GGBNYSESteel Works, Blast Furnaces & Rolling & Finishing MillsFiscal year ends December 31

GERDAU S.A.

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Mar 13, 2026

$5.13+0.11 (+2.19%)

Close on Oct 19, 2026

GERDAU S.A. income statement

AnnualQuarterlyTTM

BRL USD

Millions of BRL, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31
Revenue	69,859	67,027	68,916	82,412	78,345	43,815	39,644	46,159	36,918	37,652	43,581
Cost of Revenue	61,891	57,823	57,584	63,661	57,528	37,884	35,441	40,010	33,313	34,188	39,291
Gross Profit	7,967	9,203	11,332	18,751	20,817	5,931	4,203	6,149	3,605	3,464	4,291
Selling, General & Admin	2,121	2,167	2,208	2,188	2,106	1,530	1,430	1,653	1,655	2,239	2,582
Operating Income	3,739	7,487	10,453	17,751	21,023	5,194	3,184	4,047	1,100	-1,636	-3,216
Interest Expense	2,073	1,508	1,397	1,563	1,433	1,448	1,470	1,579	1,726	2,010	1,780
Interest & Investment Income	694	726	903	606	249	194	223	204	227	252	378
Income from Equity Investments	96	464	828	1,152	-163	0	0	–	–	–	–
Asset Impairment Charges	–	–	–	–	–	–	–	–	1,115	2,918	4,996
Pretax Income	2,524	5,464	9,347	15,859	20,273	3,496	1,675	2,157	-43	-2,582	-6,094
Income Tax Expense	1,106	865	1,810	4,379	4,714	1,108	458	-169	295	304	-1,498
Net Income incl. Noncontrolling Interests	1,418	4,599	7,537	11,480	15,559	2,388	1,217	2,326	-339	-2,886	-4,596
Minority Interest in Earnings	31	33	35	54	65	22	13	23	21	4.88	-45
Net Income	1,387	4,566	7,502	11,426	15,494	2,366	1,204	2,304	-359	-2,891	-4,551
Net Income to Common	–	–	–	–	–	–	–	–	-120	-970	-1,541
EPS (Basic)(per share)	–	–	–	–	9.09	1.39	0.71	1.35	-0.21	-1.70	-2.69
EPS (Diluted)(per share)	–	–	–	6.50	9.04	1.38	0.70	1.34	-0.21	-1.70	-2.69
Shares Outstanding (Basic, Weighted)(shares)	–	–	–	–	–	–	–	–	572	572	572
Shares Outstanding (Diluted, Weighted)(shares)	–	–	–	–	–	–	–	–	572	572	572
EBITDA	7,423	10,613	13,500	20,618	23,682	7,693	5,258	5,939	3,193	900	-608

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Dec 31, 2025

Profitability, FY2025

Gross margin: 11.4%
Operating margin: 5.4%
Net margin: 2.0%
Return on equity, FY2025: 2.5%

Financial strength

Current ratio: 2.89
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 60.0%

Valuation

P/E ratio: –
Price to sales: –
Price to book: –
Dividend yield: –

Valuation ratios need the share price and fill in once daily prices are connected.