Gerdau (GGB) Gross Margin (2009 - 2026)
Gerdau (GGB) reported Gross Margin of 13.72% for Q1 2026, up 252.0% on a YoY basis from 3.9% in Q1 2025, and up 82.15% quarter-over-quarter from 7.53% in Q4 2025.
Gerdau (GGB) Gross Margin (2009 - 2026) Analysis & Trends
Gerdau has reported Gross Margin for 18 years, with the latest figure at 13.72% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 252.0% year-over-year to 13.72%; the trailing twelve-month figure through Mar 2026 stood at 10.84% (down 73.0% YoY), and the FY2025 full-year result was 10.29%, down 201.0% from the prior year.
- Gross Margin for Q1 2026 stood at 13.72%, up from 7.53% 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.
- Historically, Gross Margin has averaged 14.8% across 5 years, with a median of 13.72% in 2026.
- Annual changes were most pronounced in 2022 — Gross Margin sank 1389 bps — and 2026, when it soared 252 bps.
- 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 declined by 8 bps to 7.53% in 2025, then soared by 82 bps to 13.72% in 2026.
- The last three Gross Margin figures came in at 13.72% (Q1 2026), 7.53% (Q4 2025), and 11.91% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | 17.46% |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 15.81% |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | - |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 14.66% |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 29.11% |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | -1.67% |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | -42.64% |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | 23.79% |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 9.89% |
| 10 | Gerdau | 21.17 Mn | -1.11 Bn | 435.85 Mn | 13.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.72% |
| Dec 31, 2025 | 7.53% |
| 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% |
| Jun 30, 2021 | 28.30% |