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| Date | Value |
|---|---|
| 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 |