Gerdau S.A.
Research Gerdau S.A. (GGB) on Bullrun: valuation model: 33.2% overvalued, market cap USD 6.49B, P/E 23.3, dividend yield 2.0%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerGGB
- ExchangeNYSE
- CountryBrazil
- SectorBasic Materials
- IndustrySteel
- CurrencyUSD
- Valuation signal33.2% overvalued
- Market capUSD 6.49B
- P/E23.3
- Dividend yield2.0%
- Financial periodQ2 2026
- RevenueBRL 17.87B
- Net incomeBRL 1.45B
- Free cash flowBRL 432.48M
- Gross margin15.8%
Valuation Snapshot
Bullrun's latest valuation model marks Gerdau S.A. as 33.2% overvalued; latest market cap is USD 6.49B; P/E is 23.3; dividend yield is 2.0%.
Peer valuation comparison
Latest P/E is 23.34x versus a Basic Materials sector median of 16.68x (39.9% above).
Latest dividend yield is 1.95% versus a Basic Materials sector median of 2.3% (15.0% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | BRL 69.86B | BRL 1.39B | BRL 1.13B | 11.4% | 0.69 | BRL 5.93B | BRL 15.57B | BRL 53.59B |
| FY2024 | BRL 67.03B | BRL 4.57B | BRL 5.43B | 13.7% | 2.25 | BRL 7.77B | BRL 14.92B | BRL 57.95B |
| FY2023 | BRL 68.92B | BRL 7.50B | BRL 5.80B | 16.4% | 3.59 | BRL 3.01B | BRL 12.20B | BRL 49.06B |
| FY2022 | BRL 82.41B | BRL 11.43B | BRL 6.67B | 22.8% | 5.34 | BRL 2.48B | BRL 13.66B | BRL 46.12B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 6.49B | 23.3 | 2.0% | 0.1 |
| 2025 | 2025-12-31 | USD 7.29B | 30.8 | 0.5% | 0.02 |
| 2024 | 2024-12-31 | USD 5.88B | 7.6 | 3.5% | 0.1 |
| 2023 | 2023-12-29 | USD 8.48B | 5.3 | 6.4% | 0.26 |
| 2022 | 2022-12-30 | USD 9.22B | 3.6 | 12.7% | 0.56 |
| 2021 | 2021-12-31 | USD 8.38B | 2.9 | 11.5% | 0.45 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.1 USD, yield 2.0%.
| Year | Dividends/share |
|---|---|
| FY2025 | 0.02 BRL |
| FY2024 | 0.1 BRL |
| FY2023 | 0.26 BRL |
| FY2022 | 0.56 BRL |
About Gerdau S.A.
Gerdau S.A., together with its subsidiaries, operates as a steel producer company. It operates through Brazil Business, North America Business, and South America Business segments. The company offers rebars, bars, wires, thick plates, hot rolled coils, billets, blooms, plates, wire rods, and structural profiles. It also provides special steel products for agricultural, automotive, construction, distribution, energy, industrial, and mining markets.
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Frequently asked questions
Is Gerdau S.A. overvalued or undervalued?
Bullrun's valuation model currently marks Gerdau S.A. as 33.2% overvalued.
What is Gerdau S.A.'s market cap?
Gerdau S.A.'s market capitalization is USD 6.49B.
What is Gerdau S.A.'s P/E ratio?
Gerdau S.A.'s price-to-earnings (P/E) ratio is 23.3.
Does Gerdau S.A. pay a dividend?
Gerdau S.A. has a dividend yield of 2.0%.
What does Gerdau S.A. do?
Gerdau S.A., together with its subsidiaries, operates as a steel producer company. It operates through Brazil Business, North America Business, and South America Business segments. The company offers rebars, bars, wires, thick plates, hot rolled coils, billets, blooms, plates, wire rods, and structural profiles. It also provides special steel products for agricultural, automotive, construction, distribution, energy, industrial, and mining markets. In addition, it operates mines that produce iron ore located in Brazil. The company was founded in 1901 and is headquartered in São Paulo, Brazil.