Gerdau
GGB
#2230
Rank
$6.79 B
Marketcap
$3.23
Share price
-0.31%
Change (1 day)
-36.54%
Change (1 year)

Operating Margin for Gerdau (GGB)

Operating Margin as of July 2024 (TTM): 11.11%

According to Gerdau's latest financial reports and stock price the company's current Operating Margin is 11.11%. At the end of 2022 the company had an Operating Margin of 19.24%.

Operating Margin history for Gerdau from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202219.24%-25.63%
202125.88%224.33%
20207.98%88.86%
20194.22%-9.62%
20184.67%-4087.15%
2017-0.12%-98.29%
2016-6.86%-50.97%
2015-13.98%-544.68%
20143.14%-13.7%
20133.64%-11.25%
20124.11%-38.16%
20116.64%-29.57%
20109.43%142.55%
20093.89%-72.36%
200814.06%-18.08%
200717.17%-13.91%
200619.94%0.67%
200519.81%-20.04%
200424.77%113.5%
200311.60%58.9%
20027.30%-23.68%
20019.57%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
18.07% 62.65%๐Ÿ‡บ๐Ÿ‡ธ USA
1.84%-83.44%๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
12.88% 15.93%๐Ÿ‡ง๐Ÿ‡ท Brazil
17.12% 54.10%๐Ÿ‡บ๐Ÿ‡ธ USA
5.66%-49.05%๐Ÿ‡บ๐Ÿ‡ธ USA
4.76%-57.16%๐Ÿ‡ฐ๐Ÿ‡ท S. Korea
12.75% 14.76%๐Ÿ‡บ๐Ÿ‡ธ USA
17.86% 60.76%๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico
45.12% 306.12%๐Ÿ‡ง๐Ÿ‡ท Brazil

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.