TEX
Terex Corporation
NYSE: TEX · INDUSTRIALS · FARM & HEAVY CONSTRUCTION MACHINERY
$60.70
-1.92% today
Updated 2026-04-29
Market cap
$6.90B
P/E ratio
18.23
P/S ratio
1.27x
EPS (TTM)
$3.33
Dividend yield
1.10%
52W range
$37 – $71
Volume
1.4M
Terex Corporation (TEX) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.65B | $9.14B | $9.89B | $4.04B | $4.42B | $6.50B | $6.98B | $7.08B | $5.48B | $5.02B | $4.44B | $3.79B | $4.52B | $4.35B | $3.08B | $3.89B | $4.42B | $5.15B | $5.13B | $5.42B |
| Revenue growth (YoY) | — | +19.5% | +8.2% | -59.1% | +9.3% | +47.2% | +7.3% | +1.5% | -22.6% | -8.4% | -11.5% | -14.6% | +19.1% | -3.6% | -29.3% | +26.3% | +13.7% | +16.6% | -0.5% | +5.7% |
| Cost of revenue | $6.20B | $7.26B | $7.96B | $3.77B | $3.82B | $5.54B | $5.57B | $5.63B | $4.43B | $4.05B | $3.67B | $3.03B | $3.56B | $3.47B | $2.54B | $3.13B | $3.55B | $3.97B | $4.06B | $4.37B |
| Gross profit | $1.44B | $1.88B | $1.93B | $274.90M | $602.90M | $961.20M | $1.41B | $1.45B | $1.05B | $971.50M | $776.10M | $767.30M | $961.90M | $887.80M | $539.30M | $757.40M | $871.00M | $1.18B | $1.07B | $1.05B |
| Gross margin | 18.9% | 20.6% | 19.5% | 6.8% | 13.6% | 14.8% | 20.2% | 20.5% | 19.2% | 19.3% | 17.5% | 20.2% | 21.3% | 20.4% | 17.5% | 19.5% | 19.7% | 22.8% | 20.8% | 19.4% |
| R&D | $52.60M | $69.50M | $71.20M | $65.20M | $59.90M | $73.70M | $71.70M | $131.50M | $102.30M | $89.70M | $86.20M | $55.60M | $63.20M | $72.40M | $58.90M | $52.20M | $22.00M | $66.70M | $25.00M | — |
| SG&A | $733.60M | $920.60M | $1.07B | $734.80M | $676.70M | $879.10M | $1.05B | $1.02B | $1.03B | $918.60M | $684.20M | $642.40M | $673.50M | $552.80M | $470.00M | $429.40M | $451.20M | $507.90M | $542.00M | $576.00M |
| Operating income | $709.50M | $961.40M | $402.60M | $-459.90M | $-73.80M | $82.10M | $393.90M | $419.10M | $400.00M | $323.70M | $-141.80M | $228.20M | $412.50M | $335.00M | $68.40M | $328.00M | $420.00M | $636.50M | $526.00M | $475.00M |
| Operating margin | 9.3% | 10.5% | 4.1% | -11.4% | -1.7% | 1.3% | 5.6% | 5.9% | 7.3% | 6.4% | -3.2% | 6.0% | 9.1% | 7.7% | 2.2% | 8.4% | 9.5% | 12.4% | 10.3% | 8.8% |
| EBITDA | $782.50M | $1.04B | $266.80M | $-311.00M | $11.90M | $327.10M | $443.90M | $569.70M | $566.80M | $436.20M | $-72.00M | $297.10M | $419.60M | $385.00M | $126.60M | $365.50M | $463.00M | $636.50M | $579.00M | $633.00M |
| EBITDA margin | 10.2% | 11.4% | 2.7% | -7.7% | 0.3% | 5.0% | 6.4% | 8.0% | 10.3% | 8.7% | -1.6% | 7.8% | 9.3% | 8.8% | 4.1% | 9.4% | 10.5% | 12.4% | 11.3% | 11.7% |
| EBIT | $709.50M | $961.40M | $186.50M | $-404.40M | $-92.90M | $200.50M | $290.90M | $417.40M | $401.30M | $303.80M | $-168.70M | $230.60M | $359.90M | $335.40M | $76.90M | $315.30M | $416.00M | $636.50M | $497.00M | $475.00M |
| Interest expense | $90.70M | $65.80M | $103.10M | $119.40M | $145.40M | $134.90M | $190.50M | $134.60M | $122.70M | $108.10M | $102.00M | $67.50M | $73.10M | $87.90M | $65.90M | $51.50M | $49.10M | $63.30M | $89.00M | $177.00M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $400.50M | $613.90M | $71.90M | $-385.80M | $358.50M | $45.40M | $77.00M | $226.00M | $319.00M | $145.90M | $-176.10M | $128.70M | $113.70M | $54.40M | $-10.60M | $220.90M | $300.00M | $518.00M | $335.00M | $221.00M |
| Net income growth (YoY) | — | +53.3% | -88.3% | -636.6% | +192.9% | -87.3% | +69.6% | +193.5% | +41.2% | -54.3% | -220.7% | +173.1% | -11.7% | -52.2% | -119.5% | +2184.0% | +35.8% | +72.7% | -35.3% | -34.0% |
| Profit margin | 5.2% | 6.7% | 0.7% | -9.5% | 8.1% | 0.7% | 1.1% | 3.2% | 5.8% | 2.9% | -4.0% | 3.4% | 2.5% | 1.2% | -0.3% | 5.7% | 6.8% | 10.1% | 6.5% | 4.1% |