Nucor (NUE) AI Stock Analysis

• Market Cap: $32.18B
• Dividend Yield: 1.59%
• Average Volume (3M): 1.77M
• Price to Earnings (P/E): 25.2
• Beta (1Y): 1.15
• Revenue Growth: -5.78%
• EPS Growth: -59.98%
• Country: US
• Employees: 32,700
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Steel
• EPS (TTM): 2.60
• Shares Outstanding: 230,750,500
• 10 Day Avg. Volume: 2,091,833
• 30 Day Avg. Volume: 1,768,196
• PEG Ratio: -0.26
• Price to Book (P/B): 1.37
• Price to Sales (P/S): 0.90
• P/FCF Ratio: 34.51
• Enterprise Value/Market Cap: 1.16
• Enterprise Value/Revenue: 1.21
• Enterprise Value/Gross Profit: 11.62
• Enterprise Value/Ebitda: 10.39
• 1Y Price Target: $159.29
• Price Target Upside: 15.60% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 8

• Rating: 69 Neutral
• Price Target: $152.00 ▲(10.31% Upside)

Nucor's overall stock score is driven by strong earnings call performance and positive corporate events, indicating strategic progress and robust demand. However, financial performance concerns, particularly declining margins and negative free cash flow, along with a high P/E ratio, weigh on the score.

Positive Factors

Earnings Performance

The steel operations' earnings of $843m beat the consensus estimate of $806m and MSe of $720m.

Growth Prospects

Nucor continues to execute on its multi-year growth pipeline that should over time support higher through-cycle profitability and FCF.

Industry Trends

Cleveland Cliffs reported better-than-expected results, suggesting a potential positive impact on Nucor due to industry trends.

Negative Factors

Earnings Expectations

Earnings are expected to moderate sequentially, driven by some conservatism given the current Brazil-related tariff risk.

Operating Cash Flow

Operating cash flow missed expectations due to higher working capital build.

Share Repurchase

The company has repurchased fewer shares than modeled, which could affect expected earnings per share calculations.

Nucor Business Overview & Revenue Model

Company Description

Nucor Corporation manufactures and sells steel and steel products. The company's Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling products; and bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and special bar quality products. It also engages in the steel trading and rebar distribution businesses. This segment sells its products to steel service centers, fabricators, and manufacturers in the United States, Canada, and Mexico. Its Steel Products segment offers hollow structural section steel tubing products, electrical conduits, steel racking, steel joists and joist girders, steel decks, fabricated concrete reinforcing steel products, cold finished steel products, steel fasteners, metal building systems, insulated metal panels, steel grating and expanded metal products, and wire and wire mesh products primarily for use in nonresidential construction applications. This segment also engages in the piling distribution business. The company's Raw Materials segment produces direct reduced iron (DRI); brokers ferrous and nonferrous metals, pig iron, hot briquetted iron, and DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap metal, as well as engages in the natural gas drilling operations. This segment sells its ferrous scrap to electric arc furnace steel mills and foundries for manufacturing process; and nonferrous scrap metal to aluminum can producers, secondary aluminum smelters, steel mills and other processors, and consumers of various nonferrous metals. It serves agriculture, automotive, construction, energy and transmission, oil and gas, heavy equipment, infrastructure, and transportation industries through its in-house sales force; and internal distribution and trading companies. Nucor Corporation was incorporated in 1958 and is based in Charlotte, North Carolina.

How the Company Makes Money

Nucor Corporation generates revenue primarily through the production and sale of steel and steel-related products. The company's key revenue streams include the sale of steel mills products, steel products, and raw materials. Nucor operates a highly integrated business model with operations spanning from steelmaking to the production of finished steel goods. The company benefits from its use of electric arc furnaces, which are more energy-efficient and environmentally friendly compared to traditional blast furnaces. Additionally, Nucor maintains strategic partnerships and long-term contracts with suppliers and customers to ensure a steady supply of raw materials and demand for its products. The company's focus on innovation and sustainability further enhances its competitiveness and profitability in the steel industry.

Nucor Financial Statement Overview

Summary

Nucor's financial performance reflects stability with strong operational efficiency and a robust balance sheet. However, there are challenges in maintaining revenue growth and profit margins, with cash flow generation facing headwinds. The company benefits from conservative leverage, offering a positive outlook for its financial health.

Income Statement

Nucor's income statement shows a mixed performance. The TTM (Trailing-Twelve-Months) revenue decreased slightly compared to the previous year, indicating a challenge in maintaining revenue growth. The gross profit margin is healthy at approximately 10.5%, but it has decreased from prior years. The net profit margin shows resilience at 4.4%, although it has also declined from previous highs. The EBIT and EBITDA margins are robust, signifying strong operational efficiency despite top-line challenges.

Balance Sheet

Nucor's balance sheet highlights a solid financial position with a debt-to-equity ratio of 0.39, indicating conservative leverage. The equity ratio of 57.8% provides a strong buffer against liabilities. Return on equity (ROE) is solid, though lower compared to past performance, which could be due to the decline in net income. Overall, the balance sheet reflects financial stability and prudent capital management.

Cash Flow

Cash flow analysis indicates some challenges. The operating cash flow to net income ratio is strong, showing efficient cash conversion. However, free cash flow has decreased significantly in the TTM period, reflecting increased capital expenditures. The free cash flow to net income ratio has also weakened, suggesting potential liquidity concerns if this trend continues. The company should monitor capital spending to ensure future cash flow stability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	30.81B	30.73B	34.71B	41.51B	36.48B	20.14B
Gross Profit	3.21B	4.10B	7.82B	12.50B	11.03B	2.23B
EBITDA	3.59B	4.49B	7.69B	11.57B	10.23B	1.79B
Net Income	1.30B	2.03B	4.52B	7.61B	6.83B	721.47M
Balance Sheet
Total Assets	34.22B	33.94B	35.34B	32.48B	25.82B	20.13B
Cash, Cash Equivalents and Short-Term Investments	2.48B	4.14B	7.13B	4.86B	2.62B	3.05B
Total Debt	6.88B	7.07B	6.95B	6.69B	5.68B	5.34B
Total Liabilities	12.72B	12.52B	13.22B	12.91B	11.22B	8.89B
Stockholders Equity	20.39B	20.29B	20.94B	18.41B	14.02B	10.79B
Cash Flow
Free Cash Flow	-384.70M	806.00M	4.90B	8.12B	4.61B	1.15B
Operating Cash Flow	3.13B	3.98B	7.11B	10.07B	6.23B	2.70B
Investing Cash Flow	-3.86B	-3.73B	-2.50B	-5.70B	-2.87B	-1.76B
Financing Cash Flow	-1.97B	-3.06B	-2.59B	-2.51B	-3.60B	285.85M

Nucor Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 137.79
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NUE, the sentiment is Neutral. The current price of 137.79 is below the 20-day moving average (MA) of 141.11, above the 50-day MA of 131.73, and above the 200-day MA of 129.02, indicating a neutral trend. The MACD of 1.65 indicates Positive momentum. The RSI at 49.45 is Neutral, neither overbought nor oversold. The STOCH value of 34.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for NUE.

Nucor Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PKX	71 Outperform	$15.54B	44.83	0.78%	1.95%	-7.63%	-63.88%
RS	71 Outperform	$15.14B	21.01	9.93%	1.61%	-3.91%	-30.31%
STLD	70 Outperform	$18.34B	18.01	11.57%	1.57%	-5.51%	-45.07%
NUE	69 Neutral	$32.18B	25.17	6.29%	1.59%	-5.78%	-59.98%
MT	69 Neutral	$25.52B	9.44	4.72%	1.49%	-4.36%	―
X	64 Neutral	$12.42B	186.15	0.86%	0.36%	-14.79%	-88.78%
Sector *	44 Neutral	C$865.14M	-6.69	-14.90%	2.77%	16.73%	-26.87%

Nucor Corporate Events

Nucor Reports Strong Q2 2025 Financial Results

On July 28, 2025, Nucor Corporation reported its financial results for the second quarter of 2025, highlighting net earnings of $603 million and net sales of $8.46 billion. The company experienced sequential earnings growth across all segments, driven by higher selling prices and increased shipments. Nucor’s strong financial position is supported by a cash reserve of $2.48 billion and an undrawn $2.25 billion credit facility. The company repurchased 1.8 million shares and declared a cash dividend, reflecting its commitment to returning capital to shareholders. Nucor’s performance is buoyed by resilient demand, a healthy order backlog, and favorable tax and trade policies.

The most recent analyst rating on (NUE) stock is a Buy with a $176.00 price target. To see the full list of analyst forecasts on Nucor stock, see the NUE Stock Forecast page.

Nucor Stockholders Approve 2025 Strategic Plan

On May 8, 2025, Nucor held its Annual Meeting where stockholders elected eight directors to serve until the 2026 meeting. The stockholders ratified PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2025 and approved the executive compensation for 2024. Additionally, the 2025 Plan was approved, indicating strong support for the company’s strategic initiatives.

The most recent analyst rating on (NUE) stock is a Buy with a $176.00 price target. To see the full list of analyst forecasts on Nucor stock, see the NUE Stock Forecast page.