Gerdau (GGB) Interest Coverage Ratio (2009 - 2026)
Gerdau (GGB) reported Interest Coverage Ratio of 5.94 for Q1 2026, down 12.99% on a YoY basis from 6.83 in Q1 2025, and down 1145.77% quarter-over-quarter from 0.48 in Q4 2025.
Gerdau (GGB) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Gerdau has reported Interest Coverage Ratio for 18 years, with the latest figure at 5.94 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio fell 12.99% year-over-year to 5.94; the trailing twelve-month figure through Mar 2026 stood at 4.75 (down 17.06% YoY), and the FY2025 full-year result was 2.93, down 40.9% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 5.94, down from 0.48 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 0.14 in Q4 2022, with the low at 15.24 in Q1 2022.
- Historically, Interest Coverage Ratio has averaged 7.01 across 5 years, with a median of 6.81 in 2024.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio surged 98.98% — and 2023, when it plunged 555.91%.
- Gerdau's Interest Coverage Ratio stood at 0.14 in 2022, then sank by 555.91% to 0.89 in 2023, then jumped by 82.62% to 0.16 in 2024, then tumbled by 207.13% to 0.48 in 2025, then slumped by 1145.77% to 5.94 in 2026.
- The last three Interest Coverage Ratio figures came in at 5.94 (Q1 2026), 0.48 (Q4 2025), and 4.58 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | -5.78 |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 28.79 |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | - |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 16.18 |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 23.89 |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | - |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | - |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | -3.08 |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 1.48 |
| 10 | Gerdau | 21.17 Mn | -1.11 Bn | 435.85 Mn | -5.94 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -5.94 |
| Dec 31, 2025 | -0.48 |
| Sep 30, 2025 | -4.58 |
| Jun 30, 2025 | -5.22 |
| Mar 31, 2025 | -5.26 |
| Dec 31, 2024 | -0.16 |
| Sep 30, 2024 | -8.15 |
| Jun 30, 2024 | -6.81 |
| Mar 31, 2024 | -7.98 |
| Dec 31, 2023 | -0.89 |
| Sep 30, 2023 | -8.67 |
| Jun 30, 2023 | -10.30 |
| Mar 31, 2023 | -12.33 |
| Dec 31, 2022 | -0.14 |
| Sep 30, 2022 | -13.18 |
| Jun 30, 2022 | -13.84 |
| Mar 31, 2022 | -15.24 |
| Dec 31, 2021 | -13.32 |
| Sep 30, 2021 | -19.09 |
| Jun 30, 2021 | -16.64 |