Nucor Corp (NUE)

Profitability ratios

Return on sales

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
Gross profit margin 13.39% 15.57% 18.49% 21.51% 22.51% 23.84% 25.20% 27.80% 30.12% 32.28% 33.73% 32.18% 30.22% 26.20% 20.45% 14.96% 11.06% 9.72% 9.81% 10.91%
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%
Pretax margin 9.44% 11.45% 14.53% 17.29% 18.07% 18.83% 20.03% 22.51% 24.68% 27.16% 28.55% 27.03% 25.22% 20.43% 14.74% 9.23% 4.15% 3.98% 4.31% 5.60%
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%

Nucor Corp's profitability ratios have shown fluctuations over the years. The gross profit margin, which indicates the percentage of revenue remaining after deducting the cost of goods sold, has generally shown an increasing trend from 2020 to 2022, reaching a peak of 33.73% in June 30, 2022, but has since declined to 13.39% in December 31, 2024.

The operating profit margin, representing the percentage of revenue remaining after deducting both the cost of goods sold and operating expenses, has followed a similar trend as the gross profit margin, reaching a peak of 28.69% in June 30, 2022, before decreasing to 9.69% in December 31, 2024.

The pretax margin, which shows the percentage of revenue left after deducting all expenses except taxes, has also shown an increasing trend, peaking at 28.55% in June 30, 2022, and then declining to 9.44% in December 31, 2024.

The net profit margin, indicating the percentage of revenue left after all expenses, including taxes, has followed a similar pattern as the other profitability ratios, peaking at 20.94% in June 30, 2022, and decreasing to 6.60% in December 31, 2024.

Overall, Nucor Corp's profitability ratios have shown volatility over the years, with periods of growth followed by declines. This may indicate fluctuations in the company's efficiency in managing costs and generating profits.


Return on investment

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 return on assets (Operating ROA) 8.77% 10.57% 13.61% 17.13% 17.64% 20.01% 23.03% 28.48% 32.38% 36.83% 38.93% 37.95% 35.84% 27.50% 18.78% 11.66% 8.01% 6.77% 7.45% 9.68%
Return on assets (ROA) 5.97% 7.35% 10.00% 12.48% 12.80% 14.58% 16.60% 20.56% 23.34% 26.71% 28.41% 27.75% 26.32% 19.85% 13.16% 7.72% 3.56% 2.19% 2.71% 4.39%
Return on total capital 14.09% 17.15% 22.44% 28.08% 29.78% 33.16% 38.17% 47.91% 56.68% 67.02% 73.67% 71.68% 66.32% 48.65% 32.67% 19.01% 12.24% 12.43% 13.15% 16.44%
Return on equity (ROE) 9.99% 12.34% 16.49% 20.46% 21.61% 24.41% 27.77% 34.86% 41.17% 48.37% 53.52% 52.26% 48.49% 36.89% 24.70% 14.27% 6.64% 4.15% 4.99% 7.71%

Nucor Corp's profitability ratios show a fluctuating trend over the period of analysis.

- Operating return on assets (Operating ROA) increased significantly from 9.68% in March 2020 to 38.93% in June 2022, before dropping to 8.77% by December 2024. This implies that the company's operating income generated from its assets has been volatile.

- Return on assets (ROA) experienced a similar pattern, rising from 4.39% in March 2020 to 28.41% in June 2022, then declining to 5.97% by December 2024. This metric indicates the overall profitability of the company's assets, reflecting the ability to generate profits from its total assets.

- Return on total capital peaked at 73.67% in June 2022 but decreased to 14.09% by December 2024. This ratio reflects the return earned on all of the company's capital employed, considering both debt and equity. The decrease signals a potential decline in efficiency in utilizing the total capital to generate returns.

- Return on equity (ROE) also follows a fluctuating trend, rising from 7.71% in March 2020 to 53.52% in June 2022, and then declining to 9.99% by December 2024. ROE measures the return on shareholders' equity, indicating how well the company is using its equity to generate profits for shareholders.

Overall, the profitability ratios of Nucor Corp suggest varying levels of performance and profitability over the analyzed period, with some fluctuations in operating efficiency, asset utilization, capital efficiency, and returns to shareholders. It is essential for stakeholders to closely monitor these ratios to assess the company's financial health and performance accurately.