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| Date | Value |
|---|---|
| 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 |