Earnings summaries and quarterly performance for NUCOR.
Executive leadership at NUCOR.
Leon J. Topalian
Chair, President and Chief Executive Officer
Allen C. Behr
Executive Vice President - Raw Materials
Daniel R. Needham
Executive Vice President - Commercial
K. Rex Query
Executive Vice President - Strategy
Stephen D. Laxton
Chief Financial Officer and Executive Vice President
Board of directors at NUCOR.
Research analysts who have asked questions during NUCOR earnings calls.
Katja Jancic
BMO Capital Markets
7 questions for NUE
Lawson Winder
Bank of America
7 questions for NUE
Tristan Gresser
BNP Paribas
7 questions for NUE
Alex Hacking
Citigroup
6 questions for NUE
Carlos de Alba
Morgan Stanley
6 questions for NUE
Timna Tanners
Wolfe Research
5 questions for NUE
Bill Peterson
JPMorgan Chase & Co.
4 questions for NUE
Michael Harris
Goldman Sachs
3 questions for NUE
Philip Gibbs
KeyBanc Capital Markets
3 questions for NUE
William Peterson
JPMorgan Chase & Co.
3 questions for NUE
Martin Englert
S&P Global Commodity Insights
2 questions for NUE
Andrew Jones
UBS
1 question for NUE
Chris LaFemina
Jefferies Financial Group
1 question for NUE
Christopher LaFemina
Jefferies
1 question for NUE
Mike Harris
Goldman Sachs
1 question for NUE
Recent press releases and 8-K filings for NUE.
- Net earnings for Q4 2025 of $378 million (diluted $1.64) and adjusted net earnings of $400 million (diluted $1.73); net sales of $7.69 billion, EBITDA of $918 million
- Cash and short-term investments of $2.70 billion and an undrawn $2.25 billion revolving credit facility; maintained credit ratings of A-/A-/A3
- Returned capital via $227 million of share repurchases (0.7 million shares at $145.23) and declared a $0.56 per-share dividend (211th consecutive quarter)
- Forecasting higher earnings in Q1 2026 across all segments, led by increased volumes and pricing in the steel mills segment
- Delivered Q4 EBITDA of $918 million and adjusted EPS of $1.73, with full-year EBITDA of $4.2 billion and adjusted EPS of $7.71.
- Invested $802 million in capital expenditures in Q4 (FY 2025: $3.4 billion) and returned $227 million to shareholders in the quarter, including $127 million in dividends and $100 million in share repurchases.
- Exited 2025 with net debt of $4.42 billion (1.1× LTM EBITDA) and maintained top-tier credit ratings (A–/A3) to support financial flexibility.
- Forecasts higher volumes and realized pricing to drive earnings growth in Q1 2026, underpinned by recently completed growth projects and trade enforcement benefits.
- Nucor posted $378 million in net earnings (or $1.64 diluted EPS), $400 million in adjusted net earnings (or $1.73 adjusted EPS), $7.69 billion in net sales and $918 million of EBITDA for Q4 2025.
- At year-end, the company held $2.70 billion in cash and short-term investments with a $2.25 billion undrawn revolver; repurchased 0.7 million shares at an average of $145.23 and declared a $0.56 per-share dividend.
- Several major growth projects came online in 2025, including a rebar micro-mill in North Carolina and a melt shop in Arizona, which are beginning to contribute to earnings.
- Nucor expects Q1 2026 earnings to increase across all segments, led by the steel mills segment on higher volumes and realized prices.
- Nucor expects Q4 2025 diluted EPS of $1.65–$1.75, versus $2.63 in Q3 2025 and $1.22 in Q4 2024.
- All three operating segments forecast lower Q4 earnings due to seasonal effects, fewer shipping days, lower volumes, margin compression and scheduled outages.
- Year-to-date, Nucor repurchased 5.4 million shares at an average of $128.66, including 0.7 million shares at $145.23 in Q4; returned $1.2 billion via buybacks and dividends.
- For 2026, the company cites materially higher backlogs in select construction markets and optimism on policy-driven improvements.
- Nucor CFO Steve Laxton will become President and Chief Operating Officer effective January 1, 2026
- Longtime COO David A. Sumoski to retire June 13, 2026 after more than 30 years with the company
- Nucor will conduct a search for a new CFO, with Laxton remaining in the role until his successor is appointed
- Nucor generated EBITDA of $1.3 billion and EPS of $2.63 for Q3 2025, with net earnings of $607 million ($2.63 per share) and year-to-date adjusted net earnings of $1.4 billion ($5.98 per share).
- The company invested $807 million in capital expenditures during the quarter (YTD $2.6 billion, full-year guidance $3.3 billion), and returned $230 million to shareholders through dividends and share repurchases (nearly $1 billion YTD, 72% of net earnings).
- Nucor maintained a 24% debt-to-capital ratio with $2.7 billion of cash, generated $1.3 billion of operating cash flow, and received a Moody’s credit rating upgrade to A3, achieving a trio of A-/A3 ratings among major North American steel producers.
- Key growth projects advanced: two bar mills commissioned; pole production and galvanizing started at the Alabama facility; Kingman (AZ) and Lexington (NC) mills are ramping toward EBITDA-positive in Q1 2026; and the West Virginia sheet mill is two-thirds complete, on schedule for end-2026 ramp-up.
- EBITDA of $1.265 B, net earnings of $607 M and EPS of $2.63 in Q3 2025
- $807 M capex deployed in Q3 and FY capex guidance raised to ~$3.3 B; returned $227 M to shareholders in Q3, representing 72% of YTD net earnings
- External shipments remained stable at ~6.8 M tons Q/Q, with record rebar volumes and mill backlogs of ~3.5 M tons (+30% Y/Y)
- 24% total debt/cap and $3.6 B liquidity, with net debt/EBITDA of 1.0x and a Moody’s upgrade to A3 in September 2025
- Q4 earnings are expected to be lower versus Q3 due to softer pricing and fewer shipping days across segments
- Nucor generated EBITDA of $1.3 billion and reported net earnings of $607 million ($2.63 EPS), exceeding guidance driven by strong mill shipments and favorable corporate adjustments.
- The steel mill segment posted $793 million in pre-tax earnings (–6% QoQ), with record rebar shipments, sheet backlog up 13% YoY, and bar backlog up 35% YoY.
- Q3 capital expenditures were $807 million, lifting expected FY 2025 CapEx to $3.3 billion, while Nucor returned 72% of YTD net earnings (≈$1 billion) to shareholders via dividends and buybacks.
- For Q4, Nucor anticipates lower volumes due to seasonal effects, five fewer shipping days, and DRI outages, with softer mill pricing offset by stable product pricing; 2026 demand outlook is stable.
- Nucor posted $607 million in net earnings attributable to stockholders, or $2.63 per diluted share, on $8.52 billion of net sales in Q3 2025; EBITDA was $1.27 billion.
- The company held $2.75 billion in cash and short-term investments with an undrawn $2.25 billion revolver and maintains top steel-sector credit ratings of A-/A-/A3.
- In Q3 2025, Nucor repurchased 0.7 million shares at an average of $140.46, returning nearly $1 billion to shareholders year-to-date (over 70% of net earnings).
- For Q4 2025, Nucor expects earnings to be lower than Q3 due to lower volumes, reduced average selling prices, and planned outages in its raw materials segment.
- Net earnings of $607 million, or $2.63 per diluted share, on net sales of $8.52 billion in Q3 2025.
- Began ramping up production at two new bar mill projects, advanced sheet steel production and coating initiatives, and commenced pole production at the Alabama Towers & Structures facility.
- Returned capital through repurchasing 0.7 million shares at an average price of $140.46 and declaring a $0.55 per share quarterly dividend, marking the 210th consecutive payment.
- Issued guidance that Q4 2025 earnings are expected to be lower than Q3 due to reduced volumes and average selling prices across key segments.
Quarterly earnings call transcripts for NUCOR.
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