Nucor Corporation's Stock Analysis

Nucor Reports Q2 2025 Earnings and Financial Performance Update

Nucor Corporation reported consolidated net earnings of $603 million, or $2.60 per diluted share, for the second quarter of 2025, a significant increase from $156 million, or $0.67 per diluted share, in the first quarter of 2025. The company's consolidated net sales rose 8% to $8.46 billion compared to $7.83 billion in the previous quarter, and total steel mill shipments remained steady, with an 8% increase year-over-year. The average sales price per ton in Q2 2025 increased by 8% from Q1 2025, although it was down 3% from Q2 2024. In the first six months of 2025, Nucor's earnings totaled $759 million, down from $1.49 billion in the same period of 2024, despite a comparable net sales figure of $16.29 billion to $16.21 billion in the previous year.

The company maintained a strong financial position with $2.48 billion in cash and equivalents at the end of Q2 2025 and an undrawn $2.25 billion revolving credit facility. Nucor also repurchased approximately 1.8 million shares during the quarter and declared a cash dividend of $0.55 per share, marking its 209th consecutive quarterly dividend. Operating rates at Nucor's steel mills increased to 85%, reflecting improved efficiency. However, the company anticipates that earnings in Q3 2025 may be nominally lower than in Q2 due to expected margin compression in the steel mills segment.

Jul 28, 2025 17:08:40

Nucor Reports Q1 2025 Earnings and Share Repurchase Update

Nucor Corporation reported net earnings attributable to stockholders of $156 million, or $0.67 per diluted share, for the first quarter of 2025. Adjusted net earnings, excluding one-time charges, were $179 million, or $0.77 per diluted share. The company experienced net sales of $7.83 billion, an 11% increase from the previous quarter but a 4% decrease compared to the first quarter of 2024. The first quarter included one-time charges of $29 million related to facility closures, impacting earnings per share by $0.10. Overall, steel mill shipments increased by 14% compared to the fourth quarter of 2024, reflecting solid demand for Nucor's products despite market volatility. 

Nucor ended the quarter with $4.06 billion in cash and cash equivalents and amended its revolving credit facility to increase borrowing capacity to $2.25 billion, which remains undrawn. The company repurchased approximately 2.3 million shares of common stock at an average price of $133.17 per share, with $806 million remaining in its share repurchase authorization. Additionally, Nucor's Board declared a cash dividend of $0.55 per share, payable on May 12, 2025, marking its 208th consecutive quarterly cash dividend.

Apr 28, 2025 17:00:40

Company Files Financial Statements and Exhibits with SEC

The company has submitted its financial statements and related exhibits as required by the Securities Exchange Act of 1934. This filing includes necessary signatures from authorized personnel, confirming the authenticity of the documents submitted to the SEC.

There are no specific financial metrics or performance indicators mentioned in the press release. The focus is primarily on compliance with regulatory requirements rather than on any financial results or changes.

Mar 17, 2025 16:57:10

Nucor Reports $1.22 EPS and $7.08 Billion in Sales

Nucor Corporation reported a diluted earnings per share (EPS) of $1.22 for the fourth quarter of 2024, an increase from $1.05 in the third quarter of 2024. The company also achieved net sales of $7.08 billion during the same quarter, although this reflects a decrease from $7.44 billion in the previous quarter. For the full year 2024, Nucor's EPS was $8.46, down from $18.00 in 2023, with total net sales of $30.73 billion, an 11% decline from $34.71 billion in 2023. The company reported a significant net earnings drop, from $4.53 billion in 2023 to $2.03 billion in 2024, highlighting challenges in the steel market and lower average selling prices.

Despite these challenges, Nucor maintained a strong cash position with $4.14 billion in cash and short-term investments, and it has not drawn on its $1.75 billion credit facility. The company also continues to uphold its commitment to returning capital to shareholders, declaring a cash dividend of $0.55 per share and repurchasing approximately 2.1 million shares in the fourth quarter. However, the outlook indicates potential earnings pressure in the first quarter of 2025 due to expected increases in corporate expenses and a decrease in earnings from the raw materials segment.

Jan 27, 2025 17:18:00

Nucor Reports Decreased Earnings in Third Quarter 2024

Nucor Corporation announced its third-quarter earnings for 2024, reporting consolidated net earnings of $249.9 million, significantly down from $645.2 million in the previous quarter and $1.14 billion a year ago. The decline was primarily driven by lower average selling prices and non-cash impairment charges totaling $123 million. Despite this, Nucor highlighted its strong cash flow from operations of over $1.30 billion and maintained a solid balance sheet, with $4.86 billion in cash and short-term investments, positioning the company well for future growth and shareholder returns.

On a positive note, Nucor has continued its commitment to returning capital to shareholders, repurchasing approximately 2.5 million shares in the third quarter and declaring a cash dividend of $0.54 per share, marking its 206th consecutive quarterly dividend. The company also emphasized its ongoing focus on safety and operational efficiency, which remains a key priority even amidst market challenges. Looking ahead, Nucor anticipates further earnings declines in the fourth quarter due to continued pressures on pricing and volumes in its steel segments.

Oct 21, 2024 17:24:04

Nucor Reports Decreased Earnings Amid Market Challenges

Nucor Corporation reported net earnings of $645.2 million for Q2 2024, down from $844.8 million in Q1 2024 and $1.46 billion in Q2 2023. Sales fell 15% year-over-year to $8.08 billion. Despite these declines, Nucor remains committed to long-term growth, returning over $1.7 billion to investors and maintaining strong cash reserves. The company faces challenges with lower average selling prices and shipment volumes, but continues to execute its growth strategy and uphold a solid credit rating.

Jul 22, 2024 17:13:03

Nucor Reports Strong Q1 2024 Results Amid Market Shifts

Nucor Corporation announces a net earnings increase, reaching $844.8 million in Q1 2024. Despite a 7% decrease in net sales compared to Q1 2023, the company showcases resilience. Nucor focuses on growth and sustainability, expanding into new markets. The company maintains strong financials with $5.54 billion in cash and undrawn credit. Nucor also emphasizes returning capital to stockholders through share repurchases and dividends. However, the outlook for Q2 2024 anticipates a decrease in earnings primarily due to lower average selling prices in the steel mills segment.

Apr 22, 2024 17:23:05

Nucor Reports Strong 2023 Results and Positive 2024 Outlook

Nucor reported diluted EPS of $3.16 for Q4 2023, with a strong finish to the year. Despite a decrease in net sales, the company remains optimistic for 2024, with plans for increased capital deployment, including acquisitions and share repurchases. The company also highlighted its strong balance sheet and commitment to returning capital to stockholders through dividends and share repurchases.

Jan 29, 2024 17:31:10

Nucor Reports $1.14 Billion Net Earnings for Q3 2023

Nucor Corporation reported net earnings of $1.14 billion, or $4.57 per diluted share, for the third quarter of 2023, bringing year-to-date diluted EPS to $14.83. The company returned $627 million to stockholders through share repurchases and dividends. Consolidated net sales decreased 8% to $8.78 billion in the third quarter of 2023 compared to the second quarter of 2023. Nucor's average sales price per ton decreased 3% in the third quarter of 2023. The company had $6.73 billion in cash and cash equivalents at the end of the third quarter of 2023 and continues to have a strong credit rating.

Oct 23, 2023 17:11:02