Company / Gross Margin
Nucor Gross Margin History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
5.8%
FY2023
5-year range
5.8% / 8.3%
FY2019-FY2023
Trend
-30.9%
vs FY2022
Sector context
#68 of 69
Materials
What the data says
Among 69 Materials companies, Nucor is in the bottom 1% for gross margin. Gross Margin has fluctuated over the past 8 years, ranging from 1.9% in FY2016 to 8.3% in FY2022.
Based on SEC 10-K filings.
5.8% in FY2023 with a 5-year CAGR of +2.9%.
Declined from 7.2% to 5.8% over the past 2 years.
Materials sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- +3.3pp
- 5-Year Change
- +2.9pp
- 10-Year Change
- -
Sector benchmark
Bottom 1% in MaterialsTop 99% of 69This company 5.8% Sector average 26.0%
▼
-77.8% below sector average
Key checks
Key Insights
- In FY2023, gross margin decreased 30.9% year-over-year.
- Currently 20.2pp below the Materials sector average.
- Peak gross margin was recorded in FY2022.
- Lowest gross margin in the period was in FY2016.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | 5.8% | -30.9% |
| FY2022 | 8.3% | +16.0% |
| FY2021 | 7.2% | +186.1% |
| FY2020 | 2.5% | -43.2% |
| FY2019 | 4.4% | +52.4% |
| FY2018 | 2.9% | -37.2% |
| FY2017 | 4.6% | +138.1% |
| FY2016 | 1.9% | +10.9% |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026