NUENYSESteel Works, Blast Furnaces & Rolling Mills (Coke Ovens)Fiscal year ends December 31
NUCOR CORP
Financials through Q2 FY2026, quarter ended Jul 4, 2026Last filing: 10-Q on Aug 12, 2026
$260.73+4.44 (+1.73%)
Close on Oct 19, 2026
- Market cap
- $59.58B
- P/E (TTM)
- 20.8
- Dividend yield
- 0.85%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
11.9%+0.9 pts over 5 years
Net margin
5.4%+1.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +5.7% | -7.8% | +10.0% | +7.1% | |
| Gross profit | -5.5% | -32.3% | +11.7% | +13.3% | |
| Net income | -14.0% | -38.8% | +19.3% | +36.0% | |
| EPS, diluted | -11.1% | -36.1% | +26.1% | +40.5% | |
| Dividend per share | +1.8% | +3.2% | +6.5% | +4.0% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 10.4% | 6.8% | 8.5% | |
| Return on assets | 5.4% | 3.8% | 5.1% | |
| Current ratio | 2.72 | 3.61 | 2.94 | |
| Debt to equity | 0.55 | 0.50 | 0.34 | |
| Inventory turnover | 6.0× | 4.8× | 5.4× | |
| Capex to revenue | 3.7% | 7.7% | 10.5% | |
| Diluted shares | 320M | 303M | 231M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Nucor generated $30.63B from operations and spent $25.46B on capital expenditure, dividends and share buybacks. 49% of that went back into the business.
Generated
$30.63B
Used
$25.46B
Capital expenditure$12.38B49%Dividends$2.57B10%Share buybacks$10.51B41%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin5.4%
×Asset turnover0.94×
×Equity multiplier1.67×
=Return on equity, FY20258.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 5.4% | 0.94× | 1.67× | 8.5% |
| FY2024 | 6.6% | 0.89× | 1.68× | 9.8% |
| FY2023 | 13.0% | 1.02× | 1.72× | 23.0% |
| FY2022 | 18.3% | 1.42× | 1.80× | 46.9% |
| FY2021 | 18.7% | 1.59× | 1.85× | 55.0% |
| FY2020 | 3.6% | 1.05× | 1.82× | 6.8% |
| FY2019 | 5.6% | 1.25× | 1.80× | 12.6% |
| FY2018 | 9.4% | 1.48× | 1.82× | 25.5% |
| FY2017 | 6.5% | 1.30× | 1.87× | 15.9% |
| FY2016 | 4.9% | 1.10× | 1.92× | 10.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$1.74B
- Cash generatingOperating cash flow above zero$3.23B
- Return on assets improvedROA up on the prior year5.7% → 5.1%
- Earnings backed by cashOperating cash flow above net income$3.23B vs $1.74B
- Less leverageLong-term debt to assets fell16.7% → 19.7%
- Better liquidityCurrent ratio rose2.51 → 2.94
- No dilutionShare count did not rise239M → 231M
- Gross margin improvedGross margin up on the prior year13.35% → 11.93%
- More efficientAsset turnover rose0.87 → 0.96