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Stock Comparison · Industry comparison · Steel

ArcelorMittal vs Nucor: Which Stock Looks Stronger in 2026?

Nucor holds the cleaner structural position, with growth as the main driver and stability adding further support. The market setup is broadly comparable for both — no clear directional signal from price behavior. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels. Peer scores are normalised within each company's primary universe (MT.AS: STOXX 600, NUE: Russell 1000).

Updated 2026-05-17

The lead is spread across growth and stability, rather than sitting in one isolated gap. The overall score gap is 13 points in favour of Nucor Corporation.

INDUSTRY COMPARISON

Both operate in: Steel

This comparison is based on industry proximity, not on functional trajectory similarity. MT.AS and NUE share the same industry classification.

For a similarity-based comparison, see how ArcelorMittal and Nucor each position within their functional peer groups in AssetNext.

Peer-Relative Score
MT.AS
ArcelorMittal S.A.
61
Peer-Score
Signal qualitylow
Peer basis: STOXX 600
vs
NUE
Nucor Corporation
74
Peer-Score
Signal qualitylow
Peer basis: Russell 1000

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

Score differences across key dimensions.

Dimension spread: MT.AS vs NUE Profitability 66 75 Stability 37 51 Valuation 77 77 Growth 52 92 MT.AS NUE
Gap Ranking
#1 Growth +40
#2 Stability +14
#3 Profitability +9
#4 Valuation
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for MT.AS and NUE Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer MT.ASNUE Relative valuation Structural strength

The setup is mixed: neither company clearly combines the stronger profile with the more supportive price setup.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where MT.AS and NUE each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY MT.AS Elevated · near norm 0th 50th 100th 0 pct gap NUE Elevated · above norm 0th 50th 100th 99th 99th
MT.AS (99th percentile) and NUE (99th percentile) both sit in the upper portion of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Growth
Both rank well on growth, but Nucor Corporation still holds a clear edge.
Stability
Nucor Corporation sits in the stronger part of the group on stability, while ArcelorMittal S.A. is closer to mid-pack.
Growth — Dominant Gap
MT.AS
52
NUE
92
Gap+40in favour of NUE

Earnings growth is one contributing factor within the growth lead.

What else supports the lead

Stability still reinforces the same direction, which makes the lead look broader across the profile.

What this means for the comparison

Growth is the clearest driver, and stability also supports Nucor Corporation's broader structural position.

Explore full peer positioning in AssetNext

Break down the MT.AS vs NUE comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar growth-driven comparisons

Explore how MT.AS and NUE each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.