Ternium (TX) Tax Rate (2019 - 2026)
Ternium (TX) recorded Tax Rate of -4.70% in the quarter ended Jun 30, 2026, down 72.13 percentage points from 67.43% a year earlier and down 38.03 percentage points from the prior quarter.
Ternium (TX) Tax Rate (2019 - 2026) Analysis & Trends
On a TTM basis, Ternium's Tax Rate came in at -32.58% as of Jun 30, 2026, down 19.45 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at -53.24%, up 22.89 percentage points from the prior year.
- Annual Tax Rate has a five-year change of -28.10 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, Tax Rate came in at -76.13% in the year ended Dec 31, 2024 (-50.81 pp), -25.32% in the year ended Dec 31, 2023 (-3.80 pp), -21.52% in the year ended Dec 31, 2022 (+2.72 pp) and -24.24% in the year ended Dec 31, 2021 (+0.90 pp).
- Quarterly Tax Rate has ranged from -255.17% in the quarter ended Sep 30, 2025 to 70.32% in the quarter ended Jun 30, 2024 over the past five years.
- On a year-over-year basis, Tax Rate rose in two of the last eight quarters, with an average year-over-year change of -40.04 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 401.70 percentage points in the quarter ended Sep 30, 2021, against a drop of 194.54 percentage points in the quarter ended Sep 30, 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 33.33% (quarter ended Mar 31, 2026), 10.97% (quarter ended Dec 31, 2025) and -255.17% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 152.17 Bn | 130.96 Bn | 2.90 Bn | - |
| 3 | Rio Tinto | 136.50 Bn | 97.00 Bn | - | - |
| 4 | Newmont | 121.22 Bn | 89.23 Bn | 4.03 Bn | 31.74% |
| 5 | Freeport-Mcmoran | 92.90 Bn | 76.94 Bn | 2.19 Bn | 28.19% |
| 6 | Agnico Eagle Mines | 88.76 Bn | 78.39 Bn | 2.43 Bn | 31.10% |
| 7 | Barrick Mining | 66.12 Bn | 41.32 Bn | 2.90 Bn | 27.90% |
| 8 | Nucor | 58.75 Bn | 48.13 Bn | 2.03 Bn | 21.23% |
| 9 | ArcelorMittal | 45.93 Bn | 24.95 Bn | - | - |
| 10 | Ternium | 10.86 Bn | -20.27 Bn | 941.02 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 33.33% |
| Dec 31, 2025 | 10.97% |
| Jun 30, 2025 | 67.43% |
| Mar 31, 2023 | 15.64% |
| Jun 30, 2020 | 39.24% |
| Dec 31, 2019 | 0.25% |
Ternium Tax Rate 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=tax-rate&ticker=TX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=TX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();