NUENUCOR CORP
Steel Works, Blast Furnaces & Rolling Mills (coke Ovens)
- Revenue
- $32.5B
- 5.7% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- $62.1B
- Employees
- 100
- $325M revenue each
- Net debt / EBITDA
- —
- $3.9B net debt
- AI in 10-K
- 0.0
- mentions per 10K words
Takeover score 2 of 13
Fixable underperformance 0 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo185% of net incomeCash flow under 80% of net income
- Dilutive SBCNo0% of revenueOver 10% of revenue
- Payouts exceed cash flowNo37% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo12% of assetsOver 40% of assets
- Shareholder dissentNo95% lowest supportAny vote under 80% support
Buyer economics 1 of 4
- Low revenue per employeeNo$325M · 96th pctBottom quartile of its SIC industry
- Quiet on AIYes0.0 per 10K words · 0th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo—More cash than debt, positive EBITDA
- Buyout-sizedNo$62.1B market capMarket cap $500M–$5B
Catalysts 1 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingYes−$57M netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $36.5B | $41.5B | $34.7B | $30.7B | $32.5B | 5.7% |
| Net income | $6.8B | $7.6B | $4.5B | $2.0B | $1.7B | 14% |
| Operating cash flow | $6.2B | $10.1B | $7.1B | $4.0B | $3.2B | 19% |
| Capex | $1.6B | $1.9B | $2.2B | $3.2B | $3.4B | 7.8% |
| Stock-based comp | $136M | $137M | $130M | $132M | $133M | 0.8% |
| Buybacks | $3.3B | $2.8B | $1.6B | $2.2B | $700M | 68% |
| Dividends | $483M | $534M | $515M | $522M | $512M | 1.9% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $57M · 38
- Net
- −$57M
Pay vs performance
No pay-versus-performance disclosure yet.