Metalúrgica Gerdau (B3: GOAU4) financial statements
The consolidated income statement, balance sheet and cash flow statement of Metalúrgica Gerdau for its last 10 fiscal years, as filed with the regulator, in millions of Brazilian reais. At the end of fiscal 2025 it had BRL 81,758m in total assets and BRL 19,131m in equity.
Income statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | BRL 69,859m | BRL 67,027m | BRL 68,916m | BRL 82,412m | BRL 78,345m | BRL 43,815m | BRL 39,644m | BRL 46,159m | BRL 36,918m | BRL 37,652m |
| Cost of sales | BRL 61,891m | BRL 57,823m | BRL 57,584m | BRL 63,661m | BRL 57,528m | BRL 37,884m | BRL 35,441m | BRL 40,010m | BRL 33,313m | BRL 34,188m |
| Gross profit | BRL 7,967m | BRL 9,203m | BRL 11,332m | BRL 18,751m | BRL 20,817m | BRL 5,931m | BRL 4,203m | BRL 6,149m | BRL 3,605m | BRL 3,464m |
| Operating profit | BRL 3,728m | BRL 7,474m | BRL 10,410m | BRL 17,689m | BRL 20,985m | BRL 5,186m | BRL 3,175m | BRL 4,023m | BRL 1,092m | −BRL 1,645m |
| Profit before tax | BRL 2,520m | BRL 5,478m | BRL 9,422m | BRL 15,871m | BRL 20,291m | BRL 3,491m | BRL 1,655m | BRL 2,089m | −BRL 109.8m | −BRL 2,852m |
| Income tax | BRL 1,106m | BRL 867.9m | BRL 1,837m | BRL 4,409m | BRL 4,737m | BRL 1,108m | BRL 457.8m | −BRL 151.3m | BRL 294.8m | BRL 313.0m |
| Net profit | BRL 476.5m | BRL 1,545m | BRL 2,560m | BRL 3,745m | BRL 5,063m | BRL 873.0m | BRL 425.1m | BRL 799.0m | −BRL 203.3m | −BRL 1,378m |
Balance sheet
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | BRL 81,758m | BRL 86,949m | BRL 75,232m | BRL 74,770m | BRL 74,613m | BRL 64,764m | BRL 54,049m | BRL 51,344m | BRL 50,352m | BRL 54,759m |
| Current assets | BRL 28,675m | BRL 32,803m | BRL 29,540m | BRL 32,220m | BRL 33,428m | BRL 25,039m | BRL 18,278m | BRL 17,563m | BRL 18,029m | BRL 17,916m |
| Cash | BRL 5,958m | BRL 7,862m | BRL 3,006m | BRL 2,476m | BRL 4,163m | BRL 4,617m | BRL 2,642m | BRL 2,891m | BRL 2,555m | BRL 5,140m |
| Total liabilities | BRL 27,900m | BRL 28,695m | BRL 25,659m | BRL 27,480m | BRL 30,990m | BRL 32,140m | BRL 26,821m | BRL 25,972m | BRL 27,009m | BRL 31,405m |
| Current liabilities | BRL 9,897m | BRL 10,905m | BRL 11,304m | BRL 13,494m | BRL 14,041m | BRL 11,590m | BRL 7,428m | BRL 9,156m | BRL 7,727m | BRL 9,047m |
| Equity | BRL 19,131m | BRL 20,036m | BRL 16,761m | BRL 16,457m | BRL 14,742m | BRL 11,699m | BRL 10,014m | BRL 9,345m | BRL 8,487m | BRL 8,585m |
| Equity including minorities | BRL 53,859m | BRL 58,254m | BRL 49,573m | BRL 47,289m | BRL 43,623m | BRL 32,624m | BRL 27,227m | BRL 25,372m | BRL 23,342m | BRL 23,354m |
| Minority interests | BRL 34,727m | BRL 38,218m | BRL 32,812m | BRL 30,832m | BRL 28,881m | BRL 20,926m | BRL 17,213m | BRL 16,027m | BRL 14,855m | BRL 14,770m |
Cash flow statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | BRL 7,984m | BRL 11,689m | BRL 11,855m | BRL 10,980m | BRL 13,193m | BRL 4,927m | BRL 1,601m | BRL 2,042m | BRL 2,051m | BRL 3,326m |
| Investing cash flow | −BRL 7,570m | −BRL 5,032m | −BRL 5,770m | −BRL 4,460m | −BRL 2,993m | −BRL 2,227m | −BRL 1,899m | BRL 2,383m | −BRL 535.5m | −BRL 428.0m |
| Financing cash flow | −BRL 1,781m | −BRL 2,903m | −BRL 4,844m | −BRL 8,088m | −BRL 10,660m | −BRL 1,016m | BRL 30.8m | −BRL 4,297m | −BRL 4,108m | −BRL 2,745m |
| Dividends paid | −BRL 1,247m | −BRL 1,568m | −BRL 3,402m | −BRL 5,221m | −BRL 6,164m | −BRL 278.9m | −BRL 456.2m | −BRL 567.8m | −BRL 92.9m | −BRL 51.4m |
Where each figure comes from
From the annual financial statements (DFP) that Metalúrgica Gerdau files with the CVM, the Brazilian securities regulator. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. If an item is not tagged in the filing, it is not in the table. The summary of the last fiscal year is on the Metalúrgica Gerdau page.
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Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.