Nucor (NUE) Annual Income Statement

Income Statement Summary

Nucor (NUE) annual income statement covering fiscal 2017 through 2022, as reported to the SEC.

Nucor reported net sales of $41.51B in fiscal 2022, up 13.8% from $36.48B in fiscal 2021.
Net earnings were $7.61B, up 11.4% from $6.83B. Net margin was 18.3%.
Diluted earnings per share was $28.79, up 24.3% from $23.16.
Cost of products sold took 69.9% of net sales and marketing, administrative and other expenses 4.8%.

Net sales have grown 15.4% a year on average since fiscal 2017, from $20.25B to $41.51B.

An income statement shows what a company sold and what it cost to run the business, ending with the profit left over.

Figures in USD millions, except per share data

						Dec'22	Dec'21	Dec'20	Dec'19	Dec'18	Dec'17
Net sales
41,512	36,483	20,139	22,588	25,067	20,252	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Net sales						41,512	36,483	20,139	22,588	25,067	20,252	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Costs, expenses and other:
Cost of products sold
29,009	25,458	17,911	19,909	20,771	17,682	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Cost of products sold						29,009	25,458	17,911	19,909	20,771	17,682	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Marketing, administrative and other expenses
1,997	1,706	615	711	860	687	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Marketing, administrative and other expenses						1,997	1,706	615	711	860	687	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Equity in losses (earnings) of unconsolidated affiliates
10	103	-10	3	40	41	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Equity in losses (earnings) of unconsolidated affiliates						10	103	-10	3	40	41	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Losses and impairments of assets (Notes 7, 8, 9, 14, 19, 20 and 27)
101	62	613	66	110	-	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Losses and impairments of assets (Notes 7, 8, 9, 14, 19, 20 and 27)						101	62	613	66	110	-	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Interest (income) expense, net
-170	-158	-153	-121	-135	-173	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Interest (income) expense, net						-170	-158	-153	-121	-135	-173	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Costs, expenses and other, total
31,267	27,283	19,304	20,806	21,837	18,502	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Costs, expenses and other, total						31,267	27,283	19,304	20,806	21,837	18,502	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Earnings before income taxes and noncontrolling interests
10,244	9,200	835	1,782	3,229	1,749	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Earnings before income taxes and noncontrolling interests						10,244	9,200	835	1,782	3,229	1,749	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Provision for income taxes
2,165	2,078	-0	411	748	369	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Provision for income taxes						2,165	2,078	-0	411	748	369	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Net earnings before noncontrolling interests
8,079	7,122	836	1,370	2,481	1,380	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Net earnings before noncontrolling interests						8,079	7,122	836	1,370	2,481	1,380	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Earnings attributable to noncontrolling interests
472	294	114	99	120	61	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Earnings attributable to noncontrolling interests						472	294	114	99	120	61	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Net earnings attributable to Nucor stockholders
7,607	6,827	721	1,271	2,360	1,318	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Net earnings attributable to Nucor stockholders						7,607	6,827	721	1,271	2,360	1,318	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Net earnings per share:
Basic
28.88	23.23	2.37	4.14	7.44	4.11	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Basic						28.88	23.23	2.37	4.14	7.44	4.11	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Diluted
28.79	23.16	2.36	4.14	7.42	4.10	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx
Diluted						28.79	23.16	2.36	4.14	7.42	4.10	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx	xxxxx