Skip to content

Nucor NUE Business Segments

FY'25FY'24FY'23FY'22
Total Segment Sales Intercompany And External by Business
Raw Materials$12.77B+13.7%$11.23B-7.4%$12.12B-24.1%$15.98B
Steel Mills$25.07B+8.8%$23.04B-7.5%$24.91B-17.1%$30.05B
Steel Products$10.97B+3.1%$10.64B-19.5%$13.22B-15.3%$15.61B
Revenue by Business
Raw Materials$10.61B+13.9%$9.31B-9.2%$10.26B-25.2%$13.72B-13.0%
Steel Mills$20B+6.8%$18.74B-6.8%$20.09B-16.9%$24.19B+0.2%
Steel Products$10.33B+2.4%$10.09B-21.0%$12.76B-15.3%$15.06B+54.8%
Segment Reporting Other Item Amount by Business
Steel Mills$106M+100%$53M-27.4%$73M-18.9%$90M
Steel Products$384M-3.3%$397M-4.1%$414M+37.5%$301M
Cost of Goods Sold by Business
Raw Materials$12.56B+13.9%$11.03B-6.4%$11.79B-9.5%$13.02B
Steel Mills$22.58B+8.7%$20.77B-1.7%$21.12B-7.2%$22.76B
Steel Products$9.36B+8.2%$8.64B-7.6%$9.36B-16.6%$11.21B
Segment Earnings Before Income Taxes And Noncontrolling Interests by Business
Raw Materials$153M+292%$39M-84.6%$254M-48.9%$497M
Steel Mills$2.38B+7.1%$2.23B-40.1%$3.71B-48.4%$7.2B
Steel Products$1.23B-23.0%$1.6B-53.6%$3.44B-15.9%$4.09B
Total Assets by Business
Raw Materials$15.63B+11.8%$13.98B+2.9%$13.59B-5.5%$14.39B-5.0%
Steel Mills$71.15B+11.1%$64.02B+8.4%$59.08B+0.9%$58.55B+20.6%
Steel Products$46.54B+3.8%$44.83B-0.2%$44.92B-0.4%$45.12B+75.6%
Payments To Acquire Property Plant And Equipment Including Non Cash Adjustments For Capital Expenditures by Business
Raw Materials$383M-19.9%$478M+35.4%$353M+94.0%$182M+41.3%
Steel Mills$2.27B+1.4%$2.24B+55.4%$1.44B-0.9%$1.45B+8.7%
Steel Products$576M+15.9%$497M+35.4%$367M+37.5%$267M+42.7%
Goodwill by Business
Raw Materials$3.19B+2.5%$3.11B+4.2%$2.98B-0.5%$3B+0.5%
Steel Mills$2.7B0.0%$2.7B0.0%$2.7B-0.3%$2.71B+10.4%
Steel Products$11.29B+38.4%$8.15B-18.8%$10.05B+33.9%$7.51B+61.2%
Depreciation by Business
Raw Materials$211M+7.1%$197M+13.2%$174M+1.8%$171M+7.0%
Steel Mills$810M+11.3%$728M+19.1%$611M+15.5%$529M+13.6%
Steel Products$182M+21.3%$150M+14.5%$131M+12.9%$116M+16.9%
Adjustment For Amortization by Business
Raw Materials$29M+3.6%$28M0.0%$28M0.0%$28M-0.6%
Steel Mills$8M0.0%$8M0.0%$8M0.0%$8M+2.2%
Steel Products$217M-4.0%$226M+11.9%$202M+1.5%$199M+114%
Revenue by Product
Bar$5.72B+10.3%$5.19B-13.4%$5.99B-14.8%$7.03B+16.4%
Building Systems$1.25B-7.3%$1.35B-2.0%$1.38B-23.3%$1.79B
Joist And Deck$2.22B-0.5%$2.23B-43.2%$3.92B
Other Steel Products$3.52B+2.3%$3.44B-6.7%$3.69B-9.1%$4.06B+26.1%
Plate$2.49B+23.4%$2.02B-19.9%$2.52B-9.6%$2.79B-1.4%
Raw Materials$2.16B+13.0%$1.92B+2.8%$1.86B-17.7%$2.26B-13.4%
Sheet$9.16B-1.0%$9.25B+1.1%$9.15B-20.0%$11.44B-9.8%
Structural$2.63B+15.6%$2.28B-6.3%$2.43B-17.0%$2.93B+12.7%
Tubular Products$1.43B+10.6%$1.29B-18.6%$1.59B-22.3%$2.04B-6.9%

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.