NUE

EX-99.1

2 d129328dex991.htm

EX-99.1

EX-99.1

Exhibit 99.1

News Release

Nucor Reports Results for the Third Quarter of 2026

Third Quarter of 2026 Highlights

•

Net earnings attributable to Nucor stockholders of $1.32 billion, or $5.80 per diluted share

•

Net sales of $11.25 billion

•

Net earnings before noncontrolling interests of $1.47 billion; EBITDA of $2.28 billion

CHARLOTTE, N.C. – October 26, 2026 - Nucor Corporation (NYSE: NUE) today announced consolidated net earnings attributable to Nucor stockholders of $1.32 billion, or $5.80 per diluted share, for the third quarter of 2026. By comparison, Nucor reported consolidated net earnings attributable to Nucor stockholders of $1.16 billion, or $5.04 per diluted share, and adjusted net earnings attributable to Nucor stockholders of $1.11 billion, or $4.84 per diluted share, for the second quarter of 2026. Nucor reported consolidated net earnings attributable to Nucor stockholders of $607 million, or $2.63 per diluted share, for the third quarter of 2025.

Second quarter of 2026 results included a non-cash, pre-tax benefit of $61 million ($0.20 per diluted share) related to the increase in the valuation of our investment in Helion, a fusion energy company.

“I want to thank our teammates for delivering another strong quarter and making 2026 the safest summer in Nucor history,” said Leon Topalian, Nucor’s Chair and Chief Executive Officer. “Supported by robust demand across key end markets, Nucor has generated approximately $2.7 billion of free cash flow and returned nearly $1.4 billion to shareholders through the first nine months of the year. We also achieved important milestones in advancing our growth strategy, including the first heat at our West Virginia sheet mill in September and the recent start-up of our second galvanizing line at Nucor Steel Berkeley. These projects, together with other recent investments, are expanding Nucor’s capabilities and strengthening our position in attractive markets. With our diversified portfolio, strong balance sheet and disciplined approach to capital allocation, Nucor is well positioned to deliver long-term shareholder value.”

Earnings Before Income Taxes and Noncontrolling Interests by Segment (In millions)

Three Months (13 Weeks) Ended

Nine Months (39 Weeks) Ended

October 3, 2026

July 4, 2026

October 4, 2025

October 3, 2026

October 4, 2025

Steel mills

$ 1,788

$ 1,556

$ 793

$ 4,472

$ 1,867

Steel products

465

353

319

1,094

999

Raw materials

105

146

43

296

129

Corporate/eliminations

(491 )

(430 )

(272 )

(1,274 )

(928 )

$ 1,867

$ 1,625

$ 883

$ 4,588

$ 2,067

Analysis of Third Quarter of 2026 Results Compared to the Second Quarter of 2026

Third quarter earnings increased in the steel mills and steel products segments, while decreasing in the raw materials segment. The increase in the steel mills segment was due to higher average selling prices and increased volumes, partially offset by higher costs of products sold. Second quarter steel mills segment cost of products sold was reduced by $130 million in cash refunds associated with prior periods’ raw material procurement costs, which did not recur in the third quarter of 2026. The increase in earnings in the steel products segment was due to higher volumes and higher average realized pricing. Raw materials segment earnings decreased due to lower pricing and shipments.

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Nucor Executive Offices: 1915 Rexford Road, Charlotte, North Carolina 28211

Phone 704-366-7000 Fax 704-362-4208 www.nucor.com

Nucor Reports Results for the Third Quarter of 2026 (Continued)

Corporate/eliminations expense in the third quarter increased due primarily to the absence of the Helion valuation adjustment.

Financial Strength

At the end of the third quarter of 2026, Nucor had $3.64 billion in cash and cash equivalents and short-term investments on hand. The Company’s $2.25 billion revolving credit facility remains undrawn and does not expire until March 2030. The Company continues to have the strongest credit ratings in the North American steel sector (A-/A-/A3) with stable outlooks at Standard & Poor’s, Fitch Ratings and Moody’s, respectively.

Commitment to Returning Capital to Stockholders

During the third quarter of 2026, Nucor repurchased approximately 2.03 million shares of its common stock at an average price of $247.04 per share. Nucor returned approximately $629 million to stockholders in the third quarter of 2026 in the form of share repurchases and dividend payments, and approximately $1.36 billion in the first nine months of 2026.

On September 18, 2026, Nucor’s Board of Directors declared a cash dividend of $0.56 per share. This cash dividend is payable on November 10, 2026, to stockholders of record as of September 30, 2026 and is Nucor’s 214th consecutive quarterly cash dividend.

Fourth Quarter of 2026 Outlook Compared to the Third Quarter of 2026

We expect earnings in the fourth quarter of 2026 to be generally in-l

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EX-99.1

2 d150975dex991.htm

EX-99.1

EX-99.1

Exhibit 99.1

News Release

Nucor Reports Results for the First Quarter of 2026

First Quarter of 2026 Highlights

•

Net earnings attributable to Nucor stockholders of $743 million, or $3.23 per diluted share

•

Net sales of $9.50 billion

•

Net earnings before noncontrolling interests of $870 million; EBITDA of $1.51 billion

CHARLOTTE, N.C. – April 27, 2026 - Nucor Corporation (NYSE: NUE) today announced consolidated net earnings attributable to Nucor stockholders of $743 million, or $3.23 per diluted share, for the first quarter of 2026. Nucor reported consolidated net earnings attributable to Nucor stockholders in the fourth quarter of 2025 of $378 million, or $1.64 per diluted share (adjusted net earnings of $400 million, or $1.73 per diluted share). Nucor reported net earnings attributable to Nucor stockholders in the first quarter of 2025 of $156 million, or $0.67 per diluted share (adjusted net earnings of $179 million, or $0.77 per diluted share).

“Nucor teammates delivered a strong start to 2026, with our steel mills segment achieving a new quarterly shipment record,” said Leon Topalian, Nucor’s Chair and Chief Executive Officer. “All three of our operating segments reported sequential earnings growth, driven by strong demand across key end markets, growing contributions from recent capital investments, and federal trade policies that continue to reduce the flood of unfairly traded imports into the United States. We enter the second quarter with real momentum, committed to executing our growth strategy, generating strong returns for our shareholders, and continuing our pursuit of becoming the safest steel company in the world.”

Earnings Before Income Taxes and Noncontrolling Interests by Segment (In millions)

Three Months (13 Weeks) Ended

April 4, 2026

December 31, 2025

April 5, 2025

Steel mills

$ 1,128

$ 516

$ 231

Steel products

285

230

288

Raw materials

45

24

29

Corporate/eliminations

(362 )

(269 )

(263 )

$ 1,096

$ 501

$ 285

Analysis of First Quarter of 2026 Results Compared to the Fourth Quarter of 2025

The increase in first quarter earnings was driven primarily by the increase in earnings in the steel mills segment, which experienced higher average selling prices and volumes across all product groups. The steel products segment had improved earnings due to increased volumes and stable average realized pricing. The raw materials segment had higher earnings in the first quarter due to increased average selling prices and volumes.

Financial Strength

At the end of the first quarter of 2026, Nucor had $2.48 billion in cash and cash equivalents and short-term investments on hand. The Company’s $2.25 billion revolving credit facility remains undrawn and does not expire until March 2030. The Company continues to have the strongest credit ratings in the North American steel sector (A-/A-/A3) with stable outlooks at Standard & Poor’s, Fitch Ratings and Moody’s, respectively.

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Nucor Executive Offices: 1915 Rexford Road, Charlotte, North Carolina 28211

Phone 704-366-7000 Fax 704-362-4208 www.nucor.com

Nucor Reports Results for the First Quarter of 2026 (Continued)

Commitment to Returning Capital to Stockholders

During the first quarter of 2026, Nucor repurchased approximately 0.7 million shares of its common stock at an average price of $175.19 per share. Nucor has returned approximately $250 million to stockholders in the form of share repurchases and dividend payments year-to-date. On February 20, 2026, Nucor’s Board of Directors approved a new share repurchase program under which Nucor is authorized to repurchase up to $4.00 billion of its common stock and terminated any previously authorized share repurchase programs. As of April 4, 2026, Nucor had approximately $3.97 billion remaining for repurchases under its authorized share repurchase program. This share repurchase authorization is discretionary and has no scheduled expiration date.

On February 20, 2026, Nucor’s Board of Directors declared a cash dividend of $0.56 per share. This cash dividend is payable on May 11, 2026, to stockholders of record as of March 31, 2026 and is Nucor’s 212th consecutive quarterly cash dividend.

Second Quarter of 2026 Outlook Compared to the First Quarter of 2026

We expect higher consolidated earnings in the second quarter of 2026, with improved earnings across all three operating segments. In the steel mills segment, the expected increase is due to higher realized selling prices with stable volumes. In the steel products segment, we expect improved earnings due to higher volumes on stable pricing. The raw materials segment is expected to have increased earnings due to higher realized pricing.

Earnings Conference Call

An earnings call is scheduled for April 28, 2026 at 10:00 a.m. Eastern Time to review Nucor’s first quarter of 2026 financial results and provide a business update. The call can be accessed via webcast fro