Nucor (NUE) Tax Provisions (2009 - 2026)
Nucor (NUE) reported Tax Provisions of $345 million for Q2 2026, up 78.8% from $193 million a year earlier and up 52.7% from the prior quarter.
Nucor (NUE) Tax Provisions (2009 - 2026) Analysis & Trends
Over the twelve months ended Jul 4, 2026, Nucor's Tax Provisions came in at $849 million, up 121.7% year-over-year; for FY2025, it was $530 million, down 9.1% from FY2024.
- Tax Provisions has declined for three consecutive years.
- By year, Tax Provisions came in at $583 million in FY2024 (-57.1%), $1.36 billion in FY2023 (-37.2%), $2.17 billion in FY2022 (+4.2%) and $2.08 billion in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Tax Provisions since Q2 2023.
- Year over year, Tax Provisions has now increased in each of the last five quarters, with growth averaging 42.7% over the last eight quarters.
- The high point for year-over-year Tax Provisions in five years was Q3 2021 (growth of 852.7%); the low point was Q4 2024 (a decline of 78.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $226 million (Q1 2026), $78 million (Q4 2025) and $200 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 167.53 Bn | 146.32 Bn | 2.90 Bn | - |
| 3 | Rio Tinto | 145.19 Bn | 105.69 Bn | - | - |
| 4 | Newmont | 125.76 Bn | 93.76 Bn | 4.03 Bn | 952.00 Mn |
| 5 | Freeport-Mcmoran | 100.06 Bn | 84.10 Bn | 2.19 Bn | 544.00 Mn |
| 6 | Agnico Eagle Mines | 94.12 Bn | 83.75 Bn | 2.43 Bn | 722.40 Mn |
| 7 | Barrick Mining | 69.05 Bn | 44.25 Bn | 2.90 Bn | 732.00 Mn |
| 8 | Nucor | 59.59 Bn | 48.98 Bn | 2.03 Bn | 345.00 Mn |
| 9 | ArcelorMittal | 47.82 Bn | 26.84 Bn | - | -175.00 Mn |
| 10 | AngloGold Ashanti | 46.49 Bn | 34.38 Bn | 1.70 Bn | 1.44 Bn |
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 345.00 Mn |
| Apr 4, 2026 | 226.00 Mn |
| Dec 31, 2025 | 78.00 Mn |
| Oct 4, 2025 | 200.00 Mn |
| Jul 5, 2025 | 193.00 Mn |
| Apr 5, 2025 | 59.00 Mn |
| Dec 31, 2024 | 45.00 Mn |
| Sep 28, 2024 | 86.00 Mn |
| Jun 29, 2024 | 186.00 Mn |
| Mar 30, 2024 | 266.00 Mn |
| Dec 31, 2023 | 205.31 Mn |
| Sep 30, 2023 | 326.83 Mn |
| Jul 1, 2023 | 462.71 Mn |
| Apr 1, 2023 | 365.16 Mn |
| Dec 31, 2022 | 207.96 Mn |
| Oct 1, 2022 | 523.88 Mn |
| Jul 2, 2022 | 763.17 Mn |
| Apr 2, 2022 | 671.00 Mn |
| Dec 31, 2021 | 667.63 Mn |
| Oct 2, 2021 | 645.84 Mn |
Nucor Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=NUE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "NUE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=NUE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();