Operating
Depreciation
Nucor Depreciation increased by 1.6% to $321M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.9%, from $303M to $321M. Over 4 years (FY 2021 to FY 2025), Depreciation shows an upward trend with a 13.6% CAGR.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026May 13, 2026
How to read this metric
High depreciation relative to capital expenditure may signal aging assets, while low depreciation may indicate recent heavy investment.
Detailed definition
Depreciation is a non-cash accounting expense that allocates the cost of tangible assets over their useful lives. Becaus...
Peer comparison
High in capital-intensive industries like steel manufacturing compared to service-based sectors.
Metric ID:
operating_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 | $182.67M | $184.13M | $188.79M | $195.48M | $201.79M | $212.66M | $217.07M | $221.09M | $227.75M | $232.32M | $249.85M | $257M | $271M | $281M | $285M | $303M | $303M | $304M | $316M | $321M |
| QoQ Change | — | +0.8% | +2.5% | +3.5% | +3.2% | +5.4% | +2.1% | +1.9% | +3.0% | +2.0% | +7.5% | +2.9% | +5.4% | +3.7% | +1.4% | +6.3% | +0.0% | +0.3% | +3.9% | +1.6% |
| YoY Change | — | — | — | — | +10.5% | +15.5% | +15.0% | +13.1% | +12.9% | +9.2% | +15.1% | +16.2% | +19.0% | +21.0% | +14.1% | +17.9% | +11.8% | +8.2% | +10.9% | +5.9% |
Range$182.67M – $321M
CAGR+12.6%
Avg YoY Growth+13.5%
Median YoY Growth+13.6%
Current Streak19+ quarters growth
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Steel Mills | $181M | $187M | $190M | $207M | $197M | $200M | $206M | $213M |
| Steel Products | $37M | $38M | $40M | $40M | $46M | $46M | $50M | $54M |
| Raw Materials | $48M | $51M | $50M | $51M | $54M | $53M | $53M | $48M |
| Total | $271M | $281M | $285M | $303M | $303M | $304M | $316M | $321M |
Depreciation at Other Companies
Frequently Asked Questions
- What is Nucor's depreciation?
- Nucor (NUE) reported depreciation of $321M in Q1 2026.
- How has Nucor's depreciation changed year-over-year?
- Nucor's depreciation increased by 5.9% year-over-year, from $303M to $321M.
- What is the long-term trend for Nucor's depreciation?
- Over 4 years (2021 to 2025), Nucor's depreciation has grown at a 13.6% compound annual growth rate (CAGR), from $735.41M to $1.23B.
- What does depreciation mean?
- The non-cash expense representing the wear and tear of physical assets like machinery and buildings.