Nucor Corp (NUE)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 20,294,000 | 20,940,600 | 18,414,700 | 14,016,400 | 10,788,700 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $20,294,000K
= 0.00
The debt-to-equity ratio of Nucor Corp has been consistently at 0.00 over the past five years from December 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has zero debt relative to its equity, which suggests that Nucor Corp relies primarily on equity financing rather than debt to fund its operations and growth. This low or zero debt level can be viewed positively as it signifies a lower financial risk and potentially greater financial stability for the company. It also indicates strong financial health and the ability to finance its operations internally without accumulating significant debt obligations.
Peer comparison
Dec 31, 2024