Gerdau (GGB) Non Operating Income (2009 - 2022)
Gerdau (GGB) reported Non Operating Income of -$101.2 million for Q3 2022, down 776.58% on a YoY basis from $15.0 million in Q3 2021, and down 37.31% quarter-over-quarter from -$73.7 million in Q2 2022.
Gerdau (GGB) Non Operating Income (2009 - 2022) Analysis & Trends
Gerdau has reported Non Operating Income for 14 years, with the latest figure at -$101.2 million in Q3 2022.
- For the quarter ending Q3 2022, Non Operating Income fell 776.58% year-over-year to -$101.2 million; the trailing twelve-month figure through Sep 2022 stood at -$381.3 million (up 2.05% YoY), and the FY2021 full-year result was -$110.3 million, up 66.93% from the prior year.
- Non Operating Income for Q3 2022 stood at -$101.2 million, down from -$73.7 million in the prior quarter.
- The five-year high for Non Operating Income was $496.5 million in Q4 2018, with the low at -$366.7 million in Q4 2019.
- Historically, Non Operating Income has averaged -$48.5 million across 5 years, with a median of -$75.1 million in 2022.
- Annual changes were most pronounced in 2018 — Non Operating Income jumped 515.05% — and 2022, when it sank 776.58%.
- Gerdau's Non Operating Income stood at $496.5 million in 2018, then slumped by 173.87% to -$366.7 million in 2019, then climbed by 14.24% to -$314.5 million in 2020, then jumped by 64.94% to -$110.3 million in 2021, then grew by 8.25% to -$101.2 million in 2022.
- The last three Non Operating Income figures came in at -$101.2 million (Q3 2022), -$73.7 million (Q2 2022), and -$96.2 million (Q1 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Op. Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | - |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | -19.00 Mn |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | - |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 8.45 Mn |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | -3.00 Mn |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | -94.00 Mn |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | - |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | -248.31 Mn |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 9.80 Mn |
| 10 | Gerdau | 21.17 Mn | -1.11 Bn | 435.85 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | -101.17 Mn |
| Jun 30, 2022 | -73.68 Mn |
| Mar 31, 2022 | -96.25 Mn |
| Dec 31, 2021 | -110.26 Mn |
| Sep 30, 2021 | 14.95 Mn |
| Jun 30, 2021 | -40.13 Mn |
| Mar 31, 2021 | -49.65 Mn |
| Dec 31, 2020 | -314.51 Mn |
| Sep 30, 2020 | -161.02 Mn |
| Jun 30, 2020 | -61.71 Mn |
| Mar 31, 2020 | -52.38 Mn |
| Dec 31, 2019 | -366.75 Mn |
| Sep 30, 2019 | 312.45 Mn |
| Jun 30, 2019 | -76.59 Mn |
| Mar 31, 2019 | -99.69 Mn |
| Dec 31, 2018 | 496.45 Mn |
| Jun 30, 2018 | -198.85 Mn |
| Mar 31, 2018 | 105.74 Mn |
| Dec 31, 2017 | 352.40 Mn |
| Jun 30, 2017 | 157.54 Mn |