Gerdau Past Earnings Performance
Past criteria checks 2/6
Gerdau has been growing earnings at an average annual rate of 18.6%, while the Metals and Mining industry saw earnings growing at 22.7% annually. Revenues have been growing at an average rate of 12.1% per year. Gerdau's return on equity is 8.8%, and it has net margins of 7.4%.
Key information
18.6%
Earnings growth rate
19.1%
EPS growth rate
| Metals and Mining Industry Growth | 26.4% |
| Revenue growth rate | 12.1% |
| Return on equity | 8.8% |
| Net Margin | 7.4% |
| Next Earnings Update | 19 Feb 2025 |
Recent past performance updates
Recent updates
Gerdau Q2: No Prospect Of Robust Improvement In The Short Term
Sep 29Gerdau: Demand From The Automotive Industry And Undervalued
Sep 03Gerdau: Underperforming Since My 'Hold' Rating
Jul 22Gerdau: Cheap Stock Void Of Direction
May 08Gerdau: Infrastructure Spending Could Fuel Growth In Face Of Cheap Chinese Steel
Feb 10Gerdau S.A.: Assessing If Storm Clouds Are Beginning To Form (Technical Analysis)
Jan 31Gerdau: Q3 Earnings, Limited Short-Term Catalysts, Raises Concerns
Nov 16Gerdau: Valuation Matters In The Downturn
Sep 19Gerdau: Still Performing, But I'm Still Careful And May Rotate Here
Aug 15Gerdau Is Positioned For Long-Term Success
May 26Gerdau: Remains A Solid Income Play
Feb 07Gerdau: A Solid Play At The Right Price, Just Not Now
Dec 07Gerdau reports Q3 results
Nov 09Gerdau Could Thrive Amidst Weakening Demand For Steel
Sep 27Gerdau: Still Some Questions, But Now A 'Buy'
Aug 09Gerdau Q2 2022 Earnings Preview
Aug 02Macro And Conflicts Set Upside Potential For Gerdau S.A.
May 17Gerdau Worth Another Look As Healthy Demand Leads To A More Gradual Down-Cycle
Mar 04Gerdau - Not My Current Steel Choice
Dec 26Gerdau Set For Record Cash Flows, But Investors Seem To Have Moved On
Sep 08Gerdau: Further Gains On The Cards
Jun 22Gerdau reports Q1 results
May 05Gerdau goes ex-dividend tomorrow
Dec 21Gerdau S.A.: Assessing Its Long-Term Potential
Dec 10Gerdau goes ex-dividend on Monday
Nov 06Gerdau S.A. 2020 Q3 - Results - Earnings Call Presentation
Oct 30Gerdau reports Q3 results
Oct 28Revenue & Expenses Breakdown
How Gerdau makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 64,920 | 4,828 | 2,194 | 0 |
| 30 Jun 24 | 64,605 | 5,063 | 2,183 | 0 |
| 31 Mar 24 | 66,254 | 6,339 | 2,207 | 0 |
| 31 Dec 23 | 68,916 | 7,502 | 2,228 | 0 |
| 30 Sep 23 | 72,165 | 8,131 | 2,279 | 0 |
| 30 Jun 23 | 76,251 | 9,560 | 2,285 | 0 |
| 31 Mar 23 | 80,954 | 11,707 | 2,245 | 0 |
| 31 Dec 22 | 82,412 | 11,426 | 2,196 | 0 |
| 30 Sep 22 | 86,003 | 13,713 | 2,193 | 0 |
| 30 Jun 22 | 86,171 | 16,296 | 2,172 | 0 |
| 31 Mar 22 | 82,333 | 15,968 | 2,125 | 0 |
| 31 Dec 21 | 78,345 | 15,494 | 2,106 | 0 |
| 30 Sep 21 | 70,410 | 13,047 | 1,949 | 0 |
| 30 Jun 21 | 61,315 | 8,239 | 1,795 | 0 |
| 31 Mar 21 | 50,930 | 4,600 | 1,655 | 0 |
| 31 Dec 20 | 43,815 | 2,366 | 1,595 | 0 |
| 30 Sep 20 | 39,728 | 1,417 | 1,477 | 0 |
| 30 Jun 20 | 37,437 | 917 | 1,476 | 0 |
| 31 Mar 20 | 38,846 | 971 | 1,498 | 0 |
| 31 Dec 19 | 39,644 | 1,204 | 1,452 | 0 |
| 30 Sep 19 | 41,010 | 1,488 | 1,487 | 0 |
| 30 Jun 19 | 43,915 | 1,987 | 1,533 | 0 |
| 31 Mar 19 | 45,796 | 2,312 | 1,610 | 0 |
| 31 Dec 18 | 46,159 | 2,304 | 1,663 | 0 |
| 30 Sep 18 | 45,077 | 536 | 1,668 | 0 |
| 30 Jun 18 | 41,717 | -114 | 1,646 | 0 |
| 31 Mar 18 | 38,848 | -734 | 1,636 | 0 |
| 31 Dec 17 | 36,918 | -359 | 1,655 | 0 |
| 30 Sep 17 | 35,720 | -2,039 | 1,791 | 0 |
| 30 Jun 17 | 34,943 | -2,082 | 1,877 | 0 |
| 31 Mar 17 | 36,026 | -2,084 | 2,035 | 0 |
| 31 Dec 16 | 37,652 | -2,891 | 2,239 | 0 |
| 30 Sep 16 | 39,481 | -2,984 | 2,360 | 0 |
| 30 Jun 16 | 42,708 | -5,018 | 2,507 | 0 |
| 31 Mar 16 | 43,218 | -4,836 | 2,566 | 0 |
| 31 Dec 15 | 43,581 | -4,551 | 2,582 | 0 |
| 30 Sep 15 | 43,976 | -997 | 2,608 | 0 |
| 30 Jun 15 | 42,757 | 1,198 | 2,639 | 0 |
| 31 Mar 15 | 42,440 | 1,299 | 2,681 | 0 |
| 31 Dec 14 | 42,546 | 1,403 | 2,728 | 0 |
| 30 Sep 14 | 42,024 | 1,456 | 2,716 | 0 |
| 30 Jun 14 | 41,812 | 1,799 | 2,727 | 0 |
| 31 Mar 14 | 41,251 | 1,833 | 2,685 | 0 |
| 31 Dec 13 | 39,863 | 1,584 | 2,612 | 0 |
Quality Earnings: GGB has high quality earnings.
Growing Profit Margin: GGB's current net profit margins (7.4%) are lower than last year (11.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GGB's earnings have grown by 18.6% per year over the past 5 years.
Accelerating Growth: GGB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GGB had negative earnings growth (-40.6%) over the past year, making it difficult to compare to the Metals and Mining industry average (-29.4%).
Return on Equity
High ROE: GGB's Return on Equity (8.8%) is considered low.