---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-018332"
form_type: "8-K"
ticker: "NUE"
cik: "0000073309"
company_name: "NUCOR CORP"
filed_at: "2024-01-29T23:59:59+00:00"
generated_at: "2026-06-06T16:13:56.844128+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Nucor Q4 2023 EPS $3.16, FY2023 EPS $18.00; revenue down 12% YoY; guides Q1 2024 higher

## Summary
- Q4 2023 net earnings $785.4M ($3.16/diluted) vs $1.26B ($4.89) in Q4 2022; FY2023 net earnings $4.52B ($18.00) vs $7.61B ($28.79) in FY2022.
- Q4 2023 net sales $7.70B, down 12% from Q4 2022; FY2023 net sales $34.71B, down 16% from FY2022.
- Steel mills segment Q4 earnings $587.9M; steel products $655.6M; raw materials lost $14.4M.
- Dividend raised 6% to $0.54/share (payable Feb 9, 2024); 51 consecutive years of increases; $2.1B returned to shareholders in 2023.
- Q1 2024 outlook: earnings expected to increase vs Q4 2023, driven by higher steel mill pricing/volumes and improved raw materials profitability.

## SEC filing metadata
- accession: 0001193125-24-018332
- form_type: 8-K
- ticker: NUE
- cik: 0000073309
- company_name: NUCOR CORP
- filed_at: 2024-01-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/73309/000119312524018332/0001193125-24-018332-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/73309/000119312524018332/d756569d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-018332
- JSON: https://secwatch.observer/filing/0001193125-24-018332.json
- Plain text: https://secwatch.observer/filing/0001193125-24-018332.txt

## Key facts
- Earnings Releases
  NUCOR CORP reported the fourth quarter of 2023 results: revenue $7.70 billion, net income $785.4 million, EPS $3.16 per diluted share.
  - Period: the fourth quarter of 2023
  - Revenue: $7.70 billion
  - Net income: $785.4 million
  - EPS: $3.16 per diluted share
  - Result: reported results
  source text: www.nucor.com News Release Nucor Reports Results for the Fourth Quarter and Full Year 2023 (Continued) Financial Review Nucor’s consolidated net sales decreased 12% to $7.70 billion in the fourth quarter of 2023 compared with $8.78 billion in the third quarter of 2023 and decreased 12% compared with $8.72 billion in the fourth quarter of 2022. Average sales
  evidence_url: https://www.sec.gov/Archives/edgar/data/73309/000119312524018332/0001193125-24-018332-index.htm
- Earnings Releases
  NUCOR CORP reported the full year 2023 results: revenue $34.71 billion, net income $4.52 billion, EPS $18.00 per diluted share.
  - Period: the full year 2023
  - Revenue: $34.71 billion
  - Net income: $4.52 billion
  - EPS: $18.00 per diluted share
  - Result: reported results
  source text: fourth quarter of 2023 decreased 11% from the third quarter of 2023 and decreased 14% from the fourth quarter of 2022. For the full year 2023, Nucor’s consolidated net sales of $34.71 billion decreased 16% compared with consolidated net sales of $41.51 billion reported for the full year 2022. Total tons shipped to outside customers in 2023 were approximately
  evidence_url: https://www.sec.gov/Archives/edgar/data/73309/000119312524018332/0001193125-24-018332-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.