AA vs NUE
Alcoa Corp. and Nucor Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | AA | NUE |
|---|---|---|
| Revenue | $12.8B | $32.5B |
| Net income | $1.2B | $1.7B |
| Gross margin | 16.9% | 11.9% |
| Net margin | 8.7% | 6.3% |
| Return on equity | 20.5% | 8.5% |
| Diluted EPS | $4.37 | $7.52 |
| Dividend / share | $0.10 | $2.21 |
| Payout ratio | 9.0% | 29.4% |
| Free cash flow | $567.0M | $-188.0M |
| Equity | · | $20.9B |
| Net debt / equity | 0.14× | 0.23× |
| Current ratio | 1.44× | 2.94× |
| Revenue CAGR 5y | 6.7% | 10.0% |
| Profit CAGR 5y | · | 19.3% |
NUE bills 2.5× the revenue of AA, and AA keeps more of each dollar of revenue as profit (8.7% against 6.3%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | AA | NUE |
|---|---|---|
| FY2025 | $12.8B | $32.5B |
| FY2024 | $11.9B | $30.7B |
| FY2023 | $10.6B | $34.7B |
| FY2022 | $12.5B | $41.5B |
| FY2021 | $12.2B | $36.5B |
| FY2020 | $9.3B | $20.1B |
| FY2019 | $10.4B | $22.6B |
| FY2018 | $13.4B | $25.1B |
| FY2017 | $11.7B | $20.3B |
| FY2016 | $9.3B | $16.2B |
Bottom line
| Fiscal year | AA | NUE |
|---|---|---|
| FY2025 | $1.2B | $1.7B |
| FY2024 | $60.0M | $2.0B |
| FY2023 | $-651.0M | $4.5B |
| FY2022 | $-123.0M | $7.6B |
| FY2021 | $429.0M | $6.8B |
| FY2020 | $-170.0M | $721.5M |
| FY2019 | $-1.1B | $1.3B |
| FY2018 | $250.0M | $2.4B |
| FY2017 | $279.0M | $1.3B |
| FY2016 | $-400.0M | $796.3M |
12 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$19,663,000,000 | NUE |
| FY2024 | −$18,839,000,000 | NUE |
| FY2023 | −$24,163,000,000 | NUE |
| FY2022 | −$29,061,000,000 | NUE |
| FY2021 | −$24,331,939,000 | NUE |
| FY2020 | −$10,853,658,000 | NUE |
| FY2019 | −$12,155,858,000 | NUE |
| FY2018 | −$11,664,279,000 | NUE |
| FY2017 | −$8,600,393,000 | NUE |
| FY2016 | −$6,890,122,000 | NUE |
| FY2015 | −$5,240,276,000 | NUE |
| FY2014 | −$7,958,141,000 | NUE |
NUE has reported the higher revenue in every one of these 12 fiscal years. The gap has widened since the earliest year compared.
12 of 19 comparable fiscal years — a year missing data on either side is not counted.
12 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +2.4 pp | AA |
| FY2024 | −7.3 pp | NUE |
| FY2023 | −21.5 pp | NUE |
| FY2022 | −19.2 pp | NUE |
| FY2021 | −14.8 pp | NUE |
| FY2020 | −4.3 pp | NUE |
| FY2019 | −14.2 pp | NUE |
| FY2018 | −3.2 pp | NUE |
| FY2017 | −1.6 pp | NUE |
| FY2016 | −9.3 pp | NUE |
| FY2015 | −7.8 pp | NUE |
| FY2014 | −6.3 pp | NUE |
The higher net margin has changed hands between AA and NUE over this period.
12 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
NUE's net margin has been more volatile than AA's over the 12 comparable fiscal years — 5.7 percentage points of standard deviation against 5.4.
12 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between AA and NUE over these 12 fiscal years — AA led in 1 and NUE in 11.
12 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
NUE's return on equity has been more volatile than AA's over the 11 comparable fiscal years — 16.3 percentage points of standard deviation against 11.4.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between AA and NUE over these 11 fiscal years — AA led in 1 and NUE in 10.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.