Gerdau (GGB) Interest Expenses (2009 - 2026)

Gerdau (GGB) reported Interest Expenses of -$84.1 million for Q1 2026, down 12.9% on a YoY basis from -$96.6 million in Q1 2025, and down 116.77% quarter-over-quarter from $501.6 million in Q4 2025.

Gerdau (GGB) Interest Expenses (2009 - 2026) Analysis & Trends

Gerdau has reported Interest Expenses for 18 years, with the latest figure at -$84.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Interest Expenses fell 12.9% year-over-year to -$84.1 million; the trailing twelve-month figure through Mar 2026 stood at $238.3 million (up 2.04% YoY), and the FY2025 full-year result was $236.4 million, down 8.92% from the prior year.
  • Interest Expenses for Q1 2026 stood at -$84.1 million, down from $501.6 million in the prior quarter.
  • The five-year high for Interest Expenses was $501.6 million in Q4 2025, with the low at -$98.4 million in Q3 2025.
  • Historically, Interest Expenses has averaged $44.1 million across 5 years, with a median of -$71.5 million in 2024.
  • Annual changes were most pronounced in 2022 — Interest Expenses surged 644.55% — and 2025, when it sank 51.83%.
  • Gerdau's Interest Expenses stood at $411.5 million in 2022, then slipped by 7.58% to $380.3 million in 2023, then increased by 16.86% to $444.4 million in 2024, then grew by 12.86% to $501.6 million in 2025, then plunged by 116.77% to -$84.1 million in 2026.
  • The last three Interest Expenses figures came in at -$84.1 million (Q1 2026), $501.6 million (Q4 2025), and -$98.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn -50.19 Mn
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn 39.00 Mn
3 ArcelorMittal 51.15 Bn 48.81 Bn - -
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn 33.24 Mn
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn 15.40 Mn
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 -293.18 Mn
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn 2.10 Mn
10 Gerdau 21.17 Mn -1.11 Bn 435.85 Mn -84.13 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -84.13 Mn
Mar 31, 2026 -84.13 Mn
Dec 31, 2025 501.56 Mn
Dec 31, 2025 501.56 Mn
Sep 30, 2025 -98.43 Mn
Sep 30, 2025 -98.43 Mn
Jun 30, 2025 -80.66 Mn
Jun 30, 2025 -80.66 Mn
Mar 31, 2025 -74.52 Mn
Mar 31, 2025 -74.52 Mn
Dec 31, 2024 444.42 Mn
Dec 31, 2024 444.42 Mn
Sep 30, 2024 -64.83 Mn
Sep 30, 2024 -64.83 Mn
Jun 30, 2024 -71.49 Mn
Jun 30, 2024 -71.49 Mn
Mar 31, 2024 -69.40 Mn
Mar 31, 2024 -69.40 Mn
Dec 31, 2023 380.30 Mn
Dec 31, 2023 380.30 Mn