Ternium (MEX:TX) Tax Rate % : -70.32% (As of Jun. 2024)

View and export this data going back to 2006. Start your Free Trial

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 Jun. 2024 was MXN5,621 Mil. Ternium's Pre-Tax Income for the three months ended in Jun. 2024 was MXN-7,993 Mil. Therefore, Ternium's Tax Rate % for the quarter that ended in Jun. 2024 was -70.32%.

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.

* Premium members only.

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

23.78

25.14

24.24

21.52

25.32

Ternium Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Tax Rate %	Get a 7-Day Free Trial															0.70	-47.76	21.94	7.60	-70.32

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 )
	=	5676.324	/	22419.281
	=	25.32 %

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

Tax Rate %	=	Tax Expense (Q: Jun. 2024 )	/	Pre-Tax Income (Q: Jun. 2024 )
	=	5620.919	/	-7993.226
	=	-70.32 %

Ternium Tax Rate % Related Terms

Thank you for viewing the detailed overview of Ternium's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Ternium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ternium SA (MEX:TX) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

TX:USA 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, 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.