Nucor Corp NUE
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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Google, Microsoft, and Nucor announce a new initiative to aggregate demand to scale the adoption of advanced clean electricity technologies
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Nucor Announces Guidance for the First Quarter of 2024 Earnings
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Citi upgrades Nucor to buy and cuts Cleveland-Cliffs to neutral in steelmaker ratings swap
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Nucor Board of Directors Approves Funding for New Pacific Northwest Rebar Micro Mill
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Nucor Announces 204th Consecutive Cash Dividend
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Nucor Reports Results for the Fourth Quarter and Full Year 2023
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Nucor Invites You to Join Its Fourth Quarter of 2023 Conference Call on the Web
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Nucor Invites You to Join Its Fourth Quarter of 2023 Conference Call on the Web
Trading Information
- Previous Close Price
- $188.48
- Day Range
- $188.29–191.93
- 52-Week Range
- $129.79–195.00
- Bid/Ask
- $187.77 / $190.00
- Market Cap
- $45.69 Bil
- Volume/Avg
- 269 / 1.4 Mil
Key Statistics
- Price/Earnings (Normalized)
- 10.55
- Price/Sales
- 1.37
- Dividend Yield (Trailing)
- 1.09%
- Dividend Yield (Forward)
- 1.14%
- Total Yield
- 4.49%
Company Profile
Nucor Corp manufactures steel and steel products. The company also produces direct reduced iron for use in its steel mills. The operations include international trading and sales companies that buy and sell steel and steel products manufactured by the company and others. The operating business segments are: steel mills, steel products, and raw materials, the steel mills segment derives maximum revenue. The steel mills segment includes carbon and alloy steel in sheet, bars, structural and plate; steel trading businesses; rebar distribution businesses; and Nucor’s equity method investments in NuMit and NJSM.
- Sector
- Basic Materials
- Industry
- Steel
- Stock Style Box
- Mid Value
- Total Number of Employees
- 32,000
- Website
- https://www.nucor.com
Comparables
Valuation
Metric
|
NUE
|
STLD
|
CMC
|
---|---|---|---|
Price/Earnings (Normalized) | 10.55 | 9.62 | 7.94 |
Price/Book Value | 2.22 | 2.53 | 1.48 |
Price/Sales | 1.37 | 1.25 | 0.74 |
Price/Cash Flow | 7.60 | 7.80 | 5.64 |
Price/Earnings
NUE
STLD
CMC
Financial Strength
Metric
|
NUE
|
STLD
|
CMC
|
---|---|---|---|
Quick Ratio | 2.19 | 1.60 | 2.44 |
Current Ratio | 3.57 | 2.91 | 4.12 |
Interest Coverage | 25.38 | 43.09 | 26.96 |
Quick Ratio
NUE
STLD
CMC
Profitability
Metric
|
NUE
|
STLD
|
CMC
|
---|---|---|---|
Return on Assets (Normalized) | 14.95% | 17.28% | 12.76% |
Return on Equity (Normalized) | 25.38% | 29.28% | 21.08% |
Return on Invested Capital (Normalized) | 18.13% | 22.13% | 16.64% |
Return on Assets
NUE
STLD
CMC
Steel Industry Comparables
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Economic Moat
|
Market Cap
|
---|---|---|---|---|
PKX
| POSCO Holdings Inc ADR | Fzx | $25.0 Bil | |
NISTF
| Nippon Steel Corp | Qjp | $22.4 Bil | |
NPSCY
| Nippon Steel Corp ADR | Ttrx | $22.4 Bil | |
STLD
| Steel Dynamics Inc | Htrg | $22.1 Bil | |
AMSYF
| ArcelorMittal SA New Reg.Shs ex-Arcelor | Lgmy | $21.6 Bil | |
MT
| ArcelorMittal SA Depository Receipt | Rxvl | $21.6 Bil | |
RS
| Reliance Inc | Xnltbcx | $18.4 Bil | |
JFEEF
| JFE Holdings Inc | Wgdrd | $10.6 Bil | |
CLF
| Cleveland-Cliffs Inc | Gfrg | $10.0 Bil |