Gerdau S.A Capital Reinvestment Ratio
Gerdau S.A capital reinvestment ratio. 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 how much free cash does Gerdau S.A generate to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Gerdau S.A (1998–2025)
Capital reinvestment ratio of Gerdau S.A from 1998 to 2025. This chart tracks Gerdau S.A's Capital Reinvestment Ratio across 28 annual periods. See Gerdau S.A free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
Gerdau S.A Capital Reinvestment Ratio by Year (1998–2025)
Gerdau S.A capital reinvestment ratio by year from 1998 to 2025. For the full cash flow conversion analysis, see how efficiently does Gerdau S.A generate cash.
| 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 | — |