Steel Mills — Total Assets
Nucor Steel Mills — Total Assets increased by 2.3% to $18.78B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.8%, from $16.95B to $18.78B. Over 3 years (FY 2021 to FY 2025), Steel Mills — Total Assets shows an upward trend with a 13.6% CAGR.
Analysis
How to read this metric
An increase in assets typically signals capital investment for capacity expansion or modernization, while a decrease may indicate asset divestiture, depreciation, or improved capital efficiency. Sustained growth in this segment's asset base relative to revenue can indicate a shift toward more capital-intensive production methods.
Detailed definition
This metric represents the total carrying value of assets specifically allocated to the steel mills operating segment. I...
Peer comparison
Peers in the steel and basic materials sector report similar segment-level asset data, often categorized as 'Property, Plant, and Equipment' or 'Segment Assets' in financial disclosures to allow for Return on Assets (ROA) analysis.
nue_segment_steel_mills_assetsHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $11.73B | $12.80B | $13.24B | $14.46B | $15.26B | $14.68B | $14.16B | $14.05B | $14.79B | $15.41B | $15.56B | $15.75B | $16.12B | $16.58B | $16.95B | $17.74B | $18.10B | $18.35B | $18.78B |
| QoQ Change | — | +9.1% | +3.4% | +9.2% | +5.5% | -3.8% | -3.6% | -0.7% | +5.2% | +4.2% | +1.0% | +1.3% | +2.3% | +2.8% | +2.2% | +4.7% | +2.0% | +1.4% | +2.3% |
| YoY Change | — | — | — | — | +30.0% | +14.7% | +7.0% | -2.8% | +0.7% | +8.8% | +10.7% | — | +9.0% | +7.6% | +9.0% | +12.6% | +12.3% | +10.7% | +10.8% |
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Frequently Asked Questions
- What is Nucor's steel mills — total assets?
- Nucor (NUE) reported steel mills — total assets of $18.78B in Q1 2026.
- How has Nucor's steel mills — total assets changed year-over-year?
- Nucor's steel mills — total assets increased by 10.8% year-over-year, from $16.95B to $18.78B.
- What is the long-term trend for Nucor's steel mills — total assets?
- Over 3 years (2021 to 2025), Nucor's steel mills — total assets has grown at a 13.6% compound annual growth rate (CAGR), from $48.56B to $71.15B.
- What does steel mills — total assets mean?
- The total value of assets dedicated to the company's steel manufacturing operations.