10x Insights
Loading account…
NUE

Nucor

MaterialsPrimary MetalsS&P 500
Ticker NUECHARLOTTE, NCFiscal year ends DecemberBook value per share $96.59Diluted shares 228.9M

Nucor Corporation is North America's largest recycler and a leading manufacturer of steel and steel products. The company operates through three reportable segments: steel mills, which represented 62% of sales to external customers in 2025; steel products; and raw materials. Nucor's steel mills segment produces sheet… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-07-04
Sales & profitability
$32.49BFY2025
+5.7% year over year
Last 12 mo $36.10B
7.98%FY2025
−1.3 percentage points
Last 12 mo 11.43%
$2.04BFY2025
−12.1% year over year
Last 12 mo $3.26B
8.58%FY2025
−1.9 percentage points
Last 12 mo 13.04%
Cash & financing
$3.23BFY2025
−18.7% year over year
Last 12 mo $4.42B
$-188.00MFY2025
−123.3% year over year
Last 12 mo $1.58B
0.34FY2025
Was 0.34× a year earlier
Last 12 mo 0.32
231.0MFY2025
−3.1% year over year
Last 12 mo 228.9M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Nucor does

In the company’s own words

Nucor Corporation is North America's largest recycler and a leading manufacturer of steel and steel products. The company operates through three reportable segments: steel mills, which represented 62% of sales to external customers in 2025; steel products; and raw materials. Nucor's steel mills segment produces sheet steel, plate steel, structural steel, and bar steel, primarily using electric arc furnaces that melt recycled scrap steel as the primary raw material. In 2025, the company recycled approximately 20 million gross tons of scrap steel and shipped approximately 19.8 million tons from its steel mills segment.

The steel products segment manufactures steel joists, joist girders, steel deck, hollow structural section tubing, electrical conduit, fabricated reinforcing steel, cold finished steel, fasteners, grating, metal building systems, insulated metal panels, steel racking systems, overhead doors, and utility towers and structures. The raw materials segment produces direct reduced iron, brokers ferrous and non-ferrous metals through The David J. Joseph Company, supplies ferro-alloys, processes scrap metal, operates natural gas production wells, and provides industrial gas services through Universal Industrial Gases.

Nucor maintains a nationwide footprint with multiple manufacturing facilities across the United States, Canada, and Mexico. The company serves diverse end-use markets including nonresidential construction, durable goods, automotive, infrastructure, and renewable energy sectors. Notable branded product lines include AEOS high-strength, low-alloy steel beams, ECONIQ net-zero carbon steel, and ELCYON sustainable heavy gauge steel plate. Recent strategic acquisitions have expanded capabilities in data center infrastructure, overhead doors, and insulated metal panels, supporting the company's strategy to grow its core business while expanding into higher-margin, value-added products.

Nucor's competitive advantages include its efficient EAF-based steelmaking process with lower greenhouse gas emissions compared to blast furnace competitors, extensive recycling and raw materials infrastructure, nationwide distribution network, and established market leadership in numerous product categories. The company's website is www.nucor.com.

Company details
Sector
Materials
Industry (SIC)
Primary Metals
Headquarters
CHARLOTTE, NC
Fiscal year end
December
CIK
73309
SIC
3312

Financial performance, year by year

Fiscal 2013–2025 · USD
$-4.15B$8.30B$20.76B$33.21B$45.66B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Nucor — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

751
funds hold it
1 of 35
superinvestors hold it
$15.47B
held by funds, at market
29.9%
of shares held by funds
11
bond issues held by funds

Superinvestors in Nucor · what they did last quarter

Warren BuffettDECREASED -52.5%
Berkshire Hathaway
0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Nucor’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.07%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.08%of fund net assets
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.49%of fund net assets
Fidelity 500 Index Fund
FXAIX · Fidelity Concord Street Trust
0.09%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.08%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Nucor’s bonds, as funds hold them

Funds report holding 11 issues of Nucor’s debt, $454.13M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.14%, maturing 2027 to 2055.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Nucor and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Nucor's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Nucor's last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.