Nucor said net earnings attributable to Nucor stockholders in Q1 2025 were $156 million, or $0.67 per diluted share, a decrease from $845 million, or $3.46 per share, in the prior-year period. The company cited decreased profitability in the steel mills segment as the primary driver.

10-QQuarterly reportFiled May 14, 2025Period of report Apr 5, 2025Summary published (UTC) Oct 11, 2026

Key points

AI summary

Nucor said net earnings attributable to Nucor stockholders in Q1 2025 were $156 million, or $0.67 per diluted share, a decrease from $845 million, or $3.46 per share, in the prior-year period. The company cited decreased profitability in the steel mills segment as the primary driver.
Nucor said gross margins in Q1 were $605 million (8%), down from $1.52 billion (19%) in the prior-year period. The company explained that although scrap and scrap substitute costs decreased from $421 per gross ton to $394, a 6% decline, the decrease in average selling prices more than offset this reduction, resulting in lower metal margins.
Nucor said cash provided by operating activities in Q1 was $364 million, a decrease of $96 million from $460 million in the prior-year period, and that capital expenditures, the largest use of cash in investing activities, were $859 million. The company estimated capital expenditures for 2025 at approximately $3.00 billion.
Nucor said it issued and sold $500 million aggregate principal amount of its 4.650% Notes due 2030 and 5/100% Notes due 2035 in Q1, generating net proceeds from the issuance and sale of long-term debt of $997 million. The company said it plans to use these proceeds to redeem $500 million aggregate principal amount each of two series of Notes due 2025.

Key figures

Quarter ended April 5, 2025

Revenue: $7.8B
Net income: $156M
EPS: $0.67
Operating cash flow: $364M

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Q1 Net Earnings $156 million, Prior-Year Period $845 million

Nucor said net earnings attributable to Nucor stockholders in Q1 2025 were $156 million, or $0.67 per diluted share, a decrease from $845 million, or $3.46 per share, in the prior-year period. The company cited decreased profitability in the steel mills segment as the primary driver.

Source · Based on the MD&A text of the filing

Gross Margins $605 million, Scrap Costs and Selling Prices

Nucor said gross margins in Q1 were $605 million (8%), down from $1.52 billion (19%) in the prior-year period. The company explained that although scrap and scrap substitute costs decreased from $421 per gross ton to $394, a 6% decline, the decrease in average selling prices more than offset this reduction, resulting in lower metal margins.

Source · Based on the MD&A text of the filing

Operating Cash Flow $364 million, Capital Expenditures $859 million

Nucor said cash provided by operating activities in Q1 was $364 million, a decrease of $96 million from $460 million in the prior-year period, and that capital expenditures, the largest use of cash in investing activities, were $859 million. The company estimated capital expenditures for 2025 at approximately $3.00 billion.

Source · Based on the MD&A text of the filing

Long-Term Debt $500 million Each, 2 Series Issued; Plan to Redeem Notes Due 2025

Nucor said it issued and sold $500 million aggregate principal amount of its 4.650% Notes due 2030 and 5/100% Notes due 2035 in Q1, generating net proceeds from the issuance and sale of long-term debt of $997 million. The company said it plans to use these proceeds to redeem $500 million aggregate principal amount each of two series of Notes due 2025.

Source · Based on the MD&A text of the filing

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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