Welcome to our dedicated page for Grupo Simec SEC filings (Ticker: SIM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to Grupo Simec, S.A.B. de C.V. (NYSE: SIM) filings with the U.S. Securities and Exchange Commission, along with AI‑generated explanations to help interpret the information. As a foreign private issuer, Grupo Simec files an Annual Report on Form 20‑F that describes its business as a diversified manufacturer, processor and distributor of SBQ steel and structural steel products with production and commercial operations in Mexico and Brazil and commercial operations in the United States.
In its Form 20‑F and related amendments, the company discusses topics such as controls and procedures and internal control over financial reporting. When amendments are filed, they may include revised conclusions by the principal executive officer and principal financial officer on the effectiveness of disclosure controls and procedures and internal control over financial reporting, while leaving audited financial statements unchanged. AI summaries on this page highlight these sections so readers can quickly see what changed and why it matters.
Grupo Simec also furnishes Form 6‑K current reports that attach press releases on its financial results. These documents contain detailed data on net sales, shipments of finished steel products, cost of sales, gross profit, selling, general and administrative expenses, operating income, EBITDA, comprehensive financial cost or income, income taxes and net income. They also describe sales in Mexico and outside Mexico, movements in average sales prices and cost per ton, and information on liquidity and capital resources, including outstanding medium‑term notes.
Using this filings page, investors can review annual Form 20‑F reports, any amendments, and periodic Form 6‑K submissions, while AI‑powered summaries point out key figures, segment information and disclosures. This helps readers navigate lengthy documents and focus on the aspects of SIM’s filings that relate to its steel manufacturing operations, geographic segments and financial position.
Grupo Simec reported a solid first quarter of 2026, with stronger profits on modestly higher sales. Net sales rose to Ps. 8,032 million from Ps. 7,783 million a year earlier, as shipments of finished steel products increased 11% to 530 thousand tons while average prices fell 7%.
Cost of sales grew only 2%, so gross profit improved to Ps. 2,135 million and gross margin reached 27%. Operating income edged up to Ps. 1,465 million, maintaining an 18% operating margin. EBITDA increased 4% to Ps. 1,754 million.
Comprehensive financial income was a key driver, swinging to a net income of Ps. 312 million from Ps. 57 million, helped by a Ps. 213 million foreign-exchange gain. Income tax expense fell to Ps. 71 million. As a result, net income attributable to controlling interest jumped 31% to Ps. 1,706 million, and basic earnings per share rose to Ps. 3.43 from Ps. 2.62.
The balance sheet remained strong at March 31, 2026, with total assets of Ps. 73,814,095 thousand, cash and cash equivalents of Ps. 28,268,709 thousand, and total liabilities of Ps. 11,971,546 thousand. Equity attributable to owners reached Ps. 61,813,367 thousand. Financial covenants on medium-term notes were comfortably met, including a current-assets-to-current-liabilities ratio of 5.77x and a liabilities-to-assets ratio of 0.16.
Grupo Simec reported a tougher 2025 as currency movements heavily reduced profit despite relatively stable operating performance. Net sales for the twelve months ended December 31, 2025 fell 10% to Ps. 30,291 million, driven by 6% lower steel shipments and a 4% decline in average prices.
Gross profit slipped only 2% to Ps. 7,508 million, with gross margin improving to 25% from 23% as costs per ton fell 7% on lower scrap. However, net income attributable to controlling interest dropped 86% to Ps. 1,496 million, mainly because a prior-year net exchange gain of Ps. 5,556 million turned into a net exchange loss of Ps. 3,607 million, swinging comprehensive financial results from income to expense.
EBITDA was broadly flat, down 1% to Ps. 6,287 million, and operating income eased 2% to Ps. 5,205 million. In the fourth quarter of 2025, sales declined 10% year over year, but gross profit rose 46% and EBITDA 44%, reflecting lower unit costs. The balance sheet remained strong, with total assets of Ps. 71,279 million, cash and cash equivalents of Ps. 28,551 million, and very low financial debt.
GRUPO SIMEC, S.A.B. de C.V. director Raul Arturo Perez Trejo filed an amended Form 3, which is the initial statement of beneficial ownership for insiders. This amendment does not report any share purchases, sales, option exercises, gifts, or other transactions, and shows no derivative positions in the data provided.
GRUPO SIMEC, S.A.B. de C.V. director Alfonso Barragan Galindo filed an initial statement of beneficial ownership on Form 3. This filing establishes his status as an insider of the company but does not report any stock purchases, sales, option exercises, or other equity transactions.
GRUPO SIMEC, S.A.B. de C.V. insider Raul Arturo Perez Trejo filed an initial Form 3 as a ten percent owner of the company. The filing lists him as a significant shareholder but shows no reported purchases, sales, or other transactions in the company’s securities at this time.
GRUPO SIMEC, S.A.B. de C.V. director Rodolfo Jesus Garcia Gomez de Parada filed an initial ownership report on Form 3. The filing identifies him as a director and does not list any transactions or derivative positions. It serves as a baseline disclosure of his reporting status under insider ownership rules.
GRUPO SIMEC, S.A.B. de C.V. filed an initial insider ownership report for Mario Moreno Cortez, who serves as Finance Coordinator. This Form 3 shows no reported transactions and no reported derivative positions, indicating a baseline disclosure of his status as an officer without activity or positions listed in this filing.
GRUPO SIMEC, S.A.B. de C.V. director Luis Garcia Limon has filed an initial insider ownership report with the SEC. The filing is a Form 3, which establishes his status as a reporting person but does not list any specific share transactions or derivative holdings in the data shown.
Grupo Simec reported weaker full-year 2025 results, with net income dropping 85% to Ps. 1,533 million as a large foreign-exchange gain in 2024 turned into a net exchange loss of Ps. 3,602 million in 2025.
Net sales fell 10% to Ps. 30,291 million on 6% lower steel shipments and 4% lower average prices, but operating performance held up: gross profit was flat at Ps. 7,634 million and EBITDA inched up 1% to Ps. 6,446 million, lifting operating and gross margins. In Q4 2025, revenue was Ps. 7,972 million, down 10% year over year but up 7% quarter over quarter, while EBITDA rose to Ps. 1,853 million. The balance sheet remained conservative, with Ps. 28,545 million in cash and minimal listed debt of Ps. 5.4 million in medium-term notes.
Grupo Simec (SIM) reported nine‑month 2025 results showing softer demand and pricing but a sequential earnings rebound. Net sales fell 10% to Ps. 22,320 million as shipments declined 9% to 1,400 thousand tons and average prices edged lower. Cost of sales decreased 9% to Ps. 16,893 million, keeping gross margin at 24% versus 25% a year ago. EBITDA declined 11% to Ps. 4,594 million.
Profitability was hit by currency swings. Net income dropped 91% to Ps. 763 million, mainly as 2024’s net exchange income turned into a Ps. 3,050 million net exchange loss in 2025, driving a comprehensive financial cost of Ps. 2,229 million versus income in 2024. Operating profit decreased 15% to Ps. 3,784 million.
Quarterly trends improved sequentially. Q3 2025 sales rose 6% to Ps. 7,485 million versus Q2, with shipments up to 499 thousand tons; EBITDA was Ps. 1,428 million. Net income swung to Ps. 459 million from a Ps. 1,000 million loss in Q2, as the net financial loss eased to Ps. 384 million. Cash and cash equivalents were Ps. 27,529 million at period end, with minimal MTNs outstanding of Ps. 5.5 million.