Ternium S.A.

TX Basic Materials Steel

Ternium S.A.’s revenue for fiscal 2025 (year ended December 2025) was $15.6 billion, down 11.6% from fiscal 2024.

Revenue
+17.4%
EPS
+1,773.0%
Free cash flow
+224.5%
Total debt
+48.1%

Quarter to September 2026, against a year earlier

48.74 2.66 −5.18%
Market cap
$9.6B
P/E
9.1×
Fwd P/E
8.3×
Dividend yield
4.51%
F-score
5/9
Altman Z
2.44
Beneish M
−2.85
Dividend safety
20/100

Ternium S.A. (TX) Operating margin

Alert me on Operating margin

Ternium S.A.'s operating margin over the twelve months to 30 September 2026 was 9.31%, up 4.8 percentage points from fiscal 2025 (4.52%). Over the past ten years it has ranged from 4.52% (fiscal 2025) to 32.8% (fiscal 2021) — the current reading is the lowest in ten years. That is above the Steel industry median of 6.93% and above the Basic Materials sector median of 2.88%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 4.52% (2.64)
FY2024 7.16% (5.32)
FY2023 12.5% (3.97)
FY2022 16.5% (16.31)
FY2021 32.8% 20.40
FY2020 12.4% 3.88
FY2019 8.48% (9.93)
FY2018 18.4% 3.39
FY2017 15.0% (0.78)
FY2016 15.8% 7.68

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 12.4% 0.25
Jun 2026 12.2% 4.80
Mar 2026 7.37% 3.16
Dec 2025 4.21% (1.24)
43 more quarters

Against its own ten years

Low 4.52% High 32.8%
Ten-year median 12.5%
Current reading's percentile 30

Operating margin against peers

Company Operating margin
SIM Grupo Simec, S.A. de C.V. compare 17.0%
STLD Steel Dynamics, Inc. compare 11.5%
TX Ternium S.A. 9.31%
RS Reliance, Inc. compare 8.80%
GGB Gerdau S.A. compare 7.45%
MT ArcelorMittal compare 4.26%
PKX POSCO Holdings Inc. compare 2.57%
WS Worthington Steel, Inc. compare 0.12%
CLF Cleveland-Cliffs Inc. compare −1.40%
Steel industry median 6.93%
Basic Materials sector median 2.88%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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