• Nucor average operating margin for 2024 was 12.89%, a 35.52% decline from 2023.
• Nucor average operating margin for 2023 was 19.99%, a 26.29% decline from 2022.
• Nucor average operating margin for 2022 was 27.12%, a 52.45% decline from 2021.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.