NUE Q2 2023 Earnings — Nucor Corporation Revenue & Financial Results | Market Cap Arena

NUENucor Corporation

$39B

Q2 2023 Earnings

Basic Materials Steel

Income Statement

Revenue

$9.5B-19.3% YoY

Gross Profit

$2.5B26.3% margin

Operating Income

$2.0B21.5% margin

Net Income

$1.5B15.3% margin

EPS (Diluted)

$5.81

QoQ Revenue Growth

+9.3%

Cash Flow

Operating Cash Flow

$1.9B

Free Cash Flow

$1.4B

Stock-Based Comp.

$63M

Balance Sheet

Total Assets

$33.4B

Total Liabilities

$12.4B

Stockholders' Equity

$20.0B

Cash & Equivalents

$4.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$9.5B	$11.8B	-19.3%
Gross Profit	$2.5B	$4.1B	-39.0%
Operating Income	$2.0B	$3.5B	-42.2%
Net Income	$1.5B	$2.6B	-42.7%

Revenue Segments

Steel Mills

$5.6B55%

Steel Products

$3.4B34%

Raw Materials

$1.0B10%