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| Date | Value |
|---|---|
| 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% |