GERDAU S.A. (GGB) Financial Statements — Income, Balance Sheet, Cash Flow

Overview Financials Chart Business Summary Filings Ownership Valuation

Financial Statements — GGB

Balance Sheet

(in billions BRL)

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Cash & Equivalents	5.93	7.77	3.01	2.48	4.16	4.62	2.64
Inventory	--	--	--	--	16.86	9.17	7.66
Total Current Assets	28.61	32.67	29.20	31.26	32.64	23.41	18.24
Goodwill	12.00	13.85	10.83	11.63	12.43	12.10	9.47
Total Non-current Assets	53.08	54.15	45.69	42.54	41.17	39.71	35.77
Total Assets	81.69	86.81	74.89	73.80	73.81	63.12	54.00
Total Current Liabilities	9.89	10.85	11.28	13.46	14.04	11.48	7.42
Total Non-current Liabilities	18.00	17.79	14.36	14.04	16.96	20.56	19.41
Total Liabilities	27.89	28.64	25.65	27.50	31.00	32.04	26.83
Retained Earnings	23.05	24.24	25.91	22.17	17.84	7.29	5.64
Total Stockholder Equity	53.80	58.17	49.24	46.30	42.82	31.09	27.17

Income Statement

(in billions BRL) (except per-share rows)

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Total Revenue	69.86	67.03	68.92	82.41	78.35	43.81	39.64
Cost of Revenue*	61.89	57.82	57.58	63.66	57.53	37.88	35.44
Gross Profit	7.97	9.20	11.33	18.75	20.82	5.93	4.20
Selling, General & Admin	1.34	1.40	1.49	1.45	1.39	1.02	0.95
Total Operating Expenses*	4.23	1.72	0.88	1.00	(0.21)	0.74	1.02
Operating Income	3.74	7.49	10.45	17.75	21.02	5.19	3.18
Pretax Income	2.52	5.46	9.35	15.86	20.27	3.50	1.67
Tax Provision	1.11	0.86	1.81	4.38	4.71	1.11	0.46
Net Income	1.42	4.60	7.54	11.48	15.56	2.39	1.22
Basic EPS	--	--	--	--	9.09	1.39	0.71
Diluted EPS	--	--	--	6.50	9.04	1.38	0.70

* Derived from reported values

Cash Flow Statement

(in billions BRL)

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Operating Cash Flow	7.99	11.38	11.14	11.15	12.52	6.41	1.64
Investing Cash Flow	(7.57)	(5.03)	(5.77)	(4.46)	(3.00)	(2.23)	(1.90)
Financing Cash Flow	(1.72)	(2.69)	(4.13)	(8.26)	(9.98)	(2.49)	(0.01)