Gerdau (GGB) Net Margin (2009 - 2026)
Gerdau (GGB) reported Net Margin of 5.99% for Q1 2026, up 168.0% on a YoY basis from 2.24% in Q1 2025, and up 213.29% quarter-over-quarter from 5.29% in Q4 2025.
Gerdau (GGB) Net Margin (2009 - 2026) Analysis & Trends
Gerdau has reported Net Margin for 18 years, with the latest figure at 5.99% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 168.0% year-over-year to 5.99%; the trailing twelve-month figure through Mar 2026 stood at 2.12% (down 225.0% YoY), and the FY2025 full-year result was 1.79%, down 431.0% from the prior year.
- Net Margin for Q1 2026 stood at 5.99%, up from 5.29% in the prior quarter.
- The five-year high for Net Margin was 18.71% in Q2 2022, with the low at 6.81% in Q3 2022.
- Historically, Net Margin has averaged 6.69% across 5 years, with a median of 5.99% in 2026.
- Annual changes were most pronounced in 2022 — Net Margin tumbled 1194 bps — and 2023, when it soared 1608 bps.
- Gerdau's Net Margin stood at 4.2% in 2022, then slumped by 39 bps to 2.55% in 2023, then slumped by 50 bps to 1.28% in 2024, then plunged by 512 bps to 5.29% in 2025, then surged by 213 bps to 5.99% in 2026.
- The last three Net Margin figures came in at 5.99% (Q1 2026), 5.29% (Q4 2025), and 6.0% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | 5.41% |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 9.16% |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | 3.72% |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 7.69% |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 6.58% |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | -4.82% |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | 53.69% |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | -10.87% |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 1.40% |
| 10 | Gerdau | 21.17 Mn | -1.11 Bn | 435.85 Mn | 5.99% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -6.81% |
| Jun 30, 2022 | 18.71% |
| Mar 31, 2022 | 14.46% |
| Dec 31, 2021 | 16.14% |
| Sep 30, 2021 | -13.27% |
| Jun 30, 2021 | 17.61% |