• Nucor average ebitda margin for 2023 was 23.09%, a 21.62% decline from 2022.
• Nucor average ebitda margin for 2022 was 29.46%, a 42.11% decline from 2021.
• Nucor average ebitda margin for 2021 was 20.73%, a 130.85% increase from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.