Nucor (NUE) Tax Rate (2009 - 2026)

Nucor (NUE) posted Tax Rate of 20.62% for Q2 2026, up 211.05% sequentially from 18.57% in Q4 2025, and down 8.0% YoY from 22.41% in Q2 2025.

Nucor (NUE) Tax Rate (2009 - 2026) Analysis & Trends

Nucor has reported Tax Rate for 18 years, with the latest figure at 20.62% in Q2 2026.

Quarterly Tax Rate fell 8.0% year-over-year to 20.62% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 16.12% (down 896.0% YoY) and the FY2025 annual result came in at 14.68%, down 941.0% from the prior year.
Tax Rate climbed to 20.62% in Q2 2026 per NUE's latest filing, from 18.57% in the prior quarter.
Over five years, Tax Rate peaked at 41.28% in Q4 2024 and troughed at 18.57% in Q4 2025.
A 5-year average of 20.15% and a median of 21.71% in 2024 frame the typical range for Tax Rate.
The sharpest annual moves came in 2022 and 2025: Tax Rate jumped 2763 bps in 2022, then plunged 5985 bps in 2025.
Over 5 years, Tax Rate stood at 16.63% in 2022, then grew by 15 bps to 19.04% in 2023, then jumped by 117 bps to 41.28% in 2024, then slumped by 145 bps to 18.57% in 2025, then surged by 211 bps to 20.62% in 2026.
According to Business Quant data, Tax Rate over the past three periods registered 20.62%, 18.57%, and 22.65% for Q2 2026, Q4 2025, and Q4 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Tax Rate (Qtr)
1	Ternium	106.22 Bn	96.33 Bn	941.02 Mn	-4.70%
2	Nucor	55.03 Bn	52.34 Bn	2.03 Bn	21.23%
3	ArcelorMittal	54.04 Bn	49.19 Bn	-	-20.30%
4	Steel Dynamics	31.61 Bn	31.03 Bn	958.97 Mn	22.34%
5	Reliance	19.53 Bn	19.29 Bn	1.30 Bn	24.71%
6	Cleveland-Cliffs	6.15 Bn	6.08 Bn	132.00 Mn	13.16%
7	Gerdau	5.42 Bn	4.28 Bn	558.98 Mn	-27.62%
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	-88.84%
10	Worthington Steel	1.70 Bn	1.61 Bn	118.80 Mn	-20.81%

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