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Nucor Corporation

NUE

Basic Materials · 257.68 -0.1% today

Isolated · not yet confirmedMarket checked 11 Sept, 12:40 GMT-4

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.

Company-0.1% todayVolume comparison unavailable
Market group0 of 2 activeSteel Producers · unavailable
Disclosed network0 of 5 confirmingNo filing-linked name is confirming now
What would change this read
  • 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.

Watch this read

Research brief

The story so far

Basic Materials · Steel

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.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • 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

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations601
Usable filing statements137
Verified relationships6
Evidence supporting the case
  • Latest annual revenue changed +5.7% year over year.
  • Demand and volume has repeated favorable evidence across 5 filings.
Evidence challenging the case
  • 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.
Questions before a position
  • 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.
Longer-term price context

Price as of Sep 10, 2026

255.42
6m+48.7%12m+81.1%24m+83.0%
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$36.5B+81.2%-3.3%
2022-12-31$41.5B+13.8%-10.3%
2023-12-31$34.7B-16.4%-4.9%
2024-12-31$30.7B-11.5%-4.8%
2025-12-31$32.5B+5.7%-3.1%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesnegative · 5 filings
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
Demand and volumepositive · 5 filings
DRI is particularly important for operational flexibility when demand for prime scrap increases due to increased domestic steel production.
10-Q · Aug 12, 2026
Input and raw-material costsnegative · 4 filings
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
Capital investment and capacitypositive · 3 filings
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.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

257.68-0.1% today

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.