Gerdau S.A. (GGB)
NYSE: GGB · Real-Time Price · USD
5.14
+0.04 (0.78%)
At close: Aug 5, 2026, 4:00 PM EDT
5.15
+0.01 (0.19%)
After-hours: Aug 5, 2026, 5:31 PM EDT
Gerdau Cash Flow Statement
Financials in millions BRL. Fiscal year is January - December.
Millions BRL. Fiscal year is Jan - Dec.
Operating Activities
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 |
Net Income | 2,276 | 1,418 | 4,599 | 7,537 | 11,480 | 15,559 |
Depreciation & Amortization | 3,696 | 3,684 | 3,126 | 3,047 | 2,867 | 2,659 |
Stock-Based Compensation | 142 | 149.21 | 152.41 | 157.98 | 104.71 | 65.29 |
Other Adjustments | 5,048 | 4,339 | 2,095 | 1,682 | 5,467 | 4,474 |
Change in Receivables | -185.23 | 149.59 | 549.55 | -294.51 | 290.58 | -1,614 |
Changes in Inventories | -579.87 | 956.92 | 542.5 | 1,305 | -2,039 | -7,704 |
Changes in Accounts Payable | 525.9 | -486.38 | -1,193 | -355.42 | -995.6 | 2,534 |
Changes in Other Operating Activities | -1,078 | -2,223 | 1,510 | -1,941 | -6,023 | -3,456 |
Operating Cash Flow | 9,116 | 7,987 | 11,381 | 11,139 | 11,150 | 12,517 |
Operating Cash Flow Growth | -13.42% | -29.82% | 2.18% | -0.10% | -10.92% | 95.34% |
Investing Activities
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 |
Capital Expenditures | -5,416 | -6,682 | -5,778 | -5,209 | -4,292 | -3,026 |
Sale of Property, Plant & Equipment | 49.2 | 69.73 | 1,560 | 40.66 | 48.32 | 82.64 |
Purchases of Intangible Assets | -172.28 | -171.22 | -168.04 | -127.2 | -189.38 | -166.31 |
Purchases of Investments | -2.73 | -91.44 | -191.95 | -524.19 | -26.75 | 113.6 |
Cash Acquisitions | -25.85 | -699.12 | -455.68 | - | - | - |
Other Investing Activities | - | - | - | 47.01 | - | - |
Investing Cash Flow | -5,567 | -7,574 | -5,034 | -5,773 | -4,460 | -2,996 |
Financing Activities
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 |
Long-Term Debt Issued | 1,385 | 9,221 | 3,918 | 1,777 | 2,263 | 609.7 |
Long-Term Debt Repaid | -5,552 | -7,995 | -3,270 | -2,831 | -3,201 | -5,117 |
Net Long-Term Debt Issued (Repaid) | -4,167 | 1,227 | 648.43 | -1,054 | -937.82 | -4,507 |
Repurchase of Common Stock | -708.08 | -1,169 | -1,195 | - | -1,073 | - |
Net Common Stock Issued (Repurchased) | -708.08 | -1,169 | -1,195 | - | -1,073 | - |
Common Dividends Paid | -1,372 | -1,286 | -1,656 | -2,683 | -5,892 | -5,339 |
Other Financing Activities | -497.42 | -487.78 | -484.5 | -388.1 | -353.66 | -136.3 |
Financing Cash Flow | -6,745 | -1,716 | -2,687 | -4,125 | -8,256 | -9,983 |
Net Cash Flow
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 |
Foreign Exchange Rate Adjustments | -150.17 | -536.27 | 1,102 | -710.66 | -119.16 | 5.26 |
Net Cash Flow | -3,346 | -1,839 | 4,762 | 529.78 | -1,685 | -456.55 |
Free Cash Flow
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 |
Free Cash Flow | 3,701 | 1,306 | 5,603 | 5,930 | 6,858 | 9,491 |
Free Cash Flow Growth | 5.53% | -76.69% | -5.51% | -13.54% | -27.74% | 99.51% |
FCF Margin | 5.32% | 1.87% | 8.36% | 8.60% | 8.32% | 12.11% |
Free Cash Flow Per Share | 5.25 | 1.82 | 7.78 | 8.23 | 9.52 | 13.83 |
Levered Free Cash Flow | -4,741 | -2,137 | 3,422 | 3,295 | 4.32 | 1,994 |
Unlevered Free Cash Flow | 138.89 | -2,649 | 4,509 | 5,276 | 2,366 | 7,141 |