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TX vs MT
Revenue, margins, valuation, and 5-year total return — side by side.
Steel
TX vs MT — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Steel | Steel |
| Market Cap | $8.67B | $44.28B |
| Revenue (TTM) | $15.58B | $61.35B |
| Net Income (TTM) | $424M | $3.15B |
| Gross Margin | 14.7% | 54.6% |
| Operating Margin | 4.5% | 5.9% |
| Forward P/E | 10.8x | 12.6x |
| Total Debt | $2.61B | $13.41B |
| Cash & Equiv. | $1.53B | $5.48B |
TX vs MT — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Ternium S.A. (TX) | 100 | 277.9 | +177.9% |
| ArcelorMittal S.A. (MT) | 100 | 604.8 | +504.8% |
Price return only. Dividends and distributions are not included.
Quick Verdict: TX vs MT
Each card shows where this stock fits in a portfolio — not just who wins on paper.
TX is the clearest fit if your priority is income & stability and growth exposure.
- Dividend streak 0 yrs, beta 0.80, yield 6.1%
- Rev growth -11.6%, EPS growth 9.1%, 3Y rev CAGR -1.7%
- Lower volatility, beta 0.80, Low D/E 16.1%, current ratio 2.49x
MT carries the broadest edge in this set and is the clearest fit for long-term compounding.
- 280.9% 10Y total return vs TX's 239.9%
- -1.7% revenue growth vs TX's -11.6%
- 5.1% margin vs TX's 2.7%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | -1.7% revenue growth vs TX's -11.6% | |
| Value | Lower P/E (10.8x vs 12.6x) | |
| Quality / Margins | 5.1% margin vs TX's 2.7% | |
| Stability / Safety | Beta 0.80 vs MT's 1.70, lower leverage | |
| Dividends | 6.1% yield, vs MT's 0.9% | |
| Momentum (1Y) | +94.1% vs TX's +57.9% | |
| Efficiency (ROA) | 3.3% ROA vs TX's 1.8%, ROIC 4.5% vs 3.2% |
TX vs MT — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
TX vs MT — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
MT leads this category, winning 6 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
MT is the larger business by revenue, generating $61.4B annually — 3.9x TX's $15.6B. Profitability is closely matched — net margins range from 5.1% (MT) to 2.7% (TX). On growth, MT holds the edge at +1.7% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $15.6B | $61.4B |
| EBITDAEarnings before interest/tax | $1.5B | $6.6B |
| Net IncomeAfter-tax profit | $424M | $3.2B |
| Free Cash FlowCash after capex | -$187M | $471M |
| Gross MarginGross profit ÷ Revenue | +14.7% | +54.6% |
| Operating MarginEBIT ÷ Revenue | +4.5% | +5.9% |
| Net MarginNet income ÷ Revenue | +2.7% | +5.1% |
| FCF MarginFCF ÷ Revenue | -1.2% | +0.8% |
| Rev. Growth (YoY)Latest quarter vs prior year | -3.4% | +1.7% |
| EPS Growth (YoY)Latest quarter vs prior year | -56.6% | +145.1% |
Valuation Metrics
TX leads this category, winning 4 of 5 comparable metrics.
Valuation Metrics
At 14.2x trailing earnings, MT trades at a 29% valuation discount to TX's 20.1x P/E. On an enterprise value basis, TX's 7.0x EV/EBITDA is more attractive than MT's 7.9x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $8.7B | $44.3B |
| Enterprise ValueMkt cap + debt − cash | $9.7B | $52.2B |
| Trailing P/EPrice ÷ TTM EPS | 20.07x | 14.16x |
| Forward P/EPrice ÷ next-FY EPS est. | 10.78x | 12.62x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 6.95x | 7.94x |
| Price / SalesMarket cap ÷ Revenue | 0.56x | 0.72x |
| Price / BookPrice ÷ Book value/share | 0.54x | 0.79x |
| Price / FCFMarket cap ÷ FCF | — | 94.02x |
Profitability & Efficiency
MT leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
MT delivers a 5.7% return on equity — every $100 of shareholder capital generates $6 in annual profit, vs $3 for TX. TX carries lower financial leverage with a 0.16x debt-to-equity ratio, signaling a more conservative balance sheet compared to MT's 0.24x. On the Piotroski fundamental quality scale (0–9), MT scores 7/9 vs TX's 5/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +2.6% | +5.7% |
| ROA (TTM)Return on assets | +1.8% | +3.3% |
| ROICReturn on invested capital | +3.2% | +4.5% |
| ROCEReturn on capital employed | +3.6% | +5.1% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 7 |
| Debt / EquityFinancial leverage | 0.16x | 0.24x |
| Net DebtTotal debt minus cash | $1.1B | $7.9B |
| Cash & Equiv.Liquid assets | $1.5B | $5.5B |
| Total DebtShort + long-term debt | $2.6B | $13.4B |
| Interest CoverageEBIT ÷ Interest expense | 3.39x | 13.28x |
Total Returns (Dividends Reinvested)
MT leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in MT five years ago would be worth $19,539 today (with dividends reinvested), compared to $15,577 for TX. Over the past 12 months, MT leads with a +94.1% total return vs TX's +57.9%. The 3-year compound annual growth rate (CAGR) favors MT at 30.1% vs TX's 9.1% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +12.9% | +23.6% |
| 1-Year ReturnPast 12 months | +57.9% | +94.1% |
| 3-Year ReturnCumulative with dividends | +30.0% | +120.0% |
| 5-Year ReturnCumulative with dividends | +55.8% | +95.4% |
| 10-Year ReturnCumulative with dividends | +239.9% | +280.9% |
| CAGR (3Y)Annualised 3-year return | +9.1% | +30.1% |
Risk & Volatility
TX leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
TX is the less volatile stock with a 0.80 beta — it tends to amplify market swings less than MT's 1.70 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. TX currently trades 96.9% from its 52-week high vs MT's 86.1% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.80x | 1.70x |
| 52-Week HighHighest price in past year | $45.57 | $67.60 |
| 52-Week LowLowest price in past year | $27.12 | $29.62 |
| % of 52W HighCurrent price vs 52-week peak | +96.9% | +86.1% |
| RSI (14)Momentum oscillator 0–100 | 54.0 | 42.7 |
| Avg Volume (50D)Average daily shares traded | 189K | 1.8M |
Analyst Outlook
Evenly matched — TX and MT each lead in 1 of 2 comparable metrics.
Analyst Outlook
Wall Street rates TX as "Buy" and MT as "Buy". Consensus price targets imply -6.3% upside for MT (target: $55) vs -6.4% for TX (target: $41). For income investors, TX offers the higher dividend yield at 6.11% vs MT's 0.94%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $41.33 | $54.50 |
| # AnalystsCovering analysts | 16 | 44 |
| Dividend YieldAnnual dividend ÷ price | +6.1% | +0.9% |
| Dividend StreakConsecutive years of raises | 0 | 5 |
| Dividend / ShareAnnual DPS | $2.70 | $0.55 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +0.6% |
MT leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). TX leads in 2 (Valuation Metrics, Risk & Volatility). 1 tied.
TX vs MT: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is TX or MT a better buy right now?
For growth investors, ArcelorMittal S.
A. (MT) is the stronger pick with -1. 7% revenue growth year-over-year, versus -11. 6% for Ternium S. A. (TX). ArcelorMittal S. A. (MT) offers the better valuation at 14. 2x trailing P/E (12. 6x forward), making it the more compelling value choice. Analysts rate Ternium S. A. (TX) a "Buy" — based on 16 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — TX or MT?
On trailing P/E, ArcelorMittal S.
A. (MT) is the cheapest at 14. 2x versus Ternium S. A. at 20. 1x. On forward P/E, Ternium S. A. is actually cheaper at 10. 8x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — TX or MT?
Over the past 5 years, ArcelorMittal S.
A. (MT) delivered a total return of +95. 4%, compared to +55. 8% for Ternium S. A. (TX). Over 10 years, the gap is even starker: MT returned +280. 9% versus TX's +239. 9%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — TX or MT?
By beta (market sensitivity over 5 years), Ternium S.
A. (TX) is the lower-risk stock at 0. 80β versus ArcelorMittal S. A. 's 1. 70β — meaning MT is approximately 112% more volatile than TX relative to the S&P 500. On balance sheet safety, Ternium S. A. (TX) carries a lower debt/equity ratio of 16% versus 24% for ArcelorMittal S. A. — giving it more financial flexibility in a downturn.
05Which is growing faster — TX or MT?
By revenue growth (latest reported year), ArcelorMittal S.
A. (MT) is pulling ahead at -1. 7% versus -11. 6% for Ternium S. A. (TX). On earnings-per-share growth, the picture is similar: Ternium S. A. grew EPS 914. 8% year-over-year, compared to 143. 2% for ArcelorMittal S. A.. Over a 3-year CAGR, TX leads at -1. 7% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — TX or MT?
ArcelorMittal S.
A. (MT) is the more profitable company, earning 5. 1% net margin versus 2. 7% for Ternium S. A. — meaning it keeps 5. 1% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: MT leads at 5. 9% versus 4. 5% for TX. At the gross margin level — before operating expenses — TX leads at 15. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is TX or MT more undervalued right now?
On forward earnings alone, Ternium S.
A. (TX) trades at 10. 8x forward P/E versus 12. 6x for ArcelorMittal S. A. — 1. 8x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for MT: -6. 3% to $54. 50.
08Which pays a better dividend — TX or MT?
All stocks in this comparison pay dividends.
Ternium S. A. (TX) offers the highest yield at 6. 1%, versus 0. 9% for ArcelorMittal S. A. (MT).
09Is TX or MT better for a retirement portfolio?
For long-horizon retirement investors, Ternium S.
A. (TX) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 80), 6. 1% yield, +239. 9% 10Y return). ArcelorMittal S. A. (MT) carries a higher beta of 1. 70 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (TX: +239. 9%, MT: +280. 9%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between TX and MT?
Both stocks operate in the Basic Materials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: TX is a small-cap income-oriented stock; MT is a mid-cap deep-value stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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