Nucor Corp (NUE)

Operating profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating income	US$ in thousands	2,979,000	6,239,980	10,516,800	9,421,870	1,602,380
Revenue	US$ in thousands	30,734,000	34,713,500	41,512,500	36,483,900	20,139,700
Operating profit margin		9.69%	17.98%	25.33%	25.82%	7.96%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $2,979,000K ÷ $30,734,000K
= 9.69%

Based on the data provided, Nucor Corp's operating profit margin has shown fluctuations over the past five years. In December 2020, the operating profit margin was 7.96%, indicating that for every dollar of revenue generated, the company retained 7.96 cents as operating profit.

There was a significant improvement in the operating profit margin in the subsequent years, with a notable increase to 25.82% by December 2021 and maintained high at 25.33% by December 2022. This spike may indicate enhanced operational efficiency or more effective cost management during these periods.

However, by December 2023, the operating profit margin decreased to 17.98%, suggesting a potential decrease in profitability or an increase in operating expenses relative to revenue. This decline might be attributed to various factors such as rising costs or competitive pressures impacting the company's profitability.

Furthermore, by December 2024, the operating profit margin dropped further to 9.69%, marking a significant decrease compared to the previous year. This reduction could signal a need for Nucor Corp to evaluate its cost structure, revenue streams, and operational efficiency to sustain profitability in the future.

Overall, the fluctuating trend in Nucor Corp's operating profit margin over the past five years reflects the dynamic nature of the company's financial performance and highlights the importance of closely monitoring profitability metrics to assess business sustainability and make informed strategic decisions.