GGB
Gerdau S.A.
NYSEUSDEQUITY
Basic Materials
DELAYED
Strong buy
+65/100
Last price
5.12
▼ 0.05 (0.97%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
5.27
Prev close
5.17
Day high
5.25
Day low
5.06
Volume
12.72M
Market cap
$10.04B
P/E (TTM)
23.27
52W range
3.13 – 5.48
Day trading desk
Gap from prior close
+1.93%
Prior close 5.17
VWAP
5.14
-0.36% from price
Relative volume
2.33×
Unusually busy
Session range
4.55%
5.06 – 5.29
Position in range
26%
Near session low
ATR (14D)
0.18
3.46% of price
Prior day high
5.48
PDH
Prior day low
5.08
PDL
Bid / ask spread
—
Quote not published
Session volume
30.48M
Avg 13.11M
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
+10.34%
+8.4%
1M
+3.02%
+1.9%
3M
+19.07%
+14.6%
6M
+35.09%
+16.9%
YTD
+38.75%
+24.5%
1Y
+56.57%
+40.2%
3Y
+28.81%
-53.4%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on GGB open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
373.00K
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Jun 8, 26 | MATTIELLO MARCOS ZILLES Unknown |
SELL | 10.39K | $53.08K | Direct |
| Jun 2, 26 | WANG CHIA YUAN Other Executive |
SELL | 30.93K | $138.90K | Direct |
| Jun 2, 26 | METZ MAURICIO Executive Vice President |
SELL | 7.00K | $33.95K | Direct |
| May 22, 26 | JAPUR RAFAEL DORNELES Chief Financial Officer |
SELL | 5.00K | $23.75K | Direct |
| May 13, 26 | METZ MAURICIO Executive Vice President |
SELL | 5.00K | $24.25K | Direct |
| May 5, 26 | WANG CHIA YUAN Unknown |
SELL | 40.00K | $190.00K | Direct |
| Apr 30, 26 | WANG CHIA YUAN Unknown |
SELL | 20.00K | $90.80K | Direct |
| Apr 28, 26 | WANG CHIA YUAN Other Executive |
SELL | 76.70K | $344.38K | Direct |
| Apr 28, 26 | METZ MAURICIO Executive Vice President |
SELL | 1.00K | $4.53K | Direct |
| Apr 28, 26 | UHLEIN CLEMIR Other Executive |
SELL | 38.28K | $172.63K | Direct |
| Apr 10, 26 | WANG CHIA YUAN Unknown |
SELL | 25.00K | $105.25K | Direct |
| Apr 9, 26 | WAHRHAFTIG MARCOS EDUARDO FARACO Executive Vice President |
SELL | 12.42K | $50.42K | Direct |
| Apr 8, 26 | WANG CHIA YUAN Unknown |
SELL | 34.00K | $136.00K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
JAPUR RAFAEL DORNELES |
Chief Financial Officer | 96.97K | Sale |
MATTIELLO MARCOS ZILLES |
Unknown | 9.00K | Sale |
METZ MAURICIO |
Executive Vice President | 22.54K | Sale |
UHLEIN CLEMIR |
Other Executive | 0 | Sale |
WAHRHAFTIG MARCOS EDUARDO FARACO |
Executive Vice President | 0 | Sale |
WANG CHIA YUAN |
Other Executive | 882 | Sale |
Fundamentals
Market cap$10.04B
Enterprise value$19.96B
Revenue (TTM)$69.54B
Gross profit$9.11B
EBITDA$9.99B
Net income$2.24B
EPS (TTM)$0.22
Free cash flow$2.65B
Total cash$5.45B
Total debt$15.17B
Book value / share$5.32
Shares outstanding1.24B
Float1.26B
Short % of float5.36%
Dividend yield3.49%
Beta (5Y)0.89
Valuation & profitability ratios
Trailing P/E23.27
Forward P/E8.51
PEG ratio90.95
Price / sales—
Price / book0.96
EV / revenue0.29
EV / EBITDA2.00
Gross margin13.10%
Operating margin12.75%
Profit margin3.22%
Return on equity4.18%
Return on assets5.03%
Debt / equity28.23
Current ratio2.87
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $69.86B | $67.03B | $68.92B | $82.41B | +4.2% |
| Operating revenue | $77.42B | $74.82B | $76.85B | $93.23B | +3.5% |
| Cost of revenue | $61.89B | $57.82B | $57.58B | $63.66B | +7.0% |
| Gross profit | $7.97B | $9.20B | $11.33B | $18.75B | -13.4% |
| Selling, general & admin | $2.12B | $2.17B | $2.21B | $2.19B | -2.1% |
| Total operating expense | $2.36B | $2.79B | $1.71B | $2.15B | -15.4% |
| Operating income | $5.61B | $6.41B | $9.63B | $16.60B | -12.6% |
| Net interest income | -$1.67B | -$1.14B | -$1.04B | -$1.35B | -47.0% |
| Pre-tax income | $2.52B | $5.46B | $9.35B | $15.86B | -53.8% |
| Tax provision | $1.11B | $864.65M | $1.81B | $4.38B | +27.9% |
| Net income | $1.39B | $4.57B | $7.50B | $11.43B | -69.6% |
| Net income to common | $1.39B | $4.57B | $7.50B | $11.43B | -69.6% |
| Basic EPS | 0.72 | 2.25 | 3.59 | 5.36 | -68.1% |
| Diluted EPS | 0.72 | 2.25 | 3.59 | 5.34 | -68.1% |
| EBIT | $3.88B | $6.26B | $10.19B | $16.82B | -38.0% |
| EBITDA | $7.57B | $9.39B | $13.23B | $19.69B | -19.4% |
| Basic shares | 1.98B | 2.09B | 2.10B | 2.13B | -5.5% |
| Diluted shares | 1.98B | 2.04B | 2.10B | 2.14B | -3.2% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $5.93B | $7.77B | $3.01B | $2.48B | -23.7% |
| Cash & short-term investments | $6.37B | $8.28B | $5.34B | $5.43B | -23.0% |
| Accounts receivable | $4.81B | $5.18B | $4.88B | $5.00B | -7.1% |
| Inventory | $14.73B | $16.50B | $15.23B | $17.82B | -10.7% |
| Total current assets | $28.61B | $32.67B | $29.20B | $31.26B | -12.4% |
| Property, plant & equipment | $31.91B | $30.76B | $24.06B | $21.38B | +3.7% |
| Goodwill & intangibles | $12.69B | $14.25B | $11.20B | $12.05B | -11.0% |
| Total assets | $81.69B | $86.81B | $74.89B | $73.80B | -5.9% |
| Total current liabilities | $9.89B | $10.85B | $11.28B | $13.46B | -8.9% |
| Current debt | $941.90M | $735.04M | $1.80B | $3.12B | +28.1% |
| Long-term debt | $13.24B | $12.90B | $9.12B | $9.51B | +2.6% |
| Total debt | $15.57B | $14.92B | $12.20B | $13.66B | +4.4% |
| Total liabilities | $27.89B | $28.64B | $25.65B | $27.50B | -2.6% |
| Retained earnings | $23.05B | $24.24B | $25.91B | $22.17B | -4.9% |
| Shareholder equity | $53.59B | $57.95B | $49.06B | $46.12B | -7.5% |
| Working capital | $18.72B | $21.82B | $17.91B | $17.79B | -14.2% |
| Net tangible assets | $40.90B | $43.70B | $37.86B | $34.07B | -6.4% |
| Shares issued | 2.00B | 2.08B | 2.11B | 2.11B | -3.7% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $1.42B | $4.60B | $7.54B | $11.48B | -69.2% |
| Depreciation & amortisation | $3.68B | $3.13B | $3.05B | $2.87B | +17.8% |
| Change in working capital | $613.76M | $1.37B | $114.23M | -$4.63B | -55.3% |
| Operating cash flow | $7.99B | $11.38B | $11.14B | $11.15B | -29.8% |
| Capital expenditure | -$6.85B | -$5.95B | -$5.34B | -$4.48B | -15.2% |
| Investing cash flow | -$7.57B | -$5.03B | -$5.77B | -$4.46B | -50.4% |
| Share buybacks | -$1.17B | -$1.19B | $0 | -$1.07B | +2.1% |
| Dividends paid | -$1.29B | -$1.66B | -$2.68B | -$5.89B | +22.4% |
| Financing cash flow | -$1.72B | -$2.69B | -$4.13B | -$8.26B | +36.1% |
| Free cash flow | $1.13B | $5.43B | $5.80B | $6.67B | -79.1% |
| End cash position | $5.93B | $7.77B | $3.01B | $2.48B | -23.7% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $17.87B | $16.72B | $16.97B | $17.98B | $17.53B | +6.9% |
| Operating revenue | $17.87B | $16.72B | $24.53B | $17.98B | $17.53B | +6.9% |
| Cost of revenue | $15.04B | $14.42B | $15.13B | $15.84B | $15.50B | +4.3% |
| Gross profit | $2.83B | $2.29B | $1.85B | $2.14B | $2.03B | +23.3% |
| Selling, general & admin | $517.25M | $521.88M | $508.62M | $512.39M | $556.91M | -0.9% |
| Total operating expense | $532.29M | $541.98M | $645.89M | $572.09M | $576.32M | -1.8% |
| Operating income | $2.30B | $1.75B | $1.20B | $1.57B | $1.45B | +31.1% |
| Net interest income | -$340.37M | -$374.40M | -$517.16M | -$430.07M | -$315.87M | +9.1% |
| Pre-tax income | $2.02B | $1.51B | -$1.14B | $1.44B | $1.15B | +33.8% |
| Tax provision | $558.58M | $500.10M | $153.61M | $346.08M | $286.10M | +11.7% |
| Net income | $1.47B | $1.00B | -$1.30B | $1.08B | $864.50M | +46.3% |
| Net income to common | $1.47B | $1.00B | $428.25M | $389.05M | $864.50M | +46.3% |
| Basic EPS | 0.74 | 0.51 | -0.66 | 0.54 | 0.43 | +45.1% |
| Diluted EPS | 0.74 | 0.51 | -0.66 | 0.54 | 0.43 | +45.1% |
| EBIT | $2.48B | $1.80B | -$714.73M | $1.79B | $1.61B | +38.0% |
| EBITDA | $3.40B | $2.70B | $220.92M | $2.73B | $2.54B | +25.9% |
| Basic shares | 1.98B | 1.97B | 1.98B | 1.99B | 2.01B | +0.4% |
| Diluted shares | 1.98B | 1.98B | 1.98B | 2.00B | 2.01B | -0.1% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $5.16B | $5.28B | $5.93B | $9.39B | $8.50B | -2.3% |
| Cash & short-term investments | $5.44B | $5.59B | $6.37B | $9.87B | $8.97B | -2.7% |
| Accounts receivable | $6.00B | $5.86B | $4.81B | $5.88B | $5.80B | +2.3% |
| Inventory | $16.10B | $15.19B | $14.73B | $15.27B | $16.04B | +6.0% |
| Total current assets | $29.44B | $28.57B | $28.61B | $33.40B | $33.31B | +3.0% |
| Property, plant & equipment | $32.28B | $32.01B | $31.91B | $32.27B | $32.10B | +0.9% |
| Goodwill & intangibles | $11.97B | $12.06B | $12.69B | $12.67B | $12.67B | -0.8% |
| Total assets | $81.97B | $81.05B | $81.69B | $87.26B | $86.85B | +1.1% |
| Total current liabilities | $10.26B | $10.36B | $9.89B | $12.35B | $11.52B | -1.0% |
| Current debt | $629.75M | $909.84M | $941.90M | $3.32B | $2.55B | -30.8% |
| Long-term debt | $12.93B | $12.92B | $13.24B | $15.33B | $15.54B | +0.0% |
| Total debt | $15.17B | $15.37B | $15.57B | $19.99B | $19.52B | -1.3% |
| Total liabilities | $28.24B | $28.08B | $27.89B | $32.52B | $31.73B | +0.6% |
| Retained earnings | $22.59B | $23.72B | $23.05B | $22.91B | $23.14B | -4.8% |
| Shareholder equity | $53.54B | $52.77B | $53.59B | $54.54B | $54.92B | +1.5% |
| Working capital | $19.18B | $18.21B | $18.72B | $21.05B | $21.78B | +5.3% |
| Net tangible assets | $41.58B | $40.71B | $40.90B | $41.87B | $42.25B | +2.1% |
| Shares issued | 1.99B | 1.99B | 2.00B | 2.01B | 2.03B | -0.4% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | $1.47B | $1.01B | -$1.29B | $1.09B | $864.50M | +44.7% |
| Depreciation & amortisation | $920.77M | $902.39M | $935.65M | $937.55M | $936.54M | +2.0% |
| Change in working capital | -$802.54M | -$1.30B | $1.86B | $406.76M | -$419.89M | +38.4% |
| Operating cash flow | $1.54B | $1.51B | $3.15B | $2.93B | $1.01B | +1.7% |
| Capital expenditure | -$1.10B | -$1.21B | -$1.52B | -$1.76B | -$1.70B | +8.5% |
| Investing cash flow | -$1.10B | -$1.20B | -$1.54B | -$1.73B | -$1.92B | +8.6% |
| Share buybacks | -$104.88M | -$206.39M | -$183.49M | -$213.32M | -$491.61M | +49.2% |
| Dividends paid | -$363.01M | -$187.04M | -$573.99M | -$248.29M | -$260.77M | -94.1% |
| Financing cash flow | -$539.01M | -$723.38M | -$5.38B | -$103.29M | $3.17B | +25.5% |
| Free cash flow | $432.48M | $304.16M | $1.63B | $1.16B | -$685.96M | +42.2% |
| End cash position | $5.16B | $5.28B | $5.93B | $9.39B | $8.50B | -2.3% |
Options analytics
Put / call volume
1.00
Call-heavy session
Put / call open interest
0.01
Positioning, not flow
Max pain
5.00
-2.3% from spot
ATM implied vol
55.1%
Nearest strike to spot
Skew (10% OTM)
+5.9%
Puts bid over calls
Call volume
13
Contracts, this expiry
Put volume
13
Contracts, this expiry
Heaviest call OI
5.00
1.72K contracts
Heaviest put OI
5.00
9 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.80 | 0.74 | -7.7% |
| Mar 2026 | 0.76 | 0.51 | -32.9% |
| Dec 2025 | 0.45 | 0.34 | -24.2% |
| Sep 2025 | 0.58 | 0.54 | -7.0% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.98 | 2 | $18.61B | +3.5% |
| Next quarter | 0.68 | 2 | $17.63B | +3.8% |
| Current year | 2.87 | 3 | $70.68B | +1.2% |
| Next year | 3.01 | 3 | $73.10B | +3.4% |
Analyst targets & ownership
Mean target$5.86
High target$6.68
Low target$5.18
Implied upside14.41%
Analyst count5
ConsensusNONE
Strong buy / Buy2 / 1
Hold2
Sell / Strong sell0 / 0
Held by insiders0.02%
Held by institutions31.12%
Institutions holding290
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
4.88
+4.98% from price
SMA 20
4.95
+3.40% from price
SMA 50
4.85
+5.64% from price
SMA 100
4.69
+9.25% from price
SMA 200
4.36
+17.34% from price
EMA 12
4.94
+3.62% from price
EMA 26
4.89
+4.60% from price
EMA 50
4.82
+6.17% from price
RSI (14)
58.5
Neutral
MACD (12,26,9)
0.05
Hist 0.02
ATR (14)
0.18
3.46% of price
Realised vol 30D
39.9%
Annualised
Bollinger upper
5.25
20, 2σ
Bollinger lower
4.66
20, 2σ
50 / 200 cross
Golden
4.85 vs 4.36
Trend bias
Above 200
+17.34%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
1.28
More volatile than market
Correlation to SPY
0.46
Loosely linked
Realised vol 30D
39.9%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-28.7%
Peak to trough
Max drawdown 5Y
-55.8%
Peak to trough
ATR 14
0.18
3.46% of price
Beta (reported)
0.89
5Y monthly, from filing
Short interest
Shares short
43.25M
Prior 34.75M
Change vs prior
+24.5%
Shorts adding
% of float
5.36%
Normal
% of shares out
2.20%
Against total outstanding
Days to cover
3.8
Liquid
Float
1.26B
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Sep 4, 26 | JP Morgan | MAINTAINED | Overweight | Overweight |
| Aug 27, 26 | UBS | MAINTAINED | Buy | Buy |
| Jun 25, 26 | JP Morgan | MAINTAINED | Overweight | Overweight |
| Apr 29, 26 | UBS | MAINTAINED | Buy | Buy |
| Apr 13, 26 | JP Morgan | MAINTAINED | Overweight | Overweight |
| Apr 2, 26 | UBS | MAINTAINED | Buy | Buy |
| Dec 15, 25 | UBS | MAINTAINED | Buy | Buy |
| Jun 9, 25 | UBS | UPGRADE | Neutral | Buy |
| Apr 30, 25 | UBS | MAINTAINED | Neutral | Neutral |
| Mar 12, 25 | UBS | INITIATED | — | Neutral |
| May 24, 24 | B of A Securities | UPGRADE | Neutral | Buy |
| Apr 15, 24 | JP Morgan | UPGRADE | Neutral | Overweight |
Dividends & splits
Forward rate$0.18 / yr
Forward yield3.49%
5-year avg yield5.54%
Payout ratio58.75%
Ex-dividend dateAug 21, 2026
Next pay dateSep 18, 2026
Last split6:5
Split dateApr 18, 2024
SEC filings
Corporate Changes & Voting Matters
6-K · 2026-09-01
Corporate Changes & Voting Matters
6-K · 2026-08-06
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Specialized Disclosure Report filed pursuant to Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act relating to the use of conflict minerals (Rule 13p-1)
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Headlines
Gerdau (GGB) Could Be a Great Choice
Zacks · 12d ago
Are You Looking for a High-Growth Dividend Stock?
Zacks · 28d ago
Why Gerdau (GGB) is a Great Dividend Stock Right Now
Zacks · 44d ago
Gerdau Shares Lower After BofA Downgrade
MT Newswires · 47d ago
BofA Downgrades Gerdau to Neutral From Buy
MT Newswires · 48d ago
Gerdau Q2 Earnings Call Highlights
MarketBeat · 60d ago
Why Gerdau (GGB) is a Top Dividend Stock for Your Portfolio
Zacks · 61d ago
Gerdau SA (GGB) (Q2 2026) Earnings Call Highlights: North American Strength Drives Best EBITDA ...
GuruFocus.com · 62d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.