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