GRUPO SIMEC, S.A.B. de C.V (SIM) Net Margin (2009 - 2024)
GRUPO SIMEC, S.A.B. de C.V (SIM) posted quarterly Net Margin of 165576.92% for Q4 2024, up 16555754.0% year-over-year from N/an in Q1 2024, and up 853943.64% on a QoQ basis from 19.39% in Q4 2023.
GRUPO SIMEC, S.A.B. de C.V (SIM) Net Margin (2009 - 2024) Analysis & Trends
GRUPO SIMEC, S.A.B. de C.V has reported Net Margin for 14 years, with the latest figure at 165576.92% in Q4 2024.
- Net Margin for Q4 2024 came in at 165576.92%, up 16555754.0% year-over-year; the trailing twelve-month figure through Dec 2024 was 17.45% (up 654.0% YoY), and the FY2024 annual result was 164859.04%, up 16484140.0% from the prior year.
- Net Margin improved to 165576.92% in Q4 2024, from 19.39% in the prior quarter.
- Over five years, Net Margin peaked at 165576.92% in Q4 2024 and troughed at 19.39% in Q4 2023.
- A 3-year average of 55205.47% and a median of 20.09% in 2022 frame the typical range for Net Margin.
- The widest annual swing landed in 2023, when Net Margin sank 71 bps; it then soared 16555754 bps in 2024.
- A 3-year view of Net Margin shows it stood at 20.09% in 2022, then dropped by 4 bps to 19.39% in 2023, then soared by 853944 bps to 165576.92% in 2024.
- Per Business Quant data, the three most recent Net Margin figures were 165576.92% in Q4 2024, 19.39% in Q4 2023, and 20.09% in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 108.84 Bn | 98.95 Bn | 941.02 Mn | 7.92% |
| 2 | Nucor | 55.75 Bn | 53.05 Bn | 2.03 Bn | 12.31% |
| 3 | ArcelorMittal | 54.97 Bn | 50.12 Bn | - | 4.07% |
| 4 | Steel Dynamics | 32.99 Bn | 32.40 Bn | 958.97 Mn | 8.71% |
| 5 | Reliance | 19.82 Bn | 19.59 Bn | 1.30 Bn | 6.97% |
| 6 | Cleveland-Cliffs | 6.46 Bn | 6.39 Bn | 132.00 Mn | -2.77% |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | 8.14% |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.53 Bn | 2.97 Bn | - | - |
| 9 | Posco Holdings | 4.32 Bn | 1.83 Bn | 1.04 Bn | 15.70% |
| 10 | Worthington Steel | 1.74 Bn | 1.66 Bn | 118.80 Mn | -5.81% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 165,576.92% |
| Dec 31, 2023 | 19.39% |
| Dec 31, 2022 | 20.09% |
| Dec 31, 2019 | 2.87% |
| Dec 31, 2018 | 4.94% |
| Dec 31, 2017 | 10.41% |
| Dec 31, 2016 | 7.95% |
| Mar 31, 2015 | 8.77% |
| Dec 31, 2014 | -9.36% |
| Dec 31, 2013 | 1.95% |
| Dec 31, 2012 | 10.46% |
| Dec 31, 2011 | 9.12% |
| Dec 31, 2010 | 0.50% |
| Dec 31, 2009 | -14.40% |