Ternium S.A. Ternium S.A. American Depositary Shares (each representing ten shares USD1.00 par value)Stock · Industrials

$54.37+$0.54 (+1.01%)as of Aug 17, 3:55 PM ET

☾ After hours:$54.35+0.00%3:59 PM ET

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TX financial statements

The full income statement, balance sheet, and cash-flow statement for Ternium S.A. Ternium S.A. American Depositary Shares (each representing ten shares USD1.00 par value) (TX), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2017-12 200.5M2018-12 200.5M2019-12 200.5M2020-12 200.5M2021-12 200.5M2022-12 200.5M2023-12 200.5M2024-12 200.5M2025-12 200.5M+0.0% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	15.6B YoY-11.6%	17.6B YoY+0.2%	17.6B YoY+7.3%	16.4B YoY+2.0%	16.1B YoY+84.2%
	2.35B YoY-18.5%	2.89B YoY-18.8%	3.56B YoY-9.4%	3.93B YoY-36.6%	6.20B YoY+278.8%
Cost of revenue	13.3B YoY-10.2%	14.8B YoY+5.0%	14.1B YoY+12.5%	12.5B YoY+26.2%	9.90B YoY+39.4%
Research & development	21.8M YoY-8.4%	23.8M YoY+25.3%	19.0M YoY+16.6%	16.3M YoY+66.3%	9.80M YoY+18.1%
Operating income	705M YoY-44.2%	1.26B YoY-42.5%	2.20B YoY-18.6%	2.70B YoY-48.8%	5.27B YoY+388.3%
Interest expense	214M YoY+9.3%	196M YoY+56.5%	125M YoY+168.3%	46.7M YoY+73.1%	27.0M YoY-42.1%
Pre-tax income	648M YoY-11.0%	728M YoY-44.9%	1.32B YoY-50.5%	2.67B YoY-53.7%	5.76B YoY+397.2%
Income tax	345M YoY-37.7%	554M YoY+65.7%	334M YoY-41.7%	574M YoY-58.9%	1.40B YoY+379.3%
	303M YoY+74.4%	174M YoY-82.4%	986M YoY-52.9%	2.09B YoY-52.1%	4.37B YoY+403.2%
Net income to common	425M YoY+892.3%	-53.7M YoY-107.9%	676M YoY-61.8%	1.77B YoY-53.8%	3.83B YoY+391.4%
	$2.20 YoY+833.3%	-$0.30 YoY-108.8%	$3.40 YoY-62.2%	$9.00 YoY-53.8%	$19.50 YoY+387.5%
EPS (basic)	$2.20 YoY+833.3%	-$0.30 YoY-108.8%	$3.40 YoY-62.2%	$9.00 YoY-53.8%	$19.50 YoY+387.5%
	196M YoY+0.0%	196M YoY+0.0%	196M YoY+0.0%	196M YoY+0.0%	196M YoY+0.0%
Dividends per share	$2.70 YoY-12.9%	$3.10 YoY+6.9%	$2.90 YoY+7.4%	$2.70 YoY-6.9%	$2.90
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	9.80B YoY-11.6%	11.1B YoY-7.9%	12.0B YoY+36.0%	8.84B YoY+2.8%	8.61B YoY+88.5%
Cash & equivalents	1.53B YoY-9.5%	1.69B YoY-8.4%	1.85B YoY+11.7%	1.65B YoY+29.5%	1.28B YoY+137.3%
Inventory	4.09B YoY-13.8%	4.75B YoY-4.0%	4.95B YoY+42.6%	3.47B YoY-11.2%	3.91B YoY+95.2%
	23.6B YoY+2.1%	23.1B YoY-4.3%	24.2B YoY+38.2%	17.5B YoY+2.3%	17.1B YoY+33.0%
Property, plant & equipment	10.4B YoY+24.2%	8.38B YoY+9.7%	7.64B YoY+22.0%	6.26B YoY-2.6%	6.43B YoY-1.1%
Total non-current assets	13.8B YoY+14.7%	12.1B YoY-0.8%	12.1B YoY+40.5%	8.65B YoY+1.8%	8.49B YoY+2.4%
	3.93B YoY+2.5%	3.84B YoY+1.0%	3.80B YoY+71.4%	2.22B YoY-31.0%	3.21B YoY+73.4%
Short-term & current debt	15.8M YoY+19.2%	13.3M YoY-43.4%	23.5M	0.00 YoY-100.0%	823M YoY+107.9%
	7.47B YoY+6.7%	7.00B YoY-5.0%	7.37B YoY+97.9%	3.72B YoY-23.4%	4.86B YoY+10.2%
Long-term debt	495M YoY+17.5%	421M YoY-43.7%	747M	0.00 YoY-100.0%	656M YoY-50.5%
	11.9B YoY-0.2%	12.0B YoY-3.6%	12.4B YoY+4.8%	11.8B YoY+12.4%	10.5B YoY+44.6%
Total equity incl. non-controlling	16.1B YoY+0.1%	16.1B YoY-4.0%	16.8B YoY+22.1%	13.8B YoY+12.5%	12.2B YoY+44.9%
	200M YoY+0.0%	200M YoY+0.0%	200M YoY+0.0%	200M YoY+0.0%	200M YoY+0.0%
	200M YoY+0.0%	200M YoY+0.0%	200M YoY+0.0%	200M YoY+0.0%	200M YoY+0.0%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Cash from operations	2.31B YoY+21.4%	1.91B YoY-23.8%	2.50B YoY-9.1%	2.75B YoY+2.8%	2.68B YoY+52.0%
Acquisitions	0.00	0.00	0.00	0.00	0.00
Long-term debt issued	1.11B YoY-28.5%	1.56B YoY+339.1%	355M YoY+24.1%	286M YoY+16.2%	246M YoY+0.2%
Long-term debt repaid	1.01B YoY-23.5%	1.32B YoY+168.3%	493M YoY-31.8%	723M YoY+48.8%	486M YoY-31.6%
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	0.00	0.00	0.00	0.00	0.00
Dividends paid	530M YoY-12.9%	609M YoY+6.9%	569M YoY+7.4%	530M YoY-6.9%	569M
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	7.66B YoY+31.3%	5.83B YoY-31.5%	8.51B YoY+39.0%	6.13B YoY-29.8%	8.72B YoY+49.7%
P/E	25.3× YoY-24.7%	33.5× YoY+724.6%	4.1× YoY+190.0%	1.4× YoY-29.8%	2.0× YoY-70.3%
P/S	0.5× YoY+48.5%	0.3× YoY-36.3%	0.5× YoY+36.2%	0.4× YoY-29.8%	0.5× YoY-18.8%
P/B	0.6× YoY+31.6%	0.5× YoY-32.2%	0.7× YoY+23.6%	0.6× YoY-29.8%	0.8× YoY+3.5%
	4.0% YoY+32.8%	3.0% YoY-87.9%	24.6% YoY-65.5%	71.3% YoY+42.4%	50.1% YoY+236.2%
	7.1% YoY-33.7%	10.7% YoY+56.1%	6.8% YoY-22.7%	8.8% YoY+32.6%	6.7%
Source filing	20-F	20-F	20-F	20-F	20-F

About this data

Source: TX's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all TX filings on SEC EDGAR → Not investment advice.