Financials · TEX

Terex Corporation (TEX) financials

For the twelve months ended Sep 30, 2026, Terex Corporation reported $7.49B of revenue and $198.00M of net income.

Revenue, TTM
$7.49B
Revenue growth, YoY
+40.1%
Net income, TTM
$198.00M
Net income growth, YoY
+26.9%
Net margin
2.6%
EPS, diluted, TTM
$1.98
Cash
$407.00M
Total debt
$2.58B
P/E
31.20
P/S
0.83
Market cap
$6.18B
Annual revenue$5.42B
FY2016FY2025
Annual net income$221.00M
FY2016FY2025
Annual free cash flow$322.00M
FY2016FY2025

TEX revenue and earnings growth

TEX revenueQ3 2026$2.20B

Quarter YoY
+58.4%
QoQ
-1.8%
FY YoY
+5.7%
5Y CAGR
+12.0%
10Y CAGR
+0.8%

TEX revenue was $2.20B in fiscal Q3 2026 (ended Sep 30, 2026), up 58.4% from a year earlier and down 1.8% from the prior quarter. For the full fiscal 2025 it was $5.42B, up 5.7% from fiscal 2024. Compound annual growth was +12.0% over 5 years and +0.8% over 10 years. It rose in 5 of the last 10 fiscal years.

TEX net incomeQ3 2026$114.00M

Quarter YoY
+75.4%
QoQ
+3.6%
FY YoY
-34.0%
10Y CAGR
+4.2%

TEX net income was $114.00M in fiscal Q3 2026 (ended Sep 30, 2026), up 75.4% from a year earlier and up 3.6% from the prior quarter. For the full fiscal 2025 it was $221.00M, down 34.0% from fiscal 2024. Compound annual growth was +4.2% over 10 years. It rose in 2 of the last 4 fiscal years.

TEX EPSQ3 2026$1.00

QoQ
+4.2%
FY YoY
-32.9%
10Y CAGR
+9.6%

TEX diluted EPS was $1.00 in fiscal Q3 2026 (ended Sep 30, 2026), up 4.2% from the prior quarter. For the full fiscal 2025 it was $3.33, down 32.9% from fiscal 2024. Compound annual growth was +9.6% over 10 years.

TEX free cash flowQ1 2026-$57.00M

FY YoY
+70.4%
5Y CAGR
+14.9%
10Y CAGR
+8.2%

TEX free cash flow was -$57.00M in fiscal Q1 2026 (ended Mar 31, 2026), compared with -$57.00M a year earlier. For the full fiscal 2025 it was $322.00M, up 70.4% from fiscal 2024. Compound annual growth was +14.9% over 5 years and +8.2% over 10 years. It rose in 6 of the last 10 fiscal years.

Export CSV

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$5.42B$5.13B$5.15B$4.42B$3.89B$3.08B$4.35B$4.52B$3.79B$4.44B
Cost of revenue$4.37B$4.06B$3.98B$3.55B$3.13B$2.54B$3.47B$3.56B$3.03B$3.73B
Gross profit$1.05B$1.07B$1.18B$871.00M$757.40M$539.30M$887.80M$961.90M$767.30M$712.40M
Research and development$39.00M$25.00M$28.00M$22.00M$52.20M$58.90M$72.40M$63.20M$55.60M$86.20M
Selling, general and admin$576.00M$542.00M$540.00M$451.00M$429.40M$470.90M$552.80M$549.40M$539.10M$678.20M
Operating income$475.00M$526.00M$637.00M$420.00M$328.00M$68.40M$335.00M$412.50M$228.20M-$141.80M
Interest expense$177.00M$89.00M$63.00M$49.00M$51.50M$65.90M$87.90M$72.80M$67.20M$102.00M
Pre-tax income$292.00M$408.00M$580.00M$367.00M$263.80M$11.00M$247.50M$287.10M$163.40M-$270.70M
Income tax$71.00M$73.00M$63.00M$67.00M$46.30M$2.00M$37.80M$45.40M$52.40M-$77.40M
Net income$221.00M$335.00M$518.00M$300.00M$220.90M-$10.60M$54.40M$113.70M$128.70M-$176.10M
EPS, basic$3.36$5.00$7.67$4.38$3.17-$0.15$0.77$1.51$1.39-$1.63
EPS, diluted$3.33$4.96$7.58$4.32$3.12-$0.15$0.76$1.48$1.36-$1.63
Diluted shares66.3M67.6M68.3M69.4M70.9M70.1M71.8M76.9M94.9M107.9M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$772.00M$388.00M$371.00M$304.10M$266.90M$665.00M$535.10M$339.50M$571.60M$428.50M
Receivables$712.00M$643.00M$548.00M$547.50M$507.70M$381.20M$401.90M$535.00M$579.90M$512.50M
Inventory$1.11B$1.15B$1.19B$988.40M$813.50M$610.40M$847.70M$918.90M$969.60M$853.80M
Current assets$2.73B$2.32B$2.25B$1.96B$1.77B$1.88B$2.02B$2.42B$2.38B$2.70B
Goodwill$1.09B$1.09B$295.00M$284.00M$280.10M$275.40M$269.90M$265.20M$273.60M$259.70M
Total assets$6.14B$5.73B$3.62B$3.12B$2.86B$3.03B$3.20B$3.49B$3.46B$5.01B
Current liabilities$1.19B$1.07B$1.12B$998.60M$909.90M$723.30M$872.40M$1.21B$1.04B$1.41B
Short-term debt$6.00M$4.00M$3.00M$1.90M$5.60M$7.60M$6.90M$4.10M$5.20M$13.80M
Long-term debt$2.58B$2.58B$620.00M$773.60M$668.50M$1.17B$1.17B$1.21B$979.60M$1.56B
Total debt$2.58B$2.58B$623.00M$775.50M$674.10M$1.17B$1.18B$1.21B$984.80M$1.58B
Total liabilities$4.04B$3.90B$1.94B$1.94B$1.75B$2.11B$2.26B$2.62B$2.24B$3.49B
Shareholders' equity$2.10B$1.83B$1.67B$1.18B$1.11B$921.50M$932.30M$861.00M$1.22B$1.52B

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$440.00M$326.00M$459.00M$261.00M$293.40M$225.40M$173.40M$94.20M$153.00M$377.10M
Capital expenditures$118.00M$137.00M$127.00M$110.00M$59.70M$64.50M$105.50M$91.00M$31.70M$58.10M
Free cash flow$322.00M$189.00M$332.00M$151.00M$233.70M$160.90M$67.90M$3.20M$121.30M$319.00M
Investing cash flow$32.00M-$2.13B-$114.00M-$154.00M-$102.20M-$38.50M$103.80M-$85.90M$1.54B-$11.80M
Financing cash flow-$123.00M$1.84B-$288.00M-$55.00M-$580.10M-$82.80M-$103.70M-$244.90M-$1.61B-$310.20M
Dividends paid$45.00M$46.00M$43.00M$36.00M$33.50M$8.40M$31.40M$30.00M$29.50M$30.00M
Share repurchases$56.00M$49.00M$63.00M$101.00M$3.00M$56.00M$7.40M$427.50M$924.90M$82.70M
Stock-based compensation$32.00M$30.00M$44.00M$30.00M$33.10M$23.80M$43.10M$36.70M$38.50M$37.80M
Depreciation and amortization$157.00M$82.00M$56.00M$47.00M$50.20M$49.70M$46.40M$45.30M$53.00M$74.30M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY5.7%-0.5%16.6%13.7%26.3%-29.3%-3.6%19.1%-14.6%-11.5%
Net income growth, YoY-34.0%-35.3%72.7%35.8%---52.2%-11.7%--
EPS growth, YoY-32.9%-34.6%75.5%38.5%---48.6%8.8%--
Gross margin19.4%20.8%22.8%19.7%19.5%17.5%20.4%21.3%20.2%16.0%
Operating margin8.8%10.3%12.4%9.5%8.4%2.2%7.7%9.1%6.0%-3.2%
Net margin4.1%6.5%10.1%6.8%5.7%-0.3%1.2%2.5%3.4%-4.0%
Free cash flow margin5.9%3.7%6.4%3.4%6.0%5.2%1.6%0.1%3.2%7.2%
Return on equity10.5%18.3%31.0%25.4%19.9%-1.2%5.8%13.2%10.5%-11.6%
Return on assets3.6%5.8%14.3%9.6%7.7%-0.3%1.7%3.3%3.7%-3.5%
Current ratio2.302.162.011.961.942.602.321.992.301.92
Debt to equity1.231.410.370.660.611.271.261.410.811.04

Source: XBRL data Terex Corporation files with the SEC, latest filing dated Oct 29, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

TEX peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
TEX$7.49B+40.1%$198.00M2.6%$6.18B
CAT$77.77B+20.3%$11.83B15.2%$255.63B
CNH$18.18B+0.6%$311.00M1.7%$14.30B
BLBD$1.61B+13.5%$281.81M17.5%$1.82B
PLOW$755.00M+22.8%$65.75M8.7%$838.6M
ASTE$1.56B+13.8%$11.60M0.7%$822.1M
MTW$2.38B+10.2%$26.20M1.1%$809.2M
HYLN$9.25M+163.2%-$52.19M-564.3%$533.0M
MLR$805.00M-4.2%$17.31M2.2%$523.6M

TEX FAQ

8 questions
  • What is TEX revenue?
    Terex Corporation (TEX) reported $7.49B of revenue for the twelve months ended Sep 30, 2026. That is up 40.1% from the year before. Revenue for fiscal 2025 was $5.42B.
  • Is TEX profitable?
    Yes. Terex Corporation earned $198.00M in net income for the twelve months ended Sep 30, 2026, a net margin of 2.6%.
  • How much cash and debt does TEX have?
    Terex Corporation reported $407.00M in cash and cash equivalents and $2.58B of debt on its most recent balance sheet in SEC filings.
  • How fast is TEX revenue growing?
    Terex Corporation's revenue changed +5.7% in fiscal 2025, to $5.42B. Its compound annual growth rate was +12.0% over 5 years and +0.8% over 10 years.
  • What is TEX gross margin?
    Terex Corporation's gross profit was $1.28B on $7.49B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 17.1%.
  • What is TEX earnings per share?
    Diluted earnings per share were $1.98 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did TEX last report financial results?
    The latest statements here come from Terex Corporation's 10-Q filed on Oct 29, 2026, covering the period ended Sep 30, 2026.
  • Where does this TEX financial data come from?
    Quantisnow builds these statements from the structured XBRL data Terex Corporation files with the SEC. It is provided for information only and is not investment advice.