Ternium (TX) Gross Margin (2009 - 2026)
Ternium (TX) reported Gross Margin of 22.32% for Q3 2026, up 6.94 percentage points from 15.38% a year earlier and up 0.64 percentage points from the prior quarter.
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Analysis
Ternium (TX) Gross Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Ternium's Gross Margin came in at 19.58%, up 5.58 percentage points year-over-year; for FY2025, it was 15.08%, down 1.29 percentage points from FY2024.
- Gross Margin has declined for four consecutive years, with a five-year change of -3.65 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 16.37% in FY2024 (-3.84 pp), 20.21% in FY2023 (-3.71 pp), 23.93% in FY2022 (-14.58 pp) and 38.50% in FY2021 (+19.78 pp).
- The Q3 2026 figure ranks as the highest quarterly Gross Margin since Q1 2024.
- Year over year, Gross Margin has now increased in each of the last five quarters, with an average year-over-year change of +0.83 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was Q4 2021 (a gain of 11.38 percentage points); the low point was Q4 2022 (a drop of 25.15 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 21.68% (Q2 2026), 17.46% (Q1 2026) and 16.00% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nucor | 172.02 Bn | 161.79 Bn | 2.33 Bn | 20.68% |
| 2 | Rio Tinto | 168.15 Bn | 130.95 Bn | - | - |
| 3 | Southern Copper | 138.51 Bn | 113.33 Bn | 3.10 Bn | 65.95% |
| 4 | Rio Tinto | 134.73 Bn | 101.79 Bn | - | - |
| 5 | Newmont | 117.64 Bn | 82.96 Bn | 4.22 Bn | 66.32% |
| 6 | Ternium | 99.96 Bn | 72.72 Bn | 1.04 Bn | 22.32% |
| 7 | Agnico Eagle Mines | 89.22 Bn | 76.17 Bn | 2.15 Bn | 60.10% |
| 8 | Freeport-Mcmoran | 85.03 Bn | 81.69 Bn | 2.55 Bn | 33.75% |
| 9 | Barrick Mining | 63.01 Bn | 47.43 Bn | 2.71 Bn | 53.46% |
| 10 | ArcelorMittal | 47.78 Bn | 31.28 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 22.32% |
| Jun 30, 2026 | 21.68% |
| Mar 31, 2026 | 17.46% |
| Dec 31, 2025 | 16.00% |
| Sep 30, 2025 | 15.38% |
| Jun 30, 2025 | 15.46% |
| Mar 31, 2025 | 13.50% |
| Dec 31, 2024 | 11.61% |
| Sep 30, 2024 | 12.91% |
| Jun 30, 2024 | 16.76% |
| Mar 31, 2024 | 23.10% |
| Dec 31, 2023 | 18.09% |
| Sep 30, 2023 | 19.15% |
| Jun 30, 2023 | 26.65% |
| Mar 31, 2023 | 17.74% |
| Dec 31, 2022 | 12.04% |
| Sep 30, 2022 | 19.40% |
| Jun 30, 2022 | 31.07% |
| Mar 31, 2022 | 30.68% |
| Dec 31, 2021 | 37.19% |
API Access
Ternium Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=TX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "TX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=TX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();