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TX · NYSE · United States · Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
In shortTernium S.A. is profitable, burns cash and holds more cash than debt, with revenue shrinking (−11.6% last year).
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 4.5% | 32/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 2.7% | 31/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 3.6% | 18/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 3.9% | 26/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 2.49× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.20× | 100/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 3.29× | 17/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | – | n/a |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -2.2% | 11/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | -0.81× | 0/100 |
| Years with positive free cash flow (last 5) | 4 of 5 | 75/100 |
Weight in the score: 20%
| Profitable years (last 5) | 4 of 5 | 80/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 38.5% | 0/100 |
| Operating margin volatility | 11.1% | 8/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -1.7% | 7/100 |
|---|---|---|
| EPS growth, 3-year average | -37.5% | 0/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 16,091 | 16,414 | 17,610 | 17,649 | 15,609 |
| Cost of revenue | 9,895 | 12,487 | 14,051 | 14,760 | 13,256 |
| Gross profit | 6,196 | 3,927 | 3,559 | 2,889 | 2,353 |
| Research & development | 9.8 | 16 | 19 | 24 | 22 |
| Selling, general & admin | 950 | 1,144 | 1,472 | 1,651 | 1,601 |
| Operating income | 5,271 | 2,700 | 2,198 | 1,263 | 705 |
| Interest expense | 27 | 47 | 125 | 196 | 214 |
| Pre-tax income | 5,764 | 2,667 | 1,321 | 728 | 648 |
| Income tax | 1,397 | 574 | 334 | 554 | 345 |
| Net income | 3,825 | 1,768 | 676 | (54) | 425 |
| Diluted EPS | $1.95 | $0.90 | $0.34 | −$0.03 | $0.22 |
| Diluted shares (millions) | 1,963 | 1,963 | 1,963 | 1,963 | 1,963 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
Not computed: a required balance-sheet item is missing.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Mar 31, 2026