Question 1

What is Nucor's P/E ratio?

Accepted Answer

Nucor (NUE) P/E ratio is 23.2× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Nucor?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Nucor specifically, the relevant sector benchmark is the current sector median of 21.4×.

Question 5

Is Nucor's P/E ratio high or low?

Accepted Answer

Nucor's P/E ratio of 23.2× is above its own 5-year average of 10.8× and above the sector median of 21.4×. That places the current reading at the 85th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Nucor's historical P/E ratio range?

Accepted Answer

In the available daily series, Nucor (NUE) P/E ratio has ranged from a low of 3.0× in 2022 to a high of 103.4× in 2010. The 5-year average is 10.8× and the 5-year median is 9.5×.

Question 7

What was Nucor's P/E ratio in 2025?

Accepted Answer

Nucor (NUE) P/E ratio at the end of 2025 was 21.4×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Nucor's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$37.4B	$1.74B	21.4×	+8.0×	Dec 31, 2025
2024	$27.3B	$2.03B	13.5×	+4.0×	Dec 31, 2024
2023	$43B	$4.52B	9.5×	+5.1×	Dec 31, 2023
2022	$33.7B	$7.58B	4.4×	-0.3×	Dec 31, 2022
2021	$32B	$6.8B	4.7×	-17.7×	Dec 31, 2021
2020	$16.1B	$719M	22.4×	+9.0×	Dec 31, 2020
2019	$17.1B	$1.27B	13.5×	+6.6×	Dec 31, 2019
2018	$16.1B	$2.35B	6.8×	-8.6×	Dec 31, 2018
2017	$20.3B	$1.31B	15.4×	-8.5×	Dec 31, 2017
2016	$19B	$794M	24.0×	-12.3×	Dec 31, 2016
2015	$12.9B	$356M	36.3×	+14.2×	Dec 31, 2015
2014	$15.7B	$712M	22.1×	-13.0×	Dec 31, 2014
2013	$17B	$486M	35.1×	+7.8×	Dec 31, 2013
2012	$13.7B	$503M	27.3×	+11.2×	Dec 31, 2012
2011	$12.6B	$778M	16.1×	-87.2×	Dec 31, 2011
2010	$13.9B	$134M	103.4×	—	Dec 31, 2010
2009	$14.7B	-$288M	—	—	Dec 31, 2009
2008	$14.5B	$1.83B	7.9×	-3.6×	Dec 31, 2008
2007	$17B	$1.47B	11.5×	+2.2×	Dec 31, 2007
2006	$16.4B	$1.76B	9.3×	+1.4×	Dec 31, 2006
2005	$10.4B	$1.31B	7.9×	+0.4×	Dec 31, 2005
2004	$8.39B	$1.12B	7.5×	-62.4×	Dec 31, 2004
2003	$4.39B	$62.8M	69.9×	+50.1×	Dec 31, 2003
2002	$3.2B	$162M	19.8×	—	Dec 31, 2002


Solstice Advanced Materials (SOLS)	113.0×
Corteva (CTVA)	48.4×
Ecolab (ECL)	35.6×
Linde (LIN)	32.3×
Vulcan Materials (VMC)	32.1×
Freeport-McMoRan (FCX)	31.1×
Builders FirstSource (BLDR)	31.0×
Air Products and Chemicals (APD)	30.7×
Sherwin-Williams (SHW)	30.3×
Eastman Chemical (EMN)	21.8×
International Flavors & Fragrances (IFF)	21.8×
Avient (AVNT)	21.1×
Steel Dynamics (STLD)	20.6×
Agnico Eagle Mines (AEM)	19.0×
H.B. Fuller (FUL)	18.8×
PPG Industries (PPG)	15.1×
Martin Marietta Materials (MLM)	14.0×
CRH (CRH)	13.9×
Newmont (NEM)	13.9×
CF Industries Holdings (CF)	11.4×
Mosaic (MOS)	11.1×

P/E Ratio for Nucor (NUE) 2002-2026

P/E Ratio daily chart for Nucor (NUE)

Historical P/E Ratio for Nucor (NUE) from 2002 to 2025

About P/E Ratio at Nucor (NUE)

Nucor P/E Ratio by Year

Nucor P/E Ratio 2025: 21.4×

Nucor P/E Ratio 2024: 13.5×

Nucor P/E Ratio 2023: 9.5×

Nucor P/E Ratio 2022: 4.4×

Nucor P/E Ratio 2021: 4.7×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Nucor (NUE) Key Financials