Gerdau (GGB) Dividend Coverage Ratio (2017 - 2025)
Gerdau's (GGB) Dividend Coverage Ratio stood at -5.16 in the quarter ended Dec 31, 2025, compared with 1.65 a year earlier.
Analysis
Gerdau (GGB) Dividend Coverage Ratio (2017 - 2025) Analysis & Trends
For the year ended Dec 31, 2025, Gerdau's Dividend Coverage Ratio came in at 1.10, down 60.3% from the prior year.
- Across earlier years, Dividend Coverage Ratio came in at 2.78 in the year ended Dec 31, 2024 (-1.2%), 2.81 in the year ended Dec 31, 2023 (+44.2%), 1.95 in the year ended Dec 31, 2022 (-25.0%) and 2.60 in the year ended Dec 31, 2021 (-70.3%).
- The figure for the quarter ended Dec 31, 2025 is the lowest quarterly Dividend Coverage Ratio in data going back to the quarter ended Jun 30, 2017.
- On a year-over-year basis, Dividend Coverage Ratio rose in three of the last five quarters, with growth averaging 3.8%.
- Peak year-over-year performance for Dividend Coverage Ratio in the last five years was growth of 84.4% in the quarter ended Sep 30, 2023, against a decline of 35.4% in the quarter ended Jun 30, 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 1.97 (quarter ended Sep 30, 2025), 3.61 (quarter ended Jun 30, 2025) and 3.14 (quarter ended Mar 31, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 2.02 |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 7.95 |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | - |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 4.56 |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 6.57 |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 8.96 |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | - |
| 10 | Gerdau | 9.44 Bn | 4.34 Bn | 558.98 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -5.16 |
| Sep 30, 2025 | 1.97 |
| Jun 30, 2025 | 3.61 |
| Mar 31, 2025 | 3.14 |
| Dec 31, 2024 | 1.65 |
| Sep 30, 2024 | 2.19 |
| Jun 30, 2024 | 3.43 |
| Mar 31, 2024 | 3.49 |
| Sep 30, 2023 | 1.94 |
| Jun 30, 2023 | 2.85 |
| Sep 30, 2022 | 1.05 |
| Jun 30, 2022 | 2.36 |
| Dec 31, 2021 | 2.65 |
| Sep 30, 2021 | -1.17 |
| Jun 30, 2021 | 3.66 |
| Mar 31, 2021 | 3.62 |
| Sep 30, 2020 | 3.89 |
| Dec 31, 2019 | 0.34 |
| Sep 30, 2019 | 4.26 |
| Jun 30, 2019 | 3.14 |
API Access
Gerdau Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=GGB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "GGB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=GGB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();