Nucor Corporation, a leading steel products company listed on the New York Stock Exchange under the symbol NUE, recently released its financial results for the quarter ending December 31, 2024. The company disclosed this information in a Form 8-K filing with the United States Securities and Exchange Commission on January 27, 2025.
In the report, Nucor highlighted several key points. The company announced that it had issued a news release detailing its financial performance for the final quarter of 2024. Nucor reported $751 million in EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for Q4 2024, with net earnings at $287 million and diluted earnings per share at $1.22. Additionally, the corporation disclosed $879 million in capital expenditures and returned around $443 million to shareholders during this period.
Nucor Corporation outlined its commitment to safety in the report, stating its objective of becoming the world’s safest steel company, with a continued focus on minimizing work-related incidents and ensuring the well-being of its employees. The company highlighted a consistent improvement in its Injury and Illness Rate year over year.
The corporation also detailed its future plans in the report, emphasizing continued investments to shift its product mix towards higher-margin and value-added products. Nucor aims to expand in steel-adjacent businesses with a focus on generating more consistent earnings. Additionally, the company is keen on diversifying its product mix to enhance its financial performance and sustainability efforts.
Nucor’s Circular Business Model was underscored in the document, emphasizing the company’s focus on value creation over the past five years. The report detailed key financial metrics, including EBITDA and Free Cash Flow, offering insights into the company’s operational and financial performance.
The filing also mentioned Nucor’s 2025 projected capital expenditures of approximately $3 billion, highlighting strategic investments in various projects to drive growth and capitalize on evolving market opportunities.
Although the filing did not directly mention the impact of external factors such as economic conditions, trade policies, or global market trends on Nucor’s operations, the detailed financial data and projections provided a comprehensive overview of the company’s performance in Q4 2024 and its strategic outlook for the future. Investors and stakeholders can refer to the complete Form 8-K filing for further details on Nucor Corporation’s financial standing and operational updates.
This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Nucor’s 8K filing here.
About Nucor
Nucor Corporation engages in manufacture and sale of steel and steel products. It operates in three segments: steel mills, steel products, and raw materials. The Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling structural steel products; bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and engineered special bar quality products; and engages in the steel trading and rebar distribution businesses.
