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
DateValue
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