Nucor Earnings Reports

Nucor's Q4 2024 earnings were $1.22 per diluted share, with net sales of $7.08 billion. The company's performance softened due to decreased average selling prices and volumes in the steel mills and steel products segments, though the raw materials segment showed increased earnings. Despite softened steel demand throughout 2024, Nucor anticipates market conditions to improve in 2025.

Nucor reported consolidated net earnings attributable to Nucor stockholders of $249.9 million, or $1.05 per diluted share, for Q3 2024. Adjusted net earnings were $353.0 million, or $1.49 per diluted share. Net sales were $7.44 billion.

Nucor reported net earnings attributable to Nucor stockholders of $645.2 million, or $2.68 per diluted share, for the second quarter of 2024. Net sales were $8.08 billion. The company's strategy to grow its core steelmaking operations and expand into steel-adjacent downstream markets positions the company to create attractive shareholder value and improve the company’s through-cycle earnings profile.

Nucor reported net earnings attributable to Nucor stockholders of $844.8 million, or $3.46 per diluted share, for Q1 2024. Net sales reached $8.14 billion. The company saw strong performance despite steel market conditions normalizing from post-pandemic highs, and advanced growth, sustainability, and commercial strategies.

Nucor Corporation reported consolidated net earnings of $785.4 million, or $3.16 per diluted share, for the fourth quarter of 2023. The results were lower compared to the previous quarter and the same quarter of the previous year due to decreased pricing and volumes across all operating segments.

Nucor Corporation announced consolidated net earnings attributable to Nucor stockholders of $1.14 billion, or $4.57 per diluted share, for the third quarter of 2023. Net sales decreased by 16% compared to the third quarter of 2022.

Nucor Corporation reported consolidated net earnings attributable to Nucor stockholders of $1.46 billion, or $5.81 per diluted share, for the second quarter of 2023. Net sales increased 9% to $9.52 billion compared to the first quarter.

Nucor reported net earnings attributable to Nucor stockholders of $1.14 billion, or $4.45 per diluted share, for the first quarter of 2023. Net sales were $8.71 billion. The company expects earnings to increase in the second quarter of 2023 due to stronger steel mills segment earnings.

Nucor Corporation reported consolidated net earnings of $1.26 billion, or $4.89 per diluted share, for the fourth quarter of 2022. While this was a decrease compared to the previous quarter and the fourth quarter of 2021, the company achieved record consolidated net earnings of $7.61 billion, or $28.79 per diluted share, for the full year 2022.

Nucor reported net earnings of $1.69 billion, or $6.50 per diluted share, for the third quarter of 2022, a decrease compared to the second quarter of 2022 and the third quarter of 2021. The decrease in earnings was primarily driven by the steel mills segment due to metal margin contraction and reduced shipping volumes.

Nucor Corporation reported record quarterly consolidated net earnings of $2.56 billion, or $9.67 per diluted share, for the second quarter of 2022. The results were driven by increased profitability in the steel products segment and strengthened earnings in the steel mills segment. The raw materials segment also generated increased profits due to higher selling prices.

Nucor Corporation reported consolidated net earnings of $2.10 billion, or $7.67 per diluted share, for the first quarter of 2022, marking the most profitable first quarter in the Company’s history. The company's key forward looking indicators for 2022 remain favorable and it expects another strong year in both earnings and cash generation.

Nucor Corporation announced record consolidated net earnings of $2.25 billion, or $7.97 per diluted share, for Q4 2021, and $6.83 billion, or $23.16 per diluted share, for the full year. The company's financial performance was attributed to strategic positioning and growth across the steel value chain.

Nucor Corporation reported record quarterly consolidated net earnings of $2.13 billion, or $7.28 per diluted share, for the third quarter of 2021, surpassing the previous record of $5.04 set in the second quarter of this year. Net sales increased 17% to $10.31 billion compared to the second quarter of 2021 and 109% compared to the third quarter of 2020.

Nucor Corporation announced record quarterly consolidated net earnings of $1.51 billion, or $5.04 per diluted share, for the second quarter of 2021. Net sales increased 25% to $8.79 billion compared to the previous quarter and 103% compared to the second quarter of 2020.

Nucor Corporation reported record quarterly consolidated net earnings of $942.4 million, or $3.10 per diluted share, for the first quarter of 2021. The company's net sales increased 33% to $7.02 billion compared to the previous quarter and 25% compared to the first quarter of 2020.

Nucor Corporation reported consolidated net earnings of $398.8 million, or $1.30 per diluted share, for the fourth quarter of 2020, compared to $107.8 million, or $0.35 per diluted share, for the fourth quarter of 2019. Consolidated net sales increased 3% to $5.26 billion compared with $5.13 billion in the fourth quarter of 2019.

Nucor Corporation reported consolidated net earnings of $193.4 million, or $0.63 per diluted share, for the third quarter of 2020. The results reflect continued strength in nonresidential construction and improved performance compared to the second quarter of 2020.

Nucor Corporation reported consolidated net earnings of $108.9 million, or $0.36 per diluted share, for the second quarter of 2020. While this represents a decrease compared to the second quarter of 2019, it is an increase compared to the first quarter of 2020.

Nucor's Q1 2020 earnings were significantly impacted by losses on assets of $287.8 million related to their equity method investment in Duferdofin Nucor S.r.l. Consolidated net earnings were $20.3 million, or $0.07 per diluted share, compared to $501.8 million, or $1.63 per diluted share, for Q1 2019. Net sales decreased by 8% to $5.62 billion compared to $6.10 billion in Q1 2019.

Nucor Corporation reported consolidated net earnings of $107.8 million, or $0.35 per diluted share, for the fourth quarter of 2019. This includes non-cash impairment charges of $66.9 million, or $0.17 per diluted share. The company's performance was influenced by stronger than expected steel mill segment performance in December and improved general business conditions. Nucor's consolidated net sales decreased 6% to $5.13 billion in the fourth quarter of 2019 compared with $5.46 billion in the third quarter of 2019 and decreased 18% compared with $6.30 billion in the fourth quarter of 2018.