Brazil steel import protections drive expectations of higher Gerdau profits
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.
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $67.03B | $68.92B | $82.41B | $78.35B | $43.81B | $39.64B | $46.16B | $36.92B |
| Cost of Revenue | $57.82B | $57.58B | $63.66B | $57.53B | $37.88B | $35.44B | $40.01B | $33.31B |
| Gross Profit | $9.20B | $11.33B | $18.75B | $20.82B | $5.93B | $4.20B | $6.15B | $3.60B |
| Gross Margin | 13.73% | 16.44% | 22.75% | 26.57% | 13.54% | 10.60% | 13.32% | 9.76% |
| Operating Expenses | $2.86B | $2.31B | $1.38B | $-1.24B | $66.03M | $1.02B | $2.10B | $2.50B |
| Operating Income | $6.34B | $9.02B | $17.37B | $22.06B | $5.86B | $3.18B | $4.05B | $1.10B |
| Operating Margin | 9.46% | 13.09% | 21.07% | 28.16% | 13.38% | 8.03% | 8.77% | 2.98% |
| Net Income | $4.57B | $7.50B | $11.43B | $15.49B | $2.37B | $1.22B | $2.33B | $-338.67M |
| Net Margin | 6.81% | 10.89% | 13.86% | 19.78% | 5.40% | 3.07% | 5.04% | -0.92% |
| EPS (Basic) | $2.18 | $3.55 | $6.22 | $8.69 | $1.34 | $0.68 | $1.31 | $-0.19 |
| EBITDA | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Stock Option Compensation Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price To Earnings Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price To Sales Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Shares Outstanding | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Market Capitalization | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |