FINHUB Insights

NUE · Q2 FY24 · Mar 31 – Jun 29, 2024

Nucor Q2 FY24: where the revenue came from and where it went

Nucor Q2 FY24: revenue $8.1B (−15% year over year). Net profit $0.6B. Largest cohort Sheet $2.4B. The whole income statement as a sankey diagram from the SEC filing.

Period
Mar 31 – Jun 29, 2024
Reported
Aug 7, 2024 10-Q
Sankey diagram of Nucor's income statement for Q2 FY24: revenue of $8.1 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$8.1B −15% year over year
Gross profit$1.2B 15% margin
Operating profit$0.9B 11% margin
Net profit$0.6B 8% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY24 (period ends Jun 29, 2024).
ItemValueShare of revenueYear over year
Revenue 8.1 100% −15%
Sheet 2.4 30% −9%
Bar 1.4 17% −15%
Other 1.3 16%
Other Steel Products 0.9 11% +0%
Structural 0.6 7% −4%
Plate 0.5 6% −27%
Raw Materials 0.5 6% +0%
Rebar Fabrication 0.5 6% −25%
Cost of revenue−6.985%
Gross profit1.215% margin−11pp
SG&A−0.34%−1pp
Other−00%+0pp
Operating profit0.911% margin+0pp
Tax−0.2
Interest & other costs−0.1
Net profit0.68%−7pp
Filing on EDGAR More quarters of NUE

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters