Nucor Corp (NUE)

Operating 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
Operating income (ttm) US$ in thousands 2,977,707 3,629,427 4,651,180 5,811,260 6,235,100 6,858,510 7,688,750 9,182,530 10,516,810 11,812,870 12,327,530 10,865,800 9,255,860 6,862,079 4,318,831 2,468,343 1,612,909 1,321,460 1,397,988 1,728,560
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
Operating profit margin 9.69% 11.57% 14.23% 17.02% 17.96% 19.19% 20.53% 23.11% 25.33% 27.37% 28.69% 27.19% 25.37% 21.87% 16.61% 11.46% 8.01% 6.60% 6.80% 7.82%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $2,977,707K ÷ $30,734,410K
= 9.69%

Based on the provided data, Nucor Corp has shown fluctuations in its operating profit margin over the specified time period. The operating profit margin is a key financial metric that reflects the efficiency of a company in generating profits from its core operations.

From March 31, 2020, to June 30, 2022, Nucor Corp's operating profit margin displayed a positive trend, steadily increasing from 7.82% to 28.69%. This significant improvement indicates an enhanced ability to convert revenue into operating profit, suggesting effective cost management and operational performance during this period.

However, starting from September 30, 2022, the operating profit margin began to decline, reaching 9.69% by December 31, 2024. The decreasing trend in the latter part of the timeline may indicate challenges or inefficiencies in the company's operations, impacting its profitability.

It is important for stakeholders to closely monitor Nucor Corp's operating profit margin, as it provides insights into the company's operational efficiency and profitability. Analyzing the factors contributing to the fluctuations in the operating profit margin can help in understanding the underlying drivers of Nucor Corp's financial performance and identify areas for improvement.