Ternium S.A. (TX)
Ternium S.A. reported revenue of $15.6B in fiscal 2025, down 11.6% from a year earlier. Net income was $425.2M, a net margin of 2.7%. In fiscal 2025 capital spending exceeded operating cash flow by $345.5M. At December 31, 2025 it held $1.5B in cash against $2.4B of debt. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on March 31, 2026.
Key facts about Ternium S.A.
- Net worth
- Ternium S.A. has a market value (market cap) of $10B at the latest share price, and shareholders' equity of $11.9B on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $15.6B (-11.6% year on year), with net income of $425.2M.
- Cash flow
- In fiscal 2025 operations brought in $2.3B of cash; after $2.7B of capital spending, free cash flow was -$345.5M.
- Latest report
- The latest periodic report (annual report (foreign issuer), 20-F) was filed with the SEC on March 31, 2026 and covers the period to December 31, 2025. Open on SEC EDGAR
What Ternium S.A. does
Ternium S.A. is registered with the SEC under industry code SIC 3312 (Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)). Its shares trade on NYSE under the ticker TX.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $15.6B | $425.2M | $0.22 | -$345.5M |
| 2024 | $17.6B | -$53.7M | -$0.03 | $85M |
| 2023 | $17.6B | $676M | $0.34 | $1.3B |
| 2022 | $16.4B | $1.8B | $0.90 | $2.2B |
| 2021 | $16.1B | $3.8B | $1.95 | $2.2B |
| 2020 | $8.7B | $778.5M | $0.40 | $1.2B |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where TX ranks in Industrials
Dividends
It paid out $569.3M in cash dividends, 84% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2023 | n/a | $569.3M | 84% |
| 2022 | n/a | $530M | 30% |
| 2021 | n/a | $569.3M | 15% |
| 2020 | n/a | $0 | 0% |
| 2019 | n/a | $235.6M | 42% |
| 2018 | n/a | $215.9M | 14% |
Latest SEC filings
What Ternium S.A. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 4, 2026
- November 3, 2026
- October 8, 2026
- August 24, 2026
- August 24, 2026
- August 5, 2026
- August 4, 2026
- July 8, 2026
- July 8, 2026
- May 12, 2026
Insider trades
What the people running Ternium S.A. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
Who owns TX
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Rocca & Partners Stichting Administratiekantoor Aandelen San Faustin13D, may seek influence with 6 related filers | 78.1% | January 22, 2024 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 162 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Lazard Asset Management LLC | 6,383,724 | +47,597 |
| Donald Smith & CO., Inc. | 3,141,248 | -515,619 |
| Schroder Investment Management Group | 2,269,484 | -151,734 |
| Ninety One UK Ltd | 1,074,120 | -217,503 |
| Cape Ann Asset Management Ltd | 996,424 | -71,387 |
| Contrarian Capital Management, L.L.C. | 992,413 | 0 |
| Amundi | 715,525 | +12,221 |
| Fourth Sail Capital LP | 679,328 | new |
| Goldman Sachs Group Inc | 674,991 | +547,581 |
| Marshall Wace, Llp | 658,994 | +624,509 |
| Oaktree Capital Management LP | 572,324 | -10,600 |
| Russell Investments Group, Ltd. | 546,173 | +27,552 |
| Millennium Management LLC | 547,999 | +522,481 |
| Prudential PLC | 529,299 | -61,482 |
| Itau Unibanco Holding S.A. | 509,371 | new |
| Ninety One North America, Inc. | 509,328 | -88,839 |
| BlackRock, Inc. | 508,728 | +18,884 |
| Robeco Institutional Asset Management B.V. | 430,485 | +16,932 |
| Nykredit A/S | 335,576 | new |
| Qube Research & Technologies Ltd | 318,191 | new |
Insiders
Questions about TX
What does Ternium S.A. do?
Ternium S.A. is a company in the Industrials sector, listed on NYSE as TX. Its shares trade on NYSE under the ticker TX.
What is Ternium S.A.'s net worth?
Ternium S.A. has a market value (market cap) of $10B at the latest share price, and shareholders' equity of $11.9B on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Ternium S.A. profitable?
Yes. In fiscal 2025 it reported net income of $425.2M on revenue of $15.6B, a net margin of 2.7%.
How much revenue does Ternium S.A. make?
In fiscal 2025 Ternium S.A. reported revenue of $15.6B. That is 11.6% less than a year earlier.
When did Ternium S.A. last report?
Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on March 31, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from November 4, 2026.
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Where the numbers come from
Financial figures are the values Ternium S.A. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.