Nucor (NUE) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter decreased compared to the prior quarter and the same quarter last year. The downward trend continued from earlier periods.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 FY
Revenue for the quarter decreased compared to the prior quarter and the same quarter last year. The downward trend continued from earlier periods.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$7.7B
Revenue reported for this quarter.
Quarter-over-quarter
-12.2%
Change from the immediately preceding quarter.
Year-over-year
-11.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$34.7B
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 |
|---|---|---|
| Apr 1, 2023 | $8.7B | -17.0% |
| Jul 1, 2023 | $9.5B | -7.7% |
| Sep 30, 2023 | $8.8B | -7.8% |
| Dec 31, 2023 | $7.7B | -11.7% |
Revenue performance
The sequential decline in revenue reflects ongoing challenges in the reporting period.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was lower. Versus the same quarter one year earlier, revenue also decreased.
What to watch
Monitor whether revenue can stabilize after multiple quarters of decline.