TEX Financials Terex Corp

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 28 h ago Overview →

Growth & profitability

Revenue has grown 12.0% per year over the past 5 years.
Operating margin has expanded, at 8.8% in the latest year.
Free cash flow has grown 14.9% per year over the past 5 years.

Financial health

Total debt ($2.6B) exceeds cash ($772M); net debt is $1.8B.
Total debt has grown faster than revenue (17.2% vs 12.0% per year).
Operating income covered interest expense 2.7× in the latest year, up from 1.0× 5 years ago.
Total debt is 4.1× EBITDA.

Shareholder returns

Dividends have been paid for 13 consecutive years, consuming 20.4% of earnings and 14.0% of free cash flow.
The dividend has grown 39.9% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
2025	$5.4B	$221M	19.4%	8.8%	$322M	$2.6B	$772M
2024	$5.1B	$335M	20.8%	10.3%	$189M	$2.6B	$388M
2023	$5.2B	$518M	22.8%	12.4%	$332M	$601M	$371M
2022	$4.4B	$300M	19.7%	9.5%	$151M	$777M	$304M
2021	$3.9B	$221M	19.5%	8.4%	$234M	$674M	$267M
2020	$3.1B	-$11M	17.5%	2.2%	$161M	$1.2B	$665M
2019	$4.4B	$54M	20.4%	7.7%	$68M	$1.2B	$535M
2018	$4.5B	$114M	21.3%	9.1%	$3M	$1.2B	$340M
2017	$3.8B	$129M	20.2%	6.0%	$121M	$985M	$572M
2016	—	-$176M	—	—	$319M	$1.6B	$429M
2015	—	$146M	—	—	$146M	$1.8B	$371M
2014	—	$319M	—	—	$372M	$1.8B	$393M
2013	—	$226M	—	—	$109M	$2.0B	$408M
2012	—	$106M	—	—	$211M	$2.1B	$678M
2011	—	$45M	—	—	-$55M	$2.3B	$774M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
Mar '26	$1.7B	-$89M	11.9%	-4.7%	-$57M	$2.7B	$392M
Dec '25	$1.3B	$63M	18.8%	10.4%	$171M	$2.6B	$772M
Sep '25	$1.4B	$65M	20.3%	10.1%	$130M	$2.6B	$509M
Jun '25	$1.5B	$72M	19.6%	8.7%	$78M	$2.6B	$374M
Mar '25	$1.2B	$21M	20.1%	5.6%	-$57M	$2.6B	$298M
Dec '24	$1.2B	-$2M	15.9%	4.3%	$128M	$2.6B	$388M
Sep '24	$1.2B	$88M	20.2%	10.1%	$87M	$624M	$352M
Jun '24	$1.4B	$141M	23.8%	14.0%	$43M	$662M	$319M
Mar '24	$1.3B	$109M	23.0%	12.2%	-$69M	$721M	$365M
Dec '23	$1.2B	$127M	21.5%	9.5%	—	$601M	$371M
Sep '23	$1.3B	$119M	22.6%	12.6%	—	$706M	$352M
Jun '23	$1.4B	$159M	24.4%	15.0%	—	$734M	$298M
Mar '23	$1.2B	$113M	22.6%	12.0%	—	$775M	$254M
Dec '22	$1.2B	$92M	19.3%	9.9%	—	$777M	$304M
Sep '22	$1.1B	$82M	21.2%	10.8%	—	$825M	$232M
Jun '22	$1.1B	$74M	19.8%	9.6%	—	$826M	$253M
Mar '22	$1.0B	$52M	18.5%	7.4%	—	$738M	$218M
Dec '21	$990M	$59M	17.4%	7.0%	—	$674M	$267M
Sep '21	$994M	$48M	18.0%	7.5%	—	$888M	$553M
Jun '21	$1.0B	$74M	22.3%	11.8%	—	$889M	$542M

Valuation over time

How the market has priced TEX against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 18.4× (Mar '23) to 38.5× (Jun '26).
The price-to-sales ratio has risen from 1.3× (Mar '23) to 1.6× (Jun '26).
The dividend yield has fallen from 0.7% (Mar '23) to 0.5% (Jun '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is TEX growing its revenue and profit?

Over the past 5 years, Terex Corp's revenue has grown 12.0% per year. These are computed facts, not advice.

How much debt does TEX have?

As of FY2025, Terex Corp reported $2.6B of total debt against $772M of cash; operating income covered interest expense 2.7×.

What is TEX's profit margin?

In FY2025, gross margin was 19.4%, operating margin 8.8%, and net margin 4.1%.

What is TEX's P/E ratio?

As of Jun '26, Terex Corp traded at a price-to-earnings ratio of about 38.5× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.