Business Segments · Depreciation
Steel Mills — Depreciation
Nucor Steel Mills — Depreciation increased by 3.4% to $213.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.9%, from $207.00M to $213.00M. Over 4 years (FY 2021 to FY 2025), Steel Mills — Depreciation shows an upward trend with a 14.8% CAGR.
Analysis
StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
Consistent depreciation levels indicate stable asset bases, while sudden spikes may reflect new large-scale capital projects coming online.
Detailed definition
This represents the systematic allocation of the cost of tangible assets in the steel mills segment over their useful li...
Peer comparison
Standard accounting metric for capital-intensive industries.
Metric ID:
nue_segment_steel_mills_depreciationHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $116.43M | $116.43M | $116.43M | $132.25M | $132.25M | $132.25M | $132.25M | $152.63M | $152.63M | $152.63M | $152.63M | $170.00M | $181.00M | $187.00M | $190.00M | $207.00M | $197.00M | $200.00M | $206.00M | $213.00M |
| QoQ Change | — | +0.0% | +0.0% | +13.6% | +0.0% | +0.0% | +0.0% | +15.4% | +0.0% | +0.0% | +0.0% | +11.4% | +6.5% | +3.3% | +1.6% | +8.9% | -4.8% | +1.5% | +3.0% | +3.4% |
| YoY Change | — | — | — | — | +13.6% | +13.6% | +13.6% | +15.4% | +15.4% | +15.4% | +15.4% | +11.4% | +18.6% | +22.5% | +24.5% | +21.8% | +8.8% | +7.0% | +8.4% | +2.9% |
Range$116.43M – $213.00M
CAGR+13.6%
Avg YoY Growth+14.3%
Median YoY Growth+14.5%
Current Streak3 quarters growth
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Frequently Asked Questions
- What is Nucor's steel mills — depreciation?
- Nucor (NUE) reported steel mills — depreciation of $213.00M in Q1 2026.
- How has Nucor's steel mills — depreciation changed year-over-year?
- Nucor's steel mills — depreciation increased by 2.9% year-over-year, from $207.00M to $213.00M.
- What is the long-term trend for Nucor's steel mills — depreciation?
- Over 4 years (2021 to 2025), Nucor's steel mills — depreciation has grown at a 14.8% compound annual growth rate (CAGR), from $465.73M to $810.00M.
- What does steel mills — depreciation mean?
- The non-cash expense representing the wear and tear of steel mill equipment.