What happened
Ternium S.A. ( NYSE: TX ) more than doubled nine-month operating income to $1.40 billion from $546.45 million a year earlier.
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In the unaudited statements for the nine months ended Sept. 30, net sales rose to $12.92 billion from $11.83 billion a year earlier. Profit for the period reached $1.20 billion against $131.78 million, and earnings per share attributable to shareholders were $0.43 against $0.15.
Profit before income tax rose to $1.35 billion from $493.66 million. Income tax expense fell to $144.88 million from $361.88 million.
Key numbers
Metric Latest Change Source
Operating income, nine months $1.40 billion from $546.45 million SEC 6-K
Net sales, nine months $12.92 billion from $11.83 billion, +9.2% Calculated from SEC 6-K
Profit for the period, nine months $1.20 billion from $131.78 million SEC 6-K
Net cash from operating activities, nine months $1.09 billion from $1.79 billion, -39.2% Calculated from SEC 6-K
Usiminas litigation provision, Sept. 30, 2026 $619.10 million SEC 6-K
Why it matters
The profit rebound did not carry into cash. OptimistFi calculates that operating margin rose to 10.8% from 4.6%. By its calculation, net cash from operating...