MARKETS / NYSE / GGB
NYSE · STEEL WORKS, BLAST FURNACES & ROLLING & FINISHING MILLS · LARGE CAP

Gerdau S.a. GGB

11 fiscal years on record · BRL · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
BRL 69.9B
▲ 4.2% vs FY2024
EPS · FY25
Dividend / sh · FY25
Payout · FY25
93%
ROE · FY25
2.5%
Net margin · FY25
2.0%
Dividend coverage
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Result
BRL 69.9B
Revenue, FY2025 · full 11-year series below
Revenue Net income
25507510069.91.420152018202120242025
25507510069.91.42016201920222025

2 cents of every revenue dollar became profit this year.

Per share
Diluted EPS, FY2025
EPS
481220152018202120242025
48122016201920222025

The company pays no cash dividend.

Profitability
2.5%
Return on equity, FY2025
ROE
2040602.5%20152018202120242025
2040602.5%2016201920222025
Operating margin5.4%
Net margin2.0%
Return on assets1.6%

Each BRL of equity produced 2 cents of profit this year.

Returned to shareholders
BRL 2.5B
returned in FY2025 · dividends + net buybacks
Dividends paidBRL 1.3B
Net buybacksBRL 1.2B
Share of profit177.0%
Consecutive raises

BRL 1.3B in dividends and BRL 1.2B in buybacks — 177% of the year's profit, so the payout drew on cash built up earlier.

Growth
+9.8% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
−5.4%
+9.8%
+4.8%
Net income
−50.5%
−10.1%
EPS, diluted
+110.2%
Returned to shareholders
−29.4%
+55.0%
+16.2%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
Shares outstanding, FY2025
1.701.7020152018202120242025
1.701.702016201920222025
Change, 5 years
Change, 10 years

A share split breaks the comparison across the period, so we leave it out.

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Balance sheet
BRL 81.7B
total assets, end of FY2025
Total assetsBRL 81.7B
EquityBRL 53.6B
CashBRL 5.9B
Current ratio2.89×

Equity funds 66% of total assets.

History
11 fiscal years
Every figure from documents filed with the SEC · BRL
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Revenue BRL B
69.9
67.0
68.9
82.4
78.3
43.8
39.6
46.2
36.9
37.7
43.6
Operating income BRL B
3.7
7.5
10.5
17.8
21.0
5.2
3.2
4.0
1.1
−1.6
−3.2
EBITDA BRL B
7.4
10.6
13.5
20.6
23.7
7.7
5.3
5.9
3.2
0.9
−0.6
Income tax BRL B
1.1
0.9
1.8
4.4
4.7
1.1
0.5
−0.2
0.3
0.3
−1.5
Net income BRL B
1.4
4.6
7.5
11.4
15.5
2.4
1.2
2.3
−0.4
−2.9
−4.6
EPS, diluted BRL
·
·
·
6.50
9.04
1.38
0.70
1.34
−0.21
−1.70
−2.69
Dividend / sh BRL
·
·
·
·
·
·
·
·
·
·
·
Payout %
93
36
36
52
34
12
40
26
−24
−3
−8
ROE %
2.5
8.5
15.8
25.8
42.2
8.2
4.6
9.3
−1.5
−12.0
·
Shares out B
·
·
·
·
·
·
1.70
1.70
·
·
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
35 of 35
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed