Ternium S.A. (TX) Form 6-K — Aug 4, 2026

$TXForm 6-KFiled Aug 4, 2026, 4:46 PM ET0001342874-26-000044Original filing

Ternium S.A. reported second quarter 2026 net sales of $4,340 million, up 10% both sequentially and year-over-year, with net income of $465 million and Adjusted EBITDA of $717 million, up 50% quarter-over-quarter and 78% year-over-year at a 17% margin. Earnings per ADS reached $1.75 versus $1.10 in the year-ago quarter. The strength was led by improving Mexican steel market fundamentals amid more effective measures against unfairly traded imports, supportive trade defense in Brazil where the steel quota system was renewed until June 2027, and a seasonal rebound in the Southern Region.

Key figures

Eps: $1.75 per ADS (2Q26); $1.09 in 1Q26; $1.10 in 2Q25
Revenue: $4,340 million (2Q26 net sales)
Guidance: Adjusted EBITDA expected to increase in Q3 2026 vs Q2 2026 on higher shipments and improved Adjusted EBITDA margin
Net Income: $465 million (2Q26); $837 million (1H26)
Total Debt: $2.8 billion borrowings, current and non-current (June 30, 2026)
Revenue Yoy: +10% YoY in 2Q26; +5% for 1H26
Total Assets: $24,552 million (June 30, 2026)
Cash Position: $1,431 million cash and cash equivalents (June 30, 2026)
Capex: $431 million (2Q26)
Free Cash Flow: -$175 million (2Q26)
Dividends Paid: $255 million to shareholders in May 2026 (balance of 2025 dividend) plus $36 million to non-controlling interests
Adjusted Ebitda: $717 million (2Q26), +50% QoQ and +78% YoY
Steel Shipments: 3,858 thousand tons (2Q26), +4% QoQ and +4% YoY
Deferred Tax Gain: $86 million in 2Q26, mainly from Mexican Peso appreciation
Mining Shipments: 3,347 thousand tons (2Q26), +18% QoQ
Net Debt Position: $112 million net debt (June 30, 2026) vs $327 million net cash (March 31, 2026)
Operating Income: $528 million (2Q26), +82% QoQ and +165% YoY
Cash From Operations: $256 million (2Q26) after a $418 million working capital increase
Litigation Provision: $24 million charged in 2Q26 for ongoing Usiminas litigation; $599 million provision balance at June 30, 2026
Adjusted Ebitda Margin: 17% (2Q26) vs 12% (1Q26) and 10% (2Q25)
Weighted Average Shares: 1963076776
Equity Holders Net Income: $344 million (2Q26)

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