Ternium Argentina S.A. (BCBA:TXAR)

Ternium Argentina Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	387,082	83,419	106,715	64,003	83,310	134,993
Depreciation & Amortization	137,361	111,764	85,952	31,039	14,768	10,313
Other Amortization	22,599	22,599	13,516	3,161	1,140	822
Asset Writedown & Restructuring Costs	-	-	166,907	-	-	-
Loss (Gain) on Equity Investments	-264,008	-140,604	-8,273	-54,634	2,187	-67,307
Other Operating Activities	91,877	241,847	-286,358	179,208	14,525	10,410
Change in Accounts Receivable	-3,085	-3,705	17,114	-4,506	-1,124	-3,002
Change in Inventory	-115,660	7,913	-176,469	65,852	15,184	-24,935
Change in Accounts Payable	31,626	-111,113	25,403	40,469	-3,405	2,181
Change in Other Net Operating Assets	5,653	84,465	-50,548	-8,466	4,413	-871
Operating Cash Flow	293,445	296,585	-106,041	316,126	130,998	62,604
Operating Cash Flow Growth	125.28%	-	-	141.32%	109.25%	82.48%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-149,024	-157,214	-309,099	-36,362	-14,780	-5,677
Sale of Property, Plant & Equipment	2,196	3,347	1,074	1,521	539	86
Investment in Securities	-9,601	155,144	267,603	-308,026	-116,409	-57,695
Other Investing Activities	-	-	2,541	724	-	-
Investing Cash Flow	-156,429	1,277	-37,881	-342,143	-130,650	-63,286

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Short-Term Debt Issued	-	59,139	441,496	4,877	-	-
Total Debt Issued	4,569	59,139	441,496	4,877	-	-
Short-Term Debt Repaid	-	-273,380	-282,622	-621	-	-
Long-Term Debt Repaid	-	-8,890	-6,074	-1,744	-742	-463
Total Debt Repaid	-86,661	-282,270	-288,696	-2,365	-742	-463
Net Debt Issued (Repaid)	-82,092	-223,131	152,800	2,512	-742	-463
Common Dividends Paid	-123,953	-	-	-	-	-
Other Financing Activities	-494	4,234	6,676	-5	-562	-645
Financing Cash Flow	-206,539	-218,897	159,476	2,507	-1,304	-1,108

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	3,809	24,067	-4,120	48,119	9,868	2,375
Net Cash Flow	-65,714	103,032	11,434	24,609	8,912	585

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	144,421	139,371	-415,140	279,764	116,218	56,927
Free Cash Flow Growth	-	-	-	140.72%	104.15%	82.67%
Free Cash Flow Margin	5.18%	5.54%	-20.48%	28.45%	23.21%	17.38%
Free Cash Flow Per Share	31.97	30.85	-91.90	61.94	25.73	12.60
Levered Free Cash Flow	-72,906	-117,793	-534,829	70,466	42,816	34,025
Unlevered Free Cash Flow	-68,504	-107,760	-512,992	72,001	43,728	34,360

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	7,401	22,039	27,889	2,254	1,454	533
Cash Income Tax Paid	10,559	30,423	178,821	65,911	44,343	22,851
Change in Working Capital	-81,466	-22,440	-184,500	93,349	15,068	-26,627

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 11, 2026

Data Sources Report a data error