Grupo Simec
SIM
#2611
Rank
$4.91 B
Marketcap
$31.00
Share price
0.00%
Change (1 day)
-10.74%
Change (1 year)

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
202220.31%-18.34%
202124.88%82.99%
202013.59%183.86%
20194.79%-57.12%
201811.17%-2.29%
201711.43%-40.31%
201619.15%170.76%
20157.07%179.08%
20142.53%-12.78%
20132.91%-64.95%
20128.29%-20.76%
201110.46%271.94%
20102.81%145.55%
20091.15%-86.28%
20088.35%-10.41%
20079.32%-27.16%
200612.79%11.42%
200511.48%-62.44%
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
16.99% 13.27%๐Ÿ‡บ๐Ÿ‡ธ USA
24.67% 64.47%๐Ÿ‡บ๐Ÿ‡ธ USA
14.09%-6.07%๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
22.55% 50.33%๐Ÿ‡บ๐Ÿ‡ธ USA
2.70%-82.00%๐Ÿ‡บ๐Ÿ‡ธ USA
16.24% 8.27%๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
9.14%-39.07%๐Ÿ‡บ๐Ÿ‡ธ USA
16.53% 10.20%๐Ÿ‡ง๐Ÿ‡ท 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.