G

    Gerdau SA ADR (GGB)

    Official site

    BASIC MATERIALS • STEEL • NYSE

    $4.60
    +0.01 (+0.22%)

    Market Cap: $9.01B

    Last updated: Sep 01, 2026 at 10:00 AM ET

    Earnings

    Performance (10Y)

    Beat Rate
    43%(17/40)
    Avg Surprise
    +13.97%
    Streak
    1 Q

    Upcoming Estimates

    Sep 30, 2026
    EPS Consensus$0.83
    Range$0.76 - $0.91
    2 analysts
    EPS RevisionsNo revisions (7d)
    1
    0
    30d
    EPS Estimate Drift
    90d ago$0.74-11.0%
    60d ago$0.83-0.6%
    30d ago$0.91+8.7%
    7d ago$0.80-4.0%
    Current$0.83
    Revenue Consensus
    $18.8B
    Range$18.2B - $19.2B
    3 analysts
    Dec 31, 2026
    EPS Consensus$0.32
    Range$0.12 - $0.50
    3 analysts
    Revenue Consensus
    $17.3B
    Range$15.3B - $18.8B
    13 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.32---
    Sep 26EST
    		-$0.83---
    Jun 26
    		$0.15$0.15+0.00%Beat-64.3%
    Mar 26
    		$0.51$0.76-32.86%Miss+37.8%
    Dec 25
    		$0.34$0.45-24.44%Miss+10.0%
    Sep 25
    		$0.54$0.58-6.90%Miss+350.0%
    Jun 25
    		$0.42$0.51-17.65%Miss-6.7%
    Mar 25
    		$0.37$0.11+237.90%Beat+236.4%
    Dec 24
    		$0.31$0.34-8.36%Miss-9.1%
    Sep 24
    		$0.12$0.13-7.69%Miss-84.0%
    Jun 24
    		$0.45$0.38+18.42%Beat-55.4%
    Mar 24
    		$0.11$0.09+22.22%Beat-92.8%
    Dec 23
    		$0.34$0.49-30.61%Miss+134.3%
    Sep 23
    		$0.75$0.71+5.63%Beat-46.8%
    Jun 23
    		$1.01$1.15-12.17%Miss-49.0%
    Mar 23
    		$1.52$1.30+16.92%Beat+11.8%
    Dec 22
    		$0.15N/A-89.41%Miss-92.9%
    Sep 22
    		$1.41$1.51-6.62%Miss-45.6%
    Jun 22
    		$1.98$1.86+6.45%Beat-15.4%
    Mar 22
    		$1.36$1.68-19.05%Miss+20.4%
    Dec 21
    		$2.04$2.08-1.92%Miss+187.3%
    Sep 21
    		$2.59$1.66+56.02%Beat+600.0%
    Jun 21
    		$2.34$1.97+18.78%Beat+1571.4%
    Mar 21
    		$1.13$0.65+73.85%Beat+1030.0%
    Dec 20
    		$0.71$0.91-21.98%Miss+3450.0%
    Sep 20
    		$0.37$0.20+85.00%Beat+184.6%
    Jun 20
    		$0.14$-0.15+193.33%Beat-17.6%
    Mar 20
    		$0.10$0.13-23.08%Miss-61.5%
    Dec 19
    		$0.02N/A-89.47%Miss-88.2%
    Sep 19
    		$0.13$0.15-13.33%Miss+6.3%
    Jun 19
    		$0.17$0.28-39.29%Miss+56.0%
    Mar 19
    		$0.26$0.32-18.75%Miss+280.1%
    Dec 18
    		$0.17$0.25-32.00%Miss+126.6%
    Sep 18
    		$0.12$0.13-5.92%Miss+103.8%
    Jun 18
    		$0.11$0.04+172.50%Beat+263.3%
    Mar 18
    		$0.07$0.07-2.29%Miss-82.0%
    Dec 17
    		$-0.64$-0.06-966.67%Miss-433.3%
    Sep 17
    		$0.06N/A-53.85%Miss+50.0%
    Jun 17
    		$0.03$0.01+200.00%Beat-
    Mar 17
    		$0.38$-0.07+642.86%Beat-
    Dec 16
    		$-0.12$-0.18+33.33%Beat-
    Sep 16
    		$0.04$0.01+300.00%Beat-

    Dividends

    Dividend Metrics

    Yield3.30%
    Annual/Share$0.15
    Payout Ratio67.93%
    Frequency4
    Pay MonthsMar, Jun, Aug, Sep, Dec

    Growth

    3Y CAGR-27.76%
    5Y CAGR+31.39%
    View GGB's full dividend history

    Key Metrics

    Valuation
    P/E Ratio2.99EV/EBITDA6.12x
    Price/FCF13.80xFCF Yield7.25%
    Profitability
    Profit Margin3.22%Operating Margin12.80%
    ROE4.18%ROIC4.99%
    Financial Health
    Debt/Equity0.25xInterest Coverage4.06x
    Current Ratio2.87xQuick Ratio1.30x
    Trading Statistics
    Beta0.91Avg Volume11.64M
    52-Week High$5.1352-Week Low$2.87

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$4.47
    SMA 20$4.66
    SMA 50$4.54
    SMA 200$4.14
    EMA 10$4.55
    EMA 20$4.59
    EMA 50$4.58
    EMA 200$4.15

    MACD

    Line: -0.04Signal: -0.04Hist: -0.01

    ADX

    ADX: 25.9+DI: 24.2-DI: 26.2

    Aroon & PSAR

    Aroon Up28.0
    Aroon Down72.0
    PSAR$4.21

    Bollinger Bands

    Upper Band$5.15
    Lower Band$4.17
    %B Position2109%(Upper)
    Band Width0.44

    RSI (14-Day)

    Neutral
    49.8

    Momentum Oscillators

    Stoch %K60.1
    Stoch %D49.5
    Williams %R-40.0
    ROC (10d)-3.2%
    Momentum-0.15
    CCI (20d)-17.6
    MFI (14d)53.2

    Volatility Measures

    ATR (14d)$0.17(3.8%)
    StdDev (20d)0.25
    Hist Vol40.8%(High)

    Volume Flow

    VWAP$4.64
    OBV245.7M
    AD Line-6.2B
    CMF (20d)-0.554

    Volume Metrics

    Avg Vol (20d)11.5M
    Vol Ratio0.8x
    VWMA (20d)$4.67

    Pivot Points

    R3$4.84
    R2$4.77
    R1$4.68
    Pivot Point$4.61
    S1$4.52
    S2$4.45
    S3$4.36

    Advanced Oscillators

    TSI-7.30
    Ultimate Osc42.1
    KST-28.06

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$17.87B$16.72B$16.97B$17.98B$17.53B$17.38B$16.82B$17.38B$16.62B$16.21B$14.72B$17.06B
    Cost of Revenue$15.04B$14.42B$15.13B$15.84B$15.50B$15.43B$14.80B$14.80B$14.43B$13.79B$13.08B$14.27B
    Gross Profit$2.83B$2.29B$1.85B$2.14B$2.03B$1.95B$2.02B$2.58B$2.19B$2.42B$1.63B$2.79B
    Operating Expenses$534.14M$541.98M$645.89M$572.09M$571.65M$569.92M$1.11B$455.15M$571.88M$534.80M$540.85M$408.53M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$328.06M$336.31M$321.60M$316.38M$351.50M$348.96M$387.13M$354.53M$344.47M$317.93M$384.62M$354.80M
    Operating Income$2.30B$1.75B$1.20B$1.57B$1.46B$1.38B$915.01M$2.12B$1.62B$1.88B$1.09B$2.38B
    Interest Income$65.63M$68.39M$126.64M$106.22M$152.89M$94.88M$110.20M$89.67M$109.72M$63.08M$115.35M$323.71M
    Interest Expense$269.11M$282.26M$391.62M$358.37M$314.44M$44.28M$37.65M$38.16M$34.68M$37.30M$42.20M$42.79M
    Income Before Tax$2.02B$1.51B$-1,140,133,000$1.44B$1.15B$1.08B$365.69M$1.80B$1.02B$2.28B$735.71M$1.91B
    Income Tax Expense$558.58M$500.10M$153.61M$346.08M$286.10M$320.21M$42.72M$442.43M$155.81M$223.69M$148.91M$314.32M
    Net Income$1.45B$1.00B$-1,298,154,000$1.08B$856.29M$749.49M$316.02M$1.35B$859.11M$2.04B$577.95M$1.58B
    EBITDA$3.21B$2.70B$220.92M$2.73B$2.40B$2.21B$1.42B$2.81B$1.97B$3.19B$1.74B$2.90B
    EBIT$2.29B$1.80B$-714,729,000$1.79B$1.47B$1.34B$585.51M$2.01B$1.20B$2.46B$944.85M$2.12B
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    No research available

    Be the first to write about GGB

    News

    Bank of America lifts Gerdau stake to 5.07%

    Bank of America has increased its stake in Gerdau to 5.07% as of August 20, 2026, triggering a CVM 5% disclosure. This holding comprises 63,970,174 preferred shares, along with a cash-settled derivative exposure of 223,569 shares. Bank of America stated that it does not seek changes in Gerdau's control or management.

    Bitget•8/25/26•
    Somewhat-Bullish

    Donald Smith & CO. Inc. Acquires New Holdings in Gerdau S.A. $GGB

    Donald Smith & CO. Inc. recently acquired 17.49 million shares of Gerdau S.A. (NYSE:GGB), valued at $70.7 million, making it their 29th largest holding. The company's stock has a "Moderate Buy" rating from analysts with an average target price of $5.24, despite recent downgrades from some firms. Gerdau reported a quarterly EPS of $0.15 on $3.45 billion in revenue and increased its quarterly dividend to $0.0448 per share, yielding 4.2% annually.

    MarketBeat•8/22/26•
    Bullish

    HSBC downgrades Gerdau stock rating on valuation concerns

    HSBC downgraded Gerdau S.A. (NYSE:GGB) from Buy to Hold, lowering its price target due to valuation concerns, despite the company's strong Q2 2026 results. The firm acknowledged Gerdau's robust EBITDA margin and exposure to the U.S. market, but believes the stock is fairly priced at current levels. InvestingPro data, however, suggests the stock might be undervalued based on its Fair Value analysis, highlighting its consistent dividend payments over 35 years.

    Investing.com•8/21/26•
    Somewhat-Bearish

    HSBC downgrades Gerdau stock rating on valuation concerns

    HSBC downgraded Gerdau S.A. to Hold from Buy, lowering its price target to BRL24.50 from BRL26.00, citing valuation concerns despite positive factors like its diverse steel supply and U.S. market exposure. The company's Q2 2026 results significantly surpassed expectations with strong North American demand and an expanded EBITDA margin, but HSBC believes the stock is fairly priced at current levels. Gerdau has a strong dividend history and is investing in projects like the Miguel Burnier mining expansion for future growth.

    Investing.com•8/21/26•
    Somewhat-Bearish

    Why is Gerdau stock sliding today?

    Gerdau SA Pref stock (GGBR4) fell 5.2% today due to an analyst downgrade from Itaú BBA and recent insider stock sales. Itaú BBA downgraded the stock to Market Perform, citing a cooling steel market and already priced-in operational improvements. The insider selling between August 10 and 14 further contributed to investor concerns regarding the Brazilian steelmaker.

    Investing.com•8/20/26•
    Bearish

    Frequently Asked Questions About GGB

    What is GGB's current dividend yield?
    Gerdau SA ADR (GGB) has a current dividend yield of 3.30%.
    Does GGB pay dividends?
    Yes, Gerdau SA ADR pays dividends with a current yield of 3.30%.
    What is GGB's P/E ratio?
    Gerdau SA ADR has a price-to-earnings (P/E) ratio of 2.99.
    What is GGB's market cap?
    Gerdau SA ADR (GGB) has a market capitalization of $9.01B with a current stock price of $4.60.

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.

    Create Free AccountLog In