Gerdau (GGB) Change in Taxes (2009 - 2026)
Gerdau (GGB) reported Change in Taxes of $95.0 million for Q1 2026, up 73.88% on a YoY basis from $54.6 million in Q1 2025, and up 233.5% quarter-over-quarter from $28.5 million in Q4 2025.
Gerdau (GGB) Change in Taxes (2009 - 2026) Analysis & Trends
Gerdau has reported Change in Taxes for 18 years, with the latest figure at $95.0 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Taxes rose 73.88% year-over-year to $95.0 million; the trailing twelve-month figure through Mar 2026 stood at $237.6 million (up 38.32% YoY), and the FY2025 full-year result was $205.1 million, up 37.88% from the prior year.
- Change in Taxes for Q1 2026 stood at $95.0 million, up from $28.5 million in the prior quarter.
- The five-year high for Change in Taxes was $300.4 million in Q1 2022, with the low at $7.4 million in Q4 2024.
- Historically, Change in Taxes has averaged $97.8 million across 5 years, with a median of $64.4 million in 2023.
- Annual changes were most pronounced in 2023 — Change in Taxes tumbled 79.41% — and 2025, when it surged 287.58%.
- Gerdau's Change in Taxes stood at $146.1 million in 2022, then plunged by 79.41% to $30.1 million in 2023, then slumped by 75.56% to $7.4 million in 2024, then surged by 287.58% to $28.5 million in 2025, then jumped by 233.5% to $95.0 million in 2026.
- The last three Change in Taxes figures came in at $95.0 million (Q1 2026), $28.5 million (Q4 2025), and $63.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | -129.68 Mn |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 78.00 Mn |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | - |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 74.43 Mn |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | - |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | 4.00 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 | - |
| 10 | Gerdau | 21.17 Mn | -1.11 Bn | 435.85 Mn | 95.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 95.02 Mn |
| Mar 31, 2026 | 95.02 Mn |
| Dec 31, 2025 | 28.49 Mn |
| Dec 31, 2025 | 28.49 Mn |
| Sep 30, 2025 | 63.52 Mn |
| Sep 30, 2025 | 63.52 Mn |
| Jun 30, 2025 | 50.54 Mn |
| Jun 30, 2025 | 50.54 Mn |
| Mar 31, 2025 | 54.65 Mn |
| Mar 31, 2025 | 54.65 Mn |
| Dec 31, 2024 | 7.35 Mn |
| Dec 31, 2024 | 7.35 Mn |
| Sep 30, 2024 | 79.79 Mn |
| Sep 30, 2024 | 79.79 Mn |
| Jun 30, 2024 | 29.97 Mn |
| Jun 30, 2024 | 29.97 Mn |
| Mar 31, 2024 | 45.24 Mn |
| Mar 31, 2024 | 45.24 Mn |
| Dec 31, 2023 | 30.08 Mn |
| Dec 31, 2023 | 30.08 Mn |