Gerdau Posts Resilient 4Q25 Results and Launches New Share Buyback Program

Gerdau SA ( (GGB) ) has issued an announcement.

Gerdau S.A. reported its fourth-quarter 2025 results on February 23, 2026, highlighting resilient performance in North America that offset seasonal weakness, maintenance shutdowns, and intense import competition in Brazil, and a more challenging environment in South America. The company posted 4Q25 steel shipments of 2.9 million tonnes, net sales of R$17.0 billion, adjusted EBITDA of R$2.4 billion, and strong free cash flow, while maintaining low leverage and reaffirming its CAPEX focus on competitiveness, renewable energy, and mining expansion.

Management emphasized that North America accounted for 73% of consolidated EBITDA in 4Q25, supported by robust demand, better pricing, and Section 232-related trade rebalancing, while in Brazil imported steel penetration reached 21% amid ongoing antidumping actions and tariff hikes to protect local producers. For 2025, Gerdau invested R$6.1 billion in CAPEX, distributed roughly R$1.2 billion in dividends, completed a share buyback equal to 3% of outstanding shares, and on February 23, 2026 approved a new 18‑month buyback program of up to 56.4 million shares, underscoring its strategy of disciplined capital allocation and shareholder returns as it marks its 125th anniversary.

The most recent analyst rating on (GGB) stock is a Hold with a $4.50 price target. To see the full list of analyst forecasts on Gerdau SA stock, see the GGB Stock Forecast page.

Spark’s Take on GGB Stock

According to Spark, TipRanks’ AI Analyst, GGB is a Neutral.

The score is driven primarily by mixed financial performance—solid balance sheet offset by weakening profitability/revenue and challenged cash generation. Technicals are supportive but overbought conditions temper the outlook, while valuation and dividend provide only moderate support.

To see Spark’s full report on GGB stock, click here.

More about Gerdau SA

Gerdau S.A. is a Brazilian steelmaker with operations in Brazil, North America, and South America, producing long, flat, and special steels as well as iron ore for construction, industrial, and infrastructure markets. Listed on B3 and the NYSE, it is a major regional player and has been recognized for its reputation and sustainability performance, including leadership in Brazil’s mining, steel, and metalworks sector.

Average Trading Volume: 17,377,351

Technical Sentiment Signal: Buy

Current Market Cap: $7.76B

For detailed information about GGB stock, go to TipRanks’ Stock Analysis page.