Gerdau S.A (GGBR3) — Capital Reinvestment Ratio
Latest as of March 2026:
0.80x
Gerdau S.A (GGBR3) has a Capital Reinvestment Ratio of 0.80x as of March 2026, meaning it reinvests 1% of its operating cash flow (R$1.51 Billion) in capital expenditures (R$1.21 Billion). See GGBR3 FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.80x
Capex / Operating Cash Flow
Operating Cash Flow
R$1.51 Billion
BRL
Capital Expenditures
R$1.21 Billion
BRL
Data as of
Mar 2026
Most recent filing
Gerdau S.A Capital Reinvestment Ratio (1998–2025)
This chart tracks Gerdau S.A's Capital Reinvestment Ratio across 28 annual periods.
Annual Capital Reinvestment Ratio for Gerdau S.A (1998–2025)
Year-by-year Capital Reinvestment Ratio for Gerdau S.A from 1998 to 2025. For live market cap and broader valuation context, see how much is Gerdau S.A worth.
| Year | Reinvestment Ratio | Operating CF (BRL) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.86x | R$7.73 Billion | R$6.68 Billion | ▲ +65.3% |
| 2024 | 0.52x | R$11.38 Billion | R$5.95 Billion | ▲ +9.1% |
| 2023 | 0.48x | R$11.14 Billion | R$5.34 Billion | ▲ +19.2% |
| 2022 | 0.40x | R$11.15 Billion | R$4.48 Billion | ▲ +57.6% |
| 2021 | 0.26x | R$12.52 Billion | R$3.19 Billion | ▼ -9.5% |
| 2020 | 0.28x | R$6.41 Billion | R$1.81 Billion | ▼ -74.9% |
| 2019 | 1.12x | R$1.64 Billion | R$1.85 Billion | ▲ +78.1% |
| 2018 | 0.63x | R$2.00 Billion | R$1.26 Billion | ▲ +43.8% |
| 2017 | 0.44x | R$2.08 Billion | R$911.27 Million | ▲ +12.0% |
| 2016 | 0.39x | R$3.52 Billion | R$1.38 Billion | ▲ +14.5% |
| 2015 | 0.34x | R$7.16 Billion | R$2.45 Billion | ▼ -63.5% |
| 2014 | 0.94x | R$2.57 Billion | R$2.41 Billion | ▲ +39.3% |
| 2013 | 0.67x | R$4.10 Billion | R$2.76 Billion | ▼ -11.0% |
| 2012 | 0.76x | R$4.34 Billion | R$3.28 Billion | ▼ -38.5% |
| 2011 | 1.23x | R$1.71 Billion | R$2.10 Billion | ▲ +268.0% |
| 2010 | 0.33x | R$4.14 Billion | R$1.38 Billion | ▲ +54.1% |
| 2009 | 0.22x | R$6.35 Billion | R$1.38 Billion | ▼ -71.7% |
| 2008 | 0.77x | R$3.58 Billion | R$2.74 Billion | ▲ +91.4% |
| 2007 | 0.40x | R$5.91 Billion | R$2.37 Billion | ▼ -43.9% |
| 2006 | 0.71x | R$3.10 Billion | R$2.21 Billion | ▼ -64.7% |
| 2005 | 2.02x | R$805.74 Million | R$1.63 Billion | ▲ +425.7% |
| 2004 | 0.38x | R$3.05 Billion | R$1.17 Billion | ▼ -39.5% |
| 2003 | 0.64x | R$1.35 Billion | R$859.07 Million | ▲ +19.8% |
| 2002 | 0.53x | R$1.24 Billion | R$658.02 Million | ▼ -32.1% |
| 2001 | 0.78x | R$725.41 Million | R$566.69 Million | ▼ -33.5% |
| 2000 | 1.17x | R$439.68 Million | R$516.33 Million | ▲ +14.0% |
| 1999 | 1.03x | R$540.63 Million | R$557.14 Million | ▼ -19.5% |
| 1998 | 1.28x | R$325.25 Million | R$416.59 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow