Gerdau SA ADR (GGB) - Net Assets

Latest as of December 2025: $53.80 Billion USD

Based on the latest financial reports, Gerdau SA ADR (GGB) has net assets worth $53.80 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($81.69 Billion) and total liabilities ($27.89 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Gerdau SA ADR (GGB) total assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric Value
Current Net Assets $53.80 Billion
% of Total Assets 65.86%
Annual Growth Rate 14.25%
5-Year Change 25.65%
10-Year Change 121.62%
Growth Volatility 24.72

Gerdau SA ADR - Net Assets Trend (1998–2025)

This chart illustrates how Gerdau SA ADR's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see GGB stock market capitalisation.

Annual Net Assets for Gerdau SA ADR (1998–2025)

The table below shows the annual net assets of Gerdau SA ADR from 1998 to 2025. Explore how efficiently does Gerdau SA ADR generate cash to assess how effectively this company generates cash.

Year Net Assets Change
2025-12-31 $53.80 Billion -7.52%
2024-12-31 $58.17 Billion +18.15%
2023-12-31 $49.24 Billion +6.35%
2022-12-31 $46.30 Billion +8.13%
2021-12-31 $42.82 Billion +37.74%
2020-12-31 $31.09 Billion +14.40%
2019-12-31 $27.17 Billion +4.76%
2018-12-31 $25.94 Billion +8.56%
2017-12-31 $23.89 Billion -1.57%
2016-12-31 $24.27 Billion -24.07%
2015-12-31 $31.97 Billion -3.86%
2014-12-31 $33.25 Billion +3.85%
2013-12-31 $32.02 Billion +11.19%
2012-12-31 $28.80 Billion +8.59%
2011-12-31 $26.52 Billion +31.63%
2010-12-31 $20.15 Billion -8.44%
2009-12-31 $22.00 Billion -12.13%
2008-12-31 $25.04 Billion +43.40%
2007-12-31 $17.46 Billion +66.09%
2006-12-31 $10.51 Billion +0.86%
2005-12-31 $10.43 Billion +24.03%
2004-12-31 $8.41 Billion +74.65%
2003-12-31 $4.81 Billion +15.83%
2002-12-31 $4.15 Billion +67.98%
2001-12-31 $2.47 Billion +14.50%
2000-12-31 $2.16 Billion -0.71%
1999-12-31 $2.18 Billion +47.66%
1998-12-31 $1.47 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Gerdau SA ADR's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 4189.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings $23.05 Billion 43.02%
Common Stock $24.27 Billion 45.30%
Other Comprehensive Income $6.78 Billion 12.65%
Total Equity $53.59 Billion 100.00%

Gerdau SA ADR Competitors by Market Cap

The table below lists competitors of Gerdau SA ADR ranked by their market capitalization.

Company Market Cap
Home BancShares Inc
NYSE:HOMB
 $5.43 Billion
CD PROJEKT (UNSP.ADR)1/4
F:7CD0
 $5.43 Billion
REINET INVESTMENTS S.C.A.
F:RNT
 $5.43 Billion
Almonty Industries Inc
AU:AII
 $5.43 Billion
Axiata Group Bhd
KLSE:6888
 $5.42 Billion
3Peak Inc
SHG:688536
 $5.41 Billion
Kite Realty Group Trust
NYSE:KRG
 $5.41 Billion
GREEK O.FOOTB. ADR 1/2
F:GF8A
 $5.41 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Gerdau SA ADR's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 57,948,759,000 to 53,585,393,000, a change of -4,363,366,000 (-7.5%).
  • Net income of 1,387,020,000 contributed positively to equity growth.
  • Dividend payments of 1,285,673,000 reduced retained earnings.
  • Share repurchases of 1,169,314,000 reduced equity.
  • Other comprehensive income decreased equity by 6,298,531,000.
  • Other factors increased equity by 3,003,132,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income $1.39 Billion +2.59%
Dividends Paid $1.29 Billion -2.4%
Share Repurchases $1.17 Billion -2.18%
Other Comprehensive Income $-6.30 Billion -11.75%
Other Changes $3.00 Billion +5.6%
Total Change $- -7.53%

Book Value vs Market Value Analysis

This analysis compares Gerdau SA ADR's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 0.16x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 2.05x to 0.16x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1998-12-31 $2.10 $4.31 x
1999-12-31 $3.04 $4.31 x
2000-12-31 $3.06 $4.31 x
2001-12-31 $3.53 $4.31 x
2002-12-31 $4.48 $4.31 x
2003-12-31 $5.92 $4.31 x
2004-12-31 $4.79 $4.31 x
2005-12-31 $5.90 $4.31 x
2006-12-31 $7.46 $4.31 x
2007-12-31 $8.88 $4.31 x
2008-12-31 $6.25 $4.31 x
2009-12-31 $12.41 $4.31 x
2010-12-31 $13.01 $4.31 x
2011-12-31 $14.48 $4.31 x
2012-12-31 $15.26 $4.31 x
2013-12-31 $16.95 $4.31 x
2014-12-31 $17.99 $4.31 x
2015-12-31 $17.89 $4.31 x
2016-12-31 $13.39 $4.31 x
2017-12-31 $13.17 $4.31 x
2018-12-31 $14.45 $4.31 x
2019-12-31 $15.11 $4.31 x
2020-12-31 $17.28 $4.31 x
2021-12-31 $23.79 $4.31 x
2022-12-31 $24.97 $4.31 x
2023-12-31 $23.23 $4.31 x
2024-12-31 $27.60 $4.31 x
2025-12-31 $26.66 $4.31 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Gerdau SA ADR utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 2.59%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.99%
  • • Asset Turnover: 0.86x
  • • Equity Multiplier: 1.52x
  • Recent ROE (2.59%) is below the historical average (15.24%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1998 16.08% 10.28% 0.74x 2.12x $88.51 Million
1999 17.10% 10.66% 0.52x 3.08x $146.44 Million
2000 17.69% 7.04% 0.83x 3.03x $159.88 Million
2001 16.21% 7.21% 0.79x 2.86x $148.82 Million
2002 26.80% 7.10% 0.80x 4.72x $514.43 Million
2003 36.36% 11.26% 0.95x 3.40x $1.07 Billion
2004 45.92% 16.66% 1.01x 2.72x $2.41 Billion
2005 31.54% 12.56% 0.96x 2.62x $1.78 Billion
2006 30.70% 12.78% 0.82x 2.94x $2.18 Billion
2007 23.08% 10.22% 0.69x 3.28x $1.63 Billion
2008 45.29% 9.40% 0.71x 6.79x $3.07 Billion
2009 6.06% 4.23% 0.60x 2.41x $-728.78 Million
2010 11.00% 6.82% 0.73x 2.20x $195.44 Million
2011 8.02% 5.66% 0.71x 2.00x $-494.02 Million
2012 5.23% 3.75% 0.72x 1.95x $-1.30 Billion
2013 5.22% 3.97% 0.68x 1.92x $-1.45 Billion
2014 4.36% 3.30% 0.67x 1.96x $-1.82 Billion
2015 -14.50% -10.55% 0.62x 2.21x $-7.76 Billion
2016 -12.01% -7.66% 0.69x 2.27x $-5.29 Billion
2017 -1.43% -0.92% 0.73x 2.13x $-2.70 Billion
2018 9.04% 5.04% 0.90x 1.99x $-246.68 Million
2019 4.51% 3.07% 0.73x 2.00x $-1.48 Billion
2020 7.67% 5.40% 0.69x 2.05x $-720.26 Million
2021 36.37% 19.78% 1.06x 1.73x $11.23 Billion
2022 24.78% 13.86% 1.12x 1.60x $6.81 Billion
2023 15.29% 10.89% 0.92x 1.53x $2.60 Billion
2024 7.88% 6.81% 0.77x 1.50x $-1.23 Billion
2025 2.59% 1.99% 0.86x 1.52x $-3.97 Billion

Industry Comparison

This section compares Gerdau SA ADR's net assets metrics with peer companies in the Steel industry.

Industry Context

  • Industry: Steel
  • Average net assets among peers: $216,682,487
  • Average return on equity (ROE) among peers: -2.71%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Gerdau SA ADR (GGB) $53.80 Billion 16.08% 0.52x $5.42 Billion
Cleveland-Cliffs Inc (CLF) $407.40 Million 13.48% 0.70x $5.82 Billion
Commercial Metals Company (CMC) $1.25 Billion -16.38% 1.96x $7.65 Billion
Friedman Industries Inc. Common Stock (FRD) $79.69 Million 17.65% 1.00x $137.98 Million
Friedman Industries Inc. Common Stock (FRD) $33.50 Million 5.67% 0.15x $138.83 Million
Hongli Group Inc. Ordinary Shares (HLP) $53.49 Million -3.52% 0.22x $56.55 Million
Huadi International Group Co Ltd (HUDI) $74.68 Million 4.36% 0.38x $17.02 Million
Inno Holdings Inc. Common Stock (INHD) $1.05 Million -95.64% 2.46x $726.90K
FST Corp. Ordinary Shares (KBSX) $32.42 Million 28.92% 0.85x $51.70 Million
Luda Technology Group Limited (LUD) $14.53 Million 21.11% 1.73x $140.68 Million

About Gerdau SA ADR

NYSE:GGB USA Steel
Market Cap
$5.42 Billion
Market Cap Rank
#3385 Global
#1148 in USA
Share Price
$4.31
Change (1 day)
-0.46%
52-Week Range
$2.51 - $4.57
All Time High
$4.82
Categories
Companies in USA Steel
About

Gerdau S.A., together with its subsidiaries, operates as a steel producer company. It operates through Brazil Business, North America Business, and South America Business segments. The company offers rebars, bars, wires, thick plates, hot rolled coils, billets, blooms, plates, wire rods, and structural profiles. It also provides special steel products for agricultural, automotive, construction, d… Read more