TEX · Terex Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $5.42B | $5.13B | $5.15B | $4.42B | $3.89B | $3.08B |
| Cost of Revenue | $4.37B | $4.06B | $3.97B | $3.55B | $3.13B | $2.54B |
| Gross Profit | $1.05B | $1.07B | $1.18B | $871.20M | $757.40M | $539.30M |
| R&D | $39.00M | $25.00M | $66.70M | $55.80M | $52.20M | $58.90M |
| SG&A | $576.00M | $542.00M | $540.10M | $451.20M | $429.40M | $470.90M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $157.00M | $82.00M | $56.40M | $47.20M | $50.20M | $49.70M |
| Operating Income | $475.00M | $526.00M | $636.50M | $420.00M | $328.00M | $68.40M |
| Interest Expense | $177.00M | $89.00M | $63.30M | $49.10M | $51.50M | $65.90M |
| Income Tax | $71.00M | $73.00M | $63.00M | $66.40M | $46.30M | $2.00M |
| Net Income | $221.00M | $335.00M | $518.00M | $300.00M | $220.90M | ($10.60M) |
| EPS - Basic | $3.36 | $5.00 | $7.67 | $4.38 | $3.17 | ($0.15) |
| EPS - Diluted | $3.33 | $4.96 | $7.58 | $4.32 | $3.12 | ($0.15) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $772.00M | $388.00M | $370.70M | $304.10M | $266.90M | $665.00M |
| Accounts Receivable | $712.00M | $643.00M | $547.80M | $547.50M | $507.70M | $381.20M |
| Inventory | $1.11B | $1.15B | $1.19B | $988.40M | $813.50M | $610.40M |
| Accounts Payable | $683.00M | $580.00M | $702.60M | $624.60M | $537.70M | $369.90M |
| Current Assets | $2.73B | $2.32B | $2.25B | $1.96B | $1.77B | $1.88B |
| Total Assets | $6.14B | $5.73B | $3.62B | $3.12B | $2.86B | $3.03B |
| Current Liabilities | $1.19B | $1.07B | $1.12B | $998.60M | $909.90M | $723.30M |
| Long-term Debt | $2.59B | $2.60B | $600.50M | $777.30M | $670.60M | $1.17B |
| Total Liabilities | $4.04B | $3.90B | $1.94B | $1.94B | $1.75B | $2.11B |
| Stockholders' Equity | $2.10B | $1.83B | $1.67B | $1.18B | $1.11B | $921.50M |
| Retained Earnings | $2.14B | $1.96B | $1.67B | $1.20B | $936.90M | $750.30M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $440.00M | $326.00M | $459.30M | $261.20M | $293.40M | $225.40M |
| Investing Cash Flow | $32.00M | ($2.13B) | ($114.40M) | ($154.10M) | ($102.20M) | ($38.50M) |
| Financing Cash Flow | ($123.00M) | $1.84B | ($287.80M) | ($54.90M) | ($580.10M) | ($82.80M) |
| CapEx | $118.00M | $137.00M | $127.20M | $109.60M | $59.70M | $64.50M |
| Free Cash Flow | $322.00M | $189.00M | $332.10M | $151.60M | $233.70M | $160.90M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 19.4% | 20.8% | 22.8% | 19.7% | 19.5% | 17.5% |
| Operating margin | 8.8% | 10.3% | 12.4% | 9.5% | 8.4% | 2.2% |
| EBITDA margin | 11.7% | 11.9% | 13.5% | 10.6% | 9.7% | 3.8% |
| Net margin | 4.1% | 6.5% | 10.1% | 6.8% | 5.7% | -0.3% |
| Free cash flow margin | 5.9% | 3.7% | 6.4% | 3.4% | 6.0% | 5.2% |
| FCF / Net income | 1.46 | 0.56 | 0.64 | 0.51 | 1.06 | -15.18 |
| R&D / Revenue | 0.7% | 0.5% | 1.3% | 1.3% | 1.3% | 1.9% |
| SG&A / Revenue | 10.6% | 10.6% | 10.5% | 10.2% | 11.0% | 15.3% |
| Effective tax rate | 24.3% | 17.9% | 10.8% | 18.1% | 17.3% | - |
| Return on assets | 3.6% | 5.8% | 14.3% | 9.6% | 7.7% | -0.3% |
| Return on equity | 10.5% | 18.3% | 31.0% | 25.4% | 19.9% | -1.2% |
| Return on invested capital | 7.7% | 9.7% | 25.0% | 17.6% | 15.2% | 2.6% |
| Liquidity | ||||||
| Current ratio | 2.30 | 2.16 | 2.01 | 1.96 | 1.94 | 2.60 |
| Quick ratio | 1.36 | 1.09 | 0.95 | 0.97 | 1.05 | 1.75 |
| Cash ratio | 0.65 | 0.36 | 0.33 | 0.30 | 0.29 | 0.92 |
| Leverage | ||||||
| Debt / Equity | 1.24 | 1.42 | 0.36 | 0.66 | 0.60 | 1.27 |
| Debt / Assets | 0.42 | 0.45 | 0.17 | 0.25 | 0.23 | 0.39 |
| Debt / EBITDA | 4.10 | 4.28 | 0.87 | 1.66 | 1.77 | 9.90 |
| Interest coverage | 2.7x | 5.9x | 10.1x | 8.6x | 6.4x | 1.0x |
| Equity multiplier | 2.93 | 3.13 | 2.16 | 2.64 | 2.58 | 3.29 |
| Liabilities / Assets | 0.66 | 0.68 | 0.54 | 0.62 | 0.61 | 0.70 |
| Efficiency | ||||||
| Asset turnover | 0.88 | 0.89 | 1.42 | 1.42 | 1.36 | 1.01 |
| Inventory turnover | 3.94 | 3.54 | 3.35 | 3.59 | 3.85 | 4.16 |
| Days sales outstanding | 48d | 46d | 39d | 45d | 48d | 45d |
| Days inventory outstanding | 93d | 103d | 109d | 102d | 95d | 88d |
| Days payable outstanding | 57d | 52d | 65d | 64d | 63d | 53d |
| Cash conversion cycle | 84d | 97d | 83d | 83d | 80d | 80d |
| Valuation | ||||||
| P / E | 16.0x | 9.3x | 7.6x | 9.9x | 14.1x | - |
| P / B | 1.7x | 1.7x | 2.3x | 2.5x | 2.8x | 2.7x |
| P / S | 0.7x | 0.6x | 0.8x | 0.7x | 0.8x | 0.8x |
| EV / EBITDA | 8.5x | 8.8x | 6.0x | 7.4x | 9.3x | 25.0x |
| Growth | ||||||
| Revenue growth (YoY) | 5.7% | -0.5% | 16.6% | 13.7% | 26.3% | -31.9% |
| Revenue CAGR (3y) | 7.1% | 9.7% | 18.7% | -0.7% | -8.8% | -11.0% |
| Revenue CAGR (5y) | 12.0% | 2.6% | 0.1% | 0.2% | -2.6% | -14.0% |
| Gross profit growth (YoY) | -1.6% | -9.2% | 35.1% | 15.0% | 40.4% | -39.3% |
| Operating income growth (YoY) | -9.7% | -17.4% | 51.5% | 28.0% | 379.5% | -79.6% |
| Net income growth (YoY) | -34.0% | -35.3% | 72.7% | 35.8% | - | - |
| EPS growth (YoY) | -32.9% | -34.6% | 75.5% | 38.5% | - | - |
| EPS CAGR (3y) | -8.3% | 16.7% | - | 78.5% | 28.2% | - |
| EPS CAGR (5y) | - | 45.5% | 38.6% | 26.0% | - | - |
| FCF growth (YoY) | 70.4% | -43.1% | 119.1% | -35.1% | 45.2% | 137.0% |
| FCF CAGR (5y) | 14.9% | 22.7% | - | 6.7% | -5.4% | 8.1% |
| Book value growth (YoY) | 14.4% | 9.5% | 41.6% | 6.5% | 20.4% | -1.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$5.43B totalAerials Segment$2.06B · 37.9%
Environmental Solutions Segment$1.69B · 31.1%
Materials Processing Segment$1.68B · 30.9%
Product / service
$5.09B totalAerial Work Platforms Products$1.72B · 33.8%
Utility Products$1.59B · 31.2%
Materials Processing Equipment$1.07B · 21.1%
Specialty Equipment$605.00M · 11.9%
Other Products And Services$102.00M · 2.0%
Geographic
$5.72B totalUS$3.60B · 62.9%
North America$1.67B · 29.2%
Western Europe$432.00M · 7.5%
Other Geographic Areas$14.00M · 0.2%
Asia Pacific$7.00M · 0.1%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.81
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
6/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✗Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Industrial Trucks, Tractors, Trailors & Stackers
| Company | Revenue (last FY) | Net margin | ROE |
|---|---|---|---|
| HY | $3.77B | -1.6% | -12.7% |
Comparing TEREX CORP against the 1 most active filer in the same SIC group.
Dividends
$0.68/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| Mar 6, 2026 | $0.1700 |
| Nov 10, 2025 | $0.1700 |
| Aug 11, 2025 | $0.1700 |
| Jun 6, 2025 | $0.1700 |
| Mar 7, 2025 | $0.1700 |
| Nov 8, 2024 | $0.1700 |
| Aug 9, 2024 | $0.1700 |
| Jun 6, 2024 | $0.1700 |
| Mar 7, 2024 | $0.1700 |
| Nov 8, 2023 | $0.1700 |
| Aug 11, 2023 | $0.1700 |
| Jun 5, 2023 | $0.1500 |
| Mar 8, 2023 | $0.1500 |
| Nov 9, 2022 | $0.1300 |
| Aug 11, 2022 | $0.1300 |
| Jun 3, 2022 | $0.1300 |
| Mar 8, 2022 | $0.1300 |
| Nov 8, 2021 | $0.1200 |
| Aug 11, 2021 | $0.1200 |
| Jun 3, 2021 | $0.1200 |
| Mar 4, 2021 | $0.1200 |
| Mar 5, 2020 | $0.1200 |
| Nov 7, 2019 | $0.1100 |
| Aug 9, 2019 | $0.1100 |