Nucor today announced earnings for Q1 2008. EBITDA per ton was $144, up from an average of $130 per ton in 2007. See our EBITDA per ton calculations on the Nerds of Steel earnings spreadsheet. In its press release Nucor indicated that second quarter net income per share would be in the range of $1.55 to $1.60 up from $1.41 per share in Q1. This suggests that Q2 EBITDA will be over $150 per ton.
Nucor’s fourth quarter and 2007 full year operating income/ton and EBITDA/ton have been added to our quarterly results spreadsheet.
The spreadsheet is hosted on the Editgrid site, which allows people to share spreadsheets on the web.
When you’re looking at my post on quarterly financial results, you can open the online version of the quarterly results spreadsheet by clicking on the words “Editgrid spreadsheet” directly above the spreadsheet itself. This will take you to the nerds of steel page on Editgrid. You can then download a copy of the spreadsheet to your PC and save it on your hard drive. You can also look at the other spreadsheets we make publicly available.
Looks like Nucor’s EBITDA per ton in 2007 will be similar to the last few years and much higher than it was in any year prior to 2004. This is the new steel industry!
If you want to go to look for some of Nucor’s information files yourself you can go to this page. Some of the more useful files are available right here:
The Q4 2006 Investor Presentation describing the company at that point: Q4_2006 Investor Presentation.ppt
Tons & sales data 1998 through Q3 2007: Sales, Earnings, Tons data
Tons & sales data 1966-2006: Sales, Earnings, Tons data
Historical financials 1966-2006: Historical Data 1966-2006
Downloading any one will allow you to download the others.