Below are the financial statements of Ternium, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net sales | 17,649.06a | 17,610.09a | 16,414.47a |
| Cost of sales | -14,760.22a | -14,050.74a | -12,487.28a |
| Gross profit | 2,888.84a | 3,559.36a | 3,927.18a |
| Selling, general and administrative expenses | -1,650.76a | -1,471.68a | -1,143.65a |
| Other operating (expense) income, net | 25.23a | 110.34a | -84.02a |
| Operating income | 1,263.31a | 2,198.01a | 2,699.52a |
| Finance expense | -196.18a | -125.38a | -46.74a |
| Finance income | 297.82a | 255.01a | 75.15a |
| Other financial (expenses) income, net | -295.86a | -6.18a | -98.54a |
| Equity in earnings of non-consolidated companies | 69.11a | 105.31a | 37.11a |
| Provision for ongoing litigation related to the acquisition of a participation in Usiminas | -410.2a | 0a | 0a |
| Effect related to the increase of the participation in Usiminas | 0a | -171.05a | 0a |
| Recycling of other comprehensive income related to Usiminas | 0a | -934.95a | 0a |
| Profit before income tax expense | 728.01a | 1,320.78a | 2,666.5a |
| Income tax expense | -554.22a | -334.41a | -573.73a |
| Profit for the year | 173.78a | 986.37a | 2,092.77a |
| Attributable to | — | — | — |
| Owners of the parent | -53.67a | 676.04a | 1,767.52a |
| Non-controlling interest | 227.45a | 310.33a | 325.26a |
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