Nucor Corporation (NUE) Stock

Nucor Corporation (NUE) is a Materials stock trading at $222.26 (as of 2026-07-09), with a market capitalization of $50.62B and a trailing P/E of 21.7. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Nucor Corporation manufactures and sells steel and steel-related products across multiple segments, including steel mills (various sheet, plate, beam and bar products, and related trading/distribution) and steel products (steel tubing, structural components, metal building and panel systems, reinforcing, and wire/mesh, plus piling distribution). It sells primarily to steel service centers, fabricators, and manufacturers in the U.S., Canada, and Mexico.

Understand Nucor Corporation: how it makes money

Nucor manufactures and sells steel and steel products, and also runs steel trading and rebar distribution, making money by selling these products to steel service centers, fabricators, and manufacturers in the United States, Canada, and Mexico.

Nucor’s profit model is built around two main operational engines, Steel Mills (making steel products) and Steel Products (selling through steel products activities), with smaller contributions from Raw materials and Corporate.

Business quality (Solid): A manufacturing-led steel company with a profit split across Steel Mills and Steel Products activities, so investors can track results through segment earnings rather than relying on one line of business.

Valuation: At 24× earnings, NUE trades in line with the Steel Works average (24×). Note: one-time items can distort reported P/E.

Bull case

Two operational profit engines: Nucor’s reporting and operating metrics separate Steel Mills and Steel Products, which helps investors see which part of the business is driving segment earnings.
Broader product and channel mix: Its Steel Mills output spans multiple steel product types (sheet, plate, beams, piling, bar), and its Steel Products activities include steel trading and rebar distribution.

Bear case

Results can be uneven across segments: Because segment-level operating metrics are split between Steel Mills and Steel Products, weaker performance in one segment can offset strength in the other.
Corporate and Raw materials contributions are smaller: The provided operating metric set includes Corporate segment earnings (loss) and Raw materials segment earnings, implying these areas can dilute or limit the overall earnings contribution relative to Steel Mills and Steel Products.

Valuation — source: SEC EDGAR (first-party)
Price	$222.26
Market Cap	$50.62B
P/E Ratio	21.7
EV / EBITDA	10.5
Price / Book	2.24
Price / Sales	1.48
FCF Yield	1.1%
DCF Value (model)	$139.62
DCF Upside vs Price	-37.2%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$32.49B
Net Margin	5.4%
Revenue Growth (YoY)	21.3%
EPS Growth (YoY)	382.1%
FCF Growth (YoY)	-145.5%

Financial Health — source: SEC EDGAR
Altman Z-Score	5.03 (safe)
Piotroski F-Score	7/9 (strong)

Valuation vs Sector & Industry
Stock P/E	21.7
Sector P/E (Materials)	25.9
Industry P/E (Steel Works)	21.1
vs Sector	-16.0%
vs Industry	3.1%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	VANGUARD GROUP INC ($4.63B)
Institutional Holders Tracked	10
Congressional Trades (recent)	8

Company
Sector	Materials
Industry	Steel Works
CEO	Leon J. Topalian
Employees	32,700
Country	US
IPO Date	1980-03-17

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Data as of 2026-07-09.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.