Terex (TEX)

NYSE Industrials Construction Machinery & Heavy Transportation Equipment S&P MidCap 400

$54.96

+0.45 (+0.83%)

Close of Nov 06, 2026 · end-of-day data

Source: Terex's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$4.44B	$3.79B	$4.52B	$4.35B	$3.08B	$3.89B	$4.42B	$5.15B	$5.13B	$5.42B
Cost of revenue	$3.73B	$3.03B	$3.56B	$3.47B	$2.54B	$3.13B	$3.55B	$3.98B	$4.06B	$4.37B
Gross profit	$712.40M	$767.30M	$961.90M	$887.80M	$539.30M	$757.40M	$871.00M	$1.18B	$1.07B	$1.05B
Research & development	$86.20M	$55.60M	$63.20M	$72.40M	$58.90M	$52.20M	$22.00M	$28.00M	$25.00M	$39.00M
Selling, general & admin	$678.20M	$539.10M	$549.40M	$552.80M	$470.90M	$429.40M	$451.00M	$540.00M	$542.00M	$576.00M
Operating income	-$141.80M	$228.20M	$412.50M	$335.00M	$68.40M	$328.00M	$420.00M	$637.00M	$526.00M	$475.00M
Interest expense	$102.00M	$67.20M	$72.80M	$87.90M	$65.90M	$51.50M	$49.00M	$63.00M	$89.00M	$177.00M
Pre-tax income	-$270.70M	$163.40M	$287.10M	$247.50M	$11.00M	$263.80M	$367.00M	$580.00M	$408.00M	$292.00M
Income tax	-$77.40M	$52.40M	$45.40M	$37.80M	$2.00M	$46.30M	$67.00M	$63.00M	$73.00M	$71.00M
Net income	-$176.10M	$128.70M	$113.70M	$54.40M	-$10.60M	$220.90M	$300.00M	$518.00M	$335.00M	$221.00M
EBITDA	-$67.50M	$281.20M	$457.80M	$381.40M	$118.10M	$378.20M	$467.00M	$693.00M	$608.00M	$632.00M
EPS (basic)	$-1.63	$1.39	$1.51	$0.77	$-0.15	$3.17	$4.38	$7.67	$5.00	$3.36
EPS (diluted)	$-1.63	$1.36	$1.48	$0.76	$-0.15	$3.12	$4.32	$7.58	$4.96	$3.33
Diluted shares	107.90M	94.90M	76.90M	71.80M	70.10M	70.90M	69.40M	68.30M	67.60M	66.30M
Gross margin	16.0%	20.2%	21.3%	20.4%	17.5%	19.5%	19.7%	22.8%	20.8%	19.4%
Operating margin	-3.2%	6.0%	9.1%	7.7%	2.2%	8.4%	9.5%	12.4%	10.3%	8.8%
Net margin	-4.0%	3.4%	2.5%	1.2%	-0.3%	5.7%	6.8%	10.1%	6.5%	4.1%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$428.50M	$571.60M	$339.50M	$535.10M	$665.00M	$266.90M	$304.10M	$371.00M	$388.00M	$772.00M
Receivables	$512.50M	$579.90M	$535.00M	$401.90M	$381.20M	$507.70M	$547.50M	$548.00M	$643.00M	$712.00M
Inventory	$853.80M	$969.60M	$918.90M	$847.70M	$610.40M	$813.50M	$988.40M	$1.19B	$1.15B	$1.11B
Total current assets	$2.70B	$2.38B	$2.42B	$2.02B	$1.88B	$1.77B	$1.96B	$2.25B	$2.32B	$2.73B
Goodwill	$259.70M	$273.60M	$265.20M	$269.90M	$275.40M	$280.10M	$284.00M	$295.00M	$1.09B	$1.09B
Total assets	$5.01B	$3.46B	$3.49B	$3.20B	$3.03B	$2.86B	$3.12B	$3.62B	$5.73B	$6.14B
Total current liabilities	$1.41B	$1.04B	$1.21B	$872.40M	$723.30M	$909.90M	$998.60M	$1.12B	$1.07B	$1.19B
Short-term debt	$13.80M	$5.20M	$4.10M	$6.90M	$7.60M	$5.60M	$1.90M	$3.00M	$4.00M	$6.00M
Long-term debt	$1.56B	$979.60M	$1.21B	$1.17B	$1.17B	$668.50M	$773.60M	$620.00M	$2.58B	$2.58B
Total debt	$1.58B	$984.80M	$1.21B	$1.18B	$1.17B	$674.10M	$775.50M	$623.00M	$2.58B	$2.58B
Total liabilities	$3.49B	$2.24B	$2.62B	$2.26B	$2.11B	$1.75B	$1.94B	$1.94B	$3.90B	$4.04B
Shareholders' equity	$1.48B	$1.22B	$860.50M	$932.30M	$921.50M	$1.11B	$1.18B	$1.67B	$1.83B	$2.10B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$377.10M	$153.00M	$94.20M	$173.40M	$225.40M	$293.40M	$261.00M	$459.00M	$326.00M	$440.00M
Capital expenditures	$58.10M	$31.70M	$91.00M	$105.50M	$64.50M	$59.70M	$110.00M	$127.00M	$137.00M	$118.00M
Free cash flow	$319.00M	$121.30M	$3.20M	$67.90M	$160.90M	$233.70M	$151.00M	$332.00M	$189.00M	$322.00M
Investing cash flow	-$11.80M	$1.54B	-$85.90M	$103.80M	-$38.50M	-$102.20M	-$154.00M	-$114.00M	-$2.13B	$32.00M
Financing cash flow	-$310.20M	-$1.61B	-$244.90M	-$103.70M	-$82.80M	-$580.10M	-$55.00M	-$288.00M	$1.84B	-$123.00M
Dividends paid	$30.00M	$29.50M	$30.00M	$31.40M	$8.40M	$33.50M	$36.00M	$43.00M	$46.00M	$45.00M
Share buybacks	$82.70M	$924.90M	$427.50M	$7.40M	$56.00M	$3.00M	$101.00M	$63.00M	$49.00M	$56.00M
Stock-based compensation	$37.80M	$38.50M	$36.70M	$43.10M	$23.80M	$33.10M	$30.00M	$44.00M	$30.00M	$32.00M
Depreciation & amortization	$74.30M	$53.00M	$45.30M	$46.40M	$49.70M	$50.20M	$47.00M	$56.00M	$82.00M	$157.00M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$1.22B	$1.29B	$1.38B	$1.21B	$1.24B	$1.23B	$1.49B	$1.39B	$1.32B	$1.73B	$2.24B	$2.20B
Cost of revenue	$960.00M	$995.00M	$1.05B	$967.00M	$1.04B	$982.00M	$1.18B	$1.09B	$1.12B	$1.53B	$1.79B	$1.76B
Gross profit	$263.00M	$297.00M	$329.00M	$245.00M	$197.00M	$247.00M	$308.00M	$299.00M	$196.00M	$206.00M	$444.00M	$435.00M
Selling, general & admin	$147.00M	$139.00M	$136.00M	$123.00M	$144.00M	$161.00M	$162.00M	$142.00M	$111.00M	$241.00M	$209.00M	$199.00M
Operating income	$116.00M	$158.00M	$193.00M	$122.00M	$53.00M	$69.00M	$129.00M	$140.00M	$137.00M	-$82.00M	$187.00M	$183.00M
Interest expense	$16.00M	$15.00M	$15.60M	$13.00M	$45.00M	$43.00M	$44.00M	$45.00M	—	$47.00M	$50.00M	$49.00M
Pre-tax income	$106.00M	$137.00M	$174.00M	$99.00M	-$2.00M	$26.00M	$89.00M	$94.00M	$83.00M	-$126.00M	$139.00M	$135.00M
Income tax	-$22.00M	$28.00M	$33.00M	$11.00M	$0	$5.00M	$17.00M	$29.00M	$20.00M	-$33.00M	$29.00M	$21.00M
Net income	$127.00M	$109.00M	$141.00M	$88.00M	-$2.00M	$21.00M	$72.00M	$65.00M	$63.00M	-$89.00M	$110.00M	$114.00M
EBITDA	—	$173.00M	$208.00M	$137.00M	$90.00M	$108.00M	$168.00M	$178.00M	$181.00M	-$5.00M	$272.00M	$271.00M
EPS (basic)	$1.88	$1.62	$2.09	$1.32	$-0.03	$0.32	$1.10	$0.99	$0.96	$-0.93	$0.97	$1.01
EPS (diluted)	$1.86	$1.60	$2.08	$1.31	$-0.02	$0.31	$1.09	$0.98	$0.95	$-0.93	$0.96	$1.00
Diluted shares	-100.00K	67.90M	67.70M	67.40M	-100.00K	66.90M	65.90M	66.20M	-100.00K	96.10M	114.20M	114.00M
Gross margin	21.5%	23.0%	23.8%	20.2%	15.9%	20.1%	20.7%	21.6%	14.9%	11.9%	19.8%	19.8%
Operating margin	9.5%	12.2%	14.0%	10.1%	4.3%	5.6%	8.7%	10.1%	10.4%	-4.7%	8.4%	8.3%
Net margin	10.4%	8.4%	10.2%	7.3%	-0.2%	1.7%	4.8%	4.7%	4.8%	-5.1%	4.9%	5.2%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$371.00M	$364.90M	$319.30M	$352.00M	$388.00M	$298.00M	$374.00M	$509.00M	$772.00M	$392.00M	$407.00M	$407.00M
Receivables	$548.00M	$685.30M	$719.40M	$670.00M	$643.00M	$783.00M	$904.00M	$821.00M	$712.00M	$970.00M	$1.16B	$1.12B
Inventory	$1.19B	$1.22B	$1.23B	$1.22B	$1.15B	$1.20B	$1.25B	$1.21B	$1.11B	$1.66B	$1.66B	$1.63B
Total current assets	$2.25B	$2.39B	$2.40B	$2.38B	$2.32B	$2.44B	$2.68B	$2.74B	$2.73B	$3.17B	$3.38B	$3.40B
Goodwill	$295.00M	$292.00M	$291.30M	$301.00M	$1.09B	$1.09B	$1.10B	$1.09B	$1.09B	$2.54B	$2.56B	$2.51B
Total assets	$3.62B	$3.76B	$3.78B	$3.78B	$5.73B	$5.84B	$6.15B	$6.17B	$6.14B	$10.19B	$10.34B	$10.30B
Total current liabilities	$1.12B	$1.11B	$1.09B	$996.00M	$1.07B	$1.15B	$1.29B	$1.27B	$1.19B	$1.72B	$1.86B	$1.93B
Short-term debt	$3.00M	$3.20M	$3.40M	$4.00M	$4.00M	$4.00M	$10.00M	$13.00M	$6.00M	$4.00M	$4.00M	$24.00M
Long-term debt	$620.00M	$720.90M	$662.20M	$624.00M	$2.58B	$2.58B	$2.58B	$2.58B	$2.58B	$2.75B	$2.68B	$2.55B
Total debt	$623.00M	$724.10M	$665.60M	$628.00M	$2.58B	$2.59B	$2.59B	$2.59B	$2.58B	$2.75B	$2.69B	$2.58B
Total liabilities	$1.94B	$2.03B	$1.96B	$1.82B	$3.90B	$4.00B	$4.19B	$4.15B	$4.04B	$5.37B	$5.42B	$5.34B
Shareholders' equity	$1.67B	$1.73B	$1.82B	$1.96B	$1.83B	$1.84B	$1.97B	$2.02B	$2.10B	$4.82B	$4.92B	$4.96B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$190.00M	-$34.00M	$67.00M	$116.00M	$177.00M	-$21.00M	$102.00M	$154.00M	$205.00M	-$31.00M	$128.00M	$241.00M
Capital expenditures	—	$35.00M	$24.00M	$29.00M	$49.00M	$36.00M	$24.00M	$24.00M	$34.00M	$26.00M	—	—
Free cash flow	$190.00M	-$69.00M	$43.00M	$87.00M	$128.00M	-$57.00M	$78.00M	$130.00M	$171.00M	-$57.00M	$128.00M	$241.00M
Investing cash flow	-$60.00M	-$36.00M	-$16.00M	-$28.00M	-$2.05B	-$26.00M	-$12.00M	-$6.00M	$76.00M	-$467.00M	-$21.00M	-$31.00M
Financing cash flow	-$127.00M	$71.00M	-$94.00M	-$65.00M	$1.93B	-$50.00M	-$34.00M	-$14.00M	-$25.00M	$122.00M	-$92.00M	-$207.00M
Dividends paid	$11.00M	$11.00M	$12.00M	$11.00M	$12.00M	$11.00M	$11.00M	$12.00M	$11.00M	$19.00M	$20.00M	$19.00M
Share buybacks	$27.00M	$3.00M	$18.00M	$13.00M	$15.00M	$32.00M	$23.00M	$0	$1.00M	$0	$3.00M	$72.00M
Stock-based compensation	$18.00M	$10.00M	$8.00M	$5.00M	$7.00M	$10.00M	$8.00M	$7.00M	$7.00M	$36.00M	$15.00M	$12.00M
Depreciation & amortization	—	$15.00M	$15.00M	$15.00M	$37.00M	$39.00M	$39.00M	$38.00M	$44.00M	$77.00M	$85.00M	$88.00M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.