Arcelormittal vs Nucor
Arcelormittal is the larger business, with $61.35bn of revenue in fiscal 2025 against $32.49bn for Nucor (1.9 times as much). Nucor grew faster (5.7% against -1.7%). Nucor kept more of each dollar of sales as profit: a net margin of 5.4% against 5.1%.
| Latest fiscal year | ArcelormittalMT, 2025 | NucorNUE, 2025 |
|---|---|---|
| Revenue | $61.35bn | $32.49bn |
| Revenue growth | -1.7% | 5.7% |
| Net income | $3.15bn | $1.74bn |
| Operating margin | 5.9% | — |
| Net margin | 5.1% | 5.4% |
| Return on equity | 6.1% | 8.5% |
| Free cash flow | — | −$188m |
| Cash | $5.39bn | $2.26bn |
| Total debt | $13.41bn | $7.12bn |
| Debt to equity | 24.6% | — |
| Dividend per share | — | $2.21 |
| Dividend yield | 1.2% | 0.8% |
| Share buybacks | — | $700m |
| Employees | — | 33,000 |
| Market value | $46.06bn | $62.52bn |
| Price vs our value range | Within our value range | Above our value range |
| Moat score | — | 56 (Moderate) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 41 sales |