Gerdau (GGB) Gross Margin (2009 - 2026)
Gerdau (GGB) posted quarterly Gross Margin of 13.72% for Q1 2026, up 252.0% year-over-year from 3.9% in Q1 2025, and up 26.03% quarter-over-quarter from 10.89% in Q4 2025.
Gerdau (GGB) Gross Margin (2009 - 2026) Analysis & Trends
Gerdau's Gross Margin history runs 18 years deep, the most recent figure standing at 13.72% for Q1 2026.
- In Q1 2026, Gross Margin rose 252.0% year-over-year to 13.72%; the TTM figure through Mar 2026 stood at 12.03% (up 46.0% YoY), while the FY2025 annual figure was 11.41%, down 90.0% from the prior year.
- Gross Margin for Q1 2026 stood at 13.72%, up from 10.89% in the prior quarter.
- The five-year high for Gross Margin was 25.7% in Q2 2022, with the low at 7.21% in Q4 2023.
- The 5-year median for Gross Margin is 13.72% (2026), against an average of 15.0%.
- The sharpest annual moves came in 2022 and 2025: Gross Margin plunged 1389 bps in 2022, then surged 268 bps in 2025.
- Gerdau's Gross Margin stood at 10.17% in 2022, then decreased by 29 bps to 7.21% in 2023, then rose by 14 bps to 8.21% in 2024, then jumped by 33 bps to 10.89% in 2025, then climbed by 26 bps to 13.72% in 2026.
- Business Quant data shows GGB's Gross Margin at 13.72% in Q1 2026, 10.89% in Q4 2025, and 11.91% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 106.22 Bn | 96.33 Bn | 941.02 Mn | 21.68% |
| 2 | Nucor | 55.03 Bn | 52.34 Bn | 2.03 Bn | 19.56% |
| 3 | ArcelorMittal | 54.04 Bn | 49.19 Bn | - | - |
| 4 | Steel Dynamics | 31.61 Bn | 31.03 Bn | 958.97 Mn | 15.74% |
| 5 | Reliance | 19.53 Bn | 19.29 Bn | 1.30 Bn | 28.09% |
| 6 | Cleveland-Cliffs | 6.15 Bn | 6.08 Bn | 132.00 Mn | 2.53% |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | 15.83% |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.56 Bn | 3.00 Bn | - | - |
| 9 | Posco Holdings | 4.34 Bn | 1.84 Bn | 1.04 Bn | 16.96% |
| 10 | Worthington Steel | 1.70 Bn | 1.61 Bn | 118.80 Mn | 12.79% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 15.83% |
| Mar 31, 2026 | 13.72% |
| Dec 31, 2025 | 10.89% |
| Sep 30, 2025 | 11.91% |
| Jun 30, 2025 | 11.59% |
| Mar 31, 2025 | 11.20% |
| Dec 31, 2024 | 8.21% |
| Sep 30, 2024 | 14.83% |
| Jun 30, 2024 | 13.16% |
| Mar 31, 2024 | 14.93% |
| Dec 31, 2023 | 7.21% |
| Sep 30, 2023 | 16.37% |
| Jun 30, 2023 | 17.95% |
| Mar 31, 2023 | 19.23% |
| Dec 31, 2022 | 10.17% |
| Sep 30, 2022 | 22.40% |
| Jun 30, 2022 | 25.70% |
| Mar 31, 2022 | 25.48% |
| Dec 31, 2021 | 24.06% |
| Sep 30, 2021 | 30.11% |