GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Nucor Corp (LTS:0K9L) » Definitions » Tax Rate %

Nucor (LTS:0K9L) Tax Rate % : 22.01% (As of Sep. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Nucor Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nucor's Tax Expense for the three months ended in Sep. 2024 was $85 Mil. Nucor's Pre-Tax Income for the three months ended in Sep. 2024 was $388 Mil. Therefore, Nucor's Tax Rate % for the quarter that ended in Sep. 2024 was 22.01%.

Nucor Tax Rate % Historical Data

The historical data trend for Nucor's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nucor Tax Rate % Chart

Nucor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.10 -0.06 22.59 21.13 21.68

Nucor Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.11 19.04 21.74 20.71 22.01

Nucor Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Nucor's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=1359.966/6272.757
=21.68 %

Nucor's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=85.448/388.273
=22.01 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nucor Tax Rate % Related Terms

Thank you for viewing the detailed overview of Nucor's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Nucor Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Nucor Corp (LTS:0K9L) » Definitions » Tax Rate %
Comparable Companies
STLD RS X CMC TX CLF WS MTUS RDUS ZEUS BOM:500228 NSE:TATASTEEL TSE:5401 SHSE:600019 XAMS:MT XKRX:005490 SHSE:600010 BOM:532286 TPE:2002 MIC:CHMF
Traded in Other Exchanges
NUE:USA NUE:Mexico NUO:Germany NUO:Germany N1UE34:Brazil NUE:Argentina
Address
1915 Rexford Road, Charlotte, NC, USA, 28211
Website
https://www.nucor.com
Nucor Corp manufactures steel and steel products. The company also produces direct reduced iron for use in its steel mills. The operations include international trading and sales companies that buy and sell steel and steel products manufactured by the company and others. The operating business segments are: steel mills, steel products, and raw materials, the steel mills segment derives maximum revenue. The steel mills segment includes carbon and alloy steel in sheet, bars, structural and plate; steel trading businesses; rebar distribution businesses; and Nucor's equity method investments in NuMit and NJSM.

Nucor Headlines

No Headlines