NucorMEX:NUE 81 Interest Coverage is 28.79 as of Mar. 2026, which is 100% above its 10-year median of 14.36. GuruFocus rates MEX:NUE with a GF Score™ of 81/100 and a GF Value™ of MXN2,869.21 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 456 Steel companies, Nucor ranks better than 77.19% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Nucor's
Operating Income
for the
three
months ended in Mar. 2026 was MXN20,251 Mil. Nucor's Interest Expense for the
three
months ended in Mar. 2026 was MXN-703 Mil.
Nucor's interest coverage for the quarter that ended in Mar. 2026 was 28.79.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Nucor's Interest Coverage or its related term are showing as below:
MEX:NUE'
s Interest Coverage Range Over the Past 10 Years
Min: 7.89 Med: 14.36 Max: 57.13
Current: 21.89
MEX:NUE's Interest Coverage is ranked better than 77.19% of 456
companies
in the Steel industry
Industry Median: 4.445
vs MEX:NUE: 21.89
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Nucor Interest Coverage Related Terms
Nucor Interest Coverage Historical Data
* Premium members only.
The historical data trend for Nucor's Interest Coverage can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
MEX:NUE vs STLD, RS, TX: Interest Coverage Comparison
For the Steel subindustry, Nucor's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nucor Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, Nucor's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Nucor's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Nucor (MEX:NUE) has a Interest Coverage of 28.79 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nucor and its competitors. This is 100% above median its historical median of 14.36. Over the past decade, Nucor's Interest Coverage has ranged from 7.89 to 57.13. According to the industry distribution chart, Nucor ranks #104 out of 456 companies in the Steel industry, placing it in the top 22.8%.
Is Nucor's Interest Coverage too high?
Nucor's current Interest Coverage of 28.79 is 100% above median its 10-year median of 14.36. Over the past 10 years, this metric has ranged from a low of 7.89 to a high of 57.13. The Steel industry median Interest Coverage is 4.45. Nucor's value of 28.79 is 547.7% above this industry median. Based on the distribution chart, Nucor ranks #104 out of 456 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Nucor has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nucor's Interest Coverage compare to STLD and RS?
According to the Steel industry distribution chart, Nucor ranks #104 out of 456 companies for Interest Coverage. This places Nucor in the top 23% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 4.45. Nucor's value of 28.79 is 547.7% above this benchmark. Historically, Nucor's own Interest Coverage has ranged from 7.89 to 57.13 over the past decade. While the company's 10-year median is 14.36 vs. the industry median of 4.45, Nucor has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Steel company?
The median Interest Coverage among Steel companies is 4.45, based on 456 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nucor's current Interest Coverage of 28.79 is 547.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nucor and its competitors. For the Steel industry, the median Interest Coverage is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nucor's current Interest Coverage is 28.79, which is 100% above median its own 10-year median of 14.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nucor stock overvalued right now?
Based on GuruFocus' analysis, Nucor (MEX:NUE) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN2,869.21, compared to a current price of MXN4,005.00 — trading 39.6% above its estimated fair value. The current Interest Coverage is 28.79, which is 100% above median its 10-year median of 14.36 and 547.7% above the Steel industry median of 4.45. Nucor's overall GF Score™ is 81/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Nucor (MEX:NUE), the current Interest Coverage is 28.79 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nucor (MEX:NUE) Overvalued in 2026?
Based on GuruFocus' analysis, Nucor stock appears to be overvalued.
The current stock price of MXN4,005.00 is trading 39.6% above its estimated GF Value™ of MXN2,869.21.
GuruFocus considers Nucor to be Significantly Overvalued.
Key valuation signals for MEX:NUE:
Interest Coverage: 28.79 (100% above median its 10-year median of 14.36)
GF Value™: MXN2,869.21 vs. price of MXN4,005.00 (39.6% above fair value)
Industry Position: 547.7% above the Steel median (#104 of 456)
No single metric tells the full story. See the MEX:NUE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nucor Corp manufactures steel and steel products. The company's reportable segments are steel mills, steel products, and raw materials. The majority of its revenue is derived from the steel mills segment, which is engaged in producing sheet steel (hot-rolled, cold-rolled, and galvanized), plate steel, structural steel (wide-flange beams, beam blanks, H-piling, and sheet piling), and bar steel products. Nucor manufactures steel principally from scrap steel and scrap steel substitutes using electric arc furnaces (EAFs), along with continuous casting and automated rolling mills. The steel mills segment sells its products mainly to steel service centers, fabricators, and manufacturers located in the United States, Canada, and Mexico.
81GF Score
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