GERDAU S.A.

EDGAR

Annual consolidated revenue for 2025: about Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ 69.86B, using the latest reported figures. The previous period, 2024, was about Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ 67.03B.

Watchlist

Latest fiscal year

Revenue

69.9 billion Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ

2025 · Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ

Exact inputs and evidence
  • Revenue: 69858532000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ Source

Operating margin

5.35%

2025 · %

Exact inputs and evidence
  • Operating Income: 3739068000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ Source
  • Revenue: 69858532000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ Source

Operating cash flow

7.99 billion Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ

2025 · Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ

Exact inputs and evidence
  • Operating Cash Flow: 7987454000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ Source

Free cash flow

1.31 billion Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ

2025 · Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ

Exact inputs and evidence
  • Operating Cash Flow: 7987454000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ Source
  • Capital Expenditure: 6681620000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ Source
Cash and cash equivalents
5.93 billion Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ Source
Exact value

5929170000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-09-01.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 3 of 11 periods available· newest 2025-12-31
  • Operating income: 3 of 11 periods available· newest 2025-12-31
  • Net income: 3 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 3 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 3 of 11 periods available· newest 2025-12-31
  • Total assets: 3 of 11 periods available· newest 2025-12-31
  • Total liabilities: 3 of 11 periods available· newest 2025-12-31
  • Current assets: 2 of 11 periods available· newest 2025-12-31
  • Current liabilities: 2 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 4 of 11 periods available· newest 2025-12-31
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +4.2%

    Prior period

    Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ 67.03 billion

    –

    Current period

    Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ 69.86 billion

    –

    Exact inputs and evidence

    69858532000 − 67026656000 = 2831876000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ

    67026656000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    69858532000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ · 2025-01-01 – 2025-12-31

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  • Net income

    -69.6%

    Prior period

    Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ 4.57 billion

    –

    Current period

    Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ 1.39 billion

    –

    Exact inputs and evidence

    1387020000 − 4566317000 = -3179297000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ

    4566317000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ · 2024-01-01 – 2024-12-31

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    1387020000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ · 2025-01-01 – 2025-12-31

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  • Operating cash flow

    -29.8%

    Prior period

    Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ 11.38 billion

    –

    Current period

    Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ 7.99 billion

    –

    Exact inputs and evidence

    7987454000 − 11381243000 = -3393789000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ

    11381243000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ · 2024-01-01 – 2024-12-31

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    7987454000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ · 2025-01-01 – 2025-12-31

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  • Capital expenditure

    +15.6%

    Prior period

    Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ 5.78 billion

    –

    Current period

    Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ 6.68 billion

    –

    Exact inputs and evidence

    6681620000 − 5778381000 = 903239000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ

    5778381000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ · 2024-01-01 – 2024-12-31

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    6681620000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ · 2025-01-01 – 2025-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ 69.86 billion 100% of revenue
  • Operating costs Derived Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ 66.12 billion 95% of revenue
  • Operating income Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ 3.74 billion 5.4% of revenue
  • Tax, interest and other Derived Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ 2.35 billion 3.4% of revenue
  • Net income Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ 1.39 billion 2% of revenue

Cash

  • Operating cash flow Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ 7.99 billion 11% of revenue
  • Capital expenditure Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ 6.68 billion 9.6% of revenue
  • Free cash flow Derived Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ 1.31 billion 1.9% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2023 11%85%
  • 2024 89%
  • 2025 95%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2023 2023-01-01 – 2023-12-3168916447000 58463720000 Derived 10452727000 2951162000 Derived 7501565000 5929582000 Derived
Source
2024 2024-01-01 – 2024-12-3167026656000 59539454000 Derived 7487202000 2920885000 Derived 4566317000 5602862000 Derived
Source
2025 2025-01-01 – 2025-12-3169858532000 66119464000 Derived 3739068000 2352048000 Derived 1387020000 1305834000 Derived
Source

Amounts are exact, in Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ 69.9B 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.75.4B56.6B37.7B18.9B0.0202320242025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ)Source evidence
2023Revenue68916447000
2024Revenue67026656000
2025Revenue69858532000

Revenue growth

Change in revenue from the same financial period one year earlier.

4.2% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.4.8%2.8%0.7%-1.3%-3.3%202320242025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2023Year over yearNo prior comparable period
2024Year over year-2.7%
2025Year over year4.2%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 5.4% 2025
Net margin 2% 2025
Free cash flow margin 1.9% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.16.4%12.3%8.2%4.1%0.0%202320242025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2023Operating margin15.2%
2024Operating margin11.2%
2025Operating margin5.4%
2023Net margin10.9%
2024Net margin6.8%
2025Net margin2%
2023Free cash flow margin8.6%
2024Free cash flow margin8.4%
2025Free cash flow margin1.9%

Operating cash flow

Cash generated by the company’s normal business operations.

Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ 8B 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.12.3B9.2B6.1B3.1B0.0202320242025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ)Source evidence
2023Operating cash flow11138710000
2024Operating cash flow11381243000
2025Operating cash flow7987454000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ 1.3B 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.6.4B4.8B3.2B1.6B0.0202320242025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ)Source evidence
2023Free cash flow5929582000
2024Free cash flow5602862000
2025Free cash flow1305834000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

34.1% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.37.0%27.7%18.5%9.2%0.0%202320242025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2023Liabilities / assets34.2%
2024Liabilities / assets33%
2025Liabilities / assets34.1%

Current assets to current liabilities

Current assets divided by current liabilities.

2.89× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.3.25×2.44×1.63×0.81×0.00×2023-12-3120242025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2023-12-31Current assets / current liabilitiesNot reportedNo source recorded
2024Current assets / current liabilities3.01×
2025Current assets / current liabilities2.89×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2023 2023-01-01 – 2023-12-31
Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ 7.5 billion
Exact value

Exact value: 7501565000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ

2023-01-01 – 2023-12-31: 7501565000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ Inspect Net Income Open source
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Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ 11.14 billion
Exact value

Exact value: 11138710000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ

2023-01-01 – 2023-12-31: 11138710000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ Inspect Operating Cash Flow Open source
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Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ 5.21 billion
Exact value

Exact value: 5209128000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ

2023-01-01 – 2023-12-31: 5209128000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ Inspect Capital Expenditure Open source
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Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ 5.93 billion
Calculation and evidence

11138710000 − 5209128000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ

Exact free cash flow: 5929582000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ

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2024 2024-01-01 – 2024-12-31
Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ 4.57 billion
Exact value

Exact value: 4566317000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ

2024-01-01 – 2024-12-31: 4566317000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ Inspect Net Income Open source
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Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ 11.38 billion
Exact value

Exact value: 11381243000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ

2024-01-01 – 2024-12-31: 11381243000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ Inspect Operating Cash Flow Open source
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Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ 5.78 billion
Exact value

Exact value: 5778381000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ

2024-01-01 – 2024-12-31: 5778381000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ Inspect Capital Expenditure Open source
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Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ 5.6 billion
Calculation and evidence

11381243000 − 5778381000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ

Exact free cash flow: 5602862000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ

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2025 2025-01-01 – 2025-12-31
Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ 1.39 billion
Exact value

Exact value: 1387020000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ

2025-01-01 – 2025-12-31: 1387020000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ Inspect Net Income Open source
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Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ 7.99 billion
Exact value

Exact value: 7987454000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ

2025-01-01 – 2025-12-31: 7987454000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ Inspect Operating Cash Flow Open source
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Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ 6.68 billion
Exact value

Exact value: 6681620000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ

2025-01-01 – 2025-12-31: 6681620000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ Inspect Capital Expenditure Open source
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Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ 1.31 billion
Calculation and evidence

7987454000 − 6681620000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ

Exact free cash flow: 1305834000 Unit_Standard_BRL_BqHjXnpOnUSnik6IN3DYPQ

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

333 filings · 2,299 latest values · 2,299 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001073404, 1073404, GGB, edgar:1073404

Also known as GERDAU S.A., GERDAU SA