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SIM on NYSE

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

GRUPO SIMEC, S.A.B. de C.V. is a steel works, listed on NYSE (SIM).1

$27.95 up 0.46 (1.67%)Price as of Oct 15, 2026 at 17:33 UTC

Last updated Oct 21, 2026.

Overview

Compare with another stock.

  • TickerSIM on NYSE1
  • IndustrySteel Works, Blast Furnaces & Rolling Mills (Coke Ovens)1
  • Business addressCalzada Lazaro Cardenas 601, 44910 Guadalajara Ja, Ny 100223
  • Filer categoryLarge accelerated filer3

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México, S.A. de C.V. (formerly Malla San 1, S.A. de C.V.) purchased the fixed assets of a wire production plant in Silao, Guanajuato.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from. Figures are in MXN, the currency the company reports in.

Key numbers, fiscal 2024

22.7%Gross margin5
31.1%Net margin5
-18.2%Revenue growth, 20245
17.7%Return on equity5
3.4B MXNFree cash flow5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Regions

Mexico brought in 60% of the revenue GRUPO SIMEC, S.A.B. de C.V. broke down this way in fiscal 2025.

  1. Mexico18.2B MXN660%down 7% from 2024
  2. Brazil12.1B MXN640%down 14% from 2024
  3. United States29.0M MXN60%down 69% from 2024
Regions by year
Regions202320242025
Mexico24.8B MXN19.5B MXN18.2B MXN
Brazil13.9B MXN14.0B MXN12.1B MXN
United States2.4B MXN92.2M MXN29.0M MXN

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Cost of revenue40¢26.0B MXN
  • Selling, general and admin44¢28.6B MXN
  • Interest0¢3.7M MXN
  • Profit16¢10.5B MXN

Out of 33.7B MXN in revenue.5

Where each dollar of operating cash went, fiscal 2024

  • Capital spending38¢2.1B MXN
  • Share buybacks2¢126.5M MXN
  • Kept or used elsewhere59¢3.3B MXN

Out of 5.5B MXN of cash from operations.5

Financial statements

Revenue78910533.7B MXN in 2024−6% since 2018
020.0B MXN40.0B MXN60.0B MXN2018: 35.7B MXN35.7B MXN20182019: 34.2B MXN34.2B MXN2019−4%2020: 35.9B MXN35.9B MXN2020+5%2021: 55.6B MXN55.6B MXN2021+55%2022: 54.2B MXN54.2B MXN2022−3%2023: 41.1B MXN41.1B MXN2023−24%2024: 33.7B MXN33.7B MXN2024−18%
Gross profit7891057.6B MXN in 2024+49% since 2018
05.0B MXN10.0B MXN15.0B MXN20.0B MXN2018: 5.1B MXN5.1B MXN20182019: 4.1B MXN4.1B MXN2019−20%2020: 6.7B MXN6.7B MXN2020+62%2021: 15.7B MXN15.7B MXN2021+135%2022: 14.5B MXN14.5B MXN2022−8%2023: 10.0B MXN10.0B MXN2023−31%2024: 7.6B MXN7.6B MXN2024−24%
Net income78910510.5B MXN in 2024+204% since 2018
-5.0B MXN05.0B MXN10.0B MXN15.0B MXN2018: 3.4B MXN3.4B MXN20182019: -1.6B MXN-1.6B MXN20192020: 2.8B MXN2.8B MXN20202021: 9.4B MXN9.4B MXN2021+238%2022: 7.9B MXN7.9B MXN2022−17%2023: 4.3B MXN4.3B MXN2023−46%2024: 10.5B MXN10.5B MXN2024+145%

Every line of the income statement as filed: the last 3 fiscal years, latest first.6

Period ending2025-12-312024-12-312023-12-31
Net sales30.3B MXN33.7B MXN41.1B MXN
Cost of sales-22.8B MXN-26.0B MXN-31.1B MXN
Gross profit7.5B MXN7.6B MXN10.0B MXN
Administrative expenses-2.8B MXN-2.6B MXN-2.3B MXN
Other income (expense), net526.5M MXN278.7M MXN-119.5M MXN
Interest income and dividends1.2B MXN1.6B MXN931.9M MXN
Interest expense-110.8M MXN-3.7M MXN-153.7M MXN
Gain (Loss) on financial instruments48.5M MXN68.1M MXN64.4M MXN
Foreign exchange loss, net-3.6B MXN5.6B MXN-2.4B MXN
Income before income taxes2.7B MXN12.5B MXN6.0B MXN
Income taxes-1.2B MXN-2.1B MXN-1.7B MXN
Net income for the year1.5B MXN10.5B MXN4.3B MXN
Translation effects of foreign subsidiaries-1.4B MXN-917.5M MXN-2.7B MXN
Other stock instruments0 MXN0 MXN289.6M MXN
Total other comprehensive income for the year.-1.4B MXN-917.5M MXN-2.4B MXN
Comprehensive income for the year, net of tax107.6M MXN9.6B MXN1.9B MXN
Controlling interest1.5B MXN10.5B MXN4.3B MXN
Non-controlling interest-1.2M MXN-7.3M MXN-8.8M MXN
Controlling interest106.1M MXN9.6B MXN1.9B MXN
Non-controlling interest1.5M MXN3.4M MXN-12.8M MXN
Weighted average shares outstanding (in thousands of shares) (in Shares)460.6M shares461.4M shares461.7M shares
Earnings per share for net income for the year attributable to controlling interest (expressed in pesos) (in Pesos per share and Dollars per share)3.25 MXN22.71 MXN9.28 MXN

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What it owns

What GRUPO SIMEC, S.A.B. de C.V. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net19.6B MXN5 Dec 31, 202418.0B MXN5 Dec 31, 2023+9.3%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents29.2B MXN5 Dec 31, 202423.6B MXN5 Dec 31, 2023+23.6%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)-2.3B MXN5 Dec 31, 20242.3B MXN5 Dec 31, 2023−198.5%

Inventory

ItemLatestA year beforeChange
Inventory, total11.2B MXN5 Dec 31, 202410.2B MXN5 Dec 31, 2023+9.4%
Raw materials4.6B MXN5 Dec 31, 20244.7B MXN5 Dec 31, 2023−1.9%

Leadership

Who has led GRUPO SIMEC, S.A.B. de C.V., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (5)

Former names

  • GROUP SIMEC SA DE CVMay 7, 2002 to Apr 29, 20223

Calendar

Coming up

  1. Oct 27, 2026Reports results for the quarter ending Sep/202616

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

61 filings to the SEC since October 2021: 7 annual reports, 6 insider forms, 48 other. The latest 20:

  1. Jul 31, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  2. Jul 31, 202620-F ANNUAL REPORT EDGAR
  3. Jul 29, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  4. May 26, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  5. May 15, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  6. May 1, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  7. May 1, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  8. May 1, 2026NT 20-F NOTIFICATION OF LATE FILING EDGAR
  9. Mar 24, 20263/A EDGAR
  10. Mar 19, 20263 EDGAR
  11. Mar 18, 20263 EDGAR
  12. Mar 18, 20263 EDGAR
  13. Mar 18, 20263 EDGAR
  14. Mar 18, 20263 EDGAR
  15. Feb 20, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  16. Nov 17, 2025UPLOAD EDGAR
  17. Oct 28, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  18. Oct 2, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  19. Oct 2, 202520-F/A AMENDMENT NO. 1 TO FORM 20-F EDGAR
  20. Oct 1, 2025CORRESP EDGAR

The 61 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Renaissance Technologies LLC206,124$6.2M0.0%−700
Susquehanna International Group, Llp21,395$644.6K0.0%−109
Dimensional Fund Advisors LP14,169$426.9K0.0%No change
BlackRock, Inc.874$24.5K0.0%No change
Jpmorgan Chase & Co670$20.3K0.0%No change
Morgan Stanley315$8.8K0.0%No change
UBS Group AG178$5.0K0.0%−13
Osaic Holdings, Inc.166$4.6K0.0%No change
Integrated Wealth Concepts LLC126$3.5K0.0%New
Bnp Paribas Financial Markets25$7850.0%No change
SBI Securities Co., Ltd.26$7830.0%No change
Acadian Asset Management LLC1,124$330.0%No change

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How GRUPO SIMEC, S.A.B. de C.V. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARGRUPO SIMEC, S.A.B. de C.V.1
  • CIK0000887153
  • Filer statusLarge accelerated filer not an emerging growth company; not a shell company4
  • Incorporated inO54
  • Fiscal year endsDecember 311
  • Industry code (SIC)3312 Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)1
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
  • Business addressCalzada Lazaro Cardenas 601, 44910 Guadalajara Ja, NY 100221
  • Mailing addressCalzada Lazaro Cardenas, Guadalajara Jalisco, NY 9999999991
  • Phone01152 333 669 57421
  • Shares outstanding497,709,214 shares as of Dec 31, 20254
  • AuditorCarlos de los Santos Anaya, C.P.A., San Luis Potosí, S.L.P., México PCAOB ID 3281; it also attests to the company’s internal control over financial reporting4
  • On EDGAR sinceMay 7, 20021
  • Filings264 in all: 6-K (161), 20-F (25), UPLOAD (21), NT 20-F (20), CORRESP (11), 20-F/A (6), 3 (5), 6-K/A (5)1
    All 15 form types

    F-1/A (3), 424B3 (2), 3/A (1), 424B1 (1), EFFECT (1), F-1 (1), F-6 POS (1)

  • Latest filingsAnnual report (20-F) Jul 31, 2026

Securities registered for trading

ClassSymbolExchange
American Depositary Shares (each representing three Series B shares)SIMNYSE American
Series B Common StockNYSE American

From the cover page of the 20-F filed Jul 31, 2026 (Section 12(b) of the Exchange Act).4

Sources

The numbers on this page point here. Each one links to the record it came from.

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    Yahoo FinanceSIM quote
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