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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Nucor Reports Results for the First Quarter of 2024
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Nucor Invites You to Join Its First Quarter of 2024 Conference Call on the Web
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Nucor Announces Appointment of Nicole B. Theophilus as Executive Vice President of Talent and Human Resources
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Nucor Invites You to Join Its First Quarter of 2024 Conference Call on the Web
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Nucor Introduces New Hot-Rolled Coil Spot Pricing
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Nucor to Acquire Manufacturer of Data Center Infrastructure
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Nucor Signs Agreement with Mercedes-Benz To Supply Econiq™-RE
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Microsoft, Google, Nucor to Collaborate on New Electricity Business Models
Trading Information
- Previous Close Price
- $174.64
- Day Range
- $171.96–178.32
- 52-Week Range
- $129.79–203.00
- Bid/Ask
- $171.24 / $174.00
- Market Cap
- $41.46 Bil
- Volume/Avg
- 2.6 Mil / 1.3 Mil
Key Statistics
- Price/Earnings (Normalized)
- 9.71
- Price/Sales
- 1.27
- Dividend Yield (Trailing)
- 1.20%
- Dividend Yield (Forward)
- 1.24%
- Total Yield
- 6.28%
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) | 9.71 | 9.44 | 8.63 |
Price/Book Value | 2.03 | 2.48 | 1.48 |
Price/Sales | 1.27 | 1.22 | 0.75 |
Price/Cash Flow | 7.23 | 7.66 | 6.13 |
Price/Earnings
NUE
STLD
CMC
Financial Strength
|
Metric
|
NUE
|
STLD
|
CMC
|
|---|---|---|---|
Quick Ratio | 2.19 | 1.60 | 2.30 |
Current Ratio | 3.57 | 2.91 | 4.19 |
Interest Coverage | 25.38 | 43.09 | 22.82 |
Quick Ratio
NUE
STLD
CMC
Profitability
|
Metric
|
NUE
|
STLD
|
CMC
|
|---|---|---|---|
Return on Assets (Normalized) | 14.95% | 17.28% | 11.14% |
Return on Equity (Normalized) | 25.38% | 29.28% | 18.04% |
Return on Invested Capital (Normalized) | 18.13% | 22.13% | 14.53% |
Return on Assets
NUE
STLD
CMC
Steel Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
PKX
| POSCO Holdings Inc ADR | Hzrbkzgc | Gjgdh | $21.5 Bil | |
STLD
| Steel Dynamics Inc | Wyhljtwcz | Whnt | $21.2 Bil | |
AMSYF
| ArcelorMittal SA New Reg.Shs ex-Arcelor | Mffrtnxp | Xdl | $20.9 Bil | |
NISTF
| Nippon Steel Corp | — | Kfl | $20.8 Bil | |
NPSCY
| Nippon Steel Corp ADR | — | Ymcxs | $20.7 Bil | |
MT
| ArcelorMittal SA Depository Receipt | Kzk | Vvx | $20.3 Bil | |
RS
| Reliance Inc | Ccfkhckfcr | Jhsrzb | $18.0 Bil | |
JFEEF
| JFE Holdings Inc | — | Vxhv | $9.8 Bil | |
CLF
| Cleveland-Cliffs Inc | Fqvx | Snjyw | $8.8 Bil |