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TX

Ternium S.A.

TXBasic MaterialsNASDAQ

Steel

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Financials · Annual
Revenue
$15.61B
-11.6% YoY
Net Income
$425.2M
+892.3% YoY
EBITDA
$1.65B
-1.0% YoY
Free Cash Flow
-$557.7M

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About Ternium S.A.

Ternium S.A., together with its subsidiaries, manufactures and distributes steel products in Mexico, Southern Region, Brazil, and internationally. Valued at $9.63B, TX is a mid-cap name in its sector. The company operates through two segments, Steel and Mining.

Key stats
Market Cap$9.63B
P/E (TTM)16.35
Fwd P/E9.78
EPS$3.00
Beta1.19
52W Change+79.1%
Dividend Yield4.49%
ROE3.2%
Analysis

Ternium S.A. holds $3.14B in cash against $3.01B in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Free cash flow is running at -$557.7M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of 3.2% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 2.2% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $16.41B (2022) to $15.61B (2025).

The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. No single metric tells the full story. Reviewing TX's risk profile alongside its fundamentals and technical indicators provides a more complete picture.

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