Terex Corporation (TEX)

Terex Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	5,169	5,127	5,152	4,418	3,887	3,076
Revenue Growth (YoY)	-0.35%	-0.48%	16.61%	13.67%	26.34%	-29.33%
Cost of Revenue	4,206	4,059	3,975	3,547	3,129	2,537
Gross Profit	963	1,068	1,177	871	757.4	539.3
Selling, General & Admin	569	521	518	429	377.8	407.8
Research & Development	25	25	28	22	52.2	58.9
Operating Expenses	594	546	546	451	430	466.7
Operating Income	369	522	631	420	327.4	72.6
Interest Expense	-146	-89	-63	-49	-51.5	-65.9
Interest & Investment Income	11	13	7	3	3.7	3.6
Currency Exchange Gain (Loss)	-2	-4	-2	-	0.5	-
Other Non Operating Income (Expenses)	5	-9	7	-7	13	6.2
EBT Excluding Unusual Items	237	433	580	367	293.1	16.5
Merger & Restructuring Charges	-25	-25	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	6.4	-
Asset Writedown	-	-	-	-	-6.3	-5.5
Other Unusual Items	-	-	-	-	-29.4	-
Pretax Income	212	408	580	367	263.8	11
Income Tax Expense	33	73	63	67	46.3	2
Earnings From Continuing Operations	179	335	517	300	217.5	9
Earnings From Discontinued Operations	-	-	1	-	3.4	-19.6
Net Income to Company	179	335	518	300	220.9	-10.6
Net Income	179	335	518	300	220.9	-10.6
Net Income to Common	179	335	518	300	220.9	-10.6
Net Income Growth	-63.84%	-35.33%	72.67%	35.81%	-	-
Shares Outstanding (Basic)	66	67	68	69	70	70
Shares Outstanding (Diluted)	67	68	68	69	71	70
Shares Change (YoY)	-1.47%	-1.03%	-1.58%	-2.12%	1.14%	-2.37%
EPS (Basic)	2.69	5.00	7.67	4.38	3.17	-0.15
EPS (Diluted)	2.67	4.96	7.57	4.32	3.12	-0.15
EPS Growth	-63.30%	-34.52%	75.34%	38.55%	-	-
Free Cash Flow	236	189	332	151	233.7	160.9
Free Cash Flow Per Share	3.52	2.80	4.86	2.18	3.30	2.29
Dividend Per Share	0.680	0.680	0.640	0.520	0.480	0.120
Dividend Growth	-	6.25%	23.08%	8.33%	300.00%	-72.73%
Gross Margin	18.63%	20.83%	22.84%	19.71%	19.49%	17.53%
Operating Margin	7.14%	10.18%	12.25%	9.51%	8.42%	2.36%
Profit Margin	3.46%	6.53%	10.05%	6.79%	5.68%	-0.34%
Free Cash Flow Margin	4.57%	3.69%	6.44%	3.42%	6.01%	5.23%
EBITDA	500	604	687	467	377.6	122.3
EBITDA Margin	9.67%	11.78%	13.33%	10.57%	9.71%	3.98%
D&A For EBITDA	131	82	56	47	50.2	49.7
EBIT	369	522	631	420	327.4	72.6
EBIT Margin	7.14%	10.18%	12.25%	9.51%	8.42%	2.36%
Effective Tax Rate	15.57%	17.89%	10.86%	18.26%	17.55%	18.18%

Updated Jul 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q