Brazil was Gerdau’s largest region in fiscal 2021, bringing in $37.73B of $78.35B (48%).
| Geography | FY 2019 | FY 2021 |
|---|---|---|
| Brazil | $17.57B | $37.73B |
| North America | $17.87B | $32.04B |
| Latin America | $4.20B | $8.57B |
| Total | $39.64B | $78.35B |
Gerdau brought in $78.35B from its three regions in fiscal 2021, the year ended December 31, 2021. That was up 97.6% from $39.64B in fiscal 2019, the previous year with figures. Brazil was the largest at $37.73B (48.2%), ahead of North America at $32.04B (40.9%) and Latin America at $8.57B (10.9%).
Compared with fiscal 2019, the previous year with figures, Brazil grew fastest, up 114.7% to $37.73B. Every region above 2% of revenue grew. From fiscal 2019 to 2021, combined revenue from these regions grew from $39.64B to $78.35B, a compound annual growth rate of 40.6%. Brazil's share of the total rose from 44.3% to 48.2%.
Brazil was Gerdau’s largest segment in fiscal 2021, bringing in $34.76B of $78.35B (44%).
| Segments [axis] | FY 2019 | FY 2021 |
|---|---|---|
| Brazil | $16.12B | $34.76B |
| North America | $14.66B | $27.84B |
| Special Steel | $6.70B | $10.98B |
| South America | — | $6.86B |
| South America Operation | $3.26B | — |
| Eliminations & Adjustments | -$1.10B | -$2.09B |
| Total | $39.64B | $78.35B |
Gerdau brought in $78.35B from its five segments in fiscal 2021, the year ended December 31, 2021. Gerdau regrouped these segments after fiscal 2019, so the total does not compare directly with that year's $39.64B. Brazil was the largest at $34.76B (44.4%), ahead of North America at $27.84B (35.5%) and Special Steel at $10.98B (14.0%). The remaining segment, South America, brought in $6.86B.
Compared with fiscal 2019, the previous year with figures, Brazil grew fastest, up 115.6% to $34.76B. Every segment above 2% of revenue grew.
Gerdau began breaking out South America in fiscal 2021, when it brought in $6.86B. Gerdau stopped reporting South America Operation as a separate segment after fiscal 2019, when it brought in $3.26B. The total is net of Eliminations & Adjustments, which took $2.09B off revenue in fiscal 2021.
Gerdau (GGB) reports its revenue by geography and by segments [axis]. In fiscal 2021, Brazil was its largest region, bringing in $37.73B (48.2% of the total), followed by North America at $32.04B (40.9%).
Brazil was Gerdau's largest region in fiscal 2021, bringing in $37.73B, or 48.2% of the $78.35B total across its three regions.
Brazil was Gerdau's largest segment in fiscal 2021, bringing in $34.76B, or 44.4% of the $78.35B total across its five segments.
Every figure comes from Gerdau's annual financial filings, as reported. Each line keeps the name Gerdau gives it, and years follow its fiscal calendar.
Gerdau's revenue by geography goes back to fiscal 2019, with figures through fiscal 2021. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.