Gerdau (GGB) Net Margin (2009 - 2026)
Gerdau (GGB) posted Net Margin of 44.42% for Q3 2026, up 12.63 percentage points from 31.78% a year earlier and up 1.40 percentage points from the prior quarter.
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Analysis
Gerdau (GGB) Net Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Net Margin at Gerdau was 3.15%, down 3.18 percentage points year-over-year; for FY2025, it came in at 1.79%, down 4.31 percentage points from FY2024.
- Annual Net Margin has declined for four consecutive years, with a five-year change of -3.06 percentage points (FY2020 to FY2025).
- In prior years, Gerdau's Net Margin was 6.10% in FY2024 (-3.66 pp), 9.76% in FY2023 (-2.49 pp), 12.25% in FY2022 (-3.27 pp) and 15.53% in FY2021 (+10.67 pp).
- The Q3 2026 figure stands as the highest quarterly Net Margin since Q4 2015.
- On a year-over-year basis, Net Margin has increased in each of the last three quarters, with an average year-over-year change of +7.93 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Net Margin in the past five years was Q3 2022, with a gain of 27.50 percentage points; the weakest was Q4 2022, with a drop of 11.94 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 43.01% (Q2 2026), 5.99% (Q1 2026) and -1.91% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 170.99 Bn | 133.79 Bn | - | - |
| 2 | Southern Copper | 149.62 Bn | 124.43 Bn | 3.10 Bn | 38.36% |
| 3 | Rio Tinto | 134.25 Bn | 101.31 Bn | - | - |
| 4 | Newmont | 113.36 Bn | 78.67 Bn | 4.22 Bn | 38.90% |
| 5 | Freeport-Mcmoran | 90.38 Bn | 86.54 Bn | 2.19 Bn | 14.00% |
| 6 | Agnico Eagle Mines | 85.22 Bn | 72.17 Bn | 2.15 Bn | 37.75% |
| 7 | Barrick Mining | 63.61 Bn | 48.36 Bn | 2.90 Bn | 23.00% |
| 8 | Nucor | 62.99 Bn | 53.53 Bn | 2.03 Bn | 11.12% |
| 9 | ArcelorMittal | 46.60 Bn | 27.63 Bn | - | 4.07% |
| 10 | Gerdau | 9.30 Bn | 4.66 Bn | 651.76 Mn | 8.32% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.32% |
| Jun 30, 2026 | 8.14% |
| Mar 31, 2026 | 5.99% |
| Dec 31, 2025 | -5.29% |
| Sep 30, 2025 | 6.00% |
| Jun 30, 2025 | 4.89% |
| Mar 31, 2025 | 4.31% |
| Dec 31, 2024 | 1.28% |
| Sep 30, 2024 | 7.75% |
| Jun 30, 2024 | 5.17% |
| Mar 31, 2024 | 12.61% |
| Dec 31, 2023 | 2.55% |
| Sep 30, 2023 | 9.27% |
| Jun 30, 2023 | 11.69% |
| Mar 31, 2023 | 16.99% |
| Dec 31, 2022 | 4.20% |
| Sep 30, 2022 | 14.24% |
| Jun 30, 2022 | 18.71% |
| Mar 31, 2022 | 14.46% |
| Dec 31, 2021 | 16.14% |
API Access
Gerdau Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=GGB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "GGB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=GGB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();