# Gerdau S.A.: overview

GGB · NYSE · CIK 1073404 · [Materials](/sectors/materials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/ggb.md) · [Financials](/companies/ggb/financials.md) · [Filings](/companies/ggb/filings.md) · [Insiders](/companies/ggb/insiders.md)

Revenue is not reported in this company’s XBRL financial statements.

## Last eight quarters

Not reported.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [78.3](/filings/0001104659-24-040516.md) | [82.4](/filings/0001410578-25-000353.md) | [68.9](/filings/0001104659-26-027678.md) | [67.0](/filings/0001104659-26-027678.md) | [69.9](/filings/0001104659-26-027678.md) |
| Gross margin | % | [26.6%](/filings/0001104659-24-040516.md) | [22.8%](/filings/0001410578-25-000353.md) | [16.4%](/filings/0001104659-26-027678.md) | [13.7%](/filings/0001104659-26-027678.md) | [11.4%](/filings/0001104659-26-027678.md) |
| Operating margin | % | [26.8%](/filings/0001104659-24-040516.md) | [21.5%](/filings/0001410578-25-000353.md) | [15.2%](/filings/0001104659-26-027678.md) | [11.2%](/filings/0001104659-26-027678.md) | [5.4%](/filings/0001104659-26-027678.md) |
| Net margin | % | [19.8%](/filings/0001104659-24-040516.md) | [13.9%](/filings/0001410578-25-000353.md) | [10.9%](/filings/0001104659-26-027678.md) | [6.8%](/filings/0001104659-26-027678.md) | [2.0%](/filings/0001104659-26-027678.md) |
| Diluted EPS | $ per share | [9.04](/filings/0001104659-23-040166.md) | [6.50](/filings/0001104659-23-040166.md) | not reported | not reported | not reported |
| Free cash flow | $bn | [9.5](/filings/0001104659-24-040516.md) | [6.9](/filings/0001410578-25-000353.md) | [5.9](/filings/0001104659-26-027678.md) | [5.6](/filings/0001104659-26-027678.md) | [1.3](/filings/0001104659-26-027678.md) |

- Revenue. XBRL Revenue: ifrs-full:Revenue.
- Gross margin (gross profit / revenue). XBRL Gross profit: ifrs-full:GrossProfit; Revenue: ifrs-full:Revenue.
- Operating margin (operating income / revenue). XBRL Operating income: ifrs-full:ProfitLossFromOperatingActivities; Revenue: ifrs-full:Revenue.
- Net margin (net income / revenue). XBRL Net income: ifrs-full:ProfitLossAttributableToOwnersOfParent; Revenue: ifrs-full:Revenue.
- Diluted EPS. XBRL Diluted EPS: ifrs-full:DilutedEarningsLossPerShare.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: ifrs-full:CashFlowsFromUsedInOperatingActivities; Capital expenditure: ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/ggb/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [Capital World Investors](/funds/1422849.md) | 2026-06-30 | $108.7m | 26,902,473 |  | Reduced −627,833 |
| [UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC](/funds/861177.md) | 2026-06-30 | $104.0m | 25,745,217 |  | Added +23,936,662 |
| [CONTRARIAN CAPITAL MANAGEMENT, L.L.C.](/funds/1050417.md) | 2026-06-30 | $77.0m | 19,069,112 |  | Unchanged |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $73.6m | 18,225,403 |  | Added +7,372,520 |
| [DONALD SMITH & CO., INC.](/funds/814375.md) | 2026-06-30 | $70.7m | 17,490,810 |  | Reduced −6,649,773 |
| [Aquamarine Financial (Cayman) Ltd](/funds/2104187.md) | 2026-06-30 | $67.6m | 16,726,171 |  | Unchanged |
| [TWO SIGMA INVESTMENTS, LP](/funds/1179392.md) | 2026-06-30 | $62.1m | 15,383,237 |  | Reduced −10,456,483 |
| [MACKENZIE FINANCIAL CORP](/funds/919859.md) | 2026-06-30 | $59.1m | 14,638,321 |  | Added +6,860,744 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $46.1m | 11,394,004 |  | Reduced −481,627 |
| [FMR LLC](/funds/315066.md) | 2026-06-30 | $42.0m | 10,392,607 |  | Added +10,381,651 |

## Recent filings

[All 491 filings](/companies/ggb/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-26 | 17:20 ET | [6-K](/filings/0001104659-26-118865.md) | Report of a foreign private issuer, period 2026-10-26 | 0001104659-26-118865 |
| 2026-10-26 | 17:19 ET | [6-K](/filings/0001104659-26-118862.md) | Report of a foreign private issuer, period 2026-10-26 | 0001104659-26-118862 |
| 2026-10-26 | 17:15 ET | [6-K](/filings/0001104659-26-118860.md) | Report of a foreign private issuer, period 2026-10-26 | 0001104659-26-118860 |
| 2026-10-26 | 20:19 ET | [6-K](/filings/0001104659-26-118543.md) | Report of a foreign private issuer, period 2026-10-23 | 0001104659-26-118543 |
| 2026-09-01 | 18:36 ET | [6-K](/filings/0001104659-26-103986.md) | Report of a foreign private issuer, period 2026-08-31 | 0001104659-26-103986 |
| 2026-08-06 | 17:13 ET | [6-K](/filings/0001104659-26-092126.md) | Report of a foreign private issuer, period 2026-08-06 | 0001104659-26-092126 |
| 2026-08-05 | 08:20 ET | [6-K](/filings/0001104659-26-090754.md) | Report of a foreign private issuer, period 2026-08-05 | 0001104659-26-090754 |
| 2026-08-04 | 17:17 ET | [6-K](/filings/0001104659-26-090500.md) | Report of a foreign private issuer, period 2026-08-04 | 0001104659-26-090500 |
| 2026-08-04 | 17:15 ET | [6-K](/filings/0001104659-26-090494.md) | Report of a foreign private issuer, period 2026-08-04 | 0001104659-26-090494 |
| 2026-08-04 | 17:09 ET | [6-K](/filings/0001104659-26-090481.md) | Report of a foreign private issuer, period 2026-08-04 | 0001104659-26-090481 |

## Latest annual report

[Form 20-F for the fiscal year ended Dec 31, 2025](/filings/0001104659-26-027678.md), filed Mar 13, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1073404
- Tickers: GGB
- Exchange: NYSE
- SIC code: 3310 Steel Works, Blast Furnaces & Rolling & Finishing Mills
- State of incorporation: D5
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 27, 2026, 08:41 ET. No prices; not investment advice.
