Gerdau (NYSE: GGB)

$4.72+0.00%today

Brazilian ADR trading on the NYSE, priced in US dollars. Key figures below are sourced from Yahoo Finance.

Market Cap: —
P/E (TTM): 29.5x
P/B: —
EPS (TTM): 0.16
Dividend Yield: 2.70%
52-Week Range: $2.85 – $4.98
Volume: 9.83M
Previous Close: $4.72

TTM = trailing twelve months — the most recent 12 months (a rolling window), used for P/E, EPS and dividends. On the tables and charts below, the in-progress current year appears as a “Last 12M” column labelled with the quarter range it covers.

Performance

Today

+0.00%

1 Week

+5.12%

1 Month

+13.19%

YTD

+27.91%

1 Year

+65.61%

5 Years

+6.20%

About Gerdau

US Ticker: GGB
B3 Ticker: GGBR4
Exchange: NYSE
Currency: USD
Sector: Basic Materials
Industry: Steel
Headquarters: São Paulo, SP, Brazil
Employees: 30,000
CEO: Mr. Gustavo Werneck Da Cunha
Founded: 1901

Gerdau S.A., together with its subsidiaries, operates as a steel producer company.

It operates through Brazil Business, North America Business, and South America Business segments.

The company offers rebars, bars, wires, thick plates, hot rolled coils, billets, blooms, plates, wire rods, and structural profiles.

It also provides special steel products for agricultural, automotive, construction, distribution, energy, industrial, and mining markets.

In addition, it operates mines that produce iron ore located in Brazil.

The company was founded in 1901 and is headquartered in São Paulo, Brazil.

www2.gerdau.com

Analyst Ratings

Consensus of 5 Wall Street analysts · sourced from Yahoo Finance

1.8Buy

On a 1–5 scale: 1 = Strong Buy, 3 = Hold, 5 = Sell. Lower is more bullish.

12-Month Price Target

Low

$5.28

Average

$5.58

High

$6.00

The average target is +18.17% above the current price of $4.72.

Display currency

Revenue, net debt and other totals below — switch between US dollars and BRL.

Financial Results

Revenue, EBITDA and net profit (in USD) with net margin (net profit ÷ revenue).

Financial Health

Margins, leverage and cash-flow quality derived from Gerdau's income statement, balance sheet and cash flow (absolute figures in USD).

ProfitabilityLeverageGrowth

Overall: Financially Strong

Net Margin: 2.4%
ROE: 3.1%
Rev Growth (YoY): -0.94%
Net Debt / EBITDA: 1.25×
Current Ratio: 2.76×
Interest Coverage: 3.22×
Free Cash Flow: 2.41B
Payout Ratio: 77.5%

Income — Margins & Efficiency

Metric	Last 12MQ2'25 – Q1'26	Δ	2025	Δ	2024	Δ	2023	Δ	2022	Δ	2021	Δ	2020	Δ	2019	Δ	2018	Δ	2017	Δ	2016	Δ	2015	Δ	2014	Δ	2013	Δ	2012	Δ	2011	Δ	2010	Δ	2009	Δ	2008	Δ	2007	Δ	2006
Revenue	$13,325,923,779	+4.5%	$12,756,753,223	+17.6%	$10,849,423,914	-23.6%	$14,208,990,763	-8.9%	$15,594,786,739	+10.9%	$14,065,039,137	+66.6%	$8,440,766,705	-14.5%	$9,872,226,861	-17.1%	$11,914,583,140	+6.9%	$11,149,653,891	-3.7%	$11,576,935,400	+5.1%	$11,014,542,674	-31.3%	$16,030,420,482	-5.1%	$16,896,128,937	-9.0%	$18,572,034,619	-2.2%	$18,982,832,940	+0.5%	$18,888,814,079	+24.1%	$15,226,649,455	-15.6%	$18,032,635,542	+4.1%	$17,322,202,229	+46.1%	$11,852,567,093
Gross profit	$1,601,218,418	+10.1%	$1,454,930,974	-2.3%	$1,489,703,621	-36.2%	$2,336,492,310	-34.2%	$3,548,244,711	-5.1%	$3,737,273,347	+227.1%	$1,142,504,901	+9.2%	$1,046,709,786	-34.1%	$1,587,263,951	+45.8%	$1,088,648,485	+2.2%	$1,065,008,148	-1.8%	$1,084,417,570	-44.0%	$1,936,630,496	-11.0%	$2,176,313,737	-6.3%	$2,321,434,649	-15.2%	$2,738,874,115	-17.5%	$3,321,138,989	+36.7%	$2,429,432,014	-48.1%	$4,685,412,651	+10.7%	$4,232,233,350	+37.9%	$3,068,561,425
Operating income	$1,152,211,909	+12.5%	$1,024,058,654	-1.4%	$1,038,216,060	-47.7%	$1,984,479,197	-36.8%	$3,141,131,968	-12.6%	$3,594,104,520	+218.1%	$1,129,785,378	+42.5%	$792,869,308	-24.1%	$1,044,661,091	+214.4%	$332,237,625	+166.0%	-$503,139,317	+38.1%	-$812,675,209	-174.4%	$1,092,267,059	-6.4%	$1,167,474,675	+1.7%	$1,148,210,356	-25.6%	$1,543,538,495	-29.6%	$2,192,871,239	+351.3%	$485,878,944	-85.9%	$3,444,498,279	+26.7%	$2,718,454,705	+29.6%	$2,097,712,530
EBITDA	$1,550,705,400	+12.3%	$1,381,465,250	-9.1%	$1,519,431,360	-44.3%	$2,728,523,772	-26.8%	$3,725,983,613	-13.5%	$4,307,021,292	+218.6%	$1,351,851,213	+15.8%	$1,167,199,283	-13.5%	$1,349,163,956	+32.5%	$1,018,611,036	+121.6%	$459,716,816	+190.3%	-$509,255,946	-128.5%	$1,787,202,442	-3.8%	$1,857,934,981	-9.5%	$2,052,895,702	-22.7%	$2,654,223,676	-23.6%	$3,472,867,629	+49.0%	$2,331,122,777	-45.3%	$4,260,365,749	-3.2%	$4,399,069,767	+33.1%	$3,305,309,954
Net profit	$315,740,448	+24.7%	$253,281,473	-65.7%	$739,137,409	-52.2%	$1,546,650,654	-28.5%	$2,162,039,133	-22.3%	$2,781,607,662	+510.3%	$455,757,345	+52.0%	$299,756,631	-49.6%	$594,669,351	+647.9%	-$108,531,908	+87.8%	-$888,851,274	+22.7%	-$1,150,311,623	-317.6%	$528,568,253	-21.3%	$671,271,564	-3.7%	$697,096,963	-35.2%	$1,075,341,518	-16.6%	$1,289,102,286	+100.3%	$643,698,221	-62.0%	$1,695,570,138	-15.6%	$2,008,646,523	+32.6%	$1,514,873,562
Gross margin	12.0%	+0.6 p.p.	11.4%	-2.3 p.p.	13.7%	-2.7 p.p.	16.4%	-6.3 p.p.	22.8%	-3.8 p.p.	26.6%	+13.0 p.p.	13.5%	+2.9 p.p.	10.6%	-2.7 p.p.	13.3%	+3.6 p.p.	9.8%	+0.6 p.p.	9.2%	-0.6 p.p.	9.8%	-2.2 p.p.	12.1%	-0.8 p.p.	12.9%	+0.4 p.p.	12.5%	-1.9 p.p.	14.4%	-3.2 p.p.	17.6%	+1.6 p.p.	16.0%	-10.0 p.p.	26.0%	+1.6 p.p.	24.4%	-1.5 p.p.	25.9%
Operating margin	8.6%	+0.6 p.p.	8.0%	-1.5 p.p.	9.6%	-4.4 p.p.	14.0%	-6.2 p.p.	20.1%	-5.4 p.p.	25.6%	+12.2 p.p.	13.4%	+5.4 p.p.	8.0%	-0.7 p.p.	8.8%	+5.8 p.p.	3.0%	+7.3 p.p.	-4.3%	+3.0 p.p.	-7.4%	-14.2 p.p.	6.8%	-0.1 p.p.	6.9%	+0.7 p.p.	6.2%	-1.9 p.p.	8.1%	-3.5 p.p.	11.6%	+8.4 p.p.	3.2%	-15.9 p.p.	19.1%	+3.4 p.p.	15.7%	-2.0 p.p.	17.7%
EBITDA margin	11.6%	+0.8 p.p.	10.8%	-3.2 p.p.	14.0%	-5.2 p.p.	19.2%	-4.7 p.p.	23.9%	-6.7 p.p.	30.6%	+14.6 p.p.	16.0%	+4.2 p.p.	11.8%	+0.5 p.p.	11.3%	+2.2 p.p.	9.1%	+5.2 p.p.	4.0%	+8.6 p.p.	-4.6%	-15.8 p.p.	11.1%	+0.2 p.p.	11.0%	-0.1 p.p.	11.1%	-2.9 p.p.	14.0%	-4.4 p.p.	18.4%	+3.1 p.p.	15.3%	-8.3 p.p.	23.6%	-1.8 p.p.	25.4%	-2.5 p.p.	27.9%
Net margin	2.4%	+0.4 p.p.	2.0%	-4.8 p.p.	6.8%	-4.1 p.p.	10.9%	-3.0 p.p.	13.9%	-5.9 p.p.	19.8%	+14.4 p.p.	5.4%	+2.4 p.p.	3.0%	-2.0 p.p.	5.0%	+6.0 p.p.	-1.0%	+6.7 p.p.	-7.7%	+2.8 p.p.	-10.4%	-13.7 p.p.	3.3%	-0.7 p.p.	4.0%	+0.2 p.p.	3.8%	-1.9 p.p.	5.7%	-1.2 p.p.	6.8%	+2.6 p.p.	4.2%	-5.2 p.p.	9.4%	-2.2 p.p.	11.6%	-1.2 p.p.	12.8%
Revenue growth (YoY)	-0.9%	-5.2 p.p.	4.2%	+7.0 p.p.	-2.7%	+13.6 p.p.	-16.4%	-21.6 p.p.	5.2%	-73.6 p.p.	78.8%	+68.3 p.p.	10.5%	+24.6 p.p.	-14.1%	-39.1 p.p.	25.0%	+27.0 p.p.	-1.9%	+11.7 p.p.	-13.6%	-16.0 p.p.	2.4%	-4.3 p.p.	6.7%	+1.8 p.p.	5.0%	-2.3 p.p.	7.3%	-5.5 p.p.	12.8%	-5.5 p.p.	18.3%	+55.0 p.p.	-36.7%	-73.6 p.p.	36.9%	+15.7 p.p.	21.2%	—	—
Effective tax rate	43.4%	-0.4 p.p.	43.8%	+28.0 p.p.	15.8%	-3.5 p.p.	19.4%	-8.3 p.p.	27.6%	+4.4 p.p.	23.3%	-8.4 p.p.	31.7%	+4.3 p.p.	27.3%	+35.2 p.p.	-7.8%	+674.7 p.p.	-682.6%	-670.8 p.p.	-11.8%	-36.4 p.p.	24.6%	+35.8 p.p.	-11.2%	+5.4 p.p.	-16.6%	-20.6 p.p.	4.1%	-6.7 p.p.	10.8%	-6.2 p.p.	17.0%	+14.3 p.p.	2.6%	-13.5 p.p.	16.1%	-2.0 p.p.	18.1%	-0.5 p.p.	18.6%
Interest coverage	3.22×	-79.8%	15.98×	+103.4%	7.86×	-87.0%	60.57×	-32.8%	90.07×	-17.1%	108.61×	+376.5%	22.79×	+107.5%	10.99×	+420.3%	2.11×	+184.8%	0.74×	+243.2%	-0.52×	+80.1%	-2.60×	-244.2%	1.80×	-19.4%	2.23×	-10.2%	2.49×	-24.0%	3.28×	-7.3%	3.53×	+96.1%	1.80×	—	—	—	5.37×	-16.1%	6.40×

Newest column (“Last 12M”) = trailing 12 months, the last 4 reported quarters — shown with the quarter range it spans; earlier columns are full fiscal years.

Balance Sheet — Health & Leverage

Metric	Last 12MQ2'25 – Q1'26	Δ	2025	Δ	2024	Δ	2023	Δ	2022	Δ	2021	Δ	2020	Δ	2019	Δ	2018	Δ	2017	Δ	2016	Δ	2015	Δ	2014	Δ	2013	Δ	2012	Δ	2011	Δ	2010	Δ	2009	Δ	2008	Δ	2007	Δ	2006
Net debt	$1,944,781,813	+10.5%	$1,760,735,912	+52.1%	$1,157,244,371	-38.9%	$1,894,820,214	-10.5%	$2,116,917,080	+9.0%	$1,942,848,013	-26.9%	$2,658,050,847	-29.9%	$3,792,848,888	+13.4%	$3,343,940,943	-26.6%	$4,557,193,380	-10.3%	$5,081,668,050	-7.2%	$5,475,782,597	-11.8%	$6,206,063,826	+0.2%	$6,191,494,935	-4.3%	$6,469,774,094	-1.1%	$6,544,571,628	-20.1%	$8,188,303,851	+14.8%	$7,130,792,312	-21.9%	$9,125,312,823	+16.2%	$7,852,256,550	+667.1%	$1,023,622,015
Net Debt / Equity	0.19×	+6.4%	0.18×	+45.8%	0.12×	-34.1%	0.19×	-22.8%	0.24×	-4.5%	0.25×	-42.8%	0.44×	-20.8%	0.56×	+12.2%	0.50×	-20.9%	0.63×	-7.2%	0.68×	+0.5%	0.68×	+32.5%	0.51×	+6.2%	0.48×	-0.9%	0.49×	-0.6%	0.49×	-30.1%	0.70×	+4.1%	0.67×	-20.7%	0.85×	-22.0%	1.09×	+423.4%	0.21×
Net Debt / EBITDA	1.25×	-1.6%	1.27×	+67.3%	0.76×	+9.7%	0.69×	+22.2%	0.57×	+26.0%	0.45×	-77.1%	1.97×	-39.5%	3.25×	+31.1%	2.48×	-44.6%	4.47×	-59.5%	11.05×	+202.8%	-10.75×	-409.6%	3.47×	+4.2%	3.33×	+5.7%	3.15×	+27.8%	2.47×	+4.6%	2.36×	-22.9%	3.06×	+42.8%	2.14×	+20.0%	1.78×	+476.4%	0.31×
Debt / Equity	0.29×	+0.3%	0.29×	+12.9%	0.26×	+3.5%	0.25×	-16.1%	0.30×	-15.8%	0.35×	-40.6%	0.59×	-9.9%	0.66×	+7.7%	0.61×	-17.3%	0.74×	-17.0%	0.89×	+4.1%	0.85×	+40.9%	0.61×	+10.1%	0.55×	+2.3%	0.54×	-1.6%	0.55×	-27.3%	0.75×	-4.0%	0.78×	-15.4%	0.93×	-25.4%	1.24×	+306.8%	0.31×
Current ratio	2.76×	-4.7%	2.89×	-3.9%	3.01×	+16.4%	2.59×	+11.4%	2.32×	-0.2%	2.33×	+14.1%	2.04×	-17.0%	2.46×	+19.3%	2.06×	-11.7%	2.33×	+12.9%	2.06×	-26.8%	2.82×	+6.0%	2.66×	+5.9%	2.51×	+19.7%	2.10×	-17.9%	2.56×	-0.9%	2.58×	-12.3%	2.94×	+19.9%	2.45×	+5.4%	2.32×	-4.0%	2.42×
Return on equity (ROE)	3.1%	+0.5 p.p.	2.6%	-5.3 p.p.	7.9%	-7.4 p.p.	15.3%	-9.5 p.p.	24.8%	-11.6 p.p.	36.4%	+28.8 p.p.	7.6%	+3.2 p.p.	4.4%	-4.5 p.p.	8.9%	+10.4 p.p.	-1.5%	+10.4 p.p.	-11.9%	+2.3 p.p.	-14.2%	-18.6 p.p.	4.4%	-0.9 p.p.	5.2%	-0.0 p.p.	5.2%	-2.8 p.p.	8.0%	-3.0 p.p.	11.0%	+4.9 p.p.	6.1%	-9.7 p.p.	15.7%	-12.0 p.p.	27.8%	-2.9 p.p.	30.7%
Return on assets (ROA)	2.0%	+0.3 p.p.	1.7%	-3.6 p.p.	5.3%	-4.8 p.p.	10.0%	-5.5 p.p.	15.5%	-5.5 p.p.	21.0%	+17.2 p.p.	3.7%	+1.5 p.p.	2.2%	-2.3 p.p.	4.5%	+5.2 p.p.	-0.7%	+4.6 p.p.	-5.3%	+1.2 p.p.	-6.5%	-8.7 p.p.	2.2%	-0.5 p.p.	2.7%	+0.0 p.p.	2.7%	-1.3 p.p.	4.0%	-1.0 p.p.	5.0%	+2.5 p.p.	2.5%	-4.2 p.p.	6.7%	-1.9 p.p.	8.5%	-1.9 p.p.	10.4%
Book value / share	$5.12	+5.4%	$4.86	+8.8%	$4.47	-6.7%	$4.79	+1.4%	$4.73	+10.7%	$4.27	+27.4%	$3.35	-11.6%	$3.79	+0.9%	$3.76	-6.5%	$4.02	-3.3%	$4.16	-8.8%	$4.56	-32.7%	$6.78	-5.7%	$7.19	-3.7%	$7.46	-3.9%	$7.76	-0.8%	$7.83	+9.9%	$7.12	-8.0%	$7.74	+50.2%	$5.15	+47.1%	$3.50

Newest column (“Last 12M”) = trailing 12 months, the last 4 reported quarters — shown with the quarter range it spans; earlier columns are full fiscal years.

Net Debt & Leverage

Free Cash Flow

Margins

Dividend Payout Ratio

Capex ÷ Revenue

Cash Conversion (operating cash flow ÷ net income)

Ratios computed from company financial statements. Net Debt = total debt − cash & equivalents; FCF = operating cash flow − capital expenditure; absolute values in USD.

Valuation & Dividends

P/E Ratio History

Dividend History

This year (YTD) $0.06/share · yield 1.17%

Dividends and yield from Yahoo Finance (per ADR share, in USD). The current-year figures are calendar year-to-date (dividends actually paid this year), not the trailing 12 months.