	33.1%	11.3%	16.1%	30.2%	13.9%	19.0%	42.9%	17.2%	11.4%	9.8%
Net margin	-8.0%	-5.5%	0.1%	22.1%	7.0%	12.6%	25.6%	3.5%	-0.7%	-5.9%

Balance sheet

Fiscal years, in BRL, from Companhia Siderurgica Nacional ADR's 10-K filings with the SEC.

Fiscal year	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Cash and short-term investments	7.9B BRL	5.6B BRL	4.1B BRL	3.1B BRL	3.7B BRL	13.7B BRL	19.3B BRL	13.4B BRL	17.6B BRL	24.2B BRL
Receivables	—	2.0B BRL	2.2B BRL	2.1B BRL	2.0B BRL	2.9B BRL	2.6B BRL	3.2B BRL	3.3B BRL	2.9B BRL
Inventory	—	4.0B BRL	4.5B BRL	5.0B BRL	5.3B BRL	4.8B BRL	10.9B BRL	11.3B BRL	9.6B BRL	10.4B BRL
Total current assets	—	12.4B BRL	11.9B BRL	12.0B BRL	12.7B BRL	23.4B BRL	35.0B BRL	—	—	—
Property, plant and equipment	17.8B BRL	18.1B BRL	18.0B BRL	18.0B BRL	19.7B BRL	21.5B BRL	26.4B BRL	26.4B BRL	27.9B BRL	30.4B BRL
Goodwill	—	3.6B BRL	3.6B BRL	3.6B BRL	—	—	—	11M BRL	—	—
Total assets	—	44.2B BRL	45.2B BRL	47.3B BRL	50.9B BRL	63.0B BRL	79.4B BRL	85.4B BRL	91.5B BRL	103.9B BRL
Total current liabilities	—	5.5B BRL	10.7B BRL	11.4B BRL	11.6B BRL	14.7B BRL	24.5B BRL	22.5B BRL	25.0B BRL	25.1B BRL
Long-term debt	—	28.3B BRL	23.0B BRL	23.2B BRL	22.8B BRL	31.1B BRL	27.0B BRL	35.7B BRL	37.2B BRL	48.1B BRL
Total liabilities	—	36.8B BRL	36.9B BRL	37.3B BRL	420M BRL	344M BRL	56.0B BRL	63.5B BRL	71.8B BRL	88.4B BRL
Shareholders' equity	7.1B BRL	6.2B BRL	7.0B BRL	8.7B BRL	10.2B BRL	9.9B BRL	20.3B BRL	19.5B BRL	17.5B BRL	12.3B BRL
Net debt	-7.9B BRL	25.6B BRL	26.1B BRL	26.6B BRL	26.9B BRL	25.3B BRL	15.9B BRL	28.9B BRL	28.8B BRL	33.6B BRL

Cash flow

Fiscal years, in BRL, from Companhia Siderurgica Nacional ADR's 10-K filings with the SEC.

Fiscal year	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Operating cash flow	5.1B BRL	276M BRL	572M BRL	2.2B BRL	4.9B BRL	9.6B BRL	14.8B BRL	2.0B BRL	7.3B BRL	8.7B BRL
Capital spending	1.6B BRL	1.6B BRL	1.1B BRL	1.3B BRL	2.2B BRL	1.7B BRL	2.9B BRL	3.4B BRL	4.4B BRL	5.5B BRL
Free cash flow	3.5B BRL	-1.4B BRL	-488M BRL	889M BRL	2.7B BRL	7.9B BRL	11.9B BRL	-1.3B BRL	2.9B BRL	3.2B BRL
Dividends paid	550M BRL	53,000 BRL	0 BRL	502M BRL	1.9B BRL	309M BRL	3.3B BRL	3.8B BRL	4.0B BRL	2.5B BRL
Share buybacks (net)	9M BRL	—	—	-181M BRL	—	—	-879M BRL	-397M BRL	—	—
Net borrowing	-2.0B BRL	-376M BRL	-994M BRL	-2.9B BRL	-1.7B BRL	1.6B BRL	-4.8B BRL	9.4B BRL	5.7B BRL	3.2B BRL
Free cash flow margin	22.6%	-7.9%	-2.6%	3.9%	10.4%	26.3%	24.9%	-3.0%	6.3%	7.2%
Dividends per share	0.41 BRL	0.00 BRL	—	0.37 BRL	0.00 BRL	0.00 BRL	0.00 BRL	35.64 BRL	37.77 BRL	47.57 BRL

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Questions

What was Companhia Siderurgica Nacional ADR's revenue in 2024?

43.7B BRL in fiscal 2024, from its 10-K filing.

How much free cash flow does Companhia Siderurgica Nacional ADR generate?

3.2B BRL in fiscal 2024 (operating cash flow minus capital spending).

From Companhia Siderurgica Nacional ADR's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.