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Nucor NUE Steel Products — Depreciation

Other segment segments

Steel Mills
$213M+2.9%
Raw Materials
$48M-5.9%

Similar metrics at other companies

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CLFSteelmaking — Depreciation, depletion and amortization
$251M-8.4%
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STLDSteel Operations — D&A
$106.06M+7.2%
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CMCEurope Steel Group — D&A
$9.03M+10.0%
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HZOProduct Manufacturing — Depreciation
$1.97M+1.0%
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STLDSteel Fabrication Operations — D&A
$3.65M+23.5%
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RRXIndustrial Powertrain Solutions — Depreciation
$16.9M-13.8%

Other financials

Income statement

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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$56.68B+97.6%
Enterprise value$54.59B+113%
P/E24.3×+2.9×
P/S1.7×+0.7×

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×
Current ratio2.9×+0.4×

Where this comes from

Reported directly by Nucor in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

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 steel products — depreciation?
Nucor (NUE) reported steel products — depreciation of $54M in Q1 2026.
How has Nucor's steel products — depreciation changed year-over-year?
Nucor's steel products — depreciation increased by 35.0% year-over-year, from $40M to $54M.
What is the long-term trend for Nucor's steel products — depreciation?
Over 4 years (2021 to 2025), Nucor's steel products — depreciation has grown at a 16.4% compound annual growth rate (CAGR), from $99.25M to $182M.
What does steel products — depreciation mean?
This represents the systematic allocation of the cost of tangible assets within the Steel Products segment over their useful lives. It reflects the wear and tear of machinery and facilities used in the production process. High depreciation levels often correlate with significant capital investment in production infrastructure.