See more : d’Amico International Shipping S.A. (DIS.MI) Income Statement Analysis – Financial Results
Complete financial analysis of Gerdau S.A. (GGB) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Gerdau S.A., a leading company in the Steel industry within the Basic Materials sector.
You may be interested
- Aqaseem Factory for Chemicals and Plastics Co. (9539.SR) Income Statement Analysis – Financial Results
- Raytech Holding Limited Ordinary Shares (RAY) Income Statement Analysis – Financial Results
- PUNCTUAL TRADING LTD. (PUNCTRD.BO) Income Statement Analysis – Financial Results
- G5 Entertainment AB (publ) (0QUS.L) Income Statement Analysis – Financial Results
- Yunhong Guixin Group Holdings Limited (8349.HK) Income Statement Analysis – Financial Results
Gerdau S.A. (GGB)
About Gerdau S.A.
Gerdau S.A. provides steel products and services. The company operates through Brazil Business, North America Business, South America Business, and Special Steel Business segments. It offers semi-finished products, including billets, blooms, and slabs; common long rolled products, such as rebars, wire rods, merchant bars, light shapes, and profiles to the construction and manufacturing industries; finished industrial products, including commercial rolled-steel bars, and light profiles and wires; agricultural products that include stakes and smooth wire products; and drawn products comprises barbed and barbless fence wires, galvanized wires, fences, concrete reinforcing wire meshes, nails, and clamps. The company also produces special steel products used in auto parts, light and heavy vehicles, and agricultural machinery, as well as the oil and gas, wind energy, machinery and equipment, mining and rail, and other markets. In addition, it offers flat products, including hot rolled coils and heavy plates; and resells flat steel products, as well as mines and produces iron ore. It sells its products through independent distributors, direct sales from the mills, and through its retail network. The company was founded in 1901 and is based in Sao Paulo, Brazil.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 68.92B | 82.41B | 78.35B | 43.81B | 39.64B | 46.16B | 36.92B | 37.65B | 43.58B | 42.55B | 39.86B | 37.98B | 35.41B | 31.39B | 26.54B | 41.91B | 28.16B | 25.26B | 20.77B | 18.47B | 13.07B | 11.56B | 5.39B | 5.22B | 3.31B | 2.28B |
| Cost of Revenue | 57.58B | 63.66B | 57.53B | 37.88B | 35.44B | 40.01B | 33.31B | 34.19B | 39.29B | 37.41B | 34.73B | 33.23B | 30.30B | 25.87B | 22.11B | 31.02B | 21.16B | 18.72B | 15.33B | 12.85B | 9.94B | 8.32B | 3.81B | 3.56B | 2.03B | 1.47B |
| Gross Profit | 11.33B | 18.75B | 20.82B | 5.93B | 4.20B | 6.15B | 3.60B | 3.46B | 4.29B | 5.14B | 5.13B | 4.75B | 5.11B | 5.52B | 4.43B | 10.89B | 7.00B | 6.54B | 5.44B | 5.61B | 3.13B | 3.24B | 1.58B | 1.66B | 1.28B | 803.09M |
| Gross Profit Ratio | 16.44% | 22.75% | 26.57% | 13.54% | 10.60% | 13.32% | 9.76% | 9.20% | 9.85% | 12.08% | 12.88% | 12.50% | 14.43% | 17.58% | 16.70% | 25.98% | 24.86% | 25.89% | 26.20% | 30.40% | 23.96% | 28.03% | 29.26% | 31.88% | 38.62% | 35.26% |
| Research & Development | 0.00 | 154.60M | 177.67M | 188.08M | 157.28M | 171.18M | 149.15M | 149.91M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 1.49B | 1.45B | 1.39B | 1.02B | 954.12M | 1.08B | 1.13B | 1.53B | 1.80B | 2.04B | 1.95B | 1.88B | 1.80B | 1.81B | 1.71B | 2.28B | 0.00 | 1.75B | 466.03M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 716.20M | 733.03M | 715.83M | 512.95M | 476.34M | 570.43M | 524.97M | 710.77M | 785.00M | 691.02M | 658.86M | 587.37M | 603.75M | 551.55M | 627.82M | 688.64M | 0.00 | 546.06M | -203.24M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 2.21B | 2.19B | 2.11B | 1.53B | 1.43B | 1.65B | 1.65B | 2.24B | 2.58B | 2.73B | 2.61B | 2.47B | 2.40B | 2.36B | 2.34B | 2.97B | 2.46B | 2.30B | 1.56B | 1.36B | 1.12B | 1.18B | 666.29M | 634.37M | 443.00M | 334.43M |
| Other Expenses | 0.00 | -36.27M | -1.31B | -1.12B | -449.20M | 34.99M | -91.73M | -127.85M | -97.00M | -87.89M | -177.72M | -63.96M | 85.53M | -482.28M | 101.81M | -89.61M | 31.76M | 0.00 | 19.25M | -76.25M | 0.00 | 0.00 | 0.00 | 274.76M | 198.20M | 114.54M |
| Operating Expenses | 2.22B | 2.15B | 797.48M | 412.69M | 981.26M | 1.70B | 1.56B | 2.11B | 2.49B | 2.64B | 2.43B | 2.41B | 2.23B | 1.88B | 2.25B | 2.88B | 2.49B | 2.30B | 1.58B | 1.29B | 1.12B | 1.18B | 666.29M | 909.14M | 641.20M | 448.97M |
| Cost & Expenses | 59.63B | 65.81B | 58.33B | 38.30B | 36.42B | 41.71B | 34.88B | 36.30B | 41.78B | 40.05B | 37.16B | 35.64B | 32.53B | 27.75B | 24.36B | 33.90B | 23.65B | 21.02B | 16.91B | 14.14B | 11.06B | 9.50B | 4.48B | 4.46B | 2.67B | 1.92B |
| Interest Income | 62.95M | 213.92M | 249.02M | 194.09M | 223.21M | 204.00M | 226.62M | 252.05M | 378.40M | 276.25M | 292.91M | 316.61M | 455.80M | 295.56M | 436.24M | 484.05M | 810.14M | 978.42M | 477.47M | 216.71M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 840.07M | 964.61M | 1.43B | 1.45B | 1.47B | 1.58B | 1.73B | 2.01B | 1.78B | 1.40B | 1.05B | 952.68M | 970.46M | 1.10B | 1.29B | 1.62B | 1.20B | 932.18M | 531.81M | 436.57M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 3.05B | 2.87B | 2.66B | 2.50B | 2.07B | 1.89B | 2.09B | 2.54B | 2.61B | 2.23B | 2.03B | 1.83B | 1.77B | 1.89B | 1.75B | 1.90B | 1.23B | 1.08B | 704.61M | 715.06M | 526.26M | 632.94M | 315.55M | 274.76M | 198.20M | 114.54M |
| EBITDA | 13.23B | 19.69B | 23.99B | 8.36B | 5.50B | 6.56B | 3.37B | 1.50B | -2.01B | 5.11B | 5.08B | 4.20B | 4.95B | 5.77B | 4.06B | 10.51B | 5.27B | 7.04B | 4.50B | 5.73B | 2.54B | 2.69B | 1.23B | 1.03B | 835.48M | 468.66M |
| EBITDA Ratio | 19.20% | 24.55% | 31.55% | 19.09% | 13.88% | 14.21% | 11.72% | 10.96% | 10.94% | 12.00% | 12.74% | 11.83% | 14.42% | 18.58% | 16.02% | 25.07% | 18.71% | 25.92% | 21.66% | 26.38% | 15.85% | 27.85% | 25.39% | 20.25% | 19.72% | 19.58% |
| Operating Income | 9.02B | 17.37B | 22.06B | 5.86B | 3.18B | 4.05B | 1.10B | -1.64B | -3.22B | 2.90B | 2.75B | 2.35B | 2.88B | 3.64B | 955.84M | 8.01B | 4.51B | 4.47B | 3.86B | 4.32B | 2.01B | 2.06B | 910.34M | 754.65M | 637.28M | 354.12M |
| Operating Income Ratio | 13.09% | 21.07% | 28.16% | 13.38% | 8.03% | 8.77% | 2.98% | -4.35% | -7.38% | 6.81% | 6.91% | 6.18% | 8.13% | 11.61% | 3.60% | 19.10% | 16.02% | 17.70% | 18.58% | 23.42% | 15.39% | 17.79% | 16.89% | 14.46% | 19.25% | 15.55% |
| Total Other Income/Expenses | 323.61M | -1.51B | -1.79B | -2.02B | -1.51B | -2.29B | -2.08B | -3.93B | -7.90B | -1.16B | -1.15B | -788.74M | -528.34M | -685.31M | 184.57M | -2.11B | 450.97M | 566.16M | 254.66M | 249.18M | -494.77M | -1.21B | -394.79M | -298.02M | -246.74M | -56.79M |
| Income Before Tax | 9.35B | 15.86B | 20.27B | 3.50B | 1.67B | 2.16B | -43.28M | -2.58B | -6.09B | 1.34B | 1.45B | 1.56B | 2.35B | 2.96B | 1.03B | 5.89B | 4.77B | 5.04B | 4.11B | 4.57B | 1.52B | 843.84M | 515.55M | 456.63M | 390.54M | 297.34M |
| Income Before Tax Ratio | 13.56% | 19.24% | 25.88% | 7.98% | 4.22% | 4.67% | -0.12% | -6.86% | -13.98% | 3.14% | 3.64% | 4.11% | 6.64% | 9.43% | 3.89% | 14.06% | 16.94% | 19.94% | 19.81% | 24.77% | 11.60% | 7.30% | 9.57% | 8.75% | 11.80% | 13.06% |
| Income Tax Expense | 1.81B | 4.38B | 4.71B | 1.11B | 457.83M | -168.95M | 295.39M | 304.31M | -1.50B | -150.39M | -241.06M | 63.22M | 253.10M | 501.86M | -26.95M | 948.22M | 944.30M | 935.96M | 1.09B | 1.08B | -98.42M | 23.21M | 126.91M | 88.96M | 37.79M | 63.19M |
| Net Income | 7.50B | 11.43B | 15.49B | 2.37B | 1.22B | 2.33B | -338.67M | -2.89B | -4.60B | 1.40B | 1.58B | 1.43B | 2.01B | 2.14B | 1.12B | 3.94B | 2.88B | 3.23B | 2.61B | 3.08B | 1.47B | 820.63M | 388.64M | 367.67M | 352.75M | 234.15M |
| Net Income Ratio | 10.89% | 13.86% | 19.78% | 5.40% | 3.07% | 5.04% | -0.92% | -7.66% | -10.55% | 3.30% | 3.97% | 3.75% | 5.66% | 6.82% | 4.23% | 9.40% | 10.22% | 12.78% | 12.56% | 16.66% | 11.26% | 7.10% | 7.21% | 7.04% | 10.66% | 10.28% |
| EPS | 3.55 | 6.22 | 8.69 | 1.34 | 0.68 | 1.31 | -0.19 | -1.61 | -2.60 | 0.78 | 0.89 | 0.80 | 1.16 | 1.43 | 0.75 | 2.70 | 2.55 | 2.32 | 1.87 | 2.20 | 1.05 | 0.58 | 0.00 | 0.00 | 0.00 | 0.32 |
| EPS Diluted | 3.55 | 6.19 | 8.69 | 1.34 | 0.68 | 1.31 | -0.19 | -1.61 | -2.60 | 0.78 | 0.89 | 0.80 | 1.16 | 1.43 | 0.75 | 2.70 | 2.53 | 2.29 | 1.86 | 2.20 | 1.05 | 0.58 | 0.00 | 0.00 | 0.00 | 0.30 |
| Weighted Avg Shares Out | 2.11B | 1.84B | 1.79B | 1.79B | 1.78B | 1.78B | 1.79B | 1.79B | 1.77B | 1.79B | 1.79B | 1.79B | 1.72B | 1.50B | 1.49B | 1.46B | 1.39B | 1.39B | 1.39B | 1.39B | 1.40B | 1.40B | 1,394.25B | 1,170.78B | 69,580.39B | 1.39B |
| Weighted Avg Shares Out (Dil) | 2.11B | 1.85B | 1.79B | 1.79B | 1.78B | 1.78B | 1.79B | 1.79B | 1.77B | 1.79B | 1.79B | 1.79B | 1.73B | 1.50B | 1.49B | 1.46B | 1.40B | 1.41B | 1.40B | 1.40B | 1.40B | 1.40B | 1,394.25B | 1,170.78B | 69,580.39B | 1.39B |
Unusual Trading Volume in Gerdau: A Signal for Buyers?
When stocks move exponentially, there are typically two major forces at play behind the move. One of them is momentum, but that can only be made possible through enough volume pressure to get the stock to move in the first...
Gerdau S.A. (GGB) Q3 2024 Earnings Call Transcript
Gerdau S.A. (NYSE:GGB ) Q3 2024 Earnings Conference Call November 6, 2024 10:00 AM ET Company Participants Mariana Dutra - Head, IR Gustavo Werneck - CEO Rafael Japur - CFO Conference Call Participants Daniel Sasson - Itau BBA Leonardo Correa...
GERDAU S.A. - CONSOLIDATED INFORMATION
SÃO PAULO, Nov. 5, 2024 /PRNewswire/ -- 3Q24 Highlights Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of R$ 3.0 billion in the third quarter, 14.9% higher compared to 2Q24. Investments (CAPEX) totaled R$ 1.5 billion in 3Q24, of which R$...
Gerdau: Demand From The Automotive Industry And Undervalued
Gerdau S.A. is significantly undervalued, benefiting from the automotive industry growth, electric vehicle development, and electrical transmission renovation globally. The company has a strong financial position, with increasing tangible book value per share, positive net income, and long-term free cash...
Gerdau S.A. (GGB) Q2 2024 Earnings Call Transcript
Gerdau S.A. (NYSE:GGB ) Q2 2024 Earnings Conference Call August 1, 2024 11:00 AM ET Company Participants Mariana Velho Dutra - Head, IR Gustavo Werneck - CEO Rafael Japur - CFO Conference Call Participants Daniel Sasson - Itau BBA Marcio...
GERDAU S.A. - CONSOLIDATED INFORMATION
SÃO PAULO, July 31, 2024 /PRNewswire/ -- 2Q24 Highlights Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of R$ 2.6 billion in the second quarter, down 6.7% compared to 1Q24. Investments (CAPEX) totaled R$ 1.4 billion in 2Q24, of...
Are Investors Undervaluing Gerdau (GGB) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong...
3 Solid Steel Stocks to Bet on Despite the Slump in Prices
Declining prices, along with demand and economic headwinds paint a challenging picture for the steel industry. However, stocks like FSTR, CRS and GGB look promising in the current scenario.
Down -19.65% in 4 Weeks, Here's Why Gerdau (GGB) Looks Ripe for a Turnaround
Gerdau (GGB) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the...
Is Gerdau (GGB) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong...
Source: https://incomestatements.info
Category: Stock Reports