v3.26.1
Stockholders' Equity
 3 Months Ended
Apr. 04, 2026
Equity [Abstract]  
Stockholders' Equity

12. Stockholders’ Equity

The following tables reflect the changes in stockholders’ equity attributable to Nucor and the noncontrolling interests of Nucor’s joint ventures, Nucor-Yamato Steel Company (Limited Partnership), California Steel Industries, Inc. and NJSM, for the first quarter of 2026 and 2025 (in millions):

 

 

 

 

 

 

Three Months (13 Weeks) Ended April 4, 2026

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional

 

 

 

 

 

Other

 

 

Treasury Stock

 

 

Nucor

 

 

 

 

 

 

 

 

 

Common Stock

 

 

Paid-in

 

 

Retained

 

 

Comprehensive

 

 

(at cost)

 

 

Stockholders'

 

 

Noncontrolling

 

 

 

Total

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Earnings

 

 

Income (Loss)

 

 

Shares

 

 

Amount

 

 

Equity

 

 

Interests

 

BALANCES, December 31, 2025

 

$

22,124

 

 

 

380.2

 

 

$

152

 

 

$

2,253

 

 

$

31,504

 

 

$

(194

)

 

 

151.9

 

 

$

(12,779

)

 

$

20,936

 

 

$

1,188

 

Net earnings before noncontrolling interests

 

 

870

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

743

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

743

 

 

 

127

 

Other comprehensive income (loss)

 

 

(12

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(12

)

 

 

-

 

 

 

-

 

 

 

(12

)

 

 

-

 

Stock options exercised

 

 

4

 

 

 

-

 

 

 

-

 

 

 

(1

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

5

 

 

 

4

 

 

 

-

 

Stock option expense

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Issuance of stock under award plans,
   net of forfeitures

 

 

35

 

 

 

-

 

 

 

-

 

 

 

20

 

 

 

-

 

 

 

-

 

 

 

(0.2

)

 

 

15

 

 

 

35

 

 

 

-

 

Amortization of unearned
   compensation

 

 

2

 

 

 

-

 

 

 

-

 

 

 

2

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

2

 

 

 

-

 

Treasury stock acquired, and net impact of excise tax

 

 

(126

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

0.7

 

 

 

(126

)

 

 

(126

)

 

 

-

 

Cash dividends declared

 

 

(129

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(129

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(129

)

 

 

-

 

Distributions to noncontrolling
   interests

 

 

(220

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(220

)

BALANCES, April 4, 2026

 

$

22,548

 

 

 

380.2

 

 

$

152

 

 

$

2,274

 

 

$

32,118

 

 

$

(206

)

 

 

152.4

 

 

$

(12,885

)

 

$

21,453

 

 

$

1,095

 

 

 

 

 

 

 

 

Three Months (13 Weeks) Ended April 5, 2025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional

 

 

 

 

 

Other

 

 

Treasury Stock

 

 

Nucor

 

 

 

 

 

 

 

 

 

Common Stock

 

 

Paid-in

 

 

Retained

 

 

Comprehensive

 

 

(at cost)

 

 

Stockholders'

 

 

Noncontrolling

 

 

 

Total

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Earnings

 

 

Income (Loss)

 

 

Shares

 

 

Amount

 

 

Equity

 

 

Interests

 

BALANCES, December 31, 2024

 

$

21,417

 

 

 

380.2

 

 

$

152

 

 

$

2,223

 

 

$

30,271

 

 

$

(208

)

 

 

147.4

 

 

$

(12,144

)

 

$

20,294

 

 

$

1,123

 

Net earnings before noncontrolling interests

 

 

226

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

156

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

156

 

 

 

70

 

Other comprehensive income (loss)

 

 

10

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

10

 

 

 

-

 

 

 

-

 

 

 

10

 

 

 

-

 

Issuance of stock under award plans,
   net of forfeitures

 

 

38

 

 

 

-

 

 

 

-

 

 

 

19

 

 

 

-

 

 

 

-

 

 

 

(0.3

)

 

 

19

 

 

 

38

 

 

 

-

 

Amortization of unearned
   compensation

 

 

3

 

 

 

-

 

 

 

-

 

 

 

3

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

3

 

 

 

-

 

Treasury stock acquired, and net impact of excise tax

 

 

(305

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

2.3

 

 

 

(305

)

 

 

(305

)

 

 

-

 

Cash dividends declared

 

 

(127

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(127

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(127

)

 

 

-

 

Distributions to noncontrolling
   interests

 

 

(172

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(172

)

Capital contributions from noncontrolling interest

 

 

25

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

25

 

BALANCES, April 5, 2025

 

$

21,115

 

 

 

380.2

 

 

$

152

 

 

$

2,245

 

 

$

30,300

 

 

$

(198

)

 

 

149.4

 

 

$

(12,430

)

 

$

20,069

 

 

$

1,046

 

 

Dividends declared per share were $0.56 per share in the first quarter of 2026 ($0.55 per share in the first quarter of 2025).

On February 20, 2026, the Company announced that its Board of Directors had approved a new share repurchase program under which the Company is authorized to repurchase up to $4.00 billion of the Company’s common stock and terminated all previously authorized share repurchase programs. Share repurchases are made from time to time in the open market at prevailing market prices or through private transactions or block trades. The timing and amount of repurchases will depend on market conditions, share price, applicable legal requirements and other factors. The share repurchase authorization is discretionary and has no expiration date. As of April 4, 2026, the Company had approximately $3.97 billion available for share repurchases under the program authorized by the Company’s Board of Directors.