Ternium (TX) Operating Expenses (2009 - 2026)

Ternium (TX) reported Operating Expenses of -$390.3 million for Q1 2026, up 1.5% on a YoY basis from -$384.5 million in Q1 2025, and up 3.87% quarter-over-quarter from -$406.0 million in Q4 2025.

Ternium (TX) Operating Expenses (2009 - 2026) Analysis & Trends

Ternium has reported Operating Expenses for 18 years, with the latest figure at -$390.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 1.5% year-over-year to -$390.3 million; the trailing twelve-month figure through Mar 2026 stood at -$1.6 billion (up 1.27% YoY), and the FY2025 full-year result was $1.6 billion, down 2.99% from the prior year.
  • Operating Expenses for Q1 2026 stood at -$390.3 million, up from -$406.0 million in the prior quarter.
  • The five-year high for Operating Expenses was -$275.0 million in Q4 2022, with the low at -$1.5 billion in Q4 2023.
  • Historically, Operating Expenses has averaged -$429.3 million across 5 years, with a median of -$396.0 million in 2025.
  • Annual changes were most pronounced in 2023 — Operating Expenses plunged 435.27% — and 2024, when it surged 74.66%.
  • Ternium's Operating Expenses stood at -$275.0 million in 2022, then sank by 435.27% to -$1.5 billion in 2023, then surged by 74.66% to -$373.0 million in 2024, then declined by 8.85% to -$406.0 million in 2025, then grew by 3.87% to -$390.3 million in 2026.
  • The last three Operating Expenses figures came in at -$390.3 million (Q1 2026), -$406.0 million (Q4 2025), and -$396.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn -390.27 Mn
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn 378.00 Mn
3 ArcelorMittal 51.15 Bn 48.81 Bn - -
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn 175.22 Mn
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn 3.66 Bn
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn 5.14 Bn
7 Algoma Steel 2.77 Bn 2.77 Bn -92.32 -
8 National Steel 2.24 Bn -552.84 Mn 479.33 Mn -423.40 Mn
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn 71.50 Mn
10 NWPX Infrastructure 1.13 Bn 1.11 Bn 26.67 Mn 14.01 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -390.27 Mn
Dec 31, 2025 -406.00 Mn
Sep 30, 2025 -396.00 Mn
Jun 30, 2025 -403.00 Mn
Mar 31, 2025 -396.20 Mn
Dec 31, 2024 -373.00 Mn
Sep 30, 2024 -412.03 Mn
Jun 30, 2024 -434.58 Mn
Mar 31, 2024 -431.17 Mn
Dec 31, 2023 -1.47 Bn
Sep 30, 2023 -443.00 Mn
Jun 30, 2023 -304.27 Mn
Mar 31, 2023 -292.92 Mn
Dec 31, 2022 -275.00 Mn
Sep 30, 2022 -277.36 Mn
Jun 30, 2022 -310.44 Mn
Mar 31, 2022 -281.30 Mn
Dec 31, 2021 -950.00 Mn
Sep 30, 2021 -237.36 Mn
Jun 30, 2021 -244.53 Mn