2 new paragraphs in the 10-K, 2 new in the latest 10-Q
Paragraphs with nothing like them in last year's 10-K
2 paragraphs in Risk Factors of the 10-K filed Feb 25, 2026 with nothing like them in the 10-K filed Feb 27, 2025. Quoted exactly. Paragraphs that were only edited are under 10-K change.
Compared with the Risk Factors in the latest 10-K of the other 23 Materials companies: a paragraph with at least half its words the same at another company is called similar, and the companies are listed under it. A paragraph most of them have is marked boilerplate. No line means no other company has one like it. This counts text; it does not say how serious a risk is.
If our suppliers increase the prices of our critical raw materials, we may not have alternative sources of supply. In addition, to the extent that we have quoted prices to our customers and accepted customer
Read in the 10-K ↗
has the potential to put Nucor and its customers at a disadvantage to foreign competitors unless standardized mechanisms are used to fully evaluate and track products produced by foreign producers.
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Paragraphs in the 10-Q filed Nov 10, 2026 that were not in the one before
2 paragraphs in the 10-Q filed Nov 10, 2026 with nothing like them in the 10-Q filed Aug 12, 2026 (at least half the words must differ; new numbers alone do not count). Quoted exactly, grouped by the item heading above them. This is text that changed, not a judgement of how serious it is.
Financial statements and notes
Nine Months (39 Weeks) Ended October 3, 2026 October 4, 2025 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────── Operating activities: Net earnings before noncontrolling interests $3,623 $1,615 Adjustments: Depreciation 967 910 Amortization 188 191 Impairment of assets 32 20 Stock-based compensation 129 102 Deferred income taxes (71) 2 Distributions from affiliates 7 6 Equity in earnings of unconsolidated affiliates (24) (24) Changes in assets and liabilities (exclusive of acquisitions and dispositions): Accounts receivable (1,203) (614) Inventories (560) (295) Accounts payable 485 296 Federal income taxes 167 177 Salaries, wages and related accruals 458 20 Other operating activities 324 29 Cash provided by operating activities 4,522 2,435 Investing activities: Capital expenditures (1,861) (2,620) Investment in and advances to affiliates (2) (1) Disposition of plant and equipment 34 42 Divestiture of affiliate 4 - Purchases of investments (165) (872) Proceeds from the sale of investments 432 938 Other investing activities 23 4 Cash used in investing activities (1,535) (2,509) Financing activities: Net change in short-term debt 8 (89) Repayment of long-term debt (42) (1,012) Proceeds from issuance of long-term debt, net of discount 15 997 Bond issuance costs (1) (9) Proceeds from exercise of stock options 19 1 Payment of tax withholdings on certain stock-based compensation (82) (32) Distributions to noncontrolling interests (314) (231) Cash dividends (386) (385) Acquisition of treasury stock (976) (600) Proceeds from government incentives - 77 Other financing activities (14) 14 Cash used in financing activities (1,773) (1,269) Effect of exchange rate changes on cash (7) 6 Increase (decrease) in cash and cash equivalents 1,207 (1,337) Cash and cash equivalents - beginning of year 2,260 3,558 Cash and cash equivalents - end of nine months $3,467 $2,221 Non-cash investing activity: Change in accrued plant and equipment purchases $6 $14
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income (loss) at July 5, 2025 Other comprehensive income (loss) (10) (19) - (29)
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The 10-Q's risk factors against the 10-K
Item 1A of the 10-Q filed Nov 10, 2026 against Item 1A of the 10-K filed Feb 25, 2026.
A 10-Q repeats only the risks that changed, so a 10-K paragraph that is missing from it is not counted as removed.
Added is a paragraph with nothing like it in the 10-K, Reworded a sentence that is in both with several words changed,
Quiet changes a sentence in both where one to four words changed and one is a hedge or a modal
(cut words struck through, new words highlighted and underlined).
Text on the page, not a score; each links to the filing at sec.gov.
What the 10-Q itself says about its risk factors:
Read in the 10-Q ↗
There have been no material changes in Nucor’s risk factors from those included in “Item 1A. Risk Factors” in Nucor’s Annual Report on Form 10-K for the year ended December 31, 2025.
1 paragraph in the 10-Q's Item 1A, and none of them adds, rewords or quietly edits a paragraph of the 10-K's.