Gerdau S.A. (GGB) Earnings History
Annual and quarterly earnings data from 1998 to 2025
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GGB EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
GGB Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 11.4% | 8.4% | 2.0% |
| 2024 | 13.7% | 9.5% | 6.8% |
| 2023 | 16.4% | 13.1% | 10.9% |
| 2022 | 22.8% | 21.1% | 13.9% |
| 2021 | 26.6% | 28.2% | 19.8% |
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Gerdau S.A. (GGB) Earnings Overview
As of May 8, 2026, Gerdau S.A. (GGB) reported trailing twelve-month net income of $1.39B, reflecting -68.3% year-over-year growth. The company earned $0.70 per diluted share over the past four quarters, with a net profit margin of 2.0%.
Looking at the long-term picture, GGB's 5-year EPS compound annual growth rate (CAGR) stands at -12.4%, signaling declining earnings. The company achieved its highest annual net income of $15.49B in fiscal 2021.
Gerdau S.A. maintains positive profitability with a gross margin of 11.4%, operating margin of 8.4%, and net margin of 2.0%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including NUE ($2.33B net income, 5.4% margin), STLD ($1.37B net income, 6.5% margin), CLF (-$1.48B net income, -7.9% margin), GGB has room to improve margins relative to the peer group. Compare GGB vs NUE →
GGB Earnings vs Peers
Earnings metrics vs comparable public companies
GGB Historical Earnings Data (1998–2025)
28 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.39B | -69.6% | $5.84B | $0.69 | 2.0% | 8.4% |
| 2024 | $4.57B | -39.1% | $6.34B | $2.18 | 6.8% | 9.5% |
| 2023 | $7.50B | -34.3% | $9.02B | $3.55 | 10.9% | 13.1% |
| 2022 | $11.43B | -26.3% | $17.37B | $6.19 | 13.9% | 21.1% |
| 2021 | $15.49B | +554.9% | $22.06B | $8.69 | 19.8% | 28.2% |
| 2020 | $2.37B | +94.4% | $5.86B | $1.34 | 5.4% | 13.4% |
| 2019 | $1.22B | -47.7% | $3.18B | $0.68 | 3.1% | 8.0% |
| 2018 | $2.33B | +786.9% | $4.05B | $1.31 | 5.0% | 8.8% |
| 2017 | -$339M | +88.3% | $1.10B | $-0.19 | -0.9% | 3.0% |
| 2016 | -$2.89B | +37.2% | -$1.64B | $-1.61 | -7.7% | -4.3% |
Full GGB Stock Analysis
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Start ComparisonGGB — Frequently Asked Questions
Quick answers to the most common questions about buying GGB stock.
Is GGB growing earnings?
GGB EPS fell to $0.70, with earnings declining -68.3%. This contrasts with the 5-year CAGR of -12.4%. TTM net income dropped to $1.4B.
What are GGB's profit margins?
Gerdau S.A. net margin is +2.0%, with operating margin at +8.4%. Below-average margins reflect competitive or cost pressures.
How consistent are GGB's earnings?
GGB earnings data spans 1998-2025. The declining earnings trend is -68.3% YoY. Historical data enables comparison across business cycles.