Terex (TEX) Financials

$39.60 -0.89 (-2.19%)

Closing price 05/6/2025 03:59 PM Eastern

Extended Trading

$39.52 -0.09 (-0.23%)

As of 05/6/2025 07:46 PM Eastern

Annual Income Statements for Terex

This table shows Terex's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	146	-176	129	114	54	-11	221	300	518	335
Consolidated Net Income / (Loss)	149	-176	129	114	54	-11	221	300	518	335
Net Income / (Loss) Continuing Operations	128	-193	111	242	210	9.00	218	300	517	335
Total Pre-Tax Income	196	-271	163	287	248	11	264	367	580	408
Total Operating Income	324	-142	228	413	335	68	328	420	637	526
Total Gross Profit	971	712	767	962	888	539	757	871	1,177	1,068
Total Revenue	5,022	4,443	3,794	4,517	4,353	3,076	3,887	4,418	5,152	5,127
Operating Revenue	5,022	4,443	3,794	4,517	4,353	3,076	3,887	4,418	5,152	5,127
Total Cost of Revenue	4,051	3,731	3,026	3,555	3,465	2,537	3,129	3,547	3,975	4,059
Operating Cost of Revenue	4,051	3,731	3,026	3,555	3,465	2,537	3,129	3,547	3,975	4,059
Total Operating Expenses	648	854	539	549	553	471	429	451	540	542
Selling, General & Admin Expense	648	678	539	549	553	471	429	451	540	542
Total Other Income / (Expense), net	-128	-129	-65	-125	-88	-57	-64	-53	-57	-118
Interest Expense	108	102	120	74	88	66	81	49	63	89
Interest & Investment Income	3.80	4.30	6.30	8.70	6.50	3.60	3.70	3.00	7.00	13
Other Income / (Expense), net	-24	-31	49	-61	-6.10	4.90	13	-7.00	-1.00	-42
Income Tax Expense	68	-77	52	45	38	2.00	46	67	63	73
Net Income / (Loss) Discontinued Operations	17	14	-50	-130	-155	-20	3.40	-	-	0.00
Basic Earnings per Share	$1.36	($1.63)	$1.39	$1.51	$0.77	($0.15)	$3.17	$4.38	$7.67	$5.00
Weighted Average Basic Shares Outstanding	107.40M	107.90M	92.80M	75.40M	71.10M	69.60M	69.70M	68.50M	67.50M	67M
Diluted Earnings per Share	$1.33	($1.63)	$1.36	$1.48	$0.76	($0.15)	$3.12	$4.32	$7.58	$4.96
Weighted Average Diluted Shares Outstanding	109.60M	107.90M	94.90M	76.90M	71.80M	70.10M	70.90M	69.40M	68.30M	67.60M
Weighted Average Basic & Diluted Shares Outstanding	107.30M	108M	92.60M	75.30M	70.70M	69.40M	69.70M	67.50M	67M	66.40M
Cash Dividends to Common per Share	$0.06	$0.07	$0.32	$0.40	$0.44	$0.12	$0.48	$0.52	$0.64	$0.68

This table shows Terex's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	82	92	113	159	119	127	109	141	88	-2.20
Consolidated Net Income / (Loss)	82	92	113	159	119	127	109	141	88	-2.20
Net Income / (Loss) Continuing Operations	82	92	110	160	119	128	109	141	88	-2.20
Total Pre-Tax Income	107	106	133	192	149	106	137	174	99	-1.60
Total Operating Income	121	121	148	210	163	116	158	193	122	53
Total Gross Profit	237	235	279	343	292	263	297	328	245	197
Total Revenue	1,121	1,218	1,236	1,403	1,290	1,223	1,293	1,382	1,212	1,241
Operating Revenue	1,121	1,218	1,236	1,403	1,290	1,223	1,293	1,382	1,212	1,241
Total Cost of Revenue	883	983	957	1,060	998	960	995	1,053	967	1,044
Operating Cost of Revenue	883	983	957	1,060	998	960	995	1,053	967	1,044
Total Operating Expenses	116	114	131	133	129	147	139	135	123	145
Selling, General & Admin Expense	116	114	131	133	129	147	139	135	123	145
Total Other Income / (Expense), net	-13	-15	-15	-18	-14	-10	-22	-19	-23	-54
Interest Expense	14	13	15	15	17	16	15	16	13	45
Interest & Investment Income	1.10	0.90	2.00	1.10	2.00	1.90	3.60	2.00	3.00	4.40
Other Income / (Expense), net	-1.00	-2.40	-1.60	-3.80	1.00	3.40	-10	-5.40	-13	-13
Income Tax Expense	26	14	23	32	30	-22	28	33	11	0.60
Basic Earnings per Share	$1.21	$1.35	$1.66	$2.36	$1.77	$1.88	$1.62	$2.09	$1.32	($0.03)
Weighted Average Basic Shares Outstanding	67.80M	68.50M	67.70M	67.60M	67.40M	67.50M	67M	67.20M	66.90M	67M
Diluted Earnings per Share	$1.20	$1.32	$1.64	$2.34	$1.75	$1.85	$1.60	$2.08	$1.31	($0.03)
Weighted Average Diluted Shares Outstanding	68.40M	69.40M	68.80M	68.10M	68.20M	68.30M	67.90M	67.70M	67.40M	67.60M
Weighted Average Basic & Diluted Shares Outstanding	67.50M	67.50M	67.80M	67.40M	67.30M	67M	67.30M	66.90M	66.80M	66.40M

This table details how cash moves in and out of Terex's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-12	35	82	-258	168	130	-403	37	67	17
Net Cash From Operating Activities	228	377	153	94	173	225	293	261	459	326
Net Cash From Continuing Operating Activities	205	377	153	94	173	225	293	261	459	326
Net Income / (Loss) Continuing Operations	149	-176	129	114	54	-11	221	300	518	335
Consolidated Net Income / (Loss)	149	-176	129	114	54	-11	221	300	518	335
Depreciation Expense	132	97	67	60	50	50	50	47	56	82
Non-Cash Adjustments To Reconcile Net Income	103	335	6.70	140	164	74	73	53	53	55
Changes in Operating Assets and Liabilities, net	-157	121	-49	-219	-95	112	-50	-139	-168	-146
Net Cash From Investing Activities	-173	-12	1,536	-86	104	-39	-102	-154	-114	-2,127
Net Cash From Continuing Investing Activities	-173	-12	1,536	-86	104	-39	-102	-154	-114	-2,127
Purchase of Property, Plant & Equipment	-104	-73	-44	-104	-109	-65	-60	-110	-127	-137
Acquisitions	-71	-7.00	-	-	0.00	0.00	-43	-50	-24	-2,001
Sale of Property, Plant & Equipment	3.10	67	803	22	35	-	1.90	0.00	34	1.00
Other Investing Activities, net	-0.60	-2.50	0.00	-6.70	-	10	-1.70	6.00	3.00	10
Net Cash From Financing Activities	-29	-310	-1,607	-245	-104	-83	-580	-55	-288	1,837
Net Cash From Continuing Financing Activities	-29	-310	-1,607	-245	-104	-83	-580	-55	-288	1,837
Repayment of Debt	-1,415	-1,295	-1,663	-1,170	-1,682	-188	-1,144	-239	-425	-285
Repurchase of Common Equity	-51	-83	-925	-428	-7.40	-56	-3.00	-101	-63	-49
Payment of Dividends	-26	-30	-30	-30	-31	-8.40	-34	-36	-43	-46
Issuance of Debt	1,463	1,098	1,011	1,382	1,617	170	600	321	243	2,217
Effect of Exchange Rate Changes	-38	-20	-	-21	-5.50	26	-14	-15	10	-19

This table details how cash moves in and out of Terex's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Change in Cash & Equivalents	-22	72	-50	44	54	19	-5.80	-46	32	36
Net Cash From Operating Activities	85	157	9.10	121	139	190	-34	67	116	177
Net Cash From Continuing Operating Activities	85	157	9.10	121	139	190	-34	67	116	177
Net Income / (Loss) Continuing Operations	82	92	113	159	119	127	109	141	88	-2.00
Consolidated Net Income / (Loss)	82	92	113	159	119	127	109	141	88	-2.00
Depreciation Expense	12	12	12	13	12	19	15	15	15	37
Non-Cash Adjustments To Reconcile Net Income	16	11	15	12	11	15	28	14	3.30	9.00
Changes in Operating Assets and Liabilities, net	-24	42	-130	-64	-2.80	29	-186	-104	10	133
Net Cash From Investing Activities	-70	-30	-30	8.70	-33	-60	-36	-16	-29	-2,047
Net Cash From Continuing Investing Activities	-70	-30	-30	8.70	-33	-60	-36	-16	-29	-2,047
Purchase of Property, Plant & Equipment	-32	-31	-20	-19	-33	-55	-35	-24	-29	-49
Acquisitions	-42	0.10	-10	-5.80	-0.20	-8.00	-1.80	-	-0.20	-1,999
Sale of Property, Plant & Equipment	-0.10	-	-	-	0.50	-	-	-	-0.10	1.00
Net Cash From Financing Activities	-25	-68	-32	-87	-42	-127	71	-94	-66	1,925
Net Cash From Continuing Financing Activities	-25	-68	-32	-87	-42	-127	71	-94	-66	1,925
Repayment of Debt	-71	-121	-137	-114	-30	-144	-42	-67	-46	-130
Repurchase of Common Equity	-14	-4.40	-3.30	-32	-0.60	-27	-2.90	-19	-13	-15
Payment of Dividends	-8.80	-9.20	-10	-10	-12	-11	-11	-11	-11	-12
Issuance of Debt	69	67	119	69	0.30	55	127	3.80	4.00	2,082
Effect of Exchange Rate Changes	-12	13	2.40	1.40	-9.80	16	-7.30	-3.00	10	-19

This table presents Terex's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	5,616	5,007	3,463	3,486	3,196	3,032	2,864	3,118	3,615	5,730
Total Current Assets	3,140	2,701	2,383	2,423	2,020	1,879	1,768	1,962	2,245	2,320
Cash & Equivalents	371	429	627	340	535	665	267	304	371	388
Accounts Receivable	703	513	580	535	402	381	508	548	548	643
Inventories, net	1,064	854	970	919	848	610	814	988	1,186	1,147
Prepaid Expenses	253	173	207	170	235	222	180	122	140	142
Plant, Property, & Equipment, net	372	305	311	317	389	407	430	466	570	714
Total Noncurrent Assets	2,104	2,002	769	746	787	747	666	691	800	2,696
Goodwill	459	260	274	265	270	275	280	284	295	1,093
Intangible Assets	23	18	14	11	9.70	8.30	13	17	16	1,107
Other Noncurrent Operating Assets	462	552	481	401	507	463	373	389	489	496
Total Liabilities & Shareholders' Equity	5,616	5,007	3,463	3,486	3,196	3,032	2,864	3,118	3,615	5,730
Total Liabilities	3,704	3,486	2,240	2,625	2,263	2,110	1,754	1,937	1,943	3,898
Total Current Liabilities	1,459	1,407	1,036	1,215	872	723	910	999	1,119	1,073
Short-Term Debt	66	14	5.20	4.10	6.90	7.60	5.60	1.90	3.00	4.00
Accounts Payable	561	523	592	687	508	370	538	625	703	580
Current Employee Benefit Liabilities	129	125	160	123	100	86	109	103	135	117
Other Current Liabilities	206	230	278	221	216	212	258	269	278	372
Total Noncurrent Liabilities	2,245	2,079	1,205	1,410	1,391	1,387	844	938	824	2,825
Long-Term Debt	1,730	1,562	980	1,211	1,169	1,166	669	774	620	2,580
Other Noncurrent Operating Liabilities	60	51	74	113	222	221	176	165	204	245
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,912	1,521	1,223	861	932	922	1,110	1,181	1,672	1,832
Total Preferred & Common Equity	1,877	1,485	1,222	861	932	922	1,110	1,181	1,672	1,832
Total Common Equity	1,877	1,485	1,222	861	932	922	1,110	1,181	1,672	1,832
Common Stock	1,275	1,301	1,323	798	825	839	861	883	907	922
Retained Earnings	2,105	1,898	1,996	749	771	750	937	1,201	1,675	1,964
Treasury Stock	-852	-935	-1,858	-402	-407	-459	-460	-560	-623	-672
Accumulated Other Comprehensive Income / (Loss)	-650	-779	-240	-285	-258	-208	-229	-342	-287	-382

This table presents Terex's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024
Total Assets	2,977	3,281	3,415	3,461	3,760	3,780	3,781
Total Current Assets	1,867	2,090	2,218	2,245	2,390	2,402	2,381
Cash & Equivalents	232	254	298	352	365	319	352
Accounts Receivable	531	630	681	645	685	719	670
Inventories, net	981	1,083	1,122	1,117	1,218	1,233	1,222
Prepaid Expenses	123	123	117	130	122	130	137
Plant, Property, & Equipment, net	450	479	491	501	574	575	602
Total Noncurrent Assets	659	712	707	716	797	803	798
Goodwill	273	287	291	285	292	291	301
Intangible Assets	18	17	17	16	15	14	14
Other Noncurrent Operating Assets	369	408	399	416	490	498	483
Total Liabilities & Shareholders' Equity	2,977	3,281	3,415	3,461	3,760	3,780	3,781
Total Liabilities	1,942	1,987	1,983	1,965	2,028	1,956	1,824
Total Current Liabilities	953	1,051	1,074	1,062	1,105	1,088	996
Short-Term Debt	1.90	2.10	2.40	2.40	3.20	3.40	4.00
Accounts Payable	589	687	690	668	699	704	593
Current Employee Benefit Liabilities	-	-	-	-	-	99	109
Other Current Liabilities	314	362	381	391	403	282	290
Total Noncurrent Liabilities	989	936	909	903	923	868	828
Long-Term Debt	825	775	734	706	721	662	624
Other Noncurrent Operating Liabilities	165	161	175	197	202	206	204
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,035	1,295	1,432	1,496	1,732	1,824	1,957
Total Preferred & Common Equity	1,035	1,295	1,432	1,496	1,732	1,824	1,957
Total Common Equity	1,035	1,295	1,432	1,496	1,732	1,824	1,957
Common Stock	875	870	880	889	901	910	915
Retained Earnings	1,117	1,303	1,452	1,560	1,772	1,901	1,977
Treasury Stock	-556	-563	-595	-595	-625	-644	-656
Accumulated Other Comprehensive Income / (Loss)	-401	-315	-305	-357	-316	-343	-279

This table displays calculated financial ratios and metrics derived from Terex's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-8.43%	-11.52%	-14.62%	19.07%	-3.63%	-29.33%	26.34%	13.67%	16.61%	-0.49%
EBITDA Growth	-22.88%	-117.55%	552.44%	19.86%	-8.04%	-67.50%	218.05%	17.59%	50.43%	-18.21%
EBIT Growth	-24.08%	-157.51%	260.43%	27.09%	-6.54%	-77.71%	365.21%	21.11%	54.00%	-23.90%
NOPAT Growth	-41.39%	-146.81%	256.18%	124.02%	-18.27%	-80.28%	383.23%	26.95%	65.39%	-23.94%
Net Income Growth	-53.36%	-217.79%	173.33%	-11.66%	-52.15%	-119.49%	2,183.96%	35.81%	72.67%	-35.33%
EPS Growth	-52.33%	-222.56%	183.44%	8.82%	-48.65%	-119.74%	2,180.00%	38.46%	75.46%	-34.56%
Operating Cash Flow Growth	-44.61%	65.76%	-59.43%	-38.43%	84.08%	29.99%	30.17%	-11.04%	75.86%	-28.98%
Free Cash Flow Firm Growth	83.83%	-61.02%	-80.73%	334.56%	-59.18%	7.19%	-7.37%	12.83%	42.83%	-664.12%
Invested Capital Growth	-35.18%	-29.53%	3.31%	-6.74%	6.69%	-9.07%	6.05%	8.95%	16.42%	109.36%
Revenue Q/Q Growth	20.76%	3.42%	-11.25%	14.00%	-3.63%	-3.10%	5.52%	5.44%	0.11%	0.35%
EBITDA Q/Q Growth	-3.42%	-128.19%	1,260.14%	-14.41%	-2.25%	18.61%	12.16%	8.98%	1.18%	-9.90%
EBIT Q/Q Growth	-0.20%	-208.42%	383.71%	-15.75%	-1.62%	29.96%	14.62%	10.22%	0.19%	-14.15%
NOPAT Q/Q Growth	-28.31%	-124.40%	274.10%	22.60%	-14.23%	33.92%	16.27%	15.03%	6.78%	-18.82%
Net Income Q/Q Growth	-30.18%	-263.26%	215.95%	-5.25%	1,854.84%	-178.95%	22.86%	12.53%	7.20%	-27.83%
EPS Q/Q Growth	-30.37%	-268.04%	270.00%	-6.33%	3,700.00%	-150.00%	22.83%	12.79%	7.52%	-27.49%
Operating Cash Flow Q/Q Growth	-4.21%	-1.90%	-30.64%	-50.32%	-9.78%	22.57%	-36.30%	255.10%	7.75%	-3.92%
Free Cash Flow Firm Q/Q Growth	162.54%	-70.33%	-57.07%	67.47%	-66.38%	133.63%	-48.99%	246.60%	-3.97%	-1,202.94%
Invested Capital Q/Q Growth	-38.35%	-27.21%	-10.68%	-17.27%	0.69%	-5.83%	9.05%	1.42%	3.85%	80.39%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	19.34%	16.03%	20.23%	21.29%	20.39%	17.53%	19.49%	19.71%	22.85%	20.83%
EBITDA Margin	8.61%	-1.71%	9.05%	9.11%	8.70%	4.00%	10.06%	10.41%	13.43%	11.04%
Operating Margin	6.45%	-3.19%	6.02%	9.13%	7.70%	2.22%	8.44%	9.51%	12.36%	10.26%
EBIT Margin	5.98%	-3.88%	7.30%	7.79%	7.56%	2.38%	8.77%	9.35%	12.34%	9.44%
Profit (Net Income) Margin	2.97%	-3.95%	3.39%	2.52%	1.25%	-0.34%	5.68%	6.79%	10.05%	6.53%
Tax Burden Percent	76.14%	64.83%	78.76%	39.60%	21.98%	-96.36%	83.74%	81.74%	89.31%	82.11%
Interest Burden Percent	65.21%	156.84%	59.01%	81.59%	75.25%	15.01%	77.36%	88.86%	91.20%	84.30%
Effective Tax Rate	34.49%	0.00%	32.07%	15.81%	15.27%	18.18%	17.55%	18.26%	10.86%	17.89%
Return on Invested Capital (ROIC)	7.68%	-5.36%	9.97%	22.73%	18.63%	3.73%	18.35%	21.66%	31.75%	14.51%
ROIC Less NNEP Spread (ROIC-NNEP)	-0.35%	-62.17%	-4.37%	-25.35%	-17.97%	-7.86%	7.54%	11.80%	17.98%	6.60%
Return on Net Nonoperating Assets (RNNOA)	-0.14%	-4.86%	-0.58%	-11.82%	-12.56%	-4.87%	3.40%	4.53%	4.56%	4.61%
Return on Equity (ROE)	7.54%	-10.22%	9.38%	10.91%	6.07%	-1.14%	21.75%	26.19%	36.31%	19.12%
Cash Return on Invested Capital (CROIC)	50.37%	29.28%	6.71%	29.71%	12.16%	13.22%	12.48%	13.10%	16.57%	-56.19%
Operating Return on Assets (OROA)	5.20%	-3.25%	6.54%	10.13%	9.85%	2.35%	11.57%	13.81%	18.89%	10.36%
Return on Assets (ROA)	2.58%	-3.30%	3.04%	3.27%	1.63%	-0.34%	7.49%	10.03%	15.39%	7.17%
Return on Common Equity (ROCE)	7.41%	-10.01%	9.26%	10.91%	6.07%	-1.14%	21.75%	26.19%	36.31%	19.12%
Return on Equity Simple (ROE_SIMPLE)	7.94%	-11.82%	10.53%	13.21%	5.84%	-1.15%	19.91%	25.40%	30.98%	18.29%
Net Operating Profit after Tax (NOPAT)	212	-99	155	347	284	56	270	343	568	432
NOPAT Margin	4.22%	-2.23%	4.09%	7.69%	6.52%	1.82%	6.96%	7.77%	11.02%	8.42%
Net Nonoperating Expense Percent (NNEP)	8.03%	56.81%	14.33%	48.08%	36.60%	11.58%	10.81%	9.86%	13.77%	7.92%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	17.55%	24.74%	9.78%
Cost of Revenue to Revenue	80.66%	83.97%	79.77%	78.71%	79.61%	82.47%	80.51%	80.29%	77.15%	79.17%
SG&A Expenses to Revenue	12.89%	15.26%	14.21%	12.16%	12.70%	15.31%	11.05%	10.21%	10.48%	10.57%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	12.89%	19.23%	14.21%	12.16%	12.70%	15.31%	11.05%	10.21%	10.48%	10.57%
Earnings before Interest and Taxes (EBIT)	300	-173	277	352	329	73	341	413	636	484
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	433	-76	343	412	379	123	391	460	692	566
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.97	2.07	3.08	2.21	2.17	2.51	2.67	2.38	2.29	1.69
Price to Tangible Book Value (P/TBV)	1.30	2.54	4.02	3.26	3.09	3.63	3.63	3.20	2.81	0.00
Price to Revenue (P/Rev)	0.36	0.69	0.99	0.42	0.46	0.75	0.76	0.64	0.74	0.60
Price to Earnings (P/E)	12.47	0.00	29.20	16.74	37.12	0.00	13.41	9.39	7.38	9.22
Dividend Yield	1.43%	0.97%	0.72%	1.55%	1.55%	1.35%	1.13%	1.25%	1.13%	1.47%
Earnings Yield	8.02%	0.00%	3.42%	5.97%	2.69%	0.00%	7.46%	10.65%	13.56%	10.85%
Enterprise Value to Invested Capital (EV/IC)	1.51	2.78	2.60	1.88	1.69	1.97	2.22	1.99	2.12	1.31
Enterprise Value to Revenue (EV/Rev)	0.65	0.96	1.09	0.62	0.61	0.92	0.87	0.74	0.79	1.03
Enterprise Value to EBITDA (EV/EBITDA)	7.58	0.00	11.99	6.75	7.03	22.94	8.62	7.15	5.89	9.33
Enterprise Value to EBIT (EV/EBIT)	10.93	0.00	14.87	7.90	8.09	38.49	9.88	7.96	6.40	10.92
Enterprise Value to NOPAT (EV/NOPAT)	15.46	0.00	26.56	8.00	9.37	50.41	12.46	9.57	7.17	12.23
Enterprise Value to Operating Cash Flow (EV/OCF)	14.41	11.27	26.91	29.50	15.34	12.52	11.49	12.59	8.87	16.21
Enterprise Value to Free Cash Flow (EV/FCFF)	2.36	7.85	39.43	6.12	14.36	14.21	18.32	15.84	13.74	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.94	1.04	0.81	1.41	1.26	1.27	0.61	0.66	0.37	1.41
Long-Term Debt to Equity	0.90	1.03	0.80	1.41	1.25	1.27	0.60	0.65	0.37	1.41
Financial Leverage	0.40	0.08	0.13	0.47	0.70	0.62	0.45	0.38	0.25	0.70
Leverage Ratio	2.92	3.09	3.09	3.34	3.73	3.36	2.90	2.61	2.36	2.67
Compound Leverage Factor	1.91	4.85	1.82	2.72	2.80	0.50	2.25	2.32	2.15	2.25
Debt to Total Capital	48.44%	50.88%	44.62%	58.52%	55.77%	56.02%	37.79%	39.63%	27.15%	58.51%
Short-Term Debt to Total Capital	1.79%	0.45%	0.24%	0.20%	0.33%	0.36%	0.31%	0.10%	0.13%	0.09%
Long-Term Debt to Total Capital	46.65%	50.44%	44.38%	58.32%	55.45%	55.66%	37.48%	39.54%	27.02%	58.42%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.93%	1.18%	0.02%	0.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	50.63%	47.94%	55.36%	41.46%	44.23%	43.98%	62.21%	60.37%	72.85%	41.49%
Debt to EBITDA	4.15	-20.76	2.87	2.95	3.11	9.54	1.72	1.69	0.90	4.57
Net Debt to EBITDA	3.29	-15.12	1.04	2.13	1.69	4.14	1.04	1.02	0.36	3.88
Long-Term Debt to EBITDA	4.00	-20.58	2.85	2.94	3.09	9.48	1.71	1.68	0.90	4.56
Debt to NOPAT	8.47	-15.88	6.35	3.50	4.14	20.97	2.49	2.26	1.10	5.98
Net Debt to NOPAT	6.72	-11.56	2.31	2.52	2.26	9.09	1.51	1.37	0.44	5.08
Long-Term Debt to NOPAT	8.16	-15.74	6.32	3.49	4.12	20.84	2.47	2.25	1.09	5.97
Altman Z-Score	2.25	2.14	3.64	2.78	3.01	2.56	3.58	3.64	4.21	2.39
Noncontrolling Interest Sharing Ratio	1.72%	2.07%	1.35%	0.05%	0.03%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.15	1.92	2.30	1.99	2.32	2.60	1.94	1.96	2.01	2.16
Quick Ratio	0.74	0.67	1.17	0.72	1.07	1.45	0.85	0.85	0.82	0.96
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	1,390	542	104	454	185	199	184	208	296	-1,672
Operating Cash Flow to CapEx	225.92%	6,501.72%	0.00%	115.30%	234.64%	349.46%	507.61%	237.27%	493.55%	239.71%
Free Cash Flow to Firm to Interest Expense	12.85	5.29	0.87	6.17	2.11	3.01	2.27	4.24	4.70	-18.79
Operating Cash Flow to Interest Expense	2.10	3.68	1.28	1.28	1.97	3.42	3.63	5.33	7.29	3.66
Operating Cash Flow Less CapEx to Interest Expense	1.17	3.63	7.62	0.17	1.13	2.44	2.91	3.08	5.81	2.13
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.87	0.84	0.90	1.30	1.30	0.99	1.32	1.48	1.53	1.10
Accounts Receivable Turnover	5.61	7.31	6.95	8.10	9.29	7.86	8.75	8.37	9.41	8.61
Inventory Turnover	3.21	3.89	3.32	3.77	3.92	3.48	4.40	3.94	3.66	3.48
Fixed Asset Turnover	9.46	13.14	12.33	14.38	12.32	7.73	9.30	9.87	9.95	7.99
Accounts Payable Turnover	6.25	6.89	5.43	5.56	5.80	5.78	6.90	6.10	5.99	6.33
Days Sales Outstanding (DSO)	65.04	49.94	52.55	45.04	39.28	46.46	41.74	43.59	38.81	42.39
Days Inventory Outstanding (DIO)	113.74	93.80	109.96	96.94	93.04	104.88	83.04	92.71	99.83	104.90
Days Payable Outstanding (DPO)	58.43	53.00	67.24	65.68	62.95	63.16	52.93	59.80	60.95	57.69
Cash Conversion Cycle (CCC)	120.36	90.74	95.26	76.30	69.37	88.18	71.85	76.50	77.68	89.60
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,171	1,530	1,581	1,474	1,573	1,430	1,517	1,653	1,924	4,028
Invested Capital Turnover	1.82	2.40	2.44	2.96	2.86	2.05	2.64	2.79	2.88	1.72
Increase / (Decrease) in Invested Capital	-1,178	-641	51	-107	99	-143	87	136	271	2,104
Enterprise Value (EV)	3,279	4,252	4,117	2,779	2,660	2,821	3,370	3,287	4,073	5,283
Market Capitalization	1,820	3,068	3,758	1,903	2,019	2,312	2,963	2,816	3,821	3,087
Book Value per Share	$17.30	$14.02	$14.53	$11.68	$13.08	$13.30	$15.90	$17.50	$24.84	$27.43
Tangible Book Value per Share	$12.86	$11.39	$11.11	$7.92	$9.15	$9.20	$11.69	$13.03	$20.22	($5.51)
Total Capital	3,708	3,097	2,207	2,076	2,108	2,095	1,784	1,957	2,295	4,416
Total Debt	1,796	1,576	985	1,215	1,176	1,174	674	776	623	2,584
Total Long-Term Debt	1,730	1,562	980	1,211	1,169	1,166	669	774	620	2,580
Net Debt	1,425	1,147	358	875	641	509	407	471	252	2,196
Capital Expenditures (CapEx)	101	5.80	-760	82	74	65	58	110	93	136
Debt-free, Cash-free Net Working Capital (DFCFNWC)	1,377	879	726	873	619	498	597	661	758	863
Debt-free Net Working Capital (DFNWC)	1,748	1,307	1,353	1,212	1,154	1,163	864	965	1,129	1,251
Net Working Capital (NWC)	1,682	1,294	1,348	1,208	1,147	1,155	858	963	1,126	1,247
Net Nonoperating Expense (NNE)	63	76	26	234	229	67	50	43	50	97
Net Nonoperating Obligations (NNO)	259	9.00	358	613	641	509	407	471	252	2,196
Total Depreciation and Amortization (D&A)	132	97	67	60	50	50	50	47	56	82
Debt-free, Cash-free Net Working Capital to Revenue	27.42%	19.78%	19.14%	19.32%	14.22%	16.18%	15.35%	14.97%	14.71%	16.83%
Debt-free Net Working Capital to Revenue	34.81%	29.42%	35.66%	26.84%	26.51%	37.80%	22.22%	21.85%	21.91%	24.40%
Net Working Capital to Revenue	33.49%	29.11%	35.52%	26.75%	26.36%	37.55%	22.07%	21.81%	21.86%	24.32%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.36	($1.63)	$1.39	$1.51	$0.77	($0.15)	$3.17	$4.38	$7.67	$5.00
Adjusted Weighted Average Basic Shares Outstanding	107.40M	107.90M	92.80M	75.40M	71.10M	69.60M	69.70M	68.50M	67.50M	67M
Adjusted Diluted Earnings per Share	$1.33	($1.63)	$1.36	$1.48	$0.76	($0.15)	$3.12	$4.32	$7.58	$4.96
Adjusted Weighted Average Diluted Shares Outstanding	109.60M	107.90M	94.90M	76.90M	71.80M	70.10M	70.90M	69.40M	68.30M	67.60M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	108.60M	105.90M	81M	70.40M	70.70M	69.40M	69.70M	67.50M	67M	66.40M
Normalized Net Operating Profit after Tax (NOPAT)	212	24	155	347	284	56	270	343	568	432
Normalized NOPAT Margin	4.22%	0.54%	4.09%	7.69%	6.52%	1.82%	6.96%	7.77%	11.02%	8.42%
Pre Tax Income Margin	3.90%	-6.09%	4.31%	6.36%	5.69%	0.36%	6.79%	8.31%	11.26%	7.96%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.77	-1.69	2.31	4.79	3.74	1.11	4.22	8.43	10.10	5.44
NOPAT to Interest Expense	1.96	-0.97	1.29	4.72	3.23	0.85	3.34	7.01	9.01	4.85
EBIT Less CapEx to Interest Expense	1.84	-1.74	8.65	3.68	2.90	0.13	3.50	6.18	8.62	3.91
NOPAT Less CapEx to Interest Expense	1.03	-1.03	7.64	3.61	2.39	-0.13	2.63	4.76	7.54	3.32
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	17.32%	-17.09%	22.92%	26.39%	57.72%	-79.25%	15.17%	12.00%	8.30%	13.73%
Augmented Payout Ratio	51.41%	-64.22%	741.57%	402.37%	71.32%	-607.55%	16.52%	45.67%	20.46%	28.36%

This table displays calculated financial ratios and metrics derived from Terex's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	12.75%	23.01%	23.26%	30.27%	15.13%	0.44%	4.60%	-1.53%	-6.05%	1.44%
EBITDA Growth	53.33%	41.02%	84.17%	94.75%	34.02%	6.52%	2.91%	-7.36%	-29.59%	-44.96%
EBIT Growth	63.89%	47.82%	96.90%	104.87%	36.89%	1.18%	1.23%	-8.93%	-33.54%	-67.11%
NOPAT Growth	60.28%	76.17%	100.79%	102.62%	41.49%	34.92%	3.25%	-10.76%	-16.70%	-73.87%
Net Income Growth	70.06%	56.80%	116.96%	115.11%	45.48%	37.74%	-3.64%	-11.73%	-26.05%	-101.73%
EPS Growth	76.47%	59.04%	124.66%	118.69%	45.83%	40.15%	-2.44%	-11.11%	-25.14%	-101.62%
Operating Cash Flow Growth	54.64%	610.75%	117.60%	70.00%	63.96%	21.17%	-472.53%	-44.90%	-16.38%	-6.84%
Free Cash Flow Firm Growth	-179.07%	-15.26%	73.29%	52.16%	36.61%	-315.91%	-148.37%	-97.11%	-192.68%	-1,483.90%
Invested Capital Growth	17.15%	8.95%	11.09%	15.24%	13.69%	16.42%	15.06%	15.98%	20.53%	109.36%
Revenue Q/Q Growth	4.03%	8.69%	1.49%	13.55%	-8.06%	-5.18%	5.72%	6.90%	-12.28%	2.38%
EBITDA Q/Q Growth	16.90%	-0.84%	21.04%	38.37%	-19.55%	-21.18%	17.63%	24.57%	-38.86%	-38.39%
EBIT Q/Q Growth	19.09%	-1.17%	23.19%	41.07%	-20.43%	-26.95%	23.97%	26.91%	-41.93%	-63.85%
NOPAT Q/Q Growth	6.60%	13.49%	16.01%	43.50%	-25.56%	8.22%	-10.05%	24.02%	-30.51%	-66.05%
Net Income Q/Q Growth	10.39%	12.71%	22.13%	41.56%	-25.35%	6.72%	-14.43%	29.68%	-37.46%	-102.50%
EPS Q/Q Growth	12.15%	10.00%	24.24%	42.68%	-25.21%	5.71%	-13.51%	30.00%	-37.02%	-102.29%
Operating Cash Flow Q/Q Growth	19.58%	84.69%	-94.20%	1,226.37%	15.33%	36.49%	-117.78%	296.17%	75.04%	52.06%
Free Cash Flow Firm Q/Q Growth	3.29%	78.59%	-93.57%	-21.81%	-28.13%	-40.46%	-11.76%	3.33%	-90.25%	-660.12%
Invested Capital Q/Q Growth	0.35%	1.42%	9.97%	2.96%	-0.99%	3.85%	8.64%	3.78%	2.89%	80.39%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	21.16%	19.31%	22.55%	24.44%	22.64%	21.53%	23.00%	23.77%	20.21%	15.90%
EBITDA Margin	11.73%	10.70%	12.80%	15.60%	13.65%	11.35%	12.60%	14.68%	10.23%	6.16%
Operating Margin	10.78%	9.92%	11.95%	14.96%	12.64%	9.52%	12.25%	13.98%	10.07%	4.24%
EBIT Margin	10.69%	9.72%	11.82%	14.69%	12.71%	9.79%	11.44%	13.58%	8.99%	3.18%
Profit (Net Income) Margin	7.30%	7.57%	9.11%	11.36%	9.22%	10.38%	8.39%	10.18%	7.26%	-0.18%
Tax Burden Percent	76.16%	86.82%	84.53%	83.11%	79.87%	119.81%	79.49%	80.82%	88.89%	137.50%
Interest Burden Percent	89.65%	89.70%	91.17%	93.06%	90.85%	88.48%	92.29%	92.75%	90.83%	-4.06%
Effective Tax Rate	23.84%	13.56%	17.49%	16.68%	20.13%	-21.04%	20.51%	19.18%	11.11%	0.00%
Return on Invested Capital (ROIC)	22.78%	23.90%	26.56%	35.50%	29.83%	33.18%	25.95%	28.99%	22.38%	5.11%
ROIC Less NNEP Spread (ROIC-NNEP)	20.60%	21.12%	24.79%	32.44%	27.48%	29.34%	22.02%	25.08%	15.91%	1.92%
Return on Net Nonoperating Assets (RNNOA)	9.24%	8.10%	10.75%	13.26%	10.33%	7.44%	6.42%	6.05%	2.91%	1.34%
Return on Equity (ROE)	32.02%	32.00%	37.32%	48.76%	40.16%	40.62%	32.36%	35.04%	25.29%	6.46%
Cash Return on Invested Capital (CROIC)	3.96%	13.10%	12.96%	14.10%	17.73%	16.57%	15.26%	12.58%	7.42%	-56.19%
Operating Return on Assets (OROA)	14.82%	14.36%	17.68%	22.81%	20.33%	14.99%	16.93%	19.59%	12.69%	3.48%
Return on Assets (ROA)	10.12%	11.18%	13.62%	17.64%	14.75%	15.89%	12.42%	14.68%	10.24%	-0.19%
Return on Common Equity (ROCE)	32.02%	32.00%	37.32%	48.76%	40.16%	40.62%	32.36%	35.04%	25.29%	6.46%
Return on Equity Simple (ROE_SIMPLE)	25.77%	0.00%	27.86%	31.14%	32.30%	0.00%	29.67%	27.15%	23.72%	0.00%
Net Operating Profit after Tax (NOPAT)	92	104	122	175	130	141	126	156	108	37
NOPAT Margin	8.21%	8.57%	9.86%	12.46%	10.09%	11.52%	9.74%	11.29%	8.95%	2.97%
Net Nonoperating Expense Percent (NNEP)	2.18%	2.78%	1.77%	3.05%	2.35%	3.84%	3.93%	3.91%	6.47%	3.19%
Return On Investment Capital (ROIC_SIMPLE)	-	5.34%	-	-	-	6.14%	-	-	-	0.83%
Cost of Revenue to Revenue	78.84%	80.69%	77.45%	75.56%	77.36%	78.47%	77.00%	76.23%	79.79%	84.10%
SG&A Expenses to Revenue	10.38%	9.39%	10.60%	9.48%	10.00%	12.02%	10.75%	9.79%	10.15%	11.66%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	10.38%	9.39%	10.60%	9.48%	10.00%	12.02%	10.75%	9.79%	10.15%	11.66%
Earnings before Interest and Taxes (EBIT)	120	118	146	206	164	120	148	188	109	39
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	131	130	158	219	176	139	163	203	124	76
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.90	2.38	2.48	2.79	2.56	2.29	2.49	2.02	1.81	1.69
Price to Tangible Book Value (P/TBV)	2.65	3.20	3.24	3.55	3.21	2.81	3.02	2.42	2.16	0.00
Price to Revenue (P/Rev)	0.47	0.64	0.69	0.80	0.75	0.74	0.83	0.71	0.69	0.60
Price to Earnings (P/E)	7.38	9.39	8.89	8.96	7.94	7.38	8.38	7.43	7.63	9.22
Dividend Yield	1.76%	1.25%	1.14%	0.95%	1.05%	1.13%	1.03%	1.24%	1.29%	1.47%
Earnings Yield	13.54%	10.65%	11.25%	11.16%	12.60%	13.56%	11.93%	13.46%	13.11%	10.85%
Enterprise Value to Invested Capital (EV/IC)	1.57	1.99	2.05	2.37	2.26	2.12	2.23	1.86	1.71	1.31
Enterprise Value to Revenue (EV/Rev)	0.61	0.74	0.80	0.89	0.81	0.79	0.90	0.78	0.75	1.03
Enterprise Value to EBITDA (EV/EBITDA)	6.07	7.15	7.00	6.94	6.13	5.89	6.70	5.92	6.07	9.33
Enterprise Value to EBIT (EV/EBIT)	6.84	7.96	7.69	7.51	6.60	6.40	7.32	6.51	6.77	10.92
Enterprise Value to NOPAT (EV/NOPAT)	8.59	9.57	9.21	8.98	7.88	7.17	8.16	7.28	7.17	12.23
Enterprise Value to Operating Cash Flow (EV/OCF)	34.88	12.59	11.58	11.93	9.84	8.87	11.21	11.12	11.25	16.21
Enterprise Value to Free Cash Flow (EV/FCFF)	42.82	15.84	16.67	18.00	13.58	13.74	15.65	15.83	25.17	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.80	0.66	0.60	0.51	0.47	0.37	0.42	0.36	0.32	1.41
Long-Term Debt to Equity	0.80	0.65	0.60	0.51	0.47	0.37	0.42	0.36	0.32	1.41
Financial Leverage	0.45	0.38	0.43	0.41	0.38	0.25	0.29	0.24	0.18	0.70
Leverage Ratio	2.90	2.61	2.58	2.58	2.54	2.36	2.33	2.21	2.10	2.67
Compound Leverage Factor	2.60	2.34	2.35	2.40	2.31	2.09	2.15	2.05	1.90	-0.11
Debt to Total Capital	44.41%	39.63%	37.51%	33.97%	32.14%	27.15%	29.48%	26.74%	24.29%	58.51%
Short-Term Debt to Total Capital	0.10%	0.10%	0.10%	0.11%	0.11%	0.13%	0.13%	0.14%	0.15%	0.09%
Long-Term Debt to Total Capital	44.30%	39.54%	37.41%	33.86%	32.03%	27.02%	29.35%	26.60%	24.14%	58.42%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	55.59%	60.37%	62.49%	66.03%	67.86%	72.85%	70.52%	73.26%	75.71%	41.49%
Debt to EBITDA	1.96	1.69	1.46	1.15	1.04	0.90	1.04	0.98	1.00	4.57
Net Debt to EBITDA	1.41	1.02	0.98	0.69	0.52	0.36	0.52	0.51	0.44	3.88
Long-Term Debt to EBITDA	1.95	1.68	1.45	1.15	1.03	0.90	1.04	0.97	0.99	4.56
Debt to NOPAT	2.77	2.26	1.92	1.49	1.33	1.10	1.27	1.20	1.18	5.98
Net Debt to NOPAT	1.99	1.37	1.29	0.89	0.67	0.44	0.63	0.63	0.52	5.08
Long-Term Debt to NOPAT	2.76	2.25	1.91	1.49	1.33	1.09	1.26	1.20	1.17	5.97
Altman Z-Score	3.04	3.32	3.47	3.86	3.86	3.74	3.86	3.79	3.78	2.13
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.96	1.96	1.99	2.07	2.11	2.01	2.16	2.21	2.39	2.16
Quick Ratio	0.80	0.85	0.84	0.91	0.94	0.82	0.95	0.95	1.03	0.96
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-147	-31	-60	-73	-93	-131	-148	-143	-272	-2,067
Operating Cash Flow to CapEx	266.14%	502.56%	44.83%	642.02%	429.63%	345.45%	-96.86%	274.79%	402.77%	368.75%
Free Cash Flow to Firm to Interest Expense	-10.86	-2.40	-4.00	-4.71	-5.47	-8.31	-9.86	-9.16	-20.92	-45.53
Operating Cash Flow to Interest Expense	6.29	11.97	0.61	7.84	8.19	12.10	-2.26	4.26	8.95	3.90
Operating Cash Flow Less CapEx to Interest Expense	3.93	9.59	-0.75	6.62	6.28	8.60	-4.59	2.71	6.73	2.84
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.39	1.48	1.50	1.55	1.60	1.53	1.48	1.44	1.41	1.10
Accounts Receivable Turnover	8.02	8.37	8.05	8.03	8.75	9.41	7.92	7.41	7.77	8.61
Inventory Turnover	3.91	3.94	3.68	3.72	3.81	3.66	3.49	3.40	3.40	3.48
Fixed Asset Turnover	9.71	9.87	10.19	10.67	10.82	9.95	9.90	9.74	9.27	7.99
Accounts Payable Turnover	5.94	6.10	5.86	6.00	6.36	5.99	5.79	5.75	6.30	6.33
Days Sales Outstanding (DSO)	45.49	43.59	45.35	45.47	41.71	38.81	46.09	49.28	46.98	42.39
Days Inventory Outstanding (DIO)	93.28	92.71	99.22	98.01	95.79	99.83	104.63	107.27	107.38	104.90
Days Payable Outstanding (DPO)	61.41	59.80	62.28	60.86	57.42	60.95	63.03	63.50	57.91	57.69
Cash Conversion Cycle (CCC)	77.37	76.50	82.29	82.62	80.08	77.68	87.69	93.05	96.45	89.60
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,630	1,653	1,817	1,871	1,853	1,924	2,091	2,170	2,233	4,028
Invested Capital Turnover	2.77	2.79	2.69	2.85	2.96	2.88	2.67	2.57	2.50	1.72
Increase / (Decrease) in Invested Capital	239	136	181	247	223	271	274	299	380	2,104
Enterprise Value (EV)	2,564	3,287	3,729	4,434	4,192	4,073	4,667	4,026	3,816	5,283
Market Capitalization	1,969	2,816	3,207	3,995	3,835	3,821	4,308	3,679	3,540	3,087
Book Value per Share	$15.26	$17.50	$19.18	$21.12	$22.20	$24.84	$25.85	$27.10	$29.25	$27.43
Tangible Book Value per Share	$10.97	$13.03	$14.68	$16.58	$17.74	$20.22	$21.27	$22.56	$24.54	($5.51)
Total Capital	1,861	1,957	2,072	2,169	2,205	2,295	2,456	2,490	2,585	4,416
Total Debt	827	776	777	737	709	623	724	666	628	2,584
Total Long-Term Debt	825	774	775	734	706	620	721	662	624	2,580
Net Debt	595	471	523	439	356	252	359	346	276	2,196
Capital Expenditures (CapEx)	32	31	20	19	32	55	35	24	29	48
Debt-free, Cash-free Net Working Capital (DFCFNWC)	685	661	788	849	833	758	923	998	1,037	863
Debt-free Net Working Capital (DFNWC)	916	965	1,042	1,147	1,185	1,129	1,288	1,317	1,389	1,251
Net Working Capital (NWC)	914	963	1,040	1,144	1,182	1,126	1,284	1,314	1,385	1,247
Net Nonoperating Expense (NNE)	10	12	9.26	15	11	14	17	15	20	39
Net Nonoperating Obligations (NNO)	595	471	523	439	356	252	359	346	276	2,196
Total Depreciation and Amortization (D&A)	12	12	12	13	12	19	15	15	15	37
Debt-free, Cash-free Net Working Capital to Revenue	16.34%	14.97%	16.94%	17.06%	16.18%	14.71%	17.72%	19.24%	20.30%	16.83%
Debt-free Net Working Capital to Revenue	21.87%	21.85%	22.40%	23.04%	23.02%	21.91%	24.72%	25.39%	27.19%	24.40%
Net Working Capital to Revenue	21.82%	21.81%	22.36%	22.99%	22.98%	21.86%	24.66%	25.33%	27.11%	24.32%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.21	$1.35	$1.66	$2.36	$1.77	$1.88	$1.62	$2.09	$1.32	($0.03)
Adjusted Weighted Average Basic Shares Outstanding	67.80M	68.50M	67.70M	67.60M	67.40M	67.50M	67M	67.20M	66.90M	67M
Adjusted Diluted Earnings per Share	$1.20	$1.32	$1.64	$2.34	$1.75	$1.85	$1.60	$2.08	$1.31	($0.03)
Adjusted Weighted Average Diluted Shares Outstanding	68.40M	69.40M	68.80M	68.10M	68.20M	68.30M	67.90M	67.70M	67.40M	67.60M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	67.50M	67.50M	67.80M	67.40M	67.30M	67M	67.30M	66.90M	66.80M	66.40M
Normalized Net Operating Profit after Tax (NOPAT)	92	104	122	175	130	81	126	156	108	37
Normalized NOPAT Margin	8.21%	8.57%	9.86%	12.46%	10.09%	6.66%	9.74%	11.29%	8.95%	2.97%
Pre Tax Income Margin	9.59%	8.72%	10.78%	13.67%	11.55%	8.67%	10.56%	12.60%	8.17%	-0.13%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	8.87	9.04	9.81	13.38	9.65	7.63	9.86	12.03	8.38	0.87
NOPAT to Interest Expense	6.82	7.97	8.18	11.36	7.66	8.97	8.39	10.00	8.34	0.81
EBIT Less CapEx to Interest Expense	6.51	6.66	8.44	12.16	7.74	4.13	7.53	10.48	6.16	-0.19
NOPAT Less CapEx to Interest Expense	4.45	5.59	6.82	10.14	5.75	5.47	6.06	8.45	6.12	-0.25
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	13.20%	12.00%	10.17%	8.50%	8.44%	8.30%	8.64%	9.23%	9.74%	13.73%
Augmented Payout Ratio	49.93%	45.67%	34.27%	20.56%	16.87%	20.46%	20.78%	19.10%	22.84%	28.36%

Frequently Asked Questions About Terex's Financials

When does Terex's fiscal year end?

According to the most recent income statement we have on file, Terex's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Terex's net income changed over the last 9 years?

Terex's net income appears to be on an upward trend, with a most recent value of $335 million in 2024, rising from $149 million in 2015. The previous period was $518 million in 2023. View Terex's forecast to see where analysts expect Terex to go next.

What is Terex's operating income?

Terex's total operating income in 2024 was $526 million, based on the following breakdown:

Total Gross Profit: $1.07 billion
Total Operating Expenses: $542 million

How has Terex revenue changed over the last 9 years?

Over the last 9 years, Terex's total revenue changed from $5.02 billion in 2015 to $5.13 billion in 2024, a change of 2.1%.

How much debt does Terex have?

Terex's total liabilities were at $3.90 billion at the end of 2024, a 100.6% increase from 2023, and a 5.2% increase since 2015.

How much cash does Terex have?

In the past 9 years, Terex's cash and equivalents has ranged from $266.90 million in 2021 to $665 million in 2020, and is currently $388 million as of their latest financial filing in 2024.

How has Terex's book value per share changed over the last 9 years?

Over the last 9 years, Terex's book value per share changed from 17.30 in 2015 to 27.43 in 2024, a change of 58.5%.

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This page (NYSE:TEX) was last updated on 5/7/2025 by MarketBeat.com Staff

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Terex (TEX) Financials

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