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Quarterly Information (Unaudited)
 12 Months Ended
Dec. 31, 2023
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Information (Unaudited)

26. Quarterly Information (Unaudited)

 

 

 

(in thousands, except per share data)

 

 

 

Year Ended December 31, 2023

 

 

 

First Quarter

 

 

Second Quarter

 

 

Third Quarter

 

 

Fourth Quarter

 

Net sales

 

$

8,709,980

 

 

$

9,523,256

 

 

$

8,775,734

 

 

$

7,704,531

 

Gross margin

 

 

1,998,202

 

 

 

2,501,674

 

 

 

1,920,800

 

 

 

1,393,718

 

Net earnings before noncontrolling interests

 

 

1,231,629

 

 

 

1,587,075

 

 

 

1,221,255

 

 

 

872,832

 

Net earnings attributable to Nucor
   stockholders

 

 

1,136,542

 

 

 

1,461,354

 

 

 

1,141,506

 

 

 

785,399

 

Net earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

4.47

 

 

$

5.82

 

 

$

4.58

 

 

$

3.17

 

Diluted

 

$

4.45

 

 

$

5.81

 

 

$

4.57

 

 

$

3.16

 

 

 

 

 

(in thousands, except per share data)

 

 

 

Year Ended December 31, 2022

 

 

 

First Quarter

 

 

Second Quarter

 

 

Third Quarter

 

 

Fourth Quarter

 

Net sales

 

$

10,493,282

 

 

$

11,794,474

 

 

$

10,500,755

 

 

$

8,723,956

 

Gross margin

 

 

3,458,139

 

 

 

4,104,263

 

 

 

2,843,391

 

 

 

2,097,487

 

Net earnings before noncontrolling interests (1)

 

 

2,227,115

 

 

 

2,727,237

 

 

 

1,799,043

 

 

 

1,326,245

 

Net earnings attributable to Nucor
   stockholders (1)

 

 

2,095,623

 

 

 

2,561,233

 

 

 

1,694,748

 

 

 

1,255,733

 

Net earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

7.69

 

 

$

9.69

 

 

$

6.51

 

 

$

4.90

 

Diluted

 

$

7.67

 

 

$

9.67

 

 

$

6.50

 

 

$

4.89

 

 

(1)
Fourth quarter of 2022 results include an after-tax net benefit of $60.4 million related to state tax credits, an after-tax net benefit of $88.0 million related to a change in the valuation allowance of a state deferred tax asset, and a pre-tax $96.0 million write-off of the remaining carrying value of our leasehold interest in unproved oil and gas properties. This charge is included in the raw materials segment.