Nucor vs Steel Dynamics: revenue, profit, margins and growth compared
Nucor brought in $32.5B of revenue in fiscal 2025, Steel Dynamics $18.2B in fiscal 2025. Revenue changed by +5.7% at Nucor and +3.6% at Steel Dynamics on the year before, so Nucor grew faster. Nucor kept 5.4% of its revenue as net profit, Steel Dynamics 6.5%. Free cash flow was -$188M at Nucor and $501.5M at Steel Dynamics.
Fiscal years as each company reports them; the two may end in different months.
Questions about Nucor and Steel Dynamics
Which is bigger by revenue, Nucor or Steel Dynamics?
Nucor is bigger by revenue: $32.5B in fiscal 2025, against $18.2B for Steel Dynamics in fiscal 2025.
Which keeps more of its revenue as profit, Nucor or Steel Dynamics?
Nucor had a net margin of 5.4% in fiscal 2025; Steel Dynamics had 6.5% in fiscal 2025.
Which grew revenue faster, Nucor or Steel Dynamics?
In their latest fiscal years revenue changed by +5.7% at Nucor and +3.6% at Steel Dynamics.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.