Gerdau
GGB
#1979
Rank
$7.49 B
Marketcap
$3.56
Share price
-2.73%
Change (1 day)
-28.08%
Change (1 year)

Operating Margin for Gerdau (GGB)

Operating Margin as of April 2024 (TTM): 16.53%

According to Gerdau's latest financial reports and stock price the company's current Operating Margin is 16.53%. At the end of 2022 the company had an Operating Margin of 19.24%.

Operating Margin history for Gerdau from 2001 to 2023

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%-17%
200716.94%-15.04%
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
16.99% 2.78%๐Ÿ‡บ๐Ÿ‡ธ USA
24.67% 49.24%๐Ÿ‡บ๐Ÿ‡ธ USA
14.09%-14.76%๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
22.55% 36.42%๐Ÿ‡บ๐Ÿ‡ธ USA
15.00%-9.26%๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico
4.73%-71.39%๐Ÿ‡ฐ๐Ÿ‡ท S. Korea
45.12% 172.96%๐Ÿ‡ง๐Ÿ‡ท Brazil
9.14%-44.71%๐Ÿ‡บ๐Ÿ‡ธ USA
9.75%-41.02%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.