Nucor Corp (NUE)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 2,026,968 | 2,525,367 | 3,416,967 | 4,233,100 | 4,524,799 | 4,995,130 | 5,541,480 | 6,630,320 | 7,580,980 | 8,565,630 | 8,996,070 | 7,946,070 | 6,795,926 | 4,952,215 | 3,026,129 | 1,634,028 | 716,673 | 427,087 | 508,249 | 784,212 |
| Total stockholders’ equity | US$ in thousands | 20,294,000 | 20,472,900 | 20,723,500 | 20,693,700 | 20,940,600 | 20,465,700 | 19,953,700 | 19,017,400 | 18,414,700 | 17,708,500 | 16,808,600 | 15,204,600 | 14,016,400 | 13,422,500 | 12,254,000 | 11,447,200 | 10,788,700 | 10,302,400 | 10,194,800 | 10,168,200 |
| 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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $2,026,968K ÷ $20,294,000K
= 9.99%
Nucor Corp's return on equity (ROE) has shown significant fluctuations over the past few years, ranging from as low as 4.15% in September 2020 to as high as 53.52% in June 2022. The company's ROE experienced a general upward trend from September 2021 to March 2023, reaching a peak of 53.52% in June 2022. However, from that point onwards, there was a gradual decline in ROE, dropping to 9.99% by December 2024.
The ROE values indicate the company's ability to generate profits from the shareholders' equity invested in the business. High ROE values suggest that Nucor Corp is effectively utilizing shareholders' equity to generate profits, while low ROE values may indicate inefficiencies in the company's operations or poor financial performance.
It is essential for investors and stakeholders to closely monitor Nucor Corp's ROE trends to assess the company's profitability and financial health, as these fluctuations can provide insights into the company's performance and potential future prospects.
Peer comparison
Dec 31, 2024