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Nucor (NUE) Profitability Rank : 9 (As of Mar. 2024)


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What is Nucor Profitability Rank?

Nucor has the Profitability Rank of 9. It has a higher profitability and may stay that way.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Nucor's Operating Margin % for the quarter that ended in Mar. 2024 was 14.47%. As of today, Nucor's Piotroski F-Score is 6.


Competitive Comparison of Nucor's Profitability Rank

For the Steel subindustry, Nucor's Profitability Rank, along with its competitors' market caps and Profitability Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nucor's Profitability Rank Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Nucor's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Nucor's Profitability Rank falls into.



Nucor Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Nucor has the Profitability Rank of 9. It has a higher profitability and may stay that way.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Nucor's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=1177.785 / 8137.083
=14.47 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Nucor has an F-score of 6 indicating the company's financial situation is typical for a stable company.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Good Sign:

Nucor Corp operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank


Nucor Profitability Rank Related Terms

Thank you for viewing the detailed overview of Nucor's Profitability Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Nucor (NUE) Business Description

Address
1915 Rexford Road, Charlotte, NC, USA, 28211
Nucor Corp manufactures steel and steel products. The company also produces direct reduced iron for use in its steel mills. The operations include international trading and sales companies that buy and sell steel and steel products manufactured by the company and others. The operating business segments are: steel mills, steel products, and raw materials, the steel mills segment derives maximum revenue. The steel mills segment includes carbon and alloy steel in sheet, bars, structural and plate; steel trading businesses; rebar distribution businesses; and Nucor's equity method investments in NuMit and NJSM.
Executives
Douglas J Jellison officer: Executive Vice President 1915 REXFORD RD, CHARLOTTE NC 28211
Nicholas C Gangestad director 3M CENTER-OFFICE OF GENERAL COUNSEL, ST. PAUL MN 55144-1000
D. Chad Utermark officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211
Michael D Keller officer: General Mgr. and Corp. Contro 1915 REXFORD ROAD, CHARLOTTE NC 28211
Allen C Behr officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211
David A Sumoski officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211
Gregory J Murphy officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211
Leon J Topalian officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211
Daniel R. Needham officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211
State Farm Mutual Automobile Insurance Co 10 percent owner ONE STATE FARM PLAZA, BLOOMINGTON IL 61710
Noah C Hanners officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211
Kenneth Rex Query officer: Executive Vice President 2100 REXFORD RD, CHARLOTTE NC 28211
John J Hollatz officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211
Stephen D Laxton officer: CFO, Treasurer and EVP 1915 REXFORD ROAD, CHARLOTTE NC 28211
Bradley Ford officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211

Nucor (NUE) Headlines

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