Ternium Argentina Income Statement

Financials in millions ARS. Fiscal year is January - December.

Millions ARS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,635,498	2,514,965	2,027,306	983,504	500,751	327,538
Revenue Growth (YoY)	26.73%	24.05%	106.13%	96.41%	52.88%	148.46%
Cost of Revenue	2,243,690	2,158,382	1,708,166	660,859	341,095	213,510
Gross Profit	391,808	356,583	319,140	322,645	159,656	114,028
Selling, General & Admin	227,694	214,237	156,208	57,584	27,297	15,797
Other Operating Expenses	70,861	75,627	61,118	25,571	13,432	9,094
Operating Expenses	298,555	289,864	217,326	83,155	40,729	24,891
Operating Income	93,253	66,719	101,814	239,490	118,927	89,137
Interest Expense	-12,850	-16,053	-34,938	-2,456	-1,460	-535
Interest & Investment Income	106,161	110,777	87,678	17,121	3,906	4,954
Earnings From Equity Investments	205,500	140,604	8,273	54,634	-2,187	67,307
Currency Exchange Gain (Loss)	-76,546	-76,546	4,433	82,879	-18,354	-3,326
Other Non Operating Income (Expenses)	-24,666	-5,305	7,374	-990	-1,293	-961
EBT Excluding Unusual Items	290,852	220,196	174,634	390,678	99,539	156,576
Gain (Loss) on Sale of Investments	69,220	69,220	-37,795	5,700	22,846	7,257
Gain (Loss) on Sale of Assets	228	228	1,474	164	221	192
Asset Writedown	-	-	-166,907	-	-	-
Legal Settlements	-61,945	-62,473	-91,314	-1,245	-447	-349
Pretax Income	298,355	227,171	-119,908	395,297	122,159	163,676
Income Tax Expense	47,784	143,754	-226,619	331,294	38,849	28,683
Earnings From Continuing Operations	250,571	83,417	106,711	64,003	83,310	134,993
Minority Interest in Earnings	2	2	4	-	-	-
Net Income	250,573	83,419	106,715	64,003	83,310	134,993
Net Income to Common	250,573	83,419	106,715	64,003	83,310	134,993
Net Income Growth	-	-21.83%	66.73%	-23.18%	-38.29%	615.54%
Shares Outstanding (Basic)	4,517	4,517	4,517	4,517	4,517	4,517
Shares Outstanding (Diluted)	4,517	4,517	4,517	4,517	4,517	4,517
EPS (Basic)	55.47	18.47	23.62	14.17	18.44	29.88
EPS (Diluted)	55.47	18.47	23.62	14.17	18.44	29.88
EPS Growth	-	-21.83%	66.73%	-23.18%	-38.29%	615.54%
Free Cash Flow	193,277	139,371	-415,140	279,764	116,218	56,927
Free Cash Flow Per Share	42.79	30.85	-91.90	61.94	25.73	12.60
Dividend Per Share	-	27.441	-	-	-	8.690
Gross Margin	14.87%	14.18%	15.74%	32.81%	31.88%	34.81%
Operating Margin	3.54%	2.65%	5.02%	24.35%	23.75%	27.21%
Profit Margin	9.51%	3.32%	5.26%	6.51%	16.64%	41.21%
Free Cash Flow Margin	7.33%	5.54%	-20.48%	28.45%	23.21%	17.38%
EBITDA	211,206	171,172	182,328	268,512	132,902	98,951
EBITDA Margin	8.01%	6.81%	8.99%	27.30%	26.54%	30.21%
D&A For EBITDA	117,953	104,453	80,514	29,022	13,975	9,814
EBIT	93,253	66,719	101,814	239,490	118,927	89,137
EBIT Margin	3.54%	2.65%	5.02%	24.35%	23.75%	27.21%
Effective Tax Rate	16.02%	63.28%	-	83.81%	31.80%	17.52%
Advertising Expenses	-	1,514	1,042	453	154	74

Source: S&P Global Market Intelligence. Standard template. Financial Sources.