NUENucor

Materials · Steel · NYSE

Nucor Corporation, a Delaware corporation incorporated in 1958, and its affiliates (“Nucor,” the “Company,” “we,” “us” or “our”) manufacture steel and steel products. 10-K, Item 1

Headquarters: Charlotte, NC
CEO: Leon J. Topalian
Next results: around Jan 25, 2027

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NUE and 9 peers, year by year

The 9 Materials companies closest to NUE in revenue over the last twelve months. Every number is from the 10-K and links to it in SEC's Inline XBRL viewer.

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Each company's latest fiscal year
Company	Year	Revenue	Sales growth	Gross margin	Operating margin	Net margin	FCF margin	Return on equity	Debt / equity
NUE Nucor	FY2025	$32.5B	+5.7%	-	-	5.4%	−0.6%	8.3%	0.34
LIN Linde plc	FY2025	$34.0B	+3.0%	-	26.3%	20.3%	15.0%	18.0%	0.70
CRH CRH plc	FY2025	$37.4B	+5.3%	36.1%	14.5%	10.0%	7.8%	15.6%	0.74
LYB LyondellBasell	FY2025	$30.2B	−9.7%	-	−1.4%	−2.4%	1.3%	−7.3%	1.28
SW Smurfit Westrock	FY2025	$31.2B	+47.7%	19.4%	5.5%	2.2%	3.8%	3.8%	0.74
DOW Dow Inc.	FY2025	$40.0B	−7.0%	-	-	−6.6%	−3.6%	−16.4%	1.13
NEM Newmont	FY2025	$22.7B	+21.3%	-	-	31.3%	32.2%	20.9%	0.15
FCX Freeport-McMoRan	FY2025	$25.9B	+0.1%	-	25.2%	8.5%	4.3%	11.7%	0.50
SHW Sherwin-Williams	FY2025	$23.6B	+2.1%	48.8%	-	10.9%	11.3%	55.9%	2.36
IP International Paper	FY2025	$23.6B	+49.3%	-	-	−14.9%	−0.7%	−23.7%	0.66

Revenuepeer median $30.2B

Sales growthpeer median +3.0%

Gross marginpeer median 36.1%

SHW 48.8%
CRH 36.1%
SW 19.4%
NUE -
LIN -
LYB -
DOW -
NEM -
FCX -
IP -

Operating marginpeer median 14.5%

LIN 26.3%
FCX 25.2%
CRH 14.5%
SW 5.5%
LYB −1.4%
NUE -
DOW -
NEM -
SHW -
IP -

Net marginpeer median 8.5%

FCF marginpeer median 4.3%

Return on equitypeer median 11.7%

Debt / equitypeer median 0.74

SHW 2.36
LYB 1.28
DOW 1.13
SW 0.74
CRH 0.74
LIN 0.70
IP 0.66
FCX 0.50
NUE 0.34
NEM 0.15

RevenueSales growthGross marginOperating marginNet marginFree cash flowFCF marginReturn on equityDebt / equityEPS (diluted)

Revenue, FY2016 to FY2025

Revenue as reported in the 10-K.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
NUE Dec	$16.2B	$20.3B	$25.1B	$22.6B	$20.1B	$36.5B	$41.5B	$34.7B	$30.7B	$32.5B
LIN Dec	$10.5B	$11.4B	$14.8B	$28.2B	$27.2B	$30.8B	$33.4B	$32.9B	$33.0B	$34.0B
CRH Dec	-	-	-	-	-	$29.2B	$32.7B	$34.9B	$35.6B	$37.4B
LYB Dec	$29.2B	$34.5B	$39.0B	$34.7B	$27.8B	$46.2B	$50.5B	$33.3B	$33.4B	$30.2B
SW Dec	-	-	-	-	-	-	$13.5B	$12.1B	$21.1B	$31.2B
DOW Dec	-	$43.7B	$49.6B	$43.0B	$38.5B	$55.0B	$56.9B	$44.6B	$43.0B	$40.0B
NEM Dec	$6.7B	$7.4B	$7.3B	$9.7B	$11.5B	$12.2B	$11.9B	$11.8B	$18.7B	$22.7B
FCX Dec	$14.8B	$16.4B	$18.9B	$14.4B	$14.2B	$22.8B	$23.3B	$25.5B	-	$25.9B
SHW Dec	$11.9B	$15.0B	$17.5B	$17.9B	$18.4B	$19.9B	$22.1B	$23.1B	$23.1B	$23.6B
IP Dec	$19.5B	$21.7B	$23.3B	$18.3B	$17.6B	$19.4B	$21.2B	$16.0B	$15.8B	$23.6B
Peer median	$13.3B	$16.4B	$18.9B	$18.3B	$18.4B	$26.0B	$23.3B	$25.5B	$28.1B	$30.2B

Sales growth, FY2016 to FY2025

Revenue against the fiscal year before.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
NUE Dec	−1.4%	+25.0%	+23.8%	−9.9%	−10.8%	+81.2%	+13.8%	−16.4%	−11.5%	+5.7%
LIN Dec	-	+8.6%	+30.6%	+90.3%	−3.5%	+13.0%	+8.3%	−1.5%	+0.5%	+3.0%
CRH Dec	-	-	-	-	-	-	+12.0%	+6.8%	+1.8%	+5.3%
LYB Dec	−10.9%	+18.5%	+13.1%	−11.1%	−20.4%	+67.2%	+9.3%	−18.5%	+0.2%	−9.7%
SW Dec	-	-	-	-	-	-	-	−10.5%	+74.6%	+47.7%
DOW Dec	-	-	+13.4%	−13.4%	−10.3%	+42.6%	+3.5%	−21.6%	−3.7%	−7.0%
NEM Dec	+10.3%	+10.5%	−1.7%	+34.3%	+18.0%	+6.3%	−2.5%	−0.9%	+58.2%	+21.3%
FCX Dec	+1.5%	+9.1%	+19.2%	−24.3%	−3.2%	+61.4%	+3.8%	+10.9%	-	+0.1%
SHW Dec	+4.6%	+26.4%	+17.0%	+2.1%	+2.6%	+8.6%	+11.1%	+4.1%	+0.2%	+2.1%
IP Dec	−5.7%	+11.5%	+7.2%	−4.0%	−4.1%	+10.2%	+9.3%	−10.6%	−1.2%	+49.3%
Peer median	+1.5%	+11.0%	+13.4%	−4.0%	−3.5%	+13.0%	+8.8%	−1.5%	+0.3%	+3.0%

Gross margin, FY2016 to FY2025

Gross profit / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
NUE Dec	-	-	-	-	-	-	-	-	-	-
LIN Dec	-	-	-	-	-	-	-	-	-	-
CRH Dec	-	-	-	-	-	33.6%	33.1%	34.2%	35.7%	36.1%
LYB Dec	-	-	-	-	-	-	-	-	-	-
SW Dec	-	-	-	-	-	-	24.2%	25.3%	19.9%	19.4%
DOW Dec	-	-	17.2%	14.7%	13.5%	-	-	-	-	-
NEM Dec	-	-	-	-	-	-	-	-	-	-
FCX Dec	-	-	-	-	-	-	-	-	-	-
SHW Dec	49.9%	44.8%	42.3%	44.9%	47.3%	42.8%	42.1%	46.7%	48.5%	48.8%
IP Dec	-	-	-	-	-	-	-	-	-	-
Peer median	-	-	-	-	-	-	33.1%	34.2%	35.7%	36.1%

Operating margin, FY2016 to FY2025

Operating income / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
NUE Dec	-	-	-	-	-	-	-	-	-	-
LIN Dec	21.3%	21.5%	35.4%	10.4%	12.2%	16.2%	16.1%	24.4%	26.2%	26.3%
CRH Dec	-	-	-	-	-	11.4%	11.6%	12.0%	13.8%	14.5%
LYB Dec	17.3%	15.8%	13.4%	11.9%	5.6%	14.7%	10.1%	8.2%	5.7%	−1.4%
SW Dec	-	-	-	-	-	-	11.5%	11.3%	4.8%	5.5%
DOW Dec	-	-	-	-	-	-	-	-	-	-
NEM Dec	-	-	-	-	-	-	-	-	-	-
FCX Dec	−18.4%	22.5%	25.1%	7.6%	17.2%	36.6%	30.2%	27.0%	-	25.2%
SHW Dec	18.3%	14.9%	14.9%	15.7%	18.4%	15.5%	15.3%	18.1%	-	-
IP Dec	-	-	-	-	-	-	-	-	-	-
Peer median	17.8%	18.7%	20.0%	11.1%	14.7%	15.5%	13.5%	15.0%	9.8%	14.5%

Net margin, FY2016 to FY2025

Net income / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
NUE Dec	4.9%	6.5%	9.4%	5.6%	3.6%	18.7%	18.3%	13.0%	6.6%	5.4%
LIN Dec	14.2%	11.0%	29.5%	8.1%	9.2%	12.4%	12.4%	18.9%	19.9%	20.3%
CRH Dec	-	-	-	-	-	9.0%	11.8%	9.1%	9.8%	10.0%
LYB Dec	13.1%	14.1%	12.0%	9.8%	5.1%	12.2%	7.7%	6.4%	4.1%	−2.4%
SW Dec	-	-	-	-	-	-	7.7%	6.8%	1.5%	2.2%
DOW Dec	-	1.1%	9.4%	−3.2%	3.2%	11.5%	8.1%	1.3%	2.6%	−6.6%
NEM Dec	−9.4%	−1.5%	4.7%	28.8%	24.6%	9.5%	−3.6%	−21.1%	17.9%	31.3%
FCX Dec	−28.0%	11.1%	13.7%	−1.7%	4.2%	18.8%	14.9%	7.4%	-	8.5%
SHW Dec	9.6%	11.5%	6.3%	8.6%	11.1%	9.3%	9.1%	10.4%	11.6%	10.9%
IP Dec	4.6%	9.9%	8.6%	6.7%	2.7%	9.0%	7.1%	1.8%	3.5%	−14.9%
Peer median	7.1%	11.0%	9.4%	8.1%	5.1%	10.5%	8.1%	6.8%	7.0%	8.5%

Free cash flow, FY2016 to FY2025

Cash from operations minus capital spending.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
NUE Dec	$1.1B	$606.8M	$1.4B	$1.3B	$1.2B	$4.6B	$8.1B	$4.9B	$806.0M	−$188.0M
LIN Dec	$1.3B	$1.7B	$1.8B	$2.4B	$4.0B	$6.6B	$5.7B	$5.5B	$4.9B	$5.1B
CRH Dec	-	-	-	-	-	$2.4B	$2.3B	$3.2B	$2.4B	$2.9B
LYB Dec	$3.4B	$3.7B	$3.4B	$2.3B	$1.5B	$5.7B	$4.2B	$3.4B	$2.0B	$384.0M
SW Dec	-	-	-	-	-	-	$503.0M	$630.0M	$17.0M	$1.2B
DOW Dec	-	−$7.7B	$2.2B	$4.0B	$5.0B	$5.5B	$5.7B	$2.8B	−$26.0M	−$1.4B
NEM Dec	$1.7B	$1.3B	$795.0M	$1.4B	$3.6B	$2.6B	$1.1B	$97.0M	$3.0B	$7.3B
FCX Dec	$924.0M	$3.3B	$1.9B	−$1.2B	$1.1B	$5.6B	$1.7B	$2.4B	-	$1.1B
SHW Dec	$1.1B	$1.7B	$1.7B	$2.0B	$3.1B	$1.9B	$1.3B	$2.6B	$2.1B	$2.7B
IP Dec	$1.2B	$477.0M	$1.7B	$2.5B	$2.4B	$1.6B	$1.2B	$692.0M	$757.0M	−$159.0M
Peer median	$1.3B	$1.7B	$1.8B	$2.3B	$3.1B	$4.1B	$1.7B	$2.6B	$2.0B	$1.2B

FCF margin, FY2016 to FY2025

Free cash flow / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
NUE Dec	7.1%	3.0%	5.6%	5.9%	5.7%	12.6%	19.6%	14.1%	2.6%	−0.6%
LIN Dec	12.6%	15.2%	11.9%	8.6%	14.8%	21.6%	17.1%	16.8%	14.9%	15.0%
CRH Dec	-	-	-	-	-	8.3%	7.0%	9.2%	6.8%	7.8%
LYB Dec	11.5%	10.6%	8.6%	6.5%	5.2%	12.4%	8.4%	10.2%	5.9%	1.3%
SW Dec	-	-	-	-	-	-	3.7%	5.2%	0.1%	3.8%
DOW Dec	-	−17.7%	4.4%	9.2%	12.9%	10.0%	9.9%	6.4%	−0.1%	−3.6%
NEM Dec	24.6%	17.0%	11.0%	14.4%	31.1%	21.5%	9.1%	0.8%	15.8%	32.2%
FCX Dec	6.2%	19.9%	10.0%	−8.1%	7.4%	24.5%	7.2%	9.2%	-	4.3%
SHW Dec	9.0%	11.1%	9.7%	11.1%	16.9%	9.4%	5.8%	11.4%	9.0%	11.3%
IP Dec	6.3%	2.2%	7.1%	13.5%	13.7%	8.0%	5.9%	4.3%	4.8%	−0.7%
Peer median	10.3%	11.1%	9.7%	9.2%	13.7%	11.2%	7.2%	9.2%	6.4%	4.3%

Return on equity, FY2016 to FY2025

Net income / shareholders' equity at the year end.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
NUE Dec	10.1%	15.1%	24.1%	12.3%	6.7%	48.7%	41.3%	21.6%	10.0%	8.3%
LIN Dec	27.6%	20.7%	8.5%	4.7%	5.3%	8.7%	10.4%	15.6%	17.2%	18.0%
CRH Dec	-	-	-	-	-	12.4%	17.4%	15.2%	16.2%	15.6%
LYB Dec	63.4%	54.5%	45.7%	42.2%	17.9%	47.4%	30.8%	16.4%	11.0%	−7.3%
SW Dec	-	-	-	-	-	-	n/m	13.4%	1.8%	3.8%
DOW Dec	-	1.5%	14.3%	−10.0%	9.9%	34.7%	22.1%	3.2%	6.4%	−16.4%
NEM Dec	−5.9%	−1.1%	3.2%	13.1%	12.3%	5.3%	−2.2%	−8.6%	11.2%	20.9%
FCX Dec	−68.6%	22.8%	26.6%	−2.6%	5.9%	30.8%	22.3%	10.7%	-	11.7%
SHW Dec	60.3%	47.4%	29.7%	37.4%	56.2%	76.5%	65.1%	64.3%	66.2%	55.9%
IP Dec	20.8%	32.9%	27.3%	15.9%	6.1%	19.3%	17.7%	3.4%	6.8%	−23.7%
Peer median	24.2%	22.8%	26.6%	13.1%	9.9%	25.0%	19.9%	13.4%	11.1%	11.7%

Debt / equity, FY2016 to FY2025

Total debt / shareholders' equity at the year end.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
NUE Dec	0.56	0.43	0.44	0.42	0.50	0.40	0.36	0.33	0.34	0.34
LIN Dec	-	1.49	0.28	0.27	0.33	0.30	0.44	0.48	0.56	0.70
CRH Dec	-	-	-	-	-	-	0.43	0.56	0.65	0.74
LYB Dec	1.48	0.96	0.92	1.50	2.00	0.98	0.90	0.87	0.89	1.28
SW Dec	-	-	-	-	-	-	-	0.61	0.81	0.74
DOW Dec	-	0.67	0.61	1.26	1.38	0.81	0.74	0.81	0.93	1.13
NEM Dec	0.43	0.38	0.39	0.29	0.26	0.26	0.29	0.31	0.28	0.15
FCX Dec	0.57	1.66	1.14	1.06	0.95	0.68	0.68	0.51	-	0.50
SHW Dec	1.04	2.88	2.50	2.11	2.30	3.95	3.41	2.65	2.44	2.36
IP Dec	2.61	1.71	1.45	1.27	1.03	0.61	0.66	0.67	0.68	0.66
Peer median	1.04	1.49	0.92	1.26	1.03	0.68	0.67	0.61	0.75	0.74

EPS (diluted), FY2016 to FY2025

Diluted earnings per share, on today's share count after splits.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
NUE Dec	$2.48	$4.10	$7.42	$4.14	$2.36	$23.16	$28.79	$18.00	$8.46	$7.52
LIN Dec	$5.21	$4.32	$13.11	$4.19	$4.71	$7.33	$8.23	$12.59	$13.62	$14.61
CRH Dec	-	-	-	-	-	$3.32	$5.11	$4.33	$5.02	$5.51
LYB Dec	$9.13	$12.23	$12.01	$9.58	$4.24	$16.75	$11.81	$6.46	$4.15	−$2.34
SW Dec	-	-	-	-	-	-	$3.96	$3.17	$0.82	$1.33
DOW Dec	-	$0.60	$6.21	−$1.84	$1.64	$8.38	$6.28	$0.82	$1.57	−$3.70
NEM Dec	−$1.18	−$0.21	$0.64	$3.81	$3.51	$1.46	−$0.54	−$2.97	$2.92	$6.39
FCX Dec	−$3.16	$1.25	$1.78	−$0.17	$0.41	$2.90	-	-	-	-
SHW Dec	$4.00	$6.07	$3.89	$5.50	$7.36	$6.98	$7.72	$9.25	$10.55	$10.26
IP Dec	$2.18	$5.13	$4.85	$3.07	$1.22	$4.47	$4.10	$0.82	$1.57	−$6.95
Peer median	$3.09	$4.32	$4.85	$3.81	$3.51	$5.72	$5.70	$3.75	$3.54	$3.42

Fiscal years are lined up as each company's 10-K names them; the month next to a ticker is when its year ends. Hover a number for the XBRL line items and the filing; click it to open the filing on sec.gov. "n/m" means not meaningful: equity below zero, or a base so close to zero that the ratio says nothing. The peer median leaves out NUE and needs at least three peers with the number. P/E, P/S and P/FCF at each year end appear here once the site has daily prices. What the same companies write about AI, tariffs and more →

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