Nucor NUE Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Total Segment Sales Intercompany And External by Business | ||||||
| Raw Materials | $3.76B+15.9% | $2.89B+5.9% | $3.29B+20.5% | $3.35B+21.8% | $3.24B+7.4% | |
| Steel Mills | $7.47B+24.9% | $5.91B+14.7% | $6.57B+20.7% | $6.61B+9.7% | $5.98B-6.8% | |
| Steel Products | $3.02B+18.1% | $2.64B+5.3% | $2.97B+13.4% | $2.81B-1.9% | $2.56B-3.7% | |
| Revenue by Business | ||||||
| Raw Materials | $3.09B+13.2% | $2.37B+4.3% | $2.71B+21.0% | $2.8B+25.4% | $2.73B+6.1% | |
| Steel Mills | $6.04B+23.0% | $4.69B+10.4% | $5.15B+15.5% | $5.25B+8.1% | $4.91B-5.1% | |
| Steel Products | $2.79B+15.8% | $2.47B+4.4% | $2.79B+11.8% | $2.66B-1.7% | $2.41B-4.4% | |
| Segment Reporting Other Item Amount by Business | ||||||
| Raw Materials | $40M+264% | —— | $21M-79.6% | $28M+27.3% | $11M-42.1% | |
| Steel Mills | $22M+214% | $58M+1,833% | -$2M-113% | $43M+169% | $7M-63.2% | |
| Steel Products | $73M+92.1% | $114M-14.3% | $147M+37.4% | $85M+9.0% | $38M-51.9% | |
| Cost of Goods Sold by Business | ||||||
| Raw Materials | $3.68B+14.7% | $2.87B+8.1% | $3.23B+19.8% | $3.26B+21.4% | $3.2B+7.1% | |
| Steel Mills | $6.32B+10.1% | $5.33B+7.1% | $5.78B+12.9% | $5.73B+6.7% | $5.74B+8.4% | |
| Steel Products | $2.66B+19.3% | $2.29B+12.2% | $2.51B+14.0% | $2.33B-0.4% | $2.23B+8.0% | |
| Segment Earnings Before Income Taxes And Noncontrolling Interests by Business | ||||||
| Raw Materials | $45M+55.2% | $24M-57.9% | $43M+165% | $57M+46.2% | $29M+222% | |
| Steel Mills | $1.13B+388% | $516M+205% | $793M+157% | $843M+30.7% | $231M-79.0% | |
| Steel Products | $285M-1.0% | $230M-30.1% | $319M+1.6% | $392M-11.3% | $288M-43.8% | |
| Total Assets by Business | ||||||
| Raw Materials | $4.1B+5.9% | $4.01B+9.8% | $3.9B+14.5% | $3.85B+10.6% | $3.87B+12.4% | |
| Steel Mills | $18.78B+10.8% | $18.35B+10.7% | $18.1B+12.3% | $17.74B+12.6% | $16.95B+9.0% | |
| Steel Products | $11.94B+5.8% | $11.77B+4.8% | $11.78B+2.3% | $11.7B+5.7% | $11.29B+2.5% | |
| Payments To Acquire Property Plant And Equipment Including Non Cash Adjustments For Capital Expenditures by Business | ||||||
| Raw Materials | $48M-59.3% | $70M-50.7% | $77M-26.0% | $118M+12.4% | $118M-7.1% | |
| Steel Mills | $440M-27.8% | $523M-15.6% | $586M-2.8% | $552M-10.1% | $609M+51.9% | |
| Steel Products | $130M-15.6% | $129M-7.2% | $137M-2.1% | $156M+31.1% | $154M+55.6% | |
| Goodwill by Business | ||||||
| Raw Materials | $797M0.0% | $797M0.0% | $797M+3.3% | $797M+3.3% | $797M+3.4% | |
| Steel Mills | $675M0.0% | $675M0.0% | $675M0.0% | $675M0.0% | $675M0.0% | |
| Steel Products | $2.82B+0.3% | $2.83B+0.3% | $2.82B+926% | $2.83B+10.7% | $2.82B+12.2% | |
| Depreciation by Business | ||||||
| Raw Materials | $48M-5.9% | $53M+6.0% | $53M+3.9% | $54M+12.5% | $51M+6.3% | |
| Steel Mills | $213M+2.9% | $206M+8.4% | $200M+7.0% | $197M+8.8% | $207M+21.8% | |
| Steel Products | $54M+35.0% | $50M+25.0% | $46M+21.1% | $46M+24.3% | $40M+14.3% | |
| Adjustment For Amortization by Business | ||||||
| Raw Materials | $7M0.0% | $7M0.0% | $8M+14.3% | $7M0.0% | $7M0.0% | |
| Steel Mills | $2M0.0% | $2M0.0% | $2M0.0% | $2M0.0% | $2M0.0% | |
| Steel Products | $54M-3.6% | $54M-15.6% | $53M-11.7% | $54M+3.8% | $56M+12.0% | |
| Revenue by Product | ||||||
| Bar | $1.69B+13.2% | $1.38B+12.0% | $1.46B+15.3% | $1.4B+2.6% | $1.49B+11.8% | |
| Building Systems | $336M+20.9% | $303M-8.5% | $331M-3.2% | $337M-6.6% | $278M-11.5% | |
| Joist And Deck | $455M-8.6% | $535M+4.1% | $620M+19.9% | $564M-5.7% | $498M-16.9% | |
| Other Steel Products | $988M+15.3% | $836M+1.6% | $940M+9.4% | $889M-5.1% | $857M+4.1% | |
| Plate | $703M+25.1% | $595M+18.8% | $649M+39.9% | $686M+26.6% | $562M+9.6% | |
| Raw Materials | $674M+30.1% | $522M+13.7% | $578M+18.2% | $546M+5.8% | $518M+14.9% | |
| Rebar Fabrication | $479M+17.4% | —— | —— | $487M+5.4% | $408M-1.0% | |
| Sheet | $2.79B+26.3% | $2.08B+7.1% | $2.39B+8.7% | $2.48B+3.3% | $2.21B-18.5% | |
| Structural | $853M+32.5% | $636M+11.4% | $658M+23.0% | $694M+24.2% | $644M+5.4% | |
| Tubular Products | $528M+45.1% | $352M+22.6% | $333M+14.4% | $380M+10.1% | $364M-1.4% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Nucor break its business down?
- Nucor (NUE) reports total segment sales intercompany and external by business across 3 parts — Raw Materials, Steel Mills and Steel Products. Each is extracted from the segment footnotes and tracked over time.
- Where does Nucor's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Nucor's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
