Ternium S.A. SEC Filings

Ternium S.A. reported strong Q2 2026 results, with net sales of $4,340 million, up 10% year over year, and operating income of $528 million. Adjusted EBITDA rose to $717 million with a 17% margin, while net income reached $465 million; equity holders’ net income was $344 million, or $1.75 per ADS.

Steel shipments were 3.9 million tons and mining shipments 3.3 million tons, both modestly above the prior year. Cash from operations was $256 million, but capital expenditures of $431 million and cash dividends of $291 million contributed to negative free cash flow of $175 million and a net debt position of $112 million at June 30, 2026.

Ternium S.A., a Luxembourg-based foreign private issuer, has submitted a Form 6-K to the U.S. Securities and Exchange Commission. The filing furnishes the company’s Sustainability Report 2025 under Rule 13a-16 of the Securities Exchange Act of 1934. The company indicates it files its annual reports on Form 20-F and is not relying on Rule 12g3-2(b) for disclosure.

Ternium S.A. filed a report highlighting the release of its Sustainability Report 2025, which outlines performance, strategy and governance across key ESG areas. The company consolidated Usiminas into its decarbonization target and aims to cut CO₂ equivalent emissions intensity per ton of hot-rolled steel equivalent by 15% by 2030, covering Scope 1, 2 and selected Scope 3 emissions.

Key initiatives include the Vientos de Olavarría wind farm in Argentina, which generated 434 GWh and replaced about 90% of Ternium Argentina’s prior grid electricity purchases, and the ongoing construction of a new DRI-EAF steel shop in Pesquería, Mexico, expected to start operations in early 2027. Solar power at the Ipatinga facility lifted renewable sources to roughly 20% of purchased electricity.

In 2025, Ternium invested $93 million in environmental, decarbonization and energy-efficiency projects and $102 million in occupational health and safety. It also expanded its Roberto Rocca Technical Schools in Brazil and Mexico, reporting strong student enrollment and a 95% curriculum completion rate. The report is aligned with ESRS, GRI, SASB, World Steel Association guidelines, TCFD recommendations and references contributions to the UN Sustainable Development Goals.

Ternium S.A. reported that shareholders at its annual general meeting approved all resolutions on the agenda, including its consolidated financial statements and unconsolidated annual accounts for the year ended December 31, 2025.

Shareholders approved an annual dividend of $2.20 per ADS ($0.22 per share, which includes an interim dividend of $0.90 per ADS ($0.09 per share paid in November 2025. A net dividend of $1.30 per ADS ($0.13 per share) will be paid on May 15, 2026 to shareholders of record as of May 14, 2026.

The meeting maintained the board at eight directors and re-elected all incumbent members. It appointed PricewaterhouseCoopers Assurance as independent auditors for the fiscal year ending December 31, 2026. The board re-appointed Paolo Rocca as chairman, Daniel Agustín Novegil as vice-chairman, and Máximo Vedoya as chief executive officer, and confirmed three independent directors on the audit committee, with Vincent Robert Gilles Decalf continuing as its chair.

Ternium S.A. held its 2026 annual shareholders meeting and approved its 2025 annual report and consolidated financial statements, as well as the standalone annual accounts as of December 31, 2025.

Shareholders approved an annual cash dividend of USD 0.22 per share (USD 2.20 per ADS), including an interim dividend of USD 0.09 per share already paid, and confirmed payment of the USD 0.13 per-share balance (USD 1.30 per ADS) on May 15, 2026, for a total dividend balance of USD 255 million, net of treasury shares. The remaining 2025 profit will go to retained earnings.

The meeting discharged board members from liability for 2025, reappointed eight directors to serve until the meeting that will decide the 2026 accounts, and set director compensation for 2026, including additional fees for the chairman and Audit Committee members. PricewaterhouseCoopers was appointed independent auditor for 2026 with multi-currency fee caps. Shareholders also renewed authorization for the company and subsidiaries to repurchase its securities and allowed the board to appoint directors as attorneys-in-fact with delegated management powers.

Ternium S.A. reports stronger first-quarter 2026 results, with net sales of $3,933,963 thousand and profit of $372,390 thousand, up from $142,331 thousand a year earlier. Operating income rose to $290,074 thousand, and basic earnings per share increased to $0.11 from $0.03.

The company generated operating cash flow of $217,336 thousand and invested $405,885 thousand mainly in plant and equipment, including projects in Mexico and Brazil. It completed a $315.2 million cash purchase to raise its ownership interest in Usiminas to 37.52%.

Ternium’s board revised its proposed 2025 dividend to $0.22 per share (total $432 million), citing balance sheet prudence amid global uncertainty, including Middle East tensions. If approved, a final dividend of $0.13 per share (about $255 million) would be paid in May 2026. The company also recorded a $47,500 thousand provision for ongoing litigation related to the Usiminas acquisition and reported a total Pillar Two tax provision of $46,800 thousand.

Ternium S.A. reported solid first quarter 2026 results, with net sales of $3,934 million, essentially flat year-over-year but slightly higher than the prior quarter. Operating income rose to $290 million, reflecting better realized steel prices and lower unit costs.

Adjusted EBITDA increased to $479 million, giving a margin of 12% compared with 8% a year earlier, while net income more than doubled year-over-year to $372 million. Earnings attributable to shareholders reached $213 million, or $1.09 per ADS.

Cash from operations was $217 million, but heavy capital expenditures of $406 million and a $315 million purchase of Usiminas shares led to negative free cash flow and a lower net cash position of $0.3 billion at March 31, 2026.

Ternium S.A. reported stronger results for the first quarter of 2026 as higher steel prices lifted profitability despite softer mining volumes. Net sales were unchanged year-over-year at $3.934 billion, but operating income rose to $290 million from $132 million, helped by wider margins in the steel segment.

Adjusted EBITDA increased to $479 million, up 48% from 1Q25, with margin improving to 12% of net sales from 8%. Net income rose to $372 million, including a $132 million deferred tax gain and a $48 million litigation provision related to the Usiminas acquisition. Earnings attributable to shareholders reached $213 million, or $1.09 per ADS, up from $0.34 a year earlier.

Steel product shipments slipped 4% year-over-year to 3.7 million tons, while mining shipments fell 8% to 2.8 million tons. Cash from operations was $217 million and, after $406 million of capex and a $315 million purchase of additional Usiminas shares, Free Cash Flow was negative $189 million. Net cash decreased to $0.327 billion at March 31, 2026.

Ternium S.A. is revising its dividend proposal tied to 2025 results, cutting the planned annual dividend from USD 0.27 to USD 0.22 per share (or from USD 2.70 to USD 2.20 per ADS).

The adjusted annual dividend totals USD 432 million and includes an interim dividend of USD 0.09 per share (USD 0.90 per ADS) already paid in November 2025. If approved at the May 12, 2026 Annual General Meeting in Luxembourg, shareholders would receive a remaining Dividend Balance of USD 0.13 per share (USD 1.30 per ADS) on May 15, 2026. The company reports profit for the 2025 financial year of USD 722 million and plans to allocate remaining profit to retained earnings.