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GRUPO SIMEC, S.A.B. de C.V. (SIM)

GRUPO SIMEC, S.A.B. de C.V. reported revenue of MX$33.7B in fiscal 2024, down 18.2% from a year earlier. Net income was MX$10.5B, a net margin of 31.2%. Operating cash flow minus capital spending left MX$3.4B of free cash flow in fiscal 2024. At December 31, 2024 it held MX$29.2B in cash. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on July 31, 2026.

Revenue (FY2024)
MX$33.7B
-18.2% year on year
Net margin
31.2%

What GRUPO SIMEC, S.A.B. de C.V. does

GRUPO SIMEC, S.A.B. de C.V. is registered with the SEC under industry code SIC 3312 (Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)). Its shares trade on NYSE under the ticker SIM.

Revenue and profit by year

Revenue
FY18: MX$28.7B MX$28.7B FY18FY18: MX$35.7B MX$35.7B FY18FY19: MX$34.2B MX$34.2B FY19FY20: MX$35.9B MX$35.9B FY20FY21: MX$55.6B MX$55.6B FY21FY22: MX$54.2B MX$54.2B FY22FY23: MX$41.1B MX$41.1B FY23FY24: MX$33.7B MX$33.7B FY24
Net income
FY18: MX$1.9B MX$1.9B FY18FY18: MX$3.7B MX$3.7B FY18FY19: MX$1.6B MX$1.6B FY19FY20: -MX$2.8B -MX$2.8B FY20FY21: MX$9.4B MX$9.4B FY21FY22: MX$7.9B MX$7.9B FY22FY23: MX$4.3B MX$4.3B FY23FY24: MX$10.5B MX$10.5B FY24

Fiscal years as reported in annual reports. Amounts in MXN.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2024MX$33.7Bn/aMX$10.5BMX$22.71MX$3.4B
2023MX$41.1Bn/aMX$4.3BMX$9.28MX$1.8B
2022MX$54.2Bn/aMX$7.9BMX$17.00MX$7.3B
2021MX$55.6Bn/aMX$9.4BMX$20.41MX$7.3B
2020MX$35.9Bn/a-MX$2.8BMX$6.04MX$2.7B
2019MX$34.2Bn/aMX$1.6B-MX$3.52-MX$228.7M

Latest SEC filings

What GRUPO SIMEC, S.A.B. de C.V. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. July 31, 2026
  2. July 31, 2026
    Annual report (foreign issuer) 20-F · period to December 31, 2025
  3. July 29, 2026
  4. May 26, 2026
  5. May 15, 2026
  6. May 1, 2026
  7. May 1, 2026
  8. May 1, 2026
  9. February 20, 2026
  10. October 28, 2025

Recent insider filings (Forms 3, 4 and 144): 6, the latest on March 24, 2026. Insider transactions on SEC

All filings on SEC EDGAR

Questions about SIM

What does GRUPO SIMEC, S.A.B. de C.V. do?

GRUPO SIMEC, S.A.B. de C.V. is registered with the SEC under industry code SIC 3312 (Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)). Its shares trade on NYSE under the ticker SIM.

Is GRUPO SIMEC, S.A.B. de C.V. profitable?

Yes. In fiscal 2024 it reported net income of MX$10.5B on revenue of MX$33.7B, a net margin of 31.2%.

How much revenue does GRUPO SIMEC, S.A.B. de C.V. make?

In fiscal 2024 GRUPO SIMEC, S.A.B. de C.V. reported revenue of MX$33.7B. That is 18.2% less than a year earlier.

When did GRUPO SIMEC, S.A.B. de C.V. last report?

Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on July 31, 2026. It covers the period to December 31, 2025.

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Where the numbers come from

Financial figures are the values GRUPO SIMEC, S.A.B. de C.V. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.