Nucor Corp (NUE)
Debt-to-equity ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 20,294,000 | 20,472,900 | 20,723,500 | 20,693,700 | 20,940,600 | 20,465,700 | 19,953,700 | 19,017,400 | 18,414,700 | 17,708,500 | 16,808,600 | 15,204,600 | 14,016,400 | 13,422,500 | 12,254,000 | 11,447,200 | 10,788,700 | 10,302,400 | 10,194,800 | 10,168,200 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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
Nucor Corp has consistently maintained a debt-to-equity ratio of 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company is not relying heavily on debt to finance its operations and investments but is instead relying more on equity financing. A low debt-to-equity ratio is generally considered favorable as it suggests a lower financial risk and indicates that the company has a strong financial position. Nucor's consistent 0.00 debt-to-equity ratio over this period reflects a stable capital structure and prudent financial management. It suggests that the company has a healthy balance between debt and equity in its capital structure, which may be attractive to investors seeking lower financial risk.
Peer comparison
Dec 31, 2024