Nucor (NUE) Gross Margin (2009 - 2026)
Nucor's (NUE) quarterly Gross Margin came in at 19.56% in Q3 2026, up 510.0% year-over-year from 3.21% in Q3 2025, and up 23.77% quarter-over-quarter from 15.81% in Q2 2026.
Analysis
Nucor (NUE) Gross Margin (2009 - 2026) Analysis & Trends
Nucor has disclosed Gross Margin across 18 years of filings, most recently posting 19.56% for Q3 2026.
- In Q3 2026, Gross Margin rose 510.0% year-over-year to 19.56%; the TTM figure through Jul 2026 stood at 15.47% (up 504.0% YoY), while the FY2025 annual figure was 11.93%, down 141.0% from the prior year.
- Gross Margin came in at 19.56% for Q3 2026 at Nucor, up from 15.81% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 34.8% in Q3 2022 to a low of 7.73% in Q2 2025.
- Average Gross Margin over 5 years is 19.07%, with a median of 18.4% recorded in 2023.
- Year-over-year, Gross Margin surged 983 bps in 2022 and sank 1171 bps in 2024.
- Over 5 years, Gross Margin stood at 24.04% in 2022, then retreated by 25 bps to 18.09% in 2023, then plunged by 51 bps to 8.86% in 2024, then rose by 27 bps to 11.21% in 2025, then surged by 74 bps to 19.56% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 19.56% in Q3 2026, 15.81% in Q2 2026, and 11.21% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 116.34 Bn | 110.88 Bn | 941.02 Mn | 21.68% |
| 2 | Nucor | 59.22 Bn | 57.68 Bn | 2.03 Bn | 19.56% |
| 3 | Steel Dynamics | 34.76 Bn | 33.98 Bn | 958.97 Mn | 15.74% |
| 4 | Gerdau | 9.98 Bn | 8.94 Bn | 558.98 Mn | 15.83% |
| 5 | Commercial Metals | 7.78 Bn | 7.22 Bn | 455.14 Mn | 18.33% |
| 6 | Cleveland-Cliffs | 7.13 Bn | 7.27 Bn | 132.00 Mn | 2.53% |
| 7 | Posco Holdings | 4.74 Bn | -4.93 Bn | 1.11 Bn | 8.62% |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.41 Bn | 2.86 Bn | - | - |
| 9 | National Steel | 1.62 Bn | -1.21 Bn | 579.08 Mn | 11.75% |
| 10 | SunCoke Energy | 876.76 Mn | 861.96 Mn | 100.40 Mn | 21.12% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 19.56% |
| Apr 4, 2026 | 15.81% |
| Dec 31, 2025 | 11.21% |
| Oct 4, 2025 | 13.94% |
| Jul 5, 2025 | 14.46% |
| Apr 5, 2025 | 7.73% |
| Dec 31, 2024 | 8.86% |
| Sep 28, 2024 | 10.18% |
| Jun 29, 2024 | 14.78% |
| Mar 30, 2024 | 18.72% |
| Dec 31, 2023 | 18.09% |
| Sep 30, 2023 | 21.89% |
| Jul 1, 2023 | 26.27% |
| Apr 1, 2023 | 22.94% |
| Dec 31, 2022 | 24.04% |
| Oct 1, 2022 | 27.08% |
| Jul 2, 2022 | 34.80% |
| Apr 2, 2022 | 32.96% |
| Dec 31, 2021 | 33.99% |
| Oct 2, 2021 | 33.03% |