Ternium (NYSE:TX) filed its annual report on Form 20-F for the year ended December 31, 2025 with the U.S. Securities and Exchange Commission on March 31, 2026.
The annual report is available for download on the SEC website and on Ternium's Investors section at www.ternium.com for investor review.
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News Market Reaction – TX
+1.47%
1 alert
+1.47%News Effect
On the day this news was published, TX gained 1.47%, reflecting a mild positive market reaction.
Q3 2025 showed net loss with large Usiminas tax asset write-down and provisions.
Pattern Detected
Recent news, including earnings and M&A, has more often seen positive or modest reactions, with a notable negative move only on weaker Q3 2025 results.
Recent Company History
Over the last six months, Ternium has combined heavy investment with corporate actions and shareholder returns. Q3 and Q4 2025 results showed $1.5 billion FY 2025 Adjusted EBITDA and significant Pesquería capex, alongside dividends totaling $2.70 per ADS. The Usiminas acquisition steps on Nov 5, 2025 and Feb 10, 2026 increased control, while a May 12, 2026 AGM was announced. Today’s Form 20-F filing aligns with this ongoing disclosure of 2025 performance.
Market Pulse Summary
This announcement formalizes Ternium’s 2025 results in a Form 20-F, consolidating previously release...
Analysis
This announcement formalizes Ternium’s 2025 results in a Form 20-F, consolidating previously released data, including $1.5 billion Adjusted EBITDA, significant Pesquería investments, and an annual dividend of $2.70 per ADS. Investors may contextualize these figures with earlier 6-Ks that highlighted lower net sales, negative free cash flow of $(187) million, and strong net cash of $712 million. Key items to watch include capex trends, Usiminas-related tax effects, and future profitability and cash generation.
Key Terms
form 20-f, u.s. securities and exchange commission, ads, adjusted ebitda, +3 more
7 terms
form 20-fregulatory
"announced that it has filed its annual report on Form 20-F, for the year"
Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.
u.s. securities and exchange commissionregulatory
"with the U.S. Securities and Exchange Commission (SEC)."
The U.S. Securities and Exchange Commission is a government agency responsible for overseeing the stock market and protecting investors. It sets rules to ensure that companies share truthful information and that trading is fair, helping to maintain trust in the financial system. This oversight is important because it helps prevent fraud and ensures that investors can make informed decisions.
adsfinancial
"The board proposed an annual dividend of $2.70 per ADS (~6% yield)."
Ads are paid promotional messages a company places across media — online, on TV, in print, or on social platforms — to attract customers, explain products, or shape public perception. For investors, ads matter because they drive sales growth, affect how much a company must spend to win customers, and influence brand strength and long-term value. Ads can also create regulatory or reputational risk if claims are misleading, which can affect profits and stock price.
adjusted ebitdafinancial
"reported Q4 2025 Adjusted EBITDA of $395 million and FY 2025 Adjusted EBITDA"
Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.
deferred tax assetsfinancial
"included a $405M write-down of deferred tax assets at Usiminas"
An item on a company’s balance sheet showing tax benefits it can use later to reduce future tax bills — think of it as an IOU from the tax system for past losses or timing differences. It matters to investors because it can boost future cash flow and apparent value if the company expects profits ahead, but those benefits vanish if the company cannot generate taxable income and the asset must be reduced.
form 6-kregulatory
"Ternium S.A. filed a Form 6-K to share a press release announcing"
A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.
form 3regulatory
"filed an initial ownership report on Form 3."
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
AI-generated analysis. Not financial advice.
LUXEMBOURG / ACCESS Newswire / March 31, 2026 / Ternium S.A. (NYSE:TX) announced that it has filed its annual report on Form 20-F, for the year ended December 31, 2025, with the U.S. Securities and Exchange Commission (SEC). The annual report can be downloaded from the SEC's website at www.sec.gov and from Ternium's website at www.ternium.com, in the Investors section.
Forward Looking Statements
Some of the statements contained in this press release are "forward-looking statements". Forward-looking statements are based on management's current views and assumptions and involve known and unknown risks that could cause actual results, performance or events to differ materially from those expressed or implied by those statements. These risks include but are not limited to risks arising from uncertainties as to gross domestic product, related market demand, global production capacity, tariffs, cyclicality in the industries that purchase steel products and other factors beyond Ternium's control.
About Ternium
Ternium is a leading steel producer in the Americas, providing advanced steel products to a wide range of manufacturing industries and the construction sector. We invest in low carbon emissions steelmaking technologies to support the energy transition and the mobility of the future. We also support the development of our communities, especially through educational programs in Latin America. More information about Ternium is available at www.ternium.com.
Ternium filed its annual report on Form 20-F for the year ended December 31, 2025, on March 31, 2026. According to Ternium, the filing is available on the SEC website and the company's Investors section for download and investor review.
Where can investors download Ternium's (TX) 2025 Form 20-F?
Investors can download Ternium's 2025 Form 20-F from the SEC website and Ternium's investor site. According to Ternium, the report is posted at www.sec.gov and www.ternium.com in the Investors section for public access.
Does Ternium's (TX) 20-F filing include audited financial statements?
The announcement does not specify whether audited financial statements are included in the Form 20-F filing. According to Ternium, investors should review the full Form 20-F on the SEC or company website for detailed financial and audit disclosures.
How should shareholders use Ternium's (TX) newly filed 20-F?
The filing is a regulatory disclosure intended for investor review and does not announce immediate corporate actions. According to Ternium, shareholders should read the Form 20-F on the SEC or company website for detailed financial information before making decisions.
When did Ternium (TX) file its 2025 Form 20-F and what period does it cover?
Ternium filed its 2025 Form 20-F with the SEC on March 31, 2026, covering the year ended December 31, 2025. According to Ternium, the annual report is accessible on the SEC site and the company's Investors page for download and review.
