Ternium S.A. filed a Form 6-K with the SEC on November 3, 2026, furnishing a press release announcing its third quarter and first nine months of 2026 financial results, along with an interim dividend declaration.

Key Highlights

  • Adjusted EBITDA of $785 million in Q3 2026, up 10% sequentially from $717 million in Q2 2026, with an Adjusted EBITDA margin of 16.9% of net sales.
  • Net income of $368 million in Q3 2026, which the filing notes included deferred tax losses of $116 million mainly related to the depreciation of the Mexican Peso against the U.S. dollar on Ternium's Mexican subsidiaries.
  • Steel products shipments of 4.0 million tons in Q3 2026, up 5% sequentially and up 8% year over year.
  • Earnings per ADS of $1.42 in Q3 2026, based on a weighted average of 1,963,076,776 shares of common stock outstanding, net of treasury shares.
  • Interim dividend of $0.90 per ADS ($0.09 per share), or approximately $177 million in total, with a payment date of November 17, 2026, and a record date of November 16, 2026.
  • Capital expenditures of $398 million in Q3 2026, with construction of a new slab mill in Pesquería, Mexico, described as continuing to advance according to plan.
  • Net Cash position of $22 million at the end of September 2026, compared to a Net Debt position of $112 million at the end of June 2026.

Ternium's Q3 2026 Financial Results: Shipments, Margins, and Capital Activity

According to the filing, Ternium S.A. (NYSE:TX) reported consolidated net sales of $4,644 million in Q3 2026, an increase of 7% from $4,340 million in Q2 2026 and 17% above the $3,955 million recorded in Q3 2025. The Steel segment accounted for $4,529 million of Q3 2026 net sales, while the Mining segment contributed $116 million from third-party sales. For the first nine months of 2026, total net sales reached $12,919 million, compared to $11,834 million in the same period of 2025.

The filing states that Mexico was the largest contributor to steel segment results. Mexico reported Q3 2026 steel shipments of 2,181 thousand tons, up 5% sequentially and 18% year over year, with revenue per ton rising to $1,118 from $975 in Q3 2025. The filing attributes commercial market shipment growth to an ongoing upward trend, while also noting increased sales volumes to industrial customers. Brazil recorded shipments of 984 thousand tons and the Southern Region 560 thousand tons in Q3 2026. Cash provided by operating activities was $613 million in the quarter, after a $148 million increase in working capital driven by higher realized steel prices, sales volumes, and raw material and purchased slab costs.

Regarding the outlook, the filing states that Ternium anticipates Adjusted EBITDA in Q4 2026 to "remain broadly in line with the third quarter," as a modest seasonal decrease in steel shipments is expected to be offset by a slightly higher margin per ton. The filing also notes that in Brazil, Ternium expects a decline in shipments and a less favorable sales mix, while in the Southern Region shipments are expected to remain relatively stable. The filing describes the financial information as unaudited and based on IAS 34 interim financial reporting standards. Forward-looking statements in the filing are the company's own and subject to its cautionary language.

What Was Disclosed

Ternium's Form 6-K furnished Q3 and nine-month 2026 results showing $785 million in Adjusted EBITDA, $368 million in net income, and a $0.90 per ADS interim dividend payable November 17, 2026, alongside an outlook for Q4 2026 performance.