Nucor (NUE) Gross Margin (2009 - 2026)
Nucor's (NUE) quarterly Gross Margin came in at 15.81% in Q2 2026, up 808.0% year-on-year from 1.74% in Q2 2025, and up 40.96% quarter-over-quarter from 11.21% in Q4 2025.
Nucor (NUE) Gross Margin (2009 - 2026) Analysis & Trends
Nucor has disclosed Gross Margin across 18 years of filings, most recently posting 15.81% for Q2 2026.
- Gross Margin for Q2 2026 came in at 15.81%, up 808.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 13.98% (up 351.0% YoY), and the FY2025 annual result was 11.93%, down 141.0% from the prior year.
- Gross Margin came in at 15.81% for Q2 2026 at Nucor, up from 11.21% 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.
- The 5-year median for Gross Margin is 18.09% (2023), against an average of 19.04%.
- Across the five-year window, Gross Margin jumped 983 bps in 2022 and slumped 1171 bps in 2024, its largest moves.
- Nucor's Gross Margin stood at 24.04% in 2022, then retreated by 25 bps to 18.09% in 2023, then slumped by 51 bps to 8.86% in 2024, then rose by 27 bps to 11.21% in 2025, then jumped by 41 bps to 15.81% in 2026.
- The last three Gross Margin figures came in at 15.81% (Q2 2026), 11.21% (Q4 2025), and 13.94% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | 17.46% |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 15.81% |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | - |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 14.66% |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 29.11% |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | -1.67% |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | -42.64% |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | 23.79% |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 9.89% |
| 10 | NWPX Infrastructure | 1.13 Bn | 1.11 Bn | 26.67 Mn | 19.29% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jul 3, 2021 | 28.14% |