Gerdau S.A. (BVMF:GGBR3)

Gerdau Balance Sheet

Financials in millions BRL. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	8,501	7,768	3,006	2,476	4,161	4,617
Short-Term Investments	472.92	509.03	2,338	2,959	2,626	-
Trading Asset Securities	-	-	-	-	-	3,041
Cash & Short-Term Investments	8,974	8,277	5,344	5,435	6,787	7,658
Cash Growth	35.17%	54.89%	-1.68%	-19.92%	-11.38%	21.61%
Accounts Receivable	5,799	5,177	4,875	4,999	5,414	3,737
Other Receivables	1,782	2,068	1,997	2,213	2,896	2,253
Receivables	7,581	7,245	6,872	7,212	8,310	5,990
Inventory	16,042	16,505	15,228	17,818	16,861	9,169
Other Current Assets	709.51	643.07	1,754	793.17	682.44	591.52
Total Current Assets	33,307	32,669	29,198	31,257	32,640	23,409
Property, Plant & Equipment	32,098	30,760	24,063	21,384	19,604	18,068
Long-Term Investments	3,956	4,222	3,858	3,897	3,432	2,272
Goodwill	12,260	13,853	10,825	11,634	12,428	12,104
Other Intangible Assets	414.09	400.57	373.71	415.16	509.76	622.58
Long-Term Deferred Tax Assets	2,294	2,428	2,219	2,164	2,929	3,393
Other Long-Term Assets	2,525	2,481	4,347	3,047	2,269	3,120
Total Assets	86,854	86,814	74,885	73,799	73,815	63,123
Accounts Payable	5,157	5,258	5,317	5,966	7,209	4,712
Accrued Expenses	1,495	1,576	1,498	1,714	1,979	1,318
Current Portion of Long-Term Debt	2,553	735.04	1,798	3,121	1,766	1,432
Current Portion of Leases	410.22	430.73	373.15	275.93	275.09	231.7
Current Income Taxes Payable	87.59	346.21	502.77	497.24	863.14	810.13
Other Current Liabilities	1,818	2,506	1,796	1,888	1,944	2,979
Total Current Liabilities	11,522	10,851	11,285	13,463	14,037	11,482
Long-Term Debt	15,537	12,901	9,121	9,511	12,298	16,107
Long-Term Leases	1,019	849.94	904.45	754.71	643.28	624.77
Long-Term Deferred Tax Liabilities	46.44	163.14	204.15	96.34	98.98	61.56
Other Long-Term Liabilities	3,135	3,330	3,426	2,782	2,507	1,901
Total Liabilities	31,730	28,641	25,646	27,500	30,999	32,038
Common Stock	24,273	24,273	20,215	19,249	19,249	19,249
Retained Earnings	24,508	24,238	25,915	22,173	17,838	7,292
Treasury Stock	-565.51	-734.28	-150.18	-180	-152.41	-229.31
Comprehensive Income & Other	6,708	10,172	3,079	4,874	5,669	4,548
Total Common Equity	54,923	57,949	49,059	46,116	42,604	30,860
Minority Interest	201.24	225.03	179.9	182	211.37	224.94
Shareholders' Equity	55,124	58,174	49,239	46,298	42,816	31,085
Total Liabilities & Equity	86,854	86,814	74,885	73,799	73,815	63,123
Total Debt	19,519	14,917	12,196	13,663	14,983	18,395
Net Cash (Debt)	-10,546	-6,640	-6,852	-8,228	-8,196	-10,736
Net Cash Per Share	-5.12	-3.16	-3.25	-3.90	-3.80	-4.98
Filing Date Shares Outstanding	1,998	2,041	2,099	2,096	2,149	2,143
Total Common Shares Outstanding	1,998	2,041	2,099	2,096	2,149	2,143
Working Capital	21,785	21,818	17,913	17,795	18,604	11,927
Book Value Per Share	27.49	28.39	23.37	22.00	19.82	14.40
Tangible Book Value	42,249	43,695	37,860	34,067	29,667	18,134
Tangible Book Value Per Share	21.15	21.41	18.03	16.25	13.80	8.46
Land	-	12,744	10,873	10,430	10,221	9,940
Machinery	-	48,252	40,167	39,661	37,883	35,823
Construction In Progress	-	8,600	5,517	3,715	3,621	2,254

Updated Feb 19, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.