Ternium Q2 Earnings Surge: Net Income Up 80% to $465M, EBITDA Jumps 78%
TX sits 65% above its 52-week low of $30.44 on elevated volume (2.0× avg).
Summary
Ternium reported Q2 2026 net income of $465 million, up 80% YoY, on sales of $4.34 billion. Adjusted EBITDA rose 78% to $717 million, with a 17% margin. The company guided for higher Q3 EBITDA on improving shipments and margins.
Key Events · Earnings and Guidance · TX
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Net Income Nearly Doubles
Q2 2026 net income reached $465 million, an 80% increase from $259 million in Q2 2025, driven by higher sales volumes and better pricing.
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Adjusted EBITDA Jumps 78%
Adjusted EBITDA rose to $717 million, up from $403 million a year ago, with the margin expanding to 17% from 10%.
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Revenue Growth Across Regions
Net sales increased 10% to $4.34 billion, led by a 25% surge in Mexico to $2.22 billion, reflecting strong commercial market demand.
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Positive Q3 Outlook
Management expects Q3 2026 Adjusted EBITDA to increase sequentially, with higher shipments and an improved margin, supported by ongoing recovery in Mexico.
Analysis · TX · Manufacturing
A standout quarter saw net income nearly double year-over-year to $465 million, while adjusted EBITDA climbed 78% to $717 million. Stronger steel shipments in Mexico, higher realized prices, and improved margins fueled the gains. Looking ahead, the company offered an upbeat Q3 outlook, projecting further growth in both shipments and margins. Delivered near a 52-week high, this performance reinforces the steel sector's recovery narrative and validates the company's strategic positioning in the Mexican market.
At the time of this filing, TX was trading at $50.34 on NYSE in the Manufacturing sector, with a market capitalization of approximately $9.8B. The 52-week trading range was $30.44 to $51.73. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.