Usinas Siderurgicas de Minas Gerais (BSP:USIM3) Net Margin % : 0.23% (As of Mar. 2024)

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What is Usinas Siderurgicas de Minas Gerais Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Usinas Siderurgicas de Minas Gerais's Net Income for the three months ended in Mar. 2024 was R$14 Mil. Usinas Siderurgicas de Minas Gerais's Revenue for the three months ended in Mar. 2024 was R$6,223 Mil. Therefore, Usinas Siderurgicas de Minas Gerais's net margin for the quarter that ended in Mar. 2024 was 0.23%.

The historical rank and industry rank for Usinas Siderurgicas de Minas Gerais's Net Margin % or its related term are showing as below:

BSP:USIM3' s Net Margin % Range Over the Past 10 Years
Min: -31.77 Med: 3.18 Max: 26.89
Current: 3.5

BSP:USIM3's Net Margin % is ranked better than
53.81% of 604 companies
in the Steel industry
Industry Median: 2.91 vs BSP:USIM3: 3.50

Usinas Siderurgicas de Minas Gerais Net Margin % Historical Data

The historical data trend for Usinas Siderurgicas de Minas Gerais's Net 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.

Usinas Siderurgicas de Minas Gerais Net Margin % Chart

Usinas Siderurgicas de Minas Gerais Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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1.43

4.18

26.89

4.98

5.03

Usinas Siderurgicas de Minas Gerais Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Margin %	Get a 7-Day Free Trial															6.54	3.69	-3.16	12.90	0.23

Competitive Comparison of Usinas Siderurgicas de Minas Gerais's Net Margin %

For the Steel subindustry, Usinas Siderurgicas de Minas Gerais's Net Margin %, along with its competitors' market caps and Net 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.

Usinas Siderurgicas de Minas Gerais's Net Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Usinas Siderurgicas de Minas Gerais's Net Margin % distribution charts can be found below:

* The bar in red indicates where Usinas Siderurgicas de Minas Gerais's Net Margin % falls into.

Usinas Siderurgicas de Minas Gerais Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Usinas Siderurgicas de Minas Gerais's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	1390.926	/	27638.348
	=	5.03 %

Usinas Siderurgicas de Minas Gerais's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin	=	Net Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	14.381	/	6222.819
	=	0.23 %

Usinas Siderurgicas de Minas Gerais (BSP:USIM3) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Usinas Siderurgicas de Minas Gerais Net Margin % Related Terms

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Usinas Siderurgicas de Minas Gerais (BSP:USIM3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Usinas Siderurgicas de Minas Gerais SA (BSP:USIM3) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

USNZY:USA XUSIO:Spain XUSI:Spain U1S1:Germany USIM6:Brazil USIM5:Brazil

Address

Rua Professor Jose Vieira de Mendonca, 3.011 - Engenho Nogueira, Belo Horizonte, MG, BRA, 31310-260

Website

https://www.usiminas.com

Usinas Siderurgicas de Minas Gerais SA is a Brazil-based company that is primarily engaged in the production and distribution of flat steel products. The company's product portfolio consists of ordinary heavy plates, Sincron series premium heavy plates, hot strips, cold-rolled products, and galvanized products. These products are used in automotive, civil construction, railway, electric, white goods, offshore platforms, and agricultural and construction machinery. The Brazilian domestic market represents the majority of the company's sales, while the United States, Argentina, and Turkey are the three biggest export destination markets for the company.

Usinas Siderurgicas de Minas Gerais (BSP:USIM3) Headlines

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