GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Grupo Simec SAB de CV (AMEX:SIM) » Definitions » Operating Margin %
中文

Grupo SimecB de CV (Grupo SimecB de CV) Operating Margin %

: 19.39% (As of Dec. 2023)
View and export this data going back to 1993. Start your Free Trial

Operating Margin % is calculated as Operating Income divided by its Revenue. Grupo SimecB de CV's Operating Income for the three months ended in Dec. 2023 was $101 Mil. Grupo SimecB de CV's Revenue for the three months ended in Dec. 2023 was $519 Mil. Therefore, Grupo SimecB de CV's Operating Margin % for the quarter that ended in Dec. 2023 was 19.39%.

Good Sign:

Grupo Simec SAB de CV operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Grupo SimecB de CV's Operating Margin % or its related term are showing as below:

SIM' s Operating Margin % Range Over the Past 10 Years
Min: -0.84   Med: 12.28   Max: 24.31
Current: 20.34


SIM's Operating Margin % is ranked better than
92.55% of 604 companies
in the Steel industry
Industry Median: 4.67 vs SIM: 20.34

Grupo SimecB de CV's 5-Year Average Operating Margin % Growth Rate was 22.20% per year.

Grupo SimecB de CV's Operating Income for the three months ended in Dec. 2023 was $101 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $481 Mil.


Grupo SimecB de CV Operating Margin % Historical Data

The historical data trend for Grupo SimecB de CV's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Grupo SimecB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.80 14.38 24.31 22.32 20.34

Grupo SimecB de CV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.09 20.88 21.56 19.20 19.39

Competitive Comparison

For the Steel subindustry, Grupo SimecB de CV's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Grupo SimecB de CV Operating Margin % Distribution

For the Steel industry and Basic Materials sector, Grupo SimecB de CV's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Grupo SimecB de CV's Operating Margin % falls into.



Grupo SimecB de CV Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Grupo SimecB de CV's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=493.96 / 2428.197
=20.34 %

Grupo SimecB de CV's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=100.674 / 519.337
=19.39 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Grupo SimecB de CV  (AMEX:SIM) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Grupo SimecB de CV Operating Margin % Related Terms

Thank you for viewing the detailed overview of Grupo SimecB de CV's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Grupo SimecB de CV (Grupo SimecB de CV) Business Description

Traded in Other Exchanges
Address
Calzada Lazaro Cardenas 601, Colonia La Nogalera, Guadalajara, JAL, MEX, 44440
Grupo Simec SAB de CV is a diversified manufacturer, processor, and distributor of special bar quality, or SBQ, steel, and structural steel products. The United States, Brazil, and Mexico are the biggest markets for the company. The company's SBQ products are used across a broad range of engineered end-user applications, including axles, hubs, and crankshafts for automobiles and light trucks, machine tools, and off-highway equipment. The company's structural steel products are mainly used in the non-residential construction market and other construction applications.