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Nucor(NUE) - 2025 Q3 - Quarterly Results
2025-10-27 20:53
Financial Performance - Consolidated net earnings attributable to Nucor stockholders for Q3 2025 were $607 million, or $2.63 per diluted share, compared to $603 million, or $2.60 per diluted share in Q2 2025, and $250 million, or $1.05 per diluted share in Q3 2024[2][7]. - Net sales for Q3 2025 reached $8.52 billion, an increase from $8.46 billion in Q2 2025 and $7.44 billion in Q3 2024[7][25]. - Earnings before income taxes and noncontrolling interests for the steel mills segment were $793 million in Q3 2025, down from $843 million in Q2 2025, while the steel products segment earned $319 million, down from $392 million[4][5]. - EBITDA for Q3 2025 was reported at $1.27 billion, reflecting the company's operational performance[7][25]. - Net earnings before noncontrolling interests for the three months ended October 4, 2025, were $683 million, a decrease from $706 million in the previous quarter[40]. - EBITDA for the three months ended October 4, 2025, was $1,265 million, compared to $1,295 million in the previous quarter[40]. - For the nine months ended October 4, 2025, net earnings before noncontrolling interests totaled $1,615 million, compared to $1,974 million for the same period last year[40]. - Total EBITDA for the nine months ended October 4, 2025, was $3,256 million, down from $3,614 million in the previous year[40]. Shareholder Returns - Nucor returned nearly $1 billion to shareholders year-to-date, representing over 70% of net earnings through Q3 2025[3]. - Nucor repurchased approximately 0.7 million shares at an average price of $140.46 per share during Q3 2025, with $506 million remaining authorized for future repurchases[10]. - A cash dividend of $0.55 per share was declared on September 4, 2025, marking Nucor's 210th consecutive quarterly cash dividend[11]. Financial Position - The company had $2.75 billion in cash and cash equivalents at the end of Q3 2025, with a $2.25 billion undrawn revolving credit facility[9]. - Total assets increased to $34,776 million as of October 4, 2025, up from $33,940 million at the end of 2024, representing a growth of 2.5%[28]. - Total liabilities increased to $12,845 million as of October 4, 2025, from $12,523 million at the end of 2024, marking a rise of 2.6%[28]. - Retained earnings rose to $31,255 million as of October 4, 2025, up from $30,271 million at the end of 2024, an increase of 3.3%[28]. - Total equity increased to $21,931 million as of October 4, 2025, compared to $21,417 million at the end of 2024, reflecting a growth of 2.4%[28]. Market Outlook - The outlook for Q4 2025 indicates expected lower earnings compared to Q3 2025, primarily due to lower volumes and average selling prices in the steel mills segment[12]. Operational Metrics - Steel mills total shipments for the third quarter of 2025 were 6,428 thousand tons, a slight decrease of 1% from 6,474 thousand tons in the previous quarter but a 12% increase from 5,719 thousand tons year-over-year[37]. - The external average sales price per ton was $1,258, reflecting a 1% increase from $1,240 in the previous quarter but a 4% decrease from $1,265 year-over-year[34]. - Cash provided by operating activities for the nine months ended October 4, 2025, was $2,435 million, down from $3,246 million in the same period last year, a decrease of 25%[31]. - Capital expenditures for the nine months ended October 4, 2025, totaled $2,620 million, compared to $2,294 million in the same period last year, an increase of 14%[31]. Cost and Expenses - The average scrap/scrap substitute cost per gross ton was $391, a 3% decrease from $403 in the previous quarter and a 1% decrease from $399 year-over-year[34]. - Provision for income taxes for the three months ended October 4, 2025, was $200 million, up from $193 million in the previous quarter[40]. - Depreciation for the three months ended October 4, 2025, was $304 million, slightly higher than $303 million in the previous quarter[40]. - Losses and impairments of assets were recorded at $0 for the three months ended October 4, 2025, compared to $11 million in the previous quarter[40]. - Interest expense (income), net, was $15 million for the three months ended October 4, 2025, down from $19 million in the previous quarter[40]. - Amortization for the nine months ended October 4, 2025, was $191 million, slightly higher than $189 million in the previous year[40]. - The company reported losses and impairments of assets totaling $40 million for the nine months ended October 4, 2025, compared to $137 million in the previous year[40]. Credit Ratings - Nucor's long-term credit ratings were upgraded to A3 by Moody's in September 2025, indicating strong financial health[9].
Nucor Reports Better-Than-Expected Q3 Earnings: Details
Benzinga· 2025-10-27 20:43
Nucor Corp. (NYSE:NUE) released its third-quarter earnings report after Monday's closing bell. Here's a look at the key figures from the quarter. NUE stock is moving. See the real-time price action here.The Details: Nucor reported quarterly earnings of $2.63 per share which beat the analyst estimate of $2.25 by 16.63%. Quarterly revenue came in at $8.52 billion which beat the consensus estimate of $8.15 billion. Read Next: Trump’s White House Ballroom Donors Include Google, Micron, Palantir and More“We cont ...
Nucor Reports Results for the Third Quarter of 2025
Prnewswire· 2025-10-27 20:30
Third Quarter of 2025 Highlights CHARLOTTE, N.C., Oct. 27, 2025 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) today announced consolidated net earnings attributable to Nucor stockholders of $607 million, or $2.63 per diluted share, for the third quarter of 2025. By comparison, Nucor reported consolidated net earnings attributable to Nucor stockholders of $603 million, or $2.60 per diluted share, for the second quarter of 2025 and $250 million, or $1.05 per diluted share, for the third quarter of 2024. "We c ...
Jim Cramer Says “Nucor’s the Best Steel Maker in the World”
Yahoo Finance· 2025-10-27 16:03
Group 1 - Nucor Corporation is highlighted as a key stock in Jim Cramer's game plan, with expectations for positive earnings due to President Trump's tariffs protecting the U.S. steel industry [1] - The company is recognized as the largest steel producer in the U.S. and is noted for its resilience against foreign competition, particularly from China [1] - Despite being a leading steel manufacturer, Nucor is facing challenges in a sluggish economic environment, particularly outside of the data center sector, which may limit earnings potential [1] Group 2 - Nucor manufactures and sells a variety of steel products, including sheet, plate, bar, and structural steel, as well as raw materials like direct reduced iron and scrap metal [2]
Keurig Dr Pepper, Nucor And 3 Stocks To Watch Heading Into Monday - Keurig Dr Pepper (NASDAQ:KDP)
Benzinga· 2025-10-27 06:09
Earnings Reports - Keurig Dr Pepper Inc. (NASDAQ: KDP) is expected to report quarterly earnings of 54 cents per share on revenue of $4.15 billion [2] - Nucor Corp. (NYSE: NUE) is projected to post quarterly earnings of $3.70 per share on revenue of $12.57 billion [2] - Whirlpool Corp. (NYSE: WHR) is anticipated to report quarterly earnings of $1.41 per share on revenue of $3.93 billion [2] - Waste Management Inc. (NYSE: WM) is expected to report quarterly earnings of $2.02 per share on revenue of $6.50 billion [2] Stock Movements - Keurig Dr Pepper shares rose 0.3% to $27.25 in after-hours trading [2] - Nucor shares increased by 0.2% to close at $138.70 on Friday [2] - Plymouth Industrial REIT Inc. (NYSE: PLYM) shares fell 1.5% to $21.75 in after-hours trading following acquisition news [2] - Whirlpool shares gained 1% to $74.40 in after-hours trading [2] - Waste Management shares rose 0.3% to $215.20 in after-hours trading [2] Acquisition News - Plymouth Industrial REIT Inc. agreed to be acquired by Makarora Management LP and Ares Alternative Credit Funds in an all-cash transaction valued at approximately $2.1 billion [2]
JPMorgan Analyst Lifts Nucor Corp (NUE) Price Target on Strong Market Position and Outlook
Yahoo Finance· 2025-10-26 10:16
Nucor Corp (NYSE:NUE) is one of the top steel stocks to buy amid US tariffs. On October 13, JPMorgan analyst Bill Peterson reiterated an ‘Overweight’ rating on Nucor Corp (NYSE:NUE) and raised the price target to $172 from $165. JPMorgan Analyst Lifts Nucor Corp (NUE) Price Target on Strong Market Position and Outlook Pixabay/Public Domain The price target hike underscores growing confidence in the company’s year-to-date performance and its strong market position in the steel industry. Wells Fargo has e ...
Nucor to Report Q3 Earnings: What's in the Cards for the Stock?
ZACKS· 2025-10-24 13:16
Core Insights - Nucor Corporation (NUE) is scheduled to release its third-quarter 2025 results on October 27, with expectations of lower earnings across all segments compared to the previous quarter [1][5][7] - The company has a trailing four-quarter earnings surprise of approximately 27.4% on average, having surpassed the Zacks Consensus Estimate in three of the last four quarters [1][10] - Nucor's shares have declined by 2.1% over the past year, contrasting with a 10.2% increase in the Zacks Steel Producers industry [2] Revenue Estimates - The Zacks Consensus Estimate for Nucor's third-quarter consolidated revenues is $8,162.8 million, indicating a year-over-year increase of 9.7% [4] Factors Affecting Performance - Lower segment earnings are anticipated to negatively impact Nucor's performance, with expectations of decreased earnings in the steel mills, steel products, and raw materials segments [5][7] - The steel mills segment is expected to experience reduced earnings due to lower volumes and margin compression, while the steel products segment may see decreased earnings from higher average costs per ton [5] - The raw materials segment is also projected to earn lower profits due to weaker profitability in scrap processing operations [5] Market Conditions - U.S. steel prices have retreated in the third quarter amid cautious buyer activity, with hot-rolled coil (HRC) prices dropping to around $800 per short ton from a peak of nearly $950 per short ton earlier in the year [8] - Despite the decline in prices, stable selling prices are expected to have supported Nucor's performance, with an estimated average sales price per ton for the steel mills unit at $1,041, remaining stable sequentially [9] Earnings Prediction Model - The current model does not predict an earnings beat for Nucor this quarter, with an Earnings ESP of -1.28% and a Zacks Rank of 4 (Sell) [10][11]
Nucor Corporation (NYSE: NUE) Quarterly Earnings Preview
Financial Modeling Prep· 2025-10-24 12:00
Core Insights - Nucor Corporation is a leading player in the steel manufacturing industry, producing a diverse range of steel products across North America [1] - The company is set to report quarterly earnings on October 27, 2025, with analysts estimating an EPS of $2.16, reflecting a 45% year-over-year increase [2][6] - Projected revenue for the upcoming quarter is approximately $8.15 billion, indicating a 9.7% rise year-over-year [2][6] Financial Metrics - The consensus EPS estimate has been revised upward by 1.4% over the past month, suggesting positive analyst sentiment [3] - Nucor's P/E ratio is approximately 24.64, indicating favorable market valuation of its earnings [4] - The price-to-sales ratio stands at about 1.03, showing that investors are willing to pay slightly more than one times the company's sales [4] - The enterprise value to sales ratio is around 1.19, reflecting the company's total valuation relative to its sales [4] Debt and Liquidity - Nucor maintains a low debt-to-equity ratio of 0.34, indicating a relatively low level of debt compared to its equity [5] - The company has a strong current ratio of approximately 2.83, demonstrating its ability to cover short-term liabilities with short-term assets [5]
Jim Cramer on Nucor Stock Action: “Very Impressive”
Yahoo Finance· 2025-10-23 13:20
Nucor Corporation (NYSE:NUE) is one of the stocks Jim Cramer recently highlighted. Highlighting the pin action that led to the stock’s rally, Cramer commented: “When you get strength in GM, that has tremendous pin action, which is how Nucor, the giant steel maker, could rally nearly 3% today. Again, very impressive.” A laptop and a computer monitor display a detailed stock market technical analysis chart. Photo by Jakub Zerdzicki on Pexels Nucor Corporation (NYSE:NUE) manufactures and sells steel and ...
A Simple Buffett-Inspired Portfolio You Can Build With Just $1,000
The Motley Fool· 2025-10-23 00:05
Core Insights - The article discusses how to create a mini portfolio inspired by Warren Buffett's investment strategies, highlighting his successful track record and the potential for individual investors to replicate his approach [1][2][4]. Company Overview - Berkshire Hathaway, led by Warren Buffett, has a market capitalization of $1,060 billion and has generated a compound annual growth rate of nearly 20%, significantly outperforming the S&P 500 [2][3]. Investment Strategy - The current portfolio of publicly traded U.S. stocks owned by Berkshire Hathaway is valued at over $300 billion and includes more than 40 stocks, alongside numerous wholly-owned companies [4]. - The article suggests that individual investors can start a similar portfolio with just $1,000 by selecting six specific stocks that reflect Buffett's investment philosophy [6]. Selected Stocks - **Apple (AAPL)**: Berkshire's largest holding, valued at $69.8 billion, represents over 23% of its portfolio, with a gain of 524% since the initial investment in 2016. Current share price is around $249 [7][8]. - **Bank of America (BAC)**: Accounts for more than 10% of Berkshire's portfolio, with a 17% increase this year and a dividend yield of 2.14%. Current share price is approximately $51.50 [9]. - **Coca-Cola (KO)**: Fourth largest holding, with a 3.04% yield and a 9.4% increase this year. Shares trade at about $68 [10]. - **American Express (AXP)**: Represents nearly 22% of outstanding shares, valued at $51.3 billion, with a share price of about $340 and a 15% increase in 2025 [12]. - **Chevron (CVX)**: An actively traded holding with a 4.5% yield, currently priced around $153 and up 6% this year [13]. - **Nucor (NUE)**: A steel manufacturer with a current share price of about $133, up almost 14% this year, with additional shares purchased this year for about $850 million [14]. Portfolio Cost - The total cost to purchase one share of each of the six selected stocks is approximately $995, leaving a small amount for incidental expenses [15].