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NYSE · Industrials

TEREX CORP (TEX)

As-reported financials and SEC filings for TEREX CORP. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About TEREX CORP

Terex Corp is a global manufacturer of industrial equipment serving industries such as construction, waste management, utilities, and entertainment. The company produces materials processing machinery, waste and recycling solutions, mobile elevating work platforms, and equipment for the electric utility sector. Terex operates through three main segments: Environmental Solutions, Materials Processing, and Aerials, offering products under various brand names and providing global parts, service support, and financing options.

Snapshot

Revenue
$5.42B
Revenue growth (YoY)
5.7%
Net income
$221.0M
Diluted EPS
$3.33
Gross margin
19.4%
Operating margin
8.8%
Net margin
4.1%
FCF margin
5.9%
ROE
10.5%
net income / fiscal-year-end equity
P/E
30.9×
trailing when available, otherwise FY EPS
Market cap
$7.38B
Long-term debt / equity
1.23×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Terex

  • Revenue grew 5.7% to $5.4B in FY2025, after a 0.5% decline the year before.
  • Operating margin is 8.8% in FY2025, +0.3 pp against 8.4% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $2.2B, up 50.5% from Q2 FY2025.
  • Free cash flow was $322M in FY2025, 5.9% of revenue.
  • Net income fell 34.0% to $221M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Terex’s fundamentals sit among the 684 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin19.4%
31st percentile of 466
Operating margin8.8%
62nd percentile of 605
Net margin4.1%
52nd percentile of 645
FCF margin5.9%
55th percentile of 562
Revenue growth (YoY)+5.7%
55th percentile of 668
ROE10.5%
62nd percentile of 600
P/E30.9×
63rd percentile of 435
Long-term debt / equity1.23×
83rd percentile of 409
Short interest5.57d
81st percentile of 676

No reported insider purchases (code P) in the last 90 days; 3 insider sales totaling $142,946. For context, about 14% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 2 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
2
+6 quant / multi-strat
Initiated / added
1
1 new, 0 added
Reduced / exited
10
7 trimmed, 3 exited
Combined position
$255.0M
reported long value
InvestorAs ofPosition valueSharesChange
Citadel AdvisorsquantQ2 2026$93.7M1.3MReduced
Millennium ManagementquantQ2 2026$35.6M492.3KReduced
Point72 Asset ManagementquantQ2 2026$35.4M489.1KReduced
AQR Capital ManagementquantQ2 2026$35.1M485.2KReduced
Soros Fund ManagementQ2 2026$32.1M443.0KNew
Two Sigma InvestmentsquantQ2 2026$18.8M260.2KReduced
D. E. ShawquantQ2 2026$2.5M34.0KReduced
Gotham Asset ManagementQ2 2026$1.7M24.1KReduced

No longer held by: Bridgewater Associates (as of Q2 2026), Maverick Capital (as of Q2 2026), Renaissance Technologies (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
3
$143K
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-06-23
filed 2026-06-25
JOHNSTON STEPHENFormer VP CAO and ControllerSell1.3K$69.92$93K
2026-06-23
filed 2026-06-25
JOHNSTON STEPHENFormer VP CAO and ControllerSell375$69.90$26K
2026-06-04
filed 2026-06-08
JOHNSTON STEPHENFormer VP CAO and ControllerSell379$63.19$24K
2026-05-04
filed 2026-05-06
Gross JoshuaPresident - AerialsSell5.9K$61.53$361K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
6.0M
settled 2026-08-14
Change vs prior
-7.1%
vs previous settlement
Days to cover
5.57
at avg daily volume
Avg daily volume
1.1M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-146.0M-7.1%5.57
2026-07-316.4M+8.4%3.89
2026-07-155.9M-7.1%5.39
2026-06-306.4M+16.6%3.14
2026-06-155.5M+20.7%5.14
2026-05-294.5M-10.4%3.83
2026-05-155.1M+0.1%3.89
2026-04-305.1M+9.7%4.30

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$5.42B$5.13B$5.15B$4.42B$3.89B
Gross profit$1.05B$1.07B$1.18B$871.0M$757.4M
Operating income$475.0M$526.0M$637.0M$420.0M$328.0M
Net income$221.0M$335.0M$518.0M$300.0M$220.9M
Diluted EPS$3.33$4.96$7.58$4.32$3.12

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$440.0M$326.0M$459.0M$261.0M$293.4M
Capital expenditure$118.0M$137.0M$127.0M$110.0M$59.7M
Free cash flow$322.0M$189.0M$332.0M$151.0M$233.7M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$2.24B50.5%$110.0M$0.96
Q1 FY2026$1.73B41.1%$-89.0M$-0.93
Q4 FY2025$1.32B6.2%$63.0M$0.95
Q3 FY2025$1.39B14.4%$65.0M$0.98
Q2 FY2025$1.49B7.6%$72.0M$1.09
Q1 FY2025$1.23B-4.9%$21.0M$0.31
Q4 FY2024$1.24B1.5%$-2.0M$-0.03
Q3 FY2024$1.21B-6.0%$88.0M$1.31

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorIndustrials
SIC industryIndustrial Trucks, Tractors, Trailors & Stackers
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2018
SEC CIK97216

Selected SEC filings

10-Q2026-07-30
View on EDGAR →
10-Q2026-05-01
View on EDGAR →
8-K2026-08-03
View on EDGAR →
8-K2026-07-31
View on EDGAR →
8-K2026-07-30
View on EDGAR →
8-K2026-07-21
View on EDGAR →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.