Nucor Corp delivered a strong second quarter of 2026 with approximately $2 billion in EBITDA and earnings of $5.04 per share, or $4.84 per share on an adjusted basis. Steel mill shipments reached an all-time high of 7.1 million tons, marking the second consecutive quarter of record shipments, while steel products shipments increased 11% from the first quarter. The company returned $479 million to shareholders through dividends and share buybacks, representing 41% of net earnings of $1.2 billion. Capital expenditures were $571 million for the quarter, with full-year spending expected at $2.5 billion, and free cash flow hit $829 million, the strongest quarter since 2023. Nucor ended the quarter with $2.7 billion in cash and $3.4 billion in total liquidity, while total debt stood at 23% of capital.
Nucor CorpNucor reported record EBITDA of $2B, strong earnings, and robust free cash flow, returning $479M to shareholders.