Nucor said net earnings attributable to Nucor stockholders for Q4 2024 were $287 million, or $1.22 per diluted share, for 2024 were $2.03 billion, or $8.46 per diluted share, and for 2023 were $4.53 billion, or $18.00 per diluted share.

1. 01

   Nucor said net earnings attributable to Nucor stockholders for Q4 2024 were $287 million, or $1.22 per diluted share, for 2024 were $2.03 billion, or $8.46 per diluted share, and for 2023 were $4.53 billion, or $18.00 per diluted share.

2. 02

   Nucor said consolidated net sales for the full year 2024 of $30.73 billion decreased 11% compared with $34.71 billion in 2023, while total tons shipped to outside customers decreased 2% and the average sales price per ton declined 10%.

3. 03

   Nucor said earnings before income taxes and noncontrolling interests for Q4 2024 were $169 million in steel mills, $329 million in steel products and $57 million in raw materials. It cited lower average selling prices and decreased volumes as factors in the decline in steel mills earnings compared with the prior quarter.

4. 04

   The company said it held $4.14 billion in cash and cash equivalents and short-term investments as of the end of 2024 and returned approximately $2.74 billion to stockholders through share repurchases and dividend payments for 2024. As of December 31, 2024, approximately $1.11 billion remained authorized and available for repurchases under its share repurchase program.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

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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