Nucor profit margin NUE
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 8.0%
- Operating margin, 12 months
- 11.4%
- Net margin on a year earlier
- +3.8 pts
- Peer median
- 7.8%
Over the twelve months to Jul 4, 2026, Nucor kept 8.0% of its revenue as net profit, with an operating margin of 11.4% and a gross margin of 15.5%.
Five years earlier its net margin was 11.7%.
The median for 3 steel stocks of a similar size is 7.8%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 5.4% | 8.0% | 11.9% |
| FY2024 | 6.6% | 9.2% | 13.3% |
| FY2023 | 13.0% | 17.9% | 22.5% |
| FY2022 | 18.3% | 25.1% | 30.1% |
| FY2021 | 18.7% | 25.4% | 30.2% |
| FY2020 | 3.6% | 5.0% | 11.1% |
| FY2019 | 5.6% | 8.4% | 11.9% |
| FY2018 | 9.4% | 13.3% | 17.1% |
| FY2017 | 6.5% | 9.3% | 12.7% |
| FY2016 | 4.9% | 8.8% | 12.5% |
| FY2015 | 0.5% | 5.3% | 9.6% |
| FY2014 | 3.4% | 6.4% | 9.0% |
| FY2013 | 2.6% | 4.9% | 7.4% |
| FY2012 | 2.6% | 5.3% | 7.8% |
| FY2011 | 3.9% | 7.1% | 9.5% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 8.0% | +3.8 pts | 11.4% | |
| Q1 FY26 | 6.8% | +2.4 pts | 10.0% | |
| Q4 FY25 | 5.4% | −1.2 pts | 8.0% | |
| Q3 FY25 | 5.2% | −2.9 pts | 7.8% | |
| Q2 FY25 | 4.2% | −6.2 pts | 6.4% | |
| Q1 FY25 | 4.4% | −8.0 pts | 6.4% | |
| Q4 FY24 | 6.6% | −6.4 pts | 9.2% | |
| Q3 FY24 | 8.1% | −5.9 pts | 11.1% | |
| Q2 FY24 | 10.5% | −4.4 pts | 14.2% | |
| Q1 FY24 | 12.4% | −4.3 pts | 17.0% | |
| Q4 FY23 | 13.0% | −5.3 pts | 17.9% | |
| Q3 FY23 | 14.0% | −6.0 pts | 18.9% |
Against its peers
Companies in Steel nearest Nucor's size, closest first, today.
| Company | Profit margin |
|---|---|
| NUENucor | 8.0% |
| STLDSteel Dynamics | 7.8% |
| RSReliance Steel & Aluminum | 5.7% |
| CRSCarpenter Technology | 17.0% |
| Peer median | 7.8% |
Where Nucor ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Nucor
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.