Gerdau (GGBR4.SA) Stock Price

Gerdau Price

B3·CLOSED
24.65BRL-0.14 (-0.57 %)
Market closed

Revenue has compounded at 6.2% per year over the past 19 years to 67.03 B BRL. Earnings per share have grown at 1.6% per year over the last 19 years. Gerdau's net margin stands at 7.1%, up from 5.4% several years earlier. Gerdau currently offers a dividend yield of about 3.25%. The payout ratio is around 35% of earnings. Analysts set a median price target of 25.50 BRL, implying 3.4% above the current price. Of 20 analysts, 16 rate the stock a buy — an overall Buy consensus. The stock trades about 54% above its 52-week low.

Gerdau stock price

Volume
Ex-Dividend
Details

Stock Price

ⓘ

How to Read This Chart

This chart tracks the historical stock price of Gerdau over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Gerdau stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Gerdau's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Gerdau Stock Price History
DateGerdau Price
8/14/202624.65 BRL
8/13/202624.79 BRL
8/12/202624.88 BRL
8/11/202624.16 BRL
8/10/202625.20 BRL
8/7/202625.05 BRL
8/6/202625.65 BRL
8/5/202626.02 BRL
8/4/202626.17 BRL
8/3/202625.63 BRL
7/31/202624.98 BRL
7/30/202624.98 BRL
7/29/202624.79 BRL
7/28/202625.14 BRL
7/27/202624.48 BRL
7/24/202624.26 BRL
7/23/202624.06 BRL
7/22/202624.06 BRL
7/21/202623.49 BRL
7/20/202623.62 BRL
7/17/202624.04 BRL
7/16/202623.91 BRL
7/15/202624.20 BRL
7/14/202623.32 BRL
7/13/202623.09 BRL
7/10/202623.01 BRL
7/9/202622.48 BRL
7/8/202621.53 BRL
7/7/202621.85 BRL
7/6/202621.84 BRL
7/3/202621.50 BRL
7/2/202621.15 BRL
7/1/202620.89 BRL
6/30/202620.78 BRL
6/29/202621.04 BRL
6/26/202621.42 BRL
6/25/202621.44 BRL
6/24/202621.38 BRL
6/23/202621.70 BRL
6/22/202621.90 BRL
6/19/202621.85 BRL
6/18/202622.18 BRL
6/17/202623.29 BRL
6/16/202623.55 BRL
6/15/202623.73 BRL
6/12/202624.05 BRL
6/11/202623.31 BRL
6/10/202623.33 BRL
6/9/202623.47 BRL
6/8/202623.68 BRL
6/5/202623.72 BRL
6/3/202623.98 BRL
6/2/202624.30 BRL
6/1/202622.54 BRL
5/29/202623.42 BRL
5/28/202623.67 BRL
5/27/202623.84 BRL
5/26/202623.83 BRL
5/25/202623.85 BRL
5/22/202623.46 BRL
5/21/202623.27 BRL
5/20/202623.16 BRL
5/19/202623.02 BRL
5/18/202623.26 BRL
5/15/202623.34 BRL
5/14/202623.58 BRL
5/13/202623.49 BRL
5/12/202623.62 BRL
5/11/202623.70 BRL
5/8/202623.88 BRL
5/7/202623.77 BRL
5/6/202624.36 BRL
5/5/202623.75 BRL
5/4/202622.65 BRL
4/30/202622.61 BRL
4/29/202622.46 BRL
4/28/202622.56 BRL
4/27/202621.66 BRL
4/24/202621.77 BRL
4/23/202621.68 BRL
4/22/202621.72 BRL
4/20/202621.44 BRL
4/17/202621.54 BRL
4/16/202621.53 BRL
4/15/202621.80 BRL
4/14/202621.60 BRL
4/13/202621.12 BRL
4/10/202621.29 BRL
4/9/202621.33 BRL
4/8/202620.44 BRL
4/7/202619.70 BRL
4/6/202619.62 BRL
4/2/202619.81 BRL
4/1/202619.72 BRL
3/31/202619.00 BRL
3/30/202618.36 BRL
3/27/202618.12 BRL
3/26/202618.43 BRL
3/25/202618.46 BRL
3/24/202618.24 BRL
3/23/202618.00 BRL
3/20/202617.45 BRL
3/19/202617.49 BRL
3/18/202617.39 BRL
3/17/202617.66 BRL
3/16/202617.80 BRL
3/13/202617.73 BRL
3/12/202618.03 BRL
3/11/202618.67 BRL
3/10/202618.85 BRL
3/9/202618.75 BRL
3/6/202618.90 BRL
3/5/202619.32 BRL
3/4/202619.86 BRL
3/3/202619.75 BRL
3/2/202620.80 BRL
2/27/202620.99 BRL
2/26/202621.08 BRL
2/25/202621.41 BRL
2/24/202621.13 BRL
2/23/202621.61 BRL
2/20/202621.64 BRL
2/19/202621.52 BRL
2/18/202621.62 BRL
2/13/202621.66 BRL
2/12/202622.19 BRL
2/11/202622.65 BRL
2/10/202622.15 BRL
2/9/202622.25 BRL
2/6/202621.97 BRL
2/5/202622.01 BRL
2/4/202622.40 BRL
2/3/202623.04 BRL
2/2/202622.59 BRL
1/30/202622.42 BRL
1/29/202622.74 BRL
1/28/202623.73 BRL
1/27/202623.50 BRL
1/26/202622.73 BRL
1/23/202623.25 BRL
1/22/202623.08 BRL
1/21/202622.56 BRL
1/20/202622.20 BRL
1/19/202622.01 BRL
12/17/202520.32 BRL
12/16/202520.65 BRL
12/15/202520.37 BRL
12/12/202519.93 BRL
12/11/202519.86 BRL
12/10/202519.59 BRL
12/9/202519.08 BRL
12/8/202519.05 BRL
12/5/202519.10 BRL
12/4/202519.60 BRL
12/3/202519.63 BRL
12/2/202519.11 BRL
12/1/202519.15 BRL
11/28/202519.04 BRL
11/27/202519.11 BRL
11/26/202519.13 BRL
11/25/202518.76 BRL
11/24/202518.59 BRL
11/21/202518.47 BRL
11/19/202518.49 BRL
11/18/202518.65 BRL
11/17/202518.70 BRL
11/14/202518.77 BRL
11/13/202518.91 BRL
11/12/202519.05 BRL
11/11/202518.90 BRL
11/10/202519.10 BRL
11/7/202519.03 BRL
11/6/202519.12 BRL
11/5/202519.09 BRL
11/4/202518.58 BRL
11/3/202518.71 BRL
10/31/202518.94 BRL
10/30/202518.72 BRL
10/29/202519.25 BRL
10/28/202518.46 BRL
10/27/202518.22 BRL
10/24/202518.21 BRL
10/23/202518.19 BRL
10/22/202518.00 BRL
10/21/202518.19 BRL
10/20/202518.26 BRL
10/17/202518.00 BRL
10/16/202517.67 BRL
10/15/202517.92 BRL
10/14/202517.71 BRL
10/13/202517.72 BRL
10/10/202517.35 BRL
10/9/202517.57 BRL
10/8/202517.53 BRL
10/7/202517.19 BRL
10/6/202517.45 BRL
10/3/202517.50 BRL
10/2/202517.17 BRL
10/1/202516.96 BRL
9/30/202516.61 BRL
9/29/202516.76 BRL
9/26/202516.62 BRL
9/25/202516.68 BRL
9/24/202516.70 BRL
9/23/202516.86 BRL
9/22/202516.74 BRL
9/19/202516.77 BRL
9/18/202516.81 BRL
9/17/202516.84 BRL
9/16/202516.78 BRL
9/15/202516.70 BRL
9/12/202516.30 BRL
9/11/202517.00 BRL
9/10/202516.92 BRL
9/9/202517.09 BRL
9/8/202517.37 BRL
9/5/202517.44 BRL
9/4/202517.00 BRL
9/3/202516.76 BRL
9/2/202516.92 BRL
9/1/202516.90 BRL
8/29/202516.66 BRL
8/28/202516.79 BRL
8/27/202516.78 BRL
8/26/202516.80 BRL
8/25/202516.68 BRL
8/22/202516.36 BRL
8/21/202515.98 BRL
8/20/202516.07 BRL
8/19/202516.28 BRL
8/18/202516.39 BRL
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Gerdau Revenue, EBIT, Net Income

  • 3 Years

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  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2022
82.41 B BRL
16.60 B BRL
11.39 B BRL
Jan 1, 2023
68.92 B BRL
9.63 B BRL
7.52 B BRL
Jan 1, 2024
67.03 B BRL
6.31 B BRL
4.74 B BRL
Jan 1, 2025 (e)
69.55 B BRL
10.32 B BRL
3.73 B BRL
Jan 1, 2026 (e)
70.27 B BRL
10.43 B BRL
5.63 B BRL
Jan 1, 2027 (e)
72.64 B BRL
10.78 B BRL
6.23 B BRL
Jan 1, 2028 (e)
75.37 B BRL
11.18 B BRL
6.16 B BRL
Jan 1, 2029 (e)
82.66 B BRL
12.27 B BRL
7.11 B BRL

Gerdau Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 16, 2026, 4:44 PM
 
REVENUEB BRL
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB BRL
EBITB BRL
EBIT MARGIN%
NET INCOMEB BRL
NET INCOME GROWTH%
DIV.BRL
DIV. GROWTH%
SHARESB
20152016201720182019202020212022202320242025e2026e2027e2028e2029e2030e
43.5837.6536.9246.1639.6443.8178.3582.4168.9267.0369.5570.2772.6475.3782.6687.27
2.43-13.61-1.9525.03-14.1110.5278.815.19-16.38-2.743.761.043.373.769.685.57
9.849.209.7613.3210.6013.5326.5722.7516.4413.7313.7313.7313.7313.7313.7313.73
4.293.463.606.154.205.9320.8218.7511.339.209.559.659.9710.3511.3511.98
1.811.291.134.043.225.1119.0716.609.636.3110.3210.4310.7811.1812.2712.95
4.143.443.078.758.1311.6524.3420.1413.979.4214.8414.8414.8414.8414.8414.84
-4.55-2.89-0.362.301.202.3715.4811.397.524.743.735.636.236.167.11–
-424.61-36.50-87.58-741.50-47.7696.59554.38-26.43-33.99-36.89-21.4451.1010.71-1.1615.34–
0.220.080.080.380.280.34––––0.780.340.34–––
-12.00-63.64–375.00-26.3221.43–––––-56.41––––
2.132.152.152.142.142.142.152.142.112.092.092.092.092.092.092.09
Details

Income Statement Key Figures

ⓘ

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Gerdau generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Gerdau retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Gerdau's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Gerdau has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Gerdau's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Gerdau stock margins

The Gerdau margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Gerdau. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Gerdau.

  • 3 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2020
13.54 %
11.65 %
5.40 %
Jan 1, 2021
26.57 %
24.34 %
19.75 %
Jan 1, 2022
22.75 %
20.14 %
13.82 %
Jan 1, 2023
16.44 %
13.97 %
10.91 %
Jan 1, 2024
13.73 %
9.42 %
7.08 %
Jan 1, 2025 (e)
13.73 %
14.84 %
5.36 %
Jan 1, 2026 (e)
13.73 %
14.84 %
8.01 %
Jan 1, 2027 (e)
13.73 %
14.84 %
8.58 %

Gerdau Stock Revenue, EBIT, Earnings per Share

The Gerdau earnings per share therefore indicates how much revenue Gerdau has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 Years

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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2020
20.45 BRL
2.38 BRL
1.10 BRL
Jan 1, 2021
36.47 BRL
8.88 BRL
7.20 BRL
Jan 1, 2022
38.48 BRL
7.75 BRL
5.32 BRL
Jan 1, 2023
32.63 BRL
4.56 BRL
3.56 BRL
Jan 1, 2024
32.07 BRL
3.02 BRL
2.27 BRL
Jan 1, 2025 (e)
33.27 BRL
4.94 BRL
1.78 BRL
Jan 1, 2026 (e)
33.62 BRL
4.99 BRL
2.69 BRL
Jan 1, 2027 (e)
34.75 BRL
5.16 BRL
2.98 BRL

Gerdau business model & stock analysis

Gerdau SA is a Brazilian company mainly engaged in the production and processing of steel. The company was founded by João Gerdau in 1901 and is headquartered in Porto Alegre, Brazil. Over the years, Gerdau has become one of the largest steel producers in the world and is currently active in more than 10 countries. The company employs over 30,000 employees and has an annual production capacity of over 25 million tons of steel. Gerdau's business model is focused on producing high-quality steel products for various industries and applications. The company covers a wide range of products, from building materials such as reinforcing bars and reinforced concrete to packaging solutions and industrial articles such as wire and pipes. In addition, Gerdau is also active in other areas, including the production of aluminum casting and aluminum products. Gerdau's key customers include companies in the construction, automotive, shipbuilding, and energy sectors. One of Gerdau's strengths is its extensive product portfolio, which is divided into several business segments. The "long products" business segment includes a wide range of steel products such as concrete steel, wire rod, merchant bars, and other long products. "Special steel" is another area of the company specializing in the production of steel alloys and specialty steels. Gerdau is also involved in the production of heavy plates, slabs, and billets used as semifinished products in the automotive industry. In this area, Gerdau also offers customized solutions for its customers. Another important business segment of Gerdau is the production of tube products. The company manufactures a wide range of round, square, and rectangular tubes used in various applications, including the construction and automotive industries. In addition to steel production, Gerdau is also involved in the recycling industry. The company collects and recycles scrap in its facilities to reduce environmental pollution and promote sustainable solutions. Gerdau is a company that is constantly striving to improve its products and services and provide the best possible service to its customers. The company continuously invests in research and development of new products and technologies to meet changing customer needs. Overall, Gerdau is a significant company in the steel industry with a long history and an extensive product portfolio. With its advanced technology, wide range of products, and focus on sustainability, Gerdau is well positioned to continue playing a leading role in the steel industry in the future.

Gerdau SWOT Analysis

Strengths

Gerdau SA is one of the leading steel producers globally, known for its diversified range of high-quality steel products. The company's extensive distribution network and strong brand reputation enable it to effectively serve various industries and markets.

Gerdau SA benefits from vertical integration, as it owns iron ore mines, enabling a reliable supply of raw materials. This integration enhances cost efficiency and provides greater control over production processes, contributing to competitive advantages.

Weaknesses

Although Gerdau SA has a global presence, its operations are heavily concentrated in the American market, making it vulnerable to economic fluctuations in that region. Additionally, the company faces significant competition from other major steel producers, which may affect market share and pricing.

Gerdau SA's heavy reliance on the steel industry makes it susceptible to fluctuations in steel prices, demand, and overall economic conditions. This dependence exposes the company to potential risks and challenges.

Opportunities

The rising global demand for steel, particularly in developing countries, presents opportunities for Gerdau SA to expand its market presence. By focusing on emerging markets and investing in research and development, the company can capitalize on this growth potential.

Gerdau SA could venture into new product lines and innovation, such as advanced steel solutions for the automotive or renewable energy industries. These diversification strategies can help the company stay ahead of competitors and cater to evolving customer needs.

Threats

Increased competition, particularly from low-cost producers in Asia, poses a threat to Gerdau SA's market position and profitability. If the company fails to differentiate itself or adapt to changing market dynamics, it may face challenges in maintaining its competitive edge.

The steel industry is subject to various regulations and policies related to environmental sustainability. Gerdau SA may face challenges in complying with stringent environmental standards and potential penalties associated with non-compliance.

Gerdau Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Gerdau historical P/E ratio, EBIT multiple, and P/S ratio

Gerdau annual returns

Details

Annual Return

ⓘ

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Gerdau shares outstanding

The number of shares of Gerdau was 2.09 B in 2025. This indicates how many shares Gerdau is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2020
2.14 B Stocks
Jan 1, 2021
2.15 B Stocks
Jan 1, 2022
2.14 B Stocks
Jan 1, 2023
2.11 B Stocks
Jan 1, 2024
2.09 B Stocks
Jan 1, 2025 (e)
2.09 B Stocks
Jan 1, 2026 (e)
2.09 B Stocks
Jan 1, 2027 (e)
2.09 B Stocks

Gerdau stock splits

In Gerdau's history, there have been no stock splits.

Gerdau Dividend History

35 years of dividend payments

YearAnnual DividendYoY ChangePayments
20260.28BRLYTD—2×
Mar 11, 20260.10BRL↓ 64.3%1/2
May 14, 20260.18BRL↑ 80.0%2/2
20250.62BRL↓ 22.5%4×
Mar 6, 20250.10BRL↓ 66.7%1/4
May 9, 20250.12BRL↑ 20.0%2/4
Aug 12, 20250.12BRL 0.0%3/4
Nov 11, 20250.28BRL↑ 133.3%4/4
20240.80BRL↓ 50.3%4×
20231.61BRL↓ 55.6%4×
20223.63BRL↑ 18.2%4×
20213.07BRL↑ 859.4%5×
20200.32BRL↑ 14.3%3×
20190.28BRL↓ 26.3%4×
20180.38BRL↑ 660.0%4×
20170.05BRL 0.0%2×

Gerdau dividend history and estimates

In 2025, Gerdau paid a dividend amounting to 0.62 BRL. Dividend means that Gerdau distributes a portion of its profits to its owners.

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  • Max

Dividend
Dividend (Estimate)
Special dividend
Details
Date
Dividend
Dividend (Estimate)
Special dividend
Jan 1, 2020 (e)
0.32 BRL
0.02 BRL
0.23 BRL
Jan 1, 2021 (e)
3.07 BRL
0.00 BRL
2.44 BRL
Jan 1, 2022 (e)
3.63 BRL
0.00 BRL
2.88 BRL
Jan 1, 2023 (e)
1.61 BRL
0.00 BRL
1.33 BRL
Jan 1, 2024 (e)
0.80 BRL
0.00 BRL
0.78 BRL
Jan 1, 2025 (e)
0.62 BRL
0.16 BRL
0.62 BRL
Jan 1, 2026 (e)
0.00 BRL
0.34 BRL
0.00 BRL
Jan 1, 2027 (e)
0.00 BRL
0.34 BRL
0.00 BRL

Gerdau dividend payout ratio

In 2025, Gerdau had a payout ratio of 43.93%. The payout ratio indicates the percentage of the company's profits that Gerdau distributes as dividends.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2020
23.08 %
Jan 1, 2021
33.84 %
Jan 1, 2022
54.05 %
Jan 1, 2023
37.46 %
Jan 1, 2024
34.51 %
Jan 1, 2025 (e)
43.93 %
Jan 1, 2026 (e)
12.57 %
Jan 1, 2027 (e)
11.35 %

Current Gerdau forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
8.70 %
Buy
80.00 % (16)
Hold
20.00 % (4)
Sell
0.00 % (0)
12M Price Target
25.50
Last Price
24.65
Currency
BRL
12M Return Potential
3.45 %
LTM Return
0 %

Gerdau Analyst Rating Actions

DateFirmActionRatingReliability
2/8/2023
JP Morgan
JP Morgan
DowngradeOverweightNeutral80
9/8/2021
Credit Suisse
Credit Suisse
UpgradeNeutralOutperform–
9/16/2018
HSBC
HSBC
UpgradeHoldBuy–
6/4/2018
Morgan Stanley
Morgan Stanley
UpgradeEqual WeightOverweight60
8/31/2017
JP Morgan
JP Morgan
UpgradeNeutralOverweight80
10/24/2016
Scotiabank
Scotiabank
DowngradeSector PerformUnderperform75
8/17/2016
Morgan Stanley
Morgan Stanley
UpgradeEqual WeightOverweight60
8/3/2016
Credit Suisse
Credit Suisse
UpgradeNeutralOutperform–
2/21/2016
B of A Securities
B of A Securities
DowngradeNeutralUnderperform70
4/15/2015
B of A Securities
B of A Securities
DowngradeBuyNeutral70

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Gerdau Earnings Calls

Gerdau Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
5/1/20241.09BRL-18.69 BBRL-2024 Q1
2/28/20240.92BRL-16.05 BBRL-2023 Q4
8/1/20231.02BRL-17.86 BBRL-2023 Q2
5/3/20231.17BRL-17.43 BBRL-2023 Q1
2/21/20231.26BRL-18.40 BBRL-2022 Q4
11/9/20221.66BRL-21.34 BBRL-2022 Q3
8/3/20222.25BRL-23.06 BBRL-2022 Q2
5/5/20221.97BRL-21.33 BBRL-2022 Q1
2/23/20222.19BRL-21.06 BBRL-2021 Q4
10/27/20212.25BRL-20.27 BBRL-2021 Q3

EESG©

Eulerpool ESG Scorecard© for the Gerdau stock

81/100
99
Environment
99
Social
46
Governance
E

Environment

20
Scope 1 - Direct Emissions9,339,382.59
Scope 2 - Indirect emissions from purchased energy1,513,325.65
Scope 3 - Indirect emissions within the value chain2,889,026.19
Total CO₂ emissions10,852,708.24
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees17.24
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees31.43
Black Management Share14.95
Percentage of white employees68.57
White Management Share85.05
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Gerdau shareholder structure

% Name
5.31978%
Fidelity Management & Research Company LLC
Fidelity Management & Research Company LLC
2.17827%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
2.04101%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
0.95765%
Santander Rio Asset Management G.F.C.I.S.A.
Santander Rio Asset Management G.F.C.I.S.A.
0.68165%
Arga Investment Management, LP
Arga Investment Management, LP
0.60047%
BTG Pactual WM Gestão de Recursos Ltda.
BTG Pactual WM Gestão de Recursos Ltda.
...

Gerdau Beneficial Ownership Filings (SEC 13D/G)

Free Float
64.2%
Float Shares
-
Shares Outstanding
-

Gerdau Executives and Management Board

15 members · avg. age 53 · 13 % women

Management

GC

Mr. Gustavo da Cunha (52)

Chief Executive Officer, Member of the Board of Executive Officers, Director · since 2018

–
RJ

Mr. Rafael Japur (43)

Executive Vice President, Chief Financial Officer and Investor Relations Officer, Member of the Board of Executive Officers

–
MM

Mr. Mauricio Metz (46)

Executive Vice President - Steel Operations Brazil, Member of the Board of Executive Officers

–
MW

Mr. Marcos Wahrhaftig (53)

Executive Vice President, Member of the Board of Executive Officers · since 2022

–
AC

Mr. Aldo Castillo (47)

Member of the Board of Executive Officers

–
CP

Mr. Cesar da Rosa Peres (62)

Member of the Board of Executive Officers

–

Board of Directors

GJ

Mr. Guilherme Chagas Gerdau Johannpeter (53)

Chairman of the Board · since 2015

–
AJ

Mr. Andre Bier Gerdau Johannpeter (62)

Vice Chairman of the Board · since 2018

–
CJ

Mr. Claudio Johannpeter (61)

Vice Chairman of the Board

–
AF

Mr. Alberto Fernandes (63)

Independent Director

–
CG

Mr. Claudio Antonio Goncalves (50)

Independent Director

–
CR

Ms. Claudia Sender Ramirez (51)

Independent Director

–

Frequently asked questions about Gerdau

The business model of Gerdau SA focuses on steel production and distribution. As a leading company in the steel industry, Gerdau operates through various business segments, including Brazil-based operations, North America operations, South America operations, and Special Steel operations. Gerdau is engaged in manufacturing long steel products, such as rebar, wire rod, and structural shapes, and also produces flat steel products, including hot-rolled coils, heavy plates, and galvanized and painted coils. By constantly improving operations and investing in technology and innovation, Gerdau aims to meet the diverse needs of its customers and maintain its position as a global steel industry leader.

Gerdau SA is primarily active in the metal and mining industry. With its extensive global presence, Gerdau SA is engaged in the production and sale of steel products for various sectors such as construction, automotive, agriculture, energy, and manufacturing. As one of the leading steel producers, Gerdau SA plays a significant role in providing solutions and contributing to the development of infrastructure, transportation, and industrial markets worldwide. This Brazilian company's diversified portfolio and commitment to quality make it a prominent player in the metal industry. Invest in Gerdau SA to benefit from its strong presence and expertise in the global steel market.

The main competitors of Gerdau SA in the market include companies such as ArcelorMittal, Nucor Corporation, and Steel Dynamics Inc. These global steel producers compete with Gerdau SA in various sectors of the steel industry. Gerdau SA, a renowned multinational steel manufacturing company based in Brazil, faces tough competition from these key players in terms of market share, product offerings, and pricing strategies. It is vital for investors and stakeholders to monitor the performance and competitiveness of these market rivals to gain a comprehensive understanding of Gerdau SA's position in the industry.

Gerdau SA, founded in 1901, is a multinational company based in Brazil. It is a leading producer of long steel and one of the largest suppliers in the Americas. Gerdau SA has a rich history in the steel industry, evolving from a small nail factory to a global player. Over the years, the company has expanded its operations through strategic acquisitions and investments. Gerdau SA has a strong presence in North and South America, Europe, and Asia, serving customers across various sectors, including construction, automotive, and energy. With a commitment to sustainability and innovation, Gerdau SA continues to be a key player in the global steel market.

Gerdau SA, a prominent steel manufacturing company, has achieved several significant milestones throughout its history. Notably, the company has expanded its global presence by establishing a strong foothold in various markets worldwide. Gerdau SA has also focused on sustainable practices, contributing to their recognition as one of the most sustainable companies in the steel industry. Additionally, the company has consistently invested in technological advancements, enabling it to improve operational efficiency and maintain a competitive edge. Gerdau SA's commitment to innovation and customer satisfaction has positioned it as a leading player in the steel manufacturing sector, solidifying its reputation as a reliable and trusted choice for investors.

Gerdau SA, a prominent steel company, is primarily present in several countries and regions worldwide. With its vast global footprint, Gerdau has a significant presence in Brazil, its home country, where it operates numerous facilities and headquarters. Additionally, Gerdau extends its operations across North America, particularly in the United States and Canada. The company also has a strong presence in Europe, including Spain, Sweden, and Poland. Furthermore, Gerdau has expanded its reach to several countries in Latin America, such as Argentina, Peru, and Chile. Gerdau SA's extensive international presence allows it to serve diverse markets and contribute to the global steel industry.

Gerdau SA represents a set of core values and a strong corporate philosophy. The company values include integrity, respect, sustainability, and excellence. Gerdau SA believes in conducting business with transparency and ethical practices. As a leading steel producer, Gerdau SA is committed to providing high-quality products and services to their customers while maintaining a focus on sustainability and environmental responsibility. The company strives for continuous improvement and innovation in order to stay competitive in the global market. Gerdau SA's dedication to their values and corporate philosophy sets them apart in the steel industry.

Analysts currently set an average price target of 25.04 BRL for the Gerdau stock (median: 25.50 BRL), implying +1.6 % versus the latest price. The consensus is based on 20 analyst ratings.

Gerdau Analyst Price Targets 2026

20 analysts currently rate the Gerdau stock: 16 recommend buying, 4 holding and 0 selling. For 2026, analysts expect Gerdau to generate revenue of 70.27 B BRL and earnings per share of 2.69 BRL.

Gerdau Analyst Price Targets 2026

Converted at the current exchange rate, the Gerdau share trades at 4.11 EUR (24.65 BRL).

The Gerdau share (GGBR4.SA) is listed on 5 stock exchanges, including: Frankfurt (GDUB.F), Düsseldorf (GDUB.DU).

Gerdau SA is a Brazilian company headquartered in Porto Alegre that specializes in the production of steel products. The company operates in various sectors, including automotive, construction, mining, energy, machinery, and oil and gas. In the automotive sector, Gerdau SA offers engineering consulting as well as steel products for vehicles. The company manufactures body and sheet metal for automobile manufacturers and also provides components for the drivetrain, brakes, and suspension of automobiles. In the construction sector, Gerdau SA offers steel products for use in the construction of buildings and bridges. The company produces construction steel for use in beams, columns, beams, and bolts, and also offers specialized products for use in the prefabrication of buildings. In mining, Gerdau SA produces steel products for use in the mining industry. The company manufactures steel for use in rails, car bodies, drilling equipment, and mining equipment, and also offers specially made products for use in the oil and gas industry. In the energy sector, Gerdau SA produces steel products for use in energy generation and distribution. The company produces construction steel for use in power poles and towers, wind turbines, and turbines, as well as pipelines for the transportation of oil and gas. In machinery construction, Gerdau SA produces steel products for use in machine production. The company manufactures steel for use in the production of rolling mills, presses, machine tools, and machine tools, and also offers specially made products for use in agriculture and forestry. Gerdau SA also offers various products for use in raw material extraction, including steel products for mining, the chemical industry, and the cement industry. Gerdau SA's business model is based on the production and sale of steel products for various industries. The company has extensive production in Latin America and North America and exports its products worldwide. SEO Optimization: The Brazilian company Gerdau SA operates in various sectors and produces steel products for the automotive, construction, mining, energy, machinery, and oil and gas industries. The company offers engineering consulting as well as specially made products. Extensive production processes in Latin America and North America enable wide global export opportunities.

The expected revenue of Gerdau is 70.27 B BRL. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Gerdau is 5.63 B BRL. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Gerdau is currently 9.15. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Gerdau stock.

The price-to-sales ratio (P/S) of Gerdau is currently 0.73. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Gerdau stock.

The Eulerpool Quality Score for Gerdau is 3/10.

The ISIN of Gerdau is BRGGBRACNPR8. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Gerdau is 909187. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Gerdau is GGBR4.SA. The ticker symbol is used to trade Gerdau shares on the stock exchange.

Over the past 12 months, Gerdau paid a dividend of 0.80 BRL . This corresponds to a dividend yield of about 3.25 %. For the coming 12 months, Gerdau is expected to pay a dividend of 0.34 BRL.

The current dividend yield of Gerdau is 3.25 %.

Gerdau pays a dividend, distributed in the months of , , , .

Gerdau paid dividends every year for the past 34 years.

For the upcoming 12 months, dividends amounting to 0.34 BRL are expected. This corresponds to a dividend yield of 1.37 %.

Gerdau is assigned to the 'Commodities' sector.

In the year 2025, Gerdau distributed 0.78 BRL as dividends.

The dividends of Gerdau are distributed in BRL.

All fundamentals and in-depth analysis of Gerdau

Our stock analysis for Gerdau stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Gerdau. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

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