Nucor (NUE) Revenue — Quarter Ended Sep 28, 2024
Revenue declined during the quarter. Both sequential and year-over-year comparisons showed decreases.
Key takeaway
Quarter ended Sep 28, 2024 · FY2024 Q3
Revenue declined during the quarter. Both sequential and year-over-year comparisons showed decreases.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$7.4B
Revenue reported for this quarter.
Quarter-over-quarter
-7.8%
Change from the immediately preceding quarter.
Year-over-year
-15.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$31.4B
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, 2023 | $7.7B | -11.7% |
| Mar 30, 2024 | $8.1B | -6.6% |
| Jun 29, 2024 | $8.1B | -15.2% |
| Sep 28, 2024 | $7.4B | -15.2% |
Revenue performance
The revenue decrease reflects challenging market conditions.
Quarterly comparison
Compared to the prior quarter, revenue was lower; relative to the same quarter last year, revenue also decreased.
What to watch
Monitor demand trends and pricing actions in the steel market.