Nucor Corp (NUE)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	2,027,000	4,524,800	7,607,340	6,827,460	721,470
Revenue	US$ in thousands	30,734,000	34,713,500	41,512,500	36,483,900	20,139,700
Net profit margin		6.60%	13.03%	18.33%	18.71%	3.58%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $2,027,000K ÷ $30,734,000K
= 6.60%

Based on the data provided, Nucor Corp's net profit margin has experienced fluctuations over the years. In 2020, the net profit margin was 3.58%, indicating that the company generated $0.0358 in net income for every $1 of revenue.

There was a substantial improvement in 2021, with the net profit margin increasing to 18.71%, likely due to higher revenue and effective cost management. This suggests that Nucor was able to retain a larger portion of its revenue as profit.

However, in 2022 and 2023, the net profit margin remained relatively stable at around 18.33% and 13.03% respectively. This indicates that Nucor was able to maintain profitability levels despite potential challenges in the operating environment.

In 2024, there was a notable decrease in the net profit margin to 6.60%, which may be a cause for concern as it indicates a lower level of profitability compared to the previous years. This could be attributed to various factors such as increased costs, pricing pressures, or other external influences impacting the company's bottom line.

Overall, while Nucor Corp's net profit margin has shown variability, it is important for the company to monitor and address any factors affecting profitability in order to sustain long-term financial health and growth.