NUE · Nucor Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $32.49B | $30.73B | $34.71B | $41.51B | $36.48B | $20.14B |
| Cost of Revenue | $28.62B | $26.63B | $26.90B | $29.01B | $25.46B | $17.91B |
| Gross Profit | $3.88B | $4.10B | $7.81B | $12.50B | $11.03B | $2.23B |
| R&D | - | - | - | - | - | - |
| SG&A | $1.22B | $1.12B | $1.58B | $2.00B | $1.71B | $615.04M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $1.23B | $1.09B | $930.59M | $826.69M | $735.41M | $702.11M |
| Operating Income | $2.57B | $2.90B | $6.27B | $10.24B | $9.20B | $835.54M |
| Interest Expense | $170.00M | $228.00M | $245.95M | $218.91M | $163.12M | $166.61M |
| Income Tax | $530.00M | $583.00M | $1.36B | $2.17B | $2.08B | ($490.0K) |
| Net Income | $1.74B | $2.03B | $4.52B | $7.61B | $6.83B | $721.47M |
| EPS - Basic | $7.53 | $8.47 | $18.05 | $28.88 | $23.23 | $2.37 |
| EPS - Diluted | $7.52 | $8.46 | $18.00 | $28.79 | $23.16 | $2.36 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.26B | $3.56B | $6.38B | $4.28B | $2.36B | $2.64B |
| Accounts Receivable | $3.10B | $2.67B | $2.95B | $3.59B | $3.85B | $2.30B |
| Inventory | $5.46B | $5.11B | $5.58B | $5.45B | $6.01B | $3.57B |
| Accounts Payable | $1.89B | $1.83B | $2.02B | $1.65B | $1.97B | $1.43B |
| Current Assets | $11.77B | $12.47B | $16.39B | $14.69B | $12.80B | $9.49B |
| Total Assets | $35.10B | $33.94B | $35.34B | $32.48B | $25.82B | $20.13B |
| Current Liabilities | $4.00B | $4.98B | $4.59B | $4.33B | $5.16B | $2.63B |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $12.98B | $12.52B | $13.22B | $12.91B | $11.22B | $8.89B |
| Stockholders' Equity | $20.94B | $20.29B | $20.94B | $18.41B | $14.02B | $10.79B |
| Retained Earnings | $31.50B | $30.27B | $28.76B | $24.75B | $17.67B | $11.34B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $3.23B | $3.98B | $7.11B | $10.07B | $6.23B | $2.70B |
| Investing Cash Flow | ($3.23B) | ($3.73B) | ($2.50B) | ($5.70B) | ($2.87B) | ($1.76B) |
| Financing Cash Flow | ($1.31B) | ($3.06B) | ($2.59B) | ($2.51B) | ($3.60B) | $285.85M |
| CapEx | $3.42B | $3.17B | $2.21B | $1.95B | $1.62B | $1.54B |
| Free Cash Flow | ($188.00M) | $806.00M | $4.90B | $8.12B | $4.61B | $1.15B |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 11.9% | 13.3% | 22.5% | 30.1% | 30.2% | 11.1% |
| Operating margin | 7.9% | 9.4% | 18.1% | 24.7% | 25.2% | 4.1% |
| EBITDA margin | 11.7% | 13.0% | 20.8% | 26.7% | 27.2% | 7.6% |
| Net margin | 5.4% | 6.6% | 13.0% | 18.3% | 18.7% | 3.6% |
| Free cash flow margin | -0.6% | 2.6% | 14.1% | 19.6% | 12.6% | 5.7% |
| FCF / Net income | -0.11 | 0.40 | 1.08 | 1.07 | 0.68 | 1.60 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 3.8% | 3.7% | 4.6% | 4.8% | 4.7% | 3.1% |
| Effective tax rate | 23.3% | 22.3% | 23.1% | 22.2% | 23.3% | -0.1% |
| Return on assets | 5.0% | 6.0% | 12.8% | 23.4% | 26.4% | 3.6% |
| Return on equity | 8.3% | 10.0% | 21.6% | 41.3% | 48.7% | 6.7% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 2.94 | 2.51 | 3.57 | 3.39 | 2.48 | 3.61 |
| Quick ratio | 1.57 | 1.48 | 2.35 | 2.13 | 1.32 | 2.25 |
| Cash ratio | 0.56 | 0.71 | 1.39 | 0.99 | 0.46 | 1.00 |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | 15.1x | 12.7x | 25.5x | 46.8x | 56.4x | 5.0x |
| Equity multiplier | 1.68 | 1.67 | 1.69 | 1.76 | 1.84 | 1.87 |
| Liabilities / Assets | 0.37 | 0.37 | 0.37 | 0.40 | 0.43 | 0.44 |
| Efficiency | ||||||
| Asset turnover | 0.93 | 0.91 | 0.98 | 1.28 | 1.41 | 1.00 |
| Inventory turnover | 5.24 | 5.22 | 4.82 | 5.32 | 4.24 | 5.02 |
| Days sales outstanding | 35d | 32d | 31d | 32d | 39d | 42d |
| Days inventory outstanding | 70d | 70d | 76d | 69d | 86d | 73d |
| Days payable outstanding | 24d | 25d | 27d | 21d | 28d | 29d |
| Cash conversion cycle | 80d | 77d | 79d | 79d | 96d | 85d |
| Valuation | ||||||
| P / E | 21.7x | 13.8x | 9.7x | 4.6x | 4.9x | 22.5x |
| P / B | 1.8x | 1.4x | 2.1x | 1.9x | 2.4x | 1.5x |
| P / S | 1.2x | 0.9x | 1.3x | 0.8x | 0.9x | 0.8x |
| EV / EBITDA | 9.3x | 6.1x | 5.2x | 2.7x | 3.1x | 8.8x |
| Growth | ||||||
| Revenue growth (YoY) | 5.7% | -11.5% | -16.4% | 13.8% | 81.2% | -0.6% |
| Revenue CAGR (3y) | -7.8% | -5.6% | 19.9% | 27.0% | 13.3% | -0.2% |
| Revenue CAGR (5y) | 10.0% | 8.7% | 6.7% | 15.4% | 17.6% | 4.1% |
| Gross profit growth (YoY) | -5.5% | -47.5% | -37.5% | 13.4% | 394.9% | 550.3% |
| Operating income growth (YoY) | -11.5% | -53.7% | -38.8% | 11.3% | 1001.2% | -53.1% |
| Net income growth (YoY) | -14.0% | -55.2% | -40.5% | 11.4% | 846.3% | -43.2% |
| EPS growth (YoY) | -11.1% | -53.0% | -37.5% | 24.3% | 881.4% | -43.0% |
| EPS CAGR (3y) | -36.1% | -28.5% | 96.8% | 90.9% | 46.1% | -16.8% |
| EPS CAGR (5y) | 26.1% | 15.4% | 19.4% | 47.7% | 56.3% | 16.3% |
| FCF growth (YoY) | - | -83.5% | -39.7% | 76.3% | 299.5% | -13.4% |
| FCF CAGR (5y) | - | -9.6% | 44.9% | 68.2% | 32.4% | -8.3% |
| Book value growth (YoY) | 3.2% | -3.1% | 13.7% | 31.4% | 29.9% | 4.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$32.49B totalSteel Mills$20.00B · 61.6%
Steel Products$10.33B · 31.8%
Raw Materials$2.16B · 6.7%
Product / service
$32.49B totalSheet$9.16B · 28.2%
Bar$5.72B · 17.6%
Other Steel Products$3.52B · 10.8%
Structural$2.63B · 8.1%
Plate$2.49B · 7.7%
Joist And Deck$2.22B · 6.8%
Raw Materials$2.16B · 6.7%
Rebar Fabrication$1.91B · 5.9%
Tubular Products$1.43B · 4.4%
Building Systems$1.25B · 3.8%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
2.75
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
6/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✗Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
Comparing NUCOR CORP against the 5 most active filers in the same SIC group.
Dividends
$2.22/share trailing 12 months · +1.8% YoY
| Ex-date | Per share |
|---|---|
| Mar 31, 2026 | $0.5600 |
| Dec 31, 2025 | $0.5600 |
| Sep 30, 2025 | $0.5500 |
| Jun 30, 2025 | $0.5500 |
| Mar 31, 2025 | $0.5500 |
| Dec 31, 2024 | $0.5500 |
| Sep 27, 2024 | $0.5400 |
| Jun 28, 2024 | $0.5400 |
| Mar 27, 2024 | $0.5400 |
| Dec 28, 2023 | $0.5400 |
| Sep 28, 2023 | $0.5100 |
| Jun 29, 2023 | $0.5100 |
| Mar 30, 2023 | $0.5100 |
| Dec 29, 2022 | $0.5100 |
| Sep 29, 2022 | $0.5000 |
| Jun 29, 2022 | $0.5000 |
| Mar 30, 2022 | $0.5000 |
| Dec 30, 2021 | $0.5000 |
| Sep 29, 2021 | $0.4050 |
| Jun 29, 2021 | $0.4050 |
| Mar 30, 2021 | $0.4050 |
| Dec 30, 2020 | $0.4050 |
| Sep 29, 2020 | $0.4030 |
| Jun 29, 2020 | $0.4030 |