Ternium S.A. (TX) Income Statement
TX 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsTX revenue and net income
Where TX's revenue goes
2025Each bar shows an amount and its share of revenue. TX kept 2.7% of revenue as net income.
TX profit margins
TX growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −11.6% | −1.7% | +12.3% | +7.1% |
| Gross profit | −19.0% | −15.8% | +7.4% | +5.3% |
| Operating income | −44.2% | −36.1% | −8.2% | +1.0% |
| Net income | — | −37.8% | −11.4% | +48.5% |
| EPS (diluted) | +44.1% | −33.2% | −2.3% | +9.6% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
TX quarterly EPS vs estimates
Ternium beat the analyst EPS estimate in 3 of the last 8 quarters. Next report: November 3, 2026 (estimate $1.88).
TX income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.61B | $17.65B | $17.61B | $16.41B | $16.09B | $8.74B | $10.19B | $11.45B | $9.70B | $7.22B |
| Cost of revenue | $13.26B | $14.76B | $12.35B | $12.49B | $9.90B | $7.10B | $8.45B | $8.48B | $7.40B | $5.38B |
| Gross profit | $2.34B | $2.89B | $5.26B | $3.93B | $6.20B | $1.64B | $1.74B | $2.97B | $2.30B | $1.84B |
| Research & development | $21.8M | $23.8M | $19.0M | $16.3M | $9.8M | $8.3M | $10.0M | $8.9M | $9.7M | $9.1M |
| Sales, general & admin | $1.60B | $1.42B | $1.12B | $924.6M | $729.0M | $288.2M | $654.5M | $667.6M | $629.1M | $542.4M |
| Total operating expenses | $1.64B | $1.63B | $3.06B | $1.23B | $924.5M | $556.0M | $875.8M | $863.1M | $840.5M | $697.8M |
| Operating income | $705.4M | $1.26B | $2.20B | $2.70B | $5.27B | $1.08B | $864.6M | $2.11B | $1.46B | $1.14B |
| Interest income | $110.0M | $297.8M | $189.3M | $75.0M | $62.9M | $49.4M | $146.0M | $284.1M | $89.5M | $21.6M |
| Interest expense | $214.9M | $195.6M | $185.1M | $47.1M | $26.9M | $46.5M | $89.3M | $135.8M | $113.6M | $89.1M |
| Income before taxes | $648.2M | $728.0M | $1.32B | $2.67B | $5.76B | $1.16B | $826.6M | $2.03B | $1.36B | $1.12B |
| Income taxes | $346.0M | $554.2M | $334.4M | $573.7M | $1.40B | $291.5M | $196.5M | $369.4M | $336.9M | $411.5M |
| Net income | $425.2M | −$53.7M | $676.0M | $1.77B | $3.83B | $778.5M | $564.3M | $1.51B | $886.2M | $595.6M |
| EBITDA | $1.51B | $1.67B | $2.16B | $3.33B | $6.38B | $1.84B | $1.58B | $2.75B | $1.95B | $1.59B |
| EPS (diluted) | $2.68 | $1.86 | $8.59 | $9.00 | $19.48 | $3.01 | $2.86 | $7.10 | $4.51 | $3.03 |
| Gross margin | 15.0% | 16.4% | 29.8% | 23.9% | 38.5% | 18.7% | 17.1% | 25.9% | 23.7% | 25.5% |
| Operating margin | 4.5% | 7.2% | 12.5% | 16.4% | 32.8% | 12.4% | 8.5% | 18.4% | 15.0% | 15.8% |
| Net margin | 2.7% | −0.3% | 3.8% | 10.8% | 23.8% | 8.9% | 5.5% | 13.2% | 9.1% | 8.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.34B | $3.93B | $3.74B | $3.95B | $3.95B | $3.93B | $3.88B | $4.48B | $4.51B | $4.78B | $4.93B | $5.18B |
| Cost of revenue | $3.40B | $3.25B | $3.20B | $3.35B | $3.34B | $3.40B | $3.43B | $3.90B | $3.76B | $3.67B | $4.04B | $4.19B |
| Gross profit | $941.0M | $686.9M | $539.4M | $608.4M | $610.1M | $531.0M | $450.2M | $578.4M | $756.6M | $1.10B | $892.2M | $992.7M |
| Research & development | — | — | $21.8M | — | — | — | — | — | — | — | $19.0M | — |
| Sales, general & admin | $428.0M | $331.9M | $338.5M | $396.3M | $382.2M | $338.5M | $311.3M | $412.0M | $241.1M | $375.8M | $271.0M | $443.0M |
| Total operating expenses | $412.6M | $396.8M | $378.9M | $393.0M | $410.8M | $399.1M | $407.8M | $402.9M | $386.1M | $428.7M | $310.6M | $465.4M |
| Operating income | $528.4M | $290.1M | $160.5M | $215.4M | $199.2M | $131.8M | $42.4M | $175.5M | $370.5M | $674.9M | $581.6M | $527.3M |
| Interest income | $45.0M | $63.7M | $26.0M | $55.9M | $7.4M | $68.0M | $70.6M | $71.0M | $73.0M | $82.6M | $93.8M | $50.0M |
| Interest expense | $50.4M | $50.2M | $50.0M | $53.3M | $56.3M | $54.0M | $51.2M | $53.5M | $44.7M | $44.5M | $44.1M | $46.0M |
| Income before taxes | $487.4M | $279.4M | $153.3M | $173.7M | $154.9M | $165.1M | $396.9M | $235.5M | −$436.3M | $531.9M | $709.5M | −$529.8M |
| Income taxes | $22.9M | −$93.0M | −$16.6M | $443.6M | −$104.4M | $22.7M | $64.2M | $142.8M | $306.8M | $40.4M | $155.6M | $253.0M |
| Net income | $343.7M | $213.0M | $121.2M | $20.6M | $215.4M | $67.0M | $280.9M | $31.7M | −$727.6M | $361.4M | $413.9M | −$739.1M |
| EBITDA | $731.6M | $510.3M | $278.0M | $424.1M | $408.0M | $403.5M | $637.9M | $473.9M | −$193.7M | $747.6M | $944.8M | −$317.5M |
| EPS (diluted) | $1.75 | $0.66 | $0.62 | $0.23 | $1.28 | $0.55 | −$0.42 | $0.16 | $0.28 | $1.84 | $2.11 | $1.38 |
| Gross margin | 21.7% | 17.5% | 14.4% | 15.4% | 15.5% | 13.5% | 11.6% | 12.9% | 16.8% | 23.1% | 18.1% | 19.1% |
| Operating margin | 12.2% | 7.4% | 4.3% | 5.4% | 5.0% | 3.4% | 1.1% | 3.9% | 8.2% | 14.1% | 11.8% | 10.2% |
| Net margin | 7.9% | 5.4% | 3.2% | 0.5% | 5.5% | 1.7% | 7.2% | 0.7% | −16.1% | 7.6% | 8.4% | −14.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in TX's financial statements (latest annual report filed March 31, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
TX financial results
In fiscal year 2025 (ended December 31, 2025), Ternium reported revenue of $15.6 billion, down 11.6% from the year before. It had net income of $425.2 million, a net profit margin of 2.7%. Diluted earnings per share came to $2.68. Over five years revenue grew at an average rate of 12.3% a year.
See the TX stock overview for the latest quote and news, or the TX chart for price history and technical indicators.
TX income statement FAQ
What is Ternium's annual revenue?
Ternium reported total revenue of $15.6 billion for fiscal year 2025, which ended on December 31, 2025. That was down 11.6% from $17.6 billion the previous year.
Is Ternium profitable?
Yes. Ternium reported net income of $425.2 million in fiscal 2025, a net profit margin of 2.7%; its operating margin was 4.5%.
What is Ternium's gross margin?
Ternium's gross margin was 15.0% in fiscal 2025: for every $100 of revenue, Ternium kept $15 after the direct cost of its products and services.
How much does Ternium spend on research and development?
Ternium spent $21.8 million on research and development in fiscal 2025, 0.1% of revenue.
How fast is Ternium growing?
Revenue grew 12.3% a year on average over the last five fiscal years, from $8.7 billion to $15.6 billion.
What are Ternium's earnings per share?
Ternium earned $2.68 per diluted share in fiscal 2025, compared with $1.86 a year earlier.
When will Ternium report its next earnings?
Ternium is expected to report results for the quarter ending September 30, 2026 on November 3, 2026 after the market closes.
When does Ternium's fiscal year end?
Ternium's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 31, 2026.