Ternium (TX) Operating Margin (2009 - 2026)
Ternium's (TX) quarterly Operating Margin came in at 12.17% in Q2 2026, up 713.0% on a YoY basis from 1.5% in Q2 2025, and up 65.15% quarter-over-quarter from 7.37% in Q1 2026.
Analysis
Ternium (TX) Operating Margin (2009 - 2026) Analysis & Trends
Ternium (TX) has reported Operating Margin for 18 consecutive years, with 12.17% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin rose 713.0% year-over-year to 12.17%; the trailing twelve-month figure through Jun 2026 stood at 7.45% (up 407.0% YoY), and the FY2025 full-year result was 4.52%, down 264.0% from the prior year.
- Operating Margin advanced to 12.17% in Q2 2026 per TX's latest filing, from 7.37% in the prior quarter.
- Across five years, Operating Margin topped out at 80.0% in Q4 2023 and bottomed at 1.09% in Q4 2024.
- Historically, Operating Margin has averaged 13.7% across 5 years, with a median of 9.04% in 2023.
- The sharpest annual moves came in 2023 and 2024: Operating Margin soared 7878 bps in 2023, then slumped 7890 bps in 2024.
- Over 5 years, Operating Margin stood at 1.22% in 2022, then surged by 6480 bps to 80.0% in 2023, then plunged by 99 bps to 1.09% in 2024, then surged by 285 bps to 4.21% in 2025, then surged by 189 bps to 12.17% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 12.17%, 7.37%, and 4.21% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 112.84 Bn | 102.94 Bn | 941.02 Mn | 12.17% |
| 2 | Nucor | 58.24 Bn | 55.55 Bn | 2.03 Bn | 15.67% |
| 3 | Steel Dynamics | 34.14 Bn | 33.55 Bn | 958.97 Mn | 11.50% |
| 4 | Gerdau | 10.23 Bn | 9.16 Bn | 558.98 Mn | 17.67% |
| 5 | Commercial Metals | 7.39 Bn | 6.83 Bn | 455.14 Mn | -74.07% |
| 6 | Cleveland-Cliffs | 6.75 Bn | 6.68 Bn | 132.00 Mn | -0.94% |
| 7 | Posco Holdings | 4.67 Bn | -5.01 Bn | 1.11 Bn | 4.25% |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.41 Bn | 2.86 Bn | - | - |
| 9 | National Steel | 1.82 Bn | -1.00 Bn | 579.08 Mn | 3.07% |
| 10 | SunCoke Energy | 866.00 Mn | 823.30 Mn | 100.40 Mn | 6.10% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.17% |
| Mar 31, 2026 | 7.37% |
| Dec 31, 2025 | 4.21% |
| Sep 30, 2025 | 5.44% |
| Jun 30, 2025 | 5.05% |
| Mar 31, 2025 | 3.35% |
| Dec 31, 2024 | 1.09% |
| Sep 30, 2024 | 3.92% |
| Jun 30, 2024 | 8.21% |
| Mar 31, 2024 | 14.12% |
| Dec 31, 2023 | 80.00% |
| Sep 30, 2023 | 10.17% |
| Jun 30, 2023 | 18.90% |
| Mar 31, 2023 | 9.86% |
| Dec 31, 2022 | 1.22% |
| Sep 30, 2022 | 12.76% |
| Jun 30, 2022 | 24.14% |
| Mar 31, 2022 | 24.60% |
| Dec 31, 2021 | 31.38% |
| Sep 30, 2021 | 37.79% |