Gerdau (GGB) Financials

$2.66 +0.07 (+2.70%)

As of 03:59 PM Eastern

Annual Income Statements for Gerdau

This table shows Gerdau's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	-1,150	-886	-96	712	306	464	2,441	2,172	1,340	532
Consolidated Net Income / (Loss)	-1,161	-887	-102	600	303	460	2,791	2,172	1,553	744
Net Income / (Loss) Continuing Operations	-1,161	-887	-102	706	303	460	2,429	2,171	1,333	527
Total Pre-Tax Income	-1,539	-794	-13	556	417	673	3,636	2,999	1,926	884
Total Operating Income	-806	-481	376	1,147	796	971	3,450	3,248	1,986	994
Total Gross Profit	1,084	1,065	1,088	1,585	1,046	1,142	3,734	3,547	2,336	1,488
Total Revenue	11,007	11,574	11,146	11,896	9,864	8,435	14,053	15,705	14,203	10,839
Operating Revenue	11,007	11,574	11,146	11,896	9,864	8,435	14,053	15,705	14,203	10,839
Total Cost of Revenue	9,924	10,509	10,058	10,311	8,818	7,293	10,319	12,043	11,868	9,350
Operating Cost of Revenue	9,924	10,509	10,058	10,311	8,818	7,293	10,319	12,043	11,868	9,350
Total Operating Expenses	1,890	1,546	713	438	249	171	284	414	350	495
Selling, General & Admin Expense	652	688	500	426	356	295	378	414	455	350
Other Operating Expenses / (Income)	-24	-39	-61	9.02	-112	-215	-93	-	-105	112
Impairment Charge	1,262	897	337	2.55	5.24	92	-0.06	-	0.00	32
Total Other Income / (Expense), net	-733	-312	-389	-484	-380	-298	-175	-249	-280	-327
Interest Expense	450	618	521	465	366	325	305	-	288	244
Interest & Investment Income	89	56	68	55	51	67	146	-	186	117
Other Income / (Expense), net	-373	250	64	-75	-65	-39	-16	-249	-178	-201
Income Tax Expense	-378	94	89	-44	114	213	846	829	373	140
Net Income / (Loss) Attributable to Noncontrolling Interest	11	-1.50	-6.25	-5.80	-3.27	-4.29	-12	-	-7.30	-5.30
Basic Earnings per Share	($2.69)	($1.70)	($0.21)	$1.35	$0.71	$0.00	$0.00	-	$0.00	$0.00
Weighted Average Basic Shares Outstanding	-	-	573.63M	573.63M	573.63M	573.63M	573.63M	571.93M	600.53M	719.96M
Diluted Earnings per Share	($2.69)	($1.70)	($0.21)	$1.34	$0.70	$1.38	$0.00	-	$0.00	$0.00
Weighted Average Diluted Shares Outstanding	-	-	573.63M	573.63M	573.63M	573.63M	573.63M	571.93M	600.53M	719.96M
Weighted Average Basic & Diluted Shares Outstanding	-	-	573.63M	573.63M	573.63M	573.63M	573.63M	571.93M	600.53M	719.96M

No quarterly income statements for Gerdau are available.

This table details how cash moves in and out of Gerdau's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	656	-180	-757	86	-62	380	-82	-319	109	770
Net Cash From Operating Activities	-1,809	1,081	627	515	409	1,234	2,245	2,109	2,296	1,840
Net Cash From Continuing Operating Activities	1,809	1,081	627	515	409	1,234	2,204	2,093	2,050	1,913
Net Income / (Loss) Continuing Operations	-1,161	-887	-102	600	303	460	2,791	2,172	1,553	744
Consolidated Net Income / (Loss)	-1,161	-887	-102	600	303	460	2,791	2,172	1,553	744
Depreciation Expense	659	780	632	488	516	481	477	542	628	506
Non-Cash Adjustments To Reconcile Net Income	2,162	1,300	568	509	257	148	-73	209	495	296
Changes in Operating Assets and Liabilities, net	149	-112	-470	-1,080	-667	145	-991	-830	-627	368
Net Cash From Investing Activities	-612	-329	-162	614	-473	-429	-537	-844	-1,190	-814
Net Cash From Continuing Investing Activities	-612	-329	-162	614	-473	-429	-537	-844	-1,091	-814
Purchase of Property, Plant & Equipment	-587	-407	-264	-308	-435	-318	-543	-812	-1,100	-934
Acquisitions	-5.29	-	-	0.00	0.00	-85	-	0.00	0.00	-74
Purchase of Investments	-42	-17	-65	-17	-20	-38	-9.46	-41	-	-58
Sale of Property, Plant & Equipment	23	95	167	1,036	5.43	12	15	9.14	8.38	252
Net Cash From Financing Activities	-718	-719	-1,225	-1,097	-2.39	-480	-1,791	-1,562	-850	-435
Net Cash From Continuing Financing Activities	-718	-719	-1,225	-1,097	-2.39	-480	-1,791	-1,553	-850	-435
Repayment of Debt	-1,270	-1,416	-2,186	-1,546	-1,256	-1,027	-967	-664	-663	-603
Repurchase of Preferred Equity	-48	-29	0.00	-63	-	0.00	0.00	-203	-	-193
Payment of Dividends	-90	-26	-26	-154	-120	-53	-958	-1,115	-553	-268
Issuance of Debt	769	755	986	660	1,390	601	109	428	366	634
Other Financing Activities, net	-78	-2.00	1.75	6.64	-16	-1.50	25	0.51	-	-4.04
Effect of Exchange Rate Changes	177	-213	2.25	54	4.42	56	0.94	-23	-	178

No quarterly cash flow statements for Gerdau are available.

This table presents Gerdau's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	16,794	15,187	13,215	13,437	12,152	13,241	13,961	15,434	14,039
Total Current Assets	4,950	4,156	4,310	4,537	4,507	2,829	2,542	2,630	2,614
Cash & Equivalents	1,556	772	745	657	889	746	468	619	1,256
Short-Term Investments	-	248	118	909	585	471	560	482	82
Accounts Receivable	1,254	966	961	790	951	1,345	1,209	1,213	1,024
Current Deferred & Refundable Income Taxes	192	147	115	120	202	144	154	203	148
Other Current Assets	-	-	-	154	114	122	149	112	101
Other Current Nonoperating Assets	0.79	0.00	7.91	0.71	0.00	0.58	0.62	0.16	2.74
Plant, Property, & Equipment, net	5,949	4,965	4,006	3,957	3,322	3,362	3,864	4,716	4,785
Total Noncurrent Assets	5,581	6,066	4,899	4,943	4,324	4,024	4,184	4,700	3,971
Long-Term Investments	246	387	352	451	437	599	737	795	683
Goodwill	2,911	2,383	2,348	2,356	2,330	2,229	2,201	2,231	2,240
Intangible Assets	406	293	215	168	120	91	79	77	65
Noncurrent Deferred & Refundable Income Taxes	1,065	932	1,007	1,129	781	548	506	852	675
Employee Benefit Assets	17	0.35	4.63	11	7.55	0.89	1.74	2.41	1.57
Other Noncurrent Operating Assets	936	941	972	635	491	401	478	499	118
Other Noncurrent Nonoperating Assets	0.00	1,131	0.00	193	157	155	182	244	189
Total Liabilities & Shareholders' Equity	16,794	15,187	13,215	13,437	12,152	13,241	13,961	15,434	14,039
Total Liabilities	9,332	7,973	6,531	6,676	6,168	5,560	5,203	5,285	4,631
Total Current Liabilities	2,645	1,995	2,176	1,832	2,004	2,468	2,497	2,297	1,715
Short-Term Debt	1,370	605	470	389	276	317	590	370	119
Accounts Payable	843	960	1,117	936	1,047	1,438	1,252	1,216	925
Current Deferred & Payable Income Tax Liabilities	23	21	102	51	156	155	94	104	56
Other Taxes Payable	105	86	91	108	116	98	75	106	67
Other Current Liabilities	301	323	351	336	312	460	482	497	549
Other Current Nonoperating Liabilities	2.02	0.00	1.35	0.00	0.19	0.00	3.60	3.92	0.28
Total Noncurrent Liabilities	6,688	5,978	4,355	4,844	4,164	3,092	2,705	2,988	2,916
Long-Term Debt	4,957	4,379	3,371	3,605	3,096	2,202	1,795	1,875	2,086
Capital Lease Obligations	-	-	0.00	150	120	115	143	186	137
Asset Retirement Reserve & Litigation Obligation	26	26	34	28	57	103	92	107	107
Noncurrent Deferred & Payable Income Tax Liabilities	122	25	31	129	12	18	18	42	26
Noncurrent Employee Benefit Liabilities	463	430	350	366	358	254	169	146	88
Other Noncurrent Operating Liabilities	1,121	790	569	567	519	401	489	633	472
Total Equity & Noncontrolling Interests	7,462	7,214	6,685	6,761	5,985	7,680	8,759	10,148	9,407
Total Preferred & Common Equity	7,386	7,139	6,631	6,707	5,941	7,642	8,724	10,111	9,371
Total Common Equity	7,386	7,139	6,631	6,707	5,941	7,642	8,724	10,111	9,371
Common Stock	5,917	5,812	4,961	4,790	3,706	3,453	3,642	4,166	3,925
Retained Earnings	1,157	1,001	1,239	1,405	1,404	3,200	4,195	5,341	3,920
Treasury Stock	-30	-23	-72	-60	-44	-27	-34	-31	-119
Other Equity Adjustments	343	349	504	573	876	1,017	922	635	1,645
Noncontrolling Interest	76	75	54	54	43	38	34	37	36

No quarterly balance sheets for Gerdau are available.

This table displays calculated financial ratios and metrics derived from Gerdau's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	5.15%	-3.69%	6.72%	-17.08%	-14.49%	66.60%	11.76%	-9.56%	-23.69%
EBITDA Growth	0.00%	205.36%	95.47%	45.58%	-20.04%	13.24%	176.88%	-9.44%	-31.22%	-46.69%
EBIT Growth	0.00%	80.38%	290.06%	143.87%	-31.82%	27.36%	268.72%	-12.65%	-39.73%	-56.14%
NOPAT Growth	0.00%	40.30%	178.05%	370.56%	-53.22%	14.58%	299.27%	-11.21%	-31.88%	-47.77%
Net Income Growth	0.00%	23.58%	88.47%	686.32%	-49.50%	51.84%	507.05%	-22.19%	-28.47%	-52.12%
EPS Growth	0.00%	36.80%	87.65%	738.10%	-47.76%	97.14%	-100.00%	0.00%	0.00%	0.00%
Operating Cash Flow Growth	0.00%	159.75%	-42.01%	-17.79%	-20.68%	201.81%	82.00%	-6.05%	8.83%	-19.83%
Free Cash Flow Firm Growth	0.00%	0.00%	116.21%	-3.48%	-35.05%	52.59%	159.80%	-64.94%	-69.53%	98.04%
Invested Capital Growth	0.00%	0.00%	-14.42%	-6.43%	-6.87%	-13.77%	-29.18%	12.31%	18.16%	-2.65%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	9.85%	9.20%	9.76%	13.32%	10.60%	13.54%	26.57%	22.59%	16.44%	13.73%
EBITDA Margin	-4.73%	4.74%	9.61%	13.11%	12.64%	16.74%	27.83%	22.55%	17.15%	11.98%
Operating Margin	-7.32%	-4.16%	3.37%	9.64%	8.07%	11.51%	24.55%	20.68%	13.98%	9.17%
EBIT Margin	-10.71%	-2.00%	3.95%	9.01%	7.41%	11.04%	24.43%	19.10%	12.73%	7.32%
Profit (Net Income) Margin	-10.55%	-7.66%	-0.92%	5.04%	3.07%	5.45%	19.86%	13.83%	10.94%	6.86%
Tax Burden Percent	75.41%	111.79%	782.57%	107.83%	72.66%	68.31%	76.75%	72.41%	80.64%	84.17%
Interest Burden Percent	130.56%	343.00%	-2.97%	51.85%	57.00%	72.27%	105.91%	100.00%	106.57%	111.43%
Effective Tax Rate	0.00%	0.00%	0.00%	-7.83%	27.34%	31.69%	23.25%	27.63%	19.36%	15.83%
Return on Invested Capital (ROIC)	0.00%	-5.77%	2.43%	12.79%	6.41%	8.18%	41.29%	41.66%	24.59%	12.01%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-31.90%	-8.03%	-10.65%	-5.57%	-3.55%	7.25%	48.61%	26.22%	15.30%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-18.01%	-3.82%	-4.17%	-1.91%	-0.97%	-0.45%	-15.23%	-8.16%	-4.41%
Return on Equity (ROE)	0.00%	-23.78%	-1.39%	8.63%	4.50%	7.21%	40.85%	26.42%	16.43%	7.61%
Cash Return on Invested Capital (CROIC)	0.00%	-205.77%	17.97%	19.43%	13.52%	22.97%	75.46%	30.06%	7.94%	14.70%
Operating Return on Assets (OROA)	0.00%	-1.38%	2.75%	7.55%	5.49%	7.28%	27.04%	22.05%	12.30%	5.38%
Return on Assets (ROA)	0.00%	-5.28%	-0.64%	4.22%	2.27%	3.59%	21.98%	15.97%	10.57%	5.05%
Return on Common Equity (ROCE)	0.00%	-23.54%	-1.38%	8.55%	4.47%	7.16%	40.61%	26.31%	16.37%	7.58%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-12.01%	-1.43%	9.04%	4.51%	7.74%	36.52%	24.89%	15.36%	7.94%
Net Operating Profit after Tax (NOPAT)	-564	-337	263	1,237	579	663	2,648	2,351	1,601	836
NOPAT Margin	-5.13%	-2.91%	2.36%	10.40%	5.87%	7.86%	18.84%	14.97%	11.27%	7.72%
Net Nonoperating Expense Percent (NNEP)	0.00%	26.13%	10.45%	23.45%	11.98%	11.73%	34.05%	-6.95%	-1.63%	-3.29%
Return On Investment Capital (ROIC_SIMPLE)	-	-2.44%	2.16%	11.75%	5.31%	7.00%	25.67%	20.83%	12.73%	7.12%
Cost of Revenue to Revenue	90.15%	90.80%	90.24%	86.68%	89.40%	86.46%	73.43%	76.68%	83.56%	86.27%
SG&A Expenses to Revenue	5.93%	5.95%	4.48%	3.58%	3.61%	3.49%	2.69%	2.64%	3.20%	3.23%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	17.17%	13.36%	6.39%	3.68%	2.53%	2.03%	2.02%	2.64%	2.46%	4.56%
Earnings before Interest and Taxes (EBIT)	-1,179	-231	440	1,072	731	931	3,433	2,999	1,808	793
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-520	548	1,072	1,560	1,247	1,412	3,910	3,541	2,436	1,298
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.21	0.28	0.30	0.28	0.31	0.26	0.22
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.34	0.44	0.51	0.40	0.42	0.34	0.29
Price to Revenue (P/Rev)	0.00	0.00	0.00	0.12	0.19	0.21	0.15	0.17	0.19	0.19
Price to Earnings (P/E)	0.00	0.00	0.00	1.95	6.05	3.85	0.87	1.25	1.98	3.88
Dividend Yield	11.28%	0.76%	0.59%	4.05%	3.22%	1.87%	15.12%	13.15%	6.92%	4.97%
Earnings Yield	0.00%	0.00%	0.00%	51.17%	16.54%	25.96%	115.30%	80.08%	50.56%	25.78%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.44	0.46	0.45	0.56	0.59	0.46	0.35
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	0.34	0.41	0.40	0.21	0.22	0.23	0.22
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	2.61	3.23	2.42	0.76	0.99	1.32	1.86
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	3.80	5.51	3.66	0.87	1.17	1.78	3.05
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	3.29	6.96	5.14	1.12	1.49	2.01	2.89
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	7.90	9.86	2.77	1.32	1.66	1.40	1.32
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	2.17	3.30	1.83	0.61	2.07	6.24	2.37
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.85	0.69	0.57	0.61	0.58	0.34	0.29	0.24	0.25
Long-Term Debt to Equity	0.00	0.66	0.61	0.50	0.56	0.54	0.30	0.22	0.20	0.24
Financial Leverage	0.00	0.56	0.48	0.39	0.34	0.27	-0.06	-0.31	-0.31	-0.29
Leverage Ratio	0.00	2.25	2.18	2.04	1.98	2.01	1.86	1.65	1.55	1.51
Compound Leverage Factor	0.00	7.72	-0.06	1.06	1.13	1.45	1.97	1.65	1.66	1.68
Debt to Total Capital	0.00%	45.89%	40.86%	36.50%	38.00%	36.85%	25.54%	22.40%	19.33%	19.94%
Short-Term Debt to Total Capital	0.00%	9.94%	4.96%	4.47%	3.56%	2.91%	3.07%	5.23%	2.95%	1.01%
Long-Term Debt to Total Capital	0.00%	35.95%	35.90%	32.03%	34.43%	33.94%	22.46%	17.17%	16.38%	18.93%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.55%	0.62%	0.51%	0.50%	0.46%	0.37%	0.31%	0.29%	0.31%
Common Equity to Total Capital	0.00%	53.57%	58.52%	63.00%	61.51%	62.69%	74.10%	77.30%	80.38%	79.75%
Debt to EBITDA	0.00	11.54	4.65	2.46	3.32	2.47	0.67	0.71	1.00	1.80
Net Debt to EBITDA	0.00	8.26	3.34	1.68	1.70	1.12	0.21	0.22	0.22	0.25
Long-Term Debt to EBITDA	0.00	9.04	4.09	2.16	3.01	2.28	0.59	0.55	0.85	1.71
Debt to NOPAT	0.00	-18.78	18.96	3.11	7.16	5.27	0.99	1.08	1.52	2.80
Net Debt to NOPAT	0.00	-13.43	13.61	2.12	3.67	2.38	0.31	0.32	0.33	0.38
Long-Term Debt to NOPAT	0.00	-14.72	16.66	2.73	6.49	4.85	0.88	0.82	1.29	2.66
Altman Z-Score	0.00	0.00	0.00	1.62	1.47	1.53	2.52	2.57	2.12	1.69
Noncontrolling Interest Sharing Ratio	0.00%	1.02%	1.03%	0.93%	0.80%	0.76%	0.59%	0.44%	0.38%	0.38%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.00	1.87	2.08	1.98	2.48	2.25	1.15	1.02	1.14	1.52
Quick Ratio	0.00	1.06	1.00	0.84	1.29	1.21	1.04	0.90	1.01	1.38
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-12,010	1,947	1,879	1,220	1,862	4,838	1,696	517	1,024
Operating Cash Flow to CapEx	-320.64%	346.37%	651.09%	0.00%	95.25%	403.14%	425.26%	262.76%	210.34%	269.78%
Free Cash Flow to Firm to Interest Expense	0.00	-19.44	3.73	4.04	3.34	5.73	15.89	0.00	1.80	4.20
Operating Cash Flow to Interest Expense	-4.02	1.75	1.20	1.11	1.12	3.80	7.37	0.00	7.97	7.55
Operating Cash Flow Less CapEx to Interest Expense	-5.28	1.24	1.02	2.68	-0.06	2.86	5.64	0.00	4.18	4.75
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.69	0.70	0.84	0.74	0.66	1.11	1.15	0.97	0.74
Accounts Receivable Turnover	0.00	9.23	10.04	12.34	11.26	9.69	12.24	12.30	11.73	9.69
Inventory Turnover	0.00	5.40	5.07	4.70	4.13	3.97	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	1.95	2.04	2.65	2.48	2.32	4.21	4.35	3.31	2.28
Accounts Payable Turnover	0.00	12.46	11.15	9.93	8.59	7.36	8.31	8.95	9.62	8.74
Days Sales Outstanding (DSO)	0.00	39.56	36.36	29.57	32.40	37.67	29.81	29.68	31.12	37.66
Days Inventory Outstanding (DIO)	0.00	67.61	72.03	77.63	88.34	91.86	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	29.29	32.72	36.77	42.50	49.62	43.95	40.77	37.96	41.78
Cash Conversion Cycle (CCC)	0.00	77.88	75.67	70.43	78.25	79.91	-14.14	-11.09	-6.84	-4.13
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	11,673	9,989	9,347	8,706	7,507	5,316	5,971	7,055	6,868
Invested Capital Turnover	0.00	1.98	1.03	1.23	1.09	1.04	2.19	2.78	2.18	1.56
Increase / (Decrease) in Invested Capital	0.00	11,673	-1,684	-642	-642	-1,199	-2,190	655	1,085	-187
Enterprise Value (EV)	0.00	0.00	0.00	4,071	4,031	3,411	2,972	3,509	3,223	2,421
Market Capitalization	0.00	0.00	0.00	1,392	1,851	1,787	2,117	2,712	2,651	2,063
Book Value per Share	$0.00	$0.00	$12.45	$11.56	$11.69	$10.36	$13.32	$15.21	$17.68	$15.60
Tangible Book Value per Share	$0.00	$0.00	$7.78	$7.09	$7.29	$6.09	$9.28	$11.24	$13.64	$11.77
Total Capital	0.00	13,789	12,199	10,526	10,904	9,477	10,314	11,286	12,579	11,750
Total Debt	0.00	6,327	4,985	3,842	4,143	3,492	2,634	2,528	2,431	2,343
Total Long-Term Debt	0.00	4,957	4,379	3,371	3,755	3,217	2,317	1,937	2,061	2,224
Net Debt	0.00	4,525	3,579	2,626	2,126	1,581	817	763	535	321
Capital Expenditures (CapEx)	564	312	96	-728	429	306	528	803	1,091	682
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	2,119	1,747	1,741	1,528	1,304	-540	-393	-398	-321
Debt-free Net Working Capital (DFNWC)	0.00	3,676	2,767	2,604	3,094	2,778	678	635	703	1,018
Net Working Capital (NWC)	0.00	2,305	2,161	2,134	2,705	2,502	361	44	333	899
Net Nonoperating Expense (NNE)	597	550	365	638	276	203	-143	179	48	93
Net Nonoperating Obligations (NNO)	0.00	4,211	2,775	2,663	1,945	1,522	-2,364	-2,788	-3,093	-2,539
Total Depreciation and Amortization (D&A)	659	780	632	488	516	481	477	542	628	506
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	18.31%	15.67%	14.63%	15.49%	15.45%	-3.84%	-2.50%	-2.80%	-2.96%
Debt-free Net Working Capital to Revenue	0.00%	31.76%	24.82%	21.89%	31.37%	32.93%	4.82%	4.04%	4.95%	9.39%
Net Working Capital to Revenue	0.00%	19.92%	19.39%	17.94%	27.43%	29.67%	2.57%	0.28%	2.34%	8.29%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	($0.35)	$1.12	$0.59	$1.16	$7.57	$10.88	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	688.35M	688.35M	688.35M	688.35M	688.35M	686.32M	720.63M	719.96M
Adjusted Diluted Earnings per Share	$0.00	$0.00	($0.35)	$1.12	$0.58	$1.15	$7.53	$16.25	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	688.35M	688.35M	688.35M	688.35M	688.35M	686.32M	720.63M	719.96M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	($0.35)	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	688.35M	688.35M	688.35M	688.35M	688.35M	686.32M	720.63M	719.96M
Normalized Net Operating Profit after Tax (NOPAT)	319	291	455	805	583	726	2,648	2,351	1,601	864
Normalized NOPAT Margin	2.90%	2.51%	4.08%	6.77%	5.91%	8.60%	18.84%	14.97%	11.27%	7.97%
Pre Tax Income Margin	-13.98%	-6.86%	-0.12%	4.67%	4.22%	7.98%	25.88%	19.10%	13.56%	8.15%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-2.62	-0.37	0.84	2.31	2.00	2.87	11.27	0.00	6.28	3.25
NOPAT to Interest Expense	-1.25	-0.55	0.50	2.66	1.58	2.04	8.69	0.00	5.56	3.43
EBIT Less CapEx to Interest Expense	-3.88	-0.88	0.66	3.87	0.83	1.92	9.54	0.00	2.49	0.45
NOPAT Less CapEx to Interest Expense	-2.51	-1.05	0.32	4.23	0.41	1.10	6.96	0.00	1.77	0.63
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-7.79%	-2.98%	-25.51%	25.75%	39.79%	11.51%	34.32%	51.32%	35.60%	36.02%
Augmented Payout Ratio	-7.79%	-2.98%	-25.51%	25.75%	39.79%	11.51%	34.32%	51.32%	35.60%	36.02%

No quarterly metrics and ratios for Gerdau are available.

Frequently Asked Questions About Gerdau's Financials

When does Gerdau's fiscal year end?

According to the most recent income statement we have on file, Gerdau's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Gerdau's net income changed over the last 9 years?

Gerdau's net income appears to be on an upward trend, with a most recent value of $743.70 million in 2024, falling from -$1.16 billion in 2015. The previous period was $1.55 billion in 2023.

What is Gerdau's operating income?

Gerdau's total operating income in 2024 was $993.60 million, based on the following breakdown:

Total Gross Profit: $1.49 billion
Total Operating Expenses: $494.63 million

How has Gerdau revenue changed over the last 9 years?

Over the last 9 years, Gerdau's total revenue changed from $11.01 billion in 2015 to $10.84 billion in 2024, a change of -1.5%.

How much debt does Gerdau have?

Gerdau's total liabilities were at $4.63 billion at the end of 2024, a 12.4% decrease from 2023, and a 50.4% decrease since 2016.

How much cash does Gerdau have?

In the past 8 years, Gerdau's cash and equivalents has ranged from $468.38 million in 2022 to $1.56 billion in 2016, and is currently $1.26 billion as of their latest financial filing in 2024.

How has Gerdau's book value per share changed over the last 9 years?

Over the last 9 years, Gerdau's book value per share changed from 0.00 in 2015 to 15.60 in 2024, a change of 1,560.4%.

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This page (NYSE:GGB) was last updated on 4/24/2025 by MarketBeat.com Staff

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Gerdau (GGB) Financials

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Gerdau (GGB) Financials

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