Nucor Corporation (NUE) Financial Statements (2024 and earlier)

Company Profile

Business Address 1915 REXFORD RD
CHARLOTTE, NC 28211
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 3312 - Steel Works, Blast Furnaces (Including Coke Ovens), and Rolling Mills (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
Q3
6/30/2023
Q3
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5,3814,6184,8583,4272,3664,172
Cash and cash equivalents4,5113,8004,2813,0502,0033,725
Short-term investments870818577377363447
Receivables3,8753,6623,5914,2014,7504,111
Inventory, net of allowances, customer advances and progress billings5,6325,5915,4546,0466,5796,246
Inventory5,6325,5915,4546,0466,5796,246
Other current assets402446789682339252
Total current assets:15,29114,31614,69214,35614,03414,781
Noncurrent Assets
Property, plant and equipment10,0939,8639,6179,4409,2148,921
Intangible assets, net (including goodwill)7,1327,1787,2427,3107,3593,967
Goodwill3,9263,9153,9203,9173,9302,904
Intangible assets, net (excluding goodwill)3,2063,2633,3223,3933,4291,063
Other noncurrent assets851808848886974875
Other undisclosed noncurrent assets138180808888
Total noncurrent assets:18,08917,93017,78817,71617,63513,852
TOTAL ASSETS:33,38032,24632,47932,07331,66828,633
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,9023,0164,2524,5384,6304,418
Taxes payable603
Employee-related liabilities1,6541,6131,240833
Accounts payable1,8562,0121,6501,8102,3161,901
Accrued liabilities1,0461,0049481,1151,0741,082
Deferred revenue351330    
Debt58547894730716
Other undisclosed current liabilities693430    
Total current liabilities:4,0043,8304,3304,6325,3595,134
Noncurrent Liabilities
Long-term debt and lease obligation, including:6,6216,6166,6146,6176,6226,112
Finance lease, liability   170   
Other undisclosed long-term debt and lease obligation6,6216,6166,4446,6176,6226,112
Liabilities, other than long-term debt   81   
Operating lease, liability   81   
Other undisclosed noncurrent liabilities1,8141,8701,8841,9991,8351,244
Total noncurrent liabilities:8,4358,4878,5808,6168,4567,356
Total liabilities:12,43912,31712,90913,24813,81612,490
Equity
Equity, attributable to parent19,95419,01718,41517,70816,80915,205
Common stock152152152152152152
Treasury stock, value(9,315)(8,900)(8,498)(8,098)(7,452)(6,701)
Additional paid in capital2,1502,1692,1442,1292,1152,163
Accumulated other comprehensive loss(129)(165)(138)(104)(71)(45)
Retained earnings27,09625,76224,75523,63022,06419,635
Equity, attributable to noncontrolling interest9879121,1551,1161,044939
Total equity:20,94119,93019,57018,82517,85316,143
TOTAL LIABILITIES AND EQUITY:33,38032,24632,47932,07331,66828,633

Income Statement (P&L) ($ in millions)

9/30/2023
Q3
6/30/2023
Q3
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Revenues9,5238,7108,72410,50111,79410,493
Cost of revenue
(Cost of Goods and Services Sold)
(7,022)(6,712)(6,626)(7,657)(7,690)(7,035)
Gross profit:2,5021,9982,0972,8434,1043,458
Operating expenses(453)(390)(423)(487)(563)(525)
Operating income:2,0481,6081,6752,3573,5412,934
Nonoperating income
(Investment Income, Nonoperating)
5652301261
Interest and debt expense(61)(63)(57)(55)(64)(44)
Income from continuing operations before equity method investments, income taxes:2,0441,5981,6482,3143,4832,890
Income (loss) from equity method investments6(1)(13)878
Other undisclosed loss from continuing operations before income taxes   (102)   
Income from continuing operations before income taxes:2,0501,5971,5332,3233,4902,898
Income tax expense(463)(365)(207)(524)(763)(671)
Income from continuing operations:1,5871,2321,3261,7992,7272,227
Income before gain (loss) on sale of properties:1,7992,7272,227
Net income:1,5871,2321,3261,7992,7272,227
Net loss attributable to noncontrolling interest(126)(95)(71)(104)(166)(131)
Net income attributable to parent:1,4611,1371,2561,6952,5612,096
Other undisclosed net loss available to common stockholders, basic(6)(3)(5)(7)(11)(8)
Net income available to common stockholders, basic:1,4551,1331,2511,6882,5502,087
Other undisclosed net income available to common stockholders, diluted000000
Net income available to common stockholders, diluted:1,4551,1331,2511,6882,5502,087

Comprehensive Income ($ in millions)

9/30/2023
Q3
6/30/2023
Q3
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Net income:1,5871,2321,3261,7992,7272,227
Other comprehensive income (loss)36(28)(34)(33)(26)71
Comprehensive income:1,6231,2041,2921,7662,7012,298
Comprehensive loss, net of tax, attributable to noncontrolling interest(126)(95)(71)(104)(166)(131)
Comprehensive income, net of tax, attributable to parent:1,4981,1091,2221,6622,5352,166

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: