Gerdau (GGB) Change in Inventory (2009 - 2026)
Gerdau's (GGB) quarterly Change in Inventory came in at -$196.7 million in Q2 2026, down 753.71% on a YoY basis from $30.1 million in Q2 2025, and down 18.31% quarter-over-quarter from -$166.3 million in Q1 2026.
Analysis
Gerdau (GGB) Change in Inventory (2009 - 2026) Analysis & Trends
Gerdau (GGB) has reported Change in Inventory for 18 consecutive years, with -$196.7 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Change in Inventory fell 753.71% year-over-year to -$196.7 million; the trailing twelve-month figure through Jun 2026 stood at -$124.5 million (down 239.75% YoY), and the FY2025 full-year result was $171.4 million, up 83.65% from the prior year.
- Change in Inventory fell to -$196.7 million in Q2 2026 per GGB's latest filing, from -$166.3 million in the prior quarter.
- Across five years, Change in Inventory topped out at $237.5 million in Q3 2023 and bottomed at -$301.7 million in Q2 2022.
- Historically, Change in Inventory has averaged -$13.3 million across 5 years, with a median of $29.9 million in 2023.
- The sharpest annual moves came in 2023 and 2026: Change in Inventory surged 440.38% in 2023, then slumped 753.71% in 2026.
- Over 5 years, Change in Inventory stood at $116.9 million in 2022, then sank by 74.61% to $29.7 million in 2023, then surged by 93.86% to $57.5 million in 2024, then jumped by 156.13% to $147.4 million in 2025, then tumbled by 233.45% to -$196.7 million in 2026.
- According to Business Quant data, Change in Inventory over the past three periods registered -$196.7 million, -$166.3 million, and $147.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 112.84 Bn | 102.94 Bn | 941.02 Mn | - |
| 2 | Nucor | 58.24 Bn | 55.55 Bn | 2.03 Bn | 377.00 Mn |
| 3 | Steel Dynamics | 34.14 Bn | 33.55 Bn | 958.97 Mn | 48.84 Mn |
| 4 | Gerdau | 10.23 Bn | 9.16 Bn | 558.98 Mn | -196.69 Mn |
| 5 | Commercial Metals | 7.39 Bn | 6.83 Bn | 455.14 Mn | - |
| 6 | Cleveland-Cliffs | 6.75 Bn | 6.68 Bn | 132.00 Mn | -55.00 Mn |
| 7 | Posco Holdings | 4.67 Bn | -5.01 Bn | 1.11 Bn | - |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.41 Bn | 2.86 Bn | - | - |
| 9 | National Steel | 1.82 Bn | -1.00 Bn | 579.08 Mn | - |
| 10 | SunCoke Energy | 866.00 Mn | 823.30 Mn | 100.40 Mn | 1.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -196.69 Mn |
| Mar 31, 2026 | -166.25 Mn |
| Dec 31, 2025 | 147.39 Mn |
| Sep 30, 2025 | 91.04 Mn |
| Jun 30, 2025 | 30.09 Mn |
| Mar 31, 2025 | -86.02 Mn |
| Dec 31, 2024 | 57.54 Mn |
| Sep 30, 2024 | 87.49 Mn |
| Jun 30, 2024 | 65.79 Mn |
| Mar 31, 2024 | -125.20 Mn |
| Dec 31, 2023 | 29.68 Mn |
| Sep 30, 2023 | 237.47 Mn |
| Jun 30, 2023 | -63.16 Mn |
| Mar 31, 2023 | 60.17 Mn |
| Dec 31, 2022 | 116.91 Mn |
| Sep 30, 2022 | -69.76 Mn |
| Jun 30, 2022 | -301.68 Mn |
| Mar 31, 2022 | -155.08 Mn |
| Dec 31, 2021 | -230.80 Mn |
| Sep 30, 2021 | -265.14 Mn |