Nucor (NUE) Revenue — Quarter Ended Sep 30, 2023
Revenue declined in the current quarter. The drop was similar when compared with both the preceding quarter and the same period one year earlier.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue declined in the current quarter. The drop was similar when compared with both the preceding quarter and the same period one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$8.8B
Revenue reported for this quarter.
Quarter-over-quarter
-7.8%
Change from the immediately preceding quarter.
Year-over-year
-7.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$35.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $8.7B | -15.8% |
| Apr 1, 2023 | $8.7B | -17.0% |
| Jul 1, 2023 | $9.5B | -7.7% |
| Sep 30, 2023 | $8.8B | -7.8% |
Revenue performance
The reported revenue fell from the immediately preceding quarter, extending the downward trajectory seen in recent interim periods. Compared with the same quarter one year prior, revenue was also lower.
Quarterly comparison
The quarter-on-quarter decline was consistent with the prior sequential trend, while the year-over-year comparison showed a contraction of a similar magnitude. The trailing twelve-month revenue stood at the supplied figure.
What to watch
Monitor whether the sequential revenue trend stabilizes or continues its current trajectory in upcoming filings.