On Jan. 25, Nucor
- Net revenue increased by 8.1% as the average sales price per ton increased by 8% although the average tons shipped remained flat.
- Net income increased by 19.7% thanks, in part, to increased interest income and earnings from minority interests.
- In December, the company's board of directors announced a supplemental dividend of $0.50 per share, bringing the company's annual dividend per share to $0.60.
- The company continued its stock repurchase program well into the fourth quarter by buying back approximately 1.6 million shares. Management has authorization to repurchase about 14.1 million shares under the program.
- Nucor is a three-star rated company in Motley Fool CAPS.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$3,468.6 |
$3,207.5 |
8.1% |
|
Net Profit |
$408.2 |
$341.0 |
19.7% |
|
EPS |
$1.35 |
$1.09 |
23.9% |
|
Diluted Shares |
303.4 |
312.9 |
(3.0%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
23.6% |
21.4% |
2.1 |
|
Operating Margin |
18.1% |
16.3% |
1.8 |
|
Net Margin |
11.8% |
10.6% |
1.1 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$2,196.3 |
$1,837.5 |
19.5% |
|
Accounts Rec. |
$1,067.3 |
$1,000.6 |
6.7% |
|
Inventory |
$1,141.2 |
$945.1 |
20.8% |
|
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$516.6 |
$501.6 |
3.0% |
|
Long-Term Debt* |
$922.3 |
$922.3 |
0.0% |
Learn the ways of the balance sheet.
Cash Flow Highlights
|
YTD 2006 |
YTD 2005 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$2,251.2 |
$2,136.6 |
5.4% |
|
Capital Expenditures |
$338.4 |
$331.5 |
2.1% |
|
Free Cash Flow |
$1,912.8 |
$1,805.1 |
6.0% |
Find out why Fools always follow the money.
Related Companies:
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US Steel
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Posco
(NYSE:PKX)
Related Foolishness:
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