NUE financial statements

The full income statement, balance sheet, and cash-flow statement for Nucor Corporation (NUE), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	32.5B YoY+5.7%	30.7B YoY-11.5%	34.7B YoY-16.4%	41.5B YoY+13.8%	36.5B YoY+81.2%
Cost of revenue	28.6B YoY+7.4%	26.6B YoY-1.0%	26.9B YoY-7.3%	29.0B YoY+13.9%	25.5B YoY+42.1%
Selling, general & administrative	1.22B YoY+8.5%	1.12B YoY-29.1%	1.58B YoY-20.6%	2.00B YoY+17.0%	1.71B YoY+177.5%
Amortization of intangibles	254M YoY-3.1%	262M YoY+10.1%	238M YoY+1.3%	235M YoY+81.9%	129M YoY+54.9%
Interest expense	170M YoY-25.4%	228M YoY-7.3%	246M YoY+12.3%	219M YoY+34.3%	163M YoY-2.1%
Interest & investment income	111M YoY-57.0%	258M YoY-6.5%	276M YoY+463.3%	49.0M YoY+1048.3%	4.27M YoY-68.2%
Equity-method income	35.0M YoY+16.7%	30.0M YoY+130.8%	13.0M YoY+18.2%	11.0M YoY-89.3%	103M YoY+1078.5%
Pre-tax income	2.57B YoY-11.5%	2.90B YoY-53.7%	6.27B YoY-38.8%	10.2B YoY+11.3%	9.20B YoY+1001.2%
Income tax	530M YoY-9.1%	583M YoY-57.1%	1.36B YoY-37.2%	2.17B YoY+4.2%	2.08B YoY+424281.2%
	1.74B YoY-14.0%	2.03B YoY-55.2%	4.53B YoY-40.5%	7.61B YoY+11.4%	6.83B YoY+846.3%
Net income to non-controlling interest	294M YoY+0.7%	292M YoY-24.7%	388M YoY-17.8%	472M YoY+60.0%	295M YoY+157.4%
Net income to common	1.74B YoY-13.9%	2.02B YoY-55.2%	4.51B YoY-40.5%	7.58B YoY+11.5%	6.80B YoY+847.6%
	$7.52 YoY-11.1%	$8.46 YoY-53.0%	$18.00 YoY-37.5%	$28.79 YoY+24.3%	$23.16 YoY+881.4%
EPS (basic)	$7.53 YoY-11.1%	$8.47 YoY-53.1%	$18.05 YoY-37.5%	$28.88 YoY+24.3%	$23.23 YoY+880.2%
	231M YoY-3.2%	238M YoY-4.6%	250M YoY-4.8%	262M YoY-10.3%	292M YoY-3.5%
	231M YoY-3.1%	239M YoY-4.8%	250M YoY-4.9%	263M YoY-10.3%	293M YoY-3.3%
Dividends per share	$2.21 YoY+1.8%	$2.17 YoY+4.8%	$2.07 YoY+3.0%	$2.01 YoY+17.2%	$1.72 YoY+6.4%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	11.8B YoY-5.7%	12.5B YoY-23.9%	16.4B YoY+11.5%	14.7B YoY+14.8%	12.8B YoY+34.9%
Cash & equivalents	2.26B YoY-36.5%	3.56B YoY-44.3%	6.38B YoY+49.1%	4.28B YoY+81.0%	2.36B YoY-10.4%
Short-term investments	439M YoY-24.4%	581M YoY-22.2%	747M YoY+29.5%	577M YoY+128.0%	253M YoY-38.0%
Accounts receivable	3.10B YoY+16.1%	2.67B YoY-9.4%	2.95B YoY-17.8%	3.59B YoY-6.8%	3.85B YoY+67.6%
Inventory	5.46B YoY+7.0%	5.11B YoY-8.5%	5.58B YoY+2.3%	5.45B YoY-9.3%	6.01B YoY+68.4%
Other current assets	499M YoY-10.1%	555M YoY-23.4%	725M YoY-8.1%	789M YoY+149.4%	317M YoY-44.8%
	35.1B YoY+3.4%	33.9B YoY-4.0%	35.3B YoY+8.8%	32.5B YoY+25.8%	25.8B YoY+28.3%
Property, plant & equipment	15.3B YoY+15.6%	13.2B YoY+19.8%	11.1B YoY+14.9%	9.62B YoY+18.5%	8.11B YoY+17.6%
Operating lease right-of-use	118M YoY+10.3%	107M YoY+3.9%	103M YoY+1.5%	101M YoY+9.9%	92.3M YoY-1.7%
Goodwill	4.30B YoY+0.2%	4.29B YoY+8.0%	3.97B YoY+1.3%	3.92B YoY+38.6%	2.83B YoY+26.8%
Intangible assets	2.88B YoY-8.1%	3.13B YoY+0.8%	3.11B YoY-6.4%	3.32B YoY+201.0%	1.10B YoY+65.2%
Other non-current assets	856M YoY+7.0%	800M YoY-2.8%	823M YoY-2.9%	848M YoY+1.7%	834M YoY+15.1%
	4.00B YoY-19.5%	4.98B YoY+8.3%	4.59B YoY+6.1%	4.33B YoY-16.0%	5.16B YoY+96.3%
Accounts payable	1.89B YoY+3.2%	1.83B YoY-9.3%	2.02B YoY+22.5%	1.65B YoY-16.4%	1.97B YoY+37.8%
Accrued liabilities	1.02B YoY+4.6%	975M YoY-7.7%	1.06B YoY+11.4%	948M YoY-1.7%	965M YoY+45.3%
Deferred revenue	243M YoY+21.5%	200M YoY-36.3%	314M YoY+10.2%	285M YoY+13.1%	252M YoY+109.6%
Short-term & current debt	66.0M YoY-93.6%	1.02B YoY+1608.3%	60.0M YoY+500.0%	10.0M YoY-98.3%	601M YoY+937.9%
Current lease liability	26.0M YoY+8.3%	24.0M YoY-4.0%	25.0M YoY+5.8%	23.6M YoY+14.7%	20.6M YoY+3.1%
	13.0B YoY+3.6%	12.5B YoY-5.3%	13.2B YoY+2.4%	12.9B YoY+15.1%	11.2B YoY+26.2%
Non-current lease liability	102M YoY+9.7%	93.0M YoY+13.4%	82.0M YoY+0.7%	81.5M YoY+9.8%	74.2M YoY-2.1%
	20.9B YoY+3.2%	20.3B YoY-3.1%	20.9B YoY+13.7%	18.4B YoY+31.4%	14.0B YoY+29.9%
Common stock	152M YoY+0.0%	152M YoY+0.0%	152M YoY-0.0%	152M YoY+0.0%	152M YoY+0.0%
Additional paid-in capital	2.25B YoY+1.3%	2.22B YoY+2.2%	2.18B YoY+1.5%	2.14B YoY+0.1%	2.14B YoY+0.9%
Retained earnings	31.5B YoY+4.1%	30.3B YoY+5.2%	28.8B YoY+16.2%	24.8B YoY+40.1%	17.7B YoY+55.8%
Treasury stock	12.8B YoY+5.2%	12.1B YoY+21.6%	9.99B YoY+17.5%	8.50B YoY+45.6%	5.84B YoY+115.3%
Accumulated other comprehensive income	-194M YoY+6.7%	-208M YoY-28.4%	-162M YoY-18.2%	-137M YoY-18.8%	-115M YoY+3.0%
Non-controlling interest	1.19B YoY+5.8%	1.12B YoY-5.1%	1.18B YoY+2.4%	1.16B YoY+96.7%	587M YoY+32.5%
Total equity incl. non-controlling	22.1B YoY+3.3%	21.4B YoY-3.2%	22.1B YoY+13.0%	19.6B YoY+34.0%	14.6B YoY+30.0%
Total liabilities & equity	35.1B YoY+3.4%	33.9B YoY-4.0%	35.3B YoY+8.8%	32.5B YoY+25.8%	25.8B YoY+28.3%
	380M YoY+0.0%	380M YoY+0.0%	380M YoY+0.0%	380M YoY+0.0%	380M YoY+0.0%
	228M YoY-1.2%	231M YoY-4.2%	241M YoY-4.4%	252M YoY-6.4%	269M YoY-9.7%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	3.23B YoY-18.7%	3.98B YoY-44.1%	7.11B YoY-29.4%	10.1B YoY+61.6%	6.23B YoY+131.0%
Depreciation & amortization	1.23B YoY+12.1%	1.09B YoY+17.5%	931M YoY+12.6%	827M YoY+12.5%	735M YoY+4.7%
Share-based compensation	133M YoY+0.8%	132M YoY+1.5%	130M YoY-5.1%	137M YoY+0.9%	136M YoY+83.8%
Deferred income taxes	161M YoY+238.8%	-116M YoY-652.4%	21.0M YoY+144.7%	-47.0M YoY-502.9%	11.7M YoY-92.8%
Change in receivables	428M YoY+234.2%	-319M YoY+52.0%	-664M YoY-32.5%	-501M YoY-136.0%	1.39B YoY+976.7%
Change in inventory	366M YoY+170.7%	-518M YoY-790.7%	75.0M YoY+107.8%	-962M YoY-141.7%	2.31B YoY+912.2%
Change in payables	80.0M YoY+124.9%	-321M YoY-188.9%	361M YoY+172.8%	-496M YoY-229.4%	383M YoY+53.0%
	-3.23B YoY+13.6%	-3.73B YoY-49.6%	-2.50B YoY+56.2%	-5.70B YoY-98.4%	-2.87B YoY-62.9%
Capital expenditure	3.42B YoY+7.8%	3.17B YoY+43.3%	2.21B YoY+13.7%	1.95B YoY+20.1%	1.62B YoY+5.1%
Free cash flow	-188M YoY-123.3%	806M YoY-83.5%	4.90B YoY-39.7%	8.12B YoY+76.3%	4.61B YoY+299.5%
Acquisitions	2.00M YoY-99.7%	758M YoY+967.6%	71.0M YoY-98.0%	3.55B YoY+149.1%	1.43B YoY+1519.6%
Purchases of investments	985M YoY-24.0%	1.30B YoY-12.0%	1.47B YoY+61.1%	914M YoY+85.1%	494M YoY+1.1%
Sales/maturities of investments	1.14B YoY-23.3%	1.49B YoY+12.9%	1.32B YoY+123.2%	590M YoY-9.1%	649M YoY+65.5%
Proceeds from sale of PP&E	45.0M YoY+164.7%	17.0M YoY+13.3%	15.0M YoY-53.1%	32.0M YoY+64.9%	19.4M YoY-52.6%
Other investing activities	1.00M YoY-91.7%	12.0M YoY-66.7%	36.0M YoY+260.0%	10.0M YoY+2606.3%	-399K YoY-101.2%
	-1.31B YoY+57.0%	-3.06B YoY-17.9%	-2.59B YoY-3.3%	-2.51B YoY+30.3%	-3.60B YoY-1360.4%
Long-term debt issued	1.22B	0.00	0.00 YoY-100.0%	2.09B YoY+962.0%	197M YoY-84.1%
Long-term debt repaid	1.01B YoY+10050.0%	10.0M YoY+0.0%	10.0M YoY-99.1%	1.11B	0.00 YoY-100.0%
Net short-term debt	-102M YoY-197.1%	105M YoY+520.0%	-25.0M YoY+57.6%	-59.0M YoY-218.4%	49.8M YoY+1197.8%
Common stock issued	0.00	0.00	0.00	0.00	0.00 YoY-100.0%
Common stock repurchased	700M YoY-68.4%	2.22B YoY+42.7%	1.55B YoY-43.8%	2.76B YoY-15.7%	3.28B YoY+8194.1%
Dividends paid	512M YoY-1.9%	522M YoY+1.4%	515M YoY-3.6%	534M YoY+10.5%	483M YoY-1.7%
Other financing activities	5.00M YoY+138.5%	-13.0M YoY+23.5%	-17.0M YoY+32.0%	-25.0M YoY-118.8%	-11.4M YoY-19.7%
Net change in cash	-1.30B YoY+54.1%	-2.83B YoY-239.6%	2.03B YoY+9.4%	1.85B YoY+852.0%	-246M YoY-120.2%
Interest paid	281M YoY+9.8%	256M YoY-0.4%	257M YoY+11.7%	230M YoY+34.7%	171M YoY-5.8%
Income taxes paid	—	508M YoY-52.1%	1.06B YoY-59.7%	2.63B YoY+56.5%	1.68B YoY+3240.0%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	37.2B YoY+38.1%	26.9B YoY-37.8%	43.3B YoY+28.0%	33.8B YoY+10.1%	30.7B YoY+93.8%
P/E	21.3× YoY+60.5%	13.3× YoY+103.9%	6.5× YoY+65.6%	3.9× YoY-12.6%	4.5× YoY-79.5%
P/S	1.1× YoY+30.6%	0.9× YoY-19.7%	1.1× YoY+39.0%	0.8× YoY-6.9%	0.8× YoY+7.0%
P/B	1.8× YoY+33.8%	1.3× YoY-38.9%	2.2× YoY+13.6%	1.9× YoY-12.9%	2.2× YoY+49.2%
P/FCF	—	33.4× YoY+422.5%	6.4× YoY+56.9%	4.1× YoY-38.9%	6.7× YoY-51.5%
	4.7% YoY-37.7%	7.5% YoY-51.0%	15.4% YoY-39.6%	25.4% YoY+14.5%	22.2% YoY+388.3%
	—	3.0% YoY-80.9%	15.7% YoY-36.3%	24.6% YoY+63.7%	15.0% YoY+106.2%
	1.4% YoY-27.1%	1.9% YoY+56.3%	1.2% YoY-22.0%	1.5% YoY+1.5%	1.5% YoY-50.4%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: NUE's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all NUE filings on SEC EDGAR → Not investment advice.