Ternium S.A. logo

Ternium S.A.

TX

NYSEBasic MaterialsSteel

Previous close

$55.45

+$1.24 · +2.29%

Aug 21, 4:02 PM ET

TX company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

77

Undervalued

Momentum

54

Neutral

Sentiment

64

Bullish

Risk resilience

64

Moderate Risk

Full GoAI research

Thesis, catalysts, evidence, and risk analysis.

View full GoAI research

AI-generated, informational only, and not investment advice.

Company profile

Company website

Ternium S.A. is an international steel enterprise engaged in the production, processing, and sale of a wide range of steel products. Its extensive market presence covers Mexico, Argentina, Brazil, the United States, and numerous other countries across Central and South America, including Paraguay, Chile, Bolivia, Uruguay, Colombia, Guatemala, Costa Rica, Honduras, El Salvador, and Nicaragua. The company operates through two primary divisions. Its Steel segment provides an exhaustive catalog of steel goods, from foundational products like slabs, billets, and hot-rolled flat items, to finished goods such as reinforcing bars, beams, tubes, and specialized building components like insulated panels, roofing, and pre-engineered metal systems. This segment also supplies pig iron and energy. The Mining segment concentrates on selling essential raw materials, specifically iron ore and pellets. In addition to its core manufacturing and mining activities, Ternium delivers medical, social, and engineering services, manages scrap, and acts as a significant distribution company. Its offerings cater to both large corporations and smaller enterprises across diverse sectors, including construction, automotive, home appliances, agriculture, packaging, transport, and energy. Founded in 1961 and based in Luxembourg City, Luxembourg, Ternium S.A. is a subsidiary of Techint Holdings S.à r.l.

Industry
Steel
Sector
Basic Materials
Headquarters
LU
CEO
Maximo Vedoya
Listed since
Feb 1, 2006
Employees
33,253

Market position

Day range

Current $55.45

52-week range

Current $55.45

Open
$58.07
Previous close
$54.21
Volume
920.9K
1.73× average
Average volume
532.55K
Average daily volume
Market cap
10.89B USD
Beta
1.16
Market reference 1
50-day average
$48.0742
+15.34% above average
200-day average
$43.0332
+28.85% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
8.57B USD
P/E (TTM)
15.32×
P/B (TTM)
0.89×
P/S (TTM)
0.68×
EV / EBITDA
6.04×
Earnings yield
5.67%
Free cash flow yield
-2.50%
Dividend yield
3.97%

Profitability & efficiency

Gross margin
17.38%
Operating margin
7.48%
Net margin
4.37%
Return on equity
3.56%
Return on assets
1.80%
Return on invested capital
1.62%

Financial health

Debt / equity
0.24×
Current ratio
2.49×
Altman Z-score
1.94
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends42%27%11%-4%Gross margin, FY2021: 38.50%Gross margin, FY2022: 23.93%Gross margin, FY2023: 29.85%Gross margin, FY2024: 16.37%Gross margin, FY2025: 15.00%Operating margin, FY2021: 32.76%Operating margin, FY2022: 16.45%Operating margin, FY2023: 12.48%Operating margin, FY2024: 7.16%Operating margin, FY2025: 4.52%Net margin, FY2021: 23.77%Net margin, FY2022: 10.77%Net margin, FY2023: 3.84%Net margin, FY2024: -0.30%Net margin, FY2025: 2.72%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 38.50%. Gross margin FY2022 23.93%. Gross margin FY2023 29.85%. Gross margin FY2024 16.37%. Gross margin FY2025 15.00%. Operating margin FY2021 32.76%. Operating margin FY2022 16.45%. Operating margin FY2023 12.48%. Operating margin FY2024 7.16%. Operating margin FY2025 4.52%. Net margin FY2021 23.77%. Net margin FY2022 10.77%. Net margin FY2023 3.84%. Net margin FY2024 -0.30%. Net margin FY2025 2.72%.

Income trends

Revenue

15.61B USD-11.56%

Operating income

705.42M USD-44.16%

Net income

425.23M USD+478.9M USD
Income trends across reported periods19.42B USD12.34B USD5.26B USD−1.82B USDRevenue, FY2021: 16.09B USDRevenue, FY2022: 16.41B USDRevenue, FY2023: 17.61B USDRevenue, FY2024: 17.65B USDRevenue, FY2025: 15.61B USDOperating income, FY2021: 5.27B USDOperating income, FY2022: 2.7B USDOperating income, FY2023: 2.2B USDOperating income, FY2024: 1.26B USDOperating income, FY2025: 705.42M USDNet income, FY2021: 3.83B USDNet income, FY2022: 1.77B USDNet income, FY2023: 676.04M USDNet income, FY2024: −53.67M USDNet income, FY2025: 425.23M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 16.09B USD. Revenue FY2022 16.41B USD. Revenue FY2023 17.61B USD. Revenue FY2024 17.65B USD. Revenue FY2025 15.61B USD. Operating income FY2021 5.27B USD. Operating income FY2022 2.7B USD. Operating income FY2023 2.2B USD. Operating income FY2024 1.26B USD. Operating income FY2025 705.42M USD. Net income FY2021 3.83B USD. Net income FY2022 1.77B USD. Net income FY2023 676.04M USD. Net income FY2024 −53.67M USD. Net income FY2025 425.23M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue15.61B USD17.65B USD17.61B USD16.41B USD16.09B USD
Cost of goods sold13.26B USD14.76B USD12.35B USD12.49B USD9.9B USD
Gross profit2.34B USD2.89B USD5.26B USD3.93B USD6.2B USD
Research and development21.8M USD
Selling, general, and administrative1.35B USD1.42B USD1.12B USD924.62M USD729.02M USD
Operating expenses1.64B USD1.63B USD3.06B USD1.23B USD924.54M USD
Interest income238.14M USD297.25M USD275.55M USD75.66M USD62.66M USD
Interest expense214.94M USD195.6M USD185.11M USD47.06M USD26.89M USD
Depreciation and amortization696.16M USD743.28M USD657.69M USD616.49M USD591.79M USD
Operating income705.42M USD1.26B USD2.2B USD2.7B USD5.27B USD
Net income425.23M USD−53.67M USD676.04M USD1.77B USD3.83B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
64%
7 beats, 4 misses, 0 met estimates
Average EPS surprise
-7.22%
11 comparable reports
Latest EPS result
1.75
Estimate 1.22 · Beat by 43.44%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.921.080.25-0.59Q1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 18, 2025: actual -0.42, estimate 0.97, surprise -143.30%, Miss. Q2 2025, reported Apr 29, 2025: actual 0.34, estimate 0.33, surprise +3.03%, Beat. Q3 2025, reported Jul 29, 2025: actual 1.28, estimate 0.66, surprise +93.94%, Beat. Q4 2025, reported Oct 28, 2025: actual 0.1, estimate 0.78, surprise -87.18%, Miss. Q1 2026, reported Feb 18, 2026: actual 0.62, estimate 0.77, surprise -19.48%, Miss. Q2 2026, reported May 5, 2026: actual 1.09, estimate 0.86, surprise +26.74%, Beat. Q3 2026, reported Aug 4, 2026: actual 1.75, estimate 1.22, surprise +43.44%, Beat. Q4 2026, reported Oct 27, 2026: actual —, estimate 1.74, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates4.78B4.38B3.98B3.57BQ1 '25MissQ2 '25BeatQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 18, 2025: actual 3.88B USD, estimate 4.19B USD, surprise -7.45%, Miss. Q2 2025, reported Apr 29, 2025: actual 3.93B USD, estimate 3.87B USD, surprise +1.59%, Beat. Q3 2025, reported Jul 29, 2025: actual 3.95B USD, estimate 3.99B USD, surprise -1.00%, Miss. Q4 2025, reported Oct 28, 2025: actual 3.96B USD, estimate 4.01B USD, surprise -1.25%, Miss. Q1 2026, reported Feb 18, 2026: actual 3.77B USD, estimate 3.76B USD, surprise +0.45%, Beat. Q2 2026, reported May 5, 2026: actual 3.93B USD, estimate 3.93B USD, surprise +0.22%, Beat. Q3 2026, reported Aug 4, 2026: actual 4.34B USD, estimate 4.41B USD, surprise -1.56%, Miss. Q4 2026, reported Oct 27, 2026: actual —, estimate 4.59B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$56.80

2.43% upside
Past 12 months12-month forecastHigh $65.00Average $56.80Low $45.00

Rating distribution

16 ratings
Strong buy00%
Buy850%
Hold850%
Sell00%
Strong sell00%

Recent analyst actions

8 institutions
HSBCdowngradeBuyHold
B of A SecuritiesupgradeNeutralBuy

TX news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$2.70

2025 complete year-6.9% since 2021

2026 partial: $1.30

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend May 14, 2026

$1.30

Semi-Annual

Record May 14, 2026 · Payment May 20, 2026

Dividend

Ex-dividend Nov 10, 2025

$0.90

Semi-Annual

Record Nov 10, 2025 · Payment Nov 14, 2025

Dividend

Ex-dividend May 9, 2025

$1.80

Semi-Annual

Record May 9, 2025 · Payment May 19, 2025

Dividend

Ex-dividend Nov 18, 2024

$0.90

Semi-Annual

Record Nov 18, 2024 · Payment Nov 26, 2024

Dividend

Ex-dividend May 2, 2024

$2.20

Semi-Annual

Record May 3, 2024 · Payment May 13, 2024

Dividend

Ex-dividend Nov 10, 2023

$1.10

Semi-Annual

Record Nov 13, 2023 · Payment Nov 21, 2023

TX peers

ETFs holding TX

Funds reporting this stock among their holdings, ordered by reported position size.

Continue in GoAI

Research TX

research.disclaimer