Nucor Corp (NUE)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 2,026,968 | 2,525,367 | 3,416,967 | 4,233,100 | 4,524,799 | 4,995,130 | 5,541,480 | 6,630,320 | 7,580,980 | 8,565,630 | 8,996,070 | 7,946,070 | 6,795,926 | 4,952,215 | 3,026,129 | 1,634,028 | 716,673 | 427,087 | 508,249 | 784,212 |
| Revenue (ttm) | US$ in thousands | 30,734,410 | 31,362,940 | 32,694,510 | 34,140,600 | 34,713,500 | 35,732,930 | 37,458,000 | 39,729,240 | 41,512,560 | 43,153,000 | 42,965,400 | 39,960,060 | 36,483,900 | 31,379,560 | 25,994,320 | 21,532,470 | 20,139,670 | 20,011,360 | 20,547,900 | 22,116,580 |
| Net profit margin | 6.60% | 8.05% | 10.45% | 12.40% | 13.03% | 13.98% | 14.79% | 16.69% | 18.26% | 19.85% | 20.94% | 19.89% | 18.63% | 15.78% | 11.64% | 7.59% | 3.56% | 2.13% | 2.47% | 3.55% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $2,026,968K ÷ $30,734,410K
= 6.60%
The net profit margin of Nucor Corp has shown fluctuations over the period from March 31, 2020, to December 31, 2024. Starting at 3.55% in March 2020, it experienced a downward trend until June 2020, reaching 2.47%. The margin continued to decline to 2.13% in September 2020, before rebounding to 3.56% by December 2020.
From March 2021 to June 2022, the net profit margin demonstrated an impressive growth trajectory, increasing from 7.59% to 20.94%. This period marked a significant improvement in profitability for Nucor Corp. However, starting from September 2022, the margin began to decrease gradually.
By December 2024, the net profit margin had decreased to 6.60% from its peak in June 2022. This indicates that the company's profitability declined over the latter part of the period under review. Overall, the net profit margin of Nucor Corp has shown both positive and negative trends, reflecting fluctuations in the company's financial performance and efficiency in generating profits relative to its revenues.
Peer comparison
Dec 31, 2024