Gerdau (GGB) Net Margin (2009 - 2026)
Gerdau's (GGB) quarterly Net Margin came in at 8.14% in Q2 2026, up 325.0% on a YoY basis from 1.91% in Q2 2025, and up 35.71% quarter-over-quarter from 5.99% in Q1 2026.
Analysis
Gerdau (GGB) Net Margin (2009 - 2026) Analysis & Trends
Gerdau (GGB) has reported Net Margin for 18 consecutive years, with 8.14% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 325.0% year-over-year to 8.14%; the trailing twelve-month figure through Jun 2026 stood at 3.31% (down 146.0% YoY), and the FY2025 full-year result was 1.99%, down 483.0% from the prior year.
- Net Margin rose to 8.14% in Q2 2026 per GGB's latest filing, from 5.99% in the prior quarter.
- Across five years, Net Margin topped out at 18.71% in Q2 2022 and bottomed at 7.65% in Q4 2025.
- Historically, Net Margin has averaged 6.89% across 5 years, with a median of 6.36% in 2025.
- The sharpest annual moves came in 2023 and 2025: Net Margin jumped 1608 bps in 2023, then tumbled 953 bps in 2025.
- Over 5 years, Net Margin stood at 6.72% in 2022, then sank by 42 bps to 3.93% in 2023, then tumbled by 52 bps to 1.88% in 2024, then slumped by 507 bps to 7.65% in 2025, then jumped by 206 bps to 8.14% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 8.14%, 5.99%, and 7.65% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 116.34 Bn | 110.88 Bn | 941.02 Mn | 7.92% |
| 2 | Nucor | 59.22 Bn | 57.68 Bn | 2.03 Bn | 12.31% |
| 3 | Steel Dynamics | 34.76 Bn | 33.98 Bn | 958.97 Mn | 8.71% |
| 4 | Gerdau | 9.98 Bn | 8.94 Bn | 558.98 Mn | 8.14% |
| 5 | Commercial Metals | 7.78 Bn | 7.22 Bn | 455.14 Mn | 6.97% |
| 6 | Cleveland-Cliffs | 7.13 Bn | 7.27 Bn | 132.00 Mn | -2.77% |
| 7 | Posco Holdings | 4.74 Bn | -4.93 Bn | 1.11 Bn | 3.95% |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.41 Bn | 2.86 Bn | - | - |
| 9 | National Steel | 1.62 Bn | -1.21 Bn | 579.08 Mn | -5.99% |
| 10 | SunCoke Energy | 876.76 Mn | 861.96 Mn | 100.40 Mn | 3.28% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.14% |
| Mar 31, 2026 | 5.99% |
| Dec 31, 2025 | -7.65% |
| Sep 30, 2025 | 6.00% |
| Jun 30, 2025 | 4.89% |
| Mar 31, 2025 | 4.31% |
| Dec 31, 2024 | 1.88% |
| Sep 30, 2024 | 7.75% |
| Jun 30, 2024 | 5.17% |
| Mar 31, 2024 | 12.61% |
| Dec 31, 2023 | 3.93% |
| Sep 30, 2023 | 9.27% |
| Jun 30, 2023 | 11.69% |
| Mar 31, 2023 | 16.99% |
| Dec 31, 2022 | 6.72% |
| Sep 30, 2022 | -6.81% |
| Jun 30, 2022 | 18.71% |
| Mar 31, 2022 | 14.46% |
| Dec 31, 2021 | 16.14% |
| Sep 30, 2021 | -13.27% |