• Nucor average net profit margin for 2023 was 14.59%, a 26.05% decline from 2022.
• Nucor average net profit margin for 2022 was 19.73%, a 47.13% decline from 2021.
• Nucor average net profit margin for 2021 was 13.41%, a 357.68% increase from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.