Gerdau Balance Sheet

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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 & Equivalents	5,155	5,929	7,768	3,006	2,476	4,161
Short-Term Investments	285.26	445.63	509.03	2,338	2,959	2,626
Cash & Short-Term Investments	5,440	6,375	8,277	5,344	5,435	6,787
Cash Growth	-39.37%	-22.98%	54.89%	-1.68%	-19.92%	-11.38%
Accounts Receivable	5,999	4,811	5,177	4,875	4,999	5,414
Other Receivables	4.88	4.98	0.13	1.04	5.05	7.67
Total Trade Receivables	6,004	4,816	5,177	4,876	5,004	5,422
Inventory	16,100	14,731	16,505	15,228	17,818	16,861
Other Current Assets	1,894	2,684	2,711	3,750	3,001	3,570
Total Current Assets	29,439	28,605	32,669	29,198	31,257	32,640
Net Property, Plant & Equipment	32,283	31,912	30,760	24,063	21,384	19,604
Other Intangible Assets	689.66	691.37	400.57	373.71	415.16	509.76
Goodwill	11,280	11,996	13,853	10,825	11,634	12,428
Long-Term Investments	3,701	3,944	4,222	3,858	3,897	3,341
Other Long-Term Assets	4,581	4,539	4,909	6,567	5,211	5,293
Total Assets	81,973	81,688	86,814	74,885	73,799	73,815
Accounts Payable	6,182	5,010	5,718	5,901	6,619	8,017
Accrued Expenses	1,335	1,606	1,676	1,862	1,949	2,610
Short-Term Debt	587.58	897.3	697.05	1,783	2,492	280.03
Current Portion of Long-Term Debt	42.17	44.61	37.99	14.42	628.89	1,532
Current Portion of Leases	478.16	386.47	430.73	373.15	275.93	275.09
Other Current Liabilities	1,633	1,943	2,291	1,351	1,497	1,322
Total Current Liabilities	10,258	9,887	10,851	11,285	13,463	14,037
Long-Term Debt	12,928	13,240	12,901	9,096	9,486	12,273
Long-Term Leases	1,134	1,003	849.94	904.45	754.71	643.28
Other Long-Term Liabilities	3,918	3,759	4,038	4,362	3,797	4,046
Total Long-Term Liabilities	17,980	18,002	17,789	14,362	14,038	16,962
Total Liabilities	28,238	27,890	28,641	25,646	27,500	30,999
Common Stock	24,273	24,273	24,273	20,215	19,249	19,249
Treasury Stock	-514.19	-520.07	-734.28	-150.18	-180	-152.41
Additional Paid-in Capital	11.6	11.6	11.6	11.6	11.6	11.6
Accumulated Other Comprehensive Income	-2,905	-2,905	-2,905	-2,905	-2,905	-2,871
Retained Earnings	32,679	32,725	37,303	31,887	29,940	26,367
Total Common Shareholders' Equity	53,545	53,585	57,949	49,059	46,116	42,604
Minority Interest	190.19	213.1	225.03	179.9	182	211.37
Shareholders' Equity	53,735	53,798	58,174	49,239	46,298	42,816
Total Liabilities & Equity	81,973	81,688	86,814	74,885	73,799	73,815
Total Debt	15,170	15,571	14,917	12,171	13,638	15,004
Net Cash (Debt)	-9,730	-9,197	-6,640	-6,827	-8,203	-8,217
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-13.81	-12.81	-9.22	-9.47	-11.38	-11.97
Book Value	53,545	53,585	57,949	49,059	46,116	42,604
Book Value Per Share	75.99	74.62	80.43	68.08	63.99	62.08
Tangible Book Value	41,575	40,898	43,695	37,860	34,067	29,667
Tangible Book Value Per Share	59.01	56.95	60.64	52.54	47.27	43.23

SEC Filings: 10-K · 10-Q