Gerdau (GGB) Return on Equity [ROE] (2009 - 2026)
Gerdau (GGB) recorded Return on Equity [ROE] of 3.48% in Q3 2026, down 0.33 percentage points from 3.81% a year earlier and down 0.37 percentage points from the prior quarter.
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Analysis
Gerdau (GGB) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025, Gerdau reported Return on Equity [ROE] of 2.64%, down 6.13 percentage points from FY2024.
- Annual Return on Equity [ROE] has declined for four straight years, with a five-year change of -4.71 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Equity [ROE] came in at 8.77% in FY2024 (-7.20 pp), 15.97% in FY2023 (-11.12 pp), 27.09% in FY2022 (-15.17 pp) and 42.26% in FY2021 (+34.91 pp).
- Quarterly Return on Equity [ROE] has ranged from 3.26% in Q4 2025 to 37.93% in Q4 2021 over the past five years.
- On a year-over-year basis, Return on Equity [ROE] has declined for 17 consecutive quarters, with an average year-over-year change of -4.04 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Equity [ROE] in the last five years was a gain of 30.11 percentage points in Q4 2021, against a drop of 15.88 percentage points in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 3.85% (Q2 2026), 3.94% (Q1 2026) and 3.26% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 170.99 Bn | 133.79 Bn | - | - |
| 2 | Southern Copper | 138.52 Bn | 113.25 Bn | 3.10 Bn | 48.47% |
| 3 | Rio Tinto | 135.90 Bn | 96.73 Bn | - | - |
| 4 | Newmont | 126.75 Bn | 91.89 Bn | 4.22 Bn | 26.49% |
| 5 | Ternium | 96.55 Bn | 64.81 Bn | 1.04 Bn | 11.08% |
| 6 | Agnico Eagle Mines | 96.18 Bn | 83.12 Bn | 2.15 Bn | 21.20% |
| 7 | Freeport-Mcmoran | 85.33 Bn | 69.37 Bn | 2.19 Bn | 14.40% |
| 8 | Barrick Mining | 69.13 Bn | 44.33 Bn | 2.90 Bn | 29.62% |
| 9 | Nucor | 55.83 Bn | 45.21 Bn | 2.03 Bn | 14.21% |
| 10 | Gerdau | 8.78 Bn | 4.10 Bn | 651.76 Mn | 5.24% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.24% |
| Jun 30, 2026 | 4.34% |
| Mar 31, 2026 | 3.08% |
| Dec 31, 2025 | 2.41% |
| Sep 30, 2025 | 5.30% |
| Jun 30, 2025 | 5.89% |
| Mar 31, 2025 | 6.23% |
| Dec 31, 2024 | 9.00% |
| Sep 30, 2024 | 9.36% |
| Jun 30, 2024 | 10.08% |
| Mar 31, 2024 | 12.61% |
| Dec 31, 2023 | 14.81% |
| Sep 30, 2023 | 15.98% |
| Jun 30, 2023 | 18.95% |
| Mar 31, 2023 | 25.18% |
| Dec 31, 2022 | 25.11% |
| Sep 30, 2022 | 28.98% |
| Jun 30, 2022 | 34.83% |
| Mar 31, 2022 | 36.31% |
| Dec 31, 2021 | 37.93% |
API Access
Gerdau Return on Equity [ROE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-equity-%5Broe%5D&ticker=GGB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "ticker": "GGB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-equity-%5Broe%5D&ticker=GGB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();