Gerdau (GGB) Tax Provisions (2009 - 2026)

Gerdau (GGB) reported Tax Provisions of -$95.0 million for Q1 2026, down 73.88% on a YoY basis from -$363.8 million in Q1 2025, and down 124.89% quarter-over-quarter from $381.8 million in Q4 2025.

Gerdau (GGB) Tax Provisions (2009 - 2026) Analysis & Trends

Gerdau has reported Tax Provisions for 18 years, with the latest figure at -$95.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Tax Provisions fell 73.88% year-over-year to -$95.0 million; the trailing twelve-month figure through Mar 2026 stood at $172.7 million (up 37.29% YoY), and the FY2025 full-year result was $205.1 million, up 37.88% from the prior year.
  • Tax Provisions for Q1 2026 stood at -$95.0 million, down from $381.8 million in the prior quarter.
  • The five-year high for Tax Provisions was $1.5 billion in Q4 2022, with the low at -$300.4 million in Q1 2022.
  • Historically, Tax Provisions has averaged $84.8 million across 5 years, with a median of -$63.5 million in 2025.
  • The largest YoY upside for Tax Provisions was 2602.83% in 2022 against a maximum downside of 100.77% in 2022.
  • Gerdau's Tax Provisions stood at $1.5 billion in 2022, then tumbled by 53.85% to $701.0 million in 2023, then plunged by 58.6% to $290.2 million in 2024, then soared by 31.56% to $381.8 million in 2025, then slumped by 124.89% to -$95.0 million in 2026.
  • The last three Tax Provisions figures came in at -$95.0 million (Q1 2026), $381.8 million (Q4 2025), and -$63.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn -
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn 226.00 Mn
3 ArcelorMittal 51.15 Bn 48.81 Bn - -136.00 Mn
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn 113.11 Mn
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn 83.90 Mn
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn -81.00 Mn
7 Algoma Steel 2.77 Bn 2.77 Bn -92.32 -
8 National Steel 2.24 Bn -552.84 Mn 479.33 Mn -
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn 3.50 Mn
10 Gerdau 21.17 Mn -1.11 Bn 435.85 Mn -95.02 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -95.02 Mn
Dec 31, 2025 381.80 Mn
Sep 30, 2025 -63.52 Mn
Jun 30, 2025 -50.54 Mn
Mar 31, 2025 -54.65 Mn
Dec 31, 2024 290.21 Mn
Sep 30, 2024 -79.79 Mn
Jun 30, 2024 -29.97 Mn
Mar 31, 2024 -45.24 Mn
Dec 31, 2023 701.00 Mn
Sep 30, 2023 -64.41 Mn
Jun 30, 2023 -64.50 Mn
Mar 31, 2023 -197.77 Mn
Dec 31, 2022 1.52 Bn
Sep 30, 2022 -173.72 Mn
Jun 30, 2022 -230.84 Mn
Mar 31, 2022 -300.36 Mn
Dec 31, 2021 -60.69 Mn
Sep 30, 2021 -358.93 Mn
Jun 30, 2021 -317.67 Mn