Gerdau posts 40% jump in adjusted profit and declares R$0.34 dividend
Brazil steelmaker Gerdau reported adjusted net income of R$1.52 billion for Q3 2026, a 39.7% increase year‑over‑year, while net sales rose 3.9% to R$18.69 billion. Adjusted EBITDA reached R$3.8 billion, up 10% from the prior quarter, with a 20.2% margin and North America contributing more than 76% of EBITDA. The board approved a cash dividend of R$0.34 per share, totaling R$667.0 million, payable on 15 December 2026. Capital expenditures in the quarter were R$955 million, representing 66% of the full‑year 2026 guidance.
Why it matters
The dividend payout provides a cash return to shareholders in December, while the strong earnings growth and higher EBITDA margin signal improved operating performance that could support the ADR price (GGB).
Key facts
- 1Adjusted net income was R$1.52 billion, up 39.7% from Q3 2025. riotimesonline.com
- 2Net sales rose 3.9% to R$18.69 billion. riotimesonline.com
- 3Adjusted EBITDA was R$3.8 billion, up 10% from Q2 2026, with a 20.2% margin. stocktitan.net
- 4North America contributed more than 76% of consolidated EBITDA. stocktitan.net
- 5The company approved a cash dividend of R$0.34 per share, equal to R$667.0 million, payable on 15 December 2026. stocktitan.net
- 6CAPEX in Q3 2026 totaled R$955 million, representing 66% of the full‑year 2026 guidance. stocktitan.net
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.