NUE NUCOR CORP

Overview and Growth

Fiscal 2025 results for NUCOR CORP combined $32.49B of revenue with net income of $1.74B and an operating cash inflow of $3.23B. The $32.49B revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Revenue was 5.7% above fiscal 2024 revenue of $30.73B, marking a year-over-year increase. The company reported diluted EPS of $7.52, adding a shareholder-level measure to the absolute income figures considered below. The per-share result recorded a 11.1% decrease from fiscal 2024 diluted EPS of $8.46. Total assets stood at $35.10B, showing the scale of resources supporting revenue, earnings, liquidity, and financing. Asset turnover was 0.93x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

Gross profit was $3.88B, representing the portion of revenue remaining after the reported cost of revenue and before operating expenses. Gross margin was 11.9%, so that share of each revenue unit remained after the cost of revenue reported for the period. The bottom-line result was net income of $1.74B, after the operating, financing, tax, and other items recognized for the period. Net margin was 5.4%, meaning that this portion of revenue remained as net income after all recognized expenses. Before income taxes, the company reported $2.57B of earnings, providing a bridge between the operating result and final net income. Pretax income represented 7.9% of revenue, placing earnings before tax in the context of the company’s operating scale. The company recognized $530.00M of income tax for the period, completing the transition from pretax income to net income. The income-tax provision equaled 20.6% of pretax income, showing the tax burden absorbed by the year’s earnings. The relationship between net income and period-end equity was 7.9%, indicating the profitability achieved on book capital. Net income represented 5.0% of period-end assets, placing the company’s bottom-line result against the total resource base employed.

Liquidity and Capital Structure

The company held $35.10B of assets against $12.98B of liabilities and $22.12B of equity, revealing how the asset base was financed. The near-term balance sheet paired $11.77B of current assets with $4.00B of current liabilities at the reporting date. The current ratio was 2.94x, with current assets exceeding current liabilities and providing a short-term liquidity cushion. The company held $2.26B in cash and equivalents, a narrower liquidity measure than total current assets. Cash and equivalents represented 56.4% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. Relative to total assets, liabilities measured 37.0%, complementing the separate equity-based view of the company’s capital structure. Cash and equivalents equaled 6.4% of total assets, showing the liquid cash component within the company’s broader resource base. Total assets were 3.4% higher than fiscal 2024 assets of $33.94B, measuring the company’s own balance-sheet change. Against $21.42B of equity in fiscal 2024, the current book-equity balance moved 3.3% and ended higher.

Cash Flow and Earnings Quality

Cash flow from operations was $3.23B, a reported cash inflow that can be compared directly with net income and capital spending. Operating cash flow equaled 1.85x of net income, showing how strongly accounting earnings converted into cash from operations. Capital expenditures used $3.42B, identifying the reported investment outflow deducted from operating cash flow in the free-cash-flow calculation. Capital expenditures represented 105.8% of operating cash flow, leaving the remainder available as free cash flow. The company recorded a $188.00M cash deficit after capital spending for the period. The free-cash-flow deficit equaled 0.6% of revenue, showing the post-investment cash shortfall relative to sales. The cash deficit after capital spending represented 0.5% of the period-end asset base.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.