GRUPO SIMEC, S.A.B. de C.V (SIM) Net Income (2009 - 2024)
GRUPO SIMEC, S.A.B. de C.V (SIM) posted quarterly Net Income of $42.9 million for Q4 2024, down 55.92% year-over-year from $97.4 million in Q1 2024, and down 55.92% on a QoQ basis from $97.4 million in Q4 2023.
GRUPO SIMEC, S.A.B. de C.V (SIM) Net Income (2009 - 2024) Analysis & Trends
GRUPO SIMEC, S.A.B. de C.V has reported Net Income for 14 years, with the latest figure at $42.9 million in Q4 2024.
- Net Income for Q4 2024 came in at $42.9 million, down 55.92% year-over-year; the trailing twelve-month figure through Dec 2025 was $244.0 million (changed 0.0% YoY), and the FY2024 annual result was $42.8 million, down 51.77% from the prior year.
- Net Income fell to $42.9 million in Q4 2024, from $97.4 million in the prior quarter.
- Over five years, Net Income peaked at $103.6 million in Q4 2022 and troughed at $42.9 million in Q4 2024.
- A 3-year average of $81.3 million and a median of $97.4 million in 2023 frame the typical range for Net Income.
- The widest annual swing landed in 2023, when Net Income fell 6.01%; it then sank 55.92% in 2024.
- A 3-year view of Net Income shows it stood at $103.6 million in 2022, then declined by 6.01% to $97.4 million in 2023, then sank by 55.92% to $42.9 million in 2024.
- Per Business Quant data, the three most recent Net Income figures were $42.9 million in Q4 2024, $97.4 million in Q4 2023, and $103.6 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 106.22 Bn | 96.33 Bn | 941.02 Mn | 510.31 Mn |
| 2 | Nucor | 55.03 Bn | 52.34 Bn | 2.03 Bn | 1.28 Bn |
| 3 | ArcelorMittal | 54.04 Bn | 49.19 Bn | - | 1.04 Bn |
| 4 | Steel Dynamics | 31.61 Bn | 31.03 Bn | 958.97 Mn | 530.79 Mn |
| 5 | Reliance | 19.53 Bn | 19.29 Bn | 1.30 Bn | 323.60 Mn |
| 6 | Cleveland-Cliffs | 6.15 Bn | 6.08 Bn | 132.00 Mn | -134.00 Mn |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | 510.51 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.56 Bn | 3.00 Bn | - | - |
| 9 | Posco Holdings | 4.34 Bn | 1.84 Bn | 1.04 Bn | 310.09 Mn |
| 10 | Worthington Steel | 1.70 Bn | 1.61 Bn | 118.80 Mn | -54.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 42.94 Mn |
| Dec 31, 2023 | 97.41 Mn |
| Dec 31, 2022 | 103.64 Mn |
| Dec 31, 2019 | 10.91 Mn |
| Dec 31, 2018 | 21.98 Mn |
| Dec 31, 2017 | 37.37 Mn |
| Dec 31, 2016 | 24.60 Mn |
| Mar 31, 2015 | 40.50 Mn |
| Dec 31, 2014 | -44.55 Mn |
| Dec 31, 2013 | -16.52 Mn |
| Dec 31, 2012 | 65.62 Mn |
| Dec 31, 2011 | 52.41 Mn |
| Dec 31, 2010 | 2.26 Mn |
| Dec 31, 2009 | -55.76 Mn |