GRUPO SIMEC, S.A.B. de C.V (SIM) Operating Expenses (2015 - 2024)
GRUPO SIMEC, S.A.B. de C.V (SIM) posted quarterly Operating Expenses of $38.3 million for Q4 2024, down 11.7% year-over-year from $43.4 million in Q1 2024, and down 11.7% on a QoQ basis from $43.4 million in Q4 2023.
GRUPO SIMEC, S.A.B. de C.V (SIM) Operating Expenses (2015 - 2024) Analysis & Trends
GRUPO SIMEC, S.A.B. de C.V has reported Operating Expenses for 14 years, with the latest figure at $38.3 million in Q4 2024.
- Operating Expenses for Q4 2024 came in at $38.3 million, down 11.7% year-over-year; the trailing twelve-month figure through Dec 2025 was $118.9 million (changed 0.0% YoY), and the FY2024 annual result was $38.3 million, down 11.7% from the prior year.
- Operating Expenses declined to $38.3 million in Q4 2024, from $43.4 million in the prior quarter.
- Over five years, Operating Expenses peaked at $43.4 million in Q4 2023 and troughed at $37.2 million in Q4 2022.
- A 3-year average of $39.6 million and a median of $38.3 million in 2024 frame the typical range for Operating Expenses.
- The widest annual swing landed in 2023, when Operating Expenses increased 16.58%; it then declined 11.7% in 2024.
- A 3-year view of Operating Expenses shows it stood at $37.2 million in 2022, then increased by 16.58% to $43.4 million in 2023, then retreated by 11.7% to $38.3 million in 2024.
- Per Business Quant data, the three most recent Operating Expenses figures were $38.3 million in Q4 2024, $43.4 million in Q4 2023, and $37.2 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 106.22 Bn | 96.33 Bn | 941.02 Mn | -427.76 Mn |
| 2 | Nucor | 55.03 Bn | 52.34 Bn | 2.03 Bn | 405.00 Mn |
| 3 | ArcelorMittal | 54.04 Bn | 49.19 Bn | - | -780.00 Mn |
| 4 | Steel Dynamics | 31.61 Bn | 31.03 Bn | 958.97 Mn | 193.45 Mn |
| 5 | Reliance | 19.53 Bn | 19.29 Bn | 1.30 Bn | 4.19 Bn |
| 6 | Cleveland-Cliffs | 6.15 Bn | 6.08 Bn | 132.00 Mn | 5.28 Bn |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | -64.82 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 | -65.40 Mn |
| 10 | Worthington Steel | 1.70 Bn | 1.61 Bn | 118.80 Mn | 81.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 38.30 Mn |
| Dec 31, 2023 | 43.38 Mn |
| Dec 31, 2022 | 37.21 Mn |
| Dec 31, 2019 | 24.67 Mn |
| Dec 31, 2018 | 13.09 Mn |
| Dec 31, 2017 | 14.44 Mn |
| Dec 31, 2016 | 17.38 Mn |
| Dec 31, 2015 | 1.19 Bn |