Ternium (TX) Interest Coverage Ratio (2009 - 2025)
Ternium's (TX) Interest Coverage Ratio stood at 10.98 in Q3 2026, up 171.8% from 4.04 a year earlier and up 3.9% from the prior quarter.
Ternium (TX) Interest Coverage Ratio (2009 - 2025) Analysis & Trends
On a TTM basis, Ternium's Interest Coverage Ratio came in at 7.67 as of Sep 30, 2026, up 181.6% year-over-year; for FY2025, it came in at 3.29, down 48.9% from FY2024.
- Annual Interest Coverage Ratio has declined for four straight years.
- Across earlier years, Interest Coverage Ratio came in at 6.44 in FY2024 (-63.3%), 17.53 in FY2023 (-69.6%), 57.76 in FY2022 (-70.4%) and 195.25 in FY2021 (+743.7%).
- The Q3 2026 figure is the highest quarterly Interest Coverage Ratio since Q1 2024.
- On a year-over-year basis, Interest Coverage Ratio has increased for five consecutive quarters, with growth averaging 74.1% over the last eight quarters.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 451.8% in Q4 2023, against a decline of 98.9% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 10.56 (Q2 2026), 5.80 (Q1 2026) and 3.18 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Yr) |
|---|---|---|---|---|---|
| 1 | Nucor | 175.24 Bn | 165.01 Bn | 2.33 Bn | 16.11 |
| 2 | Rio Tinto | 166.15 Bn | 128.95 Bn | - | 14.06 |
| 3 | Southern Copper | 143.83 Bn | 118.64 Bn | 3.10 Bn | 16.80 |
| 4 | Rio Tinto | 137.31 Bn | 104.37 Bn | - | 14.06 |
| 5 | Newmont | 124.66 Bn | 89.98 Bn | 4.22 Bn | 12.56 |
| 6 | Ternium | 102.52 Bn | 75.29 Bn | 1.04 Bn | 3.29 |
| 7 | Agnico Eagle Mines | 95.19 Bn | 82.13 Bn | 2.15 Bn | 89.14 |
| 8 | Freeport-Mcmoran | 86.53 Bn | 83.18 Bn | 2.55 Bn | - |
| 9 | Barrick Mining | 66.50 Bn | 50.91 Bn | 2.71 Bn | 30.75 |
| 10 | ArcelorMittal | 49.98 Bn | 33.48 Bn | - | 5.12 |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 3.29 |
| Dec 31, 2024 | 6.44 |
| Dec 31, 2023 | 17.53 |
| Dec 31, 2022 | 57.76 |
| Dec 31, 2021 | 195.25 |
| Dec 31, 2020 | 23.14 |
| Dec 31, 2019 | 9.79 |
| Dec 31, 2018 | 16.07 |
| Dec 31, 2017 | 12.71 |
| Dec 31, 2016 | 12.69 |
| Dec 31, 2015 | 7.14 |
| Dec 31, 2014 | 8.96 |
| Dec 31, 2013 | 8.40 |
| Dec 31, 2012 | 6.13 |
| Dec 31, 2011 | 11.89 |
| Dec 31, 2010 | 14.65 |
| Dec 31, 2009 | 2.73 |
Ternium Interest Coverage Ratio 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=interest-coverage-ratio-annual&ticker=TX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio-annual", "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=interest-coverage-ratio-annual&ticker=TX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();