Gerdau S.A. (GGB) Financials

NYSE:GGB

Market Cap

8.80B

Total Revenue

82.41B

Gross Profit

18.75B

Operating Income

17.37B

Net Income

11.43B

Metric	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
revenue	39,863,037,000	42,546,339,000	43,581,241,000	37,651,667,000	36,917,619,000	46,159,478,000	39,644,010,000	43,814,661,000	78,345,081,000	82,412,210,000
costOfRevenue	34,728,460,000	37,406,328,000	39,290,526,000	34,187,941,000	33,312,995,000	40,010,100,000	35,440,726,000	37,884,102,000	57,527,721,000	63,661,156,000
grossProfit	5,134,577,000	5,140,011,000	4,290,715,000	3,463,726,000	3,604,624,000	6,149,378,000	4,203,284,000	5,930,559,000	20,817,360,000	18,751,054,000
researchAndDevelopmentExpenses	--	--	--	--	--	--	--	--	--	--
sellingAndMarketingExpenses	658,862,000	691,021,000	785,002,000	710,766,000	524,965,000	570,431,000	476,339,000	512,950,000	715,830,000	733,026,000
generalAndAdministrativeExpenses	1,953,014,000	2,036,926,000	1,797,483,000	1,528,262,000	1,129,943,000	1,082,449,000	954,117,000	1,017,435,000	1,390,121,000	1,454,592,000
sellingGeneralAndAdministrativeExpenses	2,611,876,000	2,727,947,000	2,582,485,000	2,239,028,000	1,654,908,000	1,652,880,000	1,430,456,000	1,530,385,000	2,105,951,000	2,187,618,000
operatingExpenses	2,434,155,000	2,640,054,000	2,485,485,000	2,111,181,000	1,563,177,000	1,697,786,000	981,256,000	412,686,000	797,479,000	2,151,347,000
operatingIncome	2,754,423,000	2,898,986,000	-3,215,512,000	-1,636,360,000	1,100,072,000	4,047,226,000	3,183,934,000	5,864,534,000	22,060,430,000	17,366,900,000
totalOtherIncomeExpensesNet	-487,301,000	-40,847,000	-6,497,434,000	-2,176,289,000	-585,247,000	-918,820,000	-1,509,214,000	-2,368,856,000	-1,787,862,000	-1,507,873,000
ebitda	5,076,840,000	5,105,477,000	4,766,799,000	4,127,863,000	4,326,209,000	6,557,547,000	5,502,486,000	8,363,638,000	24,718,991,000	20,233,599,000
depreciationAndAmortization	2,029,507,000	2,227,396,000	2,607,909,000	2,535,955,000	2,092,551,000	1,891,814,000	2,318,552,000	2,499,104,000	2,658,561,000	2,866,699,000
interestIncome	292,910,000	276,249,000	378,402,000	252,045,000	226,615,000	204,000,000	223,213,000	194,092,000	249,024,000	213,917,000
interestExpense	1,053,385,000	1,397,375,000	1,780,366,000	2,010,005,000	1,726,284,000	1,579,341,000	1,469,754,000	1,448,461,000	1,433,087,000	964,607,000
incomeBeforeTax	1,452,646,000	1,337,984,000	-6,094,408,000	-2,581,615,000	-43,276,000	2,157,431,000	1,674,720,000	3,495,678,000	20,272,568,000	15,859,027,000
incomeTaxExpense	-241,056,000	-150,389,000	-1,498,422,000	304,314,000	295,391,000	-168,951,000	457,833,000	1,107,624,000	4,713,630,000	4,379,475,000
netIncome	1,583,731,000	1,402,873,000	-4,595,986,000	-2,885,929,000	-338,667,000	2,326,382,000	1,216,887,000	2,388,054,000	15,558,938,000	11,425,512,000
eps	0.89	0.78	-2.6	-1.61	-0.19	1.31	0.68	1.34	8.69	6.22
epsdiluted	0.89	0.78	-2.6	-1.61	-0.19	1.31	0.68	1.34	8.69	6.19
weightedAverageShsOut	1,789,426,114	1,789,770,682	1,771,008,207	1,794,395,940	1,794,719,985	1,780,971,885	1,783,887,810	1,786,219,503	1,791,034,188	1,836,898,605
weightedAverageShsOutDil	1,789,426,114	1,789,770,682	1,771,008,207	1,794,395,940	1,794,719,985	1,780,971,885	1,783,887,810	1,786,219,503	1,791,034,188	1,846,738,704
costAndExpenses	37,162,615,000	40,046,382,000	41,776,011,000	36,299,122,000	34,876,172,000	41,707,886,000	36,421,982,000	38,296,788,000	58,325,200,000	65,812,503,000
otherExpenses	-177,721,000	-87,893,000	-97,000,000	-127,847,000	-91,731,000	34,992,000	-449,200,000	-1,117,699,000	-1,308,472,000	-36,271,000

Key Facts

Industry

Steel

Sector

Basic Materials

Headquarters

São Paulo, SP, BR

Website

www2.gerdau.com

CEO

Mr. Gustavo Werneck Da Cunha

Employees

30000

About the Company

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.