NUCOR CORP

NUE 10-K · Q4 2025

NUE Q4 2025 request

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Income Statement

Income Statement
Metric Q4 2025 Q4 2024 YoY
Revenue 7,687 7,076 +8.6%
Show Product Lines breakouts
Bar [Member] 1,377 1,230 +12.0%
Building Systems [Member] 303 331 -8.5%
Joist and Deck [Member] 535 514 +4.1%
Other Steel Products [Member] 836 823 +1.6%
Plate [Member] 595 501 +18.8%
Raw Materials [Member] 522 459 +13.7%
Sheet [Member] 2,083 1,945 +7.1%
Structural [Member] 636 571 +11.4%
Tubular Products [Member] 352 287 +22.6%
Show Business Segments breakouts
Raw Materials [Member] · Intersegment Elimination 2,366 2,268 +4.3%
Raw Materials [Member] · Operating Segments 522 459 +13.7%
Steel Mills [Member] · Intersegment Elimination 1,217 903 +34.8%
Steel Mills [Member] · Operating Segments 4,691 4,248 +10.4%
Steel Products [Member] · Intersegment Elimination 163 136 +19.9%
Steel Products [Member] · Operating Segments 2,474 2,369 +4.4%
Show — breakouts
Revenue 448 415 +8.0%
Show Consolidation Items breakouts
Consolidation Eliminations -3,746 -3,307 -13.3%
Intersegment Elimination 3,746 3,307 +13.3%
Operating Segments 7,687 7,076 +8.6%
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax -23 5 -560.0%
Cost of Revenue 6,825 6,449 +5.8%
Show Business Segments breakouts
Raw Materials [Member] · Operating Segments 2,870 2,654 +8.1%
Steel Mills [Member] · Operating Segments 5,334 4,979 +7.1%
Steel Products [Member] · Operating Segments 2,293 2,043 +12.2%
Show Consolidation Items breakouts
Operating Segments 10,497 9,676 +8.5%
Selling, General & Administrative 334 240 +39.2%
Income Loss From Equity Method Investments -11 -6 -83.3%
Losses And Impairments Of Assets 27 0
Interest Revenue Expense Net 11 3 +266.7%
Costs And Expenses Operating And Nonoperating 7,186 6,686 +7.5%
Income Before Taxes 501 390 +28.5%
Show Consolidation Items breakouts
Consolidation Eliminations -269 -165 -63.0%
Income Tax Expense (Benefit) 78 45 +73.3%
Net Income 423 345 +22.6%
Show Equity Components breakouts
Noncontrolling Interest 45 58 -22.4%
Parent 378 287 +31.7%
Retained Earnings 378 287 +31.7%
Net Income Loss Attributable To Noncontrolling Interest 45 58 -22.4%
Net Income 378 287 +31.7%
EPS (Basic) 1.64 1.24 +32.3%
EPS (Diluted) 1.64 1.24 +32.3%
Interest Income -21 -49 +57.1%
Comprehensive Income 373 247 +51.0%
Wtd Avg Shares (Basic) -0.4 -1.4 +71.4%
Wtd Avg Shares (Diluted) -0.4 -1.3 +69.2%
Interest Expense 32 52 -38.5%
Net Income Loss Available To Common Stockholders Basic 376 286 +31.5%

Balance Sheet

Balance Sheet
Metric Q4 2025 Q4 2024 YoY
Current Assets
Cash & Cash Equivalents 2,260 3,558 -36.5%
Short-Term Investments 439 581 -24.4%
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Fair Value Measurements Recurring 439 581 -24.4%
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 439 581 -24.4%
Accounts Receivable 3,105 2,675 +16.1%
Inventory 5,462 5,106 +7.0%
Other Assets Current 499 555 -10.1%
Total Current Assets 11,765 12,475 -5.7%
Non-Current Assets
Property, Plant & Equipment 15,306 13,243 +15.6%
Show Business Segments breakouts
Steel Mills [Member] · NJSM [Member] 220
Goodwill 4,297 4,288 +0.2%
Show Business Segments breakouts
Raw Materials [Member] 797 797 0.0%
Steel Mills [Member] 675 675 0.0%
Steel Products [Member] 2,825 2,816 +0.3%
Intangible Assets 2,880 3,134 -8.1%
Other Non-Current Assets 856 800 +7.0%
Total Assets 35,104 33,940 +3.4%
Show Business Segments breakouts
Raw Materials [Member] · Operating Segments 4,013 3,656 +9.8%
Steel Mills [Member] · Operating Segments 18,354 16,582 +10.7%
Steel Products [Member] · Operating Segments 11,770 11,235 +4.8%
Show Consolidation Items breakouts
Corporate Non Segment 967 2,467 -60.8%
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 2,137 3,505 -39.0%
Operating Lease Right-of-Use Assets 118 107 +10.3%
Current Liabilities
Short Term Borrowings 122 225 -45.8%
Show Legal Entity breakouts
Nucor Trading S.A. [Member] 33 45 -26.7%
Nucor-JFE Steel Mexico [Member] 89 180 -50.6%
Long Term Debt And Capital Lease Obligations Current 90 1,042 -91.4%
Accounts Payable 1,890 1,832 +3.2%
Employee Related Liabilities Current 882 903 -2.3%
Accrued Liabilities 1,020 975 +4.6%
Total Current Liabilities 4,004 4,977 -19.5%
Deferred Revenue (Current) 243 200 +21.5%
Current Portion of Long-Term Debt 66 1,025 -93.6%
Non-Current Liabilities
Deferred Tax And Other Liabilities Noncurrent 2,067 1,863 +11.0%
Total Liabilities 12,980 12,523 +3.6%
Operating Lease Liabilities 102 93 +9.7%
Other Liabilities
Long Term Debt And Capital Lease Obligations 6,909 5,683 +21.6%
Stockholders' Equity
Common Stock 152 152 0.0%
Additional Paid In Capital Common Stock 2,253 2,223 +1.3%
Retained Earnings 31,504 30,271 +4.1%
Accumulated Other Comprehensive Income -194 -208 +6.7%
Treasury Stock Common Value -12,779 -12,144 -5.2%
Total Stockholders' Equity 20,936 20,294 +3.2%
Minority Interest 1,188 1,123 +5.8%
Stockholders Equity Including Portion Attributable To Noncontrolling Interest 22,124 21,417 +3.3%
Show Equity Components breakouts
Accumulated Other Comprehensive Income -194 -208 +6.7%
Additional Paid In Capital 2,253 2,223 +1.3%
Common Stock 152 152 0.0%
Noncontrolling Interest 1,188 1,123 +5.8%
Parent 20,936 20,294 +3.2%
Retained Earnings 31,504 30,271 +4.1%
Treasury Stock Common -12,779 -12,144 -5.2%
Total Liabilities & Equity 35,104 33,940 +3.4%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q4 2025 YTD Q4 2024 YoY
Operating Activities
Depreciation 316 285 +10.9%
Show Business Segments breakouts
Raw Materials [Member] · Operating Segments 53 50 +6.0%
Steel Mills [Member] · Operating Segments 206 190 +8.4%
Steel Products [Member] · Operating Segments 50 40 +25.0%
Show Consolidation Items breakouts
Corporate Non Segment 7 5 +40.0%
Adjustment For Amortization 63 73 -13.7%
Show Business Segments breakouts
Raw Materials [Member] · Operating Segments 7 7 0.0%
Steel Mills [Member] · Operating Segments 2 2 0.0%
Steel Products [Member] · Operating Segments 54 64 -15.6%
Stock-Based Compensation 31 18 +72.2%
Deferred Income Taxes 159 -24 +762.5%
Distributions From Affiliates 40 17 +135.3%
Change in Accounts Receivable 186 272 -31.6%
Change in Inventory -71 22 -422.7%
Change in Accounts Payable -216 -114 -89.5%
Increase Decrease In Accrued Income Taxes Payable -53 80 -166.2%
Increase Decrease In Employee Related Liabilities -18 -71 +74.6%
Increase Decrease In Other Operating Capital Net -77 -164 +53.0%
Net Cash from Operations 799 733 +9.0%
Investing Activities
Capital Expenditures -802 -879 +8.8%
Proceeds From Sale Of Property Plant And Equipment 3 5 -40.0%
Payments To Acquire Investments -113 -259 +56.4%
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities 202 277 -27.1%
Other Investing Activities -5 -22 +77.3%
Net Cash from Investing -717 -964 +25.6%
Change In Accrued Plant And Equipment Purchases -26 115 -122.6%
Financing Activities
Proceeds From Repayments Of Short Term Debt -13 10 -230.0%
Repayments Of Long Term Debt -3 -5 +40.0%
Proceeds From Stock Options Exercised 4 1 +300.0%
Tax Withholding for Share Compensation 0 -3 +100.0%
Payments Of Dividends Minority Interest -18 -19 +5.3%
Payments Of Dividends Common Stock -127 -128 +0.8%
Share Repurchases -100 -316 +68.4%
Proceeds From Payments For Other Financing Activities -9 -1 -800.0%
Net Cash from Financing -46 -461 +90.0%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations 3 -13 +123.1%
Net Change in Cash 39 -705 +105.5%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations 2,260 3,558 -36.5%

Values in millions USD. Source: SEC EDGAR 10-K filing.

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