Nucor Corporation
-0.71 %
-28.43 %
Yet to be announced
Company Overview
Nucor Corporation manufactures and sells steel and steel products. The company's Steel Mills segment produces hot-rolled, cold-rolled and galvanized sheet steel. The Raw Materials segment produces direct reduced iron (DRI); brokers ferrous and nonferrous metals, pig iron, hot briquetted iron, and DRI; supplies ferro-alloys. The Steel Products segment offers hollow structural section steel tubing products.
Revenue Sources
PassBased on Nucor's SEC filings and financial statements, the company's revenue is primarily derived from steel production and recycling operations. These activities are halal as they involve the manufacturing and sale of real products. There is no evidence of revenue from prohibited sources such as alcohol, gambling, or other haram activities.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Dec. 31, 2024 | $7.08b | $6.69b | - | $2.81m | 0.00% | 0.04% |
| Sept. 28, 2024 | $7.44b | $7.06b | - | $7.28m | 0.00% | 0.10% |
| June 29, 2024 | $8.08b | $7.19b | - | $-2,300,000.0 | 0.00% | 0.03% |
| March 30, 2024 | $8.14b | $6.92b | - | $-38,000,000.0 | 0.00% | 0.55% |
Analyzing the last four quarters' financial data: The company's interest expense ratios relative to total expenses have been minimal, ranging from -0.55% to 0.10% across the periods examined. These levels are well below the 5% threshold that would raise concerns about the company's reliance on interest-based financing.
Operational Ethics
PassBased on review of Nucor's operations and public disclosures, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company's operations are primarily concentrated in North America.
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