Nucor Corp (NUE)
Operating profit margin
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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
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Operating income (ttm) | US$ in thousands | 5,902,280 | 6,606,050 | 8,417,180 | 11,043,340 | 12,503,280 | 13,928,990 | 14,491,870 | 12,861,110 | 11,025,410 | 8,220,738 | 5,316,663 | 3,221,122 | 2,227,950 | 1,944,610 | 1,652,324 | 1,589,499 | 1,451,645 | 2,128,717 | 2,476,596 | 2,815,090 |
Revenue (ttm) | US$ in thousands | 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 | 22,588,860 | 23,752,990 | 25,030,690 | 25,595,470 |
Operating profit margin | 17.00% | 18.49% | 22.47% | 27.80% | 30.12% | 32.28% | 33.73% | 32.18% | 30.22% | 26.20% | 20.45% | 14.96% | 11.06% | 9.72% | 8.04% | 7.19% | 6.43% | 8.96% | 9.89% | 11.00% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $5,902,280K ÷ $34,713,500K
= 17.00%
The operating profit margin of Nucor Corp. has shown a decreasing trend over the last eight quarters, starting at 27.33% in Q1 2022 and declining to 17.95% in Q4 2023. This downward trend indicates a decrease in the company's ability to generate profits from its core operations over this period. Factors such as increasing costs, lower sales prices, or inefficient operational management may have contributed to this declining trend. It is important for Nucor Corp. to closely monitor and address the factors affecting its operating profit margin to ensure long-term sustainable profitability.
Peer comparison
Dec 31, 2023