Grupo Simec
SIM
$31.00
Share price
0.00%
Change (1 day)
-10.74%
Change (1 year)
Categories
Operating Margin for Grupo Simec (SIM)
Operating Margin as of April 2024 (TTM): 15.00%
According to Grupo Simec's latest financial reports and stock price the company's current Operating Margin is 15.00%. At the end of 2022 the company had an Operating Margin of 20.31%.
Operating Margin history for Grupo Simec from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 20.31% | -18.34% |
| 2021 | 24.88% | 82.99% |
| 2020 | 13.59% | 183.86% |
| 2019 | 4.79% | -57.12% |
| 2018 | 11.17% | -2.29% |
| 2017 | 11.43% | -40.31% |
| 2016 | 19.15% | 170.76% |
| 2015 | 7.07% | 179.08% |
| 2014 | 2.53% | -12.78% |
| 2013 | 2.91% | -64.95% |
| 2012 | 8.29% | -20.76% |
| 2011 | 10.46% | 271.94% |
| 2010 | 2.81% | 145.55% |
| 2009 | 1.15% | -86.28% |
| 2008 | 8.35% | -10.41% |
| 2007 | 9.32% | -27.16% |
| 2006 | 12.79% | 11.42% |
| 2005 | 11.48% | -62.44% |
| 2004 | 30.56% | 94.42% |
| 2003 | 15.72% | 248.06% |
| 2002 | 4.52% | -62.6% |
| 2001 | 12.08% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Commercial Metals Company CMC | 16.99% | 13.27% | 🇺🇸 USA |
 Nucor
NUE | 24.67% | 64.47% | 🇺🇸 USA |
 ArcelorMittal MT | 14.09% | -6.07% | 🇱🇺 Luxembourg |
 Steel Dynamics
STLD | 22.55% | 50.33% | 🇺🇸 USA |
 Radius Recycling (Schnitzer Steel)
RDUS | 2.70% | -82.00% | 🇺🇸 USA |
 Ternium
TX | 16.24% | 8.27% | 🇱🇺 Luxembourg |
 U.S. Steel
X | 9.14% | -39.07% | 🇺🇸 USA |
 Gerdau GGB | 16.53% | 10.20% | 🇧🇷 Brazil |
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.