Grupo Simec
SIM
#3018
Rank
C$6.00 B
Marketcap
$38.29
Share price
2.28%
Change (1 day)
-10.14%
Change (1 year)

Operating Margin for Grupo Simec (SIM)

Operating Margin as of December 2024 (TTM): 30.31%

According to Grupo Simec's latest financial reports and stock price the company's current Operating Margin is 30.31%. At the end of 2022 the company had an Operating Margin of 20.61%.

Operating Margin history for Grupo Simec from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202220.61%-17.16%
202124.88%82.99%
202013.59%183.86%
20194.79%-59.31%
201811.77%11.95%
201710.51%-45.43%
201619.27%-289.35%
2015-10.17%-501.48%
20142.53%-12.78%
20132.91%-57.27%
20126.80%-36.36%
201110.68%236.05%
20103.18%-118.99%
2009-16.75%-300.64%
20088.35%-10.41%
20079.32%-27.16%
200612.79%16.69%
200510.96%-64.14%
200430.56%94.42%
200315.72%248.06%
20024.52%-62.6%
200112.08%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
17.12%-43.52%๐Ÿ‡บ๐Ÿ‡ธ USA
18.07%-40.38%๐Ÿ‡บ๐Ÿ‡ธ USA
2.40%-92.08%๐Ÿ‡บ๐Ÿ‡ธ USA
9.00%-70.31%๐Ÿ‡ง๐Ÿ‡ท Brazil
12.75%-57.93%๐Ÿ‡บ๐Ÿ‡ธ USA
16.24%-46.42%๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
1.84%-93.93%๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
-11.73%-138.70%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.