NUE Q1 2024 Earnings — Nucor Corporation Revenue & Financial Results | Market Cap Arena

NUENucor Corporation

$39B

Q1 2024 Earnings

Basic Materials Steel

Income Statement

Revenue

$8.1B-6.6% YoY

Gross Profit

$1.5B18.7% margin

Operating Income

$1.2B14.5% margin

Net Income

$845M10.4% margin

EPS (Diluted)

$3.46

QoQ Revenue Growth

+5.6%

Cash Flow

Operating Cash Flow

$460M

Free Cash Flow

-$210M

Stock-Based Comp.

$21M

Balance Sheet

Total Assets

$33.9B

Total Liabilities

$12.2B

Stockholders' Equity

$20.7B

Cash & Equivalents

$4.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8.1B	$8.7B	-6.6%
Gross Profit	$1.5B	$2.0B	-23.8%
Operating Income	$1.2B	$1.6B	-26.8%
Net Income	$845M	$1.1B	-25.7%

Revenue Segments

Steel Mills

$5.2B60%

Steel Products

$2.5B29%

Raw Materials

$903M11%