Nucor Reports Results for the Second Quarter of 2026
Rhea-AI Summary
Nucor (NYSE: NUE) reported second quarter 2026 net earnings attributable to stockholders of $1.16 billion, or $5.04 diluted EPS, and adjusted net earnings of $1.11 billion, or $4.84 per diluted share. Net sales were $10.40 billion, up 9% sequentially and 23% year over year.
Earnings before noncontrolling interests were $1.28 billion and EBITDA was $2.02 billion. Steel mills led the earnings increase, benefiting from higher average selling prices, higher volumes, and a $130 million reduction to cost of products sold. Nucor recorded a non‑cash, pre‑tax benefit of $61 million from its investment in Helion.
At quarter end, Nucor held $2.69 billion in cash, cash equivalents and short‑term investments, with an undrawn $2.25 billion revolver maturing in 2030. The company returned $479 million to stockholders in Q2 2026 and expects higher consolidated earnings in the third quarter of 2026.
Positive
- Q2 2026 net earnings $1.16B; diluted EPS $5.04
- Adjusted Q2 2026 net earnings $1.11B; adjusted diluted EPS $4.84
- Net sales $10.40B, up 9% vs Q1 2026 and 23% vs Q2 2025
- EBITDA $2.02B and earnings before noncontrolling interests $1.28B in Q2 2026
- Capital returns $479M to stockholders in Q2 2026; 1.53M shares repurchased at $228.76 average price
- Liquidity $2.69B cash and short-term investments plus undrawn $2.25B revolver due 2030; strongest sector credit ratings
Negative
- Pre-operating & start-up costs $120M in Q2 2026, up 11% vs Q1 2026
- Raw materials segment earnings expected to decrease in Q3 2026 due to lower margins
- Current portion of long-term debt and finance leases increased to $581M at July 4, 2026 from $90M at Dec. 31, 2025
Key Figures
Previous Earnings Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Apr 27 | Q1 earnings report | Positive | +4.7% | Higher earnings, sales, buyback authorization, dividend, and positive Q2 earnings outlook |
| Jan 26 | Q4 earnings report | Negative | -2.3% | Lower expected Q1 earnings followed quarterly results and reported impairment losses |
| Oct 27 | Q3 earnings report | Positive | +5.4% | Higher earnings and sales accompanied by strong shipments and shareholder returns |
| Jul 28 | Q2 earnings report | Positive | -2.7% | Improved earnings and shipments contrasted with a lower subsequent quarterly earnings outlook |
| Jun 18 | Q2 earnings guidance | Positive | +3.3% | Projected higher earnings across operating segments and continued shareholder returns |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Earnings-tagged announcements were aligned with the subsequent price reaction in four of five cases, including three positive reactions and one negative reaction.
Key Terms
ebitda financial
noncontrolling interests financial
non-gaap financial measures financial
revolving credit facility financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
Second Quarter of 2026 Highlights
- Net earnings attributable to Nucor stockholders of
, or$1.16 billion per diluted share$5.04 - Adjusted net earnings attributable to Nucor stockholders of
, or$1.11 billion per diluted share$4.84 - Net sales of
$10.40 billion - Net earnings before noncontrolling interests of
; EBITDA of$1.28 billion $2.02 billion
"Investment across key sectors of the
Earnings Before Income Taxes and Noncontrolling Interests by Segment (In millions)
Three Months (13 Weeks) Ended | Six Months (26 Weeks) Ended | |||||||||||||||||||
July 4, 2026 | April 4, 2026 | July 5, 2025 | July 4, 2026 | July 5, 2025 | ||||||||||||||||
Steel mills | $ | 1,556 | $ | 1,128 | $ | 843 | $ | 2,684 | $ | 1,074 | ||||||||||
Steel products | 353 | 276 | 392 | 629 | 680 | |||||||||||||||
Raw materials | 146 | 45 | 57 | 191 | 86 | |||||||||||||||
Corporate/eliminations | (430) | (353) | (393) | (783) | (656) | |||||||||||||||
$ | 1,625 | $ | 1,096 | $ | 899 | $ | 2,721 | $ | 1,184 | |||||||||||
Analysis of Second Quarter of 2026 Results Compared to the First Quarter of 2026
The increase in second quarter earnings was driven primarily by the increase in earnings in the steel mills segment, which experienced higher average selling prices and higher volumes. Additionally, the steel mills segment earnings included a reduction to cost of products sold in the amount of
Included in the second quarter of 2026 marketing, administrative and other expenses is a non-cash, pre-tax benefit of
Financial Strength
At the end of the second quarter of 2026, Nucor had
Commitment to Returning Capital to Stockholders
During the second quarter of 2026, Nucor repurchased approximately 1.53 million shares of its common stock at an average price of
On June 9, 2026, Nucor's Board of Directors declared a cash dividend of
Third Quarter of 2026 Outlook Compared to the Second Quarter of 2026
We expect higher consolidated reported earnings in the third quarter of 2026. In the steel mills segment we expect an increase in earnings due to higher realized pricing across all major product categories with stable volumes. In the steel products segment, we expect increased earnings due to both higher volumes and higher realized pricing. The raw materials segment is expected to have decreased earnings due to lower margins.
Earnings Conference Call
An earnings call is scheduled for July 28, 2026 at 10:00 a.m. Eastern Time to review Nucor's second quarter of 2026 financial results and provide a business update. The call can be accessed via webcast from the Investor Relations section of Nucor's website (nucor.com/investors). A presentation with supplemental information to accompany the call has been posted to Nucor's Investor Relations website. A playback of the webcast will be posted to the same site within one day of the live event.
About Nucor
Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; overhead doors; steel grating; wire and wire mesh; and utility structures. Nucor, through The David J. Joseph Company and its affiliates, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America's largest recycler.
Non-GAAP Financial Measures
The Company uses certain non-GAAP (Generally Accepted Accounting Principles) financial measures in this news release, including EBITDA, adjusted net earnings attributable to Nucor stockholders and adjusted net earnings per diluted share. Generally, a non-GAAP financial measure is a numerical measure of a company's performance or financial position that either excludes or includes amounts that are not normally excluded or included in the most directly comparable financial measure calculated and presented in accordance with GAAP.
We define EBITDA as net earnings before noncontrolling interests, adding back the following items: interest expense (income), net; provision for income taxes; losses and impairments of assets; depreciation; and amortization. For the second quarter of 2026, we define adjusted net earnings attributable to Nucor stockholders as net earnings attributable to Nucor stockholders subtracting certain non-cash benefits (in this case, the increase in the value of our investment in Helion), net of tax. We define adjusted net earnings per diluted share as net earnings per diluted share subtracting certain non-cash benefits (in this case, the per diluted share impact of the increase in the value of our investment in Helion), net of tax. Please note that other companies might define their non-GAAP financial measures differently than we do.
Management presents the non-GAAP financial measures of EBITDA, adjusted net earnings attributable to Nucor stockholders and adjusted net earnings per diluted share in this news release because it considers them to be important supplemental measures of performance. Management believes that these non-GAAP financial measures provide additional insight for analysts and investors evaluating the Company's financial and operational performance by providing a consistent basis of comparison across periods.
Forward-Looking Statements
Certain statements contained in this news release are "forward-looking statements" that involve risks and uncertainties which we expect will or may occur in the future and may impact our business, financial condition and results of operations. The words "anticipate," "believe," "expect," "intend," "project," "may," "will," "should," "could" and similar expressions are intended to identify those forward-looking statements. These forward-looking statements reflect the Company's best judgment based on current information, and, although we base these statements on circumstances that we believe to be reasonable when made, there can be no assurance that future events will not affect the accuracy of such forward-looking information. As such, the forward-looking statements are not guarantees of future performance, and actual results may vary materially from the projected results and expectations discussed in this news release. Factors that might cause the Company's actual results to differ materially from those anticipated in forward-looking statements include, but are not limited to: (1) competitive pressure on sales and pricing, including pressure from imports and substitute materials; (2) U.S. and foreign trade policies affecting steel imports or exports; (3) the sensitivity of the results of our operations to general market conditions, and in particular, prevailing market steel prices and changes in the supply and cost of raw materials, including pig iron, iron ore and scrap steel; (4) the availability and cost of electricity and natural gas, which could negatively affect our cost of steel production or result in a delay or cancellation of existing or future drilling within our natural gas drilling programs; (5) critical equipment failures and business interruptions; (6) market demand for steel products, which, in the case of many of our products, is driven by the level of nonresidential construction activity in the United States; (7) impairment in the recorded value of inventory, equity investments, fixed assets, goodwill or other long-lived assets; (8) uncertainties and volatility surrounding the global economy, including excess world capacity for steel production, inflation and interest rate changes; (9) fluctuations in currency conversion rates; (10) significant changes in laws or government regulations affecting environmental compliance, including legislation and regulations that result in greater regulation of greenhouse gas emissions that could increase our energy costs, capital expenditures and operating costs or cause one or more of our permits to be revoked or make it more difficult to obtain permit modifications; (11) the cyclical nature of the steel industry; (12) capital investments and their impact on our performance; (13) our safety performance; (14) our ability to integrate businesses we acquire; and (15) the impact of any pandemic or public health situation. These and other factors are discussed in Nucor's regulatory filings with the United States Securities and Exchange Commission, including those in "Item 1A. Risk Factors" of Nucor's Annual Report on Form 10-K for the year ended December 31, 2025. The forward-looking statements contained in this news release speak only as of this date, and Nucor does not assume any obligation to update them, except as may be required by applicable law.
Consolidated Financial Statements
Nucor Corporation Condensed Consolidated Statements of Earnings (Unaudited) | ||||||||||||||||||||
(In millions, except per share amounts) | ||||||||||||||||||||
Three Months (13 Weeks) Ended | Six Months (26 Weeks) Ended | |||||||||||||||||||
July 4, 2026 | April 4, 2026 | July 5, 2025 | July 4, 2026 | July 5, 2025 | ||||||||||||||||
Net sales | $ | 10,397 | $ | 9,496 | $ | 8,456 | $ | 19,893 | $ | 16,286 | ||||||||||
Costs, expenses and other: | ||||||||||||||||||||
Cost of products sold | 8,363 | 7,995 | 7,233 | 16,358 | 14,458 | |||||||||||||||
Marketing, administrative and other expenses | 405 | 378 | 304 | 783 | 585 | |||||||||||||||
Equity in earnings of unconsolidated affiliates | (8) | (7) | (10) | (15) | (14) | |||||||||||||||
Losses and impairments of assets | - | 15 | 11 | 15 | 40 | |||||||||||||||
Interest expense (income), net | 12 | 19 | 19 | 31 | 33 | |||||||||||||||
8,772 | 8,400 | 7,557 | 17,172 | 15,102 | ||||||||||||||||
Earnings before income taxes and noncontrolling | 1,625 | 1,096 | 899 | 2,721 | 1,184 | |||||||||||||||
Provision for income taxes | 345 | 226 | 193 | 571 | 252 | |||||||||||||||
Net earnings before noncontrolling interests | 1,280 | 870 | 706 | 2,150 | 932 | |||||||||||||||
Earnings attributable to noncontrolling interests | 124 | 127 | 103 | 251 | 173 | |||||||||||||||
Net earnings attributable to Nucor stockholders | $ | 1,156 | $ | 743 | $ | 603 | $ | 1,899 | $ | 759 | ||||||||||
Net earnings per share: | ||||||||||||||||||||
Basic | $ | 5.05 | $ | 3.23 | $ | 2.60 | $ | 8.28 | $ | 3.26 | ||||||||||
Diluted | $ | 5.04 | $ | 3.23 | $ | 2.60 | $ | 8.27 | $ | 3.26 | ||||||||||
Average shares outstanding: | ||||||||||||||||||||
Basic | 228.2 | 228.9 | 230.6 | 228.6 | 231.7 | |||||||||||||||
Diluted | 228.5 | 229.3 | 230.8 | 228.9 | 231.9 | |||||||||||||||
Nucor Corporation Condensed Consolidated Balance Sheets (Unaudited) | ||||||||
(In millions) | ||||||||
July 4, 2026 | Dec. 31, 2025 | |||||||
ASSETS | ||||||||
Current assets: | ||||||||
Cash and cash equivalents | $ | 2,478 | $ | 2,260 | ||||
Short-term investments | 214 | 439 | ||||||
Accounts receivable, net | 4,045 | 3,105 | ||||||
Inventories, net | 6,020 | 5,462 | ||||||
Other current assets | 399 | 499 | ||||||
Total current assets | 13,156 | 11,765 | ||||||
Property, plant and equipment, net | 15,863 | 15,306 | ||||||
Goodwill | 4,289 | 4,297 | ||||||
Other intangible assets, net | 2,754 | 2,880 | ||||||
Other assets | 892 | 856 | ||||||
Total assets | $ | 36,954 | $ | 35,104 | ||||
LIABILITIES | ||||||||
Current liabilities: | ||||||||
Short-term debt | $ | 129 | $ | 122 | ||||
Current portion of long-term debt and finance lease obligations | 581 | 90 | ||||||
Accounts payable | 2,357 | 1,890 | ||||||
Salaries, wages and related accruals | 1,002 | 882 | ||||||
Accrued expenses and other current liabilities | 1,177 | 1,020 | ||||||
Total current liabilities | 5,246 | 4,004 | ||||||
Long-term debt and finance lease obligations due after one year | 6,389 | 6,909 | ||||||
Deferred credits and other liabilities | 2,053 | 2,067 | ||||||
Total liabilities | 13,688 | 12,980 | ||||||
Commitments and contingencies | ||||||||
EQUITY | ||||||||
Nucor stockholders' equity: | ||||||||
Common stock | 152 | 152 | ||||||
Additional paid-in capital | 2,207 | 2,253 | ||||||
Retained earnings | 33,146 | 31,504 | ||||||
Accumulated other comprehensive loss, | (214) | (194) | ||||||
Treasury stock | (13,182) | (12,779) | ||||||
Total Nucor stockholders' equity | 22,109 | 20,936 | ||||||
Noncontrolling interests | 1,157 | 1,188 | ||||||
Total equity | 23,266 | 22,124 | ||||||
Total liabilities and equity | $ | 36,954 | $ | 35,104 | ||||
Nucor Corporation Condensed Consolidated Statements of Cash Flows (Unaudited) | ||||||||
(In millions) | ||||||||
Six Months (26 Weeks) Ended | ||||||||
July 4, 2026 | July 5, 2025 | |||||||
Operating activities: | ||||||||
Net earnings before noncontrolling interests | $ | 2,150 | $ | 932 | ||||
Adjustments: | ||||||||
Depreciation | 641 | 606 | ||||||
Amortization | 126 | 128 | ||||||
Impairment of assets | 15 | 20 | ||||||
Stock-based compensation | 91 | 78 | ||||||
Deferred income taxes | (61) | (17) | ||||||
Distributions from affiliates | 7 | 6 | ||||||
Equity in earnings of unconsolidated affiliates | (15) | (14) | ||||||
Changes in assets and liabilities (exclusive of acquisitions and dispositions): | ||||||||
Accounts receivable | (952) | (706) | ||||||
Inventories | (560) | (352) | ||||||
Accounts payable | 454 | 375 | ||||||
Federal income taxes | 110 | 135 | ||||||
Salaries, wages and related accruals | 130 | (135) | ||||||
Other operating activities | 150 | 40 | ||||||
Cash provided by operating activities | 2,286 | 1,096 | ||||||
Investing activities: | ||||||||
Capital expenditures | (1,232) | (1,813) | ||||||
Investment in and advances to affiliates | (2) | (1) | ||||||
Disposition of plant and equipment | 21 | 39 | ||||||
Acquisitions (net of cash acquired) | - | (1) | ||||||
Purchases of investments | (157) | (666) | ||||||
Proceeds from the sale of investments | 382 | 717 | ||||||
Divestiture of affiliate | 3 | - | ||||||
Other investing activities | 29 | 2 | ||||||
Cash used in investing activities | (956) | (1,723) | ||||||
Financing activities: | ||||||||
Net change in short-term debt | 6 | (68) | ||||||
Repayment of long-term debt | (37) | (1,007) | ||||||
Proceeds from issuance of long-term debt, net of discount | 15 | 997 | ||||||
Bond issuance costs | - | (9) | ||||||
Proceeds from exercise of stock options | 14 | - | ||||||
Payment of tax withholdings on certain stock-based compensation | (77) | (31) | ||||||
Distributions to noncontrolling interests | (282) | (214) | ||||||
Cash dividends | (258) | (258) | ||||||
Acquisition of treasury stock | (475) | (500) | ||||||
Proceeds from government incentives | - | 77 | ||||||
Other financing activities | (10) | 17 | ||||||
Cash used in financing activities | (1,104) | (996) | ||||||
Effect of exchange rate changes on cash | (8) | 11 | ||||||
Increase (decrease) in cash and cash equivalents | 218 | (1,612) | ||||||
Cash and cash equivalents - beginning of year | 2,260 | 3,558 | ||||||
Cash and cash equivalents - end of six months | $ | 2,478 | $ | 1,946 | ||||
Non-cash investing activity: | ||||||||
Change in accrued plant and equipment purchases | $ | 15 | $ | (27) | ||||
Select Financial and Operational Data
(Dollars in millions, tons in thousands, per unit amounts as noted) | ||||||||||||||||||||||||||||||||
Three Months (13 Weeks) Ended | Six Months (26 Weeks) Ended | |||||||||||||||||||||||||||||||
July 4, | April 4, | % Change | July 5, 2025 | Year Ago % | July 4, | July 5, | % Change | |||||||||||||||||||||||||
Consolidated Financial & Operational Data | ||||||||||||||||||||||||||||||||
Net Sales | $ | 10,397 | $ | 9,496 | 9 | % | $ | 8,456 | 23 | % | $ | 19,893 | $ | 16,286 | 22 | % | ||||||||||||||||
External Average Sales Price per Ton | $ | 1,367 | $ | 1,279 | 7 | % | $ | 1,240 | 10 | % | $ | 1,323 | $ | 1,193 | 11 | % | ||||||||||||||||
Sales Tons to External Customers | 7,605 | 7,427 | 2 | % | 6,820 | 12 | % | 15,032 | 13,650 | 10 | % | |||||||||||||||||||||
Pre-Operating & Start-Up Costs | $ | 120 | $ | 108 | 11 | % | $ | 136 | -12 | % | $ | 228 | $ | 306 | -25 | % | ||||||||||||||||
Pre-Operating & Start-Up Costs per Diluted | $ | 0.40 | $ | 0.36 | $ | 0.45 | $ | 0.76 | $ | 1.00 | ||||||||||||||||||||||
Number of Days in Period | 91 | 94 | 91 | 185 | 186 | |||||||||||||||||||||||||||
Steel Mills Segment Data | ||||||||||||||||||||||||||||||||
Total Shipments | 7,100 | 7,046 | 1 | % | 6,474 | 10 | % | 14,146 | 12,937 | 9 | % | |||||||||||||||||||||
Sales Tons to External Customers | 5,659 | 5,619 | 1 | % | 5,044 | 12 | % | 11,278 | 10,270 | 10 | % | |||||||||||||||||||||
Percentage of Sales to Internal Customers | 20 | % | 20 | % | 22 | % | 20 | % | 21 | % | ||||||||||||||||||||||
External Average Sales Price per Ton | $ | 1,145 | $ | 1,074 | 7 | % | $ | 1,041 | 10 | % | $ | 1,110 | $ | 989 | 12 | % | ||||||||||||||||
Average Scrap/Scrap Substitute Cost per Gross | $ | 422 | $ | 404 | 4 | % | $ | 403 | 5 | % | $ | 413 | $ | 398 | 4 | % | ||||||||||||||||
Utilization | 91 | % | 86 | % | 85 | % | 88 | % | 82 | % | ||||||||||||||||||||||
Steel Products Segment Data | ||||||||||||||||||||||||||||||||
Sales Tons to External Customers | 1,285 | 1,159 | 11 | % | 1,141 | 13 | % | 2,444 | 2,189 | 12 | % | |||||||||||||||||||||
Average Sales Price per Ton | $ | 2,415 | $ | 2,405 | 0 | % | $ | 2,331 | 4 | % | $ | 2,410 | $ | 2,313 | 4 | % | ||||||||||||||||
Tonnage Data (in thousands) | Three Months (13 Weeks) Ended | Six Months (26 Weeks) Ended | ||||||||||||||||||||||||||||||
July 4, 2026 | April 4, 2026 | % | July 5, 2025 | Year Ago | July 4, 2026 | July 5, 2025 | % | |||||||||||||||||||||||||
Steel mills total shipments: | ||||||||||||||||||||||||||||||||
Sheet | 3,291 | 3,394 | -3 | % | 3,057 | 8 | % | 6,685 | 6,038 | 11 | % | |||||||||||||||||||||
Bars | 2,387 | 2,308 | 3 | % | 2,148 | 11 | % | 4,695 | 4,438 | 6 | % | |||||||||||||||||||||
Structural | 628 | 649 | -3 | % | 635 | -1 | % | 1,277 | 1,212 | 5 | % | |||||||||||||||||||||
Plate | 757 | 647 | 17 | % | 606 | 25 | % | 1,404 | 1,183 | 19 | % | |||||||||||||||||||||
Other | 37 | 48 | -23 | % | 28 | 32 | % | 85 | 66 | 29 | % | |||||||||||||||||||||
7,100 | 7,046 | 1 | % | 6,474 | 10 | % | 14,146 | 12,937 | 9 | % | ||||||||||||||||||||||
Sales tons to outside customers: | ||||||||||||||||||||||||||||||||
Steel mills | 5,659 | 5,619 | 1 | % | 5,044 | 12 | % | 11,278 | 10,270 | 10 | % | |||||||||||||||||||||
Joist and deck | 198 | 185 | 7 | % | 217 | -9 | % | 383 | 399 | -4 | % | |||||||||||||||||||||
Rebar fabrication products | 344 | 291 | 18 | % | 306 | 12 | % | 635 | 553 | 15 | % | |||||||||||||||||||||
Tubular products | 338 | 318 | 6 | % | 243 | 39 | % | 656 | 513 | 28 | % | |||||||||||||||||||||
Building Systems | 59 | 55 | 7 | % | 64 | -8 | % | 114 | 112 | 2 | % | |||||||||||||||||||||
Other steel products | 346 | 310 | 12 | % | 311 | 11 | % | 656 | 612 | 7 | % | |||||||||||||||||||||
Raw materials | 661 | 649 | 2 | % | 635 | 4 | % | 1,310 | 1,191 | 10 | % | |||||||||||||||||||||
7,605 | 7,427 | 2 | % | 6,820 | 12 | % | 15,032 | 13,650 | 10 | % | ||||||||||||||||||||||
Non-GAAP Financial Measures | ||||||||||||||||||||
Reconciliation of EBITDA (Unaudited) | ||||||||||||||||||||
(In millions) | ||||||||||||||||||||
Three Months (13 Weeks) Ended | Six Months (26 Weeks) Ended | |||||||||||||||||||
July 4, 2026 | April 4, 2026 | July 5, 2025 | July 4, 2026 | July 5, 2025 | ||||||||||||||||
Net earnings before noncontrolling | $ | 1,280 | $ | 870 | $ | 706 | $ | 2,150 | $ | 932 | ||||||||||
Depreciation | 320 | 321 | 303 | 641 | 606 | |||||||||||||||
Amortization | 63 | 63 | 63 | 126 | 128 | |||||||||||||||
Losses and impairments of assets | - | 15 | 11 | 15 | 40 | |||||||||||||||
Interest expense (income), net | 12 | 19 | 19 | 31 | 33 | |||||||||||||||
Provision for income taxes | 345 | 226 | 193 | 571 | 252 | |||||||||||||||
EBITDA | $ | 2,020 | $ | 1,514 | $ | 1,295 | $ | 3,534 | $ | 1,991 | ||||||||||
Reconciliation of Adjusted Net Earnings Attributable to Nucor Stockholders (Unaudited) | ||||||||
(In millions, except per share data) | ||||||||
Three Months (13 Weeks) Ended | ||||||||
July 4, 2026 | ||||||||
Diluted EPS | ||||||||
Net earnings attributable to Nucor stockholders | $ | 1,156 | $ | 5.04 | ||||
Subtract non-cash benefit, net of tax | 46 | 0.20 | ||||||
Adjusted net earnings attributable to Nucor stockholders | $ | 1,110 | $ | 4.84 | ||||
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SOURCE Nucor Corporation