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Ternium (BSP:TXSA34) Tax Rate % : 60.64% (As of Sep. 2024)


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What is Ternium Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ternium's Tax Expense for the three months ended in Sep. 2024 was R$791 Mil. Ternium's Pre-Tax Income for the three months ended in Sep. 2024 was R$1,304 Mil. Therefore, Ternium's Tax Rate % for the quarter that ended in Sep. 2024 was 60.64%.

Ternium Tax Rate % Historical Data

The historical data trend for Ternium's Tax Rate % 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 Tax Rate % Chart

Ternium Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.78 25.14 24.24 21.52 25.32

Ternium Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -47.76 21.94 7.60 -70.32 60.64

Ternium Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Ternium's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=1638.532/6471.568
=25.32 %

Ternium's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=790.809/1304.191
=60.64 %

* 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.

Ternium Tax Rate % Related Terms

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Ternium Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ternium SA (BSP:TXSA34) » Definitions » Tax Rate %
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Traded in Other Exchanges
TX:USA TX:Mexico T5Z:Germany T5Z:Germany 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, Usiminas 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 Usiminas segment include iron ore extraction, steel transformation, production of capital goods and logistics. The vast majority of its revenue comes from the steel segment and geographically from Mexico.

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