Gerdau Ratios and Metrics

Market cap in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 26, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	34,827	38,377	36,453	40,123	46,237	43,755
Market Cap Growth	6.19%	5.28%	-9.15%	-13.22%	5.67%	11.59%
Enterprise Value	44,239	48,716	41,670	47,176	51,732	53,618
Last Close Price	18.13	20.28	17.40	18.24	20.12	16.41
PE Ratio	26.31	27.67	7.98	5.35	4.05	2.82
Forward PE	7.63	9.92	6.71	6.46	5.86	4.28
PS Ratio	0.50	0.55	0.54	0.58	0.56	0.56
PB Ratio	0.65	0.71	0.63	0.82	1.00	1.02
P/TBV Ratio	0.85	0.94	0.83	1.06	1.36	1.48
P/FCF Ratio	26.67	29.39	6.51	6.77	6.74	4.61
P/OCF Ratio	4.36	4.81	3.20	3.60	4.15	3.50
PEG Ratio	1.08	1.91	-	-	-	0.27
EV/Sales Ratio	0.63	0.70	0.62	0.69	0.63	0.68
EV/EBITDA Ratio	4.72	5.55	4.65	3.78	2.70	2.41
EV/EBIT Ratio	7.77	8.70	6.61	4.78	3.12	2.68
EV/FCF Ratio	33.88	37.31	7.44	7.96	7.54	5.65
Debt / Equity Ratio	0.29	0.29	0.26	0.25	0.30	0.35
Debt / EBITDA Ratio	1.68	1.68	1.58	0.94	0.70	0.67
Debt / FCF Ratio	11.93	11.93	2.66	2.06	1.99	1.58
Net Debt / Equity Ratio	0.17	0.17	0.11	0.14	0.18	0.19
Net Debt / EBITDA Ratio	1.05	1.05	0.74	0.55	0.43	0.37
Net Debt / FCF Ratio	7.05	7.05	1.19	1.16	1.20	0.86
Asset Turnover	0.83	0.83	0.83	0.93	1.12	1.14
Inventory Turnover	3.96	3.96	3.64	3.49	3.67	4.42
Quick Ratio	1.33	1.33	1.43	1.08	0.94	1.08
Current Ratio	2.89	2.89	3.01	2.59	2.32	2.33
Return on Equity (ROE)	2.53%	2.53%	8.56%	15.78%	25.76%	42.11%
Return on Assets (ROA)	4.15%	4.15%	4.87%	8.30%	14.05%	18.27%
Return on Invested Capital (ROIC)	4.92%	4.92%	8.77%	14.39%	22.76%	33.10%
Return on Capital Employed (ROCE)	7.80%	7.80%	8.30%	15.50%	27.50%	33.50%
Earnings Yield	3.98%	3.61%	12.53%	18.70%	24.71%	35.41%
FCF Yield	3.75%	3.40%	15.37%	14.78%	14.83%	21.69%
Dividend Yield	3.42%	3.06%	4.60%	6.90%	14.32%	15.19%
Payout Ratio	89.97%	92.69%	36.27%	35.77%	51.57%	34.46%
Buyback Yield / Dilution	4.13%	4.13%	0.49%	0.04%	2.24%	-0.12%
Total Shareholder Return	7.55%	7.18%	5.09%	6.94%	16.56%	15.07%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.