Gerdau S.A. (GGB) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 29, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Mar 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the GGB SEC filings page.
Gerdau S.A. (GGB) reported $12.8B in revenue for fiscal year 2025, up 17.7% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Gerdau S.A.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Gerdau S.A. has an operating margin of 5.3%, meaning the company retains $5 of operating profit per $100 of revenue. This results in a moderate score of 59/100, indicating healthy but not exceptional operating efficiency. This is down from 11.2% the prior year.
Gerdau S.A.'s revenue surged 17.7% year-over-year to $12.8B, reflecting rapid business expansion. This strong growth earns a score of 16/100.
With a current ratio of 2.89, Gerdau S.A. holds $2.89 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 77/100.
While Gerdau S.A. generated $1.5B in operating cash flow, capex of $1.2B consumed most of it, leaving $238.4M in free cash flow. This results in a low score of 46/100, reflecting heavy capital investment rather than weak cash generation.
Gerdau S.A.'s ROE of 2.6% shows moderate profitability relative to equity, earning a score of 58/100. This is down from 7.9% the prior year.
Gerdau S.A. scores 2.77, placing it in the grey zone between 1.81 and 2.99. The largest contribution to the score comes from a market capitalization of $9.3B against total liabilities of $5.1B. This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Gerdau S.A. passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 operating efficiency signals passes.
For every $1 of reported earnings, Gerdau S.A. generates $5.76 in operating cash flow ($1.5B OCF vs $253.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Gerdau S.A. earns $2.93 in operating income for every $1 of interest expense ($682.7M vs $232.7M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
Gerdau S.A. generated $12.8B in revenue in fiscal year 2025. This represents an increase of 17.7% from the prior year.
Gerdau S.A.'s EBITDA was $1.4B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 21.0% from the prior year.
Gerdau S.A. reported $253.2M in net income in fiscal year 2025. This represents a decrease of 65.7% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Gerdau S.A. generated $238.4M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 73.7% from the prior year.
Gerdau S.A. held $1.1B in cash as of fiscal year 2025; no long-term debt figure is on record for that period.
Not reported for fiscal year 2025.
Margins & Returns
Gerdau S.A.'s gross margin was 11.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 2.3 percentage points from the prior year.
Gerdau S.A.'s operating margin was 5.3% in fiscal year 2025, reflecting core business profitability. This is down 5.8 percentage points from the prior year.
Gerdau S.A.'s net profit margin was 2.0% in fiscal year 2025, showing the share of revenue converted to profit. This is down 4.8 percentage points from the prior year.
Gerdau S.A.'s ROE was 2.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 5.3 percentage points from the prior year.
Capital Allocation
Gerdau S.A. invested $1.2B in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 30.6% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
GGB Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.8B+17.7% | $10.8B-23.7% | $14.2B-8.9% | $15.6B+10.9% | $14.1B+66.6% | $8.4B-14.5% | $9.9B-17.1% | $11.9B+6.7% | $11.1B-3.7% | $11.6B+5.1% | $11.0B |
| Cost of Revenue | $11.3B+20.9% | $9.4B-21.2% | $11.9B-1.5% | $12.0B+16.7% | $10.3B+41.5% | $7.3B-17.3% | $8.8B-14.5% | $10.3B+2.5% | $10.1B-4.3% | $10.5B+5.9% | $9.9B |
| Gross Profit | $1.5B-2.3% | $1.5B-36.3% | $2.3B-34.2% | $3.5B-5.0% | $3.7B+227.0% | $1.1B+9.2% | $1.0B-34.0% | $1.6B+45.6% | $1.1B+2.2% | $1.1B-1.8% | $1.1B |
| Operating Income | $682.7M-43.6% | $1.2B-43.8% | $2.2B-35.9% | $3.4B-10.9% | $3.8B+277.0% | $1.0B+26.2% | $792.2M-24.0% | $1.0B+214.0% | $332.1Mn/m | -$503.0Mn/m | -$812.1M |
| EBITDA | $1.4B-21.0% | $1.7B-38.3% | $2.8B-28.7% | $3.9B-8.2% | $4.2B+186.8% | $1.5B+13.2% | $1.3B-14.5% | $1.5B+58.8% | $963.9M+248.6% | $276.5Mn/m | -$153.5M |
| Interest Expense | $232.7M+80.6% | $128.9M-25.6% | $173.1M-5.1% | $182.5M-4.0% | $190.1M-3.4% | $196.9M-15.7% | $233.4M-23.1% | $303.5M-24.0% | $399.6M-15.6% | $473.6M+27.4% | $371.7M |
| Income Tax | $201.9M+44.4% | $139.8M-62.5% | $373.0M-55.0% | $828.5M-2.0% | $845.5M+296.4% | $213.3M+87.2% | $113.9Mn/m | -$43.5M-148.8% | $89.2M-4.7% | $93.5Mn/m | -$378.5M |
| Net Income | $253.2M-65.7% | $738.4M-52.2% | $1.5B-28.5% | $2.2B-22.2% | $2.8B+510.1% | $455.5M+52.1% | $299.5M-49.6% | $593.7Mn/m | -$108.5Mn/m | -$888.6Mn/m | -$1.1B |
| EPS (Basic) | N/A | N/A | N/A | N/A | $1.63+509.3% | $0.27+51.4% | $0.18-49.2% | $0.35n/m | -$0.06n/m | -$0.52n/m | -$0.68 |
| EPS (Diluted) | N/A | N/A | N/A | $1.23-24.2% | $1.62+510.3% | $0.27+52.5% | $0.17-49.6% | $0.35n/m | -$0.06n/m | -$0.52n/m | -$0.68 |
Not reported in any period shown, so not listed: R&D Expenses, SG&A Expenses, Diluted Shares (Avg).
GGB Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $14.9B+6.2% | $14.0B-9.0% | $15.4B+10.5% | $14.0B+5.4% | $13.2B+8.9% | $12.2B-9.5% | $13.4B+1.7% | $13.2B-13.0% | $15.2B-9.6% | $16.8B-5.1% | $17.7B |
| Current Assets | $5.2B-1.1% | $5.3B-12.2% | $6.0B+1.8% | $5.9B+1.0% | $5.9B+29.9% | $4.5B-0.7% | $4.5B+0.6% | $4.5B-16.9% | $5.4B-0.8% | $5.5B | N/A |
| Cash & Equivalents | $1.1B-13.8% | $1.3B+102.8% | $619.5M+32.3% | $468.4M-37.2% | $746.3M-16.1% | $889.0M+35.3% | $657.3M-11.8% | $744.8M-3.5% | $771.5M-50.4% | $1.6B+9.1% | $1.4B |
| Inventory | N/A | N/A | N/A | N/A | $3.0B+71.3% | $1.8B-7.4% | $1.9B-19.3% | $2.4B+16.8% | $2.0B+3.9% | $1.9B | N/A |
| Goodwill | $2.2B-2.2% | $2.2B+0.4% | $2.2B+1.4% | $2.2B-1.3% | $2.2B-4.3% | $2.3B-1.1% | $2.4B+0.3% | $2.3B-1.4% | $2.4B-18.2% | $2.9B-23.8% | $3.8B |
| Total Liabilities | $5.1B+9.9% | $4.6B-12.4% | $5.3B+1.6% | $5.2B-6.4% | $5.6B-9.9% | $6.2B-7.6% | $6.7B+2.2% | $6.5B-18.1% | $8.0B-14.6% | $9.3B-3.1% | $9.6B |
| Current Liabilities | $1.8B+2.9% | $1.8B-24.6% | $2.3B-8.7% | $2.5B+1.2% | $2.5B+13.9% | $2.2B+19.7% | $1.8B-15.7% | $2.2B-5.9% | $2.3B-12.1% | $2.7B | N/A |
| Non-Current Liabilities | $3.3B+14.3% | $2.9B-2.8% | $3.0B+11.5% | $2.7B-12.7% | $3.0B-23.1% | $4.0B-18.0% | $4.8B+11.3% | $4.3B-23.1% | $5.6B-15.5% | $6.7B | N/A |
| Total Equity | $9.8B+4.4% | $9.4B-7.3% | $10.1B+15.9% | $8.7B+14.2% | $7.6B+28.6% | $5.9B-11.4% | $6.7B+1.1% | $6.6B-7.1% | $7.1B-3.3% | $7.4B-8.5% | $8.1B |
| Retained Earnings | $4.2B+7.4% | $3.9B-26.6% | $5.3B+27.3% | $4.2B+31.1% | $3.2B+127.9% | $1.4B0.0% | $1.4B+13.4% | $1.2B+23.7% | $1.0B-13.5% | $1.2B | N/A |
Not reported in any period shown, so not listed: Short-Term Investments, Accounts Receivable, Long-Term Investments, Long-Term Debt.
GGB Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.5B-20.8% | $1.8B-19.8% | $2.3B+8.8% | $2.1B-6.0% | $2.2B+82.0% | $1.2B+201.9% | $408.8M-20.7% | $515.3M-17.8% | $626.8M-42.0% | $1.1B-40.2% | $1.8B |
| Depreciation & Amortization | $672.6M+33.0% | $505.5M-19.5% | $628.0M+15.8% | $542.3M+13.7% | $476.9M-0.9% | $481.2M-6.8% | $516.1M+5.9% | $487.5M-22.8% | $631.8M-19.0% | $779.5M+18.3% | $658.7M |
| Capital Expenditures | $1.2B+30.6% | $934.4M-13.0% | $1.1B+32.2% | $811.9M+49.6% | $542.8M+70.8% | $317.9M-26.9% | $434.6M+41.1% | $307.9M+16.8% | $263.7M-35.2% | $407.0M-30.7% | $587.2M |
| Free Cash Flow | $238.4M-73.7% | $906.0M-25.9% | $1.2B-5.8% | $1.3B-23.8% | $1.7B+85.9% | $916.0Mn/m | -$25.8M-112.5% | $207.4M-42.9% | $363.2M-46.1% | $673.9M-44.8% | $1.2B |
| Investing Cash Flow | -$1.4Bn/m | -$814.1Mn/m | -$1.2Bn/m | -$843.7Mn/m | -$537.4Mn/m | -$429.2Mn/m | -$472.6M-176.9% | $614.2Mn/m | -$161.7Mn/m | -$328.7Mn/m | -$611.6M |
| Financing Cash Flow | -$313.3Mn/m | -$434.5Mn/m | -$850.2Mn/m | -$1.6Bn/m | -$1.8Bn/m | -$480.2Mn/m | -$2.4Mn/m | -$1.1Bn/m | -$1.2Bn/m | -$718.6Mn/m | -$717.8M |
| Dividends Paid | $234.7M-12.4% | $267.9M-51.6% | $553.0M-50.4% | $1.1B+16.4% | $957.8M+1710.0% | $52.9M-56.1% | $120.5M-22.0% | $154.4M+491.9% | $26.1M-1.3% | $26.4M-70.8% | $90.5M |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $62.8M | N/A | $29.3M-38.6% | $47.8M |
Not reported in any period shown, so not listed: Stock-Based Compensation.
GGB Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 11.4%-2.3pp | 13.7%-2.7pp | 16.4%-6.3pp | 22.8%-3.8pp | 26.6%+13.0pp | 13.5%+2.9pp | 10.6%-2.7pp | 13.3%+3.6pp | 9.8%+0.6pp | 9.2%-0.7pp | 9.8% |
| Operating Margin | 5.3%-5.8pp | 11.2%-4.0pp | 15.2%-6.4pp | 21.5%-5.3pp | 26.8%+15.0pp | 11.9%+3.8pp | 8.0%-0.7pp | 8.8%+5.8pp | 3.0%+7.3pp | -4.3%+3.0pp | -7.4% |
| Net Margin | 2.0%-4.8pp | 6.8%-4.1pp | 10.9%-3.0pp | 13.9%-5.9pp | 19.8%+14.4pp | 5.4%+2.4pp | 3.0%-1.9pp | 5.0%+6.0pp | -1.0%+6.7pp | -7.7%+2.8pp | -10.4% |
| Return on Equity | 2.6%-5.3pp | 7.9%-7.4pp | 15.3%-9.5pp | 24.8%-11.6pp | 36.4%+28.7pp | 7.7%+3.2pp | 4.5%-4.5pp | 8.9%+10.5pp | -1.5%+10.5pp | -12.0%+2.2pp | -14.2% |
| Return on Assets | 1.7%-3.6pp | 5.3%-4.8pp | 10.0%-5.5pp | 15.5%-5.5pp | 21.0%+17.2pp | 3.8%+1.5pp | 2.2%-2.3pp | 4.5%+5.2pp | -0.7%+4.6pp | -5.3%+1.2pp | -6.5% |
| Current Ratio | 2.89-0.1x | 3.01+0.4x | 2.59+0.3x | 2.320.0x | 2.33+0.3x | 2.04-0.4x | 2.46+0.4x | 2.06-0.3x | 2.33+0.3x | 2.06 | N/A |
| Liabilities-to-Equity | 0.520.0x | 0.490.0x | 0.52-0.1x | 0.60-0.1x | 0.73-0.3x | 1.040.0x | 1.000.0x | 0.98-0.1x | 1.12-0.1x | 1.26+0.1x | 1.19 |
| Asset Turnover | 0.86+0.1x | 0.77-0.1x | 0.92-0.2x | 1.12+0.1x | 1.06+0.4x | 0.690.0x | 0.73-0.2x | 0.90+0.2x | 0.730.0x | 0.69+0.1x | 0.62 |
| FCF Margin | 1.9%-6.5pp | 8.4%-0.2pp | 8.6%+0.3pp | 8.3%-3.8pp | 12.1%+1.2pp | 10.9%+11.1pp | -0.3%-2.0pp | 1.7%-1.5pp | 3.3%-2.6pp | 5.8%-5.3pp | 11.1% |
Not reported in any period shown, so not listed: Debt-to-Equity.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Gerdau S.A. GGB | FY2025 | $12.8B | $253.2M | 2.0% | $9.3B | 53/100 |
| Ternium S.A. TX | FY2025 | $15.6B | $425.2M | 2.7% | $10.6B | 48/100 |
| Cleveland-Cliffs Inc. CLF | FY2025 | $18.6B | -$1.5B | -7.9% | $8.1B | 29/100 |
| Groupo Simec, S.A.B de C.V. SIM | FY2024 | $1.6B | $502.9M | 31.2% | $3.8B | 65/100 |
| Commercial Metals Company CMC | FY2026 | $9.4B | $655.8M | 7.0% | $7.2B | 56/100 |
| ArcelorMittal MT | FY2025 | $61.4B | $3.2B | 5.1% | $46.5B | 39/100 |
Where Gerdau S.A. Ranks
Frequently Asked Questions
What is Gerdau S.A.'s annual revenue?
Gerdau S.A. (GGB) reported $12.8B in total revenue for fiscal year 2025. This represents a 17.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Gerdau S.A.'s revenue growing?
Gerdau S.A. (GGB) revenue grew by 17.7% year-over-year, from $10.8B to $12.8B in fiscal year 2025.
Is Gerdau S.A. profitable?
Yes, Gerdau S.A. (GGB) reported a net income of $253.2M in fiscal year 2025, with a net profit margin of 2.0%.
What is Gerdau S.A.'s EBITDA?
Gerdau S.A. (GGB) had EBITDA of $1.4B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Gerdau S.A.'s gross margin?
Gerdau S.A. (GGB) had a gross margin of 11.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Gerdau S.A.'s operating margin?
Gerdau S.A. (GGB) had an operating margin of 5.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Gerdau S.A.'s net profit margin?
Gerdau S.A. (GGB) had a net profit margin of 2.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Gerdau S.A.'s return on equity (ROE)?
Gerdau S.A. (GGB) has a return on equity of 2.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Gerdau S.A.'s free cash flow?
Gerdau S.A. (GGB) generated $238.4M in free cash flow during fiscal year 2025. This represents a -73.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Gerdau S.A.'s operating cash flow?
Gerdau S.A. (GGB) generated $1.5B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Gerdau S.A.'s total assets?
Gerdau S.A. (GGB) had $14.9B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Gerdau S.A.'s capital expenditures?
Gerdau S.A. (GGB) invested $1.2B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Gerdau S.A.'s current ratio?
Gerdau S.A. (GGB) had a current ratio of 2.89 as of fiscal year 2025, which is generally considered healthy.
What is Gerdau S.A.'s liabilities-to-equity ratio?
Gerdau S.A. (GGB) had a liabilities-to-equity ratio of 0.52 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.
What is Gerdau S.A.'s return on assets (ROA)?
Gerdau S.A. (GGB) had a return on assets of 1.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Gerdau S.A.'s P/E ratio?
Gerdau S.A. (GGB) trades at 36.7x earnings, its market capitalization divided by $253.2M net income, FY2025. The market capitalization is $9.3B as of Oct 29, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Gerdau S.A.'s price-to-sales ratio?
Gerdau S.A. (GGB) trades at 0.7x sales, its market capitalization divided by $12.8B revenue, FY2025. The market capitalization is $9.3B as of Oct 29, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Gerdau S.A.'s Altman Z-Score?
Gerdau S.A. (GGB) has an Altman Z-Score of 2.77, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Gerdau S.A.'s Piotroski F-Score?
Gerdau S.A. (GGB) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Gerdau S.A.'s earnings high quality?
Gerdau S.A. (GGB) has an earnings quality ratio of 5.76x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Gerdau S.A. cover its interest payments?
Gerdau S.A. (GGB) has an interest coverage ratio of 2.93x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Gerdau S.A.?
Gerdau S.A. (GGB) scores 53 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.