National Steel Return on Equity (ROE) Growth & History (SID)
National Steel's return on equity was −15.93% for fiscal 2025.
View full National Steel company overviewNational Steel annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −15.93% | −5.59 pp |
| 2024 | 2024-12-31 | −10.33% | −12.51 pp |
| 2023 | 2023-12-31 | 2.18% | −8.71 pp |
| 2022 | 2022-12-31 | 10.89% | −79.06 pp |
| 2021 | 2021-12-31 | 89.95% | +47.21 pp |
| 2020 | 2020-12-31 | 42.74% | +18.96 pp |
| 2019 | 2019-12-31 | 23.78% | −42.34 pp |
| 2018 | 2018-12-31 | 66.12% | +64.44 pp |
| 2017 | 2017-12-31 | 1.68% | −11.16 pp |
| 2016 | 2016-12-31 | 12.84% | — |
National Steel quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −6.35% | −5.12 pp |
| Q1 2026 | 2026-03-31 | −4.79% | +0.10 pp |
| Q4 2025 | 2025-12-31 | −8.00% | — |
| Q3 2025 | 2025-09-30 | −0.98% | — |
| Q2 2025 | 2025-06-30 | −1.23% | — |
| Q1 2025 | 2025-03-31 | −4.88% | — |
National Steel return on equity trends
Over the last five fiscal years, National Steel's return on equity decreased from 42.74% to −15.93%, a change of −58.66 percentage points. The latest reported quarter, Q2 2026, shows −6.35%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review National Steel source filings ↗