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Dados B3 › Stocks › USIM5

Basic Materials

USINAS SID DE MINAS GERAIS S.A.-USIMINAS

USIM5 — USINAS SID DE MINAS GERAIS S.A.-USIMINAS

The latest full year with dividends on record for USIM5 is 2024: R$ 0.28 per share (dividends + interest on equity, gross; record date within the year).

CNPJ 60.894.730/0001-05 · listed classes: USIM5, USIM16, USIM3, USIM6 · CVM code 14320

Venda de produtos siderúrgicos, como Chapas Grossas, Laminados a quente, a frio, placas, galvanizados, entre outros.As filed by the company in its registration form (FCA), reference 2026-01-01 · CVM sector: Metalurgia e Siderurgia

Nível 1 de Governança Corporativalisting segment
1954founded
Belo Horizonte · MGheadquarters
Privadocontrol
Banco Bradesco S.A.share registrar
Ernst & Young Auditores Independentes S/S Ltda.auditor
usiminas.cominvestor site
R$ 80.8 mavg. daily traded value (63 sessions)

Verdict

Net margin -11.1%; ROIC -3.6%; negative EBITDA; P/E does not apply (negative profit); 2025 data, no relevant restatement.

Confidence flag: Clean data

Data for fiscal year 2025, received by the CVM on 2026-02-13; 3 of the 5 core figures published; last restatement recorded in 2022.

Does the company make money?

Is it sound or indebted?

Is the share expensive or cheap relative to the sector and its own history?

Descriptive: number, numeric band and comparison with the sector, the company's own history and the whole universe. Not investment advice. JSON · how the verdict works

Follow USIM5: get an e-mail when profit turns into loss, debt or margin change band, or the statements are restated. That is all, and you can cancel in one click. See every event already recorded for USIM5.

Quick answers: How much has it paid in dividends? · Has profit grown? · Has debt gone up?

Embed these charts (net income and ROE: ready-made cards for your blog or forum)

Quote

R$ 6.33close of 2026-10-22 · B3 (COTAHIST), updated nightly — the price the API, the MCP and the dump serve

1m -10.6% · 12m +28.1% · YTD +6.4% · 52-week R$ 4.94–12.04

15-minute delayed quote, shown by TradingView — display only: it never enters our API, MCP or dump
Close, weekly, 5 years · return -55.9% (-15.1% a year) · not adjusted for splits or dividendsR$ 6.33 2026-10-22
high 2022-01-14: R$ 16.45low 2025-07-18: R$ 3.922026-10-22: R$ 6.33
2021low R$ 3.92 · high R$ 16.452026

Return by window

1 month3 months1 year2 years5 years10 years
Price-10.6%-26.8%+28.1%+2.9%-55.9%+59.8%
With dividends reinvested-10.6%-26.8%+28.1%+2.9%-49.0%+103.9%
Real, net of inflation (IPCA to 09/2026)-10.8%-27.2%+22.6%-6.0%-60.3%+25.8%
R$ 1,000 would be worthR$ 894R$ 732R$ 1,281R$ 1,029R$ 510R$ 2,039

Closing prices from the base up to 2026-10-22. The starting price is adjusted by the corporate actions checked against the price (the small mark says how many); a jump they do not explain leaves the window blank. Reinvestment buys more shares at the close of the ex-date, with no tax or cost; only the main ticker class. The real line divides the reinvested return by the IPCA accumulated in the window (Banco Central series 433, monthly, edge months pro rata by days); the latest month is only published around the 10th of the following month.

Buy-and-hold vs 21×100 moving-average crossover

2021-10-22 → 2026-10-22Return (price)With dividends reinvested…net of the JCP tax (15%)Maximum drawdown (price)
Buy and hold-55.89%-49.01%-49.10%-76.87%
21×100 crossover+1.97%+5.49%+5.49%-38.71%

Closing price adjusted for corporate actions, with dividends, JCP and distributions reinvested on the ex-date, no tax; no costs; a session's crossover signal applies to the next one. Not a recommendation. Same numbers, with the premises and volatility, open, no key: /empresas/USIM5/desempenho.

How much did R$ 1,000 in USIM5 become in 1, 3, 5 and 10 years?

Corporate actions

last day with rightseventmultipliernet effect of the daywhat the price said
2010-09-27stock split (ON and PNA and PNB)2.00× shares—confirmed against the price
2008-04-29bonus issue (ON and PNA and PNB)1.50× shares—no trading on the ex-date
1999-02-01reverse split (ON and PNB)0.005× shares—no trading on the ex-date

Why the price chart jumps: prices are not split-adjusted. Events come from the exchange file (declared) and are checked against the price move; only those marked found by us were detected from the share count and the price. Several events on one day are one operation: the net effect column is what the price must have done. Every field, spin-offs included, is at /empresas/{ticker}/eventos.

Valuation

Today

R$ 7.7 bnmarket value
USIM3 R$ 6.15 × 0.70 bn + USIM5 R$ 6.33 × 0.53 bneach class at its own close (common and preferred)
R$ 7.1 bnenterprise value
+ net debt 2025market value + net debt
R$ -2.50EPS 2025
profit per sharenet income for the year ÷ shares
R$ 16.91BVPS 2025
book value per shareshareholders' equity ÷ shares
0.38P/B 2T26
latest quarterly balancetoday's market value ÷ equity to controlling shareholders at quarter end
-10.3%ROE 12m
to 2T26net income of the last 12 months ÷ average equity over the same 12 months
-9.4%net margin 12m
to 2T26net income ÷ net revenue, both over the last 12 months
3.6P/FCO 2025
FCO R$ 2.2 bnmarket value ÷ operating cash flow
7.7P/FCF 2025
FCF R$ 1.0 bnmarket value ÷ (operating cash flow + capex)
1.23 bnshares outstandinglatest public count, treasury excluded

Snapshot: today's close over the latest public share count. Cards marked 12m use the last four quarterly filings; the others use the 2025 annual filing. The multiples below are point-in-time: priced on the day the filing became public.

At the filing date (point-in-time)

-2.5P/E 2025
price of 2026-02-13 · sector 12.9 · 9 cos. · 1st of 10price ÷ earnings per share for the year
0.4P/B 2025
price of 2026-02-13 · sector 1.2 · 9 cos. · 1st of 10price ÷ book value per share
13.0%FCF yield 2025
price of 2026-02-13 · sector 7.9% · 9 cos. · 4th of 10(operating cash flow + capex) ÷ market value
-13.8%ROE 2025
sector 6.8% · 22 cos. · 18th of 23net income to controlling ÷ average equity
-3.6%ROIC 2025
sector 7.8% · 16 cos. · 17th of 17EBIT × (1 − effective tax rate) ÷ average invested capital (gross debt + total equity − cash − investments), goodwill included — /metodologia/roic
P/E, P/B and EV/EBITDA use the price of 2026-02-13 (R$ 6.32), the first one after the 2025 filing became public on 2026-02-13 — point-in-time, not the 31 December price. 1 caveat

By theme, fiscal year 2025

Valuation

P/Receita todaymarket value ÷ net revenue for the year0.30×
EV/Receita todayenterprise value ÷ net revenue0.27×
Earning yield todaynet income ÷ market value (the inverse of P/E)-39.5%

Debt and liquidity

Dívida líquida/PLnet debt ÷ shareholders' equity-0.02×
Dívida bruta/PLshort- and long-term borrowings ÷ equity0.27×
PL/Ativosequity ÷ total assets0.66×
Passivos/Ativos(total assets − equity) ÷ total assets0.34×
Liquidez correntecurrent assets ÷ current liabilities4.12×

Efficiency

Margem brutagross profit ÷ net revenue8.3%
Margem EBITDAEBITDA ÷ net revenue-0.3%
Margem EBITEBIT ÷ net revenue-5.2%
Margem líquidanet income ÷ net revenue-11.1%

Profitability

ROEnet income to controlling ÷ average equity-13.8%
ROICEBIT × (1 − effective tax rate) ÷ average invested capital (gross debt + total equity − cash − investments), goodwill included-3.6%
ROAnet income ÷ total assets-7.7%
Giro do ativonet revenue ÷ total assets0.74×

Growth

Receita, 1 anorevenue this year ÷ previous year − 11.5%
Receita, CAGR 5 anoscompound annual growth of revenue over 5 years10.3%

Standardized accounts and published indicators of the fiscal year; items marked today divide today's market value or enterprise value by an account of that year.

Indicators, year by year

Four indicators as charts and the full table below. A hollow point carries a caveat; a gap is a year without the figure — we never draw a line across a hole. In the table, the arrow opens the path from the figure down to the line in the regulator's file; a cell with ! carries a caveat; a dashed dash is a suppressed figure — hover to see why. Nothing is hidden.

Fact checklist 5 of 9

Nine objective checks with the threshold written in each line and the figure behind it. Descriptive, not a recommendation; the thresholds are ours and are declared.

ROE-13.8% 2025
2010: 9.0% — no prior year: year-end equity, not the average2011: 1.3%2012: -3.8%2013: -0.9%2014: 0.8%2015: -21.5%2016: -5.0%2017: 1.7%2018: 5.2%2019: 1.5%2020: 4.7%2021: 49.5%2022: 7.2%2023: 5.9%2024: -0.6%2025: -13.8%
20102025
ROIC-3.6%! 2025
2010: 7.1% — no prior year: year-end capital, not the average2011: 2.5%2012: -0.4% — no pre-tax profit to measure the tax rate; 34% used2013: 2.1% — no pre-tax profit to measure the tax rate; 34% used2014: 3.2% — computed tax rate negative; 0% used2015: -11.0% — no pre-tax profit to measure the tax rate; 34% used2016: -0.7% — no pre-tax profit to measure the tax rate; 34% used2017: 3.4%2018: 3.9%2019: 4.2%2020: 11.2%2021: 45.1%2022: 6.7%2023: 3.0% — computed tax rate negative; 0% used2024: 1.2% — no pre-tax profit to measure the tax rate; 34% used2025: -3.6% — no pre-tax profit to measure the tax rate; 34% used
20102025
Net margin-11.1% 2025
2010: 12.2%2011: 3.4%2012: -4.2%2013: 0.1%2014: 1.8%2015: -36.2%2016: -6.8%2017: 2.9%2018: 6.0%2019: 2.5%2020: 8.0%2021: 29.8%2022: 6.4%2023: 5.9%2024: 0.0%2025: -11.1%
20102025
Point-in-time P/E-2.5x! 2025
2020: 26.0x2021: 2.1x2022: 5.6x2023: 4.3x — price 2 years after the year2024: -50.4x — zero or negative earnings: P/E not meaningful2025: -2.5x — zero or negative earnings: P/E not meaningful
20102025

Full table

indicator2010201120122013201420152016201720182019202020212022202320242025sector
ROE ⟶9.0%!1.3%-3.8%-0.9%0.8%-21.5%-5.0%1.7%5.2%1.5%4.7%49.5%7.2%5.9%-0.6%-13.8%6.8%
ROIC ⟶7.1%!2.5%-0.4%!2.1%!3.2%!-11.0%!-0.7%!3.4%3.9%4.2%11.2%45.1%6.7%3.0%!1.2%!-3.6%!7.8%
ROA ⟶5.0%!1.2%-1.6%0.1%0.7%-12.7%-2.1%1.2%3.2%1.4%4.6%29.0%5.3%4.1%0.0%-7.7%2.9%
Gross margin ⟶19.5%10.9%5.2%11.5%8.8%1.7%5.8%15.2%16.1%12.5%20.2%33.4%17.5%6.5%6.4%8.3%22.8%
EBIT margin ⟶16.5%5.8%-1.1%5.5%6.0%-35.6%-2.6%8.2%8.3%6.4%18.2%34.1%8.2%2.9%1.9%-5.2%6.8%
Net margin ⟶12.2%3.4%-4.2%0.1%1.8%-36.2%-6.8%2.9%6.0%2.5%8.0%29.8%6.4%5.9%0.0%-11.1%5.0%
Revenue growth (1y) ⟶—-8.2%6.8%0.9%-8.5%-13.3%-17.0%27.0%28.0%8.8%7.6%109.7%-3.8%-14.9%-6.4%1.5%4.4%
Revenue growth (5y CAGR) ⟶—————-4.7%-6.6%-3.3%1.4%4.9%9.6%31.9%24.8%15.0%11.6%10.3%9.8%
Net debt/EBITDA1.08x2.30x4.00x1.90x2.10x—4.69x2.10x1.91x1.64x0.28x-0.06x0.32x-0.05x0.47x—1.15x
Current ratio ⟶3.48x3.08x2.00x1.86x1.73x1.53x3.66x2.38x2.50x3.07x2.64x3.16x3.78x3.25x3.64x4.12x1.96x

In reais, year by year

The three statements behind the ratios — income statement, balance sheet and cash flow — in the standardized lines, consolidated as filed (or parent-only when that is what the company files). EBITDA and net debt follow the published methodology; gross debt, cash and investments and free cash flow are sums the line names spell out.

line20102011201220132014201520162017201820192020202120222023202420252T26TTM
Income statement
Net revenue (R$ bn)13.011.912.712.811.710.28.510.713.714.916.133.732.527.625.926.36.124.8
Cost of goods and services (R$ bn)-10.4-10.6-12.0-11.4-10.7-10.0-8.0-9.1-11.5-13.1-12.8-22.5-26.8-25.9-24.2-24.1-5.3-22.3
Gross profit (R$ bn)2.51.30.71.51.00.20.51.62.21.93.311.35.71.81.72.20.82.4
EBITDA (R$ bn)3.01.50.91.81.8-2.31.02.12.21.93.912.53.61.91.7-0.1——
Depreciation and amortization (R$ bn)0.80.91.01.11.11.31.21.21.01.01.01.00.91.11.21.3——
EBIT (operating result) (R$ bn)2.10.7-0.10.70.7-3.6-0.20.91.11.02.911.52.70.80.5-1.40.6-1.0
Pre-tax profit (R$ bn)2.20.6-0.6-0.20.2-4.9-0.30.41.20.41.812.33.31.2-0.1-1.50.5-1.0
Income taxes (R$ bn)-0.6-0.10.10.20.01.2-0.3-0.1-0.4-0.1-0.6-2.3-1.20.50.1-1.4-0.1-1.1
Net income (R$ bn)1.60.4-0.50.00.2-3.7-0.60.30.80.41.310.12.11.60.0-2.90.4-2.1
Net income (controlling) (R$ bn)1.60.2-0.6-0.10.1-3.2-0.70.20.70.20.79.11.61.4-0.1-3.10.4-2.3
Balance sheet
Total assets (R$ bn)31.833.432.831.430.527.826.326.026.526.330.039.540.040.239.935.735.135.1
Current assets (R$ bn)12.312.610.89.58.26.96.47.38.38.911.820.020.417.917.416.816.816.8
Current liabilities (R$ bn)3.54.15.45.14.84.51.83.03.32.94.56.35.45.54.84.13.83.8
Gross debt (short + long term) (R$ bn)7.88.88.26.86.77.96.96.65.85.16.06.36.25.96.86.46.26.2
Cash and investments (R$ bn)4.65.24.73.52.92.02.32.31.71.94.97.05.16.06.06.96.86.8
Net debt (R$ bn)3.23.63.43.43.85.84.74.34.23.21.1-0.71.1-0.10.8-0.6——
Shareholders' equity (R$ bn)19.019.018.518.818.815.015.215.215.715.616.824.425.926.526.723.723.623.6
Cash flow
Operating cash flow (R$ bn)1.3-0.53.41.11.20.1-0.30.90.52.03.85.31.04.61.02.2——
Capital expenditures (R$ bn)-3.2-2.5-1.7-1.0-1.2-0.8-0.2-0.2-0.4-0.7-0.8-1.5-2.1-3.0-1.0-1.2——
Free cash flow (FCO + capex) (R$ bn)-1.9-3.01.70.10.0-0.7-0.50.70.11.33.03.8-1.11.6-0.01.0——

The two right-hand columns come from the quarterly filing (ITR): the latest quarter alone and the last 12 months (TTM) built by the same identity as the TTM P/E. EBITDA and net debt have no quarterly series here.

The current year, quarter by quarter

As the company filed it in its interim report. The fourth quarter does not exist on its own in that filing — the closed year comes in the annual one, and we do not derive a Q4, so that a figure we computed never sits beside the figures the company reported. Filed on is the date the report became public, and the price is taken from it.

quarterrevenue (R$ m)profit (R$ m)net marginP/E TTMP/Bfiled on
2024T1!6,222.835.60.6%13.00.472024-04-23
2024T2!6,349.6-99.7-1.6%18.00.332024-07-26
2024T3!6,817.1184.62.7%10.10.342024-10-25
2025T16,857.7337.04.9%50.90.302025-04-24
2025T26,626.4127.61.9%13.70.212025-07-25
2025T3!6,604.2-3,503.3-53.0%-1.80.292025-10-24
2026T1!5,871.0896.115.3%-3.60.462026-04-24
2026T2!6,131.4428.27.0%-4.00.452026-07-30

Full series, every quarter: GET /empresas/USIM5/trimestres

Dividends

No ex-date or payment scheduled in the base (exchange announcements through 2026-10-21 · filings to the regulator through 2026-10-15).

The latest dividend by USIM5 was a dividend of R$ 0.2831 per share (record date 2024-04-25). In the last 12 months: 0 payments adding up to R$ 0.0000 per share. Average yield of the last 5 full years: 6.8% (median 7.1%).

typerecord dateex-datepaymentper share
dividend2024-04-252024-04-26—R$ 0.2831
dividend2023-04-272023-04-28—R$ 0.3288
dividend2022-04-282022-04-29—R$ 0.6291
JCP2021-12-152021-12-16—R$ 0.1930
dividend2021-08-312021-09-01—R$ 0.7113
JCP2021-08-312021-09-01—R$ 0.3845
dividend2021-05-252021-05-26—R$ 0.0050
dividend2021-04-292021-04-30—R$ 0.1319
dividend2020-04-282020-04-29—R$ 0.0435
JCP2019-07-032019-07-04—R$ 0.0113
dividend2019-04-232019-04-24—R$ 0.0689
JCP2019-01-072019-01-08—R$ 0.0792
dividend2018-04-252018-04-26—R$ 0.0475
dividend2015-04-282015-04-29—R$ 0.0327
JCP2012-03-192012-03-20—R$ 0.0866
JCP2011-03-212011-03-22—R$ 0.1506
JCP2010-12-292010-12-30—R$ 0.1892
JCP2010-10-072010-10-08—R$ 0.2445
dividend2010-03-252010-03-26—R$ 0.1537
JCP2009-12-292010-01-04—R$ 0.6543
JCP2009-08-032010-01-04—R$ 0.1909
dividend2009-03-052010-01-04—R$ 0.4968
JCP2008-12-292010-01-04—R$ 0.7966
dividend2008-08-202010-01-04—R$ 0.3085

Ex-date is the first trading session after the record date, from our own price history. Payment date comes from the exchange file; CVM marks a date taken from the filing to the regulator. Only the main ticker class.

Record dates in the last 5 years, by month: JanFebMarApr3MayJunJulAugSepOctNovDec1

Per year

yearper sharepaymentsyield
2024R$ 0.283115.3%
2023R$ 0.328813.5%
2022R$ 0.629118.8%
2021R$ 1.425759.4%
2020R$ 0.043510.3%
2019R$ 0.159431.7%
2018R$ 0.047510.5%
2015R$ 0.032712.1%
2012R$ 0.086610.7%
2011R$ 0.150611.5%

Yield per year = the year's dividends over the close of its last session; the current year is partial.

Shareholders and free float

54.75%free float
686,063,421 sharesshares outstanding held by the market, as filed in the FRE
115,411shareholders
114,137 individuals · 1,020 companies · 254 institutionalcount at the last shareholders meeting, from the FRE
Ternium Investiments S.àr.l +4controlling shareholder
as declared in the FREshareholders the company marks as controlling
80% ONtag along (minimum)
Nível 1 de Governança Corporativaminimum guaranteed by the listing segment or by law; the bylaws may grant more
shareholdertype% ON% PN% total
Ternium Investiments S.àr.l ctrl agreementPJ56.20%1.27%32.19%
Confab Industrial S.A. ctrl agreementPJ6.74%0.23%3.89%
Prosid Investiments S.C.A. ctrl agreementPJ5.39%0.19%3.12%
VERA CRUZ FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕESPJ5.14%0.09%2.93%
Previdência Usiminas ctrl agreementPJ4.84%0.00%2.72%
Kapitalo Investimentos Ltda.PJ0.00%6.11%2.67%
PLURAL INVESTIMENTOS GESTÃO DE RECURSOS LTDA.PJ0.00%5.05%2.21%
BlackRock, Inc.PJ0.00%5.04%2.20%
TERNIUM ARGENTINA SA ctrl agreementPJ2.69%0.09%1.56%
Others (market)———44.75%
Treasury shares———1.77%

Direct holdings from the reference form (FRE) filed on 2026-10-15, version 8. The chain of control (who owns the holding) is not reproduced here. Names of individuals appear as in the public filing.

Filings and notices

filedcategorysubjectdocument
2026-10-13Comunicado ao Mercado · Aquisição/Alienação de Participação Acionária (art. 12 da Instr. CVM nº 358)—open
2026-10-06Valores Mobiliários negociados e detidos (art. 11 da Instr. CVM nº 358) · Posição Consolidada—open
2026-09-03Valores Mobiliários negociados e detidos (art. 11 da Instr. CVM nº 358) · Posição Consolidada—open
2026-08-25Comunicado ao Mercado · Esclarecimentos sobre questionamentos da CVM/B3Esclarecimentos sobre notícia divulgada na mídiaopen
2026-08-19Comunicação sobre Transação entre Partes RelacionadasContrato entre Usiminas, Exiros B.V. ("Exiros"), e Exiros Br Ltda. ("Exiros Brasil")open
2026-08-18Relatório de Sustentabilidade—open
2026-08-06Valores Mobiliários negociados e detidos (art. 11 da Instr. CVM nº 358) · Posição Consolidada—open
2026-07-31Relatório de Sustentabilidade—open
2026-07-31Comunicado ao Mercado · Outros Comunicados Não Considerados Fatos RelevantesDivulgação do relatório de sustentabilidade 2025 e atualização da meta de descarbonização.open
2026-07-30Fato RelevanteAlteração na projeção de investimentosopen

The last filings this company sent to the CVM outside its financial statements, newest first, from the regulator's own IPE index. The subject line is the company's own free text. We do not summarise or classify these documents — read the original.

Piotroski F-Score 6/9 (2025) — what each criterion means.

Restated filings for this company

The regulator overwrites the old version; we keep both. Figures in R$ millions: first filing on the left, restatement on the right.

fiscal yearaccountfirst filingrestated
2022BPA 1.01.012,916.04,258.0
2022BPA 1.01.022,156.3814.4
2012DFC_MI 6.013,409.12,439.8
2010BPA 1.01.014,553.94,145.8
2010BPA 1.01.02no value in the file397.8
2014DFC_MI 6.011,218.61,411.6
2012DRE 3.02-12,048.3-12,229.7
2012DRE 3.03660.5481.2

Every restatement of this company, year by year

This company appears in

Compare

Side by side, with each figure's caveat and how often each company restated its filings.

USIM5 × VALE3 · USIM5 × SUZB3 · USIM5 × CSNA3 · USIM5 × GGBR4 · USIM5 × BRKM5 · USIM5 × CMIN3

compare with the sector: GGBR4 × CSNA3 × USIM5

Other companies in Basic Materials

31 more with a page, same CVM sector — a classification of the regulator's, not ours.

Take this into your code

Everything on this page is also JSON: GET /empresas/USIM5/indicadores. WEGE3 is open for testing without a key; for the rest, create a free key (200 calls/day, no card).

Price coverage: 4,169 sessions, 2010-01-04 → 2026-10-22 · methodology · how we verify

Sources: CVM (open data, ODbL) and B3 (COTAHIST). Not affiliated with B3 or the CVM. Not investment advice.

Numbers on this page are live. Data version 2026-10-18-pl-classe-versoes · page generated 2026-10-23 12:45 UTC. If this does not match /saude, you are reading a cached copy.