Nucor (NUE) Revenue — Quarter Ended Dec 31, 2024
Revenue for the quarter decreased compared to both the prior quarter and the same quarter last year. The decline continues a trend of lower year-over-year revenue in each quarter of this fiscal year.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 FY
Revenue for the quarter decreased compared to both the prior quarter and the same quarter last year. The decline continues a trend of lower year-over-year revenue in each quarter of this fiscal year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$7.1B
Revenue reported for this quarter.
Quarter-over-quarter
-4.9%
Change from the immediately preceding quarter.
Year-over-year
-8.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$30.7B
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 |
|---|---|---|
| Mar 30, 2024 | $8.1B | -6.6% |
| Jun 29, 2024 | $8.1B | -15.2% |
| Sep 28, 2024 | $7.4B | -15.2% |
| Dec 31, 2024 | $7.1B | -8.2% |
Revenue performance
Reported revenue declined relative to the immediately preceding quarter. The sequential drop was less severe than the year-over-year decline for this period.
Quarterly comparison
Compared with the same quarter one year earlier, revenue was lower. The trailing twelve-month revenue also reflected a decrease from the comparable prior period.
What to watch
Monitor whether revenue can stabilize from the multi-quarter declining trend, as each quarter in this fiscal year posted a year-over-year decrease.