Nucor Corporation (NUE)财务
NYSE · Basic Materials · Steel · 员工33,000人 · CEO Leon J. Topalian
- 股价
- $273.87 -0.52%
- 市值
- $621亿
- 企业价值
- $658亿
- 最近财报
- Q3 '26 2026-10-26提交
- 下次财报
- 2027-01-25 EPS预期 $5.62
营收(TTM)$388亿+21.8% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)13.3%+5.4 百分点 对比去年同期营业利润 $51.5亿
净利润(TTM)$36亿+117.5% 对比去年同期税后,含营业外收益
自由现金流(TTM)$26.6亿+903.6% 对比去年同期资本支出 $26.6亿
稀释EPS(TTM)$15.71+120.6% 对比去年同期最近4个季度之和
净现金-$34.5亿+15.9% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $621亿 EV $658亿
- 营收
- $388亿 过去12个月
- 营收增速
- +27% FY2026年一致预期
- 净利润率
- 9.3% 净利润 / 营收,TTM
- P/E
- 17.4× 预期 13.9×(FY2026)
- P/S
- 1.6× 股价 / 营收,TTM
- EV / EBITDA
- 9.8× TTM
- 自由现金流
- $26.6亿 过去12个月
- 净利润
- $36亿 过去12个月
- 营收预期
- $414亿 FY2026年一致预期
- 盈利
- 2027-01-25 营收预期 $103亿
- 股息
- $2.24 每股,过去12个月
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-10-26):营收超预期3.8%,EPS 低于预期0.7%营收$112亿,预期$108亿(+3.8%);EPS $5.80,预期$5.84(-0.7%)。
- 营收增长加速:同比32.0%Q3 '26营收$112亿,此前四个季度的平均值为16.8%。
- 营业利润率13.3%(TTM),较去年同期+5.4 百分点营收增长21.8%,营业利润增长104.3%。
- 资本支出占营收的6.9%(去年为11.0%)最近4个季度投入$26.6亿(同比-23.9%)。自由现金流$26.6亿,相当于净利润的73.9%。
- 股东回报$15.9亿 = 自由现金流的60.0%回购$10.8亿(去年为$9.15亿),股息$5.13亿,股权激励$9900万(TTM)。
- 稀释股数一年内减少2.0%Q3 '26稀释股数2.27亿,一年前为2.31亿。
- 净债务 $34.5亿现金 + 短期投资 $36.4亿,含租赁债务 $70.9亿;一年前净债务 $41.1亿。
上一季度:Q3 '26
截至2026-09-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q3 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $112亿 | $85.2亿 | +32.0% |
| 毛利率 | 20.7% | 13.9% | +6.7 百分点 |
| 营业利润 | $18.7亿 | $8.88亿 | +110.0% |
| 营业利润率 | 16.6% | 10.4% | +6.2 百分点 |
| 净利润 | $13.2亿 | $6.07亿 | +117.3% |
| 稀释EPS | $5.80 | $2.63 | +120.5% |
| 经营现金流 | $22.4亿 | $13.4亿 | +67.0% |
| 资本支出 | $6.29亿 | $8.07亿 | -22.1% |
| 自由现金流 | $16.1亿 | $5.32亿 | +202.1% |
| R&D | $0 | $0 | – |
| 股权激励费用 | $3800万 | $2400万 | +58.3% |
实际 vs 一致预期
2026-10-26| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $112亿 | $108亿 | +3.8% |
| EPS(一致预期口径) | $5.80 | $5.84 | -0.7% |
来自2026-10-26发布的Q3 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q1 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Sheet | $27.9亿 | +26.3% | 32.1% | – | – | |
| Bar | $16.9亿 | +13.2% | 19.4% | – | – | |
| Steel Products | $9.88亿 | +15.3% | 11.3% | – | – | |
| Plate | $7.03亿 | +25.1% | 8.1% | – | – | |
| Structural | $8.53亿 | +32.5% | 9.8% | – | – | |
| Rebar Fabrication | $4.79亿 | +17.4% | 5.5% | – | – | |
| Tubular Products | $5.28亿 | +45.1% | 6.1% | – | – | |
| Raw Materials | $6.74亿 | +30.1% | 7.7% | – | – |
按地区划分的营收
占总额比例| 分部 | Q1 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| All Other | $4.64亿 | +12,183.3% | 100.0% | $7.2亿 | – |
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $53.2亿
- 资本支出
- -$26.6亿
- 股票回购
- -$10.8亿
- 股息
- -$5.13亿
- 收购
- $400万
- 债务净发行
- $1.76亿
- 股权激励费用
- $9900万
- 自由现金流
- $26.6亿
- 股东回报 / FCF
- 60.0%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 17.4× | 10.9× | 4.6× – 21.7× |
| EV / EBITDA | 9.8× | 5.9× | 3.2× – 10.1× |
| EV / 营收 | 1.7× | 1.1× | 0.9× – 1.3× |
| 股价 / FCF | 23.4× | 13.7× 5年中的4年 | 4.3× – 34.5× |
| 股价 / 净资产 | 2.7× | 1.9× | 1.4× – 2.4× |
| FCF收益率 | 4.3% | 10.2% | -0.5% – 23.5% |
| 投入资本回报率 | 12.3% | 18.7% | 6.7% – 33.7% |
| 净资产收益率 | 16.5% | 26.0% | 8.3% – 48.7% |
分析师
一致目标价 $300.14 (+9.6%)
区间 $270.00 – $335.00 · 评级 Buy
强烈买入0
买入20
持有10
卖出3
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $414亿 | +27.3% | $19.69 | +161.8% | 13.9× | 7 |
| FY2027 | $429亿 | +3.8% | $21.20 | +7.7% | 12.9× | 10 |
| FY2028 | $425亿 | -1.0% | $18.07 | -14.7% | 15.2× | 6 |
| FY2029 | $428亿 | +0.7% | $20.43 | +13.1% | 13.4× | 3 |
| FY2030 | $396亿 | -7.5% | $18.50 | -9.5% | 14.8× | 2 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Nucor Corporation在近期10-Q / 10-K文件中标记的全部266项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| Accounts Payable, Current | $23.6亿 | $21.8亿 | +8.0% | $18.9亿 | $18.3亿 | +3.2% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $40.5亿 | $33.9亿 | +19.4% | $31.1亿 | $26.8亿 | +16.1% |
| Accounts Receivable, Allowance for Credit Loss, Current | $8100万2025-12-31 | $1.15亿 | -29.6% | $8100万 | $1.15亿 | -29.6% |
| Accrued Liabilities, Current | $11.8亿 | $10.3亿 | +14.4% | $10.2亿 | $9.75亿 | +4.6% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $139亿 | $132亿 | +5.5% | $134亿 | $126亿 | +6.0% |
| Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax | -$500万 | -$1100万 | +54.5% | -$500万 | -$1100万 | +54.5% |
| Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax | -$2.17亿 | -$1.8亿 | -20.6% | -$1.86亿 | -$2.2亿 | +15.5% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$2.14亿 | -$1.67亿 | -28.1% | -$1.94亿 | -$2.08亿 | +6.7% |
| Additional Paid in Capital, Common Stock | $22.1亿 | $22.1亿 | -0.3% | $22.5亿 | $22.2亿 | +1.3% |
| Amortization | $6300万 | $6300万 | 0.0% | $2.54亿 | $2.62亿 | -3.1% |
| Amortization of Intangible Assets | $6300万 | $6300万 | 0.0% | $2.54亿 | $2.62亿 | -3.1% |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 1.3万 | 12.9万 | -89.9% | 16.4万 | 3.5万 | +368.6% |
| APIC, Share-based Payment Arrangement, Option, Increase for Cost Recognition | $400万 | $400万 | 0.0% | $500万 | $500万 | 0.0% |
| Asset Impairment Charges | $0 | $800万 | -100.0% | $6690万2019-12-31 | $1.1亿 | -39.2% |
| Assets | $370亿 | $342亿 | +8.0% | $351亿 | $339亿 | +3.4% |
| Assets, Current | $132亿 | $117亿 | +12.3% | $118亿 | $125亿 | -5.7% |
| Cash and Cash Equivalents, at Carrying Value | $24.8亿 | $19.5亿 | +27.3% | $22.6亿 | $35.6亿 | -36.5% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations | $24.8亿 | $19.5亿 | +27.3% | $22.6亿 | $35.6亿 | -36.5% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $2.52亿 | -$12.1亿 | +120.8% | -$13亿 | -$28.3亿 | +54.1% |
| Common Stock, Dividends, Per Share, Declared | $0.56 | $0.55 | +1.8% | $2.21 | $2.17 | +1.8% |
| Common Stock, Par or Stated Value Per Share | $0.402025-12-31 | $0.40 | 0.0% | $0.40 | $0.40 | 0.0% |
| Common Stock, Shares Authorized | 8亿2025-12-31 | 8亿 | 0.0% | 8亿 | 8亿 | 0.0% |
| Common Stock, Shares, Issued | 3.8亿2025-12-31 | 3.8亿 | 0.0% | 3.8亿 | 3.8亿 | 0.0% |
| Common Stock, Value, Issued | $1.52亿 | $1.52亿 | 0.0% | $1.52亿 | $1.52亿 | 0.0% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest | $1.24亿 | $1.03亿 | +20.4% | $2.94亿 | $2.92亿 | +0.7% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $11.5亿 | $6.34亿 | +81.1% | $17.6亿 | $19.8亿 | -11.3% |
| Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest | $12.7亿 | $7.37亿 | +72.6% | $20.5亿 | $22.7亿 | -9.7% |
| Contract with Customer, Liability, Current | $2.56亿 | $2.25亿 | +13.8% | $2.43亿 | $2亿 | +21.5% |
| Contract with Customer, Liability, Revenue Recognized | – | – | – | $1.19亿 | $1.77亿 | -32.8% |
| Cost of Goods and Services Sold | $83.6亿 | $72.3亿 | +15.6% | $286亿 | $266亿 | +7.4% |
| Current Federal Tax Expense (Benefit) | – | – | – | $3.06亿 | $5.87亿 | -47.9% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $2400万 | $3500万 | -31.4% |
| Current Income Tax Expense (Benefit) | – | – | – | $3.69亿 | $6.99亿 | -47.2% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $3900万 | $7700万 | -49.4% |
| Debt Instrument, Unamortized Discount (Premium), Net | $1.59亿2025-12-31 | $1.65亿 | -3.6% | $1.59亿 | $1.65亿 | -3.6% |
| Debt Issuance Costs, Net | $3200万2025-12-31 | $2800万 | +14.3% | $3200万 | $2800万 | +14.3% |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | $1.45亿 | -$1.08亿 | +234.3% |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | $100万 | -$100万 | +200.0% |
| Deferred Income Tax Expense (Benefit) | -$2700万 | $1400万 | -292.9% | $1.61亿 | -$1.16亿 | +238.8% |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | $1500万 | -$700万 | +314.3% |
| Deferred Tax and Other Liabilities, Noncurrent | $20.5亿 | $18.9亿 | +8.8% | $20.7亿 | $18.6亿 | +11.0% |
| Deferred Tax Assets, Gross | $5.4亿2025-12-31 | $6.93亿 | -22.1% | $5.4亿 | $6.93亿 | -22.1% |
| Deferred Tax Assets, Hedging Transactions | $400万2025-12-31 | $0 | – | $400万 | $0 | – |
| Deferred Tax Assets, in Process Research and Development | $1200万2025-12-31 | $2.07亿 | -94.2% | $1200万 | $2.07亿 | -94.2% |
| Deferred Tax Assets, Inventory | $8300万2025-12-31 | $8700万 | -4.6% | $8300万 | $8700万 | -4.6% |
| Deferred Tax Assets, Net of Valuation Allowance | $2600万 | $3300万 | -21.2% | $3000万 | $4400万 | -31.8% |
| Deferred Tax Assets, Operating Loss Carryforwards | $1.34亿2025-12-31 | $1.13亿 | +18.6% | $1.34亿 | $1.13亿 | +18.6% |
| Deferred Tax Assets, Other | $1800万2025-12-31 | $1400万 | +28.6% | $1800万 | $1400万 | +28.6% |
| Deferred Tax Assets, Tax Credit Carryforwards | $2.55亿2025-12-31 | $1.27亿 | +100.8% | $2.55亿 | $1.27亿 | +100.8% |
| Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Postretirement Benefits | $1200万2025-12-31 | $900万 | +33.3% | $1200万 | $900万 | +33.3% |
| Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Allowance for Doubtful Accounts | $3500万2025-12-31 | $4000万 | -12.5% | $3500万 | $4000万 | -12.5% |
| Deferred Tax Assets, Valuation Allowance | $2.75亿2025-12-31 | $1.52亿 | +80.9% | $2.75亿 | $1.52亿 | +80.9% |
| Deferred Tax Liabilities, Deferred Expense, Debt Issuance Costs | $4100万2025-12-31 | $4400万 | -6.8% | $4100万 | $4400万 | -6.8% |
| Deferred Tax Liabilities, Derivatives | $02025-12-31 | $100万 | -100.0% | $0 | $100万 | -100.0% |
| Deferred Tax Liabilities, Gross | $18.9亿2025-12-31 | $18.9亿 | +0.2% | $18.9亿 | $18.9亿 | +0.2% |
| Deferred Tax Liabilities, Intangible Assets | $6.81亿2025-12-31 | $6.9亿 | -1.3% | $6.81亿 | $6.9亿 | -1.3% |
| Deferred Tax Liabilities, Net | $13.2亿 | $12.1亿 | +9.1% | $13.5亿 | $11.9亿 | +13.2% |
| Deferred Tax Liabilities, Other | $5000万2025-12-31 | $5300万 | -5.7% | $5000万 | $5300万 | -5.7% |
| Deferred Tax Liabilities, Property, Plant and Equipment | $11亿2025-12-31 | $10.9亿 | +1.7% | $11亿 | $10.9亿 | +1.7% |
| Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Discount Rate | – | – | – | 5.6% | 5.7% | -1.8% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标和预期均根据公司文件标准化。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-07-04, 10-Q 2026-04-04, 10-K 2025-12-31, 10-Q 2025-10-04, 10-Q 2025-07-05, 10-Q 2025-04-05, 10-K 2024-12-31, 10-Q 2024-09-28, 10-Q 2024-06-29
数据截至 2026-11-02