Ternium S.A Key Executives
This section highlights Ternium S.A's key executives, including their titles and compensation details.
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Ternium S.A Earnings
This section highlights Ternium S.A's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q4 | 2024 | 2025-02-19 | N/A | N/A |
| Read Transcript | Q3 | 2024 | 2024-11-06 | N/A | N/A |
| Read Transcript | Q2 | 2024 | 2024-07-31 | N/A | N/A |
| Read Transcript | Q1 | 2024 | 2024-04-25 | N/A | N/A |
| Read Transcript | Q4 | 2023 | 2024-02-21 | N/A | N/A |
| Read Transcript | Q3 | 2023 | 2023-11-01 | N/A | N/A |
| Read Transcript | Q2 | 2023 | 2023-08-02 | N/A | N/A |
| Read Transcript | Q1 | 2023 | 2023-04-26 | N/A | N/A |
Ternium S.A. manufactures, processes, and sells various steel products in Mexico, Argentina, Paraguay, Chile, Bolivia, Uruguay, Brazil, the United States, Colombia, Guatemala, Costa Rica, Honduras, El Salvador, and Nicaragua. It operates through two segments, Steel and Mining. The Steel segment offers slabs, billets and round bars, hot rolled flat products, merchant bars, reinforcing bars, stirrups and rods, tin plate and galvanized products, tubes, beams, insulated panels, roofing and cladding, roof tiles, steel decks, pre-engineered metal building systems, and pig iron products; and sells energy. The Mining segment sells iron ore and pellets. The company also provides medical and social; scrap; and engineering and other services, as well as operates as a distribution company. It serves various companies and small businesses in the construction, automotive, home appliances, agro, packaging, transport, and energy industries. The company was founded in 1961 and is based in Luxembourg City, Luxembourg. Ternium S.A. is a subsidiary of Techint Holdings S.à r.l.
$31.61
Stock Price
$620.53M
Market Cap
20.51K
Employees
Luxembourg City, None
Location
Financial Statements
Access annual & quarterly financial statements for Ternium S.A, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $17.65B | $17.61B | $16.41B | $16.09B | $8.74B |
| Cost of Revenue | $14.77B | $12.35B | $12.49B | $9.90B | $7.10B |
| Gross Profit | $2.88B | $5.26B | $3.93B | $6.20B | $1.64B |
| Gross Profit Ratio | 16.30% | 29.80% | 23.93% | 38.50% | 18.72% |
| Research and Development Expenses | $23.80M | $- | $16.30M | $9.80M | $8.30M |
| General and Administrative Expenses | $86.02M | $440.07M | $924.62M | $729.02M | $572.05M |
| Selling and Marketing Expenses | $812.69M | $681.42M | $219.38M | $365.45M | $283.81M |
| Selling General and Administrative Expenses | $1.42B | $1.12B | $924.62M | $729.02M | $572.05M |
| Other Expenses | $167.34M | $1.94B | $204.04M | $195.52M | $-16.01M |
| Operating Expenses | $1.61B | $3.06B | $1.13B | $924.54M | $556.04M |
| Cost and Expenses | $16.39B | $15.41B | $13.62B | $10.82B | $7.66B |
| Interest Income | $- | $275.55M | $75.14M | $62.91M | $49.42M |
| Interest Expense | $- | $185.11M | $46.74M | $27.00M | $46.64M |
| Depreciation and Amortization | $642.46M | $657.69M | $620.74M | $589.38M | $629.39M |
| EBITDA | $1.88B | $2.21B | $3.33B | $5.96B | $1.77B |
| EBITDA Ratio | 10.64% | 12.54% | 21.42% | 39.42% | 20.78% |
| Operating Income | $1.26B | $2.20B | $2.70B | $5.27B | $1.08B |
| Operating Income Ratio | 7.16% | 12.48% | 16.45% | 32.76% | 12.36% |
| Total Other Income Expenses Net | $-535.31M | $-877.23M | $-33.02M | $493.19M | $79.89M |
| Income Before Tax | $728.00M | $1.32B | $2.67B | $5.76B | $1.16B |
| Income Before Tax Ratio | 4.12% | 7.50% | 16.24% | 35.82% | 13.27% |
| Income Tax Expense | $554.22M | $334.41M | $573.73M | $1.40B | $291.49M |
| Net Income | $-53.67M | $676.04M | $1.77B | $3.83B | $778.47M |
| Net Income Ratio | -0.30% | 3.84% | 10.77% | 23.77% | 8.91% |
| EPS | $-0.27 | $0.34 | $0.91 | $1.94 | $0.40 |
| EPS Diluted | $-0.27 | $0.34 | $0.91 | $1.94 | $0.40 |
| Weighted Average Shares Outstanding | 196.31M | 1.96B | 1.96B | 1.96B | 1.96B |
| Weighted Average Shares Outstanding Diluted | 196.31M | 1.96B | 1.96B | 1.96B | 1.96B |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.88B | $4.43B | $4.48B | $4.74B | $4.95B | $5.18B | $3.87B | $3.62B | $3.55B | $4.13B | $4.44B | $4.30B | $4.33B | $4.59B | $3.92B | $3.25B | $2.58B | $2.14B | $1.75B | $2.27B |
| Cost of Revenue | $3.43B | $3.86B | $3.74B | $3.66B | $4.05B | $4.19B | $2.84B | $2.98B | $3.12B | $3.33B | $3.06B | $2.98B | $2.72B | $2.62B | $2.42B | $2.14B | $1.91B | $1.76B | $1.51B | $1.92B |
| Gross Profit | $450.00M | $571.04M | $736.21M | $1.08B | $894.99M | $992.70M | $1.03B | $642.00M | $427.00M | $800.31M | $1.38B | $1.32B | $1.61B | $1.97B | $1.50B | $1.11B | $665.60M | $382.08M | $236.96M | $350.88M |
| Gross Profit Ratio | 11.61% | 12.90% | 16.40% | 22.80% | 18.10% | 19.10% | 26.70% | 17.70% | 12.00% | 19.40% | 31.10% | 30.70% | 37.20% | 42.90% | 38.40% | 34.20% | 25.80% | 17.87% | 13.57% | 15.45% |
| Research and Development Expenses | $- | $- | $- | $- | $19.00M | $- | $- | $- | $16.30M | $- | $- | $- | $9.80M | $- | $- | $- | $8.30M | $- | $- | $- |
| General and Administrative Expenses | $20.88M | $- | $23.34M | $160.88M | $39.47M | $- | $13.24M | $230.52M | $221.31M | $- | $10.95M | $229.03M | $203.62M | $9.06M | $7.71M | $156.59M | $147.99M | $6.01M | $6.63M | $157.46M |
| Selling and Marketing Expenses | $172.01M | $- | $217.78M | $214.92M | $231.56M | $- | $126.10M | $62.48M | $53.69M | $- | $132.42M | $127.93M | $111.26M | $96.20M | $81.70M | $76.29M | $71.70M | $73.29M | $61.39M | $77.42M |
| Selling General and Administrative Expenses | $373.00M | $407.04M | $381.49M | $377.04M | $433.45M | $442.95M | $304.27M | $293.00M | $275.00M | $277.36M | $310.44M | $229.03M | $257.90M | $237.36M | $244.53M | $156.59M | $196.70M | $183.09M | $171.45M | $157.46M |
| Other Expenses | $35.00M | $- | $-35.35M | $-36.26M | $- | $- | $-40.04M | $-8.00M | $110.00M | $-3.28M | $-2.83M | $32.60M | $47.53M | $-1.87M | $-11.90M | $48.68M | $-159.58M | $-2.04M | $-74.00K | $57.74M |
| Operating Expenses | $408.00M | $403.00M | $416.84M | $413.30M | $433.45M | $465.38M | $300.11M | $285.00M | $385.00M | $274.07M | $307.62M | $261.63M | $251.20M | $235.48M | $232.63M | $205.27M | $-11.60M | $181.06M | $171.38M | $215.20M |
| Cost and Expenses | $3.83B | $4.26B | $4.16B | $4.08B | $4.49B | $4.66B | $3.14B | $3.27B | $3.50B | $3.60B | $3.37B | $3.25B | $2.97B | $2.86B | $2.65B | $2.34B | $1.90B | $1.94B | $1.68B | $2.14B |
| Interest Income | $- | $71.00M | $73.00M | $82.55M | $94.31M | $77.74M | $42.03M | $41.00M | $28.00M | $7.08M | $15.64M | $24.32M | $17.80M | $19.39M | $18.46M | $16.31M | $18.50M | $15.90M | $7.05M | $7.95M |
| Interest Expense | $- | $53.35M | $45.00M | $44.88M | $44.15M | $47.33M | $17.54M | $16.00M | $18.00M | $14.63M | $7.31M | $6.62M | $6.40M | $6.53M | $6.80M | $7.23M | $7.80M | $9.00M | $13.57M | $16.29M |
| Depreciation and Amortization | $221.00M | $181.79M | $197.64M | $169.57M | $191.64M | $161.43M | $147.21M | $147.26M | $155.81M | $153.17M | $150.90M | $148.02M | $145.35M | $144.44M | $147.96M | $149.88M | $154.00M | $152.40M | $158.30M | $166.39M |
| EBITDA | $263.00M | $450.51M | $-205.06M | $845.71M | $653.18M | $-329.72M | $860.57M | $520.25M | $223.01M | $549.41M | $1.25B | $1.21B | $1.52B | $2.00B | $1.44B | $1.06B | $841.44M | $361.88M | $223.89M | $302.07M |
| EBITDA Ratio | 6.79% | 10.18% | 11.55% | 17.65% | 13.20% | 15.21% | 23.49% | 15.65% | 6.99% | 13.32% | 29.70% | 29.93% | 37.67% | 43.64% | 41.36% | 34.62% | 32.62% | 16.92% | 11.64% | 13.38% |
| Operating Income | $42.00M | $164.00M | $319.36M | $667.33M | $461.54M | $527.32M | $731.74M | $357.00M | $88.00M | $396.24M | $1.07B | $1.06B | $1.36B | $1.74B | $1.27B | $905.77M | $677.20M | $201.02M | $65.59M | $135.68M |
| Operating Income Ratio | 1.08% | 3.71% | 7.13% | 14.07% | 9.33% | 10.17% | 18.90% | 9.85% | 2.48% | 9.60% | 24.14% | 24.60% | 31.38% | 37.79% | 32.44% | 27.88% | 26.25% | 9.40% | 3.76% | 5.97% |
| Total Other Income Expenses Net | $355.00M | $52.36M | $-807.31M | $-142.99M | $105.73M | $-1.06B | $9.31M | $42.70M | $27.29M | $-144.63M | $86.45M | $-2.12M | $119.67M | $117.09M | $193.95M | $62.49M | $-191.60M | $-537.00K | $-34.28M | $112.24M |
| Income Before Tax | $397.00M | $216.36M | $-447.36M | $508.45M | $687.29M | $-529.82M | $741.05M | $400.00M | $70.00M | $381.60M | $1.16B | $1.06B | $1.48B | $1.85B | $1.47B | $968.26M | $679.70M | $200.48M | $31.30M | $247.92M |
| Income Before Tax Ratio | 10.24% | 4.89% | -9.99% | 10.72% | 13.89% | -10.22% | 19.14% | 11.04% | 1.97% | 9.25% | 26.09% | 24.55% | 34.14% | 40.34% | 37.38% | 29.80% | 26.35% | 9.37% | 1.79% | 10.91% |
| Income Tax Expense | $64.00M | $141.28M | $304.29M | $40.13M | $156.52M | $253.02M | $5.17M | $-79.00M | $11.00M | $161.70M | $221.42M | $179.37M | $342.40M | $486.03M | $307.12M | $261.59M | $9.00M | $27.47M | $-12.28M | $267.28M |
| Net Income | $281.00M | $32.00M | $-721.62M | $361.44M | $413.87M | $-739.13M | $627.00M | $374.37M | $59.00M | $219.90M | $799.27M | $775.62M | $998.00M | $1.20B | $1.02B | $602.93M | $600.40M | $145.59M | $44.05M | $-11.58M |
| Net Income Ratio | 7.25% | 0.72% | -16.12% | 7.62% | 8.37% | -14.26% | 16.20% | 10.33% | 1.66% | 5.33% | 18.01% | 18.02% | 23.05% | 26.18% | 26.08% | 18.56% | 23.27% | 6.81% | 2.52% | -0.51% |
| EPS | $1.43 | $0.02 | $-0.37 | $0.18 | $0.21 | $-0.38 | $0.31 | $0.19 | $0.03 | $0.11 | $0.41 | $0.40 | $0.51 | $0.61 | $0.52 | $0.31 | $0.31 | $-0.03 | $0.02 | $-0.01 |
| EPS Diluted | $1.43 | $0.02 | $-0.37 | $0.18 | $0.21 | $-0.38 | $0.31 | $0.19 | $0.03 | $0.11 | $0.41 | $0.40 | $0.51 | $0.61 | $0.52 | $0.31 | $0.31 | $-0.03 | $0.02 | $-0.01 |
| Weighted Average Shares Outstanding | 196.31M | 1.96B | 1.96B | 1.96B | 1.96B | 1.96B | 1.96B | 1.96B | 1.96B | 1.96B | 1.96B | 1.96B | 1.96B | 1.96B | 1.96B | 1.96B | 1.96B | 1.96B | 1.96B | 1.96B |
| Weighted Average Shares Outstanding Diluted | 196.31M | 1.96B | 1.96B | 1.96B | 1.96B | 1.96B | 1.96B | 1.96B | 1.96B | 1.96B | 1.96B | 1.96B | 1.96B | 1.96B | 1.96B | 1.96B | 1.96B | 1.96B | 1.96B | 1.96B |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $1.69B | $1.85B | $1.65B | $1.28B | $537.83M |
| Short Term Investments | $2.16B | $1.98B | $1.88B | $1.29B | $813.53M |
| Cash and Short Term Investments | $3.85B | $3.82B | $3.53B | $2.57B | $1.35B |
| Net Receivables | $1.56B | $3.18B | $1.18B | $1.77B | $918.44M |
| Inventory | $4.75B | $4.95B | $3.47B | $3.91B | $2.00B |
| Other Current Assets | $914.21M | $89.20M | $664.75M | $363.98M | $295.15M |
| Total Current Assets | $11.08B | $12.02B | $8.84B | $8.61B | $4.57B |
| Property Plant Equipment Net | $8.38B | $7.64B | $6.42B | $6.58B | $6.64B |
| Goodwill | $662.31M | $662.31M | $662.31M | $662.31M | $662.31M |
| Intangible Assets | $359.80M | $333.74M | $121.07M | $87.22M | $107.44M |
| Goodwill and Intangible Assets | $1.02B | $996.05M | $783.38M | $749.52M | $769.75M |
| Long Term Investments | $491.50M | $728.20M | $922.29M | $818.75M | $474.19M |
| Tax Assets | $- | $1.71B | $200.24M | $160.75M | $158.70M |
| Other Non-Current Assets | $2.16B | $2.79B | $318.69M | $178.03M | $243.31M |
| Total Non-Current Assets | $12.05B | $12.16B | $8.65B | $8.49B | $8.29B |
| Other Assets | $- | $- | $- | $- | $- |
| Total Assets | $23.13B | $24.18B | $17.49B | $17.10B | $12.86B |
| Account Payables | $1.93B | $2.23B | $1.19B | $1.13B | $1.05B |
| Short Term Debt | $716.53M | $76.64M | $288.16M | $867.11M | $438.09M |
| Tax Payables | $- | $137.74M | $305.17M | $1.03B | $222.46M |
| Deferred Revenue | $- | $- | $- | $1.20B | $340.50M |
| Other Current Liabilities | $1.20B | $1.35B | $435.90M | $186.02M | $143.71M |
| Total Current Liabilities | $3.84B | $3.80B | $2.22B | $3.21B | $1.85B |
| Long Term Debt | $1.72B | $1.39B | $722.84M | $871.72M | $1.58B |
| Deferred Revenue Non-Current | $- | $- | $- | $582.12M | $609.21M |
| Deferred Tax Liabilities Non-Current | $- | $170.82M | $162.74M | $186.22M | $346.49M |
| Other Non-Current Liabilities | $1.43B | $2.00B | $620.75M | $591.17M | $634.09M |
| Total Non-Current Liabilities | $3.16B | $3.57B | $1.51B | $1.65B | $2.56B |
| Other Liabilities | $- | $- | $- | $- | $- |
| Total Liabilities | $7.00B | $7.37B | $3.72B | $4.86B | $4.41B |
| Preferred Stock | $- | $- | $- | $- | $- |
| Common Stock | $2.00B | $2.00B | $2.00B | $2.00B | $2.00B |
| Retained Earnings | $13.45B | $13.91B | $13.80B | $12.57B | $9.31B |
| Accumulated Other Comprehensive Income Loss | $-3.34B | $-3.28B | $-1.46B | $-1.54B | $-1.53B |
| Other Total Stockholders Equity | $-150.00M | $-214.10M | $-3.96B | $-4.04B | $-4.03B |
| Total Stockholders Equity | $11.97B | $12.42B | $11.85B | $10.54B | $7.29B |
| Total Equity | $16.13B | $16.82B | $13.77B | $12.24B | $8.44B |
| Total Liabilities and Stockholders Equity | $23.13B | $24.18B | $17.49B | $17.10B | $12.86B |
| Minority Interest | $4.16B | $4.40B | $1.92B | $1.70B | $1.16B |
| Total Liabilities and Total Equity | $23.13B | $24.18B | $17.49B | $17.10B | $12.86B |
| Total Investments | $2.65B | $2.70B | $2.80B | $2.11B | $1.29B |
| Total Debt | $2.44B | $1.47B | $1.27B | $1.74B | $2.02B |
| Net Debt | $748.98M | $-371.37M | $-382.31M | $462.11M | $1.48B |
Balance Sheet Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $1.69B | $1.61B | $1.72B | $1.79B | $1.85B | $1.82B | $920.40M | $1.22B | $1.65B | $1.47B | $719.15M | $1.79B | $1.28B | $947.58M | $768.69M | $835.38M | $537.83M | $680.66M | $454.56M | $906.39M |
| Short Term Investments | $2.16B | $2.24B | $2.12B | $2.29B | $1.98B | $2.47B | $2.03B | $2.52B | $1.88B | $1.27B | $1.34B | $1.13B | $1.29B | $768.51M | $616.00M | $637.52M | $813.53M | $623.19M | $704.06M | $115.25M |
| Cash and Short Term Investments | $3.85B | $3.86B | $3.85B | $4.08B | $3.83B | $4.28B | $2.95B | $3.74B | $3.53B | $2.74B | $2.06B | $2.92B | $2.57B | $1.72B | $1.38B | $1.47B | $1.35B | $1.30B | $1.16B | $1.02B |
| Net Receivables | $1.56B | $2.83B | $2.95B | $2.18B | $2.07B | $2.17B | $1.41B | $328 | $1.18B | $1.49B | $1.98B | $1.90B | $1.77B | $2.07B | $1.75B | $1.37B | $918.44M | $776.28M | $723.47M | $990.99M |
| Inventory | $4.75B | $5.02B | $5.06B | $5.08B | $5.00B | $5.14B | $3.76B | $3.30B | $3.47B | $3.97B | $4.54B | $3.78B | $3.91B | $3.63B | $2.95B | $2.35B | $2.00B | $1.67B | $1.80B | $2.08B |
| Other Current Assets | $913.00M | $24.97M | $15.23M | $1.26B | $89.20M | $1.17B | $721.21M | $9.10B | $664.75M | $582.46M | $473.15M | $426.44M | $363.98M | $333.84M | $324.53M | $352.03M | $295.15M | $220.41M | $186.96M | $239.37M |
| Total Current Assets | $11.08B | $11.74B | $11.88B | $12.58B | $12.06B | $12.76B | $8.84B | $9.10B | $8.84B | $8.78B | $9.05B | $9.03B | $8.61B | $7.74B | $6.41B | $5.54B | $4.57B | $3.97B | $3.87B | $4.34B |
| Property Plant Equipment Net | $8.38B | $8.14B | $7.94B | $7.88B | $7.96B | $7.38B | $6.32B | $6.29B | $6.42B | $6.38B | $6.41B | $6.41B | $6.58B | $6.46B | $6.49B | $6.49B | $6.64B | $6.53B | $6.60B | $6.64B |
| Goodwill | $- | $-90.00K | $330.00K | $- | $663.99M | $- | $- | $957.00M | $662.31M | $- | $- | $- | $662.31M | $- | $- | $- | $662.31M | $- | $- | $- |
| Intangible Assets | $1.02B | $1.06B | $1.05B | $1.02B | $190.76M | $1.03B | $968.12M | $957 | $121.07M | $927.07M | $915.59M | $903.93M | $87.22M | $896.98M | $895.95M | $893.16M | $107.44M | $908.33M | $915.72M | $927.78M |
| Goodwill and Intangible Assets | $1.02B | $1.06B | $1.05B | $1.02B | $853.07M | $1.03B | $968.12M | $957.00M | $783.38M | $927.07M | $915.59M | $903.93M | $749.52M | $896.98M | $895.95M | $893.16M | $769.75M | $908.33M | $915.72M | $927.78M |
| Long Term Investments | $492.00M | $1.56B | $1.48B | $1.56B | $1.14B | $775.47M | $1.04B | $1.00B | $922.29M | $875.73M | $969.56M | $1.01B | $818.75M | $753.03M | $718.89M | $480.56M | $474.19M | $396.35M | $396.91M | $412.74M |
| Tax Assets | $- | $1.43B | $1.39B | $1.70B | $1.72B | $1.53B | $348.86M | $224.00M | $200.24M | $208.29M | $222.33M | $183.11M | $160.75M | $154.33M | $140.48M | $151.60M | $158.70M | $126.84M | $124.08M | $119.75M |
| Other Non-Current Assets | $2.16B | $11.42M | $3.02M | $3.36M | $503.10M | $808.76M | $409.35M | $328.00M | $318.69M | $250.59M | $226.46M | $179.52M | $178.03M | $164.56M | $192.33M | $200.72M | $243.31M | $267.90M | $483.28M | $506.61M |
| Total Non-Current Assets | $12.05B | $12.20B | $11.86B | $12.17B | $12.18B | $11.52B | $9.09B | $8.80B | $8.65B | $8.64B | $8.74B | $8.69B | $8.49B | $8.43B | $8.44B | $8.21B | $8.29B | $8.23B | $8.52B | $8.60B |
| Other Assets | $- | $1.00M | $1 | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $23.13B | $23.94B | $23.74B | $24.75B | $24.24B | $24.29B | $17.94B | $17.91B | $17.49B | $17.42B | $17.79B | $17.72B | $17.10B | $16.17B | $14.85B | $13.75B | $12.86B | $12.19B | $12.39B | $12.94B |
| Account Payables | $1.93B | $1.99B | $2.26B | $2.19B | $2.23B | $2.20B | $1.32B | $1.36B | $1.19B | $1.12B | $1.56B | $1.42B | $1.13B | $1.22B | $1.40B | $1.18B | $1.05B | $824.59M | $738.53M | $994.11M |
| Short Term Debt | $716.00M | $640.00M | $802.00M | $969.23M | $992.63M | $1.02B | $423.95M | $399.95M | $548.18M | $590.88M | $597.32M | $754.04M | $867.11M | $772.69M | $643.53M | $619.43M | $438.09M | $449.96M | $627.89M | $735.22M |
| Tax Payables | $- | $124.00M | $37.63M | $120.70M | $137.74M | $173.00M | $108.48M | $154.00M | $305.17M | $42.82M | $58.32M | $234.99M | $1.03B | $715.53M | $415.51M | $225.54M | $222.46M | $36.15M | $30.61M | $42.07M |
| Deferred Revenue | $- | $- | $38.12M | $120.70M | $137.35M | $173.00M | $108.48M | $- | $- | $- | $- | $- | $1.20B | $715.53M | $415.51M | $225.54M | $340.50M | $36.15M | $30.61M | $42.07M |
| Other Current Liabilities | $1.20B | $1.27B | $1.24B | $503.47M | $447.22M | $532.28M | $364.27M | $366.28M | $175.88M | $331.24M | $364.29M | $410.35M | $186.02M | $386.15M | $382.35M | $317.10M | $143.71M | $215.68M | $223.75M | $229.25M |
| Total Current Liabilities | $3.84B | $4.02B | $4.34B | $3.79B | $3.81B | $3.93B | $2.22B | $2.28B | $2.22B | $2.09B | $2.58B | $2.82B | $3.21B | $3.10B | $2.85B | $2.34B | $1.85B | $1.53B | $1.62B | $2.00B |
| Long Term Debt | $1.72B | $1.76B | $1.41B | $1.36B | $1.39B | $1.39B | $693.95M | $713.06M | $722.84M | $734.78M | $746.78M | $867.73M | $871.72M | $999.99M | $1.21B | $1.37B | $1.58B | $1.72B | $1.76B | $1.89B |
| Deferred Revenue Non-Current | $- | $121.33K | $177.57M | $186.38M | $189.48M | $920.50M | $86.20M | $- | $- | $- | $- | $- | $582.12M | $88.55M | $92.23M | $80.44M | $609.21M | $257.93M | $453.00M | $476.81M |
| Deferred Tax Liabilities Non-Current | $- | $105.88M | $30.05M | $23.14M | $171.25M | $25.52M | $25.27M | $12.00M | $162.74M | $203.77M | $128.36M | $182.14M | $186.22M | $214.37M | $237.95M | $333.89M | $346.49M | $469.21M | $511.18M | $571.13M |
| Other Non-Current Liabilities | $1.44B | $1.72B | $1.75B | $1.99B | $2.18B | $1.18B | $603.19M | $653.32M | $620.75M | $821.48M | $755.06M | $811.64M | $591.17M | $723.54M | $518.56M | $871.49M | $634.09M | $916.10M | $432.09M | $995.82M |
| Total Non-Current Liabilities | $3.16B | $3.59B | $3.19B | $3.35B | $3.58B | $3.49B | $1.41B | $1.38B | $1.51B | $1.56B | $1.50B | $1.68B | $1.65B | $1.81B | $2.06B | $2.32B | $2.56B | $2.89B | $3.15B | $3.36B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $7.00B | $7.61B | $7.53B | $7.14B | $7.39B | $7.42B | $3.63B | $3.65B | $3.72B | $3.64B | $4.09B | $4.50B | $4.86B | $4.91B | $4.90B | $4.66B | $4.41B | $4.42B | $4.77B | $5.36B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $5.50B | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $11.97B | $- | $2.01B | $2.01B | $2.01B | $2.00B | $2.01B | $2.00B | $2.00B | $2.00B | $2.00B | $2.00B | $2.00B | $2.00B | $2.00B | $2.00B | $2.00B | $2.00B | $2.00B | $2.00B |
| Retained Earnings | $- | $- | $13.08B | $14.25B | $13.87B | $13.71B | $14.40B | $14.18B | $13.80B | $15.54B | $13.79B | $13.34B | $12.57B | $11.73B | $10.52B | $9.91B | $9.31B | $8.71B | $10.17B | $10.12B |
| Accumulated Other Comprehensive Income Loss | $- | $- | $-3.02B | $-3.04B | $-3.28B | $-782.62M | $-3.85B | $-1.45B | $-1.46B | $-5.50B | $-1.52B | $-1.43B | $-1.54B | $-1.53B | $-1.48B | $-1.58B | $-1.53B | $-1.53B | $13.10B | $13.00B |
| Other Total Stockholders Equity | $- | $11.94B | $-150.48M | $-2.70B | $-1.82B | $-4.10B | $-2.70B | $-2.50B | $-3.96B | $-5.65B | $-4.10B | $-4.10B | $-4.04B | $-4.10B | $-4.10B | $-4.10B | $-4.03B | $-4.10B | $-150.00M | $-150.00M |
| Total Stockholders Equity | $11.97B | $11.94B | $11.92B | $13.07B | $12.45B | $12.44B | $12.39B | $12.23B | $11.85B | $11.90B | $11.78B | $11.42B | $10.54B | $9.70B | $8.55B | $7.84B | $7.29B | $6.69B | $6.55B | $6.50B |
| Total Equity | $16.13B | $16.33B | $16.21B | $17.61B | $16.85B | $16.87B | $14.31B | $14.25B | $13.77B | $13.78B | $13.70B | $13.22B | $12.24B | $11.27B | $9.95B | $9.09B | $8.44B | $7.78B | $7.62B | $7.58B |
| Total Liabilities and Stockholders Equity | $23.13B | $23.94B | $23.74B | $24.75B | $24.24B | $24.29B | $17.94B | $17.91B | $17.49B | $17.42B | $17.79B | $17.72B | $17.10B | $16.17B | $14.85B | $13.75B | $12.86B | $12.19B | $12.39B | $12.94B |
| Minority Interest | $4.16B | $4.38B | $4.29B | $4.54B | $4.40B | $4.43B | $1.92B | $2.02B | $1.92B | $1.88B | $1.93B | $1.80B | $1.70B | $1.56B | $1.40B | $1.25B | $1.16B | $1.09B | $1.07B | $1.08B |
| Total Liabilities and Total Equity | $23.13B | $23.94B | $23.74B | $24.75B | $24.24B | $24.29B | $17.94B | $17.91B | $17.49B | $17.42B | $17.79B | $17.72B | $17.10B | $16.17B | $14.85B | $13.75B | $12.86B | $12.19B | $12.39B | $12.94B |
| Total Investments | $2.65B | $2.79B | $3.60B | $3.85B | $3.12B | $3.24B | $3.07B | $3.52B | $2.80B | $2.14B | $2.31B | $2.15B | $2.11B | $1.52B | $1.33B | $1.12B | $1.29B | $1.02B | $1.10B | $527.99M |
| Total Debt | $2.44B | $2.40B | $2.22B | $2.34B | $2.39B | $2.42B | $1.12B | $1.11B | $1.27B | $1.33B | $1.34B | $1.62B | $1.74B | $1.77B | $1.85B | $1.99B | $2.02B | $2.16B | $2.38B | $2.62B |
| Net Debt | $749.00M | $790.00M | $492.66M | $552.24M | $542.86M | $599.40M | $197.49M | $-108.00M | $-382.31M | $-148.49M | $624.95M | $-168.55M | $462.11M | $824.93M | $1.08B | $1.15B | $1.48B | $1.48B | $1.93B | $1.72B |
Annual Cash Flow
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Net Income | $-53.67M | $730.50M | $2.09B | $4.37B | $867.87M |
| Depreciation and Amortization | $743.28M | $710.67M | $616.49M | $591.79M | $631.05M |
| Deferred Income Tax | $- | $-160.94M | $-1.20B | $578.28M | $66.56M |
| Stock Based Compensation | $- | $- | $- | $- | $- |
| Change in Working Capital | $58.28M | $346.95M | $1.15B | $-2.62B | $352.80M |
| Accounts Receivables | $297.28M | $-105.83M | $584.70M | $-926.74M | $-41.65M |
| Inventory | $-108.83M | $218.78M | $438.09M | $-1.91B | $156.52M |
| Accounts Payables | $- | $303.17M | $83.31M | $109.25M | $200.41M |
| Other Working Capital | $-130.18M | $-69.18M | $46.40M | $106.22M | $37.52M |
| Other Non Cash Items | $1.16B | $1.12B | $86.74M | $5.90M | $6.99M |
| Net Cash Provided by Operating Activities | $1.91B | $2.75B | $2.75B | $2.68B | $1.76B |
| Investments in Property Plant and Equipment | $-1.87B | $-1.46B | $-580.55M | $-523.61M | $-560.01M |
| Acquisitions Net | $- | $662.39M | $-4.22M | $-757.00K | $-17.01M |
| Purchases of Investments | $- | $-717.53M | $-770.64M | $-579.01M | $-599.30M |
| Sales Maturities of Investments | $- | $- | $- | $523.61M | $599.30M |
| Other Investing Activities | $490.10M | $45.55M | $30.80M | $-465.58M | $-599.84M |
| Net Cash Used for Investing Activities | $-1.38B | $-1.47B | $-1.32B | $-1.05B | $-1.18B |
| Debt Repayment | $174.50M | $-197.06M | $-486.15M | $-285.08M | $-506.25M |
| Common Stock Issued | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $- |
| Dividends Paid | $-608.55M | $-569.29M | $-533.68M | $-566.97M | $- |
| Other Financing Activities | $-54.34M | $- | $- | $-2.32M | $- |
| Net Cash Used Provided by Financing Activities | $-488.38M | $-766.36M | $-1.02B | $-854.38M | $-506.25M |
| Effect of Forex Changes on Cash | $-197.20M | $-71.84M | $-35.41M | $-38.87M | $-60.21M |
| Net Change in Cash | $-154.75M | $192.66M | $376.75M | $738.72M | $17.92M |
| Cash at End of Period | $1.69B | $1.85B | $1.65B | $1.28B | $537.88M |
| Cash at Beginning of Period | $1.85B | $1.65B | $1.28B | $537.88M | $519.97M |
| Operating Cash Flow | $1.91B | $2.50B | $2.75B | $2.68B | $1.76B |
| Capital Expenditure | $-1.87B | $-1.46B | $-580.55M | $-523.61M | $-560.01M |
| Free Cash Flow | $40.74M | $1.04B | $2.17B | $2.15B | $1.20B |
Cash Flow Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $281.00M | $31.66M | $-721.62M | $358.72M | $415.39M | $-782.84M | $735.88M | $480.00M | $59.00M | $219.90M | $936.00M | $877.52M | $1.14B | $1.37B | $1.16B | $706.67M | $670.60M | $-21.00M | $43.60M | $-19.36M |
| Depreciation and Amortization | $221.00M | $184.00M | $197.64M | $169.57M | $191.64M | $165.19M | $150.91M | $151.00M | $160.00M | $153.17M | $153.00M | $149.53M | $146.20M | $145.00M | $149.00M | $151.59M | $154.00M | $152.40M | $158.30M | $166.39M |
| Deferred Income Tax | $- | $- | $283.00M | $-12.65M | $-45.16M | $157.65M | $-116.58M | $-157.00M | $-90.00M | $-21.84M | $-396.00M | $-688.26M | $111.20M | $270.00M | $83.00M | $114.33M | $-60.90M | $-52.40M | $-44.20M | $224.00M |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $306.00M | $-147.73M | $168.05M | $-264.00M | $345.87M | $388.00M | $-604.88M | $218.00M | $955.00M | $547.74M | $-681.00M | $331.42M | $-158.30M | $-1.14B | $-652.00M | $-666.18M | $-275.30M | $140.60M | $305.80M | $181.77M |
| Accounts Receivables | $194.00M | $- | $- | $- | $-104.28M | $- | $- | $- | $573.81M | $- | $- | $- | $-885.20M | $- | $- | $- | $-12.11M | $- | $- | $- |
| Inventory | $113.00M | $- | $- | $- | $202.47M | $- | $- | $- | $438.09M | $- | $- | $- | $-1.91B | $- | $- | $- | $156.52M | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Working Capital | $-1.00M | $-147.73M | $168.05M | $-272.99M | $-54.98M | $384.13M | $-603.80M | $216.97M | $-56.90M | $547.91M | $-680.58M | $328.86M | $-158.30M | $-1.14B | $-650.16M | $-666.18M | $-275.30M | $140.60M | $305.80M | $181.77M |
| Other Non Cash Items | $-336.00M | $197.94M | $723.24M | $546.28M | $581.01M | $1.08B | $-39.87M | $-80.00M | $-52.00M | $134.76M | $-17.00M | $22.08M | $2.10M | $1.00M | $399.00K | $1.70M | $2.50M | $700.00K | $2.50M | $1.30M |
| Net Cash Provided by Operating Activities | $472.00M | $265.87M | $650.31M | $471.43M | $1.15B | $945.39M | $47.93M | $612.00M | $1.03B | $1.03B | $-5.00M | $692.29M | $1.14B | $586.00M | $628.00M | $327.84M | $354.90M | $460.00M | $503.70M | $442.77M |
| Investments in Property Plant and Equipment | $-561.00M | $-445.99M | $-403.10M | $-445.62M | $-811.06M | $-382.10M | $-197.51M | $-198.00M | $-159.00M | $-136.21M | $-161.00M | $-124.84M | $-121.90M | $-111.00M | $-161.00M | $-129.70M | $-120.50M | $-71.10M | $-110.80M | $-257.58M |
| Acquisitions Net | $- | $- | $-3.29K | $992.48K | $-652.99M | $662.39M | $7.58K | $977.89K | $4.22M | $58.98K | $-4.00M | $404.88K | $757.00K | $11.33M | $445.94K | $-757.00K | $-2.90M | $-2.80M | $-6.80M | $-4.47M |
| Purchases of Investments | $- | $- | $- | $- | $-30.90M | $-306.42M | $210.75M | $-653.23M | $-444.04M | $-131.00M | $-277.00M | $- | $-555.29M | $-197.00M | $- | $129.70M | $-84.29M | $84.29M | $- | $- |
| Sales Maturities of Investments | $- | $-164.92M | $325.44M | $- | $2.16M | $382.10M | $-210.76M | $652.25M | $-82.16M | $-58.98K | $- | $82.16M | $-149.31M | $-172.05M | $24.43M | $149.31M | $120.50M | $71.10M | $- | $- |
| Other Investing Activities | $318.00M | $4.91M | $1 | $1.95M | $715.33M | $-381.29M | $234.42M | $-667.00M | $78.99M | $105.00K | $29.00M | $409.00K | $204.74M | $1.00M | $25.00M | $-129.13M | $-225.81M | $-70.99M | $-591.90M | $97.21M |
| Net Cash Used for Investing Activities | $-243.00M | $-606.00M | $-77.66M | $-444.63M | $-777.47M | $-25.33M | $36.90M | $-865.00M | $-602.00M | $-267.11M | $-413.00M | $-42.27M | $-621.00M | $-307.00M | $-136.00M | $19.41M | $-313.00M | $10.50M | $-709.50M | $-164.84M |
| Debt Repayment | $118.00M | $187.00M | $-77.00M | $-52.63M | $-14.93M | $- | $-17.70M | $-163.85M | $-59.66M | $-14.00M | $-278.00M | $-135.14M | $-31.42M | $-85.00M | $-140.05M | $-29.48M | $-161.97M | $-224.70M | $-239.00M | $119.39M |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $-177.00M | $- | $-472.83M | $- | $-266.54M | $-422.68K | $-347.87M | $- | $-187.64M | $-3.14M | $-353.00M | $- | $-157.00M | $-3.98M | $-412.00M | $- | $- | $- | $- | $- |
| Other Financing Activities | $-4.00M | $3.46M | $-5.82M | $28.68K | $-71.93M | $2.56M | $4.20M | $- | $10.97M | $3.45M | $- | $- | $4.72M | $864.00K | $51.00K | $- | $- | $92.00K | $-100.00K | $- |
| Net Cash Used Provided by Financing Activities | $-63.00M | $190.46M | $-548.82M | $-52.60M | $-302.80M | $2.56M | $-371.05M | $-164.00M | $-236.00M | $-13.69M | $-631.00M | $-135.14M | $-188.50M | $-84.00M | $-552.00M | $-29.48M | $-162.00M | $-224.60M | $-239.10M | $119.39M |
| Effect of Forex Changes on Cash | $-88.16M | $- | $-83.22M | $-41.16M | $-14.54M | $-27.29M | $-13.53M | $-16.47M | $-14.58M | $2.08M | $-21.74M | $-1.17M | $3.39M | $-15.63M | $-6.35M | $-20.27M | $-22.67M | $-19.72M | $-6.91M | $-10.90M |
| Net Change in Cash | $-1.61B | $-112.81M | $-61.35M | $-64.39M | $32.75M | $895.33M | $-299.75M | $-2.07B | $179.20M | $755.01M | $-1.07B | $513.72M | $329.03M | $178.88M | $-66.69M | $297.50M | $-142.78M | $226.10M | $-451.83M | $386.43M |
| Cash at End of Period | $- | $1.61B | $1.72B | $1.79B | $1.85B | $1.82B | $920.40M | $-417.00M | $1.65B | $1.47B | $719.15M | $1.79B | $1.28B | $947.58M | $768.69M | $835.38M | $537.88M | $680.66M | $454.56M | $906.39M |
| Cash at Beginning of Period | $1.61B | $1.72B | $1.79B | $1.85B | $1.82B | $920.40M | $1.22B | $1.65B | $1.47B | $719.15M | $1.79B | $1.28B | $947.58M | $768.69M | $835.38M | $537.88M | $680.66M | $454.56M | $906.39M | $519.97M |
| Operating Cash Flow | $472.00M | $265.87M | $650.31M | $471.43M | $1.15B | $945.39M | $47.93M | $612.00M | $1.03B | $1.03B | $-5.00M | $692.29M | $1.14B | $586.00M | $628.00M | $327.84M | $354.90M | $460.00M | $503.70M | $442.77M |
| Capital Expenditure | $-561.00M | $-412.21M | $-403.10M | $-445.62M | $-811.06M | $-382.10M | $-197.51M | $-198.00M | $-159.00M | $-136.21M | $-161.00M | $-124.84M | $-121.90M | $-111.00M | $-161.00M | $-129.70M | $-120.50M | $-71.10M | $-110.80M | $-257.58M |
| Free Cash Flow | $-89.00M | $-146.34M | $247.21M | $25.80M | $339.56M | $563.29M | $-149.58M | $414.00M | $873.00M | $897.51M | $-166.00M | $567.45M | $1.01B | $475.00M | $467.00M | $198.14M | $234.40M | $388.90M | $392.90M | $185.19M |
Ternium S.A Dividends
Explore Ternium S.A's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
106.60%
Dividend Payout Ratio
-1133.84%
Dividend Paid & Capex Coverage Ratio
0.77x
Ternium S.A Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $1.8 | $1.8 | May 09, 2025 | May 14, 2025 | ||
| $0.9 | $0.9 | November 18, 2024 | November 18, 2024 | November 26, 2024 | November 05, 2024 |
| $2.2 | $2.2 | May 02, 2024 | May 03, 2024 | May 13, 2024 | February 20, 2024 |
| $1.1 | $1.1 | November 10, 2023 | November 13, 2023 | November 21, 2023 | October 31, 2023 |
| $1.8 | $1.8 | May 04, 2023 | May 05, 2023 | May 15, 2023 | February 14, 2023 |
| $0.9 | $0.9 | November 14, 2022 | November 15, 2022 | November 22, 2022 | November 03, 2022 |
| $1.8 | $1.8 | May 05, 2022 | May 06, 2022 | May 16, 2022 | March 22, 2022 |
| $0.8 | $0.8 | November 12, 2021 | November 15, 2021 | November 19, 2021 | November 04, 2021 |
| $2.1 | $2.1 | May 05, 2021 | May 06, 2021 | May 14, 2021 | April 14, 2021 |
| $1.2 | $1.2 | April 29, 2020 | April 30, 2020 | May 05, 2020 | January 01, 1900 |
| $1.2 | $1.2 | May 08, 2019 | May 09, 2019 | May 17, 2019 | February 19, 2019 |
| $1.1 | $1.1 | May 04, 2018 | May 07, 2018 | May 15, 2018 | February 20, 2018 |
| $1 | $1 | May 05, 2017 | May 09, 2017 | May 19, 2017 | February 21, 2017 |
| $0.9 | $0.9 | May 06, 2016 | May 10, 2016 | May 16, 2016 | April 26, 2016 |
| $0.9 | $0.9 | May 08, 2015 | May 12, 2015 | May 18, 2015 | April 07, 2015 |
| $0.75 | $0.75 | May 09, 2014 | May 13, 2014 | May 19, 2014 | February 19, 2014 |
| $0.65 | $0.65 | May 03, 2013 | May 07, 2013 | May 13, 2013 | April 26, 2013 |
| $0.75 | $0.75 | May 03, 2012 | May 07, 2012 | May 11, 2012 | March 29, 2012 |
| $0.75 | $0.75 | June 02, 2011 | June 06, 2011 | June 10, 2011 | May 31, 2011 |
| $0.5 | $0.5 | June 03, 2010 | June 07, 2010 | June 11, 2010 | May 21, 2010 |
Ternium S.A News
Read the latest news about Ternium S.A, including recent articles, headlines, and updates.
Ternium: Upgrading To Buy Despite Bad Q4 Results
TX's Q4 2024 performance was weak, with a 21.4% YoY revenue decline and a significant EBITDA margin drop to 7%. Weak commercial demand in Mexico and uncertainties around tariffs and Chinese steel imports are expected to continue pressuring TX's topline in 2025. Despite volume pressures, TX's focus on high-margin products and operational efficiency should drive margin improvements and support bottom-line expansion in 2025.
Ternium S.A. (TX) Q4 2024 Earnings Call Transcript
Ternium S.A. (NYSE:TX ) Q4 2024 Earnings Conference Call February 19, 2025 8:30 AM ET Company Participants Sebastian Marti - Global IR & Compliance Senior Director Maximo Vedoya - Chief Executive Officer Pablo Brizzio - Chief Financial Officer Conference Call Participants Carlos De Alba - Morgan Stanley Caio Ribeiro - Bank of America Alejandro Demichelis – Jefferies Timna Tanners - Wolfe Research Alfonso Salazar - Scotiabank Operator Thank you for standing by and welcome to the Ternium Fourth Quarter 2024 Results Conference Call.
3 Construction Stocks Set to Surge on Tariff-Driven Demand
There has been a new wave of volatility in the stock market lately, this time due to President Trump's rollout of trade tariffs. This economic uncertainty has led investors to shift their portfolios, seeking safety and additional upside for the coming months.
Ternium: Appealing And Risky At The Same Time
TX is an appealing stock in a number of ways, which includes a generous dividend and relatively low multiples. The stock has been weighed down by tough conditions in the steel market and the uncertainty of what tariffs could bring. TX has not done so badly considering the circumstances and there is reason to think 2025 could be a better year than 2024.
3 Steel Stocks Soaring After Tariff Announcements
The broader stock market sentiment has been shaky due to concerns that President Trump will implement potential trade tariffs, affecting some of the major industries in the United States economy and those of its trading partners. However, some of the market's signals may indicate that these tariffs may be a positive development for domestic manufacturing stocks.
Brazilian Court Confirms Ternium's Obligation to Pay Indemnification in connection with its 2012 Acquisition of a Participation in Usiminas; the Decision is subject to Further Appeals
LUXEMBOURG / ACCESSWIRE / December 6, 2024 / Ternium S.A. (NYSE:TX) announced that the Brazilian Superior Court of Justice (SCJ) published today its unanimous decision to reject a motion of clarification filed by Ternium's subsidiaries Ternium Investments and Ternium Argentina, together with Tenaris's subsidiary Confab (all of which compose the T/T Group under the Usiminas shareholders agreement), that had sought to revert the June 18, 2024 SCJ decision ordering the T/T Group to pay Companhia Siderúrgica Nacional, or CSN, an indemnification in connection with their 2012 acquisition of a participation in Usiminas.
Ternium: Don't Judge A Book By Its Cover
Ternium has a current level of net debt of $1.46 billion, with extraordinary FCF generation over the last five years. Despite the fall in the international price of steel, the company maintained a solid financial performance. The company's Steel Products Shipments reached 4,123 tons, this amount implies an increase of 7% compared to Q2 2024.
Ternium S.A. (TX) Q3 2024 Earnings Call Transcript
Ternium S.A. (NYSE:TX ) Q3 2024 Earnings Conference Call November 6, 2024 8:30 AM ET Company Participants Sebastian Marti - Global IR & Compliance Senior Director Maximo Vedoya - Chief Executive Officer Pablo Brizzio - Chief Financial Officer Conference Call Participants Marcio Farid - Goldman Sachs Alfonso Salazar - Scotiabank Henrique Braga - Morgan Stanley Camilla Barder - Bradesco BBI Operator Thank you for standing by.
Should Value Investors Buy Ternium (TX) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Ternium: Patience Should Pay Off, But Near-Term Conditions Are Weak
Ternium reported weaker-than-expected Q2'24 results and weaker EBITDA guidance for Q3'24, as the company is seeing significant steel price pressure and higher cash production costs. While this is not the best of times for Ternium, the company's per-tonne profitability still compares favorably to global producers (including Steel Dynamics) and demand should improve later this year. Ternium offers attractive leverage to significant manufacturing nearshoring growth in Mexico, as well as further import substitution in key markets like autos.
Ternium S.A. (TX) Q2 2024 Earnings Call Transcript
Ternium S.A. (NYSE:TX ) Q2 2024 Earnings Conference Call July 31, 2024 8:30 AM ET Company Participants Sebastian Marti - Investor Relations Maximo Vedoya - Chief Executive Officer Pablo Brizzio - Chief Financial Officer Conference Call Participants Kayo Rivero - Bank of America Carlos De Alba - Morgan Stanley Timna Tanners - Wolfe Research Marcio Farid - Goldman Sachs Alex Hacking - Citi Leo Correa - BTG Pactual Operator Thank you for standing by.
70 All-Star And Graham Value Stocks: 57 Fit To Buy In June
Large Cap Value rankings from YCharts identify stocks with low prices relative to their assets and profits. The Ben Graham Formula strategy selects stable stocks with strong earnings and dividends based on Graham's book "The Intelligent Investor". 57 out of 70 All-Star-Value Dividend stocks offer annual dividends (from $1K invested) exceeding their price per share.
Brazilian Court Orders Ternium to Pay an Indemnification in Connection with its Acquisition of a Participation in Usiminas in 2012
LUXEMBOURG / ACCESSWIRE / June 18, 2024 / Ternium S.A. (NYSE:TX) announced today that the Brazilian Superior Court of Justice (SCJ) resolved that Ternium's subsidiaries Ternium Investments and Ternium Argentina, and Tenaris's subsidiary Confab, all of which compose the T/T Group under the Usiminas shareholders agreement, should pay Companhia Siderúrgica Nacional, or CSN, an indemnification in connection with the acquisition by the T/T Group of a participation in Usiminas in January 2012.
3 Steel Producer Stocks to Escape Industry Headwinds
The Zacks Steel Producers industry has lost momentum after enjoying a strong recovery during the final quarter of 2023 as steel prices have come under pressure since the beginning of this year. Soft demand in China amid the economic slowdown is also a concern.However, improved demand in the automotive space and a resilient non-residential construction market augur well for the industry. Industry players like Steel Dynamics, Inc. (STLD Quick QuoteSTLD - Free Report) , Ternium S.A. (TX Quick QuoteTX - Free Report) and Universal Stainless & Alloy Products, Inc. (USAP Quick QuoteUSAP - Free Report) are worth a look despite near-term headwinds.About the Industry The Zacks Steel Producers industry serves a vast spectrum of end-use industries such as automotive, construction, appliance, container, packaging, industrial machinery, mining equipment, transportation, and oil and gas with various steel products. These products include hot-rolled and cold-rolled coils and sheets, hot-dipped and galvanized coils and sheets, reinforcing bars, billets and blooms, wire rods, strip mill plates, standard and line pipe, and mechanical tubing products. Steel is primarily produced using two methods — Blast Furnace and Electric Arc Furnace. It is regarded as the backbone of the manufacturing industry. The automotive and construction markets have historically been the largest consumers of steel. Notably, the housing and construction sector is the biggest consumer of steel, accounting for roughly half of the world’s total consumption. What's Shaping the Future of the Steel Producers' Industry? Weaker Steel Prices to Hurt Margins: U.S. steel prices saw a significant downward correction after a strong run during the first three months of 2023. The benchmark hot-rolled coil (HRC) prices tumbled more than 40% from their April 2023 peak of around $1,200 per short ton to below the $700 per short ton level in late September. The downside was partly driven by shorter lead times. The United Auto Workers (UAW) strike and the lower cost of raw materials also weighed on HRC prices. Nevertheless, U.S. steel prices rebounded during the fourth quarter, with HRC prices breaking above $1,000 per short ton in December, driven by U.S. steel mills’ price hike actions and the resolution to the UAW strike. However, the upward momentum has lately hit a speed bump. HRC prices have again come under pressure since the start of 2024 on a pullback in steel mill lead times. Increased imports have also put pressure on steel prices. As such, lower realized prices are expected to weigh on the profitability and cash flows of steel-producing companies over the near term.Slowdown in China a Concern: Steel demand in China, the world’s top consumer of the commodity, has softened due to a slowdown in the country’s economy, following a protracted property crisis and weak global demand. The real estate sector has taken a hard hit amid a decline in new home prices, property investment and housing sales. Notably, real estate accounts for roughly 40% of China's steel consumption. A slowdown in manufacturing activities has led to a contraction in demand for steel in China. The manufacturing sector has taken a beating due to weaker external demand for manufactured goods and a slowdown in infrastructure spending. China has also seen a slowdown in the construction sector. The sluggishness in these key steel-consuming sectors is expected to hurt demand for steel over the short term.Strong Demand in Major Markets Bode Well: Steel producers are set to gain from strong demand across major steel end-use markets, including automotive and construction. They are expected to benefit from higher order booking from the automotive market. Steel demand in automotive is expected to rise on the back of an easing global shortage in semiconductor chips that has weighed heavily on the automotive industry for nearly two years. Also, the UAW reached a deal with the Detroit Big Three in November 2023, ending the roughly six-week strike that weighed on the U.S. steel industry due to a slowdown in automotive demand. The resolution to the UAW strikes augurs well for steel demand. Meanwhile, order activities in the non-residential construction market remain strong, underscoring the inherent strength of this industry. Demand in the energy sector has improved on the back of strength in oil and gas prices. Favorable trends across these markets bode well. Zacks Industry Rank Indicates Downbeat Prospects The Zacks Steel Producers industry is part of the broader Zacks Basic Materials Sector. It carries a Zacks Industry Rank #210, which places it at the bottom 16% of more than 250 Zacks industries.The group’s Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates a gloomy near term. Our research shows that the top 50% of the Zacks-ranked industries outperforms the bottom 50% by a factor of more than 2 to 1.Despite the industry’s bleak near-term prospects, we will present a few stocks worth considering for your portfolio. But before that, it’s worth taking a look at the industry’s stock market performance and current valuation. Industry Underperforms S&P 500 The Zacks Steel Producers industry has underperformed the Zacks S&P 500 composite while outperforming the broader Zacks Basic Materials sector over the past year.The industry has gained 16.8% over this period compared with the S&P 500’s rise of 26.6% and the broader sector’s increase of 12.9%. One-Year Price Performance Industry's Current Valuation On the basis of the trailing 12-month enterprise value-to EBITDA (EV/EBITDA) ratio, which is a commonly used multiple for valuing steel stocks, the industry is currently trading at 10.23X, below the S&P 500’s 14.66X and the sector’s 12.14X.Over the past five years, the industry has traded as high as 13.56X, as low as 2.82X and at the median of 7.65X, as the chart below shows. Enterprise Value/EBITDA (EV/EBITDA) Ratio Enterprise Value/EBITDA (EV/EBITDA) Ratio 3 Steel Producers Stocks to Invest In Steel Dynamics: Based in Indiana, Steel Dynamics is a leading steel producer and metals recycler in the United States. It benefits from strong momentum in the non-residential construction sector driven by healthy customer order activity. Steel Dynamics is also currently executing a number of projects that should add to its capacity and boost profitability. STLD is ramping up operations at its new state-of-the-art electric arc furnace flat-rolled steel mill in Texas. Moreover, the value-added flat-rolled steel coating lines, consisting of two paint lines and two galvanizing lines, will enhance the annual value-added flat-rolled steel capacity.Steel Dynamics carries a Zacks Rank #3 (Hold). The Zacks Consensus Estimate for 2024 earnings for STLD has been revised 10.2% upward over the past 60 days. Price and Consensus: STLD Ternium: Based in Luxembourg, Ternium is a leading producer of flat and long steel products in Latin America. It is expected to benefit from strong demand for steel products. Its shipments in Mexico are likely to be aided by healthy demand from industrial customers and a rebound in the commercial market. TX is seeing increased demand in most industrial sectors, including automotive, in Mexico. Demand in automotive remains strong in Brazil while lower interest rates and infrastructure projects are expected to contribute to a pick-up in construction activities. Moreover, the company is benefiting from the cost competitiveness of its facilities. It is also taking actions to boost liquidity and strengthen its financial position.Ternium carries a Zacks Rank #3. TX beat the Zacks Consensus Estimate for earnings in three of the trailing four quarters. In this time frame, it has delivered an average earnings surprise of roughly 37.5%.Price and Consensus: TX Universal Stainless & Alloy Products: Pennsylvania-based Universal Stainless & Alloy Products, carrying a Zacks Rank #3, makes and markets finished and semi-finished specialty steels, including stainless steel, tool steels and other alloy steels. The company is benefiting from strengthening demand in the aerospace market, which is driving its premium alloy sales and the top line. USAP is seeing strong growth in aerospace sales courtesy of increased demand for new airplanes backed by a recovery in air travel. The company is also gaining from a favorable product mix. The completion of its capital project is expected to enable the expansion of its portfolio with technologically advanced, higher-margin products.Universal Stainless & Alloy Products has a projected earnings growth rate of 183% for 2024. The Zacks Consensus Estimate for 2024 earnings has been stable over the past 60 days.Price and Consensus: USAP Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>
68 Graham Value Stocks, 57 Fit To Buy In March
Large Cap Value ranking from YCharts identifies stocks with low prices relative to their assets and profits. Ben Graham Formula strategy selects stable stocks with strong earnings and dividends based on Graham's book "The Intelligent Investor". 57 out of 68 All-Star-Value Dividend stocks offer annual dividends exceeding their price per share.
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