Gerdau S.A. (GGB)
NYSE: GGB · Real-Time Price · USD
4.380
-0.010 (-0.23%)
At close: Nov 6, 2026, 4:00 PM EST
4.350
-0.030 (-0.68%)
After-hours: Nov 6, 2026, 7:30 PM EST
Gerdau Balance Sheet
Financials in millions BRL. Fiscal year is January - December.
Millions BRL. Fiscal year is Jan - Dec.
Assets
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 5,696 | 5,155 | 5,276 | 5,929 | 9,390 | 8,501 | 6,480 | 7,768 | 8,074 | 4,889 | 3,743 | 3,006 | 2,915 | 2,556 | 2,582 | 2,476 | 6,186 | 5,777 | 4,895 | 4,161 |
Short-Term Investments | 347.57 | 285.26 | 313.95 | 445.63 | 484.01 | 472.92 | 390.34 | 509.03 | 757.58 | 1,750 | 2,198 | 2,338 | 3,088 | 1,629 | 3,243 | 2,959 | - | - | - | 2,626 |
Trading Asset Securities | - | 8.73 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,404 | 1,978 | 2,696 | - |
Cash & Short-Term Investments | 6,043 | 5,449 | 5,590 | 6,375 | 9,874 | 8,974 | 6,870 | 8,277 | 8,832 | 6,639 | 5,941 | 5,344 | 6,003 | 4,185 | 5,825 | 5,435 | 8,590 | 7,755 | 7,591 | 6,787 |
Cash Growth (YoY) | -38.79% | -39.28% | -18.63% | -22.98% | 11.80% | 35.17% | 15.63% | 54.89% | 47.13% | 58.65% | 1.99% | -1.68% | -30.12% | -46.04% | -23.26% | -19.92% | 1.89% | 37.55% | 8.40% | -11.38% |
Accounts Receivable | 6,227 | 5,999 | 5,863 | 4,811 | 5,878 | 5,799 | 6,252 | 5,177 | 5,674 | 5,876 | 5,482 | 4,875 | 5,738 | 5,593 | 5,999 | 4,999 | 6,665 | 7,261 | 6,756 | 5,414 |
Other Receivables | 1,071 | 1,273 | 1,359 | 1,973 | 1,659 | 1,782 | 1,946 | 2,068 | 1,633 | 1,952 | 1,701 | 1,997 | 2,598 | 2,746 | 2,688 | 2,213 | 2,699 | 2,455 | 2,607 | 2,896 |
Receivables | 7,298 | 7,272 | 7,221 | 6,784 | 7,538 | 7,581 | 8,199 | 7,245 | 7,307 | 7,828 | 7,182 | 6,872 | 8,336 | 8,339 | 8,687 | 7,212 | 9,364 | 9,716 | 9,363 | 8,310 |
Inventory | 16,490 | 16,100 | 15,190 | 14,731 | 15,272 | 16,042 | 16,558 | 16,505 | 15,914 | 16,547 | 16,043 | 15,228 | 15,815 | 16,981 | 17,184 | 17,818 | 18,812 | 18,464 | 16,317 | 16,861 |
Other Current Assets | 813.77 | 617.42 | 571.87 | 715.52 | 716.32 | 709.51 | 566.91 | 643.07 | 764.98 | 813.6 | 575.76 | 1,754 | 737.44 | 811.58 | 723.24 | 793.17 | 792.19 | 799.91 | 648.26 | 682.44 |
Total Current Assets | 30,646 | 29,439 | 28,574 | 28,605 | 33,400 | 33,307 | 32,194 | 32,669 | 32,818 | 31,828 | 29,743 | 29,198 | 30,892 | 30,316 | 32,420 | 31,257 | 37,558 | 36,735 | 33,919 | 32,640 |
Property, Plant & Equipment | 32,727 | 32,283 | 32,008 | 31,912 | 32,270 | 32,098 | 31,438 | 30,760 | 27,423 | 26,680 | 24,957 | 24,063 | 23,292 | 22,063 | 21,616 | 21,384 | 20,613 | 19,842 | 18,637 | 19,604 |
Long-Term Investments | 3,526 | 3,701 | 3,863 | 3,944 | 4,046 | 3,956 | 3,864 | 4,222 | 4,197 | 4,263 | 4,074 | 3,858 | 5,002 | 4,721 | 4,613 | 3,897 | 4,294 | 4,017 | 3,330 | 3,432 |
Goodwill | 11,289 | 11,280 | 11,376 | 11,996 | 11,956 | 12,260 | 12,873 | 13,853 | 12,132 | 12,369 | 11,156 | 10,825 | 11,181 | 10,777 | 11,338 | 11,634 | 12,040 | 11,685 | 10,609 | 12,428 |
Other Intangible Assets | 1,270 | 689.66 | 684.97 | 691.37 | 711.95 | 414.09 | 388.15 | 400.57 | 389.77 | 394.07 | 364.07 | 373.71 | 420.2 | 432.77 | 455.18 | 415.16 | 436.51 | 435.71 | 449.44 | 509.76 |
Long-Term Deferred Tax Assets | 2,543 | 2,591 | 2,560 | 2,562 | 2,356 | 2,294 | 2,310 | 2,428 | 2,253 | 2,451 | 2,270 | 2,219 | 2,017 | 1,951 | 1,802 | 2,164 | 2,252 | 2,514 | 2,265 | 2,929 |
Other Long-Term Assets | 1,945 | 1,990 | 1,982 | 1,977 | 2,517 | 2,525 | 2,509 | 2,481 | 2,638 | 4,414 | 4,397 | 4,347 | 3,606 | 3,534 | 3,502 | 3,047 | 2,579 | 2,427 | 2,329 | 2,269 |
Total Assets | 83,946 | 81,973 | 81,048 | 81,688 | 87,256 | 86,854 | 85,576 | 86,814 | 81,851 | 82,399 | 76,961 | 74,885 | 76,410 | 73,795 | 75,747 | 73,799 | 79,772 | 77,657 | 71,539 | 73,815 |
Liabilities
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | 6,557 | 6,182 | 5,953 | 4,628 | 5,132 | 5,157 | 5,985 | 5,258 | 5,202 | 5,450 | 5,529 | 5,317 | 5,033 | 5,547 | 6,176 | 5,966 | 8,711 | 8,416 | 7,090 | 7,209 |
Accrued Expenses | 1,730 | 1,465 | 1,422 | 1,699 | 1,680 | 1,495 | 1,278 | 1,576 | 1,636 | 1,521 | 1,232 | 1,498 | 1,487 | 1,298 | 1,471 | 1,714 | 1,939 | 1,732 | 1,880 | 1,979 |
Current Portion of Long-Term Debt | 554.75 | 629.75 | 909.84 | 945.21 | 3,339 | 2,553 | 2,255 | 735.04 | 1,813 | 1,711 | 1,711 | 1,798 | 1,356 | 1,010 | 2,962 | 3,121 | 3,886 | 3,550 | 2,084 | 1,766 |
Current Portion of Leases | 510.65 | 478.16 | 472.96 | 386.47 | 381.81 | 410.22 | 468.59 | 430.73 | 422.02 | 413.6 | 395.87 | 373.15 | 370.62 | 313.42 | 295.66 | 275.93 | 268.35 | 265.07 | 266.72 | 275.09 |
Current Income Taxes Payable | 147.8 | 104.03 | 183.27 | 289.86 | 183.69 | 87.59 | 244.38 | 346.21 | 208.73 | 139.64 | 147.86 | 502.77 | 199.75 | 203.72 | 507.39 | 497.24 | 393.47 | 630.26 | 707.39 | 863.14 |
Other Current Liabilities | 1,074 | 1,398 | 1,420 | 1,938 | 1,636 | 1,818 | 1,962 | 2,506 | 1,744 | 2,012 | 1,626 | 1,796 | 2,087 | 1,939 | 1,619 | 1,888 | 1,469 | 1,935 | 1,917 | 1,944 |
Total Current Liabilities | 10,574 | 10,258 | 10,360 | 9,887 | 12,353 | 11,522 | 12,193 | 10,851 | 11,026 | 11,247 | 10,642 | 11,285 | 10,534 | 10,311 | 13,031 | 13,463 | 16,667 | 16,528 | 13,946 | 14,037 |
Long-Term Debt | 13,174 | 12,928 | 12,925 | 13,240 | 15,329 | 15,537 | 12,251 | 12,901 | 10,719 | 10,898 | 9,355 | 9,121 | 10,147 | 9,710 | 9,324 | 9,511 | 9,001 | 8,921 | 10,705 | 12,298 |
Long-Term Leases | 1,241 | 1,134 | 1,067 | 1,003 | 963.57 | 1,019 | 1,019 | 849.94 | 873.34 | 935.63 | 912.71 | 904.45 | 995.47 | 897.46 | 805.06 | 754.71 | 739.59 | 698.72 | 650.41 | 643.28 |
Pension & Post-Retirement Benefits | 357.98 | 355.12 | 367.01 | 404.09 | 457.21 | 470.61 | 483.21 | 545.21 | 516.44 | 736.41 | 691.02 | 706.77 | 848.19 | 815.15 | 865.31 | 893.38 | 1,240 | 1,310 | 1,193 | 1,415 |
Long-Term Deferred Tax Liabilities | 410.4 | 399.75 | 369.39 | 353.83 | 300.79 | 46.44 | 110.69 | 163.14 | 30.45 | 11.09 | 74.88 | 204.15 | 230.54 | 97.72 | 100.79 | 96.34 | 109.13 | 103.59 | 87.91 | 98.98 |
Other Long-Term Liabilities | 3,340 | 3,163 | 2,987 | 3,001 | 3,114 | 3,135 | 3,299 | 3,330 | 3,170 | 3,230 | 3,174 | 3,426 | 2,867 | 2,808 | 2,818 | 2,782 | 2,637 | 2,578 | 2,422 | 2,507 |
Total Liabilities | 29,097 | 28,238 | 28,076 | 27,890 | 32,518 | 31,730 | 29,357 | 28,641 | 26,335 | 27,057 | 24,850 | 25,646 | 25,623 | 24,638 | 26,944 | 27,500 | 30,394 | 30,138 | 29,003 | 30,999 |
Shareholders' Equity
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 24,273 | 24,273 | 24,273 | 24,273 | 24,273 | 24,273 | 24,273 | 24,273 | 24,273 | 24,273 | 20,215 | 20,215 | 20,215 | 20,215 | 20,215 | 19,249 | 19,249 | 19,249 | 19,249 | 19,249 |
Additional Paid-In Capital | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 11.6 | - |
Retained Earnings | 25,654 | 24,689 | 23,723 | 23,055 | 25,119 | 24,508 | 24,288 | 24,238 | 25,090 | 23,997 | 27,785 | 25,915 | 26,159 | 25,329 | 24,085 | 22,173 | 25,566 | 23,754 | 20,444 | 17,838 |
Treasury Stock | -407.33 | -514.19 | -553.73 | -520.07 | -549.57 | -565.51 | -469.35 | -734.28 | -438 | -97.29 | -98.43 | -150.18 | -151.65 | -154.9 | -156.03 | -180 | -1,066 | -472.91 | -133.17 | -152.41 |
Comprehensive Income & Other | 5,135 | 5,097 | 5,330 | 6,778 | 5,697 | 6,708 | 7,925 | 10,172 | 6,370 | 6,958 | 4,018 | 3,079 | 4,378 | 3,587 | 4,474 | 4,874 | 5,439 | 4,803 | 2,757 | 5,669 |
Total Common Equity | 54,655 | 53,545 | 52,772 | 53,585 | 54,539 | 54,923 | 56,017 | 57,949 | 55,295 | 55,130 | 51,919 | 49,059 | 50,601 | 48,977 | 48,618 | 46,116 | 49,188 | 47,333 | 42,328 | 42,604 |
Minority Interest | 193.22 | 190.19 | 199.54 | 213.1 | 198.87 | 201.24 | 202.37 | 225.03 | 220.94 | 211.6 | 191.53 | 179.9 | 186.56 | 180.07 | 184.02 | 182 | 190.5 | 185.11 | 207.89 | 211.37 |
Shareholders' Equity | 54,848 | 53,735 | 52,972 | 53,798 | 54,738 | 55,124 | 56,219 | 58,174 | 55,516 | 55,342 | 52,111 | 49,239 | 50,788 | 49,157 | 48,802 | 46,298 | 49,379 | 47,518 | 42,536 | 42,816 |
Total Liabilities & Equity | 83,946 | 81,973 | 81,048 | 81,688 | 87,256 | 86,854 | 85,576 | 86,814 | 81,851 | 82,399 | 76,961 | 74,885 | 76,410 | 73,795 | 75,747 | 73,799 | 79,772 | 77,657 | 71,539 | 73,815 |
Additional Metrics
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 15,480 | 15,170 | 15,375 | 15,575 | 20,014 | 19,519 | 15,994 | 14,917 | 13,828 | 13,958 | 12,374 | 12,196 | 12,869 | 11,931 | 13,386 | 13,663 | 13,894 | 13,435 | 13,706 | 14,983 |
Net Cash (Debt) | -9,437 | -9,721 | -9,785 | -9,200 | -10,140 | -10,546 | -9,124 | -6,640 | -4,997 | -7,319 | -6,433 | -6,852 | -6,867 | -7,746 | -7,561 | -8,228 | -5,304 | -5,680 | -6,115 | -8,196 |
Net Cash Growth (YoY) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Cash Per Share | -4.79 | -4.92 | -4.93 | -4.69 | -5.07 | -5.23 | -4.46 | -3.21 | -2.37 | -3.46 | -3.05 | -3.25 | -3.23 | -3.67 | -3.58 | -4.14 | -2.49 | -2.63 | -2.83 | -3.80 |
Filing Date Shares Outstanding | 1,962 | 1,963 | 1,967 | 1,975 | 1,985 | 1,998 | 2,029 | 2,041 | 2,085 | 2,104 | 2,104 | 2,099 | 2,099 | 2,099 | 2,099 | 2,096 | 2,103 | 2,134 | 2,152 | 2,149 |
Total Common Shares Outstanding | 1,962 | 1,963 | 1,967 | 1,975 | 1,985 | 1,998 | 2,029 | 2,041 | 2,085 | 2,104 | 2,104 | 2,099 | 2,099 | 2,099 | 2,099 | 2,096 | 2,103 | 2,134 | 2,152 | 2,149 |
Working Capital | 20,072 | 19,181 | 18,213 | 18,718 | 21,047 | 21,785 | 20,001 | 21,818 | 21,792 | 20,581 | 19,100 | 17,913 | 20,358 | 20,006 | 19,389 | 17,795 | 20,890 | 20,208 | 19,974 | 18,604 |
Book Value Per Share | 27.86 | 27.27 | 26.82 | 27.13 | 27.48 | 27.49 | 27.61 | 28.39 | 26.52 | 26.21 | 24.68 | 23.37 | 24.10 | 23.33 | 23.16 | 22.00 | 23.39 | 22.18 | 19.67 | 19.82 |
Tangible Book Value | 42,096 | 41,575 | 40,711 | 40,898 | 41,872 | 42,249 | 42,756 | 43,695 | 42,773 | 42,367 | 40,399 | 37,860 | 39,000 | 37,767 | 36,825 | 34,067 | 36,711 | 35,212 | 31,270 | 29,667 |
Tangible Book Value Per Share | 21.46 | 21.18 | 20.69 | 20.71 | 21.09 | 21.15 | 21.07 | 21.41 | 20.51 | 20.14 | 19.21 | 18.03 | 18.58 | 17.99 | 17.54 | 16.25 | 17.46 | 16.50 | 14.53 | 13.80 |
Land | - | - | - | 12,902 | - | - | - | 12,744 | - | - | - | 10,873 | - | - | - | 10,430 | - | - | - | 10,221 |
Machinery | - | - | - | 49,877 | - | - | - | 48,252 | - | - | - | 40,167 | - | - | - | 39,661 | - | - | - | 37,883 |
Construction In Progress | - | - | - | 8,660 | - | - | - | 8,600 | - | - | - | 5,517 | - | - | - | 3,715 | - | - | - | 3,621 |