Cleveland-cliffs vs Nucor
Nucor is the larger business, with $32.49bn of revenue in fiscal 2025 against $18.61bn for Cleveland-cliffs (1.7 times as much). Nucor grew faster (5.7% against -3.0%). Nucor kept more of each dollar of sales as profit: a net margin of 5.4% against -7.9%.
| Latest fiscal year | Cleveland-cliffsCLF, 2025 | NucorNUE, 2025 |
|---|---|---|
| Revenue | $18.61bn | $32.49bn |
| Revenue growth | -3.0% | 5.7% |
| Net income | −$1.48bn | $1.74bn |
| Operating margin | — | — |
| Net margin | -7.9% | 5.4% |
| Return on equity | -23.2% | 8.5% |
| Free cash flow | −$1.02bn | −$188m |
| Cash | $57.0m | $2.26bn |
| Total debt | $7.33bn | $7.12bn |
| Debt to equity | — | — |
| Dividend per share | — | $2.21 |
| Dividend yield | — | 0.8% |
| Share buybacks | $0 | $700m |
| Employees | 25,000 | 33,000 |
| Market value | $8.09bn | $62.52bn |
| Price vs our value range | — | Above our value range |
| Moat score | 32 (Weak) | 56 (Moderate) |
| Insider trades, 12 months | 2 buys, 3 sales | 0 buys, 41 sales |