Latest revenue
$9.50B
as of 2026-04-04
Latest net income
$743.0M
as of 2026-04-04
Net margin
7.8%
as of 2026-04-04
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $52.84B
- Enterprise value
- $57.47B
- P/E (trailing)
- 30.3×
- Forward P/E
- —
- P/B
- 2.54×
- Dividend yield
- 1.0%
- 52-wk high
- $235.45
- 52-wk low
- $106.21
- Beta
- —
- Shares out
- 227.7M
5-year trend
What this company does
Nucor is North America's largest steel producer, making steel and steel products from recycled scrap via electric arc furnace mini-mills, plus raw materials like direct reduced iron. It generates revenue primarily by selling sheet, bar, plate, and structural steel to construction, automotive, and industrial customers, booking $24.8 billion in sales over the first nine months of 2025. Earnings rebounded sharply in Q3 2025, with net income up 143% year-over-year to $607 million, while Nucor continues aggressive capex of $2.6 billion to expand downstream and sheet capacity.
Generated from NUE's filing dated 2026-02-25
Key risks
- Earnings volatility: 9M 2025 net earnings fell 21% to $1.37B vs $1.74B prior year despite higher sales, reflecting steel price/margin pressure.
- Cash burn: cash dropped $1.34B YTD to $2.22B, with $2.62B capex outpacing $2.44B operating cash flow amid heavy growth investments.
- Rising leverage: long-term debt grew to $6.69B from $5.68B; interest swung to $48M expense vs $33M income year-ago.
Generated from NUE's filing dated 2026-02-25
Profitability
Net margin
5.4%
18.6%Return on equity
8.3%
16.6%Return on assets
5.0%
16.8%Leverage
Debt / equity
0.68×
0.6%Long-term debt / equity
0.33×
17.8%Debt / assets
40.4%
0.4%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q2 2026 2026-04-04 | $9.50B | +21.3% | $743.0M | +376.3% | 7.8% |
Q4 2025 2025-12-31 | $7.69B | +8.6% | $378.0M | +31.6% | 4.9% |
Q4 2025 2025-10-04 | $8.52B | +14.5% | $607.0M | +142.9% | 7.1% |
Q3 2025 2025-07-05 | $8.46B | +4.7% | $603.0M | -6.5% | 7.1% |
Q2 2025 2025-04-05 | $7.83B | -3.8% | $156.0M | -81.5% | 2.0% |
Q4 2024 2024-12-31 | $7.08B | — | $287.2M | — | 4.1% |
Q3 2024 2024-09-28 | $7.44B | -15.2% | $249.9M | -78.1% | 3.4% |
Q2 2024 2024-06-29 | $8.08B | -15.2% | $645.0M | -55.9% | 8.0% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) · SIC 3312
Your notes
Keep private notes on NUE — thesis, target price, catalysts to watch.
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Insider activity
Insider buying
$0
Insider selling
$50.7M
Net activity
−$50.7M
Distinct insiders
12
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns NUE
Institutional value
$10.31B
Total shares held
63.5M
Distinct holders
786
As of
2026-03-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | VANGUARD CAPITAL MANAGEMENT LLC | 14.5M | $2.45B | — | New |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 11.7M | $1.98B | — | New |
| 3 | DIMENSIONAL FUND ADVISORS LP | 2.5M | $429.3M | — | New |
| 4 | Invesco Ltd. | 2.0M | $336.4M | — | New |
| 5 | Bank of New York Mellon Corp | 1.8M | $306.1M | — | New |
| 6 | Legal & General Group Plc | 1.7M | $294.2M | — | New |
| 7 | VANGUARD FIDUCIARY TRUST CO | 1.3M | $216.1M | — | New |
| 8 | HSBC HOLDINGS PLC | 1.2M | $204.5M | — | New |
| 9 | ProShare Advisors LLC | 961.3K | $162.5M | — | New |
| 10 | DIAMOND HILL CAPITAL MANAGEMENT INC | 927.3K | $156.8M | — | New |
| 11 | DEUTSCHE BANK AG\ | 851.2K | $143.9M | — | New |
| 12 | WELLS FARGO & COMPANY/MN | 809.1K | $136.8M | — | New |
| 13 | Nuveen, LLC | 724.8K | $122.6M | — | New |
| 14 | Swiss National Bank | 671.7K | $113.6M | — | New |
| 15 | Sumitomo Mitsui Trust Group, Inc. | 556.9K | $94.2M | — | New |
| 16 | Allspring Global Investments Holdings, LLC | 533.6K | $92.7M | — | New |
| 17 | UBS Group AG | 545.2K | $92.2M | — | New |
| 18 | Mitsubishi UFJ Asset Management Co., Ltd. | 542.5K | $91.7M | — | New |
| 19 | California Public Employees Retirement System | 510.3K | $86.3M | — | New |
| 20 | Vanguard Global Advisers, LLC | 505.8K | $85.5M | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
- 1
YTD operating cash flow fell to $2.44B from $3.25B despite higher sales—when do CapEx of $2.6B and new mills inflect to free cash flow?
- 2
Q3 gross margin recovered to 13.9% from 10.2%—how much was Section 232 tariff benefit versus sustainable pricing, and what's exit-rate run-rate?
- 3
With $6.7B long-term debt up $1B and cash down $1.3B YTD, how do you defend the $600M buyback pace into 2026?
Refreshed when NUE files a new report · last from 2026-02-25