Nucor (NUE) Return on Invested Capital [ROIC] (2009 - 2026)
Nucor (NUE) recorded Return on Invested Capital [ROIC] of 11.01% in Q2 2026, up 5.00 percentage points from 6.02% a year earlier and up 1.70 percentage points from the prior quarter.
Nucor (NUE) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Nucor reported Return on Invested Capital [ROIC] of 7.33%, down 0.98 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has declined for four straight years, with a five-year change of -2.84 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 8.30% in FY2024 (-9.37 pp), 17.67% in FY2023 (-17.92 pp), 35.60% in FY2022 (-3.54 pp) and 39.14% in FY2021 (+28.98 pp).
- The Q2 2026 figure is the highest quarterly Return on Invested Capital [ROIC] since Q2 2024.
- On a year-over-year basis, Return on Invested Capital [ROIC] rose in two of the last eight quarters, with an average year-over-year change of -3.85 percentage points.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 26.32 percentage points in Q4 2021, against a drop of 17.40 percentage points in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 9.32% (Q1 2026), 7.27% (Q4 2025) and 7.03% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 193.68 Bn | 159.81 Bn | - | - |
| 2 | Southern Copper | 171.36 Bn | 150.22 Bn | 2.90 Bn | - |
| 3 | Newmont | 121.76 Bn | 89.94 Bn | 4.03 Bn | 7.86% |
| 4 | Ternium | 113.51 Bn | 78.56 Bn | 941.02 Mn | 4.89% |
| 5 | Freeport-Mcmoran | 103.45 Bn | 99.60 Bn | 2.19 Bn | 11.56% |
| 6 | Agnico Eagle Mines | 91.92 Bn | 91.92 Bn | 2.43 Bn | 35.18% |
| 7 | Barrick Mining | 67.42 Bn | 52.16 Bn | 2.90 Bn | 29.31% |
| 8 | Nucor | 54.54 Bn | 45.08 Bn | 2.03 Bn | 11.01% |
| 9 | ArcelorMittal | 49.09 Bn | 30.12 Bn | - | 3.54% |
| 10 | AngloGold Ashanti | 47.94 Bn | 37.61 Bn | 1.70 Bn | 29.77% |
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 11.01% |
| Apr 4, 2026 | 9.32% |
| Dec 31, 2025 | 7.27% |
| Oct 4, 2025 | 7.03% |
| Jul 5, 2025 | 6.02% |
| Apr 5, 2025 | 5.99% |
| Dec 31, 2024 | 8.37% |
| Sep 28, 2024 | 10.07% |
| Jun 29, 2024 | 12.88% |
| Mar 30, 2024 | 15.85% |
| Dec 31, 2023 | 17.07% |
| Sep 30, 2023 | 19.62% |
| Jul 1, 2023 | 22.46% |
| Apr 1, 2023 | 27.51% |
| Dec 31, 2022 | 31.99% |
| Oct 1, 2022 | 36.25% |
| Jul 2, 2022 | 39.87% |
| Apr 2, 2022 | 39.09% |
| Dec 31, 2021 | 36.15% |
| Oct 2, 2021 | 29.56% |
Nucor Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=NUE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=NUE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();