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
DateValue
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%