Nucor (NUE) Dividend Coverage Ratio (2010 - 2025)
Nucor's (NUE) Dividend Coverage Ratio was 8.96 for Q2 2026, up 91.7% from 4.67 a year earlier and up 55.6% from the prior quarter.
Nucor (NUE) Dividend Coverage Ratio (2010 - 2025) Analysis & Trends
Over the twelve months ended Jul 4, 2026, Nucor's Dividend Coverage Ratio came in at 5.63, up 124.3% year-over-year; for FY2025, it came in at 3.41, down 12.3% from FY2024.
- Dividend Coverage Ratio has declined for three consecutive years.
- By year, Dividend Coverage Ratio came in at 3.88 in FY2024 (-55.8%), 8.79 in FY2023 (-38.3%), 14.25 in FY2022 (+0.9%) and 14.12 in FY2021 (+862.3%).
- The Q2 2026 figure ranks as the highest quarterly Dividend Coverage Ratio since Q2 2023.
- Year over year, Dividend Coverage Ratio has now increased in each of the last four quarters, with growth averaging 52.6% over the last eight quarters.
- The high point for year-over-year Dividend Coverage Ratio in five years was Q4 2021 (growth of 494.0%); the low point was Q1 2025 (a decline of 80.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 5.76 (Q1 2026), 2.98 (Q4 2025) and 4.78 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Yr) |
|---|---|---|---|---|---|
| 1 | Nucor | 175.24 Bn | 165.01 Bn | 2.33 Bn | 3.41 |
| 2 | Rio Tinto | 166.15 Bn | 128.95 Bn | - | 1.55 |
| 3 | Southern Copper | 143.83 Bn | 118.64 Bn | 3.10 Bn | 1.74 |
| 4 | Rio Tinto | 137.31 Bn | 104.37 Bn | - | - |
| 5 | Newmont | 124.66 Bn | 89.98 Bn | 4.22 Bn | 6.41 |
| 6 | Ternium | 102.52 Bn | 75.29 Bn | 1.04 Bn | 0.80 |
| 7 | Agnico Eagle Mines | 95.19 Bn | 82.13 Bn | 2.15 Bn | 25.68 |
| 8 | Freeport-Mcmoran | 86.53 Bn | 83.18 Bn | 2.55 Bn | 2.55 |
| 9 | Barrick Mining | 66.50 Bn | 50.91 Bn | 2.71 Bn | 4.65 |
| 10 | ArcelorMittal | 49.98 Bn | 33.48 Bn | - | 5.75 |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 3.41 |
| Dec 31, 2024 | 3.88 |
| Dec 31, 2023 | 8.79 |
| Dec 31, 2022 | 14.25 |
| Dec 31, 2021 | 14.12 |
| Dec 31, 2020 | 1.47 |
| Dec 31, 2019 | 2.58 |
| Dec 31, 2018 | 4.86 |
| Dec 31, 2017 | 2.72 |
| Dec 31, 2016 | 1.66 |
| Dec 31, 2015 | 0.17 |
| Dec 31, 2014 | 1.43 |
| Dec 31, 2013 | 1.04 |
| Dec 31, 2012 | 1.08 |
| Dec 31, 2011 | 1.69 |
| Dec 31, 2010 | 0.29 |
Nucor Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio-annual&ticker=NUE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio-annual", "ticker": "NUE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio-annual&ticker=NUE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();