CoverageForm 410-K10-Q8-K13D13G13F

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.

Price · TEX

Income Statement

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 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 itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 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 itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 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

MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Profitability
Gross margin19.4%20.8%22.8%19.7%19.5%17.5%
Operating margin8.8%10.3%12.4%9.5%8.4%2.2%
EBITDA margin11.7%11.9%13.5%10.6%9.7%3.8%
Net margin4.1%6.5%10.1%6.8%5.7%-0.3%
Free cash flow margin5.9%3.7%6.4%3.4%6.0%5.2%
FCF / Net income1.460.560.640.511.06-15.18
R&D / Revenue0.7%0.5%1.3%1.3%1.3%1.9%
SG&A / Revenue10.6%10.6%10.5%10.2%11.0%15.3%
Effective tax rate24.3%17.9%10.8%18.1%17.3%-
Return on assets3.6%5.8%14.3%9.6%7.7%-0.3%
Return on equity10.5%18.3%31.0%25.4%19.9%-1.2%
Return on invested capital7.7%9.7%25.0%17.6%15.2%2.6%
Liquidity
Current ratio2.302.162.011.961.942.60
Quick ratio1.361.090.950.971.051.75
Cash ratio0.650.360.330.300.290.92
Leverage
Debt / Equity1.241.420.360.660.601.27
Debt / Assets0.420.450.170.250.230.39
Debt / EBITDA4.104.280.871.661.779.90
Interest coverage2.7x5.9x10.1x8.6x6.4x1.0x
Equity multiplier2.933.132.162.642.583.29
Liabilities / Assets0.660.680.540.620.610.70
Efficiency
Asset turnover0.880.891.421.421.361.01
Inventory turnover3.943.543.353.593.854.16
Days sales outstanding48d46d39d45d48d45d
Days inventory outstanding93d103d109d102d95d88d
Days payable outstanding57d52d65d64d63d53d
Cash conversion cycle84d97d83d83d80d80d
Valuation
P / E16.0x9.3x7.6x9.9x14.1x-
P / B1.7x1.7x2.3x2.5x2.8x2.7x
P / S0.7x0.6x0.8x0.7x0.8x0.8x
EV / EBITDA8.5x8.8x6.0x7.4x9.3x25.0x
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 total
Aerials Segment$2.06B · 37.9%
Environmental Solutions Segment$1.69B · 31.1%
Materials Processing Segment$1.68B · 30.9%

Product / service

$5.09B total
Aerial 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 total
US$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

CompanyRevenue (last FY)Net marginROE
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-datePer 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