Nucor Corp.

Strong Quarterly Performance: Nucor generated an EBITDA of $696 million and adjusted EPS of $0.77 in Q1 2025. Net earnings were $156 million, reflecting a decline from previous quarters mainly due to pre-tax charges of $29 million associated with closing and repurposing certain facilities, alongside $170 million in pre-operating and startup costs.

Optimistic Demand Outlook: The company reported a significant increase in backlogs, with steel mill backlogs rising over 30% and steel products by nearly 25%. They anticipate continued demand growth driven by sectors such as construction, energy, and advanced manufacturing, with expectations of improved performance in Q2 due to stable volumes and higher realized pricing.

Investment in Growth: Nucor reinvested approximately $860 million in growth initiatives, with about two-thirds of that aimed at projects set to start operations within the next two years. Upcoming projects include new facilities in North Carolina, Arizona, and expanded capabilities in existing mills, contributing to future revenue growth.