Ternium (Ternium) COGS-to-Revenue : 0.77 (As of Mar. 2024)

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What is Ternium COGS-to-Revenue?

Ternium's Cost of Goods Sold for the three months ended in Mar. 2024 was $3,675 Mil. Its Revenue for the three months ended in Mar. 2024 was $4,778 Mil.

Ternium's COGS to Revenue for the three months ended in Mar. 2024 was 0.77.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Ternium's Gross Margin % for the three months ended in Mar. 2024 was 23.10%.

Ternium COGS-to-Revenue Historical Data

The historical data trend for Ternium's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ternium COGS-to-Revenue Chart

Ternium Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.83

0.81

0.61

0.76

0.80

Ternium Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.82	0.73	0.81	0.82	0.77

Ternium COGS-to-Revenue Calculation

Ternium's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	14050.737	/	17610.092
	=	0.80

Ternium's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3674.744	/	4778.297
	=	0.77

Ternium (NYSE:TX) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Ternium's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	3674.744 / 4778.297
	=	23.10 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Ternium COGS-to-Revenue Related Terms

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Ternium (Ternium) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ternium SA (NYSE:TX) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

TX:Mexico T5Z:Germany T5Z:Germany TXSA34:Brazil TXR:Argentina

Address

26 Boulevard Royal, 4th Floor, Luxembourg, LUX, L-2449

Website

https://www.ternium.com

Ternium SA is a flat steel producer operating in Mexico, Brazil, Argentina, Colombia, the southern United States, and Central America. It produces finished and semi-finished steel products and iron ore, which are sold either directly to steel manufacturers and steel processors or end-users. The company operates in two segments: Steel and Mining. In its steel segment, the company produces slabs, billets & round bars, hot-rolled coils & sheets, bars & stirrups, wire rods, steel pipes, and other products. The Mining segment sells iron ore as concentrates (fines) and pellets. The vast majority of its revenue comes from the steel segment. Its geographical segments are Mexico, the Southern region, and Brazil & Other markets.