Gerdau Balance Sheet

Financials in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2021	FY 2019
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '21 Dec 31, 2021	Dec '19 Dec 31, 2019
Cash & Equivalents	5,929	7,768	3,006	4,161	2,642
Short-Term Investments	445.63	509.03	2,338	2,626	3,653
Cash & Short-Term Investments	6,375	8,277	5,344	6,787	6,295
Cash Growth	-22.98%	54.89%	-21.26%	7.82%	3.40%
Accounts Receivable	4,811	5,177	4,875	5,414	2,672
Other Receivables	1,973	2,068	1,997	2,896	987.39
Total Trade Receivables	6,784	7,245	6,872	8,310	3,660
Inventory	14,731	16,505	15,228	16,861	7,660
Other Current Assets	715.52	643.07	1,754	682.44	621.62
Total Current Assets	28,605	32,669	29,198	32,640	18,236
Net Property, Plant & Equipment	31,912	30,760	24,063	19,604	16,679
Other Intangible Assets	691.37	400.57	373.71	509.76	673.26
Goodwill	11,996	13,853	10,825	12,428	9,469
Long-Term Investments	3,944	4,222	3,858	3,341	1,812
Other Long-Term Assets	4,539	4,909	6,567	5,293	7,133
Total Assets	81,688	86,814	74,885	73,815	54,003
Accounts Payable	5,010	5,718	5,901	8,017	3,763
Accrued Expenses	916.1	918.8	846.06	1,199	540.61
Short-Term Debt	897.3	697.05	1,783	234.54	1,544
Current Portion of Long-Term Debt	-	37.99	14.42	1,532	18.02
Current Portion of Leases	386.47	430.73	373.15	275.09	202.54
Other Current Liabilities	2,633	3,049	2,367	2,779	1,356
Total Current Liabilities	9,887	10,851	11,285	14,037	7,425
Long-Term Debt	13,240	12,901	9,096	12,273	14,488
Long-Term Leases	1,003	849.94	904.45	643.28	601.73
Other Long-Term Liabilities	3,759	4,038	4,362	4,046	4,316
Total Long-Term Liabilities	18,002	17,789	14,362	16,962	19,405
Total Liabilities	27,890	28,641	25,646	30,999	26,830
Common Stock	24,273	24,273	20,215	19,249	19,249
Treasury Stock	-520.07	-734.28	-150.18	-152.41	-242.54
Additional Paid-in Capital	11.6	-2,893	-2,893	-2,859	-2,859
Accumulated Other Comprehensive Income	6,766	13,065	5,972	8,528	5,164
Retained Earnings	23,055	24,238	25,915	17,838	5,645
Total Common Shareholders' Equity	53,585	57,949	49,059	42,604	26,956
Minority Interest	213.1	225.03	179.9	211.37	217.43
Shareholders' Equity	53,798	58,174	49,239	42,816	27,173
Total Liabilities & Equity	81,688	86,814	74,885	73,815	54,003
Total Debt	15,527	14,917	12,171	14,958	16,854
Net Cash (Debt)	-9,152	-6,640	-6,827	-8,171	-10,560
Net Cash Per Share	-	-9.22	-9.47	-14.29	-18.46
Book Value	53,585	57,949	49,059	42,604	26,956
Book Value Per Share	-	80.43	68.09	74.49	47.13
Tangible Book Value	40,898	43,695	37,860	29,667	16,813
Tangible Book Value Per Share	-	60.64	52.54	51.87	29.40

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q