Gerdau (GGB) Change in Inventory (2009 - 2026)

Gerdau (GGB) reported Change in Inventory of -$166.3 million for Q1 2026, down 93.27% on a YoY basis from -$2.5 billion in Q1 2025, and down 212.8% quarter-over-quarter from $147.4 million in Q4 2025.

Gerdau (GGB) Change in Inventory (2009 - 2026) Analysis & Trends

Gerdau has reported Change in Inventory for 18 years, with the latest figure at -$166.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Inventory fell 93.27% year-over-year to -$166.3 million; the trailing twelve-month figure through Mar 2026 stood at $102.3 million (down 18.06% YoY), and the FY2025 full-year result was $177.5 million, up 90.14% from the prior year.
  • Change in Inventory for Q1 2026 stood at -$166.3 million, down from $147.4 million in the prior quarter.
  • The five-year high for Change in Inventory was $237.5 million in Q3 2023, with the low at -$301.7 million in Q2 2022.
  • Historically, Change in Inventory has averaged -$2.6 million across 5 years, with a median of $30.1 million in 2025.
  • Annual changes were most pronounced in 2023 — Change in Inventory jumped 440.38% — and 2024, when it tumbled 308.08%.
  • Gerdau's Change in Inventory stood at $116.9 million in 2022, then tumbled by 74.61% to $29.7 million in 2023, then soared by 93.86% to $57.5 million in 2024, then surged by 156.13% to $147.4 million in 2025, then slumped by 212.8% to -$166.3 million in 2026.
  • The last three Change in Inventory figures came in at -$166.3 million (Q1 2026), $147.4 million (Q4 2025), and $91.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn -
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn 183.00 Mn
3 ArcelorMittal 51.15 Bn 48.81 Bn - 18.71 Bn
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn 174.43 Mn
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn 47.70 Mn
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn -174.00 Mn
7 Algoma Steel 2.77 Bn 2.77 Bn -92.32 -
8 National Steel 2.24 Bn -552.84 Mn 479.33 Mn -
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn 21.10 Mn
10 Gerdau 21.17 Mn -1.11 Bn 435.85 Mn -166.25 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -166.25 Mn
Mar 31, 2026 -166.25 Mn
Dec 31, 2025 147.39 Mn
Dec 31, 2025 147.39 Mn
Sep 30, 2025 91.04 Mn
Sep 30, 2025 91.04 Mn
Jun 30, 2025 30.09 Mn
Jun 30, 2025 30.09 Mn
Mar 31, 2025 -86.02 Mn
Mar 31, 2025 -86.02 Mn
Dec 31, 2024 57.54 Mn
Dec 31, 2024 57.54 Mn
Sep 30, 2024 87.49 Mn
Sep 30, 2024 87.49 Mn
Jun 30, 2024 65.79 Mn
Jun 30, 2024 65.79 Mn
Mar 31, 2024 -125.20 Mn
Mar 31, 2024 -125.20 Mn
Dec 31, 2023 29.68 Mn
Dec 31, 2023 29.68 Mn