Nucor Corp (NYSE:NUE) stock fell 2.68% (As on January 27, 11:34:27 AM UTC-4, Source: Google Finance) after the company posted lower than expected results for the fourth quarter of FY25. The company maintained its strong financial position with $2.70 billion in cash and cash equivalents at the end of the quarter, with its $2.25 billion revolving credit facility remaining undrawn. The company reported consolidated net earnings attributable to Nucor stockholders of $378 million, or $1.64 per diluted share, for the fourth quarter of 2025.
NUE in the fourth quarter of FY25 has reported the adjusted earnings per share of $1.73, missing the analysts’ estimates for the adjusted earnings per share of $1.86. Despite the miss, Nucor’s fourth quarter adjusted earnings showed a 41.8% improvement compared to $1.22 per share in the same quarter last year. The company had reported the adjusted revenue of $7.69 billion in the fourth quarter of FY25, missing the analysts’ estimates for revenue of $7.87 billion. The company’s steel mills segment saw earnings decrease from the third quarter due to lower volumes and margin compression, primarily in sheet steel products. In the steel products segment, earnings declined in the fourth quarter on lower volumes and higher average costs per ton, partially offset by higher average realized pricing. The raw materials segment earnings decreased in the fourth quarter mainly as a result of two scheduled outages at our direct reduced iron facilities that were partially offset by insurance recoveries.
Additionally, during the fourth quarter of 2025, Nucor repurchased approximately 0.7 million shares of its common stock at an average price of $145.23 per share (approximately 5.4 million shares during the full year 2025 at an average price of $128.66 per share). As of December 31, 2025, Nucor had approximately $406 million remaining authorized and available for repurchases under its share repurchase program. The company has declared a cash dividend of $0.56 per share. This cash dividend is payable on February 11, 2026, to stockholders of record as of December 31, 2025.
Looking ahead, Nucor expects earnings to increase in the first quarter of 2026 across all three operating segments, with the largest improvement anticipated in the steel mills segment due to higher volumes and realized prices across major product categories. In the steel products segment, the company expects improved earnings in the first quarter due to increased volumes on stable pricing. The raw materials segment is expected to have increased earnings in the first quarter of 2026.