What is Nucor's income tax?

Nucor (NUE) reported income tax of $226M in Q1 2026.

How has Nucor's income tax changed year-over-year?

Nucor's income tax increased by 283.1% year-over-year, from $59M to $226M.

What is the long-term trend for Nucor's income tax?

Over 4 years (2021 to 2025), Nucor's income tax has grown at a -28.9% compound annual growth rate (CAGR), from $2.08B to $530M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Nucor NUE Income Tax

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Other financials

Income statement

See full

Revenue$9.5B+21.3%

Gross profit$1.5B+148%

Net income$743.0M+376%

EPS (diluted)$3.23+382%

Balance sheet

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Cash & equivalents$2.2B-29.5%

Total debt$134.0M-16.3%

Total equity$21.5B+6.9%

Total assets$35.6B+2.7%

Cash flow

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Operating cash flow$886.0M+143%

CapEx$661.0M-23.1%

Free cash flow$225.0M+145%

Valuation

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Market cap$50.73B+68.3%

Enterprise value$48.64B+71.6%

P/E21.8×-1.5×

P/S1.5×+0.5×

Profitability

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Gross margin14%+3.5pp

Net margin6.8%+2.4pp

FCF margin5.6%-11.5pp

Returns & leverage

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Return on equity11.2%+4.7pp

Debt / equity0×0.0×

Current ratio2.9×+0.4×

Where this comes from

Reported directly by Nucor in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Nucor’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Nucor's income tax?: Nucor (NUE) reported income tax of $226M in Q1 2026.
How has Nucor's income tax changed year-over-year?: Nucor's income tax increased by 283.1% year-over-year, from $59M to $226M.
What is the long-term trend for Nucor's income tax?: Over 4 years (2021 to 2025), Nucor's income tax has grown at a -28.9% compound annual growth rate (CAGR), from $2.08B to $530M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.