Ternium (TX) Equity Income (2021 - 2023)
Ternium's (TX) quarterly Equity Income came in at $35.0 million in Q1 2023, down 40.68% YoY from $59.0 million in Q1 2022, and up 84.21% on a QoQ basis from $19.0 million in Q4 2022.
Ternium (TX) Equity Income (2021 - 2023) Analysis & Trends
Ternium (TX) has 3 years of Equity Income data on file, last reported at $35.0 million in Q1 2023.
- Quarterly Equity Income fell 40.68% year-over-year to $35.0 million in Q1 2023, while the trailing twelve-month figure through Mar 2023 was $13.0 million (changed N/A YoY) and the FY2022 annual result came in at $37.0 million, down 90.77% from the prior year.
- Equity Income rose to $35.0 million in Q1 2023, from $19.0 million in the prior quarter.
- In the past five years, Equity Income ranged from a high of $302.0 million in Q3 2021 to a low of -$90.0 million in Q3 2022.
- A 3-year average of $67.6 million and a median of $49.0 million in 2022 frame the typical range for Equity Income.
- Annual changes were most pronounced in 2022 — Equity Income slumped 129.8% — and 2023, when it plunged 40.68%.
- Tracing TX's Equity Income over 3 years: stood at $99.0 million in 2021, then sank by 80.81% to $19.0 million in 2022, then soared by 84.21% to $35.0 million in 2023.
- The last three Equity Income figures came in at $35.0 million (Q1 2023), $19.0 million (Q4 2022), and -$90.0 million (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 108.84 Bn | 98.95 Bn | 941.02 Mn | 22.24 Mn |
| 2 | Nucor | 55.75 Bn | 53.05 Bn | 2.03 Bn | 8.00 Mn |
| 3 | ArcelorMittal | 54.97 Bn | 50.12 Bn | - | -229.00 Mn |
| 4 | Steel Dynamics | 32.99 Bn | 32.40 Bn | 958.97 Mn | - |
| 5 | Reliance | 19.82 Bn | 19.59 Bn | 1.30 Bn | - |
| 6 | Cleveland-Cliffs | 6.46 Bn | 6.39 Bn | 132.00 Mn | - |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | 10.79 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.53 Bn | 2.97 Bn | - | - |
| 9 | Posco Holdings | 4.32 Bn | 1.83 Bn | 1.04 Bn | 62.54 Mn |
| 10 | Worthington Steel | 1.74 Bn | 1.66 Bn | 118.80 Mn | 3.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 35.00 Mn |
| Dec 31, 2022 | 19.00 Mn |
| Sep 30, 2022 | -90.00 Mn |
| Jun 30, 2022 | 49.00 Mn |
| Mar 31, 2022 | 59.00 Mn |
| Dec 31, 2021 | 99.00 Mn |
| Sep 30, 2021 | 302.00 Mn |