NUE Q2 2024 Earnings — Nucor Corporation Revenue & Financial Results | Market Cap Arena

NUENucor Corporation

$39B

Q2 2024 Earnings

Basic Materials Steel

Income Statement

Revenue

$8.1B-15.2% YoY

Gross Profit

$1.2B14.8% margin

Operating Income

$900M11.1% margin

Net Income

$645M8.0% margin

EPS (Diluted)

$2.68

QoQ Revenue Growth

-0.7%

Cash Flow

Operating Cash Flow

$1.5B

Free Cash Flow

$684M

Stock-Based Comp.

$62M

Balance Sheet

Total Assets

$34.2B

Total Liabilities

$12.4B

Stockholders' Equity

$20.7B

Cash & Equivalents

$4.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8.1B	$9.5B	-15.2%
Gross Profit	$1.2B	$2.5B	-52.3%
Operating Income	$900M	$2.0B	-56.1%
Net Income	$645M	$1.5B	-55.8%

Revenue Segments

Sheet

$2.4B32%

Bar

$1.4B18%

Steel Products

$937M13%

Structural

$559M8%

Plate

$542M7%

Raw Materials

$516M7%

Rebar Fabrication

$462M6%

Tubular Products

$345M5%

Deck

$259M4%