Quarterly ResultMay 13, 2026, 09:51 AM
Nucor Q1 Net Earnings $743M (+376%); EPS $3.23 (+382%)
AI Summary
Nucor Corporation reported a strong first quarter for 2026, with net sales increasing by 21.3% to $9.496 billion. Net earnings attributable to stockholders saw a substantial rise of 376.3% to $743 million, leading to a basic EPS of $3.23. The company also announced a new $4.00 billion share repurchase program, replacing previous authorizations.
Key Highlights
- Nucor's net sales increased by 21.3% to $9.496 billion for Q1 2026, up from $7.830 billion in Q1 2025.
- Net earnings attributable to Nucor stockholders rose 376.3% to $743 million in Q1 2026, from $156 million in Q1 2025.
- Basic earnings per share (EPS) increased 382.1% to $3.23 in Q1 2026, compared to $0.67 in Q1 2025.
- Cash provided by operating activities significantly grew to $886 million in Q1 2026, up from $364 million in Q1 2025.
- The Board of Directors approved a new share repurchase program of up to $4.00 billion, with $3.97 billion available.
- Steel Mills segment earnings before income taxes were $1.128 billion in Q1 2026.
- Steel Products segment earnings before income taxes were $285 million in Q1 2026.
- Capital expenditures decreased to $661 million in Q1 2026, from $859 million in Q1 2025.
Price Impact
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