Outlook calls for higher Q3 2026 earnings, led by higher realized pricing in steel mills and improved steel products results; raw materials seen lower.
Second-quarter results
Nucor posted net earnings attributable to stockholders of $1.16 billion, or $5.04 per diluted share, in Q2 2026.
Profit more than doubled from a year earlier, driven by higher steel mills earnings on stronger pricing, volumes, and metal margins.
Net sales climbed 23% to $10.4 billion, with average sales price per ton up 10% to $1,367.
Gross margin widened to $2.03 billion, lifting margin to 20% from 14% a year earlier.