“Interest Expense (Income) Net interest expense for the second quarter and first six months of 2026 and 2025 was as follows (in millions): Three Months (13 Weeks) Ended Six Months (26 Weeks) Ended July 4, 2026 July 5, 2025 July 4, 2026 July 5, 2025 Interest ex…”10-Q · Aug 12, 2026 ↗
Nucor Corporation
NUE
Market read
Nucor Corporation's current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 2 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 5 directly disclosed connections are confirming.
- Steel-products margin declined because higher steel input costs outpaced increases in volumes and average selling prices.
- Raw-materials earnings increased with higher average selling prices, more shipments, and improved DRI facility profitability.
Invalidation: The isolated read changes if NUE's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 2 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 5 directly disclosed connections are confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- Steel-products margin declined because higher steel input costs outpaced increases in volumes and average selling prices.
- Raw-materials earnings increased with higher average selling prices, more shipments, and improved DRI facility profitability.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Latest annual revenue changed +5.7% year over year.
- Demand and volume has repeated favorable evidence across 5 filings.
- Net margin changed -1.2 percentage points in the latest annual period.
- Credit and interest rates has repeated adverse evidence across 5 filings.
- Input and raw-material costs has repeated adverse evidence across 4 filings.
- P/E is 83% below the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 253% above the available filing-peer median; determine whether growth and quality justify the difference.
Price as of Sep 10, 2026
255.42Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“DRI is particularly important for operational flexibility when demand for prime scrap increases due to increased domestic steel production.”10-Q · Aug 12, 2026 ↗
“The steel products segment had decreased earnings in the second quarter of 2026 as compared to the second quarter of 2025 as increased volumes and modestly higher average selling prices were more than offset by margin compression resulting from higher steel i…”10-Q · Aug 12, 2026 ↗
“The increase in capital expenditures was primarily due to the sheet mill under construction in West Virginia, the construction of a manufacturing location to expand NTS, the construction of a melt shop at our bar mill in Arizona and the galvanizing line at ou…”10-K · Feb 25, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 1.8× · EV/sales 1.7×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 12:40 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for NUE. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for NUE. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind NUE
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depended on by
ATKRAtkore Inc.supplierNov 26, 2025 ▾
“Our primary suppliers of steel are Cleveland-Cliffs, Steel Dynamics and Nucor; our primary suppliers of copper are AmRod, SDI LaFarga and Nexans; and our primary suppliers of PVC resin are Westlake, Formosa and Oxy Vinyls; and our primary suppliers of HDPE re…”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 5 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
NUE is currently a Leader in the organic co-movement group Steel Producers. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.