GRUPO SIMEC, S.A.B. de C.V (SIM) Tax Rate (2015 - 2025)
GRUPO SIMEC, S.A.B. de C.V's (SIM) quarterly Tax Rate came in at 91.02% in Q1 2025, up 5360.0% year-over-year from 1.67% in Q1 2024, and up 91.51% quarter-over-quarter from 47.53% in Q2 2024.
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GRUPO SIMEC, S.A.B. de C.V (SIM) Tax Rate (2015 - 2025) Analysis & Trends
GRUPO SIMEC, S.A.B. de C.V has disclosed Tax Rate across 4 years of filings, most recently posting 91.02% for Q1 2025.
- In Q1 2025, Tax Rate rose 5360.0% year-over-year to 91.02%; the TTM figure through Mar 2025 stood at 62.26% (up 1695.0% YoY), while the FY2025 annual figure was 44.74%, down 2832.0% from the prior year.
- Tax Rate came in at 91.02% for Q1 2025 at GRUPO SIMEC, S.A.B. de C.V, up from 47.53% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 91.02% in Q1 2025 to a low of 17.14% in Q2 2023.
- Average Tax Rate over 3 years is 42.59%, with a median of 37.42% recorded in 2024.
- Year-over-year, Tax Rate soared 1759 bps in 2024 and soared 5360 bps in 2025.
- Over 3 years, Tax Rate stood at 17.14% in 2023, then jumped by 177 bps to 47.53% in 2024, then jumped by 92 bps to 91.02% in 2025.
- Per Business Quant data, the three most recent Tax Rate figures were 91.02% in Q1 2025, 47.53% in Q2 2024, and 37.42% in Q1 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 114.02 Bn | 104.12 Bn | 941.02 Mn | -4.70% |
| 2 | Nucor | 58.75 Bn | 56.06 Bn | 2.03 Bn | 21.23% |
| 3 | Steel Dynamics | 34.64 Bn | 34.06 Bn | 958.97 Mn | 22.34% |
| 4 | Gerdau | 10.07 Bn | 9.00 Bn | 558.98 Mn | -27.59% |
| 5 | Commercial Metals | 7.63 Bn | 7.07 Bn | 455.14 Mn | 8.38% |
| 6 | Cleveland-Cliffs | 6.92 Bn | 6.85 Bn | 132.00 Mn | 13.16% |
| 7 | Posco Holdings | 4.73 Bn | -4.95 Bn | 1.11 Bn | -16.44% |
| 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 | -30.63% |
| 10 | SunCoke Energy | 874.57 Mn | 831.87 Mn | 100.40 Mn | 23.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2025 | 91.02% |
| Jun 30, 2024 | 47.53% |
| Mar 31, 2024 | 37.42% |
| Jun 30, 2023 | 17.14% |
| Mar 31, 2023 | 19.83% |
| Dec 31, 2015 | 5.59% |