Financial Analysis
Filing-based analysis. Market pricing is not included. Fundamentals from SEC filings; economic data from FRED and the BLS. About our data
Filing evidence summary
Mixed evidenceCoverage 2/5 core metricsLatest reported free cash flow was -$188M.
Backward-looking filed evidence under visible rules - not a rating, forecast or investment advice. Missing data is never scored.
Evidence signals
- Free cash flow was negative
Latest reported free cash flow was -$188M.
Why this surfaced
Free cash flow = operating cash flow minus capital expenditures; positive is supporting evidence, not a valuation conclusion. Period end 2025-12-31.
- No current rule-based risk flags
10 filing-based checks were evaluable.
Why this surfaced
The full financial analysis shows each value, threshold, and sector limitation.
- Revenue expanded
Latest reported annual revenue changed +5.7% from the prior reported annual observation.
Why this surfaced
Direction threshold: above +2% constructive; below -2% caution; otherwise monitor. This is not labeled one-year growth when filing periods have a gap. Period end 2025-12-31.
Core trend metrics
Hover a tile for its exact definition; the Statements tab carries per-cell filing citations.
Where to look next
Risk checks
Financial movement
- Cash→ flat
- Long-term debt→ flat
- Inventory→ flat
- Receivables→ flat
- Current assets→ flat
Source & freshness
- Source
- SEC EDGAR XBRL
- Fetched
- 2026-10-07
- Latest period end
- 2025-12-31
- Filings
- EDGAR ↗
Reported segment mix
figures as filed · share of the filed sum · change vs the prior period in the same filing- Sheet$9.16B28.2%-1.0% yoy
- Bar$5.72B17.6%+10.3% yoy
- Other Steel Products$3.52B10.8%+2.4% yoy
- Structural$2.63B8.1%+15.6% yoy
- Plate$2.49B7.7%+23.4% yoy
- Joist And Deck$2.22B6.8%-0.5% yoy
- Raw Materials$2.16B6.7%+13.0% yoy
- Rebar Fabrication$1.91B5.9%+7.5% yoy
- +2 more members in the filing
Members sum to the consolidated $32.5B for this period.
- Sheet$2.92B28.0%+17.8% yoy
- Bar$1.86B17.9%+33.3% yoy
- Other Steel Products$1.1B10.6%+24.0% yoy
- Plate$856M8.2%+24.8% yoy
- Structural$847M8.1%+22.0% yoy
- Raw Materials$811M7.8%+48.5% yoy
- +4 more members in the filing
Change is against the same quarter a year earlier, as reported in the same 10-Q.
Source: SEC DERA Financial Statement and Notes data sets. Dimensional XBRL facts on the business-segment, product/service and geographic axes; the engine keeps the accession of every figure. Descriptive and educational, not advice.
Peer percentiles
latest fiscal year ending 2025-12-31 · among 4,075 US-listed filers · 790 in Materials| Metric | Value | vs all filers | vs sector |
|---|---|---|---|
Revenue latest fiscal-year revenue as filed | $32.5B | 96thof 3,256 top third | 98thof 511 top third |
Revenue growth latest fiscal-year revenue vs the prior fiscal year | 5.7% | 48thof 3,094 middle third | 48thof 464 middle third |
Net margin net income ÷ revenue | 5.4% | 59thof 3,221 middle third | 72ndof 507 top third |
Free-cash-flow margin (operating cash flow − |capex|) ÷ revenue | -0.6% | 33rdof 2,647 bottom third | 55thof 425 middle third |
Return on equity net income ÷ stockholders' equity (positive equity only) | 8.3% | 60thof 3,529 middle third | 81stof 693 top third |
Stock comp ÷ revenue stock-based compensation ÷ revenue · lower is ranked higher | 0.4% | 88thof 2,860 top third | 92ndof 465 top third |
Days sales outstanding receivables ÷ revenue × 365 · lower is ranked higher | 35 days | 68thof 2,378 top third | 73rdof 382 top third |
Cash conversion operating cash flow ÷ net income (net income > 0) | 1.9× | 62ndof 2,250 middle third | 67thof 192 top third |
Cash-flow accrual ratio (net income − operating cash flow) ÷ average total assets · lower is ranked higher | -4.3% | 47thof 3,862 middle third | 39thof 753 middle third |
Balance-sheet accrual ratio change in net operating assets ÷ average net operating assets · lower is ranked higher | 10.6% | 38thof 3,310 middle third | 42ndof 662 middle third |
Each filer's latest fiscal year as stored by the nightly crawl; fiscal year ends differ across the universe. A metric ranks only filers for which it is computable from filed facts. Ties split; a rank reads "better than N% of filers" in the metric's own direction. Descriptive and educational, not a rating.
Earnings quality
latest fiscal year ending 2025-12-31 · accruals and cash conversion as filedPer fiscal year from filed facts: cash conversion = operating cash flow / net income (net income > 0); cash-flow accrual ratio = (net income - operating cash flow) / average total assets; balance-sheet accrual ratio = change in net operating assets / average net operating assets, NOA = (assets - cash) - (liabilities - debt). Descriptive; a missing input yields a missing ratio. High accrual ratios and cash conversion well below one are the measures the accruals literature associates with less persistent earnings; they are screens to read the cash-flow statement with, not conclusions. The per-year series is part of Pro risk analysis.
Point-in-time ledger
first-reported vs latest filing · periods since 2020-01-01 · 3 changed periods| Line item | Period | First reported | Latest filing | Change | Filings |
|---|---|---|---|---|---|
| Stock-based compensation ShareBasedCompensation | quarter 2024-03-30 | $21.3M 10-Q 2024-05-08 | $21M 10-Q 2025-05-14 | -1.6% | first · latest |
| Interest expense InterestExpense | quarter 2024-03-30 | $43.5M 10-Q 2024-05-08 | $43M 10-Q 2025-05-14 | -1.1% | first · latest |
| Interest expense InterestExpense | quarter 2024-09-28 | $65.4M 10-Q 2024-11-06 | $65M 10-Q 2025-11-12 | -0.6% | first · latest |
First filing reporting each period vs the latest filing carrying it (10-K and 10-Q only, periods since 2020, the extractor's winning tag per concept); a change under 0.5% is treated as rounding. A change can be a restatement, a reclassification or a re-tagging in a later comparative column; the two filings are linked so the reader can see which. Descriptive, not a verdict.
Notes by disclosure type
Not available for NUE yet: no footnote text blocks on file for this filer in the ingested DERA files.
Fundamentals from SEC EDGAR. Scores, the DCF, and every model shown are educational analysis, not investment advice or price predictions.