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
DateValue
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%