Nucor Corporation

Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)

NUEMixed9 of 11 basics passed

$250.83

+1.91%

Market cap $56.9B

$250.83

+1.91%

Market cap $56.9B

Nucor Corp manufactures steel and steel products. The company's reportable segments are steel mills, steel products, and raw materials.

It is a $56.9B industrial company. Revenue grew 17.2% over the last year, it keeps 8¢ of every dollar of sales as profit, and its net debt equals ~2.7 years of free cash flow. It trades at 24.4× earnings.

Website: nucor.com
Location: Charlotte, NC
Employees: 33 000
Sector: Industrials

Share price · 3 years

$155.90 → $250.83+60.9%

price only — dividends excluded

Key facts · TTM

Revenue: total sales; $36.1B
Profit: keeps 8¢ of every $1 sold; $2.88B
Free cash flow: cash left after running the business; $1.58B
Net debt: debt minus cash on hand; $4.33B
P/E: years of profit in the price; 24.4
EPS: earnings per share, TTM; $12.44
Dividend: pays out 22% of profit · 32% of FCF; 0.90%
Shares: down 24% since 2019 — buybacks; 231.9M
Volatility: beta vs the market — under 1 swings less; 1.88

Revenue, last 10 years

52-week range

Low $131.78$250.83High $274.74

Today's price is 83% of the way from the year's low to its high.

Valuation vs own history

P/E

19.7×

21%

P/S

1.6×

EV/EBITDA

14.8×

21%

P/B

2.4×

14%

FCF yield

2.8%

15%

Share of the last ~5 years that was pricier than today (unusually expensive vs its own history). Based on the daily valuation record.

Insider activity · 90 days

-$11.2Mnet selling

Purchases$0

Sales$11.2M

Insiders trading, last 14d0 buy · 0 sell

Standing in Industrials

Size$56.9Btop 22%
Revenue growth-8%top 95%
Net margin7%top 68%
Return on equity11%top 79%
P/E24.4×top 42%
Dividend yield0.90%top 61%

Ranked against 130 Industrials companies with a full CV — for P/E, lower ranks higher.

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Strong quality; Profitability and Moat lag behind.

Valuation55

P/E vs own history80th pct · 5/25
FCF yield2.8% · 5/25
P/S1.7x · 25/25
EV/EBITDA13.3x · 20/25

Growth50

Revenue CAGR-2.9% · 0/25
Net income CAGR-28.9% · 0/25
EPS CAGR ~5Y26.1% · 25/25
Fwd implied growth95.6% · 25/25

Profitability42

ROIC6.9% · 5/25
ROE11.2% · 12/25
Net margin8.0% · 13/25
Operating margin10.0% · 12/25

Health62

Altman Zn/a · 0/25
Current ratio2.90 · 25/25
Interest coverage108.0x · 25/25
Net cash / debtD/A 12% · 12/25

Quality75

Piotroski F6/9 · 15/25
Beneish M-2.74 · 25/25
FCF conversion55% · 15/25
Margin stabilityσ 6.9% · 20/25

Moat43

ROIC >12% years5/10 yrs · 13/25
Median gross margin13.0% · 0/25
FCF-positive years9/10 yrs · 18/25
Worst-year net marginworst 3.6% · 12/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

FY2023Financial
Became debt-free
cash now exceeds total debt
FY2022Financial
Best year on record
$7.61B net income
FY2016Financial
Profitable every year on record
10 consecutive profitable years in our data
FY2016Financial
Revenue already above $10B
$16.2B in first reported year
1989Milestone
Nucor opened a facility in Crawfordsville, Indiana, the first mini mill in the world to produce flat rolled…
1968Milestone
Unable to get favorable steel prices from American manufacturers and unhappy with the imported steel…
1962Acquisition
Nuclear purchased Vulcraft from Chase's widow in 1962 and hired F

Achievements

Verifiable track record, straight from the reported numbers.

#30 largest of 130 Industrials companies by market cap

$10 000 invested in 2021 would be worth ~$23 619 today — price return only

$32.5B revenue in FY2025

Revenue up 17.2% year over year

Profitable 10 years in a row

33 000 employees

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

Revenue growing 17.2% year over year
Interest covered 108.0× by operating earnings

Watch-outs

Nothing stands out as a concern in the available data.

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

9 of 11 checks passed

Revenue growing — the company sells more than a year ago+17.2% YoY
Profitable — makes more than it spends$2.88B TTM
Profit growing — earnings are higher than last year-36.1% YoY
Generates cash — cash left after running and investing$1.58B TTM
Debt under control — could handle its obligations~2.7y of cash flow to repay
Established company — not a micro-cap — lower blow-up risk$56.9B market cap
Not printing shares — share count not ballooning — you keep your slice-24.1% shares over ~5y
Proven track record — years of profitability behind it10/10 profitable years
Financially stable — balance sheet not near distresshealth score 50/100
Pays a dividend — returns cash to shareholdersyield 0.90%
Valuation not extreme — price not wildly above earningsP/E 24.4

Peer comparisonNucor Corporation vs 6 largest industrials peers — cap, P/E, growth and margin side by sideOpen ▾

Company	Market cap	P/E	Revenue growth	Net margin	Profile
NUE this company	$56.9B	24.4	+17.2%	8.0%	Mixed
LRCX Lam Research Corp	$399.2B	54.9	+26.0%	31.3%	Strong
CAT Caterpillar Inc.	$368.0B	33.9	+18.4%	14.5%	Solid
RTX RTX Corporation	$251.3B	32.4	+11.8%	8.3%	Strained
DE Deere & Company	$167.7B	34.4	+8.3%	10.2%	Solid
ETN Eaton Corporation, plc	$167.2B	43.6	+15.5%	12.8%	Mixed
UNP Union Pacific Corp.	$166.8B	22.6	+4.2%	28.8%	Strained

Head-to-head: NUE vs LRCX · NUE vs CAT · NUE vs RTX

References

What covering analysts publish about the company — information only, not a recommendation.

Strong buy 5Buy 13Hold 6

Appendix · Financial records

The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.

Profit & lossRevenue $36.1B · net income $2.88B (TTM)Open ▾

Profit & loss

Revenue and profit over the company's career — the income statement, visualised.

How FY2025 revenue flows to profit

RevenueNet income

Revenue (TTM)

$36.1B

YoY 17.2%

Net income (TTM)

$2.88B

Margin 8.0%

Gross margin

14.0%

Operating margin

10.0%

P/E ratio

24.4

Dividend yield

0.90%

Income statement — full detail

Figures in USD billions · EPS in USD

	2020	2021	2022	2023	2024	2025
Revenue	20.1	36.5	41.5	34.7	30.7	32.5
Gross profit	2.2	11.0	12.5	7.8	4.1	3.9
Operating income (EBIT)	0.8	9.2	10.2	6.2	2.9	2.6
Net income	0.7	6.8	7.6	4.5	2.0	1.7
EPS (diluted)	2.36	23.16	28.79	18.00	8.46	7.52

Cash flowFree cash flow $1.58B · operating cash flow $4.42B (TTM)Open ▾

Cash flow statement

Cash generated by the business and what is left after investment — year by year.

Operating cash flowFree cash flow

Free cash flow (TTM)

$1.58B

Margin 4.4%

Operating cash flow (TTM)

$4.42B

FCF margin

4.4%

Cash flow statement — full detail

Figures in USD billions

	2020	2021	2022	2023	2024	2025
Operating cash flow	2.7	6.2	10.1	7.1	4.0	3.2
Capital expenditure	-1.5	-1.6	-1.9	-2.2	-3.2	-3.4
Free cash flow	1.2	4.6	8.1	4.9	0.8	-0.2
FCF margin	5.7%	12.6%	19.6%	14.1%	2.6%	-0.6%

Balance sheetAssets $35.1B · net debt $4.33B (FY2025)Open ▾

Balance sheet

How the balance sheet is built — what it owns versus how it is financed.

How $35.1B of assets is financed

38%

62%

Liabilities $13.0B — borrowed moneyEquity $20.9B — owners' stake

Cash vs debt

Total debt $7.03B − cash $2.70B = net debt $4.33B

Cash on hand covers 38% of debt.

Debt repayment

0.0 yrs

Years of free cash flow to clear net debt

Interest coverage

108.0x

EBIT ÷ interest expense

ROE

11.2%

Profit per $1 of equity

Balance sheet — full detail

Figures in USD billions

	2020	2021	2022	2023	2024	2025
Cash & equivalents	3.0	2.6	4.9	7.1	4.1	2.7
Total assets	20.1	25.8	32.5	35.3	33.9	35.1
Total liabilities	8.9	11.2	12.9	13.2	12.5	13.0
Total debt	5.3	5.1	6.7	6.9	5.9	7.0
Equity	10.8	14.0	18.4	22.1	20.3	20.9
Net debt	2.3	2.5	1.8	-0.2	1.8	4.3

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of NUE on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $250.83 · market cap $56.9B.