Gerdau SA ADR (GGB) — Cash Flow Reinvestment Rate

Latest as of June 2026: 0.72x

Gerdau SA ADR (GGB) has a Cash Flow Reinvestment Rate of 0.72x as of June 2026, reinvesting $1.10 Billion (capex $1.10 Billion ) from operating cash flow of $1.54 Billion. See GGB free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.72x
(Capex + Investments) / Operating CF

Total Reinvested

$1.10 Billion
Capex + Investments

Operating Cash Flow

$1.54 Billion
USD

Capital Expenditures

$1.10 Billion
USD

Gerdau SA ADR Cash Flow Reinvestment Rate (1998–2025)

Historical reinvestment intensity for Gerdau SA ADR across 28 annual periods. For the full cash flow conversion analysis, see Gerdau SA ADR cash flow conversion.

Annual Cash Flow Reinvestment Rate for Gerdau SA ADR (1998–2025)

Year-by-year capital reinvestment analysis for Gerdau SA ADR. See financial agility of Gerdau SA ADR to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.86x $6.85 Billion $7.99 Billion $6.85 Billion ▼ -11.1%
2024 0.96x $10.98 Billion $11.38 Billion $5.95 Billion ▼ -1.1%
2023 0.98x $10.87 Billion $11.14 Billion $5.34 Billion ▲ +21.7%
2022 0.80x $8.94 Billion $11.15 Billion $4.48 Billion ▲ +203.6%
2021 0.26x $3.31 Billion $12.52 Billion $3.19 Billion ▼ -58.0%
2020 0.63x $4.03 Billion $6.41 Billion $1.81 Billion ▼ -72.4%
2019 2.28x $3.75 Billion $1.64 Billion $1.85 Billion ▲ +25.1%
2018 1.82x $3.65 Billion $2.00 Billion $1.26 Billion ▲ +161.6%
2017 0.70x $1.45 Billion $2.08 Billion $911.27 Million ▲ +0.1%
2016 0.70x $2.45 Billion $3.52 Billion $1.38 Billion ▲ +103.4%
2015 0.34x $2.45 Billion $7.16 Billion $2.45 Billion ▼ -64.1%
2014 0.95x $2.45 Billion $2.57 Billion $2.41 Billion ▲ +35.3%
2013 0.70x $2.89 Billion $4.10 Billion $2.76 Billion ▼ -6.9%
2012 0.76x $3.28 Billion $4.34 Billion $3.28 Billion ▼ -38.5%
2011 1.23x $2.10 Billion $1.71 Billion $2.10 Billion ▲ +268.0%
2010 0.33x $1.38 Billion $4.14 Billion $1.38 Billion ▲ +54.1%
2009 0.22x $1.38 Billion $6.35 Billion $1.38 Billion ▼ -71.2%
2008 0.75x $2.74 Billion $3.64 Billion $2.74 Billion ▲ +75.0%
2007 0.43x $2.77 Billion $6.44 Billion $2.77 Billion ▼ -39.6%
2006 0.71x $2.21 Billion $3.10 Billion $2.21 Billion ▼ -64.7%
2005 2.02x $1.63 Billion $805.74 Million $1.63 Billion ▲ +390.7%
2004 0.41x $1.17 Billion $2.84 Billion $1.17 Billion ▼ -35.2%
2003 0.64x $859.07 Million $1.35 Billion $859.07 Million ▲ +19.8%
2002 0.53x $658.02 Million $1.24 Billion $658.02 Million ▼ -32.1%
2001 0.78x $566.69 Million $725.41 Million $566.69 Million ▼ -33.5%
2000 1.17x $516.33 Million $439.68 Million $516.33 Million ▲ +14.0%
1999 1.03x $557.14 Million $540.63 Million $557.14 Million ▼ -19.5%
1998 1.28x $416.59 Million $325.25 Million $416.59 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow