NUE Nucor Corp.
Nucor Corp. engages in the manufacturing of steel and steel products. It operates through the following segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment comprises carbon and alloy steel in sheet, bars; structural and plate; steel trading businesses; rebar distribution businesses; and Nucor's equity method investments. The Steel Products segment includes steel joists and joist girders, steel deck, fabricated concrete reinforcing steel, cold finished steel, steel fasteners, metal building systems, steel grating, tubular products businesses, piling products business, and wire and wire mesh. The Raw Materials segment consists direct reduced iron, and ferrous and nonferrous metals. The company was founded by Ransom E. Olds in 1905 and is headquartered in Charlotte, NC.
Company profile
Ticker
NUE
Exchange
Website
CEO
Leon J. Topalian
Employees
Incorporated in
Location
Fiscal year end
Sector
Industry (SEC)
SEC CIK
Corporate docs
IRS number
131860817
NUE stock data
()
Calendar
13 May 20
14 Jul 20
31 Dec 20
News
Company financial data Financial data
| Quarter (USD) | Apr 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|
| Revenue | 5.62B | 5.13B | 5.46B | 5.9B | |
| Net income | 54.38M | 134.25M | 293.59M | 412.28M | |
| Diluted EPS | 0.07 | 0.35 | 0.9 | 1.26 | |
| Net profit margin | 0.97% | 2.62% | 5.37% | 6.99% | |
| Net change in cash | -289.45M | -151.76M | 254.57M | -119.02M | |
| Cash on hand | 1.25B | 1.53B | 1.69B | 1.43B | |
| Cost of revenue | 5B | 4.7B | 4.89B | 5.12B |
| Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
|---|---|---|---|---|---|
| Revenue | 22.59B | 25.07B | 20.25B | 16.21B | |
| Net income | 1.37B | 2.48B | 1.38B | 900.42M | |
| Diluted EPS | 4.14 | 7.42 | 4.1 | 2.48 | |
| Net profit margin | 6.07% | 9.90% | 6.82% | 5.56% | |
| Net change in cash | 135.72M | 449.78M | -1.1B | 106.49M | |
| Cash on hand | 1.53B | 1.4B | 949.1M | 2.05B | |
| Cost of revenue | 19.91B | 20.77B | 17.68B | 14.18B |
Financial data from Nucor earnings reports
Recent insider trades
| Date | Owner | Security | Transaction | Code | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|
| 23 Jun 20 | Napolitan Raymond S JR | Common Stock | Sell | Dispose S | No | 43.03 | 745 | 32.06K | 128,382.01 |
| 23 Jun 20 | Napolitan Raymond S JR | Common Stock | Sell | Dispose S | No | 43.02 | 300 | 12.91K | 129,127.01 |
| 23 Jun 20 | Napolitan Raymond S JR | Common Stock | Sell | Dispose S | No | 43.01 | 500 | 21.51K | 129,427.01 |
| 23 Jun 20 | Napolitan Raymond S JR | Common Stock | Sell | Dispose S | No | 43 | 15,387 | 661.64K | 129,927.01 |
| 22 Jun 20 | Allen C Behr | Common Stock | Sell | Dispose S | No | 42.56 | 2,076 | 88.35K | 47,579.16 |
| 1 Jun 20 | Kearney Christopher J | Common Stock | Grant | Aquire A | No | 0 | 3,532 | 0 | 39,582 |
| 1 Jun 20 | Dempsey Patrick | Common Stock | Grant | Aquire A | No | 0 | 3,532 | 0 | 11,154 |
| 1 Jun 20 | Austin Lloyd J. III | Common Stock | Grant | Aquire A | No | 0 | 3,532 | 0 | 8,784 |
Institutional ownership Q1 2020
75.0% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 660 |
| Opened positions | 66 |
| Closed positions | 156 |
| Increased positions | 217 |
| Reduced positions | 267 |
13F shares |
Current |
|---|---|
| Total value | 81.85B |
| Total shares | 225.96M |
| Total puts | 2.35M |
| Total calls | 4.97M |
| Total put/call ratio | 0.5 |
Largest owners |
Shares | Value |
|---|---|---|
| Vanguard | 38.79M | $1.4B |
| State Farm Mutual Automobile Insurance | 28.21M | $1.02B |
| BLK BlackRock | 22.61M | $814.43M |
| STT State Street | 18.45M | $671.8M |
| Capital World Investors | 6.51M | $234.35M |
| BK Bank Of New York Mellon | 6.22M | $223.97M |
| Clearbridge Advisors | 5.9M | $212.35M |
| Dimensional Fund Advisors | 5.4M | $194.38M |
| Geode Capital Management | 5.36M | $192.64M |
| NTRS Northern Trust | 5.12M | $184.42M |
Financial report summary
?Competition
Metwood • Commerce • Canada • Insteel Industries • Northwest Pipe • Gerdau • Mittal Steel USA • Brazil • Commerce • TMS International
Content analysis
?
| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. sophomore Avg
|
|
New words:
absolute, advance, agent, agreed, area, authoritative, automotive, back, bringing, budget, Chad, characterized, China, civil, cleaning, closure, collection, Commission, committed, comply, connection, constrict, corroborated, Craig, deemed, deliberate, Department, directly, distancing, dollar, downturn, earned, elevated, emergency, enforcement, essential, experience, failed, fairly, Feldman, final, finalized, Finally, floor, freeze, fulfill, Hall, halted, harbor, health, heavily, highly, hold, holiday, Homeland, hourly, idled, IDRB, induced, infrastructure, instance, instituted, intensifying, intent, intentionally, Jr, Ladd, large, law, LDEQ, leadership, Led, Leon, light, likelihood, Litigation, MaryEmily, median, minimizing, moving, Napolitan, national, nonrecurring, notable, Notice, NSLA, oil, oral, Organization, outbreak, overcome, pandemic, Parish, part, penalty, precautionary, predict, President, preventative, progression, protect, protecting, public, put, quality, rapidly, rare, Raymond, refinance, reliance, remarket, remarketed, remarketing, remote, remuneration, repaid, resiliency, respond, safe, Security, sentiment, sharpest, showing, side, situation, size, Slate, social, spite, spread, St, stopped, subsequent, subsequently, sudden, Sumoski, support, task, temporarily, temporary, Topalian, tranche, transportation, travel, unable, uncertain, uncertainty, undue, unobservable, unpredictable, unwilling, upgraded, Utermark, vacation, Vice, volatile, volatility, voluntarily, warehouse, weak, weekly, weighted, widespread, worth, written
Removed:
accounted, adjust, adjusted, adjusting, adjustment, Alabama, applied, approach, art, assessed, borrowing, Carolina, classification, commencement, comparative, complement, compression, consideration, consumption, contractually, created, demanded, depreciable, determine, determining, discretion, Division, efficiency, employ, establish, exemption, expedient, fiscal, flow, forward, identified, implicit, inflation, Inland, Kankakee, land, leased, leasehold, life, low, machinery, manner, modified, noncancellable, opening, package, people, permitted, policy, portfolio, practical, PRESENTATION, protracted, recently, reclassify, recognize, reliability, renew, renewal, residual, restrictive, retrospective, rolling, Sedalia, serve, solid, space, specialty, stranded, substantial, title, Tobago, today, transition, treatment, underway, unusually, weather
Financial reports
10-Q
2020 Q1
Quarterly report
13 May 20
10-K
2019 FY
Annual report
28 Feb 20
10-Q
2019 Q3
Quarterly report
6 Nov 19
10-Q
2019 Q2
Quarterly report
7 Aug 19
10-Q
2019 Q1
Quarterly report
8 May 19
10-K
2018 FY
Annual report
28 Feb 19
10-Q
2018 Q3
Quarterly report
7 Nov 18
10-Q
2018 Q2
Quarterly report
8 Aug 18
10-Q
2018 Q1
Quarterly report
9 May 18
10-K
2017 FY
Annual report
28 Feb 18
Current reports
8-K/A
Departure of Directors or Certain Officers
17 Jun 20
8-K
Entry into a Material Definitive Agreement
22 May 20
8-K
Departure of Directors or Certain Officers
18 May 20
8-K
Nucor Reports Results for First Quarter of 2020 and Provides Update on COVID-19 Impacts
28 Apr 20
8-K
Departure of Directors or Certain Officers
16 Apr 20
8-K
Departure of Directors or Certain Officers
19 Feb 20
8-K
Nucor Announces the Addition of Joseph D. Rupp
18 Feb 20
8-K
Nucor Reports Results for Fourth Quarter of 2019
28 Jan 20
8-K/A
Departure of Directors or Certain Officers
3 Jan 20
8-K/A
Nucor Announces the Election of Leon J. Topalian to the Nucor Board ofDirectors and of John H. Walker asNon-Executive Chairman
13 Dec 19
Registration and prospectus
424B2
Prospectus for primary offering
21 May 20
FWP
Free writing prospectus
20 May 20
424B3
Prospectus supplement
20 May 20
424B2
Prospectus for primary offering
24 Apr 18
424B3
Prospectus supplement
23 Apr 18
FWP
Free writing prospectus
23 Apr 18
S-3ASR
Automatic shelf registration
17 Aug 17
S-3ASR
Automatic shelf registration
20 Aug 14
S-8
Registration of securities for employees
20 May 14
424B2
Prospectus for primary offering
25 Jul 13
Proxies
DEFA14A
Additional proxy soliciting materials
14 Apr 20
DEFA14A
Additional proxy soliciting materials
27 Mar 20
DEF 14A
Definitive proxy
27 Mar 20
DEFA14A
Additional proxy soliciting materials
22 Mar 19
DEF 14A
Definitive proxy
22 Mar 19
DEF 14A
Definitive proxy
23 Mar 18
DEFA14A
Additional proxy soliciting materials
23 Mar 18
DEF 14A
Definitive proxy
23 Mar 17
DEFA14A
Additional proxy soliciting materials
23 Mar 17
DEF 14A
Definitive proxy
17 Mar 16
Other
SD
Conflict minerals disclosure
29 May 20
SD
Conflict minerals disclosure
31 May 19
SD
Conflict minerals disclosure
31 May 18
SD
Conflict minerals disclosure
31 May 17
SD
Conflict minerals disclosure
31 May 16
SD
Conflict minerals disclosure
1 Jun 15
CT ORDER
Confidential treatment order
31 Mar 15
UPLOAD
Letter from SEC
20 Oct 14
CORRESP
Correspondence with SEC
30 Sep 14
UPLOAD
Letter from SEC
17 Sep 14
Ownership
4
NUCOR / RAYMOND S NAPOLITAN JR ownership change
25 Jun 20
4
NUCOR / Allen C Behr ownership change
24 Jun 20
4
NUCOR / D. Chad Utermark ownership change
3 Jun 20
4
NUCOR / Leon J Topalian ownership change
3 Jun 20
4
NUCOR / David A Sumoski ownership change
3 Jun 20
4
NUCOR / MARYEMILY SLATE ownership change
3 Jun 20
4
NUCOR / RAYMOND S NAPOLITAN JR ownership change
3 Jun 20
4
NUCOR / Michael D Keller ownership change
3 Jun 20
4
NUCOR / LADD R HALL ownership change
3 Jun 20
4
NUCOR / James D Frias ownership change
3 Jun 20
Patents
GRANT
Utility
Slotted joist seat structure and methods of designing and building the structure
12 May 20
The invention relates to panelized system for a structure.
APP
Utility
Joist Tie Used In Structural Decking Systems and Method of Installing
16 Apr 20
A joist tie may be designed to increase the strength of the joist tie and reduce the thickness of the joist tie, in order to provide the desired strength and the ability to make connections that operatively couple structural decking, the joist tie, and joists together using a single connector in one or more locations.
GRANT
Utility
Rigging table for assembling trusses and method of use thereof
17 Mar 20
A rigging table and system for assembling trusses using a rigging table.
APP
Utility
Lead Free Steel and Method of Manufacturing
27 Feb 20
An essentially lead free steel having, in percent by weight (wt-%): Carbon: 0.39-0.43%; Manganese: 0.75-1.00%; Silicon: 0.15-0.35%; Chromium: 0.80-1.05%; Molybdenum: 0.15-0.25%; at least one of Tellurium: 0.003-0.090 wt-%, Selenium: 0.080-0.2 wt-%, Sulfur: 0.065-0.09% wt-%, and Bismuth: 0.03-0.1 wt-%; and the balance being Fe and normally occurring scrap steel impurities.
APP
Utility
Thermal Cycling for Austenite Grain Refinement
27 Feb 20
This application discloses thin metal strips and methods of making thin metal strip.