Nucor Corporation (NUE)

Nucor Announces Guidance for the Second Quarter of 2026 EarningsJune 17, 2026 4:30 PM
PR Newswire (US) CHARLOTTE, N.C., June 17, 2026 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) today announced guidance for its second quarter ending July 4, 2026. Nucor expects second quarter earnings to be in the range of $4.70 to $4.80 per diluted share. Excluding a non-cash benefit of approximately $0.20 per diluted share, described below, we expect second quarter adjusted earnings to be in the range of $4.50 to $4.60. Nucor reported net earnings of $3.23 per diluted share in the first quarter of 2026 and $2.60 per diluted share in the second quarter of 2025. Non-Cash Benefit Recorded in the Second Quarter of 2026
Included in the second quarter of 2026 non-adjusted guidance range is an estimated benefit of approximately $61 million, or $0.20 per diluted share. This non-cash benefit is related to the increase in the value of our investment in Helion, a fusion energy company, after it completed a capital financing round in the second quarter of 2026.Second Quarter of 2026 Outlook Compared to the First Quarter of 2026
Earnings in the second quarter of 2026 are expected to increase across all three of our operating segments as compared to the first quarter of 2026, with the largest increase in the steel mills segment. The expected increase in the steel mills segment is due to higher average selling prices and stable volumes. It also reflects approximately $130 million of cash refunds associated with prior periods' raw materials procurement costs, which will benefit the cost of goods sold for this segment during the quarter. In the steel products segment, we expect higher earnings due to increased volumes and slightly higher average realized pricing. The raw materials segment is expected to have higher earnings due to higher average realized prices. Capital Returns
As of June 17, 2026, Nucor has repurchased approximately 1.12 million shares at an average price of $223.47 per share thus far in the second quarter of 2026. Nucor has returned approximately $630 million to stockholders in the form of share repurchases and dividend payments year-to-date through June 17, 2026.Second Quarter of 2026 Earnings Release and Conference Call
Nucor plans to release its earnings after the markets close on Monday, July 27, 2026, and will host a conference call the morning of Tuesday, July 28, 2026 at 10:00 a.m. Eastern Time to review the Company's second quarter results. The event will be broadcast on the internet, and instructions on how to access will be sent closer to the call.About Nucor
Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; overhead doors; steel grating; wire and wire mesh; and utility structures. Nucor, through The David J. Joseph Company and its affiliates, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America's largest recycler.Non-GAAP Financial Measures
The Company uses certain non-GAAP (Generally Accepted Accounting Principles) financial measures in this news release, including adjusted net earnings per diluted share (and expected guidance range thereof). Generally, a non-GAAP financial measure is a numerical measure of a company's performance or financial position that either excludes or includes amounts that are not normally excluded or included in the most directly comparable financial measure calculated and presented in accordance with GAAP.We define adjusted net earnings per diluted share (and expected guidance range thereof) as the net earnings per diluted share subtracting the per diluted share impact of a certain non-cash benefit, net of tax. Please note that other companies might define their non-GAAP financial measures differently than we do.Management presents the non-GAAP financial measure of adjusted net earnings per diluted share in this news release because it considers it to be an important supplemental measure of performance. Management believes that this non-GAAP financial measure provides additional insight for analysts and investors evaluating the Company's financial and operational performance by providing a consistent basis of comparison across periods.Reconciliation of Adjusted Net Earnings Per Diluted Share (Unaudited)

Three Months (13 Weeks) Ended


July 4, 2026


Lower End of Range

Upper End of Range
Net earnings per diluted share
$4.70

$4.80
Less: Certain non-cash benefit, net of tax

(0.20)


(0.20)
Adjusted net earnings per diluted share
$4.50

$4.60
Forward-Looking Statements
Certain statements contained in this news release are "forward-looking statements" that involve risks and uncertainties which we expect will or may occur in the future and may impact our business, financial condition and results of operations. The words "anticipate," "believe," "expect," "intend," "project," "may," "will," "should," "could" and similar expressions are intended to identify those forward-looking statements. These forward-looking statements reflect the Company's best judgment based on current information, and, although we base these statements on circumstances that we believe to be reasonable when made, there can be no assurance that future events will not affect the accuracy of such forward-looking information. As such, the forward-looking statements are not guarantees of future performance, and actual results may vary materially from the projected results and expectations discussed in this news release. Factors that might cause the Company's actual results to differ materially from those anticipated in forward-looking statements include, but are not limited to: (1) competitive pressure on sales and pricing, including pressure from imports and substitute materials; (2) U.S. and foreign trade policies affecting steel imports or exports; (3) the sensitivity of the results of our operations to general market conditions, and in particular, prevailing market steel prices and changes in the supply and cost of raw materials, including pig iron, iron ore and scrap steel; (4) the availability and cost of electricity and natural gas, which could negatively affect our cost of steel production or result in a delay or cancellation of existing or future drilling within our natural gas drilling programs; (5) critical equipment failures and business interruptions; (6) market demand for steel products, which, in the case of many of our products, is driven by the level of nonresidential construction activity in the United States; (7) impairment in the recorded value of inventory, equity investments, fixed assets, goodwill or other long-lived assets; (8) uncertainties and volatility surrounding the global economy, including excess world capacity for steel production, inflation and interest rate changes; (9) fluctuations in currency conversion rates; (10) significant changes in laws or government regulations affecting environmental compliance, including legislation and regulations that result in greater regulation of greenhouse gas emissions that could increase our energy costs, capital expenditures and operating costs or cause one or more of our permits to be revoked or make it more difficult to obtain permit modifications; (11) the cyclical nature of the steel industry; (12) capital investments and their impact on our performance; (13) our safety performance; (14) our ability to integrate businesses we acquire; and (15) the impact of any pandemic or public health situation. These and other factors are discussed in Nucor's regulatory filings with the United States Securities and Exchange Commission, including those in "Item 1A. Risk Factors" of Nucor's Annual Report on Form 10-K for the year ended December 31, 2025. The forward-looking statements contained in this news release speak only as of this date, and Nucor does not assume any obligation to update them, except as may be required by applicable law. View original content to download multimedia:https://www.prnewswire.com/news-releases/nucor-announces-guidance-for-the-second-quarter-of-2026-earnings-302803511.htmlSOURCE Nucor Corporation Original: Nucor Announces Guidance for the Second Quarter of 2026 Earnings

Ascending Triple Top Breakout on 5 May 2026. GLTA

Nucor Reports Results for the First Quarter of 2026April 27, 2026 4:30 PM
PR Newswire (US)

First Quarter of 2026 HighlightsNet earnings attributable to Nucor stockholders of $743 million, or $3.23 per diluted shareNet sales of $9.50 billionNet earnings before noncontrolling interests of $870 million; EBITDA of $1.51 billionCHARLOTTE, N.C., April 27, 2026 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) today announced consolidated net earnings attributable to Nucor stockholders of $743 million, or $3.23 per diluted share, for the first quarter of 2026. Nucor reported consolidated net earnings attributable to Nucor stockholders in the fourth quarter of 2025 of $378 million, or $1.64 per diluted share (adjusted net earnings of $400 million, or $1.73 per diluted share). Nucor reported net earnings attributable to Nucor stockholders in the first quarter of 2025 of $156 million, or $0.67 per diluted share (adjusted net earnings of $179 million, or $0.77 per diluted share).







"Nucor teammates delivered a strong start to 2026, with our steel mills segment achieving a new quarterly shipment record," said Leon Topalian, Nucor's Chair and Chief Executive Officer. "All three of our operating segments reported sequential earnings growth, driven by strong demand across key end markets, growing contributions from recent capital investments, and federal trade policies that continue to reduce the flood of unfairly traded imports into the United States. We enter the second quarter with real momentum, committed to executing our growth strategy, generating strong returns for our shareholders, and continuing our pursuit of becoming the safest steel company in the world."Earnings Before Income Taxes and Noncontrolling Interests by Segment (In millions)

Three Months (13 Weeks) Ended


April 4, 2026

December 31, 2025

April 5, 2025
Steel mills
$1,128

$516

$231
Steel products

285


230


288
Raw materials

45


24


29
Corporate/eliminations

(362)


(269)


(263)


$1,096

$501

$285
Analysis of First Quarter of 2026 Results Compared to the Fourth Quarter of 2025
The increase in first quarter earnings was driven primarily by the increase in earnings in the steel mills segment, which experienced higher average selling prices and volumes across all product groups. The steel products segment had improved earnings due to increased volumes and stable average realized pricing. The raw materials segment had higher earnings in the first quarter due to increased average selling prices and volumes.Financial Strength
At the end of the first quarter of 2026, Nucor had $2.48 billion in cash and cash equivalents and short-term investments on hand. The Company's $2.25 billion revolving credit facility remains undrawn and does not expire until March 2030. The Company continues to have the strongest credit ratings in the North American steel sector (A-/A-/A3) with stable outlooks at Standard & Poor's, Fitch Ratings and Moody's, respectively.Commitment to Returning Capital to Stockholders
During the first quarter of 2026, Nucor repurchased approximately 0.7 million shares of its common stock at an average price of $175.19 per share. Nucor has returned approximately $250 million to stockholders in the form of share repurchases and dividend payments year-to-date. On February 20, 2026, Nucor's Board of Directors approved a new share repurchase program under which Nucor is authorized to repurchase up to $4.00 billion of its common stock and terminated any previously authorized share repurchase programs. As of April 4, 2026, Nucor had approximately $3.97 billion remaining for repurchases under its authorized share repurchase program. This share repurchase authorization is discretionary and has no scheduled expiration date.On February 20, 2026, Nucor's Board of Directors declared a cash dividend of $0.56 per share. This cash dividend is payable on May 11, 2026, to stockholders of record as of March 31, 2026 and is Nucor's 212th consecutive quarterly cash dividend.Second Quarter of 2026 Outlook Compared to the First Quarter of 2026
We expect higher consolidated earnings in the second quarter of 2026, with improved earnings across all three operating segments. In the steel mills segment, the expected increase is due to higher realized selling prices with stable volumes. In the steel products segment, we expect improved earnings due to higher volumes on stable pricing. The raw materials segment is expected to have increased earnings due to higher realized pricing.Earnings Conference Call
An earnings call is scheduled for April 28, 2026 at 10:00 a.m. Eastern Time to review Nucor's first quarter of 2026 financial results and provide a business update. The call can be accessed via webcast from the Investor Relations section of Nucor's website (nucor.com/investors). A presentation with supplemental information to accompany the call has been posted to Nucor's Investor Relations website. A playback of the webcast will be posted to the same site within one day of the live event.About Nucor
Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; overhead doors; steel grating; wire and wire mesh; and utility structures. Nucor, through The David J. Joseph Company and its affiliates, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America's largest recycler.Non-GAAP Financial Measures
The Company uses certain non-GAAP (Generally Accepted Accounting Principles) financial measures in this news release, including EBITDA, adjusted net earnings attributable to Nucor stockholders and adjusted net earnings per diluted share. Generally, a non-GAAP financial measure is a numerical measure of a company's performance or financial position that either excludes or includes amounts that are not normally excluded or included in the most directly comparable financial measure calculated and presented in accordance with GAAP.We define EBITDA as net earnings before noncontrolling interests, adding back the following items: interest expense (income), net; provision for income taxes; losses and impairments of assets; depreciation; and amortization. We define adjusted net earnings attributable to Nucor stockholders as net earnings attributable to Nucor stockholders adding back losses and impairments of assets, net of tax and noncontrolling interests. We define adjusted net earnings per diluted share as net earnings per diluted share adding back the per diluted share impact of losses and impairments of assets, net of tax and noncontrolling interests. Please note that other companies might define their non-GAAP financial measures differently than we do.Management presents the non-GAAP financial measures of EBITDA, adjusted net earnings attributable to Nucor stockholders and adjusted net earnings per diluted share in this news release because it considers them to be important supplemental measures of performance. Management believes that these non-GAAP financial measures provide additional insight for analysts and investors evaluating the Company's financial and operational performance by providing a consistent basis of comparison across periods.Forward-Looking Statements
Certain statements contained in this news release are "forward-looking statements" that involve risks and uncertainties which we expect will or may occur in the future and may impact our business, financial condition and results of operations. The words "anticipate," "believe," "expect," "intend," "project," "may," "will," "should," "could" and similar expressions are intended to identify those forward-looking statements. These forward-looking statements reflect the Company's best judgment based on current information, and, although we base these statements on circumstances that we believe to be reasonable when made, there can be no assurance that future events will not affect the accuracy of such forward-looking information. As such, the forward-looking statements are not guarantees of future performance, and actual results may vary materially from the projected results and expectations discussed in this news release. Factors that might cause the Company's actual results to differ materially from those anticipated in forward-looking statements include, but are not limited to: (1) competitive pressure on sales and pricing, including pressure from imports and substitute materials; (2) U.S. and foreign trade policies affecting steel imports or exports; (3) the sensitivity of the results of our operations to general market conditions, and in particular, prevailing market steel prices and changes in the supply and cost of raw materials, including pig iron, iron ore and scrap steel; (4) the availability and cost of electricity and natural gas, which could negatively affect our cost of steel production or result in a delay or cancellation of existing or future drilling within our natural gas drilling programs; (5) critical equipment failures and business interruptions; (6) market demand for steel products, which, in the case of many of our products, is driven by the level of nonresidential construction activity in the United States; (7) impairment in the recorded value of inventory, equity investments, fixed assets, goodwill or other long-lived assets; (8) uncertainties and volatility surrounding the global economy, including excess world capacity for steel production, inflation and interest rate changes; (9) fluctuations in currency conversion rates; (10) significant changes in laws or government regulations affecting environmental compliance, including legislation and regulations that result in greater regulation of greenhouse gas emissions that could increase our energy costs, capital expenditures and operating costs or cause one or more of our permits to be revoked or make it more difficult to obtain permit modifications; (11) the cyclical nature of the steel industry; (12) capital investments and their impact on our performance; (13) our safety performance; (14) our ability to integrate businesses we acquire; and (15) the impact of any pandemic or public health situation. These and other factors are discussed in Nucor's regulatory filings with the United States Securities and Exchange Commission, including those in "Item 1A. Risk Factors" of Nucor's Annual Report on Form 10-K for the year ended December 31, 2025. The forward-looking statements contained in this news release speak only as of this date, and Nucor does not assume any obligation to update them, except as may be required by applicable law.Consolidated Financial StatementsCondensed Consolidated Statements of Earnings (Unaudited)
(In millions, except per share data)












Three Months (13 Weeks) Ended


April 4, 2026

December 31, 2025

April 5, 2025
Net sales
$9,496

$7,687

$7,830
Costs, expenses and other:








Cost of products sold

7,995


6,825


7,225
Marketing, administrative and other expenses

378


334


281
Equity in earnings of unconsolidated affiliates

(7)


(11)


(4)
Losses and impairments of assets

15


27


29
Interest expense, net

19


11


14



8,400


7,186


7,545
Earnings before income taxes and noncontrolling interests

1,096


501


285
Provision for income taxes

226


78


59
Net earnings before noncontrolling interests

870


423


226
Earnings attributable to noncontrolling interests

127


45


70
Net earnings attributable to Nucor stockholders
$743

$378

$156
Net earnings per share:








Basic
$3.23

$1.64

$0.67
Diluted
$3.23

$1.64

$0.67
Average shares outstanding:








Basic

228.9


229.3


232.7
Diluted

229.3


229.6


232.9


Condensed Consolidated Balance Sheets (Unaudited)(In millions)








April 4, 2026

December 31, 2025
ASSETS





Current assets:





Cash and cash equivalents
$2,226

$2,260
Short-term investments

255


439
Accounts receivable, net

3,567


3,105
Inventories, net

5,644


5,462
Other current assets

396


499
Total current assets

12,088


11,765
Property, plant and equipment, net

15,596


15,306
Goodwill

4,295


4,297
Other intangible assets, net

2,817


2,880
Other assets

839


856
Total assets
$35,635

$35,104
LIABILITIES





Current liabilities:





Short-term debt
$134

$122
Current portion of long-term debt and finance lease obligations

113


90
Accounts payable

2,109


1,890
Salaries, wages and related accruals

701


882
Accrued expenses and other current liabilities

1,110


1,020
Total current liabilities

4,167


4,004
Long-term debt and finance lease obligations due after one year

6,877


6,909
Deferred credits and other liabilities

2,043


2,067
Total liabilities

13,087


12,980
Commitments and contingencies





EQUITY





Nucor stockholders' equity:





Common stock

152


152
Additional paid-in capital

2,274


2,253
Retained earnings

32,118


31,504
Accumulated other comprehensive loss,
   net of income taxes

(206)


(194)
Treasury stock

(12,885)


(12,779)
Total Nucor stockholders' equity

21,453


20,936
Noncontrolling interests

1,095


1,188
Total equity

22,548


22,124
Total liabilities and equity
$35,635

$35,104


Condensed Consolidated Statements of Cash Flows (Unaudited)(In millions)





Three Months (13 Weeks) Ended


April 4, 2026

April 5, 2025
Operating activities:





Net earnings before noncontrolling interests
$870

$226
Adjustments:





Depreciation

321


303
Amortization

63


65
Impairment of assets

15


12
Stock-based compensation

30


26
Deferred income taxes

(34)


(31)
Distributions from affiliates

6


6
Equity in earnings of unconsolidated affiliates

(7)


(4)
Changes in assets and liabilities (exclusive of acquisitions and dispositions):





Accounts receivable

(463)


(291)
Inventories

(183)


(150)
Accounts payable

226


378
Federal income taxes

78


72
Salaries, wages and related accruals

(168)


(308)
Other operating activities

132


60
Cash provided by operating activities

886


364
Investing activities:





Capital expenditures

(661)


(859)
Investment in and advances to affiliates

(2)


-
Disposition of plant and equipment

14


3
Acquisitions (net of cash acquired)

-


(1)
Purchases of investments

(141)


(452)
Proceeds from the sale of investments

326


127
Other investing activities

18


2
Cash used in investing activities

(446)


(1,180)
Financing activities:





Net change in short-term debt

12


(65)
Proceeds from issuance of long-term debt, net of discount

-


997
Bond issuance costs

-


(9)
Repayment of long-term debt

(4)


(4)
Proceeds from exercise of stock options

4


-
Payment of tax withholdings on certain stock-based compensation

(3)


-
Distributions to noncontrolling interests

(220)


(172)
Cash dividends

(129)


(129)
Acquisition of treasury stock

(125)


(300)
Proceeds from government incentives

-


75
Other financing activities

(7)


21
Cash (used in) provided by financing activities

(472)


414
Effect of exchange rate changes on cash

(2)


-
Decrease in cash and cash equivalents

(34)


(402)
Cash and cash equivalents - beginning of year

2,260


3,558
Cash and cash equivalents - end of three months
$2,226

$3,156
Non-cash investing activity:





Change in accrued plant and equipment purchases
$(7)

$62









Select Financial and Operational Data








(Dollars in millions, tons in thousands, per unit amounts as noted)









Three Months (13 Weeks) Ended


April 4, 2026

Dec. 31, 2025

% Change

April 5, 2025

Year Ago %
Change
Consolidated Financial & Operational Data














Net Sales
$9,496

$7,687


24%
$7,830


21%External Average Sales Price per Ton
$1,279

$1,242


3%
$1,146


12%Sales Tons to External Customers

7,427


6,191


20%

6,830


9%Pre-Operating & Start-Up Costs
$108

$87


24%
$170


-36%Pre-Operating & Start-Up Costs per Diluted Share
$0.36

$0.29




$0.56



Number of Days in Period

94


88





95



Steel Mills Segment Data














Total Shipments

7,028


5,906


19%

6,463


9%Sales Tons to External Customers

5,619


4,602


22%

5,226


8%Percentage of Sales to Internal Customers

20%

22%




19%


External Average Sales Price per Ton
$1,074

$1,019


5%
$938


14%Average Scrap/Scrap Substitute Cost per Gross Ton Used
$403

$380


6%
$394


2%Utilization

86%

82%




80%


Steel Products Segment Data














Sales Tons to External Customers

1,159


1,025


13%

1,048


11%External Average Sales Price per Ton
$2,405

$2,413


0%
$2,294


5%







Tonnage Data (In thousands)
Three Months (13 Weeks) Ended


April 4, 2026

Dec. 31, 2025

% Change

April 5, 2025

Year Ago %
Change
Steel mills total shipments:














Sheet

3,394


2,804


21%

2,981


14%Bars

2,308


2,007


15%

2,290


1%Structural

649


522


24%

577


12%Plate

647


552


17%

577


12%Other

30


21


43%

38


-21%


7,028


5,906


19%

6,463


9%















Sales tons to outside customers:














Steel mills

5,619


4,602


22%

5,226


8%Joist and deck

185


218


-15%

182


2%Rebar fabrication products

291


270


8%

247


18%Tubular products

318


228


39%

270


18%Building systems

55


54


2%

48


15%Other steel products

310


255


22%

301


3%Raw materials

649


564


15%

556


17%


7,427


6,191


20%

6,830


9%



Non-GAAP Financial Measures
Reconciliation of EBITDA (Unaudited)
(In millions)












Three Months (13 Weeks) Ended


April 4, 2026

December 31, 2025

April 5, 2025
Net earnings before noncontrolling interests
$870

$423

$226
Depreciation

321


316


303
Amortization

63


63


65
Losses and impairments of assets

15


27


29
Interest expense, net

19


11


14
Provision for income taxes

226


78


59
EBITDA
$1,514

$918

$696














Reconciliation of Adjusted Net Earnings Attributable to Nucor Stockholders (Unaudited)
(In millions, except per share data)















Three Months (13 Weeks) Ended


December 31, 2025

April 5, 2025





Diluted EPS




Diluted EPS
Net earnings attributable to Nucor stockholders
$378

$1.64

$156

$0.67
Losses and impairments of assets, net of tax and noncontrolling interests

22


0.09


23


0.10
Adjusted net earnings attributable to Nucor stockholders
$400

$1.73

$179

$0.77
 



View original content to download multimedia:https://www.prnewswire.com/news-releases/nucor-reports-results-for-the-first-quarter-of-2026-302754639.htmlSOURCE Nucor Corporation

Original: Nucor Reports Results for the First Quarter of 2026

In Double Top Breakout mode/pattern since 8 Apr 2026. GLTA

Double Top Breakout on 1 Apr 2026. GLTA

In Low Pole Reversal pattern/mode since 20 March 2026. GLTA

Nucor Forecasts Strong Q1 Earnings Above Estimates as Steel Demand ImprovesMarch 19, 2026 10:03 AM
IH Market News
Nucor Corporation (NYSE:NUE) issued guidance for the first quarter of 2026, projecting earnings of $2.70 to $2.80 per diluted share, ahead of the analyst consensus estimate of $2.71 per share. The midpoint of the company’s forecast is $2.75 per share. Shares were little changed following the announcement.The steel producer said it expects profit growth across all three of its business segments compared with the fourth quarter of 2025. The steel mills division is anticipated to deliver the strongest improvement, supported by higher average selling prices and increased shipment volumes across its product lines.In the steel products segment, Nucor expects earnings to rise as a result of stronger shipment volumes and stable average pricing. Meanwhile, the raw materials segment is also projected to post modestly higher earnings.The company’s outlook marks a substantial improvement compared with the first quarter of the prior year, when Nucor reported adjusted earnings of $0.77 per diluted share.“Earnings in the first quarter of 2026 are expected to increase across all three of our operating segments as compared to the fourth quarter of 2025, with the largest increase in the steel mills segment,” the company stated in its release.During the first quarter of 2026, Nucor repurchased about 0.7 million shares at an average price of $175.19 each. Year-to-date, the company has returned roughly $250 million to shareholders through a combination of share buybacks and dividend payments.For the fourth quarter of 2025, Nucor reported net earnings of $1.64 per diluted share and adjusted earnings of $1.73 per diluted share.Nucor said it plans to report its first-quarter 2026 results after the market closes on April 27, 2026, followed by a conference call scheduled for April 28 at 10:00 a.m. Eastern Time.Nucor stock price

Original: Nucor Forecasts Strong Q1 Earnings Above Estimates as Steel Demand Improves

Nucor Announces Guidance for the First Quarter of 2026 EarningsMarch 19, 2026 7:30 AM
PR Newswire (US)

CHARLOTTE, N.C., March 19, 2026 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) today announced guidance for its first quarter ending April 4, 2026. Nucor expects first quarter earnings to be in the range of $2.70 to $2.80 per diluted share. Nucor reported fourth quarter 2025 net earnings of $1.64 and adjusted earnings of $1.73, both per diluted share.  Prior year first quarter net earnings were $0.67 and adjusted earnings were $0.77, both per diluted share.







First Quarter of 2026 Commentary
Earnings in the first quarter of 2026 are expected to increase across all three of our operating segments as compared to the fourth quarter of 2025, with the largest increase in the steel mills segment. The expected increase in the steel mills segment earnings is due to higher average selling prices and volumes across all product groups. In the steel products segment, we expect improved earnings due to increased volumes and stable average realized pricing. The raw materials segment is expected to have slightly higher earnings in the first quarter of 2026. Capital Returns
During the first quarter of 2026, Nucor has repurchased approximately 0.7 million shares at an average price of $175.19 per share. Nucor has returned approximately $250 million to stockholders in the form of share repurchases and dividend payments year-to-date.First Quarter of 2026 Earnings Release and Conference Call
Nucor plans to release its earnings after the markets close on Monday, April 27, 2026, and will host a conference call the morning of Tuesday, April 28, 2026 at 10:00 a.m. Eastern Time to review the Company's first quarter results. The event will be broadcast on the internet, and instructions on how to access will be sent closer to the call.About Nucor
Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; overhead doors; steel grating; wire and wire mesh; and utility structures. Nucor, through The David J. Joseph Company and its affiliates, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America's largest recycler.Non-GAAP Financial Measures
The Company uses certain non-GAAP (Generally Accepted Accounting Principles) financial measures in this news release, including adjusted net earnings per diluted share. Generally, a non-GAAP financial measure is a numerical measure of a company's performance or financial position that either excludes or includes amounts that are not normally excluded or included in the most directly comparable financial measure calculated and presented in accordance with GAAP.We define adjusted net earnings per diluted share as net earnings per diluted share adding back the per diluted share impact of losses and impairments of assets, net of tax and noncontrolling interests. Please note that other companies might define their non-GAAP financial measures differently than we do.Management presents the non-GAAP financial measure of adjusted net earnings per diluted share in this news release because it considers it to be an important supplemental measure of performance. Management believes that this non-GAAP financial measure provides additional insight for analysts and investors evaluating the Company's financial and operational performance by providing a consistent basis of comparison across periods.Forward-Looking Statements
Certain statements contained in this news release are "forward-looking statements" that involve risks and uncertainties which we expect will or may occur in the future and may impact our business, financial condition and results of operations. The words "anticipate," "believe," "expect," "intend," "project," "may," "will," "should," "could" and similar expressions are intended to identify those forward-looking statements. These forward-looking statements reflect the Company's best judgment based on current information, and, although we base these statements on circumstances that we believe to be reasonable when made, there can be no assurance that future events will not affect the accuracy of such forward-looking information. As such, the forward-looking statements are not guarantees of future performance, and actual results may vary materially from the projected results and expectations discussed in this news release. Factors that might cause the Company's actual results to differ materially from those anticipated in forward-looking statements include, but are not limited to: (1) competitive pressure on sales and pricing, including pressure from imports and substitute materials; (2) U.S. and foreign trade policies affecting steel imports or exports; (3) the sensitivity of the results of our operations to general market conditions, and in particular, prevailing market steel prices and changes in the supply and cost of raw materials, including pig iron, iron ore and scrap steel; (4) the availability and cost of electricity and natural gas, which could negatively affect our cost of steel production or result in a delay or cancellation of existing or future drilling within our natural gas drilling programs; (5) critical equipment failures and business interruptions; (6) market demand for steel products, which, in the case of many of our products, is driven by the level of nonresidential construction activity in the United States; (7) impairment in the recorded value of inventory, equity investments, fixed assets, goodwill or other long-lived assets; (8) uncertainties and volatility surrounding the global economy, including excess world capacity for steel production, inflation and interest rate changes; (9) fluctuations in currency conversion rates; (10) significant changes in laws or government regulations affecting environmental compliance, including legislation and regulations that result in greater regulation of greenhouse gas emissions that could increase our energy costs, capital expenditures and operating costs or cause one or more of our permits to be revoked or make it more difficult to obtain permit modifications; (11) the cyclical nature of the steel industry; (12) capital investments and their impact on our performance; (13) our safety performance; (14) our ability to integrate businesses we acquire; and (15) the impact of any pandemic or public health situation. These and other factors are discussed in Nucor's regulatory filings with the United States Securities and Exchange Commission, including those in "Item 1A. Risk Factors" of Nucor's Annual Report on Form 10-K for the year ended December 31, 2025. The forward-looking statements contained in this news release speak only as of this date, and Nucor does not assume any obligation to update them, except as may be required by applicable law.Non-GAAP Financial MeasuresReconciliation of Adjusted Net Earnings Per Diluted Share (Unaudited)









Three Months (13 Weeks) Ended



December 31, 2025

April 5, 2025

Net earnings per diluted share
$1.64

$0.67

Losses and impairments of assets, net of tax and noncontrolling
interests, per diluted share

0.09


0.10

Adjusted net earnings per diluted share
$1.73

$0.77













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Original: Nucor Announces Guidance for the First Quarter of 2026 Earnings

In Descending Triple Bottom Breakdown since 06 March 2026. BLTA

Nucor Announces 212th Consecutive Cash Dividend and New Share Repurchase ProgramFebruary 20, 2026 9:00 AM
PR Newswire (US)

CHARLOTTE, N.C., Feb. 20, 2026 /PRNewswire/ -- The Board of Directors of Nucor Corporation (NYSE: NUE) declared the regular quarterly cash dividend of $0.56 per share on Nucor's common stock. This cash dividend is payable on May 11, 2026 to stockholders of record on March 31, 2026 and is Nucor's 212th consecutive quarterly cash dividend.







In a separate action, Nucor's Board of Directors approved the repurchase of up to $4.00 billion of the Company's outstanding common stock.  This new authorization replaces the previously authorized $4.00 billion repurchase program (which was terminated by the Board of Directors in connection with the approval of the new authorization), under which approximately $3.69 billion of the Company's common stock had been repurchased since its authorization in May 2023. The Company expects share repurchases will be made from time to time in the open market at prevailing market prices or through private transactions or block trades.  The timing and amount of repurchases will depend on market conditions, share price, applicable legal requirements and other factors.  The new share repurchase authorization is discretionary and has no expiration date.About Nucor
Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; overhead doors; steel grating; wire and wire mesh; and utility structures. Nucor, through The David J. Joseph Company and its affiliates, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America's largest recycler.Forward-Looking Statements
Certain statements contained in this news release are "forward-looking statements" that involve risks and uncertainties which we expect will or may occur in the future and may impact our business, financial condition and results of operations. The words "anticipate," "believe," "expect," "intend," "project," "may," "will," "should," "could" and similar expressions are intended to identify those forward-looking statements. These forward-looking statements reflect the Company's best judgment based on current information, and, although we base these statements on circumstances that we believe to be reasonable when made, there can be no assurance that future events will not affect the accuracy of such forward-looking information. As such, the forward-looking statements are not guarantees of future performance, and actual results may vary materially from the projected results and expectations discussed in this news release. Factors that might cause the Company's actual results to differ materially from those anticipated in forward-looking statements include, but are not limited to: (1) competitive pressure on sales and pricing, including pressure from imports and substitute materials; (2) U.S. and foreign trade policies affecting steel imports or exports; (3) the sensitivity of the results of our operations to general market conditions, and in particular, prevailing market steel prices and changes in the supply and cost of raw materials, including pig iron, iron ore and scrap steel; (4) the availability and cost of electricity and natural gas, which could negatively affect our cost of steel production or result in a delay or cancellation of existing or future drilling within our natural gas drilling programs; (5) critical equipment failures and business interruptions; (6) market demand for steel products, which, in the case of many of our products, is driven by the level of nonresidential construction activity in the United States; (7) impairment in the recorded value of inventory, equity investments, fixed assets, goodwill or other long-lived assets; (8) uncertainties and volatility surrounding the global economy, including excess world capacity for steel production, inflation and interest rate changes; (9) fluctuations in currency conversion rates; (10) significant changes in laws or government regulations affecting environmental compliance, including legislation and regulations that result in greater regulation of greenhouse gas emissions that could increase our energy costs, capital expenditures and operating costs or cause one or more of our permits to be revoked or make it more difficult to obtain permit modifications; (11) the cyclical nature of the steel industry; (12) capital investments and their impact on our performance; (13) our safety performance; (14) our ability to integrate businesses we acquire; and (15) the impact of any pandemic or public health situation. These and other factors are discussed in Nucor's regulatory filings with the United States Securities and Exchange Commission, including those in "Item 1A. Risk Factors" of Nucor's Annual Report on Form 10-K for the year ended December 31, 2024. The forward-looking statements contained in this news release speak only as of this date, and Nucor does not assume any obligation to update them, except as may be required by applicable law.



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Original: Nucor Announces 212th Consecutive Cash Dividend and New Share Repurchase Program

Nucor Announces Promotion of Jack Sullivan to Chief Financial Officer, Treasurer and Executive Vice PresidentFebruary 20, 2026 8:30 AM
PR Newswire (US)

CHARLOTTE, N.C., Feb. 20, 2026 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that John L. "Jack" Sullivan, Vice President, Treasurer and General Manager of Investor Relations, will be promoted to Chief Financial Officer, Treasurer and Executive Vice President effective March 1, 2026. He will succeed Steve Laxton, who was promoted to President and Chief Operating Officer effective January 1, 2026.







Mr. Sullivan, 52, began his career with Nucor in 2022 as General Manager of Investor Relations and was promoted to his current role in 2025. Mr. Sullivan previously worked for Duke Energy for 13 years, holding positions of increasing responsibility across treasury, corporate development and investor relations. Prior to joining Duke Energy, he spent nine years in corporate and investment banking at Bank of America. He holds a Bachelor of Arts degree from the University of North Carolina at Chapel Hill and a Master of Business Administration from Wake Forest University."Jack will be a great addition to the executive leadership team," commented Leon Topalian, Nucor's Chair and Chief Executive Officer.  "He is an accomplished leader whose strong financial acumen and strategic insight position him well to advance Nucor's mission of creating sustainable long-term value for our shareholders, customers, teammates and the communities we serve.  I would also like to thank Steve Laxton, who will continue as our President and Chief Operating Officer, for his leadership as CFO during this transition period." About Nucor
Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel — in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; overhead doors; steel grating; wire and wire mesh; and utility structures. Nucor, through The David J. Joseph Company and its affiliates, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America's largest recycler.



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Original: Nucor Announces Promotion of Jack Sullivan to Chief Financial Officer, Treasurer and Executive Vice President

Great stuff! $200 on deck.

In Ascending Triple Top Breakout mode since 3 Feb 2026. GLTA

Nucor Reports Results for the Fourth Quarter of 2025January 26, 2026 9:30 PM
PR Newswire (US)

Fourth Quarter of 2025 HighlightsNet earnings attributable to Nucor stockholders of $378 million, or $1.64 per diluted shareAdjusted net earnings attributable to Nucor stockholders of $400 million, or $1.73 per diluted shareNet sales of $7.69 billionNet earnings before noncontrolling interests of $423 million; EBITDA of $918 millionCHARLOTTE, N.C., Jan. 26, 2026 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) today announced consolidated net earnings attributable to Nucor stockholders of $378 million, or $1.64 per diluted share, for the fourth quarter of 2025. Excluding impairment charges taken during the quarter, Nucor's fourth quarter of 2025 adjusted net earnings attributable to Nucor stockholders were $400 million, or $1.73 per diluted share. By comparison, Nucor reported consolidated net earnings attributable to Nucor stockholders of $607 million, or $2.63 per diluted share, for the third quarter of 2025 and $287 million, or $1.22 per diluted share, for the fourth quarter of 2024.







Reflected in the fourth quarter of 2025 losses and impairments of assets are charges of $21 million, or $0.08 per diluted share, related to the closure or repurposing of certain facilities in the steel products segment. Also included in the fourth quarter of 2025 losses and impairments of assets are charges of $6 million, or $0.01 per diluted share, related to the impairment of certain non-current assets in the steel mills segment. "I want to thank our teammates for their tremendous work throughout 2025 - delivering for our customers, advancing key growth projects, and making this Nucor's safest year," said Leon Topalian, Nucor's Chair and Chief Executive Officer. "During the year, we brought several major projects online, including our new rebar micro-mill in Lexington, North Carolina, the Kingman, Arizona melt shop, our Alabama Towers and Structures facility, and our coating complex in Crawfordsville, Indiana. As these and other recently completed projects ramp up, they are beginning to deliver meaningful earnings contributions and we believe they will play an important role in strengthening our earnings power over time."Looking ahead to 2026, we are encouraged by robust demand in several key end markets, historically strong backlogs, and federal policies that support a vibrant domestic steel industry. Our focus remains on execution and generating strong, through-cycle returns for our shareholders."Earnings Before Income Taxes and Noncontrolling Interests by Segment (In millions)

Three Months (13 Weeks) Ended

Twelve Months (52 Weeks) Ended


December 31, 2025

October 4, 2025

December 31, 2024

December 31, 2025

December 31, 2024
Steel mills
$516

$793

$169

$2,383

$2,226
Steel products

230


319


329


1,229


1,596
Raw materials

24


43


57


153


40
Corporate/eliminations

(269)


(272)


(165)


(1,197)


(960)


$501

$883

$390

$2,568

$2,902
Analysis of Fourth Quarter of 2025 Results Compared to the Third Quarter of 2025
The steel mills segment earnings decreased in the fourth quarter of 2025 due to lower volumes and margin compression, primarily in sheet. In the steel products segment, earnings declined in the fourth quarter on lower volumes and higher average costs per ton, partially offset by higher average realized pricing. The raw materials segment earnings decreased in the fourth quarter mainly as a result of two scheduled outages at our direct reduced iron facilities that were partially offset by insurance recoveries.Financial Strength
At the end of the fourth quarter of 2025, Nucor had $2.70 billion in cash and cash equivalents and short-term investments on hand. The Company's $2.25 billion revolving credit facility remains undrawn and does not expire until March 2030. The Company continues to have the strongest credit ratings in the North American steel sector (A-/A-/A3) with stable outlooks at Standard & Poor's, Fitch Ratings and Moody's, respectively.Commitment to Returning Capital to Stockholders
During the fourth quarter of 2025, Nucor repurchased approximately 0.7 million shares of its common stock at an average price of $145.23 per share (approximately 5.4 million shares during the full year 2025 at an average price of $128.66 per share). As of December 31, 2025, Nucor had approximately $406 million remaining authorized and available for repurchases under its share repurchase program. This share repurchase authorization is discretionary and has no scheduled expiration date.On December 1, 2025, Nucor's Board of Directors declared a cash dividend of $0.56 per share. This cash dividend is payable on February 11, 2026, to stockholders of record as of December 31, 2025 and is Nucor's 211th consecutive quarterly cash dividend. Nucor has increased its regular, or base, dividend for 53 consecutive years – every year since it first began paying dividends in 1973.For the full year of 2025, Nucor returned approximately $1.2 billion to stockholders in the form of share repurchases and dividend payments.First Quarter of 2026 Outlook Compared to the Fourth Quarter of 2025
We expect earnings to increase in the first quarter of 2026. Earnings in the first quarter of 2026 are expected to increase across all three of our operating segments, with the largest increase in the steel mills segment.  In the steel mills segment, the expected increase is due to higher volumes and higher realized prices across all major product categories. In the steel products segment, we expect improved earnings in the first quarter due to increased volumes on stable pricing. The raw materials segment is expected to have increased earnings in the first quarter of 2026. Earnings Conference Call
An earnings call is scheduled for January 27, 2026 at 10:00 a.m. Eastern Time to review Nucor's fourth quarter and full year 2025 financial results and provide a business update. The call can be accessed via webcast from the Investor Relations section of Nucor's website (nucor.com/investors). A presentation with supplemental information to accompany the call has been posted to Nucor's Investor Relations website. A playback of the webcast will be posted to the same site within one day of the live event.About Nucor
Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; overhead doors; steel grating; wire and wire mesh; and utility structures. Nucor, through The David J. Joseph Company and its affiliates, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America's largest recycler.Non-GAAP Financial Measures
The Company uses certain non-GAAP (Generally Accepted Accounting Principles) financial measures in this news release, including EBITDA, adjusted net earnings attributable to Nucor stockholders and adjusted net earnings per diluted share. Generally, a non-GAAP financial measure is a numerical measure of a company's performance or financial position that either excludes or includes amounts that are not normally excluded or included in the most directly comparable financial measure calculated and presented in accordance with GAAP.We define EBITDA as net earnings before noncontrolling interests, adding back the following items: interest expense (income), net; provision for income taxes; losses and impairments of assets; depreciation; and amortization. We define adjusted net earnings attributable to Nucor stockholders as net earnings attributable to Nucor stockholders adding back losses and impairments of assets, net of tax and noncontrolling interests. We define adjusted net earnings per diluted share as net earnings per diluted share adding back the per diluted share impact of losses and impairments of assets, net of tax and noncontrolling interests. Please note that other companies might define their non-GAAP financial measures differently than we do.Management presents the non-GAAP financial measures of EBITDA, adjusted net earnings attributable to Nucor stockholders and adjusted net earnings per diluted share in this news release because it considers them to be important supplemental measures of performance. Management believes that these non-GAAP financial measures provide additional insight for analysts and investors evaluating the Company's financial and operational performance by providing a consistent basis of comparison across periods.Forward-Looking Statements
Certain statements contained in this news release are "forward-looking statements" that involve risks and uncertainties which we expect will or may occur in the future and may impact our business, financial condition and results of operations. The words "anticipate," "believe," "expect," "intend," "project," "may," "will," "should," "could" and similar expressions are intended to identify those forward-looking statements. These forward-looking statements reflect the Company's best judgment based on current information, and, although we base these statements on circumstances that we believe to be reasonable when made, there can be no assurance that future events will not affect the accuracy of such forward-looking information. As such, the forward-looking statements are not guarantees of future performance, and actual results may vary materially from the projected results and expectations discussed in this news release. Factors that might cause the Company's actual results to differ materially from those anticipated in forward-looking statements include, but are not limited to: (1) competitive pressure on sales and pricing, including pressure from imports and substitute materials; (2) U.S. and foreign trade policies affecting steel imports or exports; (3) the sensitivity of the results of our operations to general market conditions, and in particular, prevailing market steel prices and changes in the supply and cost of raw materials, including pig iron, iron ore and scrap steel; (4) the availability and cost of electricity and natural gas, which could negatively affect our cost of steel production or result in a delay or cancellation of existing or future drilling within our natural gas drilling programs; (5) critical equipment failures and business interruptions; (6) market demand for steel products, which, in the case of many of our products, is driven by the level of nonresidential construction activity in the United States; (7) impairment in the recorded value of inventory, equity investments, fixed assets, goodwill or other long-lived assets; (8) uncertainties and volatility surrounding the global economy, including excess world capacity for steel production, inflation and interest rate changes; (9) fluctuations in currency conversion rates; (10) significant changes in laws or government regulations affecting environmental compliance, including legislation and regulations that result in greater regulation of greenhouse gas emissions that could increase our energy costs, capital expenditures and operating costs or cause one or more of our permits to be revoked or make it more difficult to obtain permit modifications; (11) the cyclical nature of the steel industry; (12) capital investments and their impact on our performance; (13) our safety performance; (14) our ability to integrate businesses we acquire; and (15) the impact of any pandemic or public health situation. These and other factors are discussed in Nucor's regulatory filings with the United States Securities and Exchange Commission, including those in "Item 1A. Risk Factors" of Nucor's Annual Report on Form 10-K for the year ended December 31, 2024. The forward-looking statements contained in this news release speak only as of this date, and Nucor does not assume any obligation to update them, except as may be required by applicable law.Consolidated Financial StatementsCondensed Consolidated Statements of Earnings (Unaudited)
(In millions, except per share data)


















Three Months (13 Weeks) Ended

Twelve Months (52 Weeks) Ended


Dec. 31, 2025

Oct. 4, 2025

Dec. 31, 2024

Dec. 31, 2025

Dec. 31, 2024
Net sales
$7,687

$8,521

$7,076

$32,494

$30,734
Costs, expenses and other:














Cost of products sold

6,825


7,333


6,449


28,616


26,632
Marketing, administrative and other expenses

334


300


240


1,219


1,123
Equity in earnings of unconsolidated affiliates

(11)


(10)


(6)


(35)


(30)
Losses and impairments of assets

27


-


-


67


137
Interest expense (income), net

11


15


3


59


(30)



7,186


7,638


6,686


29,926


27,832
Earnings before income taxes and noncontrolling interests

501


883


390


2,568


2,902
Provision for income taxes

78


200


45


530


583
Net earnings before noncontrolling interests

423


683


345


2,038


2,319
Earnings attributable to noncontrolling interests

45


76


58


294


292
Net earnings attributable to Nucor stockholders
$378

$607

$287

$1,744

$2,027
Net earnings per share:














Basic
$1.64

$2.63

$1.22

$7.53

$8.47
Diluted
$1.64

$2.63

$1.22

$7.52

$8.46
Average shares outstanding:














Basic

229.3


229.9


234.0


230.7


238.3
Diluted

229.6


230.2


234.3


230.9


238.5
 Condensed Consolidated Balance Sheets (Unaudited)(In millions) 

December 31,


2025

2024
ASSETS





Current assets:





Cash and cash equivalents
$2,260

$3,558
Short-term investments

439


581
Accounts receivable, net

3,105


2,675
Inventories, net

5,462


5,106
Other current assets

499


555
Total current assets

11,765


12,475
Property, plant and equipment, net

15,306


13,243
Goodwill

4,297


4,288
Other intangible assets, net

2,880


3,134
Other assets

856


800
Total assets
$35,104

$33,940
LIABILITIES AND EQUITY





Current liabilities:





Short-term debt
$122

$225
Current portion of long-term debt and finance lease obligations

90


1,042
Accounts payable

1,890


1,832
Salaries, wages and related accruals

882


903
Accrued expenses and other current liabilities

1,020


975
Total current liabilities

4,004


4,977
Long-term debt and finance lease obligations due after one year

6,909


5,683
Deferred credits and other liabilities

2,067


1,863
Total liabilities

12,980


12,523
Commitments and contingencies





Equity





Nucor stockholders' equity:





Common stock

152


152
Additional paid-in capital

2,253


2,223
Retained earnings

31,504


30,271
Accumulated other comprehensive loss, net of income taxes

(194)


(208)
Treasury stock

(12,779)


(12,144)
Total Nucor stockholders' equity

20,936


20,294
Noncontrolling interests

1,188


1,123
Total equity

22,124


21,417
Total liabilities and equity
$35,104

$33,940
 Condensed Consolidated Statements of Cash Flows (Unaudited)(In millions) 

Year Ended December 31,


2025

2024
Operating activities:





Net earnings before noncontrolling interests
$2,038

$2,319
Adjustments:





Depreciation

1,226


1,094
Amortization

254


262
Stock-based compensation

133


132
Deferred income taxes

161


(116)
Distributions from affiliates

46


25
Equity in earnings of unconsolidated affiliates

(35)


(30)
Losses and impairments of assets

47


137
Changes in assets and liabilities (exclusive of acquisitions and dispositions):





Accounts receivable

(428)


319
Inventories

(366)


518
Accounts payable

80


(321)
Federal income taxes

124


97
Salaries, wages and related accruals

2


(385)
Other operating activities

(48)


(72)
Cash provided by operating activities

3,234


3,979
Investing activities:





Capital expenditures

(3,422)


(3,173)
Investment in and advances to affiliates

(1)


—
Sale of business

—


1
Disposition of plant and equipment

45


17
Acquisitions (net of cash acquired)

(2)


(758)
Purchases of investments

(985)


(1,296)
Proceeds from the sale of investments

1,140


1,487
Other investing activities

(1)


(12)
Cash used in investing activities

(3,226)


(3,734)
Financing activities:





Net change in short-term debt

(102)


105
Proceeds from issuance of long-term debt, net of discount

1,217


—
Repayment of long-term debt

(1,015)


(10)
Bond issuance costs

(9)


—
Proceeds from exercise of stock options

5


4
Payment of tax withholdings on certain stock-based compensation

(32)


(53)
Distributions to noncontrolling interests

(249)


(352)
Cash dividends

(512)


(522)
Acquisition of treasury stock

(700)


(2,217)
Proceeds from government incentives

77


—
Other financing activities

5


(13)
Cash used in financing activities

(1,315)


(3,058)
Effect of exchange rate changes on cash

9


(16)
Decrease in cash and cash equivalents

(1,298)


(2,829)
Cash and cash equivalents - beginning of year

3,558


6,387
Cash and cash equivalents - end of year
$2,260

$3,558
Non-cash investing activity:





Change in accrued plant and equipment purchases
$(26)

$115
 Select Financial and Operational Data 













(Dollars in millions, tons in thousands, per unit amounts as noted)


















Three Months (13 Weeks) Ended

Twelve Months (52 Weeks) Ended


Dec. 31,
2025

Oct. 4,
2025

%
Change

Dec. 31,
2024

Year Ago
% Change

Dec. 31,
2025

Dec. 31,
2024

%
Change
Consolidated Financial & Operational Data























Net Sales
$7,687

$8,521


-10%
$7,076


9%
$32,494

$30,734


6%External Average Sales Price per Ton
$1,242

$1,258


-1%
$1,168


6%
$1,221

$1,241


-2%Sales Tons to External Customers

6,191


6,774


-9%

6,058


2%

26,615


24,767


7%Pre-Operating & Start-Up Costs
$87

$103


-16%
$164


-47%
$496

$594


-16%Pre-Operating & Start-Up Costs per Diluted Share
$0.29

$0.34




$0.53




$1.63

$1.89



Number of Days in Period

88


91





94





365


366



Steel Mills Segment Data























Total Shipments

5,906


6,428


-8%

5,650


5%

25,271


23,126


9%Sales Tons to External Customers

4,602


4,976


-8%

4,580


0%

19,848


18,480


7%Percentage of Sales to Internal Customers

22%

23%




19%




21%

20%


External Average Sales Price per Ton
$1,019

$1,038


-2%
$926


10%
$1,008

$1,013


0%Average Scrap/Scrap Substitute Cost per Gross Ton
$380

$391


-3%
$381


0%
$392

$394


-1%Utilization

82%

85%




74%




83%

76%


Steel Products Segment Data























Sales Tons to External Customers

1,025


1,183


-13%

968


6%

4,397


4,018


9%Average Sales Price per Ton
$2,413

$2,358


2%
$2,448


-1%
$2,348

$2,510


-6% Tonnage Data (In thousands)
Three Months (13 Weeks) Ended

Twelve Months (52 Weeks) Ended


Dec. 31,
2025

Oct. 4,
2025

%
Change

Dec. 31,
2024

Year Ago
% Change

Dec. 31,
2025

Dec. 31,
2024

%
Change
Steel mills total shipments:























Sheet

2,804


3,030


-7%

2,714


3%

11,872


11,394


4%Bars

2,007


2,190


-8%

1,887


6%

8,635


7,730


12%Structural

522


595


-12%

508


3%

2,329


2,063


13%Plate

552


594


-7%

502


10%

2,329


1,797


30%Other

21


19


11%

39


-46%

106


142


-25%


5,906


6,428


-8%

5,650


5%

25,271


23,126


9%
























Sales tons to outside customers:























Steel mills

4,602


4,976


-8%

4,580


0%

19,848


18,480


7%Joist and deck

218


254


-14%

178


22%

871


712


22%Rebar fabrication products

270


356


-24%

239


13%

1,179


1,020


16%Tubular products

228


206


11%

221


3%

947


856


11%Building systems

54


62


-13%

57


-5%

228


238


-4%Other steel products

255


305


-16%

273


-7%

1,172


1,192


-2%Raw materials

564


615


-8%

510


11%

2,370


2,269


4%


6,191


6,774


-9%

6,058


2%

26,615


24,767


7% Non-GAAP Financial Measures
Reconciliation of EBITDA (Unaudited)
(In millions)


















Three Months (13 Weeks) Ended

Twelve Months (52 Weeks) Ended


Dec. 31, 2025

Oct. 4, 2025

Dec. 31, 2024

Dec. 31, 2025

Dec. 31, 2024
Net earnings before noncontrolling interests
$423

$683

$345

$2,038

$2,319
Depreciation

316


304


285


1,226


1,094
Amortization

63


63


73


254


262
Losses and impairments of assets

27


-


-


67


137
Interest expense (income), net

11


15


3


59


(30)
Provision for income taxes

78


200


45


530


583
EBITDA
$918

$1,265

$751

$4,174

$4,365
 Reconciliation of Adjusted Net Earnings Attributable to Nucor Stockholders (Unaudited)
(In millions, except per share data)





















Three Months (13 Weeks) Ended

Twelve Months (52 Weeks) Ended


December 31, 2025

December 31, 2025

December 31, 2024





Diluted EPS




Diluted EPS




Diluted EPS
Net earnings attributable to Nucor stockholders
$378

$1.64

$1,744

$7.52

$2,027

$8.46
Losses and impairments of assets, net of tax and noncontrolling interests

22


0.09


45


0.19


103


0.44
Adjusted net earnings attributable to Nucor stockholders
$400

$1.73

$1,789

$7.71

$2,130

$8.90
 



View original content to download multimedia:https://www.prnewswire.com/news-releases/nucor-reports-results-for-the-fourth-quarter-of-2025-302670322.htmlSOURCE Nucor Corporation

Original: Nucor Reports Results for the Fourth Quarter of 2025

2026 promises to be a very prosperous year for NUE

Double Top Breakout on 2 Jan 2026. GLTA

Good investment. Congrats.

NUE's recovery here late in the year has been very impressive. Still holding a bunch here.

Great. NUE has been a great long-term hold here for me for many years.

Nue has been in Ascending Triple Top Breakout mode since 25 Nov 2025.
In Impressive and continuing chart pattern. GLTA

Double Top Breakout on 27-Oct-2025. GLTA

In Low Pole Reversal mode since 26-Sep-2025. GLTA

Low Pole Reversal on 30-Jul-2025. GLTA

Trump is building up Nucor and other steel plants across america, cutting ties with other countries

NUE 10 Q due Tuesday 4/29

Low Pole Reversal on 24-Mar-2025. GLTA

$142.37 +$4.60 (+3.34%)

Nucor share price Ascending Triple Top Breakout on 10-Feb-2025. GLTA

Yup, good day today, Prudent! GLTY

Nice double earnings beat and share price appreciation today.

Nucor day order to buy at $117.00 filled. GLTA

PS: Trying to bottom fish? We shall see. Step one for me.

Was way undervalued waiting for the Trump victory, should see new 52 week highs

NUE 10Q due Oct 21

NUE 10Q due July22

Nucor Announces Appointment of Nicole B. Theophilus as Executive Vice President of Talent and Human Resources - April 18 2024

CHARLOTTE, N.C., April 18, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today the appointment of Nicole B. Theophilus to the newly created position of Executive Vice President of Talent and Human Resources, effective April 29, 2024. In this role, Ms. Theophilus will focus on Nucor's enterprise talent development and human resources strategy.

Ms. Theophilus, 54, most recently served as Executive Vice President and Chief Human Resources Officer of Wabtec Corporation, a global provider of equipment, systems, digital solutions and services for the freight and transit rail sectors. Her previous leadership roles include serving as Chief Human Resources Officer of West Corporation and ConAgra Foods, Inc. Prior to joining ConAgra, she was a partner with the law firm of Blackwell Sanders Peper Martin, LLP (now known as Husch Blackwell).

"Niki is an accomplished leader who will be a strong addition to our executive team," said Leon Topalian, Nucor's Chair, President and Chief Executive Officer. "In keeping with our culture of taking care of our team, we created this executive-level position to better serve our teammates. We look forward to welcoming Niki to Nucor and working alongside her in advancing the important work already underway on the growth, retention and development of all Nucor teammates."

This is an all data chart

Monk. In follow to my e-mail to you earlier, note that NUE is also a major holding in the Beneficiary IRA to which I referred.

Here we are again with NUE above $200! Great stuff!

Nucor is a solid company in a period when managers stopped chasing junk and focused on value and the result is evident in the chart
Price is what you pay, value is what you get

New ATH's today and a new All-time closing high for NUE. Great stuff.

What these impatient souls don’t understand
Well, I’ll put it this way
The US economy is the most complicated, complex, convoluted economy on the planet
It is beyond the understanding of all those Federal Reserve economists with their doctorates to determine how capital can best be deployed
At most there are maybe 1500 public traded companies that could be viewed as investable
The other 8500 range from absolute crap shoots to good buys when the US economy is in expansion mode

Yes indeed. NUE has been a fantastic long-term holding for us and has been enhanced through automatic reinvestment of all dividends.

NUE new 52 hi

Nucor is Going Nuclear! HUGE!

https://www.fool.com/investing/2023/06/08/nucor-is-going-nuclear-what-investors-should-know/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article&yptr=yahoo

We are laughing stock of infrastructure that about to change! $$

Debt ceiling agreement reached, infrastructure anyone? $$

Thanks for reply. Hope vacation was great.

Hello Raw! Hope you are well. Sorry for the delay, been on vacation. NUE isn't looking so well right now imo. Broke below both the 50&200ma on the daily with a hard drawdown on the 50ma most likely breaking through the 200 within the next couple weeks. The weekly isn't much better with the pps sitting below the 40 week MA. The pps marked 4 weeks ago at 158.35 and yesterday PA took out the mid March mark of 138.56 so your next stop is the 128 area. I wouldn't be surprised to see it pop up against the 200 or even the 50ma if we get a strong showing in the overall markets next week. GL

Added. $4 billion share buyback approval.

EPS raised for 2nd quarter! $$$

https://www.tickerreport.com/banking-finance/10533172/q2-2023-eps-estimates-for-nucor-co-nysenue-raised-by-analyst.html