Nucor (NUE) FY2022 results: revenue $41.5 billion, up 13.8% on the year
Nucor Corp. (NUE) reported revenue of $41.5 billion for fiscal 2022, the year ended 31 December 2022, up 13.8% on the year before. Net income was $7.6 billion, up 11.4%, and diluted earnings per share $28.79. The figures are the company's own, from the 10-K it filed with the SEC on 1 March 2023.
Revenue
$41.5 billion
+13.8% on the year
FY2015FY2022
Operating margin
n/a
FY2015FY2022
Net income
$7.6 billion
+11.4% on the year
FY2015FY2022
Diluted EPS
$28.79
+24.3% on the year
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
10,072
6,231
2,697
+61.7%
Capital expenditure
1,948
1,622
1,543
+20.1%
Free cash flow
8,124
4,609
1,154
+76.3%
Free cash flow margin
19.6%
12.6%
5.7%
Cash from investing
-5,703
-2,874
-1,764
Cash from financing
-2,511
-3,603
286
Depreciation and amortisation
1,062
865
786
+22.8%
Share-based compensation
137
136
73.9
+0.8%
Buybacks
2,763
3,276
39.5
-15.7%
Dividends paid
534
483
492
+10.4%
Dividend per share
$2.01
$1.72
$1.61
+17.2%
Diluted shares, weighted
263m
293m
303m
-10.3%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
18,415
14,016
10,789
+31.4%
Non-controlling interest
1,155
587
443
+96.7%
Debt
6,691
5,685
5,341
+17.7%
Operating lease liabilities
81.5
74.2
75.7
+9.8%
Finance lease liabilities
170
164
79.5
+3.3%
Other liabilities
5,967
5,296
3,398
+12.7%
Total liabilities and equity
32,479
25,823
20,125
+25.8%
Fixed assets
9,617
8,115
6,899
+18.5%
Goodwill
3,920
2,827
2,230
+38.6%
Intangible assets
3,322
1,104
668
+201.0%
Investments
577
253
408
+128.0%
Cash and equivalents
4,281
2,365
2,640
+81.0%
Receivables
3,591
3,854
2,299
-6.8%
Inventory
5,454
6,011
3,569
-9.3%
Other assets
1,718
1,294
1,413
+32.7%
Total assets
32,479
25,823
20,125
+25.8%
10-K for the year ended 31 December 2022, filed 1 March 2023: the filing.