NUE · 10-Q · 2026Q4

NUCOR CORP

Filed 2026-11-10 · Other · View original filing on EDGAR

Everything NUE's SEC filings said, ranked

Ranked Events

• Capital Expenditure OutlookImportance 71 · Surprise 48
  Nucor estimates 2026 capital expenditures of approximately $2.50 billion, compared with $3.42 billion in 2025. The largest anticipated 2026 projects are the sheet mill under construction in West Virginia, two…
• Capital Expenditure ProgramImportance 71 · Surprise 48
  Cash used in investing activities in the first nine months of 2026 was $1.54 billion, down $974 million from the comparable 2025 period. Capital expenditures were $1.86 billion, a $759 million decrease, primarily…
• Gross Margin DriversImportance 69 · Surprise 64
  Nucor’s third-quarter 2026 gross margin increased to $2.33 billion, or 21% of sales, from $1.19 billion, or 14%, in the third quarter of 2025. Higher steel mills metal margins were the largest driver: average scrap and…
• Revenue Performance and MixImportance 64 · Surprise 56
  Third-quarter 2026 net sales increased 32% year over year to $11.249 billion, as average sales price per ton rose 19% to $1,493 and outside shipments increased 11% to 7.533 million tons. For the first nine months of…
• Liquidity and Capital PositionImportance 63 · Surprise 64
  At October 3, 2026, cash, cash equivalents and short-term investments totaled $3.64 billion, up from $2.70 billion at December 31, 2025; $1.01 billion of cash and cash equivalents was held by majority-owned joint…
• Share Repurchase ProgramImportance 57 · Surprise 64
  Cash used in financing activities in the first nine months of 2026 was $1.77 billion, compared with $1.27 billion in the first nine months of 2025. Stock repurchases were a primary use of cash, totaling $976 million in…
• Guidance / OutlookImportance 40 · Surprise 42
  Nucor expected fourth-quarter 2026 earnings to be generally in line with or modestly above third-quarter results. Steel mills earnings were expected to remain stable as higher realized pricing was offset by seasonally…
• Market Demand TrendsImportance 38 · Surprise 64
  Nucor reported strong demand across key end-use markets for both its steel mills and steel products segments in the third quarter of 2026. Steel mills shipments reached a record level, with the largest increases in…
• Operating Expense TrendsImportance 26 · Surprise 24
  Profit-sharing and other incentive compensation costs increased $120 million in the third quarter of 2026 and $294 million in the first nine months compared with the respective 2025 periods. Nucor attributed the…
• Manufacturing and CapacityImportance 21 · Surprise 32
  Average utilization in the first nine months of 2026 was approximately 89% at operating steel mills, 66% in steel products and 76% in raw materials, compared with 83%, 62% and 72%, respectively, in the year-earlier…
• Revolving Credit FacilityImportance 12 · Surprise 6
  Nucor’s revolving credit facility has borrowing capacity of $2.25 billion and matures on March 11, 2030, following its 2025 amendment. The facility’s financial covenant limits funded debt to total capital to 60%. At…
• Trade Policy and TariffsImportance 10 · Surprise 6
  Nucor says U.S. federal trade policies are continuing to reduce unfairly traded steel imports. It identifies anti-dumping and countervailing duty laws and Section 232 national security tariffs as the policies…
• Competition and Pricing PressureImportance 10 · Surprise 6
  Nucor said federal trade policies, including anti-dumping and countervailing duty laws and Section 232 national security tariffs, continued to reduce the volume of unfairly traded steel imports into the United States.…
• Dividend ContinuityImportance 10 · Surprise 6
  In September 2026, Nucor’s board declared a quarterly cash dividend of $0.56 per common share. The dividend was payable November 10, 2026, to stockholders of record on September 30, 2026. This payment represented…

Revenue by Product (in millions)