NUE vs TS
Nucor Corp. and Tenaris SA, side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | NUE | TS |
|---|---|---|
| Revenue | $32.5B | $12.0B |
| Net income | $1.7B | $1.9B |
| Gross margin | 11.9% | 34.4% |
| Net margin | 6.3% | 16.5% |
| Return on equity | 8.5% | 11.6% |
| Diluted EPS | $7.52 | $1.83 |
| Dividend / share | $2.21 | · |
| Payout ratio | 29.4% | 46.6% |
| Free cash flow | $-188.0M | · |
| Equity | $20.9B | $16.6B |
| Net debt / equity | 0.23× | −0.02× |
| Current ratio | 2.94× | 3.87× |
| Revenue CAGR 5y | 10.0% | 18.4% |
| Profit CAGR 5y | 19.3% | · |
NUE bills 2.7× the revenue of TS, and TS keeps more of each dollar of revenue as profit (16.5% 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 | NUE | TS |
|---|---|---|
| FY2025 | $32.5B | $12.0B |
| FY2024 | $30.7B | $12.5B |
| FY2023 | $34.7B | $14.9B |
| FY2022 | $41.5B | $11.8B |
| FY2021 | $36.5B | $6.5B |
| FY2020 | $20.1B | $5.1B |
| FY2019 | $22.6B | $7.3B |
| FY2018 | $25.1B | $7.7B |
| FY2017 | $20.3B | $5.3B |
| FY2016 | $16.2B | $4.3B |
Bottom line
| Fiscal year | NUE | TS |
|---|---|---|
| FY2025 | $1.7B | $1.9B |
| FY2024 | $2.0B | $2.0B |
| FY2023 | $4.5B | $3.9B |
| FY2022 | $7.6B | $2.6B |
| FY2021 | $6.8B | $1.1B |
| FY2020 | $721.5M | $-634.4M |
| FY2019 | $1.3B | $742.7M |
| FY2018 | $2.4B | $876.1M |
| FY2017 | $1.3B | $544.7M |
| FY2016 | $796.3M | $55.3M |
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$20,512,843,000 | NUE |
| FY2024 | +$18,210,066,000 | NUE |
| FY2023 | +$19,845,140,000 | NUE |
| FY2022 | +$29,749,474,000 | NUE |
| FY2021 | +$29,962,732,000 | NUE |
| FY2020 | +$14,992,924,000 | NUE |
| FY2019 | +$15,294,803,000 | NUE |
| FY2018 | +$17,408,691,000 | NUE |
| FY2017 | +$14,963,889,000 | NUE |
| FY2016 | +$11,914,530,000 | NUE |
| FY2015 | +$9,536,153,000 | NUE |
NUE has reported the higher revenue in every one of these 11 fiscal years. The gap has widened since the earliest year compared.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −10.2 pp | TS |
| FY2024 | −9.0 pp | TS |
| FY2023 | −12.5 pp | TS |
| FY2022 | −2.2 pp | TS |
| FY2021 | +3.4 pp | NUE |
| FY2020 | +16.6 pp | NUE |
| FY2019 | −4.0 pp | TS |
| FY2018 | −1.5 pp | TS |
| FY2017 | −3.3 pp | TS |
| FY2016 | +4.2 pp | NUE |
| FY2015 | +2.3 pp | NUE |
The higher net margin has changed hands between NUE and TS over this period.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
TS's net margin has been more volatile than NUE's over the 11 comparable fiscal years — 10.6 percentage points of standard deviation against 5.8.
11 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 NUE and TS over these 11 fiscal years — NUE led in 4 and TS in 7.
11 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 TS's over the 11 comparable fiscal years — 16.3 percentage points of standard deviation against 8.5.
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 NUE and TS over these 11 fiscal years — NUE led in 8 and TS in 3.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.