Groupo Simec, S.A.B de C.V. (SIM) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 22, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2024, filed May 15, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SIM SEC filings page.
Groupo Simec, S.A.B de C.V. (SIM) reported $1.6B in revenue for fiscal year 2024, down 33.7% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Scored against operating companies for FY2024. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Groupo Simec, S.A.B de C.V.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Groupo Simec, S.A.B de C.V.'s revenue declined 33.7% year-over-year, from $2.4B to $1.6B. This contraction results in a growth score of 3/100.
With a current ratio of 4.56, Groupo Simec, S.A.B de C.V. holds $4.56 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 90/100.
Groupo Simec, S.A.B de C.V. has a free cash flow margin of 10.2%, earning a moderate score of 63/100. The company generates positive cash flow after capital investments, but with room for improvement.
Groupo Simec, S.A.B de C.V. earns a strong 17.7% return on equity (ROE), meaning it generates $18 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 80/100. This is up from 8.6% the prior year.
Groupo Simec, S.A.B de C.V. passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Groupo Simec, S.A.B de C.V. generates $0.53 in operating cash flow ($266.0M OCF vs $502.9M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Key Financial Metrics
Earnings & Revenue
Groupo Simec, S.A.B de C.V. generated $1.6B in revenue in fiscal year 2024. This represents a decrease of 33.7% from the prior year.
Groupo Simec, S.A.B de C.V. reported $502.9M in net income in fiscal year 2024. This represents an increase of 98.4% from the prior year.
Not reported for fiscal year 2024.
Not reported for fiscal year 2024.
Cash & Balance Sheet
Groupo Simec, S.A.B de C.V. generated $164.1M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 56.6% from the prior year.
Groupo Simec, S.A.B de C.V. held $1.4B in cash as of fiscal year 2024; no long-term debt figure is on record for that period.
Not reported for fiscal year 2024.
Margins & Returns
Groupo Simec, S.A.B de C.V.'s gross margin was 22.7% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 1.7 percentage points from the prior year.
Groupo Simec, S.A.B de C.V.'s net profit margin was 31.2% in fiscal year 2024, showing the share of revenue converted to profit. This is up 20.8 percentage points from the prior year.
Groupo Simec, S.A.B de C.V.'s ROE was 17.7% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 9.1 percentage points from the prior year.
Not reported for fiscal year 2024.
Capital Allocation
Groupo Simec, S.A.B de C.V. invested $102.0M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 30.9% from the prior year.
Not reported for fiscal year 2024.
Not reported for fiscal year 2024.
SIM Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.6B-33.7% | $2.4B-12.4% | $2.8B+2.5% | $2.7B+50.4% | $1.8B-0.5% | $1.8B-0.3% | $1.8B+24.3% | $1.5B+9.5% | $1.3B |
| Cost of Revenue | $1.2B-32.2% | $1.8B-9.6% | $2.0B+4.5% | $1.9B+32.7% | $1.5B-7.9% | $1.6B+2.4% | $1.6B+27.4% | $1.2B+10.6% | $1.1B |
| Gross Profit | $365.6M-38.5% | $594.0M-20.0% | $742.5M-2.7% | $763.0M+128.0% | $334.7M+53.8% | $217.6M-16.5% | $260.5M+8.7% | $239.6M+4.2% | $229.9M |
| Interest Expense | $179K-98.0% | $9.1M+214.7% | $2.9M-32.2% | $4.3M+57.8% | $2.7M-7.4% | $2.9M+247.1% | $841K-69.6% | $2.8M+42.2% | $1.9M |
| Income Tax | $98.8M-4.1% | $103.0M-39.2% | $169.2M-20.9% | $214.0M+104.9% | $104.5M-39.9% | $173.7M+353.3% | $38.3M-33.0% | $57.2M+25.9% | $45.4M |
| Net Income | $502.9M+98.4% | $253.4M-37.2% | $403.3M-12.4% | $460.4Mn/m | -$140.7M-261.8% | $86.9M-53.3% | $186.1M+92.9% | $96.5M-31.6% | $141.0M |
| EPS (Basic) | $1.09+98.3% | $0.55-37.0% | $0.87-12.4% | $0.99+227.7% | $0.30n/m | -$0.19 | N/A | N/A | N/A |
Not reported in any period shown, so not listed: R&D Expenses, SG&A Expenses, Operating Income, EBITDA, EPS (Diluted), Diluted Shares (Avg).
SIM Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F |
|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $3.5B-11.1% | $4.0B+13.9% | $3.5B+24.1% | $2.8B+22.2% | $2.3B-2.0% | $2.3B-6.2% | $2.5B+6.3% | $2.3B+15.2% | $2.0B |
| Current Assets | $2.2B-9.8% | $2.5B+10.6% | $2.2B+28.0% | $1.7B+42.4% | $1.2B+3.1% | $1.2B-10.6% | $1.3B+14.2% | $1.2B | N/A |
| Cash & Equivalents | $1.4B+0.2% | $1.4B+26.3% | $1.1B+49.8% | $737.6M+89.9% | $388.5M-1.6% | $394.8M+11.0% | $355.9M-3.0% | $366.8M+0.3% | $365.5M |
| Inventory | $535.3M-11.3% | $603.8M-8.0% | $656.1M+14.6% | $572.7M+25.5% | $456.1M+4.4% | $437.1M-15.4% | $516.3M+22.7% | $420.8M | N/A |
| Accounts Receivable | N/A | N/A | $28.9M+33.8% | $21.6M | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $108.5M-20.2% | $136.0M+14.0% | $119.3M+5.8% | $112.7M-3.5% | $116.8M-5.7% | $123.8M+7.1% | $115.7M-8.1% | $125.8M | N/A |
| Total Liabilities | $674.0M-32.9% | $1.0B-0.2% | $1.0B+33.0% | $757.7M+20.7% | $627.6M+3.8% | $604.7M-11.0% | $679.6M+14.5% | $593.7M+41.5% | $419.5M |
| Current Liabilities | $489.1M-36.3% | $767.5M-1.3% | $777.3M+44.1% | $539.2M+27.3% | $423.6M+9.6% | $386.3M-15.6% | $458.0M+20.2% | $380.9M | N/A |
| Non-Current Liabilities | $184.9M-22.1% | $237.4M+3.2% | $230.0M+5.3% | $218.4M+7.1% | $204.0M-6.6% | $218.4M-1.5% | $221.7M+4.2% | $212.8M | N/A |
| Long-Term Debt | N/A | $41.9M+15.4% | $36.3M+42.9% | $25.4M-0.2% | $25.5M | N/A | N/A | $154.4M+34.6% | $114.7M |
| Total Equity | $2.8B-3.6% | $2.9B+19.7% | $2.5B+20.8% | $2.0B+22.8% | $1.7B-4.0% | $1.7B-5.3% | $1.8B+4.1% | $1.8B+8.8% | $1.6B |
| Retained Earnings | $2.5B+1.1% | $2.5B+28.3% | $2.0B+32.6% | $1.5B+41.0% | $1.0B-1.4% | $1.1B-3.8% | $1.1B+3.1% | $1.1B | N/A |
Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments.
SIM Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F |
|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $266.0M+5.5% | $252.3M-45.0% | $459.0M+12.3% | $408.9M+123.8% | $182.7M+230.4% | $55.3M-66.3% | $164.2M+1.3% | $162.1M-41.4% | $276.7M |
| Depreciation & Amortization | N/A | N/A | $57.3M0.0% | $57.3M-21.5% | $73.0M+24.2% | $58.8M+3.8% | $56.7M-24.1% | $74.6M+7.6% | $69.3M |
| Capital Expenditures | $102.0M-30.9% | $147.5M+69.5% | $87.0M+67.4% | $52.0M+8.7% | $47.8M-29.1% | $67.4M-33.6% | $101.6M-34.4% | $154.8M+2.9% | $150.4M |
| Free Cash Flow | $164.1M+56.6% | $104.8M-71.8% | $372.0M+4.2% | $356.9M+164.6% | $134.9Mn/m | -$12.1M-119.4% | $62.6M+748.9% | $7.4M-94.2% | $126.4M |
| Investing Cash Flow | -$13.3Mn/m | -$75.9Mn/m | -$212.2Mn/m | -$49.2Mn/m | -$41.9Mn/m | -$5.7Mn/m | -$41.8Mn/m | -$158.8Mn/m | -$264.0M |
| Financing Cash Flow | -$6.2Mn/m | -$14.4M-112.5% | $114.6Mn/m | -$7.9Mn/m | -$104.9Mn/m | -$11.2Mn/m | -$134.5Mn/m | -$19.1M-143.8% | $43.6M |
| Dividends Paid | N/A | N/A | N/A | N/A | $100.0M | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | $257.7M+17.8% | $218.8M+106.3% | $106.1M+0.4% | $105.7M-3.3% | $109.2M+12.6% | $96.9M+611.7% | $13.6M | N/A |
Not reported in any period shown, so not listed: Stock-Based Compensation.
SIM Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 22.7%-1.7pp | 24.4%-2.3pp | 26.7%-1.4pp | 28.1%+9.6pp | 18.6%+6.5pp | 12.0%-2.3pp | 14.3%-2.1pp | 16.4%-0.8pp | 17.2% |
| Net Margin | 31.2%+20.8pp | 10.4%-4.1pp | 14.5%-2.5pp | 17.0%+24.8pp | -7.8%-12.6pp | 4.8%-5.4pp | 10.2%+3.6pp | 6.6%-4.0pp | 10.6% |
| Return on Equity | 17.7%+9.1pp | 8.6%-7.8pp | 16.4%-6.2pp | 22.6%+31.1pp | -8.5%-13.5pp | 5.0%-5.2pp | 10.2%+4.7pp | 5.5%-3.2pp | 8.8% |
| Return on Assets | 14.3%+7.9pp | 6.4%-5.2pp | 11.6%-4.8pp | 16.5%+22.6pp | -6.2%-9.9pp | 3.7%-3.8pp | 7.5%+3.4pp | 4.1%-2.8pp | 6.9% |
| Current Ratio | 4.56+1.3x | 3.22+0.3x | 2.87-0.4x | 3.23+0.3x | 2.89-0.2x | 3.08+0.2x | 2.90-0.2x | 3.06 | N/A |
| Debt-to-Equity | N/A | 0.010.0x | 0.010.0x | 0.010.0x | 0.02 | N/A | N/A | 0.090.0x | 0.07 |
| Liabilities-to-Equity | 0.24-0.1x | 0.34-0.1x | 0.410.0x | 0.370.0x | 0.380.0x | 0.350.0x | 0.370.0x | 0.34+0.1x | 0.26 |
| Asset Turnover | 0.46-0.2x | 0.62-0.2x | 0.80-0.2x | 0.97+0.2x | 0.790.0x | 0.780.0x | 0.73+0.1x | 0.620.0x | 0.66 |
| FCF Margin | 10.2%+5.9pp | 4.3%-9.1pp | 13.4%+0.2pp | 13.2%+5.7pp | 7.5%+8.2pp | -0.7%-4.1pp | 3.5%+3.0pp | 0.5%-9.0pp | 9.5% |
Not reported in any period shown, so not listed: Operating Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Groupo Simec, S.A.B de C.V. SIM | FY2024 | $1.6B | $502.9M | 31.2% | $4.0B | 65/100 |
| Ternium S.A. TX | FY2025 | $15.6B | $425.2M | 2.7% | $11.0B | 48/100 |
| Cleveland-Cliffs Inc. CLF | FY2025 | $18.6B | -$1.5B | -7.9% | $7.9B | 29/100 |
| Commercial Metals Company CMC | FY2026 | $9.4B | $655.8M | 7.0% | $6.9B | 56/100 |
| Worthington Steel, Inc. WS | FY2026 | $3.4B | $8.5M | 0.3% | $2.0B | 49/100 |
Where Groupo Simec, S.A.B de C.V. Ranks
Frequently Asked Questions
What is Groupo Simec, S.A.B de C.V.'s annual revenue?
Groupo Simec, S.A.B de C.V. (SIM) reported $1.6B in total revenue for fiscal year 2024. This represents a -33.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Groupo Simec, S.A.B de C.V.'s revenue growing?
Groupo Simec, S.A.B de C.V. (SIM) revenue declined by 33.7% year-over-year, from $2.4B to $1.6B in fiscal year 2024.
Is Groupo Simec, S.A.B de C.V. profitable?
Yes, Groupo Simec, S.A.B de C.V. (SIM) reported a net income of $502.9M in fiscal year 2024, with a net profit margin of 31.2%.
What is Groupo Simec, S.A.B de C.V.'s gross margin?
Groupo Simec, S.A.B de C.V. (SIM) had a gross margin of 22.7% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Groupo Simec, S.A.B de C.V.'s net profit margin?
Groupo Simec, S.A.B de C.V. (SIM) had a net profit margin of 31.2% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Groupo Simec, S.A.B de C.V.'s return on equity (ROE)?
Groupo Simec, S.A.B de C.V. (SIM) has a return on equity of 17.7% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Groupo Simec, S.A.B de C.V.'s free cash flow?
Groupo Simec, S.A.B de C.V. (SIM) generated $164.1M in free cash flow during fiscal year 2024. This represents a 56.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Groupo Simec, S.A.B de C.V.'s operating cash flow?
Groupo Simec, S.A.B de C.V. (SIM) generated $266.0M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Groupo Simec, S.A.B de C.V.'s total assets?
Groupo Simec, S.A.B de C.V. (SIM) had $3.5B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Groupo Simec, S.A.B de C.V.'s capital expenditures?
Groupo Simec, S.A.B de C.V. (SIM) invested $102.0M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
What is Groupo Simec, S.A.B de C.V.'s current ratio?
Groupo Simec, S.A.B de C.V. (SIM) had a current ratio of 4.56 as of fiscal year 2024, which is generally considered healthy.
What is Groupo Simec, S.A.B de C.V.'s liabilities-to-equity ratio?
Groupo Simec, S.A.B de C.V. (SIM) had a liabilities-to-equity ratio of 0.24 as of fiscal year 2024, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2024, because the filing data we hold for that year carries no long-term debt figure.
What is Groupo Simec, S.A.B de C.V.'s return on assets (ROA)?
Groupo Simec, S.A.B de C.V. (SIM) had a return on assets of 14.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Groupo Simec, S.A.B de C.V.'s P/E ratio?
Groupo Simec, S.A.B de C.V. (SIM) trades at 7.9x earnings, its market capitalization divided by $502.9M net income, FY2024. The market capitalization is $4.0B as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Groupo Simec, S.A.B de C.V.'s price-to-sales ratio?
Groupo Simec, S.A.B de C.V. (SIM) trades at 2.5x sales, its market capitalization divided by $1.6B revenue, FY2024. The market capitalization is $4.0B as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Groupo Simec, S.A.B de C.V.'s Piotroski F-Score?
Groupo Simec, S.A.B de C.V. (SIM) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Groupo Simec, S.A.B de C.V.'s earnings high quality?
Groupo Simec, S.A.B de C.V. (SIM) has an earnings quality ratio of 0.53x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Groupo Simec, S.A.B de C.V.?
Groupo Simec, S.A.B de C.V. (SIM) scores 65 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.