Nucor (NUE) Gross Margin (2009 - 2026)
Nucor (NUE) posted Gross Margin of 15.81% for Q2 2026, up 40.96% sequentially from 11.21% in Q4 2025, and up 808.0% YoY from 1.74% in Q2 2025.
Nucor (NUE) Gross Margin (2009 - 2026) Analysis & Trends
Nucor has reported Gross Margin for 18 years, with the latest figure at 15.81% in Q2 2026.
- Quarterly Gross Margin rose 808.0% year-over-year to 15.81% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 13.98% (up 351.0% YoY) and the FY2025 annual result came in at 11.93%, down 141.0% from the prior year.
- Gross Margin improved to 15.81% in Q2 2026 per NUE's latest filing, from 11.21% in the prior quarter.
- Over five years, Gross Margin peaked at 34.8% in Q3 2022 and troughed at 7.73% in Q2 2025.
- A 5-year average of 19.04% and a median of 18.09% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2024: Gross Margin soared 983 bps in 2022, then slumped 1171 bps in 2024.
- Over 5 years, Gross Margin stood at 24.04% in 2022, then slipped by 25 bps to 18.09% in 2023, then slumped by 51 bps to 8.86% in 2024, then advanced by 27 bps to 11.21% in 2025, then soared by 41 bps to 15.81% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 15.81%, 11.21%, and 13.94% for Q2 2026, Q4 2025, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 106.22 Bn | 96.33 Bn | 941.02 Mn | 21.68% |
| 2 | Nucor | 55.03 Bn | 52.34 Bn | 2.03 Bn | 19.56% |
| 3 | ArcelorMittal | 54.04 Bn | 49.19 Bn | - | - |
| 4 | Steel Dynamics | 31.61 Bn | 31.03 Bn | 958.97 Mn | 15.74% |
| 5 | Reliance | 19.53 Bn | 19.29 Bn | 1.30 Bn | 28.09% |
| 6 | Cleveland-Cliffs | 6.15 Bn | 6.08 Bn | 132.00 Mn | 2.53% |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | 15.83% |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.56 Bn | 3.00 Bn | - | - |
| 9 | Posco Holdings | 4.34 Bn | 1.84 Bn | 1.04 Bn | 16.96% |
| 10 | Worthington Steel | 1.70 Bn | 1.61 Bn | 118.80 Mn | 12.79% |
Historic Data
Download 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% |