Market Cap
US$16.8b
Last Updated
2019/11/11 23:39 UTC
Data Sources
Company Financials +
Executive Summary
Nucor Corporation manufactures and sells steel and steel products in the United States and internationally.
Snowflake
Fundamentals
Flawless balance sheet second-rate dividend payer.
Similar Companies
Share Price & News
How has Nucor's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NUE has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-0.8%
NUE
-1.9%
US Metals and Mining
0.3%
US Market
1 Year Return
-10.8%
NUE
2.0%
US Metals and Mining
12.5%
US Market
Return vs Industry: NUE underperformed the US Metals and Mining industry which returned 2% over the past year.
Return vs Market: NUE underperformed the US Market which returned 12.5% over the past year.
Shareholder returns
| NUE | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.8% | -1.9% | 0.3% |
| 30 Day | 5.3% | 6.0% | 4.1% |
| 90 Day | 10.5% | 8.1% | 5.6% |
| 1 Year | -8.1%-10.8% | 5.1%2.0% | 15.0%12.5% |
| 3 Year | 0.8%-6.9% | 3.6%-1.9% | 49.1%39.4% |
| 5 Year | 18.6%2.4% | 8.8%0.2% | 62.8%44.7% |
Price Volatility Vs. Market
How volatile is Nucor's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
Imagine Owning Nucor (NYSE:NUE) And Wondering If The 11% Share Price Slide Is Justified2 weeks ago | Simply Wall St
Earnings Beat: Nucor Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models3 weeks ago | Simply Wall St
What Type Of Shareholder Owns Nucor Corporation's (NYSE:NUE)?Valuation
Is Nucor undervalued compared to its fair value and its price relative to the market?
9.44x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NUE ($55.46) is trading above our estimate of fair value ($35.78)
Significantly Below Fair Value: NUE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NUE is good value based on its PE Ratio (9.4x) compared to the Metals and Mining industry average (12.3x).
PE vs Market: NUE is good value based on its PE Ratio (9.4x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: NUE's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: NUE is overvalued based on its PB Ratio (1.6x) compared to the US Metals and Mining industry average (1.5x).
Next Steps
Future Growth
How is Nucor forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
-13.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NUE's earnings are forecast to decline over the next 3 years (-13.4% per year).
Earnings vs Market: NUE's earnings are forecast to decline over the next 3 years (-13.4% per year).
High Growth Earnings: NUE's earnings are forecast to decline over the next 3 years.
Revenue vs Market: NUE's revenue (0.6% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: NUE's revenue (0.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NUE's Return on Equity is forecast to be low in 3 years time (10%).
Next Steps
Past Performance
How has Nucor performed over the past 5 years?
36.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NUE has high quality earnings.
Growing Profit Margin: NUE's current net profit margins (7.6%) are lower than last year (8.7%).
Past Earnings Growth Analysis
Earnings Trend: NUE's earnings have grown significantly by 36.8% per year over the past 5 years.
Accelerating Growth: NUE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NUE had negative earnings growth (-13.6%) over the past year, making it difficult to compare to the Metals and Mining industry average (-7.6%).
Return on Equity
High ROE: NUE's Return on Equity (17.7%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Nucor's financial position?
Financial Position Analysis
Short Term Liabilities: NUE's short term assets ($8.7B) exceeds its short term liabilities ($2.6B)
Long Term Liabilities: NUE's short term assets (8.7B) exceeds its long term liabilities (5.1B)
Debt to Equity History and Analysis
Debt Level: NUE's debt to equity ratio (39.4%) is considered satisfactory
Reducing Debt: NUE's debt to equity ratio has reduced from 55.1% to 39.4% over the past 5 years.
Debt Coverage: NUE's debt is well covered by operating cash flow (61%).
Interest Coverage: NUE's interest payments on its debt are well covered by EBIT (20.9x coverage).
Balance Sheet
Inventory Level: NUE has a high level of physical assets or inventory.
Debt Coverage by Assets: NUE's debt is covered by short term assets (assets are 2x debt).
Next Steps
Dividend
What is Nucor's current dividend yield, its reliability and sustainability?
2.88%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: NUE's dividend (2.88%) is higher than the bottom 25% of dividend payers in the US market (1.42%).
High Dividend: NUE's dividend (2.88%) is low compared to the top 25% of dividend payers in the US market (3.67%).
Stability and Growth of Payments
Stable Dividend: NUE's dividend payments have been volatile in the past 10 years.
Growing Dividend: NUE's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (27.2%), NUE's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NUE's dividends in 3 years are forecast to be well covered by earnings (42% payout ratio).
Next Steps
Management
What is the CEO of Nucor's salary, the management and board of directors tenure and is there insider trading?
6.8yrs
Average management tenure
CEO
John Ferriola (66yo)
6.8yrs
Tenure
US$15,559,469
Compensation
Mr. John J. Ferriola has been the Chief Executive Officer at Nucor Corporation since January 1, 2013 and was its President from January 2011 to September 5, 2019. Mr. Ferriola served as the Chief Operatin ...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD15.56M) is above average for companies of similar size in the US market ($USD11.12M).
Compensation vs Earnings: John's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Management Age and Tenure
6.8yrs
Average Tenure
61yo
Average Age
Experienced Management: NUE's management team is seasoned and experienced (6.8 years average tenure).
Board Age and Tenure
2.9yrs
Average Tenure
63yo
Average Age
Experienced Board: NUE's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: NUE insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Shares | 10,697 |
| Max Price | US$54.12 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman & CEO |
| Shares | 3,203 |
| Max Price | US$54.00 |
| Entity | Individual |
| Role | Senior Key Executive Executive Vice President of Engineered Bar Products |
| Shares | 8,000 |
| Max Price | US$52.71 |
| Entity | Individual |
| Role | Senior Key Executive Executive Vice President of Engineered Bar Products |
| Shares | 7,214 |
| Max Price | US$56.34 |
| Entity | Individual |
| Role | President President & COO |
| Shares | 5,798 |
| Max Price | US$56.47 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman & CEO |
| Shares | 19,193 |
| Max Price | US$56.37 |
| Entity | Individual |
| Role | Senior Key Executive Executive Vice President of Flat-Rolled Products |
| Shares | 28,998 |
| Max Price | US$56.90 |
| Entity | Individual |
| Role | President President & COO |
| Shares | 1,253 |
| Max Price | US$56.99 |
| Entity | Individual |
| Role | Senior Key Executive Executive Vice President of Engineered Bar Products |
| Shares | 10,000 |
| Max Price | US$58.28 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
John Ferriola (66yo)
Chairman & CEO
- Tenure: 6.8yrs
- Compensation: US$15.56m
Ladd Hall (62yo)
Executive Vice President of Flat-Rolled Products
- Tenure: 12.8yrs
- Compensation: US$4.86m
James Frias (62yo)
CFO, Treasurer & Executive VP
- Tenure: 9.8yrs
- Compensation: US$5.43m
Dave Sumoski (52yo)
Executive Vice President of Merchant & Rebar Products
- Tenure: 5.8yrs
D. Utermark (50yo)
Executive Vice President of Fabricated Construction Products
- Tenure: 5.8yrs
Ray Napolitan (61yo)
Executive Vice President of Engineered Bar Products
- Tenure: 6.8yrs
- Compensation: US$4.57m
Leon Topalian (51yo)
President & COO
- Tenure: 0.2yrs
Donovan Marks
General Manager of Human Resources
- Tenure: 0yrs
Greg Murphy
VP & General Counsel
- Tenure: 0yrs
Paul Donnelly
Director of Investor Relations
- Tenure: 0yrs
Board Members
John Ferriola (66yo)
Chairman & CEO
- Tenure: 6.8yrs
- Compensation: US$15.56m
Chris Kearney (63yo)
Independent Director
- Tenure: 11.1yrs
- Compensation: US$277.76k
Laurette Koellner (64yo)
Independent Director
- Tenure: 4.2yrs
- Compensation: US$280.96k
Patrick Dempsey (55yo)
Independent Director
- Tenure: 2.9yrs
- Compensation: US$264.96k
John Walker (62yo)
Lead Director
- Tenure: 2.8yrs
- Compensation: US$311.96k
Lloyd Austin (65yo)
Independent Director
- Tenure: 2.2yrs
- Compensation: US$264.96k
Nadja West (58yo)
Director
- Tenure: 0.2yrs
Company Information
Nucor Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Nucor Corporation
- Ticker: NUE
- Exchange: NYSE
- Founded: 1940
- Industry: Steel
- Sector: Materials
- Market Cap: US$16.816b
- Shares outstanding: 303.22m
- Website: https://www.nucor.com
Number of Employees
Location
- Nucor Corporation
- 1915 Rexford Road
- Charlotte
- North Carolina
- 28211
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| NUE | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1968 |
| NUO | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1968 |
| NUE * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Jan 1968 |
| 0K9L | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jan 1968 |
| NUE | BASE (Buenos Aires Stock Exchange) | CEDEAR EACH 2 REPR 1 ORD USD0.40 | AR | ARS | Feb 2003 |
Biography
Nucor Corporation manufactures and sells steel and steel products in the United States and internationally. It operates in three segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills se ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/11/11 23:39 |
| End of Day Share Price | 2019/11/11 00:00 |
| Earnings | 2019/09/28 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.