Nucor Corp.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $32.49B | $30.73B | $34.71B | $41.51B | $36.48B | $20.14B | $22.59B | $25.06B |
| Steel Mills | — | — | — | $28.14B | $26.38B | $13.45B | $15.32B | $17.48B |
| Steel Products | — | — | — | $12.23B | $8.71B | $5.25B | $5.36B | $5.31B |
| Raw Materials | — | — | — | $1.14B | $1.40B | $1.44B | $1.92B | $2.27B |
| Cost of Revenue | $28.62B | $26.63B | $26.90B | $29.01B | $25.46B | $17.91B | $19.91B | $20.77B |
| Gross Profit | $3.88B | $4.10B | $7.82B | $12.50B | $11.03B | $2.23B | $2.68B | $4.29B |
| Gross Margin | 11.9% | 13.3% | 22.5% | 30.1% | 30.2% | 11.1% | 11.9% | 17.1% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.22B | $1.12B | $1.59B | $2.00B | $1.71B | $615.0M | $711.2M | $860.7M |
| Operating Income | $2.74B | $3.13B | $6.52B | $10.46B | $9.36B | $1.00B | $1.94B | $3.39B |
| Operating Margin | 8.4% | 10.2% | 18.8% | 25.2% | 25.7% | 5.0% | 8.6% | 13.5% |
| Interest Expense | $170.0M | $228.0M | $246.0M | $219.0M | $163.1M | $166.6M | $157.4M | $161.3M |
| Pretax Income | $2.57B | $2.90B | $6.27B | $10.25B | $9.20B | $835.5M | $1.78B | $3.23B |
| Income Tax Expense | $530.0M | $583.0M | $1.36B | $2.17B | $2.08B | $-490.0K | $411.9M | $748.3M |
| Net Income | $1.74B | $2.03B | $4.53B | $7.61B | $6.83B | $721.5M | $1.27B | $2.36B |
| Net Margin | 5.4% | 6.6% | 13.0% | 18.3% | 18.7% | 3.6% | 5.6% | 9.4% |
| EPS (Basic) | $7.53 | $8.47 | $18.05 | $28.88 | $23.23 | $2.37 | $4.14 | $7.44 |
| EPS (Diluted) | $7.52 | $8.46 | $18.00 | $28.79 | $23.16 | $2.36 | $4.14 | $7.42 |
| Shares Outstanding (Basic) | 230.7M | 238.3M | 249.8M | 262.3M | 292.5M | 303.2M | 305.0M | 315.9M |
| Shares Outstanding (Diluted) | 231.0M | 238.5M | 250.4M | 263.2M | 293.4M | 303.3M | 305.5M | 316.7M |
| Dividends Per Share | $2.21 | $2.17 | $2.07 | $2.01 | $1.72 | $1.61 | $1.60 | $1.54 |