Gerdau S.A.

GGB Basic Materials Steel

Gerdau S.A.’s revenue for fiscal 2025 (year ended December 2025) was $12.5 billion, up 0.68% from fiscal 2024.

Revenue
+14.3%
EPS
+87.5%
Free cash flow
+172.0%
Total debt
−4.72%

Quarter to June 2026, against a year earlier

4.41 0.19 −4.13%
Market cap
$5.5B
P/E
19.2×
Fwd P/E
—
Dividend yield
3.41%
F-score
5/9
Altman Z
2.56
Beneish M
−2.86
Dividend safety
16/100

Gerdau S.A. (GGB) Gross margin

Alert me on Gross margin

Gerdau S.A.'s gross margin over the twelve months to 30 June 2026 was 13.2%, up 1.8 percentage points from fiscal 2025 (11.4%). Over the past ten years it has ranged from 9.20% (fiscal 2016) to 26.6% (fiscal 2021); the current reading is higher than 45% of that period. That is below the Steel industry median of 14.0% and below the Basic Materials sector median of 25.0%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 11.4% (2.32)
FY2024 13.7% (2.71)
FY2023 16.4% (6.31)
FY2022 22.8% (3.82)
FY2021 26.6% 13.03
FY2020 13.5% 2.94
FY2019 10.6% (2.72)
FY2018 13.3% 3.56
FY2017 9.76% 0.56
FY2016 9.20% (0.65)

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 15.8% 2.11
Mar 2026 13.7% 2.83
Dec 2025 10.9% (1.02)
Sep 2025 11.9% 0.32
42 more quarters

Against its own ten years

Low 9.20% High 26.6%
Ten-year median 13.3%
Current reading's percentile 55

Gross margin against peers

Company Gross margin
RS Reliance, Inc. compare 28.1%
SID National Steel Company compare 27.8%
SIM Grupo Simec, S.A. de C.V. compare 25.7%
TX Ternium S.A. compare 19.6%
STLD Steel Dynamics, Inc. compare 15.9%
GGB Gerdau S.A. 13.2%
WS Worthington Steel, Inc. compare 10.4%
PKX POSCO Holdings Inc. compare 7.86%
CLF Cleveland-Cliffs Inc. compare 1.54%
Steel industry median 14.0%
Basic Materials sector median 25.0%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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