Nucor 2013 Annual Report Download - page 31

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30
NET EARNINGS AND RETURN ON EQUITY
Nucor reported net earnings of $488.0 million, or $1.52 per diluted share, in 2013 compared to net earnings of $504.6 million,
or $1.58 per diluted share, in 2012. Net earnings attributable to Nucor stockholders as a percentage of net sales were 3% in both
2013 and 2012. Return on average stockholders’ equity was 6% and 7% in 2013 and 2012, respectively.
COMPARISON OF 2012 TO 2011
RESULTS OF OPERATIONS
NET SALES
Net sales to external customers by segment for 2012 and 2011 were as follows:
(in thousands)
Year Ended December 31, 2012 2011 % Change
Steel mills $13,781,797 $14,463,683 -5%
Steel products 3,738,381 3,431,490 9%
Raw materials 1,909,095 2,128,391 -10%
Total net sales to external customers $19,429,273 $20,023,564 -3%
Net sales for 2012 decreased 3% from the prior year. The average sales price per ton decreased 3% from $869 in 2011 to $841 in
2012, while total tons shipped to outside customers only slightly increased.
In the steel mills segment, production and sales tons were as follows:
(in thousands)
Year Ended December 31, 2012 2011 % Change
Steel production 19,865 19,561 2%
Outside steel shipments 17,473 16,796 4%
Inside steel shipments 2,769 3,329 -17%
Total steel shipments 20,242 20,125 1%
year
$0
$1.50
-$1.50
$3.00
$4.50
$6.00
11 12 1308 1009
dollars
DILUTED EARNINGS PER SHARE
RETURN ON AVERAGE STOCKHOLDERS’ EQUITY
0%
10%
20%
-10%
30%
40%
percent