Gerdau S.A.
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Gerdau S.A.'s past years’ income statements indicate that its last revenue has decreased compared to the previous period by 16% to $68,916,447,000. Profit margin reached 11%. Total operating expenses were $2,218,364,000.

Profit Margin

Gerdau S.A. (NYSE:GGB): Profit margin
2014 42.54B 1.40B 3.3%
2015 43.58B -4.59B -10.55%
2016 37.65B -2.88B -7.66%
2017 36.91B -338.66M -0.92%
2018 46.15B 2.32B 5.04%
2019 39.64B 1.21B 3.07%
2020 43.81B 2.36B 5.4%
2021 78.34B 15.49B 19.78%
2022 82.41B 11.42B 13.86%
2023 68.91B 7.50B 10.89%

GGB Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
68.91B82.41B78.34B43.81B39.64B46.15B36.91B37.65B43.58B42.54B
Cost of revenue
57.58B63.66B57.52B37.88B35.44B40.01B33.31B34.18B39.29B37.40B
Gross profit
11.33B18.75B20.81B5.93B4.20B6.14B3.60B3.46B4.29B5.14B
Operating exp.
Research and development
0154.59M177.67M188.08M157.27M171.17M149.15M149.91M00
Selling and marketing
716.19M733.02M715.83M512.95M476.33M570.43M524.96M710.76M785.00M691.02M
Total operating expenses
2.21B2.15B797.47M412.68M981.25M1.69B1.56B2.11B2.48B2.64B
Operating income
9.02B17.36B22.06B5.86B3.18B4.04B1.10B-1.63B-3.21B2.89B
Other income (expenses), net
323.60M-1.50B-1.78B-2.02B-1.50B-918.82M-2.08B-2.17B-7.89B-1.16B
Income before tax
9.34B15.85B20.27B3.49B1.67B2.15B-43.27M-2.58B-6.09B1.33B
Income tax expense
1.80B4.37B4.71B1.10B457.83M-168.95M295.39M304.31M-1.49B-150.38M
Net income
7.50B11.42B15.49B2.36B1.21B2.32B-338.66M-2.88B-4.59B1.40B
Earnings per share
Basic EPS
3.556.228.691.340.681.31-0.19-1.61-2.60.78
Diluted EPS
3.556.198.691.340.681.31-0.19-1.61-2.60.78
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