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
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