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Nucor Corp Stock Research

NUE

136.14USD+1.45(+1.08%)Market Closed

Market Summary

USD136.14+1.45
Market Closed
1.08%

NUE Alerts

NUE Stock Price

NUE RSI Chart

NUE Valuation

Market Cap

38.3B

Price/Earnings (Trailing)

5.03

Price/Sales (Trailing)

0.92

EV/EBITDA

3.67

Price/Free Cashflow

4.71

NUE Price/Sales (Trailing)

NUE Profitability

EBT Margin

24.68%

Return on Equity

38.87%

Return on Assets

23.42%

Free Cashflow Yield

21.23%

NUE Fundamentals

NUE Revenue

Revenue (TTM)

39.7B

Revenue Y/Y

-16.99%

Revenue Q/Q

-0.16%

NUE Earnings

Earnings (TTM)

6.6B

Earnings Y/Y

-45.77%

Earnings Q/Q

-9.49%

Price Action

52 Week Range

100.13182.68
(Low)(High)

Last 7 days

-1.8%

Last 30 days

-5.8%

Last 90 days

-16.2%

Trailing 12 Months

2.8%

NUE Financial Health

Current Ratio

3.39

Debt/Equity

0.34

Debt/Cashflow

1.52

NUE Investor Care

Dividend Yield

1.5%

Dividend/Share (TTM)

2.04

Buy Backs (1Y)

10.81%

Diluted EPS (TTM)

25.51

Peers (Alternatives to Nucor)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
61.8B
10.1B
-10.90% 12.75%
23.34
6.15
-9.74% -22.37%
60.3B
21.6B
-6.73% -8.68%
13.46
2.65
-12.33% -16.51%
38.3B
39.7B
-5.79% 2.78%
5.03
0.92
-0.58% -16.70%
32.3B
11.6B
-13.72% -40.31%
-61.41
2.79
-6.48% -149.86%
16.5B
22.3B
-6.37% 13.92%
4.26
0.74
20.92% 19.49%
MID-CAP
7.4B
22.3B
-3.23% -38.79%
14.22
0.33
37.87% -86.51%
5.3B
9.2B
-0.82% 11.75%
5.05
0.57
16.55% 15.99%
4.9B
20.3B
-7.54% -15.08%
1.42
0.22
-7.07% -62.92%
4.5B
4.0B
-6.89% 29.39%
26.45
1.11
37.35% 28250.00%
2.8B
5.2B
-0.34% 27.28%
13.38
0.54
10.80% -50.22%
2.2B
2.4B
-4.93% 31.88%
108.59
0.94
39.05% 118.84%
SMALL-CAP
802.0M
1.3B
5.55% -25.57%
3.67
0.55
-4.40% -78.62%
721.5M
2.0B
-8.64% -11.95%
7.17
0.37
31.55% 55.14%
578.8M
559.4M
-1.58% 16.68%
11.12
1.03
39.89% 222.80%
104.9M
220.4M
20.00% 46.21%
-15.05
0.48
32.42% -423.28%

Financials for Nucor

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue-4.3%39,72941,51243,15342,96539,960
  S&GA Expenses-6.7%1,8621,9972,0762,1161,940
EBITDA-11.6%11,07212,51813,03611,552-
EBITDA Margin-8.1%0.27*0.29*0.30*0.29*-
Earnings Before Taxes-12.7%8,94410,24511,71912,26510,801
EBT Margin-9.1%0.25*0.27*0.29*0.27*-
Net Income-12.6%6,6487,6078,6029,0357,981
Net Income Margin-8.1%0.18*0.20*0.21*0.20*-
Free Cahsflow-2.2%8,1248,3047,1936,416-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets-0.7%32,24632,47932,07331,66828,633
  Current Assets-2.6%14,31614,69214,35614,03414,781
    Cash Equivalents-11.2%3,8004,2813,0502,0033,725
  Inventory2.5%5,5915,4546,0466,5796,246
  Net PPE2.6%9,8639,6179,4409,2148,921
  Goodwill-0.1%3,9153,9203,9171,0372,904
Liabilities-4.6%12,31712,90913,24813,81612,490
  Current Liabilities-11.5%3,8304,3304,6325,3595,134
.    Short Term Borrowings-40.3%29.0049.0065.0010187.00
  Long Term Debt0.0%6,6166,6146,6176,6226,112
Shareholder's Equity8.2%19,93018,41517,70817,85316,143
  Retained Earnings4.1%25,76224,75523,63022,06419,635
  Additional Paid-In Capital1.2%2,1692,1442,1292,1152,163
Accumulated Depreciation1.8%10,91010,72010,570--
Shares Outstanding-1.6%259263272--
Minority Interest-21.0%9121,1551,1161,044939
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations-12.6%8,80710,07210,1499,0818,173
  Share Based Compensation-4.4%131137138143142
Cashflow From Investing3.7%-5,490-5,702-5,484-6,728-3,553
Cashflow From Financing-29.1%-3,242-2,510-3,573-3,059-3,381
  Dividend Payments-1.3%527534521509497
  Buy Backs-17.4%2,2832,7633,8624,0683,880

Risks for NUE

What is the probability of a big loss on NUE?

78.8%


Probability that Nucor stock will be more than 20% underwater in next one year

36.9%


Probability that Nucor stock will be more than 30% underwater in next one year.

16.5%


Probability that Nucor stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does NUE drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Nucor was unfortunately bought at previous high price.

Drawdowns

Returns for NUE

Cumulative Returns on NUE

14.4%


10-Year Cumulative Returns

18.7%


7-Year Cumulative Returns

19.0%


5-Year Cumulative Returns

51.2%


3-Year Cumulative Returns

What are the long-term rolling returns for NUE?

FIve years rolling returns for Nucor.

Annualized Returns

Which funds bought or sold NUE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-05-24
Old North State Trust, LLC
reduced
-6.19
25,000
276,000
0.19%
2023-05-23
Toroso Investments, LLC
added
134
5,688,000
8,942,000
0.15%
2023-05-23
3Chopt Investment Partners, LLC
new
-
572,186
572,186
0.30%
2023-05-22
Arete Wealth Advisors, LLC
added
56.49
-264,570,000
486,000
0.04%
2023-05-22
FDx Advisors, Inc.
unchanged
-
-
261,000
0.01%
2023-05-22
American Trust
reduced
-5.03
29,280
288,550
0.02%
2023-05-22
AMERIPRISE FINANCIAL INC
reduced
-12.3
6,370,300
243,478,000
0.08%
2023-05-22
Raleigh Capital Management Inc.
added
15.15
4,602
17,669
0.01%
2023-05-22
PUTNAM INVESTMENTS LLC
added
11.99
7,082,270
29,747,500
0.05%
2023-05-18
HNP Capital LLC
unchanged
-
45,683
311,412
0.09%

1–10 of 43

Latest Funds Activity

Are funds buying NUE calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own NUE
No. of Funds

Nucor News

Seeking Alpha
Nucor: Between Cyclical Headwinds And Secular Tailwinds (NYSE ....
Seeking Alpha,
26 hours ago
Zacks Investment Research
Zacks Investment Research
Zacks Investment Research
Best Stocks

Schedule 13G FIlings of Nucor

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
12.72%
32,641,370
SC 13G/A
Feb 07, 2023
state street corp
5.17%
13,274,121
SC 13G/A
Feb 03, 2023
blackrock inc.
8.6%
22,091,789
SC 13G/A
Jan 31, 2023
state farm mutual automobile insurance co
8.46%
21,703,504
SC 13G/A
Mar 10, 2022
state farm mutual automobile insurance co
8.07%
21,711,916
SC 13G/A
Feb 11, 2022
capital world investors
4.8%
13,603,414
SC 13G/A
Feb 11, 2022
state street corp
5.41%
15,451,278
SC 13G/A
Feb 10, 2022
vanguard group inc
12.54%
35,844,909
SC 13G/A
Feb 07, 2022
blackrock inc.
7.9%
22,447,913
SC 13G/A
Feb 02, 2022
state farm mutual automobile insurance co
7.60%
21,711,916
SC 13G/A

NUE Fair Value

Recent SEC filings of Nucor

View All Filings
Date Filed Form Type Document
May 19, 2023
3
Insider Trading
May 12, 2023
8-K
Current Report
May 10, 2023
10-Q
Quarterly Report
Apr 20, 2023
8-K
Current Report
Mar 24, 2023
ARS
ARS
Mar 24, 2023
DEF 14A
DEF 14A
Mar 24, 2023
DEFA14A
DEFA14A
Mar 15, 2023
4
Insider Trading
Mar 13, 2023
4
Insider Trading
Mar 13, 2023
4
Insider Trading

Latest Insider Trading transactions for NUE

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-14
Topalian Leon J
sold (taxes)
-3,747,270
155
-24,165
chair, president and ceo
2023-03-10
Sumoski David A
acquired
237,657
167
1,415
chief operating officer
2023-03-10
Topalian Leon J
acquired
682,500
167
4,066
chair, president and ceo
2023-03-10
Laxton Stephen D
acquired
186,235
167
1,109
cfo, treasurer and evp
2023-03-10
Jellison Douglas J
acquired
1,023,750
167
6,099
executive vice president
2023-03-10
Hanners Noah C
acquired
666,845
167
3,972
executive vice president
2023-03-10
Needham Daniel R.
acquired
409,500
167
2,439
executive vice president
2023-03-10
Utermark D. Chad
acquired
454,544
167
2,708
executive vice president
2023-03-07
Utermark D. Chad
sold (taxes)
-1,640,000
175
-9,324
executive vice president
2023-02-20
Hollatz John J
acquired
-
-
6,924
executive vice president

1–10 of 50

Leon J. Topalian
28800
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.

NUE Income Statement

2023-04-01
Condensed Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Apr. 01, 2023
Apr. 02, 2022
Income Statement [Abstract]  
Net sales$ 8,709,980$ 10,493,282
Costs, expenses and other:  
Cost of products sold6,711,7787,035,143
Marketing, administrative and other expenses389,895524,584
Equity in losses/(earnings) of unconsolidated affiliates1,340(7,695)
Interest expense, net10,18343,135
Costs, expenses and other, total7,113,1967,595,167
Earnings before income taxes and noncontrolling interests1,596,7842,898,115
Provision for income taxes365,155671,000
Net earnings before noncontrolling interests1,231,6292,227,115
Earnings attributable to noncontrolling interests95,087131,492
Net earnings attributable to Nucor stockholders$ 1,136,542$ 2,095,623
Net earnings per share:  
Basic$ 4.47$ 7.69
Diluted$ 4.45$ 7.67
Average shares outstanding:  
Basic253,608271,564
Diluted254,397272,094

NUE Balance Sheet

2023-04-01
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 01, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 3,800,034$ 4,280,852
Short-term investments817,811576,946
Accounts receivable, net3,661,9743,591,030
Inventories, net5,590,8525,453,531
Other current assets445,714789,325
Total current assets14,316,38514,691,684
Property, plant and equipment, net9,862,9879,616,920
Restricted cash and cash equivalents81,14580,368
Goodwill3,914,9083,920,060
Other intangible assets, net3,263,3853,322,265
Other assets807,580847,913
Total assets32,246,39032,479,210
Current liabilities:  
Short-term debt29,31649,081
Current portion of long-term debt and finance lease obligations25,13328,582
Accounts payable2,012,0921,649,523
Salaries, wages and related accruals759,4031,654,210
Accrued expenses and other current liabilities1,003,996948,348
Total current liabilities3,829,9404,329,744
Long-term debt and finance lease obligations due after one year6,616,4986,613,687
Deferred credits and other liabilities1,870,0821,965,873
Total liabilities12,316,52012,909,304
Commitments and contingencies
Nucor stockholders' equity:  
Common stock152,061152,061
Additional paid-in capital2,168,7702,143,520
Retained earnings25,762,03224,754,873
Accumulated other comprehensive loss, net of income taxes(165,358)(137,517)
Treasury stock(8,900,124)(8,498,243)
Total Nucor stockholders' equity19,017,38118,414,694
Noncontrolling interests912,4891,155,212
Total equity19,929,87019,569,906
Total liabilities and equity$ 32,246,390$ 32,479,210