GERDAU S.A. (GGB) Form 6-K — Oct 27, 2026
Gerdau reported 3Q26 Adjusted EBITDA of R$3.8 billion, up 10% versus 2Q26, with North America EBITDA up 12% to R$2.9 billion and a 27.7% margin, the highest in four years. Adjusted net income rose 4% sequentially to R$1.5 billion with EPS of R$0.79, and free cash flow was R$1.4 billion. The company declared dividends of R$0.34/share (~R$667 million) for Gerdau S.A. and R$0.16/share (~R$212 million) for Metalúrgica Gerdau, payable December 15, 2026, alongside continued buybacks.
Key figures
- Eps 3 Q26
- R$ 0.79 (vs R$ 0.74 in 2Q26)
- Leverage
- 0.58x ND/EBITDA
- Cash 3 Q26
- R$ 6.0 billion
- Capex 9 M26
- R$ 3.1 billion (66% of 2026 plan of R$ 4.7 billion)
- Rcf Renewal
- US$ 1.125 billion, +29% availability, maturing 2031
- Shipments 3 Q26
- 2.9 Mt of steel
- Free Cash Flow 3 Q26
- R$ 1.4 billion
- Dividends Gerdau SA
- R$ 0.34/share (~R$ 667 million), payable Dec 15, 2026
- Adjusted EBITDA 3 Q26
- R$ 3.8 billion (+10% vs 2Q26)
- Adjusted Net Income 3 Q26
- R$ 1.5 billion (+4% vs 2Q26)
- North America EBITDAmargin
- 27.7% (highest in four years)
- Buyback Repurchased Gerdau
- R$ 344.1 million through Oct 9, 2026
- Dividends Metalurgica Gerdau
- R$ 0.16/share (~R$ 212 million)
AI analysis
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