Gerdau S.A. (GGB)

Gerdau Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	5,276	5,929	7,768	3,006	2,476	4,161
Short-Term Investments	313.95	445.63	509.03	2,338	2,959	2,626
Cash & Short-Term Investments	5,590	6,375	8,277	5,344	5,435	6,787
Cash Growth	-18.63%	-22.98%	54.89%	-1.68%	-19.92%	-11.38%
Accounts Receivable	5,863	4,811	5,177	4,875	4,999	5,414
Other Receivables	5	4.98	0.13	1.04	5.05	7.67
Total Trade Receivables	5,868	4,816	5,177	4,876	5,004	5,422
Inventory	15,190	14,731	16,505	15,228	17,818	16,862
Other Current Assets	1,926	2,684	2,711	3,750	3,001	3,570
Total Current Assets	28,574	28,605	32,669	29,198	31,257	32,641
Net Property, Plant & Equipment	32,008	31,912	30,760	24,063	21,384	19,604
Other Intangible Assets	684.97	691.37	400.57	373.71	415.16	509.76
Goodwill	11,376	11,996	13,853	10,825	11,635	12,428
Long-Term Investments	3,863	3,944	4,222	3,858	3,897	3,341
Other Long-Term Assets	7,101	7,101	4,909	6,567	5,211	5,293
Total Assets	81,048	81,688	86,815	74,885	73,799	73,815
Accounts Payable	5,953	5,010	5,718	5,901	6,619	8,017
Accrued Expenses	1,212	1,606	1,676	1,862	1,949	2,610
Short-Term Debt	-	-	697.05	1,783	2,492	280.03
Current Portion of Long-Term Debt	909.84	941.9	37.99	14.42	628.89	1,532
Current Portion of Leases	472.96	386.47	430.73	373.15	275.93	275.09
Other Current Liabilities	1,814	1,943	2,291	1,351	1,497	1,322
Total Current Liabilities	10,360	9,887	10,851	11,285	13,463	14,037
Long-Term Debt	12,925	13,240	12,901	9,096	9,486	12,273
Long-Term Leases	1,067	1,003	849.94	904.45	754.71	643.28
Other Long-Term Liabilities	1,750	1,821	4,038	4,362	3,797	4,046
Total Long-Term Liabilities	17,715	18,002	17,789	14,362	14,038	16,962
Total Liabilities	28,076	27,890	28,641	25,646	27,501	30,999
Common Stock	24,273	24,273	24,273	20,215	19,249	19,249
Treasury Stock	-553.73	-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	5,318	6,766	-2,905	-2,905	-2,905	-2,871
Retained Earnings	26,550	25,881	37,303	31,887	29,940	26,367
Total Common Shareholders' Equity	55,599	56,412	57,949	49,059	46,116	42,604
Minority Interest	199.54	213.1	225.03	179.9	182	211.37
Shareholders' Equity	52,972	53,799	58,174	49,239	46,298	42,816
Total Liabilities & Equity	81,048	81,688	86,815	74,885	73,799	73,815
Total Debt	15,375	15,571	14,917	12,171	13,638	15,004
Net Cash (Debt)	-9,785	-9,197	-6,640	-6,827	-8,203	-8,217
Net Cash Per Share	-13.63	-12.81	-9.22	-9.47	-11.38	-11.97
Book Value	55,599	56,412	57,949	49,059	46,116	42,604
Book Value Per Share	77.45	78.55	80.43	68.09	63.99	62.08
Tangible Book Value	43,538	43,725	43,695	37,860	34,067	29,667
Tangible Book Value Per Share	60.65	60.89	60.64	52.54	47.27	43.23

Updated Apr 28, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q