Nucor (NUE)
Market Price (12/28/2025): $166.35 | Market Cap: $38.2 BilSector: Materials | Industry: Steel
Nucor (NUE)
Market Price (12/28/2025): $166.35Market Cap: $38.2 BilSector: MaterialsIndustry: Steel
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.7% | Trading close to highsDist 52W High is -0.1% | Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -9.3% |
| Attractive cash flow generationCFO LTM is 3.2 Bil | Weak multi-year price returns2Y Excs Rtn is -49%, 3Y Excs Rtn is -52% | Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.0% |
| Low stock price volatilityVol 12M is 37% | Key risksNUE key risks include significant exposure to [1] volatile scrap steel prices and [2] rising electricity costs, Show more. | |
| Megatrend and thematic driversMegatrends include Circular Economy & Recycling, Sustainable Resource Management, and Sustainable & Green Buildings. Themes include Advanced Recycling Technologies, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.7% |
| Attractive cash flow generationCFO LTM is 3.2 Bil |
| Low stock price volatilityVol 12M is 37% |
| Megatrend and thematic driversMegatrends include Circular Economy & Recycling, Sustainable Resource Management, and Sustainable & Green Buildings. Themes include Advanced Recycling Technologies, Show more. |
| Trading close to highsDist 52W High is -0.1% |
| Weak multi-year price returns2Y Excs Rtn is -49%, 3Y Excs Rtn is -52% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -9.3% |
| Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.0% |
| Key risksNUE key risks include significant exposure to [1] volatile scrap steel prices and [2] rising electricity costs, Show more. |
Why The Stock Moved
Qualitative Assessment
AI Analysis | Feedback
<b>1. Nucor reported a significant beat in its third-quarter 2025 earnings, surpassing analyst expectations.</b> The company's earnings per share (EPS) of $2.63 notably exceeded the projected range of $2.05-$2.15 per share, driven by stronger shipments and reduced pre-operating and startup costs. This positive financial performance likely instilled investor confidence.
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<b>2. The company provided an optimistic outlook for key end markets, particularly for 2026.</b> Management highlighted robust order backlogs for the upcoming year, specifically citing growth in construction-related sectors such as energy, infrastructure, data centers, and manufacturing. Nucor's positioning to capitalize on these trends contributed to a bullish sentiment.
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<b>3. Analysts reacted positively to Nucor's performance and future prospects, leading to upgrades and favorable price targets.</b> Following the strong Q3 2025 results, at least one analyst upgraded Nucor to a "Strong Buy" rating with a price target of $172. The consensus rating for NUE among analysts was a "Moderate Buy."
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<b>4. Nucor demonstrated a commitment to shareholder returns through substantial share repurchases.</b> The company repurchased approximately 0.7 million shares during the fourth quarter of 2025 (up to December 18), at an average price of about $145.23. Year-to-date in 2025, Nucor returned approximately $1.2 billion to shareholders through buybacks and dividends, signaling financial strength and a focus on investor value.
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<b>5. Management anticipated a gradual improvement in broader market conditions, supported by favorable economic policies.</b> Nucor's leadership expressed optimism for an improving market environment, which they believe would be bolstered by supportive monetary, tax, and trade policies. This general positive economic sentiment for the steel sector likely contributed to the stock's upward movement.
Show moreStock Movement Drivers
Fundamental Drivers
The 20.9% change in NUE stock from 9/27/2025 to 12/27/2025 was primarily driven by a 23.2% change in the company's Net Income Margin (%).| 9272025 | 12272025 | Change | |
|---|---|---|---|
| Stock Price ($) | 137.57 | 166.35 | 20.92% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 30806.00 | 31883.00 | 3.50% |
| Net Income Margin (%) | 4.21% | 5.18% | 23.24% |
| P/E Multiple | 24.48 | 23.14 | -5.48% |
| Shares Outstanding (Mil) | 230.60 | 229.90 | 0.30% |
| Cumulative Contribution | 20.92% |
Market Drivers
9/27/2025 to 12/27/2025| Return | Correlation | |
|---|---|---|
| NUE | 20.9% | |
| Market (SPY) | 4.3% | 53.1% |
| Sector (XLB) | 3.8% | 52.3% |
Fundamental Drivers
The 27.6% change in NUE stock from 6/28/2025 to 12/27/2025 was primarily driven by a 17.9% change in the company's Net Income Margin (%).| 6282025 | 12272025 | Change | |
|---|---|---|---|
| Stock Price ($) | 130.35 | 166.35 | 27.62% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 30427.00 | 31883.00 | 4.79% |
| Net Income Margin (%) | 4.40% | 5.18% | 17.90% |
| P/E Multiple | 22.67 | 23.14 | 2.05% |
| Shares Outstanding (Mil) | 232.70 | 229.90 | 1.20% |
| Cumulative Contribution | 27.60% |
Market Drivers
6/28/2025 to 12/27/2025| Return | Correlation | |
|---|---|---|
| NUE | 27.6% | |
| Market (SPY) | 12.6% | 41.4% |
| Sector (XLB) | 5.4% | 55.9% |
Fundamental Drivers
The 44.3% change in NUE stock from 12/27/2024 to 12/27/2025 was primarily driven by a 114.4% change in the company's P/E Multiple.| 12272024 | 12272025 | Change | |
|---|---|---|---|
| Stock Price ($) | 115.24 | 166.35 | 44.35% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 31363.03 | 31883.00 | 1.66% |
| Net Income Margin (%) | 8.05% | 5.18% | -35.62% |
| P/E Multiple | 10.79 | 23.14 | 114.39% |
| Shares Outstanding (Mil) | 236.50 | 229.90 | 2.79% |
| Cumulative Contribution | 44.23% |
Market Drivers
12/27/2024 to 12/27/2025| Return | Correlation | |
|---|---|---|
| NUE | 44.3% | |
| Market (SPY) | 17.0% | 62.7% |
| Sector (XLB) | 10.2% | 66.8% |
Fundamental Drivers
The 29.6% change in NUE stock from 12/28/2022 to 12/27/2025 was primarily driven by a 498.2% change in the company's P/E Multiple.| 12282022 | 12272025 | Change | |
|---|---|---|---|
| Stock Price ($) | 128.40 | 166.35 | 29.56% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 43152.92 | 31883.00 | -26.12% |
| Net Income Margin (%) | 19.93% | 5.18% | -73.99% |
| P/E Multiple | 3.87 | 23.14 | 498.21% |
| Shares Outstanding (Mil) | 259.10 | 229.90 | 11.27% |
| Cumulative Contribution | 27.91% |
Market Drivers
12/28/2023 to 12/27/2025| Return | Correlation | |
|---|---|---|
| NUE | -2.4% | |
| Market (SPY) | 48.0% | 52.3% |
| Sector (XLB) | 10.9% | 61.3% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| NUE Return | -2% | 118% | 17% | 34% | -32% | 44% | 229% |
| Peers Return | 16% | 38% | -12% | 21% | 26% | 16% | 150% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 18% | 114% |
Monthly Win Rates [3] | |||||||
| NUE Win Rate | 50% | 67% | 50% | 50% | 50% | 67% | |
| Peers Win Rate | 52% | 65% | 42% | 68% | 57% | 52% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| NUE Max Drawdown | -50% | -8% | -18% | -1% | -33% | -11% | |
| Peers Max Drawdown | -34% | -5% | -26% | -7% | -9% | -23% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL. See NUE Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)
How Low Can It Go
| Event | NUE | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -41.1% | -25.4% |
| % Gain to Breakeven | 69.8% | 34.1% |
| Time to Breakeven | 129 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -49.5% | -33.9% |
| % Gain to Breakeven | 98.0% | 51.3% |
| Time to Breakeven | 246 days | 148 days |
| 2018 Correction | ||
| % Loss | -33.6% | -19.8% |
| % Gain to Breakeven | 50.6% | 24.7% |
| Time to Breakeven | 568 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -68.9% | -56.8% |
| % Gain to Breakeven | 221.6% | 131.3% |
| Time to Breakeven | 4,543 days | 1,480 days |
Compare to HPQ, HPE, IBM, CSCO, AAPL
In The Past
Nucor's stock fell -41.1% during the 2022 Inflation Shock from a high on 4/21/2022. A -41.1% loss requires a 69.8% gain to breakeven.
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AI Analysis | Feedback
Here are 1-2 brief analogies for Nucor:
- Alcoa, but for steel. (Both are major North American producers of fundamental industrial metals, with significant recycling operations.)
- The 'Tesla' of steel, focusing on electric arc furnaces and recycled materials. (Highlights Nucor's modern, often more sustainable, and efficient production method compared to traditional blast furnace steelmaking.)
AI Analysis | Feedback
- Sheet Steel: Hot-rolled, cold-rolled, and galvanized steel sheets for applications in automotive, construction, and appliances.
- Bar Steel: Includes rebar, merchant bar, and special bar quality steel for construction, manufacturing, and infrastructure.
- Structural Steel: Beams, columns, and other shapes primarily used in non-residential construction and infrastructure projects.
- Plate Steel: Heavy steel plates used in demanding applications such as construction, energy, defense, and heavy equipment manufacturing.
- Steel Joists and Deck: Engineered steel components forming the structural framework for floors and roofs in commercial and industrial buildings.
- Tube Products: Hollow structural sections (HSS) and other steel tubing for construction, mechanical, and automotive industries.
AI Analysis | Feedback
Nucor Corporation (NUE)
Nucor (NUE) primarily sells its steel products to **other companies**, making it a business-to-business (B2B) operation. While Nucor does not publicly disclose the specific names of individual "major customers" due to the diversified nature of its customer base across numerous industries and competitive reasons, it serves a wide array of companies. These customer companies can be broadly categorized as:- Steel Service Centers: These companies act as intermediaries, purchasing various steel products from Nucor (and other mills), processing them further (e.g., cutting, slitting), and then distributing them to a diverse range of smaller manufacturers and end-users.
- Fabricators: Companies that take steel products from Nucor and transform them into finished or semi-finished components and structures. This is particularly prevalent in the nonresidential construction sector for applications such as structural steel, rebar, and metal buildings.
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Manufacturers: Original Equipment Manufacturers (OEMs) across numerous industries that use Nucor's steel as a primary raw material for their products. This includes companies in sectors such as:
- Automotive (e.g., car and truck manufacturers)
- Heavy Equipment (e.g., construction machinery, agricultural equipment)
- Energy (e.g., components for oil and gas infrastructure, renewable energy projects)
- Appliances and other consumer durables
AI Analysis | Feedback
Leon J. Topalian, Chair, President and Chief Executive Officer
Mr. Topalian began his career with Nucor in 1996 as a Project Engineer at Nucor Steel Berkeley. He has held various leadership positions across Nucor's operations, including in Australia, Nucor Steel South Carolina, Nucor Steel Kankakee, and Nucor-Yamato Steel Company. He served as Executive Vice President of Beam and Plate Products from 2017 to 2019, President and Chief Operating Officer in 2019, and became President and Chief Executive Officer in 2020. He was named Chair, President and Chief Executive Officer in 2022.
Stephen D. Laxton, Chief Financial Officer and Executive Vice President
Mr. Laxton started his career at Nucor in 2003 as General Manager of Business Development. He advanced to Vice President of Business Development and Strategic Planning, a role he held from 2014 to 2022. In 2022, he was named Chief Financial Officer, Treasurer, and Executive Vice President, assuming his current role in 2025. Before joining Nucor, Mr. Laxton held various positions at Cinergy Corp., including Director of Asset Management and Manager of Corporate Development. He also had financial roles with Ashland, Inc., North American Stainless, and National City Bank.
David A. Sumoski, Chief Operating Officer
Mr. Sumoski joined Nucor in 1995 as an Electrical Supervisor at Nucor Steel Berkeley. His career at Nucor includes roles such as Maintenance Manager, General Manager of Nucor Steel Marion, and Vice President of Nucor in 2010. He further served as Vice President and General Manager of Nucor Steel Memphis, and as an Executive Vice President from 2014 through 2020. He was named Chief Operating Officer in 2021.
Allen C. Behr, Executive Vice President, Raw Materials
Mr. Behr began his Nucor career in 1996 as a Design Engineer at Nucor Building Systems Indiana. He held numerous positions at Nucor Building Systems locations in Indiana, Texas, and South Carolina before becoming General Manager at Nucor Building Systems South Carolina in 2008. He was elected a Vice President of Nucor in 2012, served as President of the Vulcraft/Verco Group, and later as General Manager for Nucor Steel Texas from 2017 through 2020. He was named Executive Vice President in 2020.
Randy J. Spicer, Executive Vice President
Mr. Spicer joined Nucor in 2004 as the Accounting Supervisor at Nucor Steel Indiana. In 2006, he became part of the start-up team at Nucor Steel Memphis, Inc. as Controller, and subsequently served as Controller and Hot Mill Manager at Nucor Steel Gallatin LLC. He was promoted to General Manager of Nucor Tubular Products North in 2020 and President of Nucor Tubular Products in 2022. Mr. Spicer was named Executive Vice President in 2024.
AI Analysis | Feedback
The key risks to Nucor's business are primarily external and industry-specific.Key Risks to Nucor (NUE)
- Market Cyclicality and Global Competition/Oversupply: The steel industry is inherently cyclical, meaning Nucor's performance is closely tied to overall macroeconomic health. Furthermore, global overcapacity in steel production, particularly from foreign imports, can lead to increased competition and downward pressure on steel prices, negatively impacting Nucor's business, financial condition, and cash flows.
- Volatility in Raw Material and Energy Costs: Nucor relies heavily on electric arc furnaces (EAFs) for its steel production, making it significantly exposed to the fluctuating costs of raw materials, particularly scrap steel. Additionally, efforts toward decarbonizing electricity generation could lead to higher power costs, further affecting Nucor's operational expenses.
- Legal and Regulatory Risks, including Environmental Compliance: Nucor is subject to various legal proceedings and compliance risks. Significant changes in laws or government regulations, especially those related to environmental compliance and greenhouse gas emissions, could result in increased energy costs, capital expenditures, and operating costs.
AI Analysis | Feedback
The clear emerging threat for Nucor is the rapid development and scaling of **green steel production technologies**, particularly those utilizing hydrogen-reduced iron (H-DRI) or other near-zero emission processes. While Nucor's electric arc furnaces (EAFs) are significantly less carbon-intensive than traditional blast furnaces and primarily use recycled scrap, a new generation of steel mills is emerging globally that aims for near-zero CO2 emissions by using green hydrogen and renewable energy in the iron and steelmaking process. Companies like H2 Green Steel, SSAB, ThyssenKrupp, and ArcelorMittal are investing billions in these methods, with commercial-scale plants expected to come online within the next decade. If these green steel methods become economically competitive and widely adopted, and if customer demand for ultra-low carbon steel accelerates rapidly due to regulatory pressures and corporate sustainability goals, Nucor's existing production methods, even with their EAF advantage, could face significant competitive pressure. This could necessitate substantial capital expenditures for Nucor to further transition its own processes, potentially leading to increased costs, or risk a loss of market share in environmentally sensitive or premium segments.
AI Analysis | Feedback
Nucor Corporation (NYSE: NUE) operates primarily through three segments: Steel Mills, Steel Products, and Raw Materials. The addressable markets for their main products and services are as follows:
Steel Mills Segment
This segment encompasses a wide range of steel products, including sheet steel, plate steel, bar steel, and structural steel, which includes rebar.
- Overall Steel Market (United States): The U.S. steel market was valued at USD 139.6 billion in 2024 and is projected to reach USD 164.0 billion by 2033, exhibiting a compound annual growth rate (CAGR) of 1.7% from 2025 to 2033. Another estimate places the U.S. iron and steel manufacturing market size at USD 104.6 billion in 2024, growing to USD 108.4 billion in 2025.
- Overall Steel Market (Global): The global steel market size was valued at USD 974.4 billion in 2024 and is forecast to reach USD 1.28 trillion by 2033, growing at a CAGR of 3.14% during 2025-2033. Other sources indicate the global steel market size was estimated at USD 1.47 trillion in 2024 and is projected to reach USD 1.92 trillion by 2030, with a CAGR of 4.6% from 2025 to 2030, or USD 1.82 trillion in 2024, projected to reach USD 2.65 trillion by 2035, growing at a CAGR of 3.47% from 2025 to 2035.
- North America Steel Products Market: The North America Steel Products Market is expected to be valued at USD 143.67 billion in 2024 and is projected to reach USD 267.13 billion by 2035, with a CAGR of 5.8% from 2025 to 2035.
- U.S. Steel Rebar Market: The U.S. steel rebar market size is estimated to reach US$8.2 billion by 2031, growing at a CAGR of 4.3% during the forecast period 2025-2031. Another valuation for the U.S. steel merchant and rebar market was USD 9.85 billion in 2023, projected to grow to USD 15.52 billion by 2032, exhibiting a CAGR of 5.2%.
- Global Steel Rebar Market: The global steel rebar market size was valued at USD 292.65 billion in 2024 and is projected to reach approximately USD 473.53 billion by 2034, growing at a CAGR of 4.93% over the forecast period 2025 to 2034.
- North America Structural Steel Market: The structural steel market in North America commanded a 64.9% share in 2023, equating to approximately USD 74.3 billion. The U.S. is the central growth engine within North America for this market.
- USA Flat Steel Market: The USA Flat Steel Market was valued at USD 70.3 billion.
- U.S. Hot Rolled Coil (HRC) Steel Market: The U.S. HRC steel market was valued at USD 27.68 billion in 2024 and is expected to grow at a CAGR of 5.2% from 2025 to 2030.
Steel Products Segment
This segment includes value-added products such as steel joists, steel decks, fabricated concrete reinforcing steel, cold finished steel, metal building systems, steel fasteners, grating, wire, and wire mesh.
- The market sizes for these individual value-added products are generally part of the broader North American and U.S. steel products and construction markets mentioned above. No distinct market sizes for each specific product (e.g., "steel joists market size") were identified.
Raw Materials Segment
This segment involves the sale of ferrous and nonferrous metals, direct reduced iron (DRI), pig iron, and scrap metal recycling. Nucor is North America's largest recycler of scrap metal.
- While specific monetary market sizes for "scrap metal recycling" as a standalone addressable market for Nucor's raw materials segment were not explicitly found, it's important to note that two-thirds of the iron and steel produced in the U.S. is made from recycled scrap. The demand for these raw materials directly feeds into the overall steel manufacturing market.
AI Analysis | Feedback
Here are 3-5 expected drivers of Nucor's (NUE) future revenue growth over the next 2-3 years:
- Strategic Capital Projects and Capacity Expansions: Nucor is actively investing in significant capital projects to enhance its production capabilities and expand into new product areas. These include a new melt shop at Kingman, Arizona, a new rebar micro mill in Lexington, North Carolina, and the completion of a new state-of-the-art mill in West Virginia by the end of 2026. The company also plans to commission an automotive galvanizing line in Berkeley County in 2026. These expansions are aimed at supporting long-term earnings growth.
- Growth in High-Margin, Less Cyclical Businesses and Product Diversification: Nucor is focusing on investments in high-margin, less cyclical businesses and expanding its steel product capabilities. This includes venturing into new areas related to steel, such as custom-engineered building products and automated utility tower manufacturing. The company's strategic growth aligns with secular trends and positions it to cater to specific customer needs and enter new markets.
- Leveraging Secular Growth Trends (Data Centers, Power Grid, Reindustrialization): Nucor is poised to benefit from several significant secular growth trends. This includes the robust expansion of data center construction, the ongoing expansion of power transmission and distribution infrastructure, and the reindustrialization of the U.S. economy. Nucor has strategically positioned itself by repurposing existing steel products facilities for its Nucor Data Systems businesses (including manufacturing server cabinets and racks) and supporting infrastructure projects.
- Integration of Acquisitions: Nucor continues to integrate recently acquired businesses, such as Rytec and Southwest Data Products. These acquisitions are aligned with strategic growth in overhead door and racking platforms, offering opportunities for diversified revenue streams and market expansion.
- Support from Steel Import Tariffs and Market Positioning: Ongoing steel import tariffs are expected to support domestic demand and may provide price stability and stronger volumes for Nucor. The company's strong financial position and strategic initiatives are seen as positioning it as a formidable competitor in the North American steel market.
AI Analysis | Feedback
Share Repurchases
- Nucor's Board of Directors approved a new share repurchase program of up to $4.00 billion in May 2023, replacing a previous $4.00 billion authorization under which approximately $3.79 billion of common stock had been repurchased since December 2021.
- In the first half of 2024, Nucor returned more than $1.7 billion to shareholders through dividends and share repurchases, with approximately $11.4 billion returned since 2020.
- In Q3 2025, Nucor returned approximately $230 million to shareholders through dividends and share buybacks, bringing year-to-date returns to nearly $1 billion, or 72% of net earnings.
Outbound Investments
- Nucor has spent $5.8 billion on acquisitions since 2020, focusing on expanding its production capabilities and growing its business.
- Recent acquisitions include Southwest Data Products (now Nucor Data Systems) to expand offerings for data center customers and Rytec Corporation, a manufacturer of high-speed commercial doors, to grow beyond core steelmaking into related downstream businesses.
- Nucor has also made strategic investments in Helion (fusion reactions) and NuScale (SMR technology), which may benefit the company in the long term, particularly with data center baseload capacity.
Capital Expenditures
- Nucor expects capital expenditures to be approximately $3 billion in 2025, roughly flat compared to 2024's amount, with about two-thirds attributed to growth projects. Full-year CapEx for 2025 is now expected to be $3.3 billion due to some project spending being pulled forward from 2026.
- Expected 2024 capital expenditures were $3.2 billion, a 45% increase from $2.2 billion in 2023.
- A significant portion of capital expenditures is directed towards major growth projects, including the ongoing construction of a $3.1 billion sheet mill in Apple Grove, West Virginia (expected to be commissioned by the end of 2026), a rebar micro mill in Lexington, North Carolina, and a new melt shop at the Kingman, Arizona steel mill. These investments also include expanding capabilities for the rapidly growing data center construction market.
Latest Trefis Analyses
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Trade Ideas
Select ideas related to NUE. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | DD | DuPont de Nemours | Dip Buy | DB | FCF Yield | Low D/EDip Buy with High Free Cash Flow YieldBuying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap | 7.6% | 7.6% | -0.2% |
| 11212025 | CF | CF Industries | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -1.4% | -1.4% | -3.1% |
| 11212025 | HL | Hecla Mining | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 51.0% | 51.0% | 0.0% |
| 11072025 | CDE | Coeur Mining | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 30.6% | 30.6% | -5.7% |
| 10312025 | ATR | AptarGroup | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 6.2% | 6.2% | -2.5% |
| 11302022 | NUE | Nucor | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | -11.3% | 14.9% | -12.3% |
| 04302022 | NUE | Nucor | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | -12.6% | -2.7% | -32.9% |
| 06302021 | NUE | Nucor | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 20.2% | 10.6% | -6.1% |
Research & Analysis
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Wealth Management
Peer Comparisons for Nucor
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 122.25 |
| Mkt Cap | 161.6 |
| Rev LTM | 56,496 |
| Op Inc LTM | 7,584 |
| FCF LTM | 7,327 |
| FCF 3Y Avg | 7,366 |
| CFO LTM | 8,590 |
| CFO 3Y Avg | 9,426 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 5.2% |
| Rev Chg 3Y Avg | 2.2% |
| Rev Chg Q | 9.4% |
| QoQ Delta Rev Chg LTM | 2.1% |
| Op Mgn LTM | 12.8% |
| Op Mgn 3Y Avg | 14.6% |
| QoQ Delta Op Mgn LTM | 0.2% |
| CFO/Rev LTM | 15.3% |
| CFO/Rev 3Y Avg | 18.7% |
| FCF/Rev LTM | 11.6% |
| FCF/Rev 3Y Avg | 12.9% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 161.6 |
| P/S | 2.8 |
| P/EBIT | 21.2 |
| P/E | 33.0 |
| P/CFO | 16.6 |
| Total Yield | 5.2% |
| Dividend Yield | 2.1% |
| FCF Yield 3Y Avg | 6.2% |
| D/E | 0.2 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 1.7% |
| 3M Rtn | 7.5% |
| 6M Rtn | 21.4% |
| 12M Rtn | 25.3% |
| 3Y Rtn | 76.2% |
| 1M Excs Rtn | -1.1% |
| 3M Excs Rtn | 3.2% |
| 6M Excs Rtn | 9.2% |
| 12M Excs Rtn | 9.6% |
| 3Y Excs Rtn | -6.2% |
Comparison Analyses
Price Behavior
| Market Price | $166.35 | |
| Market Cap ($ Bil) | 38.4 | |
| First Trading Date | 09/01/1983 | |
| Distance from 52W High | -0.1% | |
| 50 Days | 200 Days | |
| DMA Price | $152.37 | $134.85 |
| DMA Trend | up | up |
| Distance from DMA | 9.2% | 23.4% |
| 3M | 1YR | |
| Volatility | 30.0% | 37.0% |
| Downside Capture | 94.33 | 98.14 |
| Upside Capture | 166.83 | 119.25 |
| Correlation (SPY) | 52.9% | 62.8% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.81 | 1.28 | 1.12 | 1.17 | 1.17 | 1.19 |
| Up Beta | 0.04 | 0.54 | 1.18 | 1.04 | 1.13 | 1.19 |
| Down Beta | 1.93 | 1.58 | 1.54 | 1.33 | 1.31 | 1.29 |
| Up Capture | 139% | 203% | 97% | 160% | 110% | 109% |
| Bmk +ve Days | 12 | 25 | 38 | 73 | 141 | 426 |
| Stock +ve Days | 11 | 24 | 33 | 67 | 127 | 381 |
| Down Capture | 54% | 96% | 85% | 81% | 110% | 105% |
| Bmk -ve Days | 7 | 16 | 24 | 52 | 107 | 323 |
| Stock -ve Days | 8 | 17 | 29 | 58 | 121 | 369 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Comparison of NUE With Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| NUE | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 45.2% | 9.9% | 17.8% | 72.1% | 8.6% | 4.4% | -8.2% |
| Annualized Volatility | 36.7% | 19.9% | 19.4% | 19.3% | 15.2% | 17.0% | 35.0% |
| Sharpe Ratio | 1.08 | 0.36 | 0.72 | 2.70 | 0.34 | 0.09 | -0.08 |
| Correlation With Other Assets | 66.8% | 62.7% | -1.1% | 29.2% | 41.9% | 27.1% | |
ETFs used for asset classes: Sector ETF = XLB, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Comparison of NUE With Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| NUE | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 26.6% | 7.2% | 14.7% | 18.7% | 11.5% | 4.6% | 30.8% |
| Annualized Volatility | 38.6% | 18.9% | 17.1% | 15.5% | 18.7% | 18.9% | 48.6% |
| Sharpe Ratio | 0.72 | 0.29 | 0.70 | 0.97 | 0.50 | 0.16 | 0.57 |
| Correlation With Other Assets | 68.0% | 51.5% | 6.7% | 22.1% | 36.8% | 21.4% | |
ETFs used for asset classes: Sector ETF = XLB, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Comparison of NUE With Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| NUE | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 18.5% | 10.1% | 14.8% | 15.3% | 7.0% | 5.3% | 69.2% |
| Annualized Volatility | 36.0% | 20.7% | 18.0% | 14.7% | 17.6% | 20.8% | 55.8% |
| Sharpe Ratio | 0.58 | 0.44 | 0.71 | 0.86 | 0.32 | 0.22 | 0.90 |
| Correlation With Other Assets | 71.1% | 59.6% | 2.1% | 29.1% | 44.2% | 17.4% | |
ETFs used for asset classes: Sector ETF = XLB, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/27/2025 | 5.4% | 2.7% | 8.4% |
| 7/28/2025 | -2.7% | -5.2% | 2.4% |
| 4/28/2025 | 1.9% | 3.4% | -6.6% |
| 1/27/2025 | 3.8% | 7.6% | 10.3% |
| 10/21/2024 | -6.5% | -5.4% | -7.3% |
| 7/22/2024 | -1.1% | -2.4% | -12.2% |
| 4/22/2024 | -8.9% | -8.6% | -10.2% |
| 1/29/2024 | 6.9% | 3.2% | 8.8% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 12 | 16 | 16 |
| # Negative | 12 | 8 | 8 |
| Median Positive | 3.7% | 3.4% | 9.7% |
| Median Negative | -2.9% | -5.0% | -10.6% |
| Max Positive | 9.1% | 16.0% | 36.1% |
| Max Negative | -8.9% | -8.6% | -31.7% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 11122025 | 10-Q 10/4/2025 |
| 6302025 | 8132025 | 10-Q 7/5/2025 |
| 3312025 | 5142025 | 10-Q 4/5/2025 |
| 12312024 | 2272025 | 10-K 12/31/2024 |
| 9302024 | 11062024 | 10-Q 9/28/2024 |
| 6302024 | 8072024 | 10-Q 6/29/2024 |
| 3312024 | 5082024 | 10-Q 3/30/2024 |
| 12312023 | 2272024 | 10-K 12/31/2023 |
| 9302023 | 11082023 | 10-Q 9/30/2023 |
| 6302023 | 8092023 | 10-Q 7/1/2023 |
| 3312023 | 5102023 | 10-Q 4/1/2023 |
| 12312022 | 3012023 | 10-K 12/31/2022 |
| 9302022 | 11092022 | 10-Q 10/1/2022 |
| 6302022 | 8102022 | 10-Q 7/2/2022 |
| 3312022 | 5112022 | 10-Q 4/2/2022 |
| 12312021 | 2282022 | 10-K 12/31/2021 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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