Nucor Q2 FY26 net earnings rise to $1.2 billion; net sales climb to $10.4 billion
NUE•Nucor reports higher Q2 earnings, sales and cash flow
- Nucor posted Q2 2026 net earnings of USD 1.2 billion, with diluted EPS of USD 5.04; adjusted net earnings were USD 1.11 billion, or USD 4.84.
- EBITDA rose to USD 2.02 billion, while free cash flow turned positive to USD 829 million on USD 1.4 billion operating cash flow.
- Net sales climbed to USD 10.4 billion on 7.61 million tons shipped, with mill utilization rising 500 basis points to 91%.
- Returns to shareholders totaled USD 479 million, including USD 350 million of buybacks and USD 129 million of dividends; debt-to-cap stood near 23% with about USD 3.4 billion liquidity.
- Management forecast higher Q3 earnings versus Q2 reported results, citing higher realized pricing in Steel Mills and higher volumes and pricing in Steel Products.
