Metalurgica Gerdau S.A. (BVMF:GOAU4)
Brazil · Delayed Price · Currency is BRL 11.05
-0.12 (-1.07%)
Nov 12, 2026, 5:40 PM GMT-3
Metalurgica Gerdau Cash Flow Statement
Financials in millions BRL. Fiscal year is January - December.
Millions BRL. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Net Income | 968.16 | 476.49 | 1,545 | 2,560 | 3,745 | 5,063 |
Depreciation & Amortization | 3,501 | 3,487 | 2,956 | 2,881 | 2,602 | 2,481 |
Other Amortization | 196.09 | 196.09 | 170.25 | 166.16 | 265.14 | 177.67 |
Loss (Gain) From Sale of Assets | 87.74 | 75.4 | -762.51 | 27.53 | -25.58 | 85.5 |
Asset Writedown & Restructuring Costs | 1,965 | 1,965 | 199.63 | - | - | - |
Loss (Gain) From Sale of Investments | -243.75 | - | - | - | - | - |
Loss (Gain) on Equity Investments | -137.39 | -95.62 | -464.47 | -827.61 | -1,152 | -563.16 |
Stock-Based Compensation | 138.19 | 149.21 | 152.41 | 157.98 | 104.71 | 65.29 |
Provision & Write-off of Bad Debts | 62.43 | 10.25 | 30.91 | 10.73 | 0.08 | -0.36 |
Other Operating Activities | 1,946 | 614.73 | 3,658 | 4,830 | 9,816 | 11,226 |
Change in Accounts Receivable | -293.18 | 149.59 | 549.55 | -294.51 | 290.58 | -1,614 |
Change in Inventory | -1,474 | 956.92 | 542.5 | 1,305 | -2,039 | -7,704 |
Change in Accounts Payable | 951.11 | -486.38 | -1,193 | -355.42 | -996.48 | 2,534 |
Change in Other Net Operating Assets | 927.76 | 229.9 | 1,885 | -27.35 | -1,406 | 109.82 |
Operating Cash Flow | 8,897 | 7,984 | 11,689 | 11,855 | 10,980 | 13,193 |
Operating Cash Flow Growth | 16.51% | -31.70% | -1.40% | 7.96% | -16.77% | 167.75% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Capital Expenditures | -4,803 | -6,682 | -5,778 | -5,209 | -4,292 | -3,026 |
Sale of Property, Plant & Equipment | 21.77 | 72.97 | 1,562 | 43.13 | 48.32 | 85.32 |
Cash Acquisitions | -325.85 | -699.12 | -455.68 | - | - | - |
Sale (Purchase) of Intangibles | -171.91 | -171.22 | -168.04 | -127.2 | -189.38 | -166.31 |
Investment in Securities | -0.09 | -91.44 | -191.95 | -477.18 | -26.75 | 113.6 |
Investing Cash Flow | -5,279 | -7,570 | -5,032 | -5,770 | -4,460 | -2,993 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Long-Term Debt Issued | - | 9,221 | 3,918 | 1,777 | 2,266 | 749.26 |
Long-Term Debt Repaid | - | -8,483 | -3,754 | -3,219 | -3,511 | -5,392 |
Lease Payments | -509.69 | -487.78 | -459.5 | -388.2 | -310.23 | -275.85 |
Net Debt Issued (Repaid) | -5,279 | 738.83 | 163.94 | -1,442 | -1,245 | -4,643 |
Repurchase of Common Stock | -547.68 | -1,272 | -1,499 | - | -1,576 | - |
Common Dividends Paid | -1,491 | -1,247 | -1,568 | -3,402 | -5,221 | -6,164 |
Other Financing Activities | - | - | - | - | -46.15 | 147.21 |
Financing Cash Flow | -7,317 | -1,781 | -2,903 | -4,844 | -8,088 | -10,660 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Foreign Exchange Rate Adjustments | 52.71 | -536.27 | 1,102 | -710.66 | -119.16 | 5.26 |
Net Cash Flow | -3,647 | -1,904 | 4,856 | 529.79 | -1,687 | -454.53 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Free Cash Flow | 4,094 | 1,302 | 5,910 | 6,646 | 6,689 | 10,167 |
Free Cash Flow Growth | 633.89% | -77.97% | -11.06% | -0.64% | -34.21% | 106.34% |
Free Cash Flow Margin | 5.83% | 1.86% | 8.82% | 9.64% | 8.12% | 12.98% |
Free Cash Flow Per Share | 3.09 | 0.98 | 4.35 | 4.83 | 4.72 | 7.05 |
Levered Free Cash Flow | 2,750 | 677.98 | 864.6 | 4,509 | 6,320 | 3,474 |
Unlevered Free Cash Flow | 3,490 | 1,475 | 1,363 | 5,034 | 6,923 | 4,137 |
Free Cash Flow After Leases | 3,584 | 814.32 | 5,451 | 6,257 | 6,378 | 9,891 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Cash Interest Paid | 2,632 | 2,582 | 1,076 | 986.09 | 1,057 | 1,170 |
Cash Income Tax Paid | 584.99 | 122.32 | 1,400 | 1,586 | 3,356 | 2,942 |
Change in Working Capital | 414.73 | 1,105 | 4,204 | 2,048 | -4,374 | -5,342 |