Discontinued — last reported Q3 '23
Nucor Rebar Fabrication — Goodwill increased by 1.5% to $351.50M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 0.4%, from $350.00M to $351.50M.
Stable or increasing levels generally reflect successful integration of acquisitions, while significant decreases often signal impairment due to underperformance.
This represents the unamortized portion of the purchase price paid for the Rebar Fabrication business that exceeds the f...
Common in companies that grow through M&A; peers with high goodwill are more sensitive to economic downturns affecting specific segments.
nue_segment_rebar_fabrication_goodwill| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $374.10M | $366.20M | $363.00M | $369.80M | $361.30M | $350.00M | $347.60M | $346.40M | $351.50M |
| QoQ Change | — | -2.1% | -0.9% | +1.9% | -2.3% | -3.1% | -0.7% | -0.3% | +1.5% |
| YoY Change | — | — | — | — | -3.4% | -4.4% | -4.2% | -6.3% | +0.4% |