Ternium S.A. (BMV:TX)

Ternium Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	15,711	17,649	17,610	16,414	16,091	8,735
Revenue Growth (YoY)	-16.00%	0.22%	7.28%	2.01%	84.20%	-14.30%
Cost of Revenue	13,524	14,773	12,354	12,496	9,902	7,100
Gross Profit	2,187	2,877	5,256	3,919	6,189	1,636
Selling, General & Admin	1,325	1,417	1,230	924.62	729.02	665.81
Amortization of Goodwill & Intangibles	53.84	43.2	37.13	26.4	39.37	-
Other Operating Expenses	219.79	152.06	180.63	156.3	122.91	-110.39
Operating Expenses	1,658	1,674	1,519	1,121	905.8	555.42
Operating Income	528.42	1,203	3,737	2,797	5,283	1,080
Interest Expense	-216.11	-196.18	-125.38	-46.74	-27	-46.64
Interest & Investment Income	252.38	297.82	255.01	75.15	62.91	49.42
Earnings From Equity Investments	83.3	69.11	105.31	37.11	400.73	57.56
Currency Exchange Gain (Loss)	-109.5	-104.02	98.04	-163.74	-36.76	3.38
Other Non Operating Income (Expenses)	-49.82	-46.07	-1,212	-13.11	17.51	10.07
EBT Excluding Unusual Items	488.67	1,224	2,858	2,686	5,700	1,154
Merger & Restructuring Charges	-	-	-1,707	-	-	-
Gain (Loss) on Sale of Investments	54.27	-145.77	1.9	78.31	75.8	6.1
Asset Writedown	-	-	-	-99	-	-
Legal Settlements	347.67	-349.73	59.65	1.07	-11.76	-0.62
Other Unusual Items	-	-	108.7	-	-	-
Pretax Income	890.6	728.01	1,321	2,667	5,764	1,159
Income Tax Expense	426.05	554.22	334.41	573.73	1,397	291.49
Earnings From Continuing Operations	464.55	173.78	986.37	2,093	4,367	867.87
Minority Interest in Earnings	119.34	-227.45	-310.33	-325.26	-542.12	-89.4
Net Income	583.89	-53.67	676.04	1,768	3,825	778.47
Net Income to Common	583.89	-53.67	676.04	1,768	3,825	778.47
Net Income Growth	635.85%	-	-61.75%	-53.79%	391.36%	37.96%
Shares Outstanding (Basic)	196	196	196	196	196	196
Shares Outstanding (Diluted)	196	196	196	196	196	196
EPS (Basic)	2.97	-0.27	3.44	9.00	19.49	3.97
EPS (Diluted)	2.97	-0.27	3.44	9.00	19.49	3.97
EPS Growth	635.85%	-	-61.75%	-53.79%	391.36%	37.96%
Free Cash Flow	-341.5	40.74	1,040	2,172	2,154	1,201
Free Cash Flow Per Share	-1.74	0.21	5.30	11.07	10.97	6.12
Dividend Per Share	1.800	2.700	3.300	2.700	2.600	2.100
Dividend Growth	-41.94%	-18.18%	22.22%	3.85%	23.81%	-
Gross Margin	13.92%	16.30%	29.85%	23.88%	38.46%	18.72%
Operating Margin	3.36%	6.82%	21.22%	17.04%	32.83%	12.37%
Profit Margin	3.72%	-0.30%	3.84%	10.77%	23.77%	8.91%
Free Cash Flow Margin	-2.17%	0.23%	5.91%	13.23%	13.38%	13.75%
EBITDA	1,227	1,878	4,345	3,436	5,875	1,711
EBITDA Margin	7.81%	10.64%	24.67%	20.93%	36.51%	19.59%
D&A For EBITDA	698.39	674.9	608.12	638.61	591.79	631.05
EBIT	528.42	1,203	3,737	2,797	5,283	1,080
EBIT Margin	3.36%	6.82%	21.22%	17.04%	32.83%	12.37%
Effective Tax Rate	47.84%	76.13%	25.32%	21.52%	24.24%	25.14%

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