Gerdau S.A (GGBR3) — Cash Flow Reinvestment Rate

Latest as of March 2026: 0.80x

Gerdau S.A (GGBR3) has a Cash Flow Reinvestment Rate of 0.80x as of March 2026, reinvesting R$1.21 Billion (capex R$1.21 Billion ) from operating cash flow of R$1.51 Billion. See Gerdau S.A free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.80x
(Capex + Investments) / Operating CF

Total Reinvested

R$1.21 Billion
Capex + Investments

Operating Cash Flow

R$1.51 Billion
BRL

Capital Expenditures

R$1.21 Billion
BRL

Gerdau S.A Cash Flow Reinvestment Rate (1998–2025)

Historical reinvestment intensity for Gerdau S.A across 28 annual periods. For the full cash flow conversion analysis, see Gerdau S.A cash conversion from operations.

Annual Cash Flow Reinvestment Rate for Gerdau S.A (1998–2025)

Year-by-year capital reinvestment analysis for Gerdau S.A. See Gerdau S.A free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (BRL) Operating CF Capex YoY Change
2025 0.86x R$6.68 Billion R$7.73 Billion R$6.68 Billion ▼ -10.5%
2024 0.96x R$10.98 Billion R$11.38 Billion R$5.95 Billion ▼ -1.1%
2023 0.98x R$10.87 Billion R$11.14 Billion R$5.34 Billion ▲ +21.7%
2022 0.80x R$8.94 Billion R$11.15 Billion R$4.48 Billion ▲ +211.7%
2021 0.26x R$3.22 Billion R$12.52 Billion R$3.19 Billion ▼ -10.8%
2020 0.29x R$1.85 Billion R$6.41 Billion R$1.81 Billion ▼ -75.3%
2019 1.17x R$1.92 Billion R$1.64 Billion R$1.85 Billion ▲ +42.8%
2018 0.82x R$1.64 Billion R$2.00 Billion R$1.26 Billion ▲ +56.0%
2017 0.52x R$1.09 Billion R$2.08 Billion R$911.27 Million ▼ -24.6%
2016 0.70x R$2.45 Billion R$3.52 Billion R$1.38 Billion ▲ +100.0%
2015 0.35x R$2.49 Billion R$7.16 Billion R$2.45 Billion ▼ -63.5%
2014 0.95x R$2.45 Billion R$2.57 Billion R$2.41 Billion ▲ +35.3%
2013 0.70x R$2.89 Billion R$4.10 Billion R$2.76 Billion ▼ -6.9%
2012 0.76x R$3.28 Billion R$4.34 Billion R$3.28 Billion ▼ -38.5%
2011 1.23x R$2.10 Billion R$1.71 Billion R$2.10 Billion ▲ +268.0%
2010 0.33x R$1.38 Billion R$4.14 Billion R$1.38 Billion ▲ +54.1%
2009 0.22x R$1.38 Billion R$6.35 Billion R$1.38 Billion ▼ -71.7%
2008 0.77x R$2.74 Billion R$3.58 Billion R$2.74 Billion ▲ +91.4%
2007 0.40x R$2.37 Billion R$5.91 Billion R$2.37 Billion ▼ -43.9%
2006 0.71x R$2.21 Billion R$3.10 Billion R$2.21 Billion ▼ -64.7%
2005 2.02x R$1.63 Billion R$805.74 Million R$1.63 Billion ▲ +425.7%
2004 0.38x R$1.17 Billion R$3.05 Billion R$1.17 Billion ▼ -39.5%
2003 0.64x R$859.07 Million R$1.35 Billion R$859.07 Million ▲ +19.8%
2002 0.53x R$658.02 Million R$1.24 Billion R$658.02 Million ▼ -32.1%
2001 0.78x R$566.69 Million R$725.41 Million R$566.69 Million ▼ -33.5%
2000 1.17x R$516.33 Million R$439.68 Million R$516.33 Million ▲ +14.0%
1999 1.03x R$557.14 Million R$540.63 Million R$557.14 Million ▼ -19.5%
1998 1.28x R$416.59 Million R$325.25 Million R$416.59 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow