Nucor Corporation (NUE) Valuation — DCF, Graham & Comparables

Nucor Corporation (NUE) — Price $273.53 (closing price, November 3, 2026) — Basic Materials — Steel — NYSE

Latest reported results:

Valuation dashboard for Nucor Corporation (NUE) with P/E 17.41, P/B 2.76, EV/EBITDA 9.9 and dividend yield 0.81%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Basic Materials companies.

Nucor Corporation is a prominent producer and distributor of steel and diverse steel-related products. Within its Steel Mills division, the company manufactures a comprehensive range of steel goods. These include various sheet steel types like hot-rolled, cold-rolled, and galvanized, alongside plate steel. It also produces structural components such as wide-flange beams, beam blanks, H-piling, and sheet piling.

Where would it trade at its usual multiples?

Versus its usual multiples: expensive · It trades at 17.4 times its last-12-month earnings and at 25.5 times its average earnings over ten years; above 25, the limit we take for the defensive investor. It is expensive.

It trades at 17.4 times its last-12-month earnings and at 25.5 times its average earnings over ten years; above 25, the limit we take for the defensive investor. It is expensive.

These are its average accounting earnings over its last ten years, losses included.

Analysis Summary

Nucor Corporation reported revenue of $32.49B in the most recent fiscal year, growing at a 5-year CAGR of 10.0%. Net income reached $1.74B, with a 19.4% 5-year CAGR.

Trailing-twelve-month margins: gross margin 17.3%, operating margin 13.3%, net margin 9.3%.

At $273.53 (closing price, November 3, 2026), NUE trades at a P/E of 17.41 and an ROE of 16.47%. Market capitalisation stands at $62.1B, placing it among large-cap names.

Balance sheet quality for NUE: debt-to-equity ratio of 0.31, current ratio of 2.46 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio17.41
Price / Book2.76
EV / EBITDA9.9
Dividend Yield0.81%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
NUENucor Corporation$62.1B17.412.7616.5%
STLDSteel Dynamics, Inc.$35.2B18.283.6621.0%
MTArcelorMittal S.A.$45.6B25.600.843.3%
TXTernium S.A.$9.9B13.970.815.8%
CMCCommercial Metals Company$7.3B11.311.5614.6%
CLFCleveland-Cliffs Inc.$8.1B1.40-8.1%

Price

Price$273.53 (closing price, November 3, 2026)
Market Cap$62.1B
ExchangeNYSE
CountryUS

Profitability

Return on Equity16.47%
Return on Invested Capital12.30%
Return on Assets9.37%
Gross Margin17.31%
Operating Margin13.25%
Net Margin9.26%

Related companies: STLD · MT · TX · CMC · CLF

Explore sector: Basic Materials · Steel

More sections of NUE: Overview · Financials · Estimates · Technical · Ownership

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