Nucor Corp
Nucor Corporation engages in the manufacture and sale of steel and steel products. The company operates in three segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling structural steel products; and bar steel products… Read more
Nucor Corp (NUE) - Net Assets
Latest net assets as of September 2025: $21.93 Billion USD
Based on the latest financial reports, Nucor Corp (NUE) has net assets worth $21.93 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($34.78 Billion) and total liabilities ($12.85 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $21.93 Billion |
| % of Total Assets | 63.06% |
| Annual Growth Rate | 11.06% |
| 5-Year Change | 90.68% |
| 10-Year Change | 172.83% |
| Growth Volatility | 13.02 |
Nucor Corp - Net Assets Trend (1985–2024)
This chart illustrates how Nucor Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Nucor Corp (1985–2024)
The table below shows the annual net assets of Nucor Corp from 1985 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $21.42 Billion | -3.19% |
| 2023-12-31 | $22.12 Billion | +13.05% |
| 2022-12-31 | $19.57 Billion | +34.01% |
| 2021-12-31 | $14.60 Billion | +30.02% |
| 2020-12-31 | $11.23 Billion | +4.08% |
| 2019-12-31 | $10.79 Billion | +5.78% |
| 2018-12-31 | $10.20 Billion | +12.30% |
| 2017-12-31 | $9.08 Billion | +10.06% |
| 2016-12-31 | $8.25 Billion | +5.16% |
| 2015-12-31 | $7.85 Billion | -2.79% |
| 2014-12-31 | $8.08 Billion | +2.08% |
| 2013-12-31 | $7.91 Billion | +0.32% |
| 2012-12-31 | $7.89 Billion | +2.32% |
| 2011-12-31 | $7.71 Billion | +5.13% |
| 2010-12-31 | $7.33 Billion | -3.34% |
| 2009-12-31 | $7.58 Billion | -8.14% |
| 2008-12-31 | $8.26 Billion | +52.89% |
| 2007-12-31 | $5.40 Billion | +5.87% |
| 2006-12-31 | $5.10 Billion | +14.01% |
| 2005-12-31 | $4.47 Billion | +23.27% |
| 2004-12-31 | $3.63 Billion | +44.06% |
| 2003-12-31 | $2.52 Billion | -0.80% |
| 2002-12-31 | $2.54 Billion | +2.18% |
| 2001-12-31 | $2.49 Billion | +2.18% |
| 2000-12-31 | $2.43 Billion | -4.36% |
| 1999-12-31 | $2.54 Billion | +7.99% |
| 1998-12-31 | $2.35 Billion | +9.40% |
| 1997-12-31 | $2.15 Billion | +14.81% |
| 1996-12-31 | $1.88 Billion | +16.98% |
| 1995-12-31 | $1.60 Billion | +23.43% |
| 1994-12-31 | $1.30 Billion | +24.23% |
| 1993-12-31 | $1.05 Billion | +13.04% |
| 1992-12-31 | $924.70 Million | +10.66% |
| 1991-12-31 | $835.60 Million | +10.21% |
| 1990-12-31 | $758.20 Million | +13.95% |
| 1989-12-31 | $665.40 Million | +25.00% |
| 1988-12-31 | $532.30 Million | +24.37% |
| 1987-12-31 | $428.00 Million | +11.55% |
| 1986-12-31 | $383.70 Million | +7.33% |
| 1985-12-31 | $357.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nucor Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 9134.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $30.27 Billion | 149.16% |
| Common Stock | $152.00 Million | 0.75% |
| Other Comprehensive Income | $-208.00 Million | -1.02% |
| Total Equity | $20.29 Billion | 100.00% |
Nucor Corp Competitors by Market Cap
The table below lists competitors of Nucor Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Take-Two Interactive Software Inc
NASDAQ:TTWO
|
$35.86 Billion |
|
CSL Ltd
PINK:CSLLY
|
$35.87 Billion |
|
Keysight Technologies Inc
NYSE:KEYS
|
$35.96 Billion |
|
KB Financial Group Inc
NYSE:KB
|
$35.97 Billion |
|
Heico Corporation
NYSE:HEI
|
$35.69 Billion |
|
Cognizant Technology Solutions Corporation
SA:CTSH34
|
$35.48 Billion |
|
Fiserv Inc.
NASDAQ:FISV
|
$35.34 Billion |
|
Sun Life Financial Inc.
NYSE:SLF
|
$35.33 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nucor Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 20,940,000,000 to 20,294,000,000, a change of -646,000,000 (-3.1%).
- Net income of 2,027,000,000 contributed positively to equity growth.
- Dividend payments of 522,000,000 reduced retained earnings.
- Share repurchases of 2,217,000,000 reduced equity.
- Other comprehensive income decreased equity by 46,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.03 Billion | +9.99% |
| Dividends Paid | $522.00 Million | -2.57% |
| Share Repurchases | $2.22 Billion | -10.92% |
| Other Comprehensive Income | $-46.00 Million | -0.23% |
| Other Changes | $112.00 Million | +0.55% |
| Total Change | $- | -3.09% |
Book Value vs Market Value Analysis
This analysis compares Nucor Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.91x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 154.38x to 1.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $1.05 | $162.74 | x |
| 1986-12-31 | $1.14 | $162.74 | x |
| 1987-12-31 | $1.27 | $162.74 | x |
| 1988-12-31 | $1.58 | $162.74 | x |
| 1989-12-31 | $1.72 | $162.74 | x |
| 1990-12-31 | $1.91 | $162.74 | x |
| 1991-12-31 | $2.06 | $162.74 | x |
| 1992-12-31 | $2.28 | $162.74 | x |
| 1993-12-31 | $2.59 | $162.74 | x |
| 1994-12-31 | $3.22 | $162.74 | x |
| 1995-12-31 | $3.95 | $162.74 | x |
| 1996-12-31 | $4.59 | $162.74 | x |
| 1997-12-31 | $5.34 | $162.74 | x |
| 1998-12-31 | $5.89 | $162.74 | x |
| 1999-12-31 | $6.47 | $162.74 | x |
| 2000-12-31 | $6.51 | $162.74 | x |
| 2001-12-31 | $7.08 | $162.74 | x |
| 2002-12-31 | $7.42 | $162.74 | x |
| 2003-12-31 | $7.46 | $162.74 | x |
| 2004-12-31 | $10.79 | $162.74 | x |
| 2005-12-31 | $13.48 | $162.74 | x |
| 2006-12-31 | $15.60 | $162.74 | x |
| 2007-12-31 | $17.16 | $162.74 | x |
| 2008-12-31 | $25.90 | $162.74 | x |
| 2009-12-31 | $23.47 | $162.74 | x |
| 2010-12-31 | $22.50 | $162.74 | x |
| 2011-12-31 | $23.57 | $162.74 | x |
| 2012-12-31 | $24.01 | $162.74 | x |
| 2013-12-31 | $23.95 | $162.74 | x |
| 2014-12-31 | $24.28 | $162.74 | x |
| 2015-12-31 | $23.13 | $162.74 | x |
| 2016-12-31 | $24.64 | $162.74 | x |
| 2017-12-31 | $27.24 | $162.74 | x |
| 2018-12-31 | $30.92 | $162.74 | x |
| 2019-12-31 | $33.90 | $162.74 | x |
| 2020-12-31 | $35.57 | $162.74 | x |
| 2021-12-31 | $47.77 | $162.74 | x |
| 2022-12-31 | $69.97 | $162.74 | x |
| 2023-12-31 | $83.62 | $162.74 | x |
| 2024-12-31 | $85.09 | $162.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nucor Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.99%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.60%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 1.67x
- Recent ROE (9.99%) is below the historical average (15.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 16.36% | 7.71% | 1.35x | 1.57x | $22.75 Million |
| 1986 | 12.09% | 6.14% | 1.32x | 1.49x | $8.03 Million |
| 1987 | 11.80% | 5.93% | 1.30x | 1.53x | $7.70 Million |
| 1988 | 13.32% | 6.68% | 1.12x | 1.78x | $17.67 Million |
| 1989 | 9.89% | 4.55% | 1.23x | 1.77x | $-640.00K |
| 1990 | 11.50% | 5.07% | 1.43x | 1.59x | $9.82 Million |
| 1991 | 9.09% | 4.41% | 1.24x | 1.66x | $-6.46 Million |
| 1992 | 10.10% | 4.89% | 1.09x | 1.90x | $780.00K |
| 1993 | 13.69% | 5.48% | 1.23x | 2.03x | $33.28 Million |
| 1994 | 20.19% | 7.62% | 1.49x | 1.78x | $114.34 Million |
| 1995 | 19.86% | 7.93% | 1.51x | 1.66x | $136.29 Million |
| 1996 | 15.42% | 6.81% | 1.39x | 1.63x | $87.27 Million |
| 1997 | 15.69% | 7.04% | 1.40x | 1.59x | $106.86 Million |
| 1998 | 12.72% | 6.35% | 1.29x | 1.56x | $56.44 Million |
| 1999 | 10.81% | 6.10% | 1.07x | 1.65x | $18.38 Million |
| 2000 | 14.59% | 6.54% | 1.28x | 1.74x | $97.81 Million |
| 2001 | 5.13% | 2.61% | 1.15x | 1.71x | $-107.19 Million |
| 2002 | 6.98% | 3.38% | 1.10x | 1.89x | $-70.22 Million |
| 2003 | 2.68% | 1.00% | 1.39x | 1.92x | $-171.43 Million |
| 2004 | 32.45% | 9.86% | 1.85x | 1.77x | $775.89 Million |
| 2005 | 30.62% | 10.32% | 1.78x | 1.67x | $882.31 Million |
| 2006 | 36.42% | 11.92% | 1.87x | 1.64x | $1.28 Billion |
| 2007 | 28.79% | 8.87% | 1.69x | 1.92x | $960.66 Million |
| 2008 | 23.09% | 7.74% | 1.71x | 1.75x | $1.04 Billion |
| 2009 | -3.97% | -2.62% | 0.89x | 1.70x | $-1.03 Billion |
| 2010 | 1.88% | 0.85% | 1.14x | 1.96x | $-577.91 Million |
| 2011 | 10.41% | 3.89% | 1.37x | 1.95x | $30.70 Million |
| 2012 | 6.60% | 2.60% | 1.37x | 1.85x | $-259.54 Million |
| 2013 | 6.38% | 2.56% | 1.25x | 1.99x | $-276.55 Million |
| 2014 | 9.19% | 3.38% | 1.35x | 2.01x | $-63.30 Million |
| 2015 | 4.82% | 2.18% | 1.15x | 1.93x | $-384.03 Million |
| 2016 | 10.11% | 4.91% | 1.06x | 1.93x | $8.28 Million |
| 2017 | 15.09% | 6.51% | 1.28x | 1.81x | $444.78 Million |
| 2018 | 24.11% | 9.42% | 1.40x | 1.83x | $1.38 Billion |
| 2019 | 12.27% | 5.63% | 1.23x | 1.77x | $235.36 Million |
| 2020 | 6.69% | 3.58% | 1.00x | 1.87x | $-357.40 Million |
| 2021 | 48.71% | 18.71% | 1.41x | 1.84x | $5.43 Billion |
| 2022 | 41.31% | 18.33% | 1.28x | 1.76x | $5.77 Billion |
| 2023 | 21.61% | 13.03% | 0.98x | 1.69x | $2.43 Billion |
| 2024 | 9.99% | 6.60% | 0.91x | 1.67x | $-2.40 Million |
Industry Comparison
This section compares Nucor Corp's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $10,879,360,340
- Average return on equity (ROE) among peers: 3.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nucor Corp (NUE) | $21.93 Billion | 16.36% | 0.59x | $35.76 Billion |
| Acerinox S.A. (ACRXF) | $1.93 Billion | -3.09% | 1.28x | $1.71 Billion |
| ArcelorMittal SA (AMSYF) | $11.98 Billion | 27.55% | 1.59x | $12.85 Billion |
| Angang Steel Company Limited (ANGGF) | $50.39 Billion | 11.12% | 0.77x | $641.51 Million |
| Aperam PK (APEMY) | $3.79 Billion | 7.21% | 0.73x | $1.17 Billion |
| Aperam SA (APMSF) | $2.52 Billion | 11.35% | 0.72x | $1.31 Billion |
| ArcelorMittal South Africa Ltd (ARCXF) | $28.00 Billion | 33.51% | 0.34x | $14.02 Million |
| Algoma Steel Group Inc (ASTL) | $173.80 Million | -92.29% | 7.94x | $268.31 Million |
| Algoma Steel Group Inc. Warrant (ASTLW) | $-530.90 Million | 0.00% | 0.00x | $6.22 Million |
| BCI Minerals Limited (BIRNF) | $103.61 Million | 12.45% | 0.26x | $227.67 Million |
| BlueScope Steel Limited (BLSFF) | $10.45 Billion | 26.90% | 0.59x | $5.72 Billion |