Filing Flows › Nucor (NUE) › Q1 2025
Nucor (NUE) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 14, 2025
Nucor (NUE) reported revenue of $7.8B for the first quarter 2025 (Q1 2025), -4% from a year earlier and +11% from the quarter before. Operating margin was 3.6%, net earnings $156M (2.0% of revenue).
Nucor, Q1 2025: revenue $7.8B (-4% year over year), operating margin 3.6%, net earnings $156M, operating cash flow $364M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.8B | +11% | -4% |
| Operating profit | $285M | -27% | -77% |
| Net earnings | $156M | -46% | -82% |
| Operating cash flow | $364M | -50% | -21% |
What changed
Revenue was $7.8B in Q1 2025, down 4% year over year and up 11% from the previous quarter. Sheet was the largest line at 28% of revenue. Sheet lost $0.50B year over year (down 18%), 163% of the total change.
Operating profit was $0.28B, a 3.6% margin (down 11.4 points year over year). Net earnings were $0.16B, down 82% year over year. The effective tax rate was 20.7%.
Operating cash flow was $0.36B (down 21% year over year), 161% of net income including minority interests. Non-cash charges added back $0.37B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items used $0.26B. Capital expenditures of $0.86B exceeded it, leaving free cash flow of −$0.49B.
Questions
What was Nucor's revenue in the first quarter 2025?
Nucor (NUE) reported revenue of $7.8B for the first quarter 2025 (Q1 2025), -4% from a year earlier and +11% from the quarter before.
Was Nucor profitable in the first quarter 2025?
Operating profit was $285M (3.6% of revenue) and net earnings $156M.
Source: Nucor 10-Q on SEC EDGAR.