Metalurgica Gerdau S.A (GOAU3) — Capital Reinvestment Ratio
Metalurgica Gerdau S.A (GOAU3) has a Capital Reinvestment Ratio of 0.72x as of June 2026, meaning it reinvests 1% of its operating cash flow (R$1.47 Billion) in capital expenditures (R$1.06 Billion). Check Metalurgica Gerdau S.A tangible equity quality to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Metalurgica Gerdau S.A Capital Reinvestment Ratio (2004–2025)
This chart tracks Metalurgica Gerdau S.A's Capital Reinvestment Ratio across 22 annual periods. For the full cash flow conversion analysis, see GOAU3 cash flow conversion.
Annual Capital Reinvestment Ratio for Metalurgica Gerdau S.A (2004–2025)
Year-by-year Capital Reinvestment Ratio for Metalurgica Gerdau S.A from 2004 to 2025. See GOAU3 cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (BRL) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.86x | R$7.73 Billion | R$6.68 Billion | ▲ +69.9% |
| 2024 | 0.51x | R$11.69 Billion | R$5.95 Billion | ▲ +15.8% |
| 2023 | 0.44x | R$11.85 Billion | R$5.21 Billion | ▲ +2447.7% |
| 2022 | 0.02x | R$10.98 Billion | R$189.38 Million | ▲ +36.8% |
| 2021 | 0.01x | R$13.19 Billion | R$166.31 Million | ▼ -59.7% |
| 2020 | 0.03x | R$4.93 Billion | R$154.25 Million | ▼ -97.3% |
| 2019 | 1.15x | R$1.60 Billion | R$1.85 Billion | ▲ +86.5% |
| 2018 | 0.62x | R$2.04 Billion | R$1.26 Billion | ▲ +39.2% |
| 2017 | 0.44x | R$2.05 Billion | R$911.27 Million | ▲ +7.2% |
| 2016 | 0.41x | R$3.33 Billion | R$1.38 Billion | ▲ +14.6% |
| 2015 | 0.36x | R$6.78 Billion | R$2.45 Billion | ▼ -61.8% |
| 2014 | 0.95x | R$2.55 Billion | R$2.41 Billion | ▲ +35.8% |
| 2013 | 0.70x | R$3.96 Billion | R$2.76 Billion | ▼ -9.3% |
| 2012 | 0.77x | R$4.27 Billion | R$3.28 Billion | ▼ -37.5% |
| 2011 | 1.23x | R$1.71 Billion | R$2.10 Billion | ▲ +268.0% |
| 2010 | 0.33x | R$4.14 Billion | R$1.38 Billion | ▲ +60.9% |
| 2009 | 0.21x | R$6.65 Billion | R$1.38 Billion | ▼ -73.9% |
| 2008 | 0.80x | R$3.47 Billion | R$2.76 Billion | ▲ +82.9% |
| 2007 | 0.43x | R$6.34 Billion | R$2.76 Billion | ▼ -56.0% |
| 2006 | 0.99x | R$2.40 Billion | R$2.37 Billion | ▲ +198.5% |
| 2005 | 0.33x | R$4.96 Billion | R$1.64 Billion | ▼ -15.2% |
| 2004 | 0.39x | R$3.01 Billion | R$1.17 Billion | — |