Nucor (NUE) Return on Capital Employed [ROCE] (2009 - 2026)
Nucor (NUE) reported Return on Capital Employed [ROCE] of 13.42% for Q2 2026, up 6.35 percentage points from 7.07% a year earlier and up 2.34 percentage points from the prior quarter.
Nucor (NUE) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Nucor posted Return on Capital Employed [ROCE] of 8.71%, down 1.33 percentage points from FY2024.
- Return on Capital Employed [ROCE] has declined for four consecutive years, with a five-year change of -1.00 percentage points (FY2020 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at 10.04% in FY2024 (-11.21 pp), 21.25% in FY2023 (-21.07 pp), 42.33% in FY2022 (-9.98 pp) and 52.30% in FY2021 (+42.59 pp).
- The Q2 2026 figure ranks as the highest quarterly Return on Capital Employed [ROCE] since Q2 2024.
- Year over year, Return on Capital Employed [ROCE] gained in two of the last eight quarters, with an average year-over-year change of -4.63 percentage points.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q4 2021 (a gain of 36.69 percentage points); the low point was Q2 2023 (a drop of 23.23 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 11.08% (Q1 2026), 8.60% (Q4 2025) and 8.33% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Nucor | 172.02 Bn | 161.79 Bn | 2.33 Bn | 16.32% |
| 2 | Rio Tinto | 168.15 Bn | 130.95 Bn | - | - |
| 3 | Southern Copper | 138.51 Bn | 113.33 Bn | 3.10 Bn | 45.35% |
| 4 | Rio Tinto | 134.73 Bn | 101.79 Bn | - | - |
| 5 | Newmont | 117.64 Bn | 82.96 Bn | 4.22 Bn | 10.69% |
| 6 | Ternium | 99.96 Bn | 72.72 Bn | 1.04 Bn | 7.47% |
| 7 | Agnico Eagle Mines | 89.22 Bn | 76.17 Bn | 2.15 Bn | 26.02% |
| 8 | Freeport-Mcmoran | 85.03 Bn | 81.69 Bn | 2.55 Bn | 13.78% |
| 9 | Barrick Mining | 63.01 Bn | 47.43 Bn | 2.71 Bn | 20.05% |
| 10 | ArcelorMittal | 47.78 Bn | 31.28 Bn | - | 2.63% |
Historic Data
| Date | Value |
|---|---|
| Oct 3, 2026 | 16.32% |
| Jul 4, 2026 | 13.69% |
| Apr 4, 2026 | 11.34% |
| Dec 31, 2025 | 8.85% |
| Oct 4, 2025 | 8.75% |
| Jul 5, 2025 | 7.19% |
| Apr 5, 2025 | 7.51% |
| Dec 31, 2024 | 10.73% |
| Sep 28, 2024 | 13.16% |
| Jun 29, 2024 | 17.06% |
| Mar 30, 2024 | 19.77% |
| Dec 31, 2023 | 21.58% |
| Sep 30, 2023 | 23.60% |
| Jul 1, 2023 | 26.86% |
| Apr 1, 2023 | 32.18% |
| Dec 31, 2022 | 37.45% |
| Oct 1, 2022 | 43.77% |
| Jul 2, 2022 | 50.25% |
| Apr 2, 2022 | 49.64% |
| Dec 31, 2021 | 46.29% |
Nucor Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=NUE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=NUE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();