Nucor (NUE) FY2021 results: revenue $36.5 billion, up 81.2% on the year
Nucor Corp. (NUE) reported revenue of $36.5 billion for fiscal 2021, the year ended 31 December 2021, up 81.2% on the year before. Net income was $6.8 billion, up 846.3%, and diluted earnings per share $23.16. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2022.
Revenue
$36.5 billion
+81.2% on the year
FY2014FY2021
Operating margin
n/a
FY2014FY2021
Net income
$6.8 billion
+846.3% on the year
FY2014FY2021
Diluted EPS
$23.16
+881.4% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
6,231
2,697
2,809
+131.0%
Capital expenditure
1,622
1,543
1,477
+5.1%
Free cash flow
4,609
1,154
1,332
+299.5%
Free cash flow margin
12.6%
5.7%
5.9%
Cash from investing
-2,874
-1,764
-1,794
Cash from financing
-3,603
286
-880
Depreciation and amortisation
865
786
735
+10.1%
Share-based compensation
136
73.9
90.4
+83.8%
Buybacks
3,276
39.5
299
+8,194.1%
Dividends paid
483
492
492
-1.7%
Dividend per share
$1.72
$1.61
$1.60
+6.4%
Diluted shares, weighted
293m
303m
306m
-3.3%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
14,016
10,789
10,358
+29.9%
Non-controlling interest
587
443
433
+32.5%
Debt
5,685
5,341
4,383
+6.4%
Operating lease liabilities
74.2
75.7
n/a
-2.1%
Finance lease liabilities
164
79.5
n/a
+106.9%
Other liabilities
5,296
3,398
3,170
+55.9%
Total liabilities and equity
25,823
20,125
18,345
+28.3%
Fixed assets
8,115
6,899
6,179
+17.6%
Goodwill
2,827
2,230
2,201
+26.8%
Intangible assets
1,104
668
742
+65.2%
Investments
253
408
300
-38.0%
Cash and equivalents
2,365
2,640
1,535
-10.4%
Receivables
3,854
2,299
2,160
+67.6%
Inventory
6,011
3,569
3,842
+68.4%
Other assets
1,294
1,413
1,386
-8.4%
Total assets
25,823
20,125
18,345
+28.3%
10-K for the year ended 31 December 2021, filed 28 February 2022: the filing.