Nucor Corp (NUE) financial statements: income statement, balance sheet and cash flow
Nucor Corp's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Nucor Corp reported revenue of $32.5B (+5.7% year on year) and net income of $1.7B (-14.0% year on year).
Income statement
Nucor Corp income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net sales
$32.5B
$30.7B
$34.7B
$41.5B
Cost of products sold
$28.6B
$26.6B
$26.9B
$29.0B
Marketing, administrative and other expenses
$1.2B
$1.1B
$1.6B
$2.0B
Equity in earnings of unconsolidated affiliates
($35.0M)
($30.0M)
($12.8M)
($10.7M)
Losses and impairments of assets
$67.0M
$137.0M
—
$101.8M
Interest expense (income), net
$59.0M
($30.0M)
($29.6M)
$170.2M
Costs, expenses and other, total
$29.9B
$27.8B
$28.4B
$31.3B
Earnings before income taxes and noncontrolling interests
$2.6B
$2.9B
$6.3B
$10.2B
Provision for income taxes
$530.0M
$583.0M
$1.4B
$2.2B
Net earnings before noncontrolling interests
$2.0B
$2.3B
$4.9B
$8.1B
Earnings attributable to noncontrolling interests
$294.0M
$292.0M
$388.0M
$472.3M
Net earnings attributable to Nucor stockholders
$1.7B
$2.0B
$4.5B
$7.6B
Basic
$7.53
$8.47
$18.05
$28.88
Diluted
$7.52
$8.46
$18.00
$28.79
Nucor Corp income statement, quarters
Line item
Jul 4, 2026 · Q3
Apr 4, 2026 · Q2
Oct 4, 2025 · Q4
Jul 5, 2025 · Q3
Net sales
$10.4B
$9.5B
$8.5B
$8.5B
Cost of products sold
$8.4B
$8.0B
$7.3B
$7.2B
Marketing, administrative and other expenses
$405.0M
$378.0M
$300.0M
$304.0M
Equity in earnings of unconsolidated affiliates
($8.0M)
($7.0M)
($10.0M)
($10.0M)
Interest expense, net
$12.0M
$19.0M
$15.0M
$19.0M
Costs, expenses and other, total
$8.8B
$8.4B
$7.6B
$7.6B
Earnings before income taxes and noncontrolling interests
$1.6B
$1.1B
$883.0M
$899.0M
Provision for income taxes
$345.0M
$226.0M
$200.0M
$193.0M
Net earnings before noncontrolling interests
$1.3B
$870.0M
$683.0M
$706.0M
Earnings attributable to noncontrolling interests
$124.0M
$127.0M
$76.0M
$103.0M
Net earnings attributable to Nucor stockholders
$1.2B
$743.0M
$607.0M
$603.0M
Basic
$5.05
$3.23
$2.63
$2.60
Diluted
$5.04
$3.23
$2.63
$2.60
Basic
228.2M
228.9M
229.9M
230.6M
Diluted
228.5M
229.3M
230.2M
230.8M
Balance sheet
Nucor Corp balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$2.3B
$3.6B
$6.4B
$4.3B
Short-term investments
$439.0M
$581.0M
$747.5M
$576.9M
Accounts receivable, net
$3.1B
$2.7B
$3.0B
$3.6B
Inventories, net
$5.5B
$5.1B
$5.6B
$5.5B
Other current assets
$499.0M
$555.0M
$724.0M
$789.3M
Total current assets
$11.8B
$12.5B
$16.4B
$14.7B
Property, plant and equipment, net
$15.3B
$13.2B
$11.0B
$9.6B
Goodwill
$4.3B
$4.3B
$4.0B
$3.9B
Other intangible assets, net
$2.9B
$3.1B
$3.1B
$3.3B
Other assets
$856.0M
$800.0M
$824.5M
$847.9M
Total assets
$35.1B
$33.9B
$35.3B
$32.5B
Short-term debt
$122.0M
$225.0M
$119.2M
$49.1M
Current portion of long-term debt and finance lease obligations
$90.0M
$1.0B
$74.1M
$28.6M
Accounts payable
$1.9B
$1.8B
$2.0B
$1.6B
Salaries, wages and related accruals
$882.0M
$903.0M
$1.3B
$1.7B
Accrued expenses and other current liabilities
$1.0B
$975.0M
$1.1B
$948.3M
Total current liabilities
$4.0B
$5.0B
$4.6B
$4.3B
Long-term debt and finance lease obligations due after one year
$6.9B
$5.7B
$6.6B
$6.6B
Deferred credits and other liabilities
$2.1B
$1.9B
$2.0B
$2.0B
Total liabilities
$13.0B
$12.5B
$13.2B
$12.9B
Common stock (800.0 shares authorized; 380.2 and 380.2 shares issued, respectively)
152.0M
152.0M
152.1M
152.1M
Additional paid-in capital
$2.3B
$2.2B
$2.2B
$2.1B
Retained earnings
$31.5B
$30.3B
$28.8B
$24.8B
Accumulated other comprehensive loss, net of income taxes
($194.0M)
($208.0M)
($162.1M)
($137.5M)
Treasury stock (151.9 and 147.4 shares, respectively)
-12.8B
-12.1B
-10.0B
-8.5B
Total Nucor stockholders’ equity
$20.9B
$20.3B
$20.9B
$18.4B
Noncontrolling interests
$1.2B
$1.1B
$1.2B
$1.2B
Total equity
$22.1B
$21.4B
$22.1B
$19.6B
Total liabilities and equity
$35.1B
$33.9B
$35.3B
$32.5B
Nucor Corp balance sheet, quarters
Line item
Jul 4, 2026
Apr 4, 2026
Oct 4, 2025
Jul 5, 2025
Cash and cash equivalents
$2.5B
$2.2B
$2.2B
$1.9B
Short-term investments
$214.0M
$255.0M
$524.0M
$537.0M
Accounts receivable, net
$4.0B
$3.6B
$3.3B
$3.4B
Inventories, net
$6.0B
$5.6B
$5.4B
$5.5B
Other current assets
$399.0M
$396.0M
$382.0M
$386.0M
Total current assets
$13.2B
$12.1B
$11.8B
$11.7B
Property, plant and equipment, net
$15.9B
$15.6B
$14.8B
$14.3B
Goodwill
$4.3B
$4.3B
$4.3B
$4.3B
Other intangible assets, net
$2.8B
$2.8B
$2.9B
$3.0B
Other assets
$892.0M
$839.0M
$910.0M
$890.0M
Total assets
$37.0B
$35.6B
$34.8B
$34.2B
Short-term debt
$129.0M
$134.0M
$136.0M
$157.0M
Current portion of long-term debt and finance lease obligations
$581.0M
$113.0M
$31.0M
$32.0M
Accounts payable
$2.4B
$2.1B
$2.1B
$2.2B
Salaries, wages and related accruals
$1.0B
$701.0M
$899.0M
$745.0M
Accrued expenses and other current liabilities
$1.2B
$1.1B
$1.0B
$1.0B
Total current liabilities
$5.2B
$4.2B
$4.3B
$4.1B
Long-term debt and finance lease obligations due after one year
$6.4B
$6.9B
$6.7B
$6.7B
Deferred credits and other liabilities
$2.1B
$2.0B
$1.9B
$1.9B
Total liabilities
$13.7B
$13.1B
$12.8B
$12.7B
Common stock
$152.0M
$152.0M
$152.0M
$152.0M
Additional paid-in capital
$2.2B
$2.3B
$2.2B
$2.2B
Retained earnings
$33.1B
$32.1B
$31.3B
$30.8B
Accumulated other comprehensive loss, net of income taxes
($214.0M)
($206.0M)
($189.0M)
($167.0M)
Treasury stock
($13.2B)
($12.9B)
($12.7B)
($12.6B)
Total Nucor stockholders' equity
$22.1B
$21.5B
$20.8B
$20.4B
Noncontrolling interests
$1.2B
$1.1B
$1.2B
$1.1B
Total equity
$23.3B
$22.5B
$21.9B
$21.5B
Total liabilities and equity
$37.0B
$35.6B
$34.8B
$34.2B
Cash flow statement
Nucor Corp cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net earnings before noncontrolling interests
$2.0B
$2.3B
$4.9B
$8.1B
Depreciation
$1.2B
$1.1B
$930.6M
$826.7M
Amortization
$254.0M
$262.0M
$237.7M
$234.9M
Stock-based compensation
$133.0M
$132.0M
$130.2M
$136.8M
Deferred income taxes
$161.0M
($116.0M)
$21.4M
($46.8M)
Distributions from affiliates
$46.0M
$25.0M
$33.6M
$57.1M
Equity in earnings of unconsolidated affiliates
($35.0M)
($30.0M)
($12.8M)
($10.7M)
Losses and impairments of assets
$47.0M
$137.0M
—
$101.8M
Accounts receivable
($428.0M)
$319.0M
$663.8M
$501.2M
Inventories
($366.0M)
$518.0M
($75.0M)
$962.4M
Accounts payable
$80.0M
($321.0M)
$361.1M
($496.2M)
Federal income taxes
$124.0M
$97.0M
$188.3M
($337.4M)
Salaries, wages and related accruals
$2.0M
($385.0M)
($290.9M)
$155.0M
Other operating activities
($48.0M)
($72.0M)
$11.0M
($92.4M)
Cash provided by operating activities
$3.2B
$4.0B
$7.1B
$10.1B
Capital expenditures
($3.4B)
($3.2B)
($2.2B)
($1.9B)
Investment in and advances to affiliates
($1.0M)
—
($35.1M)
($258.0K)
Disposition of plant and equipment
$45.0M
$17.0M
$14.9M
$32.3M
Acquisitions (net of cash acquired)
($2.0M)
($758.0M)
($70.8M)
($3.6B)
Purchases of investments
($985.0M)
($1.3B)
($1.5B)
($913.9M)
Proceeds from the sale of investments
$1.1B
$1.5B
$1.3B
$590.2M
Other investing activities
($1.0M)
($12.0M)
($37.0M)
($9.6M)
Cash used in investing activities
($3.2B)
($3.7B)
($2.5B)
($5.7B)
Net change in short-term debt
($102.0M)
$105.0M
($24.9M)
($58.6M)
Proceeds from issuance of long-term debt, net of discount
$1.2B
—
—
$2.1B
Repayment of long-term debt
($1.0B)
($10.0M)
($10.0M)
($1.1B)
Bond issuance costs
($9.0M)
—
—
($13.1M)
Proceeds from exercise of stock options
$5.0M
$4.0M
$11.7M
$22.9M
Payment of tax withholdings on certain stock-based compensation
($32.0M)
($53.0M)
($49.3M)
($64.1M)
Distributions to noncontrolling interests
($249.0M)
($352.0M)
($435.0M)
($332.3M)
Cash dividends
($512.0M)
($522.0M)
($514.5M)
($533.6M)
Acquisition of treasury stock
($700.0M)
($2.2B)
($1.6B)
($2.8B)
Proceeds from government incentives
$77.0M
—
—
$275.0M
Other financing activities
$5.0M
($13.0M)
($16.8M)
($25.3M)
Cash used in financing activities
($1.3B)
($3.1B)
($2.6B)
($2.5B)
Effect of exchange rate changes on cash
$9.0M
($16.0M)
$2.9M
($5.9M)
(Decrease) increase in cash and cash equivalents and restricted cash and cash equivalents
($1.3B)
($2.8B)
$2.0B
$1.9B
Cash and cash equivalents and restricted cash and cash equivalents - beginning of year
$3.6B
$6.4B
$4.4B
$2.5B
Cash and cash equivalents and restricted cash and cash equivalents - end of year
$2.3B
$3.6B
$6.4B
$4.4B
Change in accrued plant and equipment purchases
($26.0M)
$115.0M
$1.1M
$4.6M
Nucor Corp cash flow statement, quarters
Line item
Jul 4, 2026 · YTD
Apr 4, 2026 · Q2
Oct 4, 2025 · YTD
Jul 5, 2025 · YTD
Net earnings before noncontrolling interests
$2.1B
$870.0M
$1.6B
$932.0M
Depreciation
$641.0M
$321.0M
$910.0M
$606.0M
Amortization
$126.0M
$63.0M
$191.0M
$128.0M
Impairment of assets
$15.0M
$15.0M
$20.0M
$20.0M
Stock-based compensation
$91.0M
$30.0M
$102.0M
$78.0M
Deferred income taxes
($61.0M)
($34.0M)
$2.0M
($17.0M)
Distributions from affiliates
$7.0M
$6.0M
$6.0M
$6.0M
Equity in earnings of unconsolidated affiliates
($15.0M)
($7.0M)
($24.0M)
($14.0M)
Accounts receivable
($952.0M)
($463.0M)
($614.0M)
($706.0M)
Inventories
($560.0M)
($183.0M)
($295.0M)
($352.0M)
Accounts payable
$454.0M
$226.0M
$296.0M
$375.0M
Federal income taxes
$110.0M
$78.0M
$177.0M
$135.0M
Salaries, wages and related accruals
$130.0M
($168.0M)
$20.0M
($135.0M)
Other operating activities
$150.0M
$132.0M
$29.0M
$40.0M
Cash provided by operating activities
$2.3B
$886.0M
$2.4B
$1.1B
Capital expenditures
($1.2B)
($661.0M)
($2.6B)
($1.8B)
Investment in and advances to affiliates
($2.0M)
($2.0M)
($1.0M)
($1.0M)
Disposition of plant and equipment
$21.0M
$14.0M
$42.0M
$39.0M
Divestiture of affiliate
$3.0M
—
—
—
Purchases of investments
($157.0M)
($141.0M)
($872.0M)
($666.0M)
Proceeds from the sale of investments
$382.0M
$326.0M
$938.0M
$717.0M
Other investing activities
$29.0M
$18.0M
$4.0M
$2.0M
Cash used in investing activities
($956.0M)
($446.0M)
($2.5B)
($1.7B)
Net change in short-term debt
$6.0M
$12.0M
($89.0M)
($68.0M)
Repayment of long-term debt
($37.0M)
($4.0M)
($1.0B)
($1.0B)
Proceeds from issuance of long-term debt, net of discount
$15.0M
—
$997.0M
$997.0M
Proceeds from exercise of stock options
$14.0M
$4.0M
$1.0M
—
Payment of tax withholdings on certain stock-based compensation