Nucor Q4 2024 net earnings fall to $287 million, or $1.22 per share, from $785 million
Nucor reported fourth-quarter 2024 net earnings attributable to stockholders of $287 million, or $1.22 per diluted share, down from $785 million, or $3.16 per share, a year earlier. Full-year 2024 net earnings were $2.03 billion, or $8.46 per share, versus $4.53 billion, or $18.00 per share, in 2023. The company said it expects lower overall net earnings in the first quarter of 2025 because of higher corporate, administrative and tax costs.
Key points
- Q4 2024 net sales were $7.08 billion, down 8% from $7.71 billion in Q4 2023 and down 5% from Q3 2024.
- Full-year 2024 net sales were $30.73 billion, down 11% from $34.71 billion in 2023.
- Q1 2025 outlook: steel mills and steel products earnings similar to Q4 2024; raw materials earnings expected to decrease; higher corporate, administrative and tax impacts may lower net earnings.
- Nucor repurchased about 13.1 million shares in 2024 and declared a $0.55 per share quarterly dividend payable February 11, 2025.
The filing
Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 27, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.