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Stock Comparison

TX vs MT

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
TX
Ternium S.A.

Steel

Basic MaterialsNYSE • LU
Market Cap$8.67B
5Y Perf.+177.9%
MT
ArcelorMittal S.A.

Steel

Basic MaterialsNYSE • LU
Market Cap$44.28B
5Y Perf.+504.8%

TX vs MT — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
TX logoTX
MT logoMT
IndustrySteelSteel
Market Cap$8.67B$44.28B
Revenue (TTM)$15.58B$61.35B
Net Income (TTM)$424M$3.15B
Gross Margin14.7%54.6%
Operating Margin4.5%5.9%
Forward P/E10.8x12.6x
Total Debt$2.61B$13.41B
Cash & Equiv.$1.53B$5.48B

TX vs MTLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

TX
MT
StockMay 20May 26Return
Ternium S.A. (TX)100277.9+177.9%
ArcelorMittal S.A. (MT)100604.8+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.

Bottom line: MT leads in 4 of 7 categories, making it the strongest pick for growth and revenue expansion and profitability and margin quality. Ternium S.A. is the stronger pick specifically for valuation and capital efficiency and capital preservation and lower volatility. As sector peers, any of these can serve as alternatives in the same allocation.
TX
Ternium S.A.
The Income Pick

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
Best for: income & stability and growth exposure
MT
ArcelorMittal S.A.
The Long-Run Compounder

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%
Best for: long-term compounding
See the full category breakdown
CategoryWinnerWhy
GrowthMT logoMT-1.7% revenue growth vs TX's -11.6%
ValueTX logoTXLower P/E (10.8x vs 12.6x)
Quality / MarginsMT logoMT5.1% margin vs TX's 2.7%
Stability / SafetyTX logoTXBeta 0.80 vs MT's 1.70, lower leverage
DividendsTX logoTX6.1% yield, vs MT's 0.9%
Momentum (1Y)MT logoMT+94.1% vs TX's +57.9%
Efficiency (ROA)MT logoMT3.3% 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

TXTernium S.A.
FY 2025
Hot rolled
41.3%$6.4B
Coated
34.1%$5.3B
Cold rolled
15.2%$2.4B
Other products
5.6%$874M
Roll-formed and tubular
3.3%$507M
Slabs
0.5%$80M
MTArcelorMittal S.A.
FY 2025
Flat products
55.5%$34.1B
Long products
20.3%$12.5B
Other products
18.6%$11.4B
Tubular products
3.1%$1.9B
Mining products
2.5%$1.5B

TX vs MT — Financial Metrics

Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLMTLAGGINGTX

Income & Cash Flow (Last 12 Months)

MT leads this category, winning 6 of 6 comparable metrics.

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.

MetricTX logoTXTernium S.A.MT logoMTArcelorMittal S.A.
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%
MT leads this category, winning 6 of 6 comparable metrics.

Valuation Metrics

TX leads this category, winning 4 of 5 comparable 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.

MetricTX logoTXTernium S.A.MT logoMTArcelorMittal S.A.
Market CapShares × price$8.7B$44.3B
Enterprise ValueMkt cap + debt − cash$9.7B$52.2B
Trailing P/EPrice ÷ TTM EPS20.07x14.16x
Forward P/EPrice ÷ next-FY EPS est.10.78x12.62x
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple6.95x7.94x
Price / SalesMarket cap ÷ Revenue0.56x0.72x
Price / BookPrice ÷ Book value/share0.54x0.79x
Price / FCFMarket cap ÷ FCF94.02x
TX leads this category, winning 4 of 5 comparable metrics.

Profitability & Efficiency

MT leads this category, winning 6 of 9 comparable metrics.

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.

MetricTX logoTXTernium S.A.MT logoMTArcelorMittal S.A.
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 0–957
Debt / EquityFinancial leverage0.16x0.24x
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 expense3.39x13.28x
MT leads this category, winning 6 of 9 comparable metrics.

Total Returns (Dividends Reinvested)

MT leads this category, winning 6 of 6 comparable metrics.

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.

MetricTX logoTXTernium S.A.MT logoMTArcelorMittal S.A.
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%
MT leads this category, winning 6 of 6 comparable metrics.

Risk & Volatility

TX leads this category, winning 2 of 2 comparable metrics.

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.

MetricTX logoTXTernium S.A.MT logoMTArcelorMittal S.A.
Beta (5Y)Sensitivity to S&P 5000.80x1.70x
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 0–10054.042.7
Avg Volume (50D)Average daily shares traded189K1.8M
TX leads this category, winning 2 of 2 comparable metrics.

Analyst Outlook

Evenly matched — TX and MT each lead in 1 of 2 comparable metrics.

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%.

MetricTX logoTXTernium S.A.MT logoMTArcelorMittal S.A.
Analyst RatingConsensus buy/hold/sellBuyBuy
Price TargetConsensus 12-month target$41.33$54.50
# AnalystsCovering analysts1644
Dividend YieldAnnual dividend ÷ price+6.1%+0.9%
Dividend StreakConsecutive years of raises05
Dividend / ShareAnnual DPS$2.70$0.55
Buyback YieldShare repurchases ÷ mkt cap0.0%+0.6%
Evenly matched — TX and MT each lead in 1 of 2 comparable metrics.
Key Takeaway

MT leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). TX leads in 2 (Valuation Metrics, Risk & Volatility). 1 tied.

Best OverallArcelorMittal S.A. (MT)Leads 3 of 6 categories
Loading custom metrics...

TX vs MT: Frequently Asked Questions

10 questions · data-driven answers · updated daily

01

Is 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.

02

Which 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.

03

Which 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.

04

Which 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.

05

Which 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.

06

Which 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.

07

Is 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.

08

Which 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).

09

Is 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.

10

What 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.

Find Stocks Like These

Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform both.

Stocks Like

TX

Income & Dividend Stock

  • Sector: Basic Materials
  • Market Cap > $100B
  • Dividend Yield > 2.4%
Run This Screen
Stocks Like

MT

Stable Dividend Mega-Cap

  • Sector: Basic Materials
  • Market Cap > $100B
  • Net Margin > 5%
  • Dividend Yield > 0.5%
Run This Screen
Custom Screen

Beat Both

Find stocks that outperform TX and MT on the metrics below

Revenue Growth>
%
(TX: -3.4% · MT: 1.7%)
Net Margin>
%
(TX: 2.7% · MT: 5.1%)
P/E Ratio<
x
(TX: 20.1x · MT: 14.2x)

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