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Side-by-side financial comparison of Nucor (NUE) and Philip Morris International (PM). Click either name above to swap in a different company.

Philip Morris International is the larger business by last-quarter revenue ($10.1B vs $9.5B, roughly 1.1× Nucor). Philip Morris International runs the higher net margin — 24.0% vs 7.8%, a 16.2% gap on every dollar of revenue. On growth, Nucor posted the faster year-over-year revenue change (21.3% vs 9.1%). Over the past eight quarters, Nucor's revenue compounded faster (8.4% CAGR vs 3.5%).

Nucor Corporation is an American company based in Charlotte, North Carolina, that produces steel and related products. It is the largest steel producer in the United States and the largest recycler of scrap in North America. Nucor is the 16th-largest steel producer in the world. Along with Commercial Metals Company, it is one of two primary suppliers of rebar used to reinforce concrete in buildings, bridges, roads, and infrastructure in the U.S.

Philip Morris International Inc. (PMI) is a tobacco company, with products sold in over 180 countries. Marlboro is PMI’s most recognized brand, but in the last quarter of 2023, Iqos generated the greatest revenue. Philip Morris International is often referred to as one of the companies comprising Big Tobacco. The company ranked No. 121 in the 2025 Fortune 500 list of the largest US corporations by total revenue.

NUE vs PM — Head-to-Head

Bigger by revenue
PM
PM
1.1× larger
PM
$10.1B
$9.5B
NUE
Growing faster (revenue YoY)
NUE
NUE
+12.2% gap
NUE
21.3%
9.1%
PM
Higher net margin
PM
PM
16.2% more per $
PM
24.0%
7.8%
NUE
Faster 2-yr revenue CAGR
NUE
NUE
Annualised
NUE
8.4%
3.5%
PM

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
NUE
NUE
PM
PM
Revenue
$9.5B
$10.1B
Net Profit
$743.0M
$2.4B
Gross Margin
68.1%
Operating Margin
38.4%
Net Margin
7.8%
24.0%
Revenue YoY
21.3%
9.1%
Net Profit YoY
376.3%
-9.0%
EPS (diluted)
$3.23
$1.56

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NUE
NUE
PM
PM
Q1 26
$9.5B
$10.1B
Q4 25
$8.5B
$10.4B
Q3 25
$8.5B
$10.8B
Q2 25
$7.8B
$10.1B
Q1 25
$9.3B
Q4 24
$7.1B
$9.7B
Q3 24
$7.4B
$9.9B
Q2 24
$8.1B
$9.5B
Net Profit
NUE
NUE
PM
PM
Q1 26
$743.0M
$2.4B
Q4 25
$607.0M
$2.1B
Q3 25
$603.0M
$3.5B
Q2 25
$156.0M
$3.0B
Q1 25
$2.7B
Q4 24
$287.0M
$-579.0M
Q3 24
$249.9M
$3.1B
Q2 24
$645.2M
$2.4B
Gross Margin
NUE
NUE
PM
PM
Q1 26
68.1%
Q4 25
13.9%
65.6%
Q3 25
14.5%
67.8%
Q2 25
7.7%
67.7%
Q1 25
67.3%
Q4 24
8.9%
64.7%
Q3 24
10.2%
66.0%
Q2 24
14.8%
64.7%
Operating Margin
NUE
NUE
PM
PM
Q1 26
38.4%
Q4 25
10.4%
32.6%
Q3 25
10.6%
39.3%
Q2 25
3.6%
36.6%
Q1 25
38.1%
Q4 24
5.5%
33.6%
Q3 24
5.2%
36.9%
Q2 24
11.1%
36.4%
Net Margin
NUE
NUE
PM
PM
Q1 26
7.8%
24.0%
Q4 25
7.1%
20.7%
Q3 25
7.1%
32.1%
Q2 25
2.0%
30.0%
Q1 25
28.9%
Q4 24
4.1%
-6.0%
Q3 24
3.4%
31.1%
Q2 24
8.0%
25.4%
EPS (diluted)
NUE
NUE
PM
PM
Q1 26
$3.23
$1.56
Q4 25
$2.63
$1.36
Q3 25
$2.60
$2.23
Q2 25
$0.67
$1.95
Q1 25
$1.72
Q4 24
$1.27
$-0.37
Q3 24
$1.05
$1.97
Q2 24
$2.68
$1.54

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NUE
NUE
PM
PM
Cash + ST InvestmentsLiquidity on hand
$2.5B
$5.5B
Total DebtLower is stronger
$134.0M
$49.5B
Stockholders' EquityBook value
$22.5B
Total Assets
$35.6B
$68.9B
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NUE
NUE
PM
PM
Q1 26
$2.5B
$5.5B
Q4 25
$2.7B
$4.9B
Q3 25
$2.5B
$4.0B
Q2 25
$4.1B
$4.1B
Q1 25
$4.4B
Q4 24
$4.1B
$4.2B
Q3 24
$4.9B
$4.3B
Q2 24
$5.4B
$4.8B
Total Debt
NUE
NUE
PM
PM
Q1 26
$134.0M
$49.5B
Q4 25
$6.7B
$45.1B
Q3 25
$6.7B
$41.9B
Q2 25
$6.7B
$42.4B
Q1 25
$38.8B
Q4 24
$5.7B
$42.2B
Q3 24
$5.7B
$44.2B
Q2 24
$5.6B
$44.6B
Stockholders' Equity
NUE
NUE
PM
PM
Q1 26
$22.5B
Q4 25
$20.8B
$-10.0B
Q3 25
$20.4B
$-10.9B
Q2 25
$20.1B
$-12.0B
Q1 25
$-10.9B
Q4 24
$20.3B
$-11.8B
Q3 24
$20.5B
$-9.7B
Q2 24
$20.7B
$-9.7B
Total Assets
NUE
NUE
PM
PM
Q1 26
$35.6B
$68.9B
Q4 25
$34.8B
$69.2B
Q3 25
$34.2B
$67.1B
Q2 25
$34.7B
$68.5B
Q1 25
$65.1B
Q4 24
$33.9B
$61.8B
Q3 24
$34.3B
$66.9B
Q2 24
$34.2B
$65.8B
Debt / Equity
NUE
NUE
PM
PM
Q1 26
0.01×
Q4 25
0.32×
Q3 25
0.33×
Q2 25
0.33×
Q1 25
Q4 24
0.28×
Q3 24
0.28×
Q2 24
0.27×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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