• Nucor average pre-tax profit margin for 2023 was 19.86%, a 26.06% decline from 2022.
• Nucor average pre-tax profit margin for 2022 was 26.86%, a 54.28% decline from 2021.
• Nucor average pre-tax profit margin for 2021 was 17.41%, a 286.03% increase from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.