Terex (TEX) Financials

$47.21 +2.60 (+5.82%)

Closing price 05/27/2025 03:59 PM Eastern

Extended Trading

$47.22 +0.01 (+0.03%)

As of 07:22 AM 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	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	335	518	300	221	-11	54	114	129	-176	146
Consolidated Net Income / (Loss)	335	518	300	221	-11	54	114	129	-176	149
Net Income / (Loss) Continuing Operations	335	517	300	218	9.00	210	242	111	-193	128
Total Pre-Tax Income	408	580	367	264	11	248	287	163	-271	196
Total Operating Income	526	637	420	328	68	335	413	228	-142	324
Total Gross Profit	1,068	1,177	871	757	539	888	962	767	712	971
Total Revenue	5,127	5,152	4,418	3,887	3,076	4,353	4,517	3,794	4,443	5,022
Operating Revenue	5,127	5,152	4,418	3,887	3,076	4,353	4,517	3,794	4,443	5,022
Total Cost of Revenue	4,059	3,975	3,547	3,129	2,537	3,465	3,555	3,026	3,731	4,051
Operating Cost of Revenue	4,059	3,975	3,547	3,129	2,537	3,465	3,555	3,026	3,731	4,051
Total Operating Expenses	542	540	451	429	471	553	549	539	854	648
Selling, General & Admin Expense	542	540	451	429	471	553	549	539	678	648
Total Other Income / (Expense), net	-118	-57	-53	-64	-57	-88	-125	-65	-129	-128
Interest Expense	89	63	49	81	66	88	74	120	102	108
Interest & Investment Income	13	7.00	3.00	3.70	3.60	6.50	8.70	6.30	4.30	3.80
Other Income / (Expense), net	-42	-1.00	-7.00	13	4.90	-6.10	-61	49	-31	-24
Income Tax Expense	73	63	67	46	2.00	38	45	52	-77	68
Net Income / (Loss) Discontinued Operations	0.00	-	-	3.40	-20	-155	-130	-50	14	17
Basic Earnings per Share	$5.00	$7.67	$4.38	$3.17	($0.15)	$0.77	$1.51	$1.39	($1.63)	$1.36
Weighted Average Basic Shares Outstanding	67M	67.50M	68.50M	69.70M	69.60M	71.10M	75.40M	92.80M	107.90M	107.40M
Diluted Earnings per Share	$4.96	$7.58	$4.32	$3.12	($0.15)	$0.76	$1.48	$1.36	($1.63)	$1.33
Weighted Average Diluted Shares Outstanding	67.60M	68.30M	69.40M	70.90M	70.10M	71.80M	76.90M	94.90M	107.90M	109.60M
Weighted Average Basic & Diluted Shares Outstanding	66.40M	67M	67.50M	69.70M	69.40M	70.70M	75.30M	92.60M	108M	107.30M
Cash Dividends to Common per Share	$0.68	$0.64	$0.52	$0.48	$0.12	$0.44	$0.40	$0.32	$0.07	$0.06

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

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	21	-2.20	88	141	109	127	119	159	113	92	82
Consolidated Net Income / (Loss)	21	-2.20	88	141	109	127	119	159	113	92	82
Net Income / (Loss) Continuing Operations	21	-2.20	88	141	109	128	119	160	110	92	82
Total Pre-Tax Income	26	-1.60	99	174	137	106	149	192	133	106	107
Total Operating Income	69	53	122	193	158	116	163	210	148	121	121
Total Gross Profit	230	197	245	328	297	263	292	343	279	235	237
Total Revenue	1,229	1,241	1,212	1,382	1,293	1,223	1,290	1,403	1,236	1,218	1,121
Operating Revenue	1,229	1,241	1,212	1,382	1,293	1,223	1,290	1,403	1,236	1,218	1,121
Total Cost of Revenue	999	1,044	967	1,053	995	960	998	1,060	957	983	883
Operating Cost of Revenue	999	1,044	967	1,053	995	960	998	1,060	957	983	883
Total Operating Expenses	161	145	123	135	139	147	129	133	131	114	116
Selling, General & Admin Expense	161	145	123	135	139	147	129	133	131	114	116
Total Other Income / (Expense), net	-43	-54	-23	-19	-22	-10	-14	-18	-15	-15	-13
Interest Expense	43	45	13	16	15	16	17	15	15	13	14
Interest & Investment Income	2.00	4.40	3.00	2.00	3.60	1.90	2.00	1.10	2.00	0.90	1.10
Other Income / (Expense), net	-2.00	-13	-13	-5.40	-10	3.40	1.00	-3.80	-1.60	-2.40	-1.00
Income Tax Expense	5.00	0.60	11	33	28	-22	30	32	23	14	26
Basic Earnings per Share	$0.32	($0.03)	$1.32	$2.09	$1.62	$1.88	$1.77	$2.36	$1.66	$1.35	$1.21
Weighted Average Basic Shares Outstanding	66.30M	67M	66.90M	67.20M	67M	67.50M	67.40M	67.60M	67.70M	68.50M	67.80M
Diluted Earnings per Share	$0.31	($0.03)	$1.31	$2.08	$1.60	$1.85	$1.75	$2.34	$1.64	$1.32	$1.20
Weighted Average Diluted Shares Outstanding	66.90M	67.60M	67.40M	67.70M	67.90M	68.30M	68.20M	68.10M	68.80M	69.40M	68.40M
Weighted Average Basic & Diluted Shares Outstanding	65.60M	66.40M	66.80M	66.90M	67.30M	67M	67.30M	67.40M	67.80M	67.50M	67.50M
Cash Dividends to Common per Share	$0.17	-	$0.17	$0.17	$0.17	-	$0.17	$0.15	$0.15	-	$0.13

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

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	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-90	36	32	-46	-5.80	19	54	44	-50	72	-22
Net Cash From Operating Activities	-21	177	116	67	-34	190	139	121	9.10	157	85
Net Cash From Continuing Operating Activities	-21	177	116	67	-34	190	139	121	9.10	157	85
Net Income / (Loss) Continuing Operations	21	-2.00	88	141	109	127	119	159	113	92	82
Consolidated Net Income / (Loss)	21	-2.00	88	141	109	127	119	159	113	92	82
Depreciation Expense	39	37	15	15	15	19	12	13	12	12	12
Non-Cash Adjustments To Reconcile Net Income	12	9.00	3.30	14	28	15	11	12	15	11	16
Changes in Operating Assets and Liabilities, net	-93	133	10	-104	-186	29	-2.80	-64	-130	42	-24
Net Cash From Investing Activities	-26	-2,047	-29	-16	-36	-60	-33	8.70	-30	-30	-70
Net Cash From Continuing Investing Activities	-26	-2,047	-29	-16	-36	-60	-33	8.70	-30	-30	-70
Purchase of Property, Plant & Equipment	-36	-49	-29	-24	-35	-55	-33	-19	-20	-31	-32
Acquisitions	-2.00	-1,999	-0.20	-	-1.80	-8.00	-0.20	-5.80	-10	0.10	-42
Sale of Property, Plant & Equipment	2.00	1.00	-0.10	-	-	-	0.50	-	-	-	-0.10
Other Investing Activities, net	10	-	0.40	8.60	1.00	3.00	-0.40	-0.20	0.60	1.50	4.20
Net Cash From Financing Activities	-50	1,925	-66	-94	71	-127	-42	-87	-32	-68	-25
Net Cash From Continuing Financing Activities	-50	1,925	-66	-94	71	-127	-42	-87	-32	-68	-25
Repayment of Debt	-68	-130	-46	-67	-42	-144	-30	-114	-137	-121	-71
Repurchase of Common Equity	-32	-15	-13	-19	-2.90	-27	-0.60	-32	-3.30	-4.40	-14
Payment of Dividends	-11	-12	-11	-11	-11	-11	-12	-10	-10	-9.20	-8.80
Issuance of Debt	61	2,082	4.00	3.80	127	55	0.30	69	119	67	69
Effect of Exchange Rate Changes	7.00	-19	10	-3.00	-7.30	16	-9.80	1.40	2.40	13	-12

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

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	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	5,840	3,781	3,780	3,760	3,461	3,415	3,281	2,977
Total Current Assets	2,436	2,381	2,402	2,390	2,245	2,218	2,090	1,867
Cash & Equivalents	298	352	319	365	352	298	254	232
Accounts Receivable	783	670	719	685	645	681	630	531
Inventories, net	1,204	1,222	1,233	1,218	1,117	1,122	1,083	981
Prepaid Expenses	151	137	130	122	130	117	123	123
Plant, Property, & Equipment, net	720	602	575	574	501	491	479	450
Total Noncurrent Assets	2,684	798	803	797	716	707	712	659
Goodwill	1,086	301	291	292	285	291	287	273
Intangible Assets	1,088	14	14	15	16	17	17	18
Other Noncurrent Operating Assets	510	483	498	490	416	399	408	369
Total Liabilities & Shareholders' Equity	5,840	3,781	3,780	3,760	3,461	3,415	3,281	2,977
Total Liabilities	3,996	1,824	1,956	2,028	1,965	1,983	1,987	1,942
Total Current Liabilities	1,153	996	1,088	1,105	1,062	1,074	1,051	953
Short-Term Debt	4.00	4.00	3.40	3.20	2.40	2.40	2.10	1.90
Accounts Payable	668	593	704	699	668	690	687	589
Current Employee Benefit Liabilities	117	109	99	-	-	-	-	-
Other Current Liabilities	364	290	282	403	391	381	362	314
Total Noncurrent Liabilities	2,843	828	868	923	903	909	936	989
Long-Term Debt	2,582	624	662	721	706	734	775	825
Other Noncurrent Operating Liabilities	261	204	206	202	197	175	161	165
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,844	1,957	1,824	1,732	1,496	1,432	1,295	1,035
Total Preferred & Common Equity	1,844	1,957	1,824	1,732	1,496	1,432	1,295	1,035
Total Common Equity	1,844	1,957	1,824	1,732	1,496	1,432	1,295	1,035
Common Stock	920	915	910	901	889	880	870	875
Retained Earnings	1,974	1,977	1,901	1,772	1,560	1,452	1,303	1,117
Treasury Stock	-700	-656	-644	-625	-595	-595	-563	-556
Accumulated Other Comprehensive Income / (Loss)	-350	-279	-343	-316	-357	-305	-315	-401

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

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

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

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-4.88%	1.44%	-6.05%	-1.53%	4.60%	0.44%	15.13%	30.27%	23.26%	23.01%	12.75%
EBITDA Growth	-34.97%	-44.96%	-29.59%	-7.36%	2.91%	6.52%	34.02%	94.75%	84.17%	41.02%	53.33%
EBIT Growth	-54.73%	-67.11%	-33.54%	-8.93%	1.23%	1.18%	36.89%	104.87%	96.90%	47.82%	63.89%
NOPAT Growth	-55.67%	-73.87%	-16.70%	-10.76%	3.25%	34.92%	41.49%	102.62%	100.79%	76.17%	60.28%
Net Income Growth	-80.73%	-101.73%	-26.05%	-11.73%	-3.64%	37.74%	45.48%	115.11%	116.96%	56.80%	70.06%
EPS Growth	-80.63%	-101.62%	-25.14%	-11.11%	-2.44%	40.15%	45.83%	118.69%	124.66%	59.04%	76.47%
Operating Cash Flow Growth	38.24%	-6.84%	-16.38%	-44.90%	-472.53%	21.17%	63.96%	70.00%	117.60%	610.75%	54.64%
Free Cash Flow Firm Growth	-1,241.40%	-1,483.90%	-192.68%	-97.11%	-148.37%	-315.91%	36.61%	52.16%	73.29%	-15.26%	-179.07%
Invested Capital Growth	97.60%	109.36%	20.53%	15.98%	15.06%	16.42%	13.69%	15.24%	11.09%	8.95%	17.15%
Revenue Q/Q Growth	-0.95%	2.38%	-12.28%	6.90%	5.72%	-5.18%	-8.06%	13.55%	1.49%	8.69%	4.03%
EBITDA Q/Q Growth	38.74%	-38.39%	-38.86%	24.57%	17.63%	-21.18%	-19.55%	38.37%	21.04%	-0.84%	16.90%
EBIT Q/Q Growth	70.05%	-63.85%	-41.93%	26.91%	23.97%	-26.95%	-20.43%	41.07%	23.19%	-1.17%	19.09%
NOPAT Q/Q Growth	51.36%	-66.05%	-30.51%	24.02%	-10.05%	8.22%	-25.56%	43.50%	16.01%	13.49%	6.60%
Net Income Q/Q Growth	1,054.55%	-102.50%	-37.46%	29.68%	-14.43%	6.72%	-25.35%	41.56%	22.13%	12.71%	10.39%
EPS Q/Q Growth	1,133.33%	-102.29%	-37.02%	30.00%	-13.51%	5.71%	-25.21%	42.68%	24.24%	10.00%	12.15%
Operating Cash Flow Q/Q Growth	-111.86%	52.06%	75.04%	296.17%	-117.78%	36.49%	15.33%	1,226.37%	-94.20%	84.69%	19.58%
Free Cash Flow Firm Q/Q Growth	3.97%	-660.12%	-90.25%	3.33%	-11.76%	-40.46%	-28.13%	-21.81%	-93.57%	78.59%	3.29%
Invested Capital Q/Q Growth	2.58%	80.39%	2.89%	3.78%	8.64%	3.85%	-0.99%	2.96%	9.97%	1.42%	0.35%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	18.71%	15.90%	20.21%	23.77%	23.00%	21.53%	22.64%	24.44%	22.55%	19.31%	21.16%
EBITDA Margin	8.62%	6.16%	10.23%	14.68%	12.60%	11.35%	13.65%	15.60%	12.80%	10.70%	11.73%
Operating Margin	5.61%	4.24%	10.07%	13.98%	12.25%	9.52%	12.64%	14.96%	11.95%	9.92%	10.78%
EBIT Margin	5.45%	3.18%	8.99%	13.58%	11.44%	9.79%	12.71%	14.69%	11.82%	9.72%	10.69%
Profit (Net Income) Margin	1.71%	-0.18%	7.26%	10.18%	8.39%	10.38%	9.22%	11.36%	9.11%	7.57%	7.30%
Tax Burden Percent	80.77%	137.50%	88.89%	80.82%	79.49%	119.81%	79.87%	83.11%	84.53%	86.82%	76.16%
Interest Burden Percent	38.81%	-4.06%	90.83%	92.75%	92.29%	88.48%	90.85%	93.06%	91.17%	89.70%	89.65%
Effective Tax Rate	19.23%	0.00%	11.11%	19.18%	20.51%	-21.04%	20.13%	16.68%	17.49%	13.56%	23.84%
Return on Invested Capital (ROIC)	7.38%	5.11%	22.38%	28.99%	25.95%	33.18%	29.83%	35.50%	26.56%	23.90%	22.78%
ROIC Less NNEP Spread (ROIC-NNEP)	4.76%	1.92%	15.91%	25.08%	22.02%	29.34%	27.48%	32.44%	24.79%	21.12%	20.60%
Return on Net Nonoperating Assets (RNNOA)	3.52%	1.34%	2.91%	6.05%	6.42%	7.44%	10.33%	13.26%	10.75%	8.10%	9.24%
Return on Equity (ROE)	10.90%	6.46%	25.29%	35.04%	32.36%	40.62%	40.16%	48.76%	37.32%	32.00%	32.02%
Cash Return on Invested Capital (CROIC)	-53.91%	-56.19%	7.42%	12.58%	15.26%	16.57%	17.73%	14.10%	12.96%	13.10%	3.96%
Operating Return on Assets (OROA)	5.75%	3.48%	12.69%	19.59%	16.93%	14.99%	20.33%	22.81%	17.68%	14.36%	14.82%
Return on Assets (ROA)	1.80%	-0.19%	10.24%	14.68%	12.42%	15.89%	14.75%	17.64%	13.62%	11.18%	10.12%
Return on Common Equity (ROCE)	10.90%	6.46%	25.29%	35.04%	32.36%	40.62%	40.16%	48.76%	37.32%	32.00%	32.02%
Return on Equity Simple (ROE_SIMPLE)	13.39%	0.00%	23.72%	27.15%	29.67%	0.00%	32.30%	31.14%	27.86%	0.00%	25.77%
Net Operating Profit after Tax (NOPAT)	56	37	108	156	126	141	130	175	122	104	92
NOPAT Margin	4.53%	2.97%	8.95%	11.29%	9.74%	11.52%	10.09%	12.46%	9.86%	8.57%	8.21%
Net Nonoperating Expense Percent (NNEP)	2.62%	3.19%	6.47%	3.91%	3.93%	3.84%	2.35%	3.05%	1.77%	2.78%	2.18%
Return On Investment Capital (ROIC_SIMPLE)	1.26%	0.83%	-	-	-	6.14%	-	-	-	5.34%	-
Cost of Revenue to Revenue	81.29%	84.10%	79.79%	76.23%	77.00%	78.47%	77.36%	75.56%	77.45%	80.69%	78.84%
SG&A Expenses to Revenue	13.10%	11.66%	10.15%	9.79%	10.75%	12.02%	10.00%	9.48%	10.60%	9.39%	10.38%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	13.10%	11.66%	10.15%	9.79%	10.75%	12.02%	10.00%	9.48%	10.60%	9.39%	10.38%
Earnings before Interest and Taxes (EBIT)	67	39	109	188	148	120	164	206	146	118	120
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	106	76	124	203	163	139	176	219	158	130	131
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.36	1.69	1.81	2.02	2.49	2.29	2.56	2.79	2.48	2.38	1.90
Price to Tangible Book Value (P/TBV)	0.00	0.00	2.16	2.42	3.02	2.81	3.21	3.55	3.24	3.20	2.65
Price to Revenue (P/Rev)	0.50	0.60	0.69	0.71	0.83	0.74	0.75	0.80	0.69	0.64	0.47
Price to Earnings (P/E)	10.16	9.22	7.63	7.43	8.38	7.38	7.94	8.96	8.89	9.39	7.38
Dividend Yield	1.80%	1.47%	1.29%	1.24%	1.03%	1.13%	1.05%	0.95%	1.14%	1.25%	1.76%
Earnings Yield	9.85%	10.85%	13.11%	13.46%	11.93%	13.56%	12.60%	11.16%	11.25%	10.65%	13.54%
Enterprise Value to Invested Capital (EV/IC)	1.16	1.31	1.71	1.86	2.23	2.12	2.26	2.37	2.05	1.99	1.57
Enterprise Value to Revenue (EV/Rev)	0.95	1.03	0.75	0.78	0.90	0.79	0.81	0.89	0.80	0.74	0.61
Enterprise Value to EBITDA (EV/EBITDA)	9.42	9.33	6.07	5.92	6.70	5.89	6.13	6.94	7.00	7.15	6.07
Enterprise Value to EBIT (EV/EBIT)	11.90	10.92	6.77	6.51	7.32	6.40	6.60	7.51	7.69	7.96	6.84
Enterprise Value to NOPAT (EV/NOPAT)	13.20	12.23	7.17	7.28	8.16	7.17	7.88	8.98	9.21	9.57	8.59
Enterprise Value to Operating Cash Flow (EV/OCF)	14.15	16.21	11.25	11.12	11.21	8.87	9.84	11.93	11.58	12.59	34.88
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	25.17	15.83	15.65	13.74	13.58	18.00	16.67	15.84	42.82
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.40	1.41	0.32	0.36	0.42	0.37	0.47	0.51	0.60	0.66	0.80
Long-Term Debt to Equity	1.40	1.41	0.32	0.36	0.42	0.37	0.47	0.51	0.60	0.65	0.80
Financial Leverage	0.74	0.70	0.18	0.24	0.29	0.25	0.38	0.41	0.43	0.38	0.45
Leverage Ratio	2.68	2.67	2.10	2.21	2.33	2.36	2.54	2.58	2.58	2.61	2.90
Compound Leverage Factor	1.04	-0.11	1.90	2.05	2.15	2.09	2.31	2.40	2.35	2.34	2.60
Debt to Total Capital	58.37%	58.51%	24.29%	26.74%	29.48%	27.15%	32.14%	33.97%	37.51%	39.63%	44.41%
Short-Term Debt to Total Capital	0.09%	0.09%	0.15%	0.14%	0.13%	0.13%	0.11%	0.11%	0.10%	0.10%	0.10%
Long-Term Debt to Total Capital	58.28%	58.42%	24.14%	26.60%	29.35%	27.02%	32.03%	33.86%	37.41%	39.54%	44.30%
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%	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%	0.00%
Common Equity to Total Capital	41.63%	41.49%	75.71%	73.26%	70.52%	72.85%	67.86%	66.03%	62.49%	60.37%	55.59%
Debt to EBITDA	5.08	4.57	1.00	0.98	1.04	0.90	1.04	1.15	1.46	1.69	1.96
Net Debt to EBITDA	4.50	3.88	0.44	0.51	0.52	0.36	0.52	0.69	0.98	1.02	1.41
Long-Term Debt to EBITDA	5.07	4.56	0.99	0.97	1.04	0.90	1.03	1.15	1.45	1.68	1.95
Debt to NOPAT	7.12	5.98	1.18	1.20	1.27	1.10	1.33	1.49	1.92	2.26	2.77
Net Debt to NOPAT	6.30	5.08	0.52	0.63	0.63	0.44	0.67	0.89	1.29	1.37	1.99
Long-Term Debt to NOPAT	7.10	5.97	1.17	1.20	1.26	1.09	1.33	1.49	1.91	2.25	2.76
Altman Z-Score	2.02	2.13	3.78	3.79	3.86	3.74	3.86	3.86	3.47	3.32	3.04
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.11	2.16	2.39	2.21	2.16	2.01	2.11	2.07	1.99	1.96	1.96
Quick Ratio	0.94	0.96	1.03	0.95	0.95	0.82	0.94	0.91	0.84	0.85	0.80
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-1,985	-2,067	-272	-143	-148	-131	-93	-73	-60	-31	-147
Operating Cash Flow to CapEx	-61.76%	368.75%	402.77%	274.79%	-96.86%	345.45%	429.63%	642.02%	44.83%	502.56%	266.14%
Free Cash Flow to Firm to Interest Expense	-46.17	-45.53	-20.92	-9.16	-9.86	-8.31	-5.47	-4.71	-4.00	-2.40	-10.86
Operating Cash Flow to Interest Expense	-0.49	3.90	8.95	4.26	-2.26	12.10	8.19	7.84	0.61	11.97	6.29
Operating Cash Flow Less CapEx to Interest Expense	-1.28	2.84	6.73	2.71	-4.59	8.60	6.28	6.62	-0.75	9.59	3.93
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.06	1.10	1.41	1.44	1.48	1.53	1.60	1.55	1.50	1.48	1.39
Accounts Receivable Turnover	6.90	8.61	7.77	7.41	7.92	9.41	8.75	8.03	8.05	8.37	8.02
Inventory Turnover	3.36	3.48	3.40	3.40	3.49	3.66	3.81	3.72	3.68	3.94	3.91
Fixed Asset Turnover	7.83	7.99	9.27	9.74	9.90	9.95	10.82	10.67	10.19	9.87	9.71
Accounts Payable Turnover	5.94	6.33	6.30	5.75	5.79	5.99	6.36	6.00	5.86	6.10	5.94
Days Sales Outstanding (DSO)	52.92	42.39	46.98	49.28	46.09	38.81	41.71	45.47	45.35	43.59	45.49
Days Inventory Outstanding (DIO)	108.77	104.90	107.38	107.27	104.63	99.83	95.79	98.01	99.22	92.71	93.28
Days Payable Outstanding (DPO)	61.42	57.69	57.91	63.50	63.03	60.95	57.42	60.86	62.28	59.80	61.41
Cash Conversion Cycle (CCC)	100.27	89.60	96.45	93.05	87.69	77.68	80.08	82.62	82.29	76.50	77.37
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	4,132	4,028	2,233	2,170	2,091	1,924	1,853	1,871	1,817	1,653	1,630
Invested Capital Turnover	1.63	1.72	2.50	2.57	2.67	2.88	2.96	2.85	2.69	2.79	2.77
Increase / (Decrease) in Invested Capital	2,041	2,104	380	299	274	271	223	247	181	136	239
Enterprise Value (EV)	4,797	5,283	3,816	4,026	4,667	4,073	4,192	4,434	3,729	3,287	2,564
Market Capitalization	2,509	3,087	3,540	3,679	4,308	3,821	3,835	3,995	3,207	2,816	1,969
Book Value per Share	$27.77	$27.43	$29.25	$27.10	$25.85	$24.84	$22.20	$21.12	$19.18	$17.50	$15.26
Tangible Book Value per Share	($4.97)	($5.51)	$24.54	$22.56	$21.27	$20.22	$17.74	$16.58	$14.68	$13.03	$10.97
Total Capital	4,430	4,416	2,585	2,490	2,456	2,295	2,205	2,169	2,072	1,957	1,861
Total Debt	2,586	2,584	628	666	724	623	709	737	777	776	827
Total Long-Term Debt	2,582	2,580	624	662	721	620	706	734	775	774	825
Net Debt	2,288	2,196	276	346	359	252	356	439	523	471	595
Capital Expenditures (CapEx)	34	48	29	24	35	55	32	19	20	31	32
Debt-free, Cash-free Net Working Capital (DFCFNWC)	989	863	1,037	998	923	758	833	849	788	661	685
Debt-free Net Working Capital (DFNWC)	1,287	1,251	1,389	1,317	1,288	1,129	1,185	1,147	1,042	965	916
Net Working Capital (NWC)	1,283	1,247	1,385	1,314	1,284	1,126	1,182	1,144	1,040	963	914
Net Nonoperating Expense (NNE)	35	39	20	15	17	14	11	15	9.26	12	10
Net Nonoperating Obligations (NNO)	2,288	2,196	276	346	359	252	356	439	523	471	595
Total Depreciation and Amortization (D&A)	39	37	15	15	15	19	12	13	12	12	12
Debt-free, Cash-free Net Working Capital to Revenue	19.53%	16.83%	20.30%	19.24%	17.72%	14.71%	16.18%	17.06%	16.94%	14.97%	16.34%
Debt-free Net Working Capital to Revenue	25.41%	24.40%	27.19%	25.39%	24.72%	21.91%	23.02%	23.04%	22.40%	21.85%	21.87%
Net Working Capital to Revenue	25.34%	24.32%	27.11%	25.33%	24.66%	21.86%	22.98%	22.99%	22.36%	21.81%	21.82%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.32	($0.03)	$1.32	$2.09	$1.62	$1.88	$1.77	$2.36	$1.66	$1.35	$1.21
Adjusted Weighted Average Basic Shares Outstanding	66.30M	67M	66.90M	67.20M	67M	67.50M	67.40M	67.60M	67.70M	68.50M	67.80M
Adjusted Diluted Earnings per Share	$0.31	($0.03)	$1.31	$2.08	$1.60	$1.85	$1.75	$2.34	$1.64	$1.32	$1.20
Adjusted Weighted Average Diluted Shares Outstanding	66.90M	67.60M	67.40M	67.70M	67.90M	68.30M	68.20M	68.10M	68.80M	69.40M	68.40M
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	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	65.60M	66.40M	66.80M	66.90M	67.30M	67M	67.30M	67.40M	67.80M	67.50M	67.50M
Normalized Net Operating Profit after Tax (NOPAT)	56	37	108	156	126	81	130	175	122	104	92
Normalized NOPAT Margin	4.53%	2.97%	8.95%	11.29%	9.74%	6.66%	10.09%	12.46%	9.86%	8.57%	8.21%
Pre Tax Income Margin	2.12%	-0.13%	8.17%	12.60%	10.56%	8.67%	11.55%	13.67%	10.78%	8.72%	9.59%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.56	0.87	8.38	12.03	9.86	7.63	9.65	13.38	9.81	9.04	8.87
NOPAT to Interest Expense	1.30	0.81	8.34	10.00	8.39	8.97	7.66	11.36	8.18	7.97	6.82
EBIT Less CapEx to Interest Expense	0.77	-0.19	6.16	10.48	7.53	4.13	7.74	12.16	8.44	6.66	6.51
NOPAT Less CapEx to Interest Expense	0.51	-0.25	6.12	8.45	6.06	5.47	5.75	10.14	6.82	5.59	4.45
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	18.62%	13.73%	9.74%	9.23%	8.64%	8.30%	8.44%	8.50%	10.17%	12.00%	13.20%
Augmented Payout Ratio	50.20%	28.36%	22.84%	19.10%	20.78%	20.46%	16.87%	20.56%	34.27%	45.67%	49.93%

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 5/28/2025 by MarketBeat.com Staff

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Terex (TEX) Financials

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