GRUPO SIMEC, S.A.B. de C.V (SIM) Tax Provisions (2015 - 2025)
GRUPO SIMEC, S.A.B. de C.V's (SIM) quarterly Tax Provisions came in at $63.6 million in Q1 2025, up 103.18% year-over-year from $31.3 million in Q1 2024, and up 53.4% quarter-over-quarter from $41.4 million in Q2 2024.
Analysis
GRUPO SIMEC, S.A.B. de C.V (SIM) Tax Provisions (2015 - 2025) Analysis & Trends
GRUPO SIMEC, S.A.B. de C.V has disclosed Tax Provisions across 4 years of filings, most recently posting $63.6 million for Q1 2025.
- In Q1 2025, Tax Provisions rose 103.18% year-over-year to $63.6 million; the TTM figure through Mar 2025 stood at $176.5 million (down 32.63% YoY), while the FY2025 annual figure was -$66.2 million, up 35.56% from the prior year.
- Tax Provisions came in at $63.6 million for Q1 2025 at GRUPO SIMEC, S.A.B. de C.V, up from $41.4 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $63.6 million in Q1 2025 to a low of $28.5 million in Q1 2023.
- Average Tax Provisions over 3 years is $41.0 million, with a median of $40.3 million recorded in 2023.
- Year-over-year, Tax Provisions increased 2.9% in 2024 and jumped 103.18% in 2025.
- Over 3 years, Tax Provisions stood at $40.3 million in 2023, then advanced by 2.9% to $41.4 million in 2024, then jumped by 53.4% to $63.6 million in 2025.
- Per Business Quant data, the three most recent Tax Provisions figures were $63.6 million in Q1 2025, $41.4 million in Q2 2024, and $31.3 million in Q1 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 114.02 Bn | 104.12 Bn | 941.02 Mn | -22.89 Mn |
| 2 | Nucor | 58.75 Bn | 56.06 Bn | 2.03 Bn | 345.00 Mn |
| 3 | Steel Dynamics | 34.64 Bn | 34.06 Bn | 958.97 Mn | 152.68 Mn |
| 4 | Gerdau | 10.07 Bn | 9.00 Bn | 558.98 Mn | -110.36 Mn |
| 5 | Commercial Metals | 7.63 Bn | 7.07 Bn | 455.14 Mn | 15.82 Mn |
| 6 | Cleveland-Cliffs | 6.92 Bn | 6.85 Bn | 132.00 Mn | -20.00 Mn |
| 7 | Posco Holdings | 4.73 Bn | -4.95 Bn | 1.11 Bn | -99.85 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.41 Bn | 2.86 Bn | - | - |
| 9 | National Steel | 1.76 Bn | -1.07 Bn | 579.08 Mn | 69.29 Mn |
| 10 | SunCoke Energy | 874.57 Mn | 831.87 Mn | 100.40 Mn | 4.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2025 | 63.55 Mn |
| Jun 30, 2024 | 41.43 Mn |
| Mar 31, 2024 | 31.28 Mn |
| Jun 30, 2023 | 40.26 Mn |
| Mar 31, 2023 | 28.46 Mn |
| Dec 31, 2015 | 162.00 Mn |