Gerdau (GGB) Return on Capital Employed (2009 - 2026)

Gerdau (GGB) reported Return on Capital Employed of 8.51% for Q1 2026, down 203.0% on a YoY basis from 8.26% in Q1 2025, and up 14.21% quarter-over-quarter from 7.45% in Q4 2025.

Gerdau (GGB) Return on Capital Employed (2009 - 2026) Analysis & Trends

Gerdau has reported Return on Capital Employed for 18 years, with the latest figure at 8.51% in Q1 2026.

  • For the quarter ending Q1 2026, Return on Capital Employed fell 203.0% year-over-year to 8.51%; the trailing twelve-month figure through Mar 2026 stood at 8.51% (down 203.0% YoY), and the FY2025 full-year result was 5.25%, down 454.0% from the prior year.
  • Return on Capital Employed for Q1 2026 stood at 8.51%, up from 7.45% in the prior quarter.
  • The five-year high for Return on Capital Employed was 41.09% in Q1 2022, with the low at 7.45% in Q4 2025.
  • Historically, Return on Capital Employed has averaged 17.77% across 5 years, with a median of 12.12% in 2024.
  • Annual changes were most pronounced in 2022 — Return on Capital Employed surged 2269 bps — and 2023, when it tumbled 2145 bps.
  • Gerdau's Return on Capital Employed stood at 24.15% in 2022, then tumbled by 46 bps to 13.01% in 2023, then slipped by 11 bps to 11.55% in 2024, then plunged by 36 bps to 7.45% in 2025, then rose by 14 bps to 8.51% in 2026.
  • The last three Return on Capital Employed figures came in at 8.51% (Q1 2026), 7.45% (Q4 2025), and 8.91% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn 4.28%
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn 11.08%
3 ArcelorMittal 51.15 Bn 48.81 Bn - 4.68%
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn 12.08%
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn 11.59%
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn -7.44%
7 Algoma Steel 2.77 Bn 2.77 Bn -92.32 62.17%
8 National Steel 2.24 Bn -552.84 Mn 479.33 Mn -
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn 9.38%
10 Gerdau 21.17 Mn -1.11 Bn 435.85 Mn 8.51%

Historic Data

Download Data
DateValue
Mar 31, 2026 8.51%
Dec 31, 2025 7.45%
Sep 30, 2025 8.91%
Jun 30, 2025 9.83%
Mar 31, 2025 10.54%
Dec 31, 2024 11.55%
Sep 30, 2024 9.23%
Jun 30, 2024 9.94%
Mar 31, 2024 12.12%
Dec 31, 2023 13.01%
Sep 30, 2023 15.99%
Jun 30, 2023 19.18%
Mar 31, 2023 25.11%
Dec 31, 2022 24.15%
Sep 30, 2022 34.88%
Jun 30, 2022 40.63%
Mar 31, 2022 41.09%
Dec 31, 2021 31.65%
Sep 30, 2021 33.43%
Jun 30, 2021 26.22%