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| Date | Value |
|---|---|
| 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 |