Gerdau (GGB) Interest Coverage Ratio (2009 - 2026)
Gerdau's (GGB) quarterly Interest Coverage Ratio came in at 6.97 in Q2 2026, down 33.69% on a YoY basis from 10.52 in Q2 2025, and down 17.41% quarter-over-quarter from 5.94 in Q1 2026.
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Gerdau (GGB) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Gerdau (GGB) has reported Interest Coverage Ratio for 18 consecutive years, with 6.97 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio fell 33.69% year-over-year to 6.97; the trailing twelve-month figure through Jun 2026 stood at 5.05 (up 16.41% YoY), and the FY2025 full-year result was 1.8, up 63.67% from the prior year.
- Interest Coverage Ratio retreated to 6.97 in Q2 2026 per GGB's latest filing, from 5.94 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 3.26 in Q1 2025 and bottomed at 41.99 in Q1 2023.
- Historically, Interest Coverage Ratio has averaged 13.28 across 5 years, with a median of 6.74 in 2023.
- The sharpest annual moves came in 2022 and 2024: Interest Coverage Ratio jumped 98.57% in 2022, then slumped 387.04% in 2024.
- Over 5 years, Interest Coverage Ratio stood at 15.73 in 2022, then gained by 27.97% to 11.33 in 2023, then jumped by 51.05% to 5.55 in 2024, then jumped by 39.24% to 3.37 in 2025, then slumped by 106.92% to 6.97 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 6.97, 5.94, and 3.37 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 112.84 Bn | 102.94 Bn | 941.02 Mn | 10.48 |
| 2 | Nucor | 58.24 Bn | 55.55 Bn | 2.03 Bn | 45.25 |
| 3 | Steel Dynamics | 34.14 Bn | 33.55 Bn | 958.97 Mn | 17.91 |
| 4 | Gerdau | 10.23 Bn | 9.16 Bn | 558.98 Mn | 6.97 |
| 5 | Commercial Metals | 7.39 Bn | 6.83 Bn | 455.14 Mn | -45.75 |
| 6 | Cleveland-Cliffs | 6.75 Bn | 6.68 Bn | 132.00 Mn | - |
| 7 | Posco Holdings | 4.67 Bn | -5.01 Bn | 1.11 Bn | 0.79 |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.41 Bn | 2.86 Bn | - | - |
| 9 | National Steel | 1.82 Bn | -1.00 Bn | 579.08 Mn | 0.27 |
| 10 | SunCoke Energy | 866.00 Mn | 823.30 Mn | 100.40 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -6.97 |
| Mar 31, 2026 | -5.94 |
| Dec 31, 2025 | -3.37 |
| Sep 30, 2025 | -4.58 |
| Jun 30, 2025 | -5.22 |
| Mar 31, 2025 | -3.26 |
| Dec 31, 2024 | -5.55 |
| Sep 30, 2024 | -31.65 |
| Jun 30, 2024 | -4.73 |
| Mar 31, 2024 | -5.86 |
| Dec 31, 2023 | -11.33 |
| Sep 30, 2023 | -6.50 |
| Jun 30, 2023 | -8.19 |
| Mar 31, 2023 | -41.99 |
| Dec 31, 2022 | -15.73 |
| Sep 30, 2022 | -25.84 |
| Jun 30, 2022 | -17.64 |
| Mar 31, 2022 | -34.71 |
| Dec 31, 2021 | -21.22 |
| Sep 30, 2021 | -124.36 |