GRUPO SIMEC, S.A.B. de C.V Gross Margin Growth & History (SIM)

GRUPO SIMEC, S.A.B. de C.V's gross margin was 22.65% for fiscal 2024.

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GRUPO SIMEC, S.A.B. de C.V annual gross margin history

GRUPO SIMEC, S.A.B. de C.V annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20242024-12-3122.65%−1.75 pp
20232023-12-3124.40%−2.32 pp
20222022-12-3126.73%−1.41 pp
20212021-12-3128.14%+9.58 pp
20202020-12-3118.56%+6.55 pp
20192019-12-3112.01%−2.33 pp
20182018-12-3114.34%−2.06 pp
20172017-12-3116.40%−0.83 pp
20162016-12-3117.23%

GRUPO SIMEC, S.A.B. de C.V gross margin trends

Over the last five reported fiscal years, GRUPO SIMEC, S.A.B. de C.V's gross margin increased from 12.01% to 22.65%, a change of +10.64 percentage points.

About the metric

What gross margin means

Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.

Calculation and source

How gross margin is calculated

TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review GRUPO SIMEC, S.A.B. de C.V filings at SEC.gov ↗