Nucor Reports Strong Q3 2026 Results with Record Shipments and Earnings Growth
Nucor Corporation (NUE) delivered its strongest quarterly performance in over three years for Q3 2026, reporting net earnings of $1.32 billion or $5.80 per diluted share. Net sales surged 32% year-over-year to $11.25 billion, fueled by record steel mill shipments of 7.2 million tons and significant margin expansion within the steel products segment. The company's robust cash position is highlighted by $1.6 billion in free cash flow for the quarter and a total liquidity of $4.3 billion. While management noted a recent surge in finished steel imports from South Korea despite Section 232 tariffs, they remain optimistic about future growth, citing a doubled backlog in towers and structures and upwardly revised EBITDA targets for that segment.
Topics: earnings report EBITDA free cash flow net sales shareholder returns steel shipments