Nucor vs Steel Dynamics
NUE and STLD side by side, both in steel works, blast furnaces, and rolling and finishing mills. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How NUE and STLD compare
Nucor is the larger company, worth 1.8 times as much as Steel Dynamics ($57.1B against $32.6B).
On earnings, Nucor is cheaper: it trades at 16.0× trailing earnings, against 16.9× for Steel Dynamics.
Steel Dynamics grew revenue faster over the last twelve months (26.0% versus 21.8% for Nucor).
Nucor keeps more of each dollar of sales as profit, with a net margin of 9.3% compared with 8.8% at Steel Dynamics.
Both pay dividends: Nucor yields 0.89% and Steel Dynamics 0.91%.
Nucor scores higher on the StockData Score (17 against 16 for Steel Dynamics), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | NUE | STLD |
|---|---|---|
| Size and price | ||
| Market cap | $57.1B | $32.6B |
| Share price | $251.73 | $229.43 |
| Change, 1 year | 69.7% | 45.3% |
| Change, 5 years | 123% | 264% |
| Beta (5Y) | 1.25 | 1.30 |
| Employees | 33K | 14K |
| StockData Score | ||
| Total score | 17 (better) | 16 |
| Valuation score | 1 | 1 |
| Growth score | 3 (better) | 2 |
| Performance score | 4 | 4 |
| Health score | 5 | 5 |
| Dividend score | 4 | 4 |
| Valuation | ||
| P/E | 16.0× (better) | 16.9× |
| P/S | 1.5× | 1.5× (better) |
| P/B | 2.5× (better) | 3.3× |
| EV/EBITDA | – | 11.1× |
| P/FCF | 21.5× (better) | 29.8× |
| FCF yield | 4.7% (better) | 3.4% |
| Fair value | $168.96 | $162.03 |
| Margin of safety | −49.0% | −41.6% (better) |
| Growth | ||
| Revenue growth (TTM) | 21.8% | 26.0% (better) |
| Revenue growth, 5Y average | 10.0% | 13.6% (better) |
| Net income growth (TTM) | 118% (better) | 73.9% |
| EPS growth (TTM) | 121% (better) | 79.5% |
| EPS growth, 5Y average | 26.1% (better) | 25.3% |
| Profitability | ||
| Gross margin | 17.3% (better) | 15.9% |
| Operating margin | – | 11.5% |
| Net margin | 9.3% (better) | 8.8% |
| FCF margin | 6.8% (better) | 4.9% |
| Return on equity | 16.5% | 20.8% (better) |
| Return on invested capital | – | 16.0% |
| Financial health | ||
| Debt / equity | 0.31 (better) | 0.43 |
| Net debt / EBITDA | – | 1.02 |
| Interest coverage | – | 18.4× |
| Current ratio | 2.46 | 3.14 (better) |
| Altman Z-score | 4.93 | 5.86 (better) |
| Piotroski F-score | 6 | 6 |
| Dividends and buybacks | ||
| Dividend yield | 0.89% | 0.91% (better) |
| Payout ratio | 14.3% | 15.2% |
| Years of dividend growth | 16 (better) | 13 |
| Dividend growth, 5Y average | 6.5% | 14.9% (better) |
| Buyback yield | 1.9% | 2.5% (better) |
| Shareholder yield | 2.8% | 3.5% (better) |
| Ownership | ||
| Held by institutions | 79.9% | 83.8% |
| Held by insiders | 0.61% | 6.8% |
| Insider net buying, 12 months | −$62.1M | −$20.0M (better) |
| Superinvestors holding | 1 | – |
| Short interest, % of float | 1.9% | 2.8% |
Go deeper
- NUE stock overview
- NUE income statement
- NUE valuation and score
- STLD stock overview
- STLD income statement
- STLD valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.