T $TEX logo$

TEREX CORP

Listed Company

TEXCIK 0000097216NYSELarge AcceleratedIndustrial Trucks, Tractors, Trailors & StackersDelawareFY ends Dec 31

Period

FY 2025

Revenue

$5.42B

Net Income

$221.00M

Total Assets

$6.14B

Equity

$2.10B

Shares Out

113.70M

Op. Cash Flow

$440.00M

Business

TEREX CORP designs, manufactures and supports specialized industrial equipment for materials processing, waste and recycling, aerial work at height, and electric utility applications. It offers crushers, screens, conveyors, material handlers, cranes, concrete mixers and pavers, mobile elevating work platforms, telehandlers, refuse collection bodies, compactors, balers, digital fleet and vision solutions, parts, service, financing and lifecycle support. The company reports operations in three reportable segments: Materials Processing (MP), Aerial Work Platforms (AWP) and Environmental Solutions Group (ESG). Terex manufactures in North America, Europe and Asia Pacific and sells through independent distributors, rental companies and direct sales worldwide.

Summary from filing dated 2025-02-07

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Net sales	5,421	5,127	5,152	4,418	3,887
Cost of goods sold	−4,370	−4,059	−3,975	−3,547	−3,129
Gross profit	1,051	1,068	1,177	871	757
Selling, general and administrative expenses	−576	−542	−540	−451	−429
Operating profit	475	526	637	420	328
Interest income	12	13	7	3	4
Interest expense	−177	−89	−63	−49	−52
Other income (expense) net	−18	−42	−1	−7	13
Income (loss) from continuing operations before income taxes	292	408	580	367	264
(Provision for) benefit from income taxes	−71	−73	−63	−67	−46
Income (loss) from continuing operations	221	335	517	300	218
Gain (loss) on disposition of discontinued operations net of tax	0	0	1	0	3
Net income (loss)	221	335	518	300	221
Income (loss) from continuing operations (in dollars per share)	3.36	5	7.65	4.38	3.12
Gain (loss) on disposition of discontinued operations net of tax (in dollars per share)	0	0	0.02	0	0.05
Net income (loss) (in dollars per share)	3.36	5	7.67	4.38	3.17
Income (loss) from continuing operations (in dollars per share)	3.33	4.96	7.56	4.32	3.07
Gain (loss) on disposition of discontinued operations net of tax (in dollars per share)	0	0	0.02	0	0.05
Net income (loss) attributable to Terex Corporation (in dollars per share)	3.33	4.96	7.58	4.32	3.12
Basic (in shares)	66	67	68	69	70
Diluted (in shares)	66	68	68	69	71

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	772	388	371	304	267
Receivables (net of allowance of $9 million at December 31, 2025 and 2024)	712	643	548	548	508
Inventories	1,109	1,147	1,186	988	814
Prepaid and other current assets	132	142	140	122	180
Total current assets	2,725	2,320	2,245	1,962	1,768
Property, plant and equipment net	760	714	570	466	430
Goodwill	1,091	1,093	295	284	280
Intangible assets net	1,027	1,107	16	17	13
Other assets	536	496	489	389	373
Total assets	6,139	5,730	3,615	3,118	2,864
Current portion of long-term debt	6	4	3	2	6
Trade accounts payable	683	580	703	625	538
Accrued compensation and benefits	123	117	135	103	109
Other current liabilities	375	372	278	269	258
Total current liabilities	1,187	1,073	1,119	999	910
Long-term debt, less current portion	2,578	2,580	620	774	669
Other non-current liabilities	279	245	204	165	176
Total liabilities	4,044	3,898	1,943	1,937	1,754
Commitments and contingencies	—	—	—	—	—
Common stock, $0.01 par value authorized 300.0 shares; issued 85.5 and 85.1 shares at December 31, 2025 and 2024, respectively	1	1	1	900,000	900,000
Additional paid-in capital	942	921	906	882	860
Retained earnings	2,139	1,964	1,675	1,201	937
Accumulated other comprehensive income (loss)	−265	−382	−287	−342	−229
Less cost of shares of common stock in treasury 20.6 and 19.4 shares at December 31, 2025 and 2024, respectively	−722	−672	−623	−560	−460
Total stockholders equity	2,095	1,832	1,672	1,181	1,109
Total liabilities and stockholders equity	6,139	5,730	3,615	3,118	2,864

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation and amortization	158	82	56	47	50
(Gain) loss on sale of business	−41	0	0	—	−3
Deferred taxes	−3	−10	−38	−1	1
Stock-based compensation expense	32	30	44	30	33
Inventory and other non-cash charges	7	25	9	23	40
Receivables	−46	16	11	−55	−139
Inventories	39	77	−200	−206	−230
Trade accounts payable	118	−241	58	96	173
Other assets and liabilities	−33	15	2	38	141
Foreign exchange and other operating activities, net	−12	−3	−1	−11	3
Net cash provided by (used in) operating activities	440	326	459	261	293
Capital expenditures	−118	−137	−127	−110	−60
Proceeds from sale of capital assets	3	1	34	0	2
Acquisitions, net of cash acquired, and investments	0	−2,001	−24	−50	−43
Proceeds from sale of business	109	0	0	0	0
Other investing activities, net	38	10	3	6	−2
Net cash provided by (used in) investing activities	32	−2,127	−114	−154	−102
Repayments of debt	−104	−222	−402	−224	−1,104
Proceeds from issuance of debt	97	2,217	243	321	600
Payment of debt issuance costs	0	−41	0	0	—
Share repurchases	−56	−49	−63	−101	−3
Dividends paid	−45	−46	−43	−36	−34
Other financing activities, net	−15	−22	−23	−15	−40
Net cash provided by (used in) financing activities	−123	1,837	−288	−55	−580
Effect of Exchange Rate Changes on Cash and Cash Equivalents	35	−19	10	−15	−14
Net Increase (Decrease) in Cash and Cash Equivalents	384	17	67	37	−403

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro