• Gerdau S.A average return on equity for 2023 was 18.8, a 42.15% decline from 2022.
• Gerdau S.A average return on equity for 2022 was 32.5, a 13.2% decline from 2021.
• Gerdau S.A average return on equity for 2021 was 28.71, a 521.43% increase from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.