Is NUCOR CORP (NUE) Halal?

NYSE Basic Materials United States $37.4B
✓ HALAL
Confidence: 95/100
NUCOR CORP (NUE) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 18.4% against the AAOIFI threshold of 30%, NUCOR CORP comfortably passes the key financial ratio tests. The company operates in the Basic Materials sector (Steel), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 18.4%
/ 30%
7.0%
/ 30%
8.0%
/ 30%
0.34%
/ 5%
✓ HALAL
DJIM 18.4%
/ 33%
7.0%
/ 33%
8.0%
/ 33%
0.34%
/ 5%
✓ HALAL
MSCI 20.3%
/ 33%
7.7%
/ 33%
8.8%
/ 33%
0.34%
/ 5%
✓ HALAL
S&P 18.4%
/ 33%
7.0%
/ 33%
8.0%
/ 33%
0.34%
/ 5%
✓ HALAL
FTSE 20.3%
/ 33%
7.7%
/ 33%
8.8%
/ 50%
0.34%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
21.7
Forward: 11.9
EPS
$7.52
Dividend Yield
137.0%
Payout: 29.4%
P/B Ratio
1.8
EV/EBITDA
10.4
EV: $42.9B
Revenue
$32.5B
Growth: 8.6%
Beta
1.8
High volatility
Current Ratio
2.9

Profitability

Gross Margin 12.0%
Operating Margin 6.9%
Net Margin 5.4%
Return on Equity (ROE) 9.4%
Return on Assets (ROA) 4.8%

Cash Flow & Balance Sheet

Operating Cash Flow$3.2B
Free Cash Flow-$188M
Total Debt$7.1B
Debt-to-Equity32.8
Current Ratio2.9
Total Assets$35.1B

Price & Trading

Last Close$166.01
50-Day MA$175.73
200-Day MA$153.00
Avg Volume1.7M
Beta1.8
52-Week Range
$97.59
$196.90

About NUCOR CORP (NUE)

CEO
Mr. Leon J. Topalian
Employees
33,000
Sector
Basic Materials
Industry
Steel
Country
United States
Exchange
NYSE
Market Cap
$37.4B
Currency
USD

Nucor Corporation engages in the manufacture and sale of steel and steel products. The company operates in three segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling structural steel products; and bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and engineered special bar quality products. This segment sells its products to steel service centers, fabricators, and manufacturers in the United States, Canada, and Mexico, as well as engages in the steel trading and rebar distribution businesses. The Steel Products segment offers steel joists and joist girders, steel decks, and galvanized torque tubes for use in solar arrays, hollow structural section steel tubing, electrical conduit, fabricated concrete reinforcing steel, cold finished steel, steel fasteners, steel grating and expanded metal, wire and wire mesh, metal building systems, insulated metal panels, steel racking, overhead doors, and utility towers and structures for communications and energy transmission. This segment is also involved in the piling distribution business. The Raw Materials segment produces direct reduced iron (DRI); brokers ferrous and nonferrous metals, pig iron, hot briquetted iron, and DRI; supplies ferro-alloys; processes ferrous and nonferrous scrap metal; and engages in the natural gas production and industrial gas business. This segment sells its ferrous scrap to electric arc furnace steel mills and foundries for manufacturing process; and nonferrous scrap metal to aluminum can producers, secondary aluminum smelters, steel mills and other processors, and consumers of various nonferrous metals. Nucor Corporation was founded in 1905 and is based in Charlotte, North Carolina.

Purification Calculator

As a halal stock with 0.34% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is NUCOR CORP (NUE) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), NUCOR CORP is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is NUCOR CORP's debt ratio?

NUCOR CORP's debt ratio is 18.4% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 20.3%.

Does NUCOR CORP require dividend purification?

Yes, NUCOR CORP has an impermissible income ratio of 0.34%, which means 0.34% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are NUCOR CORP's key financial metrics?

NUCOR CORP has a market capitalization of $37.4B, trailing P/E ratio of 21.7, and revenue of $32.5B. The company maintains a gross margin of 12.0% and a net margin of 5.4%. Return on equity stands at 9.4%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.