Grupo Simec
SIM
$34.81
Share price
0.00%
Change (1 day)
14.58%
Change (1 year)
Operating Margin for Grupo Simec (SIM)
Operating Margin as of March 2023 (TTM): 21.58%
According to Grupo Simec's latest financial reports and stock price the company's current Operating Margin is 21.58%. At the end of 2021 the company had an Operating Margin of 24.88%.
Operating Margin history for Grupo Simec from 2001 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 24.88% | 82.99% |
| 2020 | 13.59% | 183.86% |
| 2019 | 4.79% | -59.31% |
| 2018 | 11.77% | 19.82% |
| 2017 | 9.82% | -48.7% |
| 2016 | 19.15% | -288.21% |
| 2015 | -10.17% | -501.48% |
| 2014 | 2.53% | -12.78% |
| 2013 | 2.91% | -57.27% |
| 2012 | 6.80% | -35.01% |
| 2011 | 10.46% | 271.94% |
| 2010 | 2.81% | -116.8% |
| 2009 | -16.75% | -300.64% |
| 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% | -21.27% | 🇺🇸 USA |
 Nucor
NUE | 25.21% | 16.82% | 🇺🇸 USA |
 ArcelorMittal MT | 23.54% | 9.08% | 🇱🇺 Luxembourg |
 Steel Dynamics
STLD | 22.86% | 5.93% | 🇺🇸 USA |
 Schnitzer Steel
SCHN | 4.10% | -81.00% | 🇺🇸 USA |
 Ternium
TX | 35.82% | 65.99% | 🇱🇺 Luxembourg |
 U.S. Steel
X | 15.47% | -28.31% | 🇺🇸 USA |
 Gerdau GGB | 20.75% | -3.85% | 🇧🇷 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.