Gerdau (GGB) - Market capitalization

Market cap: $7.06 Billion USD

As of November 2024 Gerdau has a market cap of $7.06 Billion USD. This makes Gerdau the world's 2185th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.

Market cap history of Gerdau from 1999 to 2024

End of year Market Cap

Year	Marketcap	Change
2024	$7.06 B	-16.78%
2023	$8.48 B	-10.33%
2022	$9.46 B	20.53%
2021	$7.85 B	4.1%
2020	$7.54 B	-6.11%
2019	$8.03 B	31.56%
2018	$6.10 B	1.12%
2017	$6.03 B	17.12%
2016	$5.15 B	184.69%
2015	$1.81 B	-68.79%
2014	$5.80 B	-53.28%
2013	$12.41 B	-12.25%
2012	$14.15 B	12.71%
2011	$12.55 B	-32.38%
2010	$18.56 B	-15.56%
2009	$21.99 B	153.76%
2008	$8.66 B	-54.92%
2007	$19.22 B	81.35%
2006	$10.59 B	-4.15%
2005	$11.05 B	38.78%
2004	$7.96 B	171.13%
2003	$2.93 B	-99.71%
2002	$1.015 T	-7.84%
2001	$1.102 T	14.24%
2000	$964.67 B	64367.2%
1999	$1.49 B

End of Day market cap according to different sources

On Nov 14th, 2024 the market cap of Gerdau was reported to be:

$7.17 Billion USD

by Nasdaq

$6.97 Billion USD

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Nucor NUE	$34.58 B	389.77%	🇺🇸 USA
ArcelorMittal MT	$19.71 B	179.22%	🇱🇺 Luxembourg
Companhia Siderúrgica Nacional SID	$2.49 B	-64.72%	🇧🇷 Brazil
Steel Dynamics STLD	$21.28 B	201.42%	🇺🇸 USA
U.S. Steel X	$7.94 B	12.50%	🇺🇸 USA
POSCO PKX	$15.73 B	122.82%	🇰🇷 S. Korea
Commercial Metals Company CMC	$6.75 B	-4.39%	🇺🇸 USA
Grupo Simec SIM	$4.15 B	-41.22%	🇲🇽 Mexico
Vale VALE	$42.40 B	500.49%	🇧🇷 Brazil

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Market capitalization of Gerdau (GGB)

Market cap: $7.06 Billion USD