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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 Cash Flow Statement

Millions BRL. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Net Income
1,5541,4541,002-1,2981,079856.29749.49316.021,347859.112,044577.951,5822,1363,2061,2083,0114,2822,9253,495
Depreciation & Amortization
937.9920.78902.39935.65937.55936.54873.84832.87796.28771.32725.79790.84789.15752.45714.78769.17737.52701.21658.81528.89
Other Amortization
-------------------177.67
Loss (Gain) From Sale of Assets
13.418.75.2260.41-5.2711.678.597.9713.5919.764.551.328.2716.980.96-7.070.03-14.19-4.36-73.67
Asset Writedown & Restructuring Costs
---1,965-----199.63----------
Loss (Gain) From Sale of Investments
-230.7745.73--6.53-0.056.58--29.375.0224.36---0.980.98-----162.91
Loss (Gain) on Equity Investments
-29.53-54.63-82.0628.84-88.74-26.44-9.27-78.35-198.92-108.08-887.48-57.99-182.07-233.59-353.95-174.91-281.49-386.85-308.5793.9
Stock-Based Compensation
34.0635.4239.6129.137.8841.3340.937.8738.9640.1235.4635.1842.4843.0237.335.4629.8421.7417.6820.29
Provision & Write-off of Bad Debts
--28.4128.4110.25--3.953.9530.91--20.0920.095.665.07-4.514.514.79-6.061.98-0.632,567
Other Operating Activities
592.03-376.12721.11-727.78521.44-363.42280.68242.81684.55-333.5154.71-136.58567.78-461.65-9.1480.08330.65-265.471,652-2,369
Change in Accounts Receivable
-226.81-31.94-1,2421,207-118.87256.37-1,195970.73113.75-7.97-526.96711.66-51.55172.28-1,1271,497708.61-13.82-1,902939.04
Change in Inventory
-398.39-995.52-874.99794.61496.03170.34-504.06334.42485.12342.08-619.12146.951,159-312.79312.45615.04-365.5-1,478-810.49-1,287
Change in Accounts Payable
352.8594.891,137-633.54-72.36-712.36931.87-417.65-250.35-593.4768.48420.17-606.32-428.24258.98-2,116-451.04715.29856.37896.76
Change in Other Net Operating Assets
98.01462.35-127.56782.35138.03-158.47-279.86538.422,792742.29-881,118-967.541,536-1,081-587.04306.88-478.36-763.722,671
Operating Cash Flow
2,6971,5351,5093,1472,9251,014900.862,7875,8281,936831.293,6132,3453,2171,9641,7243,2483,8572,3207,822
Operating Cash Flow Growth (YoY)
-7.80%51.31%67.54%12.93%-49.81%-47.59%8.37%-22.88%148.53%-39.83%-57.67%109.55%-27.81%-16.61%-15.37%-77.95%26.10%600.89%47.90%201.45%

Investing Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Capital Expenditures
-1,101-1,064-1,168-1,470-1,713-1,659-1,839-1,867-1,658-1,171-1,083-1,540-1,486-1,229-954.35-1,684-1,056-958.98-592.86-1,215
Sale of Property, Plant & Equipment
8.225.224.324.0135.6516.2913.7833.9520.491.291,50430.333.661.195.4911.671.3822.0113.2760.14
Cash Acquisitions
-300---25.85--240.09-433.18-455.68------------
Sale (Purchase) of Intangibles
-49.33-38.28-37.18-47.13-49.7-41-33.39-44.4-42.21-55-26.43-36.19-31.53-31.82-27.66-61.05-53.9-38.22-36.21-58.29
Investment in Securities
---0.09--2.64--88.8-90.88-36.03-33.21-31.83-427.53-47.01-96.65--26.75--113.6
Investing Cash Flow
-1,442-1,097-1,201-1,539-1,730-1,924-2,380-2,424-1,715-1,258362.64-1,974-1,514-1,212-1,073-1,734-1,135-975.2-615.8-1,099

Financing Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Long-Term Debt Issued
--81.44---1,249---421.6---118.39---295.15-
Total Debt Issued
256.07226.7681.44318.68758.66,8951,2491,821139.431,536421.6118.02701.59838.79118.391,821136.9510.43295.155.06
Long-Term Debt Repaid
---411.39----171.3----763.19----504.9----268.35-
Lease Payments
-129.71-133.15-111.39-135.44-117.44-118.13-116.78-131.22-110.5-110.94-106.85-79.38-125.77-91.46-91.59-64.11-88.7-85.72-71.69-70.6
Total Debt Repaid
-512.47-297.88-411.39-4,940-400.28-2,971-171.3-1,751-376.16-864.07-763.19-217.46-483.13-2,013-504.9-1,598-269.29-1,376-268.35-3,387
Net Debt Issued (Repaid)
-256.4-71.12-329.95-4,621358.313,9241,07870.3-236.73671.96-341.59-99.44218.46-1,175-386.51222.83-132.34-1,36526.8-3,382
Repurchase of Common Stock
-31.56-104.88-206.39-183.49-213.32-491.61-280.89-844.94-349.79-------156.98-604-312.14--
Common Dividends Paid
-426.22-363.01-187.04-573.99-248.29-260.77-202.63-643.36-251.67-586.73-174.66-828.26-750.71-772.11-332.25-3,483-1,197-870.33-340.58-3,280
Other Financing Activities
----------0.180.18-0.40.40.64-0.64-5.984.53-41.24-0.74123.89
Financing Cash Flow
-714.17-539.01-723.38-5,379-103.293,172594.41-1,418-838.1985.05-516.07-928.09-531.85-1,946-719.4-3,424-1,929-2,589-314.52-6,538

Net Cash Flow

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Foreign Exchange Rate Adjustments
-0.19-19.34-238.29310.54-203.07-240.5-403.23749.18-89.59383.2659.62-620.3559.04-84.26-65.1-277.01224.85588.4-655.40.38
Net Cash Flow
540.66-120.65-653.29-3,460888.642,021-1,288-306.293,1851,146737.4891.12358.49-25.84106.02-3,710408.9881.59734.51184.58

Free Cash Flow

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Free Cash Flow
1,596470.75341.331,6771,212-644.96-937.86919.544,170764.95-251.782,073859.171,9881,00940.222,1922,8981,7276,607
Free Cash Flow Growth (YoY)
31.73%--82.37%-70.94%---55.64%385.37%-61.52%-5053.90%-60.81%-31.41%-41.57%-99.39%24.16%-52.38%222.94%
Free Cash Flow Margin
8.54%2.63%2.04%9.88%6.74%-3.68%-5.40%5.47%24.00%4.60%-1.55%14.09%5.04%10.88%5.35%0.22%10.37%12.62%8.50%30.65%
Free Cash Flow Per Share
0.810.240.170.850.61-0.32-0.460.451.980.36-0.120.980.400.940.480.021.031.340.803.06
Levered Free Cash Flow
1,066275.49323.811,198850.1772.73-1,261-124.611,076-321.68176.481,4921,623732.531,1981,0941,9081,3971,9593,234
Unlevered Free Cash Flow
1,247443.69500.221,4131,074269.25-1,24512.781,208-208.69291.921,6231,754868.831,3251,1952,0851,5692,1133,455
Free Cash Flow After Leases
1,466337.6229.941,5421,094-763.08-1,055788.324,060654.01-358.631,994733.41,897917.75-23.892,1042,8131,6566,536

Additional Metrics

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Cash Interest Paid
69.12630.3570.63862.66107.14498.58115.1486.98110.46357.23121.41448.79106.42331.7399.15379.06115.88438.52123.77522.83
Cash Income Tax Paid
547.9656.7892.53286.7960.09458.08316.3744.6261.28724.82568.79150.03191.541,035183.89575.571,1001,372308.561,473
Change in Working Capital
-174.34-470.24-1,1072,151442.84-444.12-1,0471,4263,141482.93-1,1662,397-466.6967.25-1,637-590.78-573.03-483.09-2,6193,219
SEC Filings: 10-K · 10-Q