Ternium S.A. (TX)

Ternium S.A., together with its subsidiaries, manufactures and distributes steel products in Mexico, Southern Region, Brazil, and internationally. The company operates through two segments, Steel and Mining. The Steel segment offers slabs, heavy plates, hot and cold rolled products, coated products, stamped steel parts for the automotive industry, roll-formed and tubular products, billets, bars, and other products, including sales of energy. Its Mining segment sells iron ore and pellets. It also provides medical and social; scrap; and engineering and other services. In addition, the company engages in the exploration, exploitation, and pelletizing of iron ore. Ternium S.A. was founded in 1961 and is based in Luxembourg, Luxembourg. Ternium S.A. is a subsidiary of Techint Holdings S.à r.l.

Symbol
TX
Exchange
NYSE
Sector
Basic Materials
Industry
Steel
Market cap
$113.13B
52 week range
33.01 - 58.73

Valuation

Share price
$56.26 (close of 2026-09-23)
P/E (TTM)
256.50x
Price to book
7.01x
Price to free cash flow
-327.45x
Enterprise value
$114.20B
Book value per share
$8.05

Price performance

PeriodChange
1 day-1.02%
5 days-1.73%
1 month+1.46%
3 months+24.03%
6 months+46.82%
Year to date+47.32%
1 year+64.84%
3 years+46.28%
5 years+28.39%
10 years+187.33%
All time+140.74%

Profitability and growth

Return on equity
2.63%
Return on invested capital
2.09%
Return on assets
1.80%
Return on capital employed
3.58%
Gross margin
15.08%
Net margin
2.72%
EBITDA margin
4.52%
Revenue growth
-11.56%
Net income growth
892.28%
Free cash flow growth
-506.22%

Cash flow and balance sheet

Free cash flow yield (TTM)
-0.31%
Current ratio
2.49x
Net debt to EBITDA
0.65x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$15.61B
Cost of revenue
$13.26B
Gross profit
$2.35B
EBITDA
$705.42M
Net income
$425.23M
Earnings per share
$0.22
Research and development
$21.80M
Interest expense
$214.39M
Shares outstanding
1.96B

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$15.61B$2.35B$425.23M$0.22
2024-12-31$17.65B$2.89B$-53.67M$-0.03
2023-12-31$17.61B$3.56B$676.04M$0.34
2022-12-31$16.41B$3.93B$1.77B$0.90
2021-12-31$16.09B$6.20B$3.83B$1.95
2020-12-31$8.74B$1.64B$778.47M$0.40
2019-12-31$10.19B$1.74B$564.27M$0.29
2018-12-31$11.45B$2.97B$1.51B$0.77
2017-12-31$9.70B$2.30B$886.22M$0.45
2016-12-31$7.22B$1.84B$595.64M$0.30

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3115.08%2.72%2.63%2.09%
2024-12-3116.37%-0.30%-0.33%4.20%
2023-12-3120.21%3.84%4.02%10.74%
2022-12-3123.93%10.77%12.84%15.88%
2021-12-3138.50%23.77%31.26%30.51%
2020-12-3118.72%8.91%9.22%7.94%
2019-12-3117.07%5.54%7.31%6.87%
2018-12-3125.94%13.15%20.13%18.61%
2017-12-3123.68%9.14%15.14%12.82%
2016-12-3125.46%8.25%11.53%11.77%

Cash and debt by year

Period endCashDebt
2025-12-31$1.53B$1.81B
2024-12-31$1.69B$1.56B
2023-12-31$1.85B$1.21B
2022-12-31$1.65B$532.70M
2021-12-31$1.28B$656.47M
2020-12-31$537.88M$1.33B
2019-12-31$519.97M$1.63B
2018-12-31$250.54M$1.64B
2017-12-31$337.78M$1.72B
2016-12-31$183.46M$396.74M

Free cash flow by year

Period endFree cash flow
2025-12-31$-345.48M
2024-12-31$85.05M
2023-12-31$1.30B
2022-12-31$2.17B
2021-12-31$2.15B
2020-12-31$1.20B
2019-12-31$595.37M
2018-12-31$1.22B
2017-12-31$-25.54M
2016-12-31$664.13M

Dividend history

Most recent payment
2026-05-14
Paid in the last twelve months
$1.30
Payment dateDividend per share
2026-05-14$1.30
2025-05-09$1.80
2024-11-18$0.90
2024-05-02$2.20
2023-11-10$1.10
2023-05-04$1.80
2022-11-14$0.90
2022-05-05$1.80

Investor relations

Next earnings report

Next confirmed report
2026-10-27
Consensus EPS estimate
$1.94

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-04Jun/2026$1.29
2026-05-05--
2026-02-18--
2025-10-28--
2025-07-29--
2025-04-29--
2025-02-18--
2024-11-05--

Filings and sources

Company website
ternium.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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