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 2022	FY 2021
Period Ending	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 & Equivalents	5,929	7,768	3,006	2,476	4,161
Short-Term Investments	445.63	509.03	2,338	2,959	2,626
Cash & Short-Term Investments	6,375	8,277	5,344	5,435	6,787
Cash Growth	-22.98%	54.89%	-1.68%	-19.92%	-11.38%
Accounts Receivable	4,811	5,177	4,875	4,999	5,414
Other Receivables	4.98	0.13	1.04	5.05	7.67
Total Trade Receivables	4,816	5,177	4,876	5,004	5,422
Inventory	14,731	16,505	15,228	17,818	16,861
Other Current Assets	2,684	2,711	3,750	3,001	3,570
Total Current Assets	28,605	32,669	29,198	31,257	32,640
Net Property, Plant & Equipment	31,912	30,760	24,063	21,384	19,604
Other Intangible Assets	691.37	400.57	373.71	415.16	509.76
Goodwill	11,996	13,853	10,825	11,634	12,428
Long-Term Investments	3,944	4,222	3,858	3,897	3,341
Other Long-Term Assets	4,539	4,909	6,567	5,211	5,293
Total Assets	81,688	86,814	74,885	73,799	73,815
Accounts Payable	5,010	5,718	5,901	6,619	8,017
Accrued Expenses	1,606	1,676	1,862	1,949	2,610
Short-Term Debt	897.3	697.05	1,783	2,492	280.03
Current Portion of Long-Term Debt	44.61	37.99	14.42	628.89	1,532
Current Portion of Leases	386.47	430.73	373.15	275.93	275.09
Other Current Liabilities	1,943	2,291	1,351	1,497	1,322
Total Current Liabilities	9,887	10,851	11,285	13,463	14,037
Long-Term Debt	13,240	12,901	9,096	9,486	12,273
Long-Term Leases	1,003	849.94	904.45	754.71	643.28
Other Long-Term Liabilities	3,759	4,038	4,362	3,797	4,046
Total Long-Term Liabilities	18,002	17,789	14,362	14,038	16,962
Total Liabilities	27,890	28,641	25,646	27,500	30,999
Common Stock	24,273	24,273	20,215	19,249	19,249
Treasury Stock	-520.07	-734.28	-150.18	-180	-152.41
Additional Paid-in Capital	11.6	11.6	11.6	11.6	11.6
Accumulated Other Comprehensive Income	-2,905	-2,905	-2,905	-2,905	-2,871
Retained Earnings	32,725	37,303	31,887	29,940	26,367
Total Common Shareholders' Equity	53,585	57,949	49,059	46,116	42,604
Minority Interest	213.1	225.03	179.9	182	211.37
Shareholders' Equity	53,798	58,174	49,239	46,298	42,816
Total Liabilities & Equity	81,688	86,814	74,885	73,799	73,815
Total Debt	15,571	14,917	12,171	13,638	15,004
Net Cash (Debt)	-9,197	-6,640	-6,827	-8,203	-8,217
Net Cash Per Share	-12.81	-9.22	-9.47	-11.38	-11.97
Book Value	53,585	57,949	49,059	46,116	42,604
Book Value Per Share	74.62	80.43	68.09	63.99	62.08
Tangible Book Value	40,898	43,695	37,860	34,067	29,667
Tangible Book Value Per Share	56.95	60.64	52.54	47.27	43.23

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

SEC Filings: 10-K · 10-Q