See more : 2cureX AB (publ) (2CUREX.ST) 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
- Aquis Communications Group, Inc. (AQIS) Income Statement Analysis – Financial Results
- Bite Acquisition Corp. (BITE-UN) Income Statement Analysis – Financial Results
- América Móvil, S.A.B. de C.V. (AMXB.MX) Income Statement Analysis – Financial Results
- Taisei Lamick Co., Ltd. (4994.T) Income Statement Analysis – Financial Results
- Zegona Communications plc (ZEG.L) 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 |
Is Gerdau (GGB) a Great Value Stock 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...
Gerdau (GGB) Is Attractively Priced Despite Fast-paced Momentum
Gerdau (GGB) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum...
Buy Up To 44 December New Divvy Nifty 50 Dogs Now
Last week, on a whim, I queried YCharts for dividend stocks yielding greater than 4% annually, and pegged “attractive” in their Y-Ratings (ranging from “not-rated” to “avoid”, “neutral”, or “attractive”). My query resulted in this list of New Divvy Nifty...
Gerdau Could Thrive Amidst Weakening Demand For Steel
Gerdau is one of the world's largest steelmakers. The company has shown it can grow profitability over the last decade.
4 Solid Dividend-Paying Steel Stocks to Shield Your Portfolio
Against the current challenging backdrop, it would be prudent to invest in some top-notch dividend-paying steel stocks. TX, GGB, APEMY and ANIOY are worth adding to your portfolio.
7 Little-Known Penny Stocks With Massive Upside Potential
Investing in little-known penny stocks can facilitate stock ownership in relatively unknown industries. Though they tend to be wildly risky, these inexpensive stocks tend to offer the potential for outsized gains down the road.
7 Penny Stocks to Buy Before the Bull Market Returns
Amid macro-level uncertainties, figuring out which penny stocks to buy before the bull market returns is probably the last thing on your mind. With stocks taking another dive after the latest inflation numbers, it may seem as if they have...
Gerdau: Still Some Questions, But Now A 'Buy'
In this article, it's time to update my thesis on the company Gerdau S.A., a steel company that I've written about twice in the past. Gerdau has always been a bit high risk - even in the steel sector, where...
Gerdau SA (GGB) CEO Gustavo Werneck on Q2 2022 Results - Earnings Call Transcript
Gerdau SA (NYSE:GGB ) Q2 2022 Earnings Conference Call August 3, 2022 1:00 PM ET Company Participants Renata Battiferro - IR Gustavo Werneck - CEO & Director Rafael Japur - EVP, CFO & IR Officer Conference Call Participants Rafael Barcellos...
Source: https://incomestatements.info
Category: Stock Reports