← NUCOR CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $796.3m | $1.3b | $2.4b | $1.3b | $721.5m | $6.8b | $7.6b | $4.5b | $2.0b | $1.7b | |
| Net Income (Loss) Available to Common Stockholders, Basic | $793.6m | $1.3b | $2.4b | $1.3b | $717.1m | $6.8b | $7.6b | $4.5b | $2.0b | $1.7b | |
| Net earnings before noncontrolling interests | $900.4m | $1.4b | $2.5b | $1.4b | $836.0m | $7.1b | $8.1b | $4.9b | $2.3b | $2.0b | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $104.1m | $61.9m | $120.3m | $99.8m | $114.6m | $294.9m | $472.3m | $388.0m | $292.0m | $294.0m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $900.4m | $1.4b | $2.5b | $1.4b | $836.0m | $7.1b | $8.1b | $4.9b | $2.3b | $2.0b | |
| Amortization | $73.9m | $91.2m | $88.8m | $85.7m | $83.4m | $129.2m | $234.9m | $237.7m | $262.0m | $254.0m | |
| Amortization of Intangible Assets | $73.9m | $91.2m | $88.8m | $85.7m | $83.4m | $129.2m | $234.9m | $237.7m | $262.0m | $254.0m | |
| Depreciation | $613.2m | $635.8m | $630.9m | $648.9m | $702.1m | $735.4m | $826.7m | $930.6m | $1.1b | $1.2b | |
| Deferred Income Tax Expense (Benefit) | $71.5m | ($221.2m) | $3.0m | $99.2m | $162.8m | $11.7m | ($46.8m) | $21.4m | ($116.0m) | $161.0m | |
| Deferred income taxes | $71.5m | ($221.2m) | $3.0m | $99.2m | $162.8m | $11.7m | ($46.8m) | $21.4m | ($116.0m) | $161.0m | |
| Goodwill, Impairment Loss | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Losses and impairments of assets | — | — | $110.0m | $66.9m | $613.6m | $62.2m | $101.8m | — | $137.0m | $47.0m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $14.4m | $22.1m | $25.0m | $19.1m | $73.3m | $64.1m | $49.3m | $53.0m | $32.0m | |
| Share-based Payment Arrangement, Noncash Expense | $56.5m | $64.2m | $73.4m | $90.4m | $73.9m | $135.8m | $136.8m | $130.2m | $132.0m | $133.0m | |
| Income (Loss) from Equity Method Investments | $38.8m | $41.7m | $40.2m | $3.3m | ($10.5m) | $103.1m | $10.7m | $12.8m | $30.0m | $35.0m | |
| Income Tax Expense (Benefit) | $398.2m | $369.4m | $748.3m | $411.9m | ($490k) | $2.1b | $2.2b | $1.4b | $583.0m | $530.0m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Accounts payable | $236.8m | $314.8m | $235.6m | ($253.5m) | $250.6m | $383.4m | ($496.2m) | $361.1m | ($321.0m) | $80.0m | |
| Accounts receivable | ($217.7m) | ($329.5m) | ($485.4m) | $361.3m | ($129.3m) | ($1.4b) | $501.2m | $663.8m | $319.0m | ($428.0m) | |
| Acquisition of treasury stock | ($5.2m) | ($90.3m) | ($854.0m) | ($298.5m) | ($39.5m) | ($3.3b) | ($2.8b) | ($1.6b) | ($2.2b) | ($700.0m) | |
| Acquisitions (net of cash acquired) | ($474.8m) | ($544.0m) | ($33.1m) | ($83.1m) | ($88.1m) | ($1.4b) | ($3.6b) | ($70.8m) | ($758.0m) | ($2.0m) | |
| Bond issuance costs | — | — | ($7.6m) | — | ($6.2m) | — | ($13.1m) | — | — | ($9.0m) | |
| Cash used in financing activities | ($614.0m) | ($1.2b) | ($908.2m) | ($880.4m) | $285.9m | ($3.6b) | ($2.5b) | ($2.6b) | ($3.1b) | ($1.3b) | |
| Cash used in investing activities | ($1.0b) | ($918.9m) | ($1.0b) | ($1.8b) | ($1.8b) | ($2.9b) | ($5.7b) | ($2.5b) | ($3.7b) | ($3.2b) | |
| Change in accrued plant and equipment purchases | $12.8m | $58.5m | $14.7m | $34.8m | ($16.1m) | $78.4m | $4.6m | $1.1m | $115.0m | ($26.0m) | |
| Disposition of plant and equipment | $18.6m | $25.3m | $31.6m | $41.6m | $40.9m | $19.4m | $32.3m | $14.9m | $17.0m | $45.0m | |
| Distributions from affiliates | $40.6m | $49.3m | $30.2m | $37.5m | $10.5m | $200k | $57.1m | $33.6m | $25.0m | $46.0m | |
| Equity in earnings of unconsolidated affiliates | ($38.8m) | ($41.7m) | ($40.2m) | ($3.3m) | $10.5m | ($103.1m) | ($10.7m) | ($12.8m) | ($30.0m) | ($35.0m) | |
| Federal income taxes | $3.6m | ($107.6m) | $163.7m | ($180.3m) | ($197.3m) | $313.7m | ($337.4m) | $188.3m | $97.0m | $124.0m | |
| Goodwill | $2.1b | $2.2b | $2.2b | $2.2b | $2.2b | $2.8b | $3.9b | $4.0b | $4.3b | $4.3b | |
| Increase (Decrease) in Accounts Payable | $236.8m | $314.8m | $235.6m | ($253.5m) | $250.6m | $383.4m | ($496.2m) | $361.1m | ($321.0m) | $80.0m | |
| Increase (Decrease) in Accounts Receivable | $217.7m | $329.5m | $485.4m | ($361.3m) | $129.3m | $1.4b | ($501.2m) | ($663.8m) | ($319.0m) | $428.0m | |
| Increase (Decrease) in Inventories | $132.6m | $900.9m | $1.1b | ($712.6m) | ($284.1m) | $2.3b | ($962.4m) | $75.0m | ($518.0m) | $366.0m | |
| Inventories | ($132.6m) | ($900.9m) | ($1.1b) | $712.6m | $284.1m | ($2.3b) | $962.4m | ($75.0m) | $518.0m | ($366.0m) | |
| Investment Income, Interest | $11.9m | $13.7m | $25.7m | $35.9m | $13.4m | $4.3m | $48.7m | $275.6m | $258.0m | $111.0m | |
| Investment in and advances to affiliates | ($63.2m) | ($59.0m) | ($121.4m) | ($45.8m) | ($44.4m) | ($237k) | ($258k) | ($35.1m) | — | ($1.0m) | |
| Net change in short-term debt | ($33.4m) | $34.9m | $5.0m | $4.6m | ($4.5m) | $49.8m | ($58.6m) | ($24.9m) | $105.0m | ($102.0m) | |
| Other operating activities | ($3.3m) | $32.6m | ($9.7m) | ($40.2m) | $37.1m | $142.4m | ($92.4m) | $11.0m | ($72.0m) | ($48.0m) | |
| Payment of tax withholdings on certain stock-based compensation | ($12.4m) | ($14.4m) | ($22.1m) | ($25.0m) | ($19.1m) | ($73.3m) | ($64.1m) | ($49.3m) | ($53.0m) | ($32.0m) | |
| Proceeds from Contributions from Affiliates | $40.6m | $49.3m | $30.2m | — | — | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | — | — | — | $16.1m | $11.8m | $145.3m | $22.9m | $11.7m | $4.0m | $5.0m | |
| Proceeds from exercise of stock options | — | — | — | $16.1m | $11.8m | $145.3m | $22.9m | $11.7m | $4.0m | $5.0m | |
| Proceeds from government incentives | — | — | — | — | — | — | $275.0m | — | — | $77.0m | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $25.1b | — | — | — | — | — | — | — | |
| Salaries, wages and related accruals | $133.5m | $83.6m | $204.8m | ($186.8m) | ($41.2m) | $997.0m | $155.0m | ($290.9m) | ($385.0m) | $2.0m | |
| Sale of business | — | — | — | — | — | — | $99.7m | — | $1.0m | — | |
| Stock or Unit Option Plan Expense | $7.8m | $8.2m | $4.6m | $4.7m | $2.7m | $3.8m | $5.4m | $4.7m | $5.0m | $5.0m | |
| Stock-based compensation | $56.5m | $64.2m | $73.4m | $90.4m | $73.9m | $135.8m | $136.8m | $130.2m | $132.0m | $133.0m | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($9.9m) | ($973k) | $132k | ($2.3m) | ($7.2m) | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $1.7b | $1.1b | $2.4b | $2.8b | $2.7b | $6.2b | $10.1b | $7.1b | $4.0b | $3.2b | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $604.8m | $448.6m | $982.5m | $1.5b | $1.5b | $1.6b | $1.9b | $2.2b | $3.2b | $3.4b | |
| Payments to Acquire Businesses, Net of Cash Acquired | $474.8m | $544.0m | $33.1m | $83.1m | $88.1m | $1.4b | $3.6b | $70.8m | $758.0m | $2.0m | |
| Payments to Acquire Investments | $650.0m | $50.0m | — | $367.7m | $488.5m | $493.9m | $913.9m | $1.5b | $1.3b | $985.0m | |
| Purchases of investments | ($650.0m) | ($50.0m) | — | ($367.7m) | ($488.5m) | ($493.9m) | ($913.9m) | ($1.5b) | ($1.3b) | ($985.0m) | |
| Proceeds from the sale of investments | $600.0m | $150.0m | $50.0m | $67.7m | $392.2m | $648.9m | $590.2m | $1.3b | $1.5b | $1.1b | |
| Other investing activities | $14.1m | $7.4m | $25.3m | $2.9m | ($33.2m) | $399k | ($9.6m) | ($37.0m) | ($12.0m) | ($1.0m) | |
| Payments for (Proceeds from) Other Investing Activities | ($14.1m) | ($7.4m) | ($25.3m) | ($2.9m) | $33.2m | ($399k) | $9.6m | $37.0m | $12.0m | $1.0m | |
| Net Cash Provided by (Used in) Investing Activities | ($1.0b) | ($918.9m) | ($1.0b) | ($1.8b) | ($1.8b) | ($2.9b) | ($5.7b) | ($2.5b) | ($3.7b) | ($3.2b) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | — | — | $995.7m | — | $1.2b | $197.0m | $2.1b | — | — | $1.2b | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $600.0m | $150.0m | $50.0m | $67.7m | $392.2m | $648.9m | $590.2m | $1.3b | $1.5b | $1.1b | |
| Proceeds from issuance of long-term debt, net of discount | — | — | $995.7m | — | $1.2b | $197.0m | $2.1b | — | — | $1.2b | |
| Repayment of long-term debt | — | ($600.0m) | ($500.0m) | — | ($97.2m) | — | ($1.1b) | ($10.0m) | ($10.0m) | ($1.0b) | |
| Repayments of Long-term Debt | — | $600.0m | $500.0m | — | $97.2m | — | $1.1b | $10.0m | $10.0m | $1.0b | |
| Proceeds from Issuance of Common Stock | $15.8m | $11.1m | $24.1m | $16.1m | $11.8m | — | — | — | — | — | |
| Payments for Repurchase of Common Stock | $5.2m | $90.3m | $854.0m | $298.5m | $39.5m | $3.3b | $2.8b | $1.6b | $2.2b | $700.0m | |
| Payments of Ordinary Dividends, Common Stock | $481.1m | $485.3m | $485.4m | $492.1m | $491.7m | $483.5m | $533.6m | $514.5m | $522.0m | $512.0m | |
| Distributions to noncontrolling interests | ($99.6m) | ($91.0m) | ($56.2m) | ($76.3m) | ($115.5m) | ($150.7m) | ($332.3m) | ($435.0m) | ($352.0m) | ($249.0m) | |
| Cash dividends | ($481) | ($485) | ($485) | ($492) | ($492) | ($483) | ($534) | ($515) | ($522) | ($512) | |
| Dividends Payable, Current | $121.3m | $121.8m | $123.4m | $122.9m | $123.9m | $137.6m | $130.5m | $133.6m | $129.0m | $129.0m | |
| Other financing activities | ($13.3m) | ($3.2m) | ($7.7m) | ($9.1m) | ($9.5m) | ($11.4m) | ($25.3m) | ($16.8m) | ($13.0m) | $5.0m | |
| Proceeds from (Payments for) Other Financing Activities | ($13.3m) | ($3.2m) | ($7.7m) | ($9.1m) | ($9.5m) | ($11.4m) | ($25.3m) | ($16.8m) | ($13.0m) | $5.0m | |
| Net Cash Provided by (Used in) Financing Activities | ($614.0m) | ($1.2b) | ($908.2m) | ($880.4m) | $285.9m | ($3.6b) | ($2.5b) | ($2.6b) | ($3.1b) | ($1.3b) | |
| Effect of exchange rate changes on cash | $8.0m | $9.0m | ($5.9m) | $907k | $1.9m | ($316k) | ($5.9m) | $2.9m | ($16.0m) | $9.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $106.5m | ($1.1b) | $449.8m | $135.7m | $1.2b | ($246.3m) | $1.9b | $2.0b | ($2.8b) | ($1.3b) | |
| (Decrease) increase in cash and cash equivalents and restricted cash and cash equivalents | $106.5m | ($1.1b) | $449.8m | $135.7m | $1.2b | ($246.3m) | $1.9b | $2.0b | ($2.8b) | ($1.3b) | |
| Cash and cash equivalents and restricted cash and cash equivalents - beginning of year | $2.0b | $949.1m | $1.4b | $1.5b | $2.8b | $2.5b | $4.4b | $6.4b | $3.6b | $2.3b | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Income Taxes Paid, Net | $329.3m | $699.8m | $561.1m | $525.2m | $50.3m | $1.7b | $2.6b | $1.1b | $508.0m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.