Nucor (NUE)
Materials · $55.2B market cap · SEC CIK 0000073309
$245.66
▲+1.34% on the day
close of Sep 22, 2026
56
Mixed
fundamentals score out of 100
fundamentals score out of 100
Next reports on Oct 26, 2026, after the close, with analysts expecting $5.95 in earnings per share.
The case for NUE
- Revenue growing 12.3% year over year.
- Earnings per share up 79.2%.
- A PEG of 0.30: a P/E of 23.7× is low for EPS growing 79%.
- Has compounded revenue at 10.0% a year over five years.
- Barely leveraged. Debt is 0.33× equity.
- Current assets cover the near-term bills 2.9 times over.
The case against
- Burned $188M of free cash in FY2025.
- Swings harder than the market (beta 1.88).
What the score is made of
Each factor is half a curve over reported figures and half a rank among the other Materials companies (momentum is judged against fixed thresholds only), and the five are blended by weight. It describes the last filing and the current price. It is not a forecast.
| Valuewhat you pay for the earnings, sales, assets and cash | 56 |
|---|---|
| Growthhow fast revenue and earnings are moving, this year and over five | 76 |
| Profitabilityhow much of the revenue becomes profit, and how much of that is cash | 38 |
| Momentumhow the price has behaved lately | 72 |
| Stabilityhow violently it moves, what it owes and what it pays you | 32 |
- Each factor except momentum is half fixed thresholds, half rank among the 26 Materials companies.
Key numbers
| Price / earnings | 23.7× |
|---|---|
| Price / book | 1.80× |
| Price / sales | 1.6× |
| Revenue growth (YoY) | +12.3% |
| EPS growth (YoY) | +79.2% |
| Gross margin | 14% |
| Operating margin | 10% |
| Net margin | 7% |
| Return on equity | 11% |
| Debt / equity | 0.33× |
| Current ratio | 2.90 |
| Dividend yield | 1.30% |
| Beta | 1.88 |
| 52-week range | $131.32 – $280.11 |
| Position in that range | 77% of the way up |
| 3-month return | -0.6% |
| 1-year return | +81.8% |
Five years of financials, as filed
Pulled from Nucor's XBRL filings on SEC EDGAR. Italic rows are derived from the rows above.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $32.5B | $30.7B | $34.7B | $41.5B | $36.5B |
| Net income | $1.7B | $2.0B | $4.5B | $7.6B | $6.8B |
| Operating cash flow | $3.2B | $4.0B | $7.1B | $10.1B | $6.2B |
| Capital expenditure | $3.4B | $3.2B | $2.2B | $1.9B | $1.6B |
| Total assets | $35.1B | $33.9B | $35.3B | $32.5B | $25.8B |
| Total liabilities | $13.0B | $12.5B | $13.2B | $12.9B | $11.2B |
| Shareholder equity | $20.9B | $20.3B | $20.9B | $18.4B | $14.0B |
| Cash | $2.3B | $3.6B | $6.4B | $4.3B | $2.4B |
| Free cash flow | -$188M | $806M | $4.9B | $8.1B | $4.6B |
| Net margin | 5.4% | 6.6% | 13.0% | 18.3% | 18.7% |
| Diluted shares | 231M | 239M | 250M | 263M | 293M |
Share count is down 21.3% over 4 years. Buybacks have been shrinking the pie.
Risk factors NUE lists in its 10-K
- Evaluating Our Operating Performance
- Marketing, Administrative and Other Expenses
- Equity in Earnings of Unconsolidated Affiliates
- Earnings Before Income Taxes and Noncontrolling Interests
- Selected Measures of Liquidity and Capital Resources
- Contractual Obligations and Other Commercial Commitments
- Critical Accounting Policies and Estimates
- Cautionary Note Regarding Forward-Looking Statements
- Management’s Report on Internal Control Over Financial Reporting
- Report of PricewaterhouseCoopers LLP Independent Registered Public Accounting Firm
- Consolidated Statements of Earnings
- Consolidated Statements of Comprehensive Income
- Consolidated Statements of Stockholders’ Equity
- Consolidated Statements of Cash Flows