TEX
$50.99-3.15%
TEX financial statements
The full income statement, balance sheet, and cash-flow statement for Terex Corporation (TEX), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 66.9M2024-09 66.8M2024-12 66.4M2025-03 65.6M2025-06 65.6M2025-09 65.6M2025-12 113.7M2026-03 114.2M2026-06 114.3M+70.9% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 5.42B+5.7% | 5.13B-0.5% | 5.15B+16.6% | 4.42B+13.7% | 3.89B+26.3% | |
| 1.05B-1.6% | 1.07B-9.3% | 1.18B+35.1% | 871M+15.0% | 757M+40.4% | ||
| Cost of revenue | 4.37B+7.7% | 4.06B+2.1% | 3.98B+12.1% | 3.55B+13.3% | 3.13B+23.3% | |
| Research & development | 39.0M+56.0% | 25.0M-10.7% | 28.0M+27.3% | 22.0M-57.9% | 52.2M-11.4% | |
| Selling, general & administrative | 576M+6.3% | 542M+0.4% | 540M+19.7% | 451M+5.0% | 429M-8.8% | |
| Amortization of intangibles | 82.0M+290.5% | 21.0M+600.0% | 3.00M+0.0% | 3.00M+36.4% | 2.20M+22.2% | |
| Provision for credit losses | 1.00M+0.0% | 1.00M | 0.00-100.0% | 1.10M-56.0% | 2.50M+38.9% | |
| Operating income | 475M-9.7% | 526M-17.4% | 637M+51.7% | 420M+28.0% | 328M+379.5% | |
| Interest expense | 177M+98.9% | 89.0M+41.3% | 63.0M+28.6% | 49.0M-4.9% | 51.5M-21.9% | |
| Interest & investment income | 12.0M-7.7% | 13.0M+85.7% | 7.00M+133.3% | 3.00M-18.9% | 3.70M+2.8% | |
| Other non-operating income | -18.0M+57.1% | -42.0M-4100.0% | -1.00M+85.7% | -7.00M-153.8% | 13.0M+165.3% | |
| Pre-tax income | 292M-28.4% | 408M-29.7% | 580M+58.0% | 367M+39.1% | 264M+2298.2% | |
| Income tax | 71.0M-2.7% | 73.0M+15.9% | 63.0M-6.0% | 67.0M+44.7% | 46.3M+2215.0% | |
| 221M-34.0% | 335M-35.3% | 518M+72.7% | 300M+35.8% | 221M+2184.0% | ||
| Income from continuing operations | 221M-34.0% | 335M-35.2% | 517M+72.3% | 300M+37.9% | 218M+2316.7% | |
| $3.33-32.9% | $4.96-34.6% | $7.58+75.5% | $4.32+38.5% | $3.12+2180.0% | ||
| EPS (basic) | $3.36-32.8% | $5.00-34.8% | $7.67+75.1% | $4.38+38.2% | $3.17+2213.3% | |
| Weighted-avg shares (basic) | 65.8M-1.8% | 67.0M-0.7% | 67.5M-1.5% | 68.5M-1.7% | 69.7M+0.1% | |
| Weighted-avg shares (diluted) | 66.3M-1.9% | 67.6M-1.0% | 68.3M-1.6% | 69.4M-2.1% | 70.9M+1.1% | |
| Dividends per share | $0.40-42.9% | $0.69+7.9% | $0.64+20.3% | $0.53+11.0% | $0.48+297.1% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 2.73B+17.5% | 2.32B+3.3% | 2.25B+14.4% | 1.96B+11.0% | 1.77B-5.9% | ||
| Cash & equivalents | 772M+99.0% | 388M+4.6% | 371M+22.0% | 304M+13.9% | 267M-59.9% | |
| Accounts receivable | 712M+10.7% | 643M+17.3% | 548M+0.1% | 548M+7.8% | 508M+33.2% | |
| Inventory | 1.11B-3.3% | 1.15B-3.3% | 1.19B+20.0% | 988M+21.5% | 814M+33.3% | |
| Prepaid expenses | 132M-7.0% | 142M+1.4% | 140M+14.8% | 122M-32.1% | 180M-19.1% | |
| 6.14B+7.1% | 5.73B+58.5% | 3.62B+15.9% | 3.12B+8.9% | 2.86B-5.6% | ||
| Property, plant & equipment | 760M+6.4% | 714M+25.3% | 570M+22.4% | 466M+8.4% | 430M+5.7% | |
| Operating lease right-of-use | 126M-7.4% | 136M+7.9% | 126M+40.9% | 89.4M-9.9% | 99.2M-3.6% | |
| Goodwill | 1.09B-0.2% | 1.09B+270.5% | 295M+3.9% | 284M+1.4% | 280M+1.7% | |
| Intangible assets | 1.03B-7.2% | 1.11B+6818.8% | 16.0M-8.0% | 17.4M+29.9% | 13.4M+61.4% | |
| Other non-current assets | 329M-33.7% | 496M+1.4% | 489M+25.8% | 389M+4.3% | 373M-19.5% | |
| 1.19B+10.6% | 1.07B-4.1% | 1.12B+12.1% | 999M+9.7% | 910M+25.8% | ||
| Accounts payable | 683M+17.8% | 580M-17.5% | 703M+12.6% | 625M+16.2% | 538M+45.4% | |
| Deferred revenue | 44.0M+120.0% | 20.0M+300.0% | 5.00M | — | — | |
| Short-term & current debt | 6.00M+50.0% | 4.00M+33.3% | 3.00M+57.9% | 1.90M-66.1% | 5.60M-26.3% | |
| Current lease liability | 33.0M+6.5% | 31.0M+10.7% | 28.0M+6.5% | 26.3M+30.2% | 20.2M-18.5% | |
| Other current liabilities | 331M-11.0% | 372M+33.8% | 278M+3.3% | 269M+4.3% | 258M+21.9% | |
| 4.04B+3.7% | 3.90B+100.6% | 1.94B+0.3% | 1.94B+10.4% | 1.75B-16.9% | ||
| Long-term debt | 2.58B-0.1% | 2.58B+316.1% | 620M-19.9% | 774M+15.7% | 669M-42.7% | |
| Deferred revenue (non-current) | 20.0M+25.0% | 16.0M+300.0% | 4.00M | — | — | |
| Non-current lease liability | 96.0M-6.8% | 103M+12.0% | 92.0M+46.5% | 62.8M-14.1% | 73.1M-11.8% | |
| Operating lease liability (total) | 129M-3.7% | 134M+11.7% | 120M+34.7% | 89.1M-4.5% | 93.3M-13.4% | |
| Finance lease liability (total) | 11.0M-8.3% | 12.0M+33.3% | 9.00M+114.3% | 4.20M+20.0% | 3.50M-20.5% | |
| Other non-current liabilities | 251M+2.4% | 245M+20.1% | 204M+23.9% | 165M-6.2% | 176M-20.5% | |
| 2.10B+14.4% | 1.83B+9.6% | 1.67B+41.6% | 1.18B+6.5% | 1.11B+20.3% | ||
| Common stock | 1.00M+0.0% | 1.00M+0.0% | 1.00M+11.1% | 900K+0.0% | 900K+0.0% | |
| Additional paid-in capital | 942M+2.3% | 921M+1.7% | 906M+2.8% | 882M+2.5% | 860M+2.6% | |
| Retained earnings | 2.14B+8.9% | 1.96B+17.3% | 1.68B+39.5% | 1.20B+28.1% | 937M+24.9% | |
| Treasury stock | 722M+7.4% | 672M+7.9% | 623M+11.2% | 560M+21.9% | 460M+0.1% | |
| Accumulated other comprehensive income | -265M+30.6% | -382M-33.1% | -287M+16.1% | -342M-49.7% | -229M-9.6% | |
| Total equity incl. non-controlling | 2.10B+14.4% | 1.83B+9.6% | 1.67B+41.6% | 1.18B+6.5% | 1.11B+20.3% | |
| Total liabilities & equity | 6.14B+7.1% | 5.73B+58.5% | 3.62B+15.9% | 3.12B+8.9% | 2.86B-5.6% | |
| Common shares issued | 85.5M+0.5% | 85.1M+0.6% | 84.6M+0.7% | 84.0M+0.7% | 83.4M+0.6% | |
| Common shares outstanding | 64.9M-1.2% | 65.7M-0.6% | 66.1M-1.0% | 66.8M-3.5% | 69.2M+0.9% | |
| Shares outstanding (cover) | 114M+71.2% | 66.4M-0.9% | 67.0M-0.7% | 67.5M-3.2% | 69.7M+0.4% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 440M+35.0% | 326M-29.0% | 459M+75.9% | 261M-11.0% | 293M+30.2% | ||
| Depreciation & amortization | 157M+91.5% | 82.0M+46.4% | 56.0M+19.1% | 47.0M-6.4% | 50.2M+1.0% | |
| Intangible amortization | 82.0M+290.5% | 21.0M+600.0% | 3.00M+0.0% | 3.00M+36.4% | 2.20M+22.2% | |
| Share-based compensation | 32.0M+6.7% | 30.0M-31.8% | 44.0M+46.7% | 30.0M-9.4% | 33.1M+39.1% | |
| Deferred income taxes | -3.00M+70.0% | -10.0M+73.7% | -38.0M-3700.0% | -1.00M-183.3% | 1.20M-78.2% | |
| Change in inventory | -39.0M+49.4% | -77.0M-138.5% | 200M-2.9% | 206M-10.2% | 230M+187.7% | |
| Change in payables | 118M+149.0% | -241M-515.5% | 58.0M-39.6% | 96.0M-44.5% | 173M+210.3% | |
| Other operating activities | -12.0M-300.0% | -3.00M-200.0% | -1.00M+90.9% | -11.0M-443.8% | 3.20M+118.2% | |
| 32.0M+101.5% | -2.13B-1765.8% | -114M+26.0% | -154M-50.7% | -102M-165.5% | ||
| Capital expenditure | 118M-13.9% | 137M+7.9% | 127M+15.5% | 110M+84.3% | 59.7M-7.4% | |
| Free cash flow | 322M+70.4% | 189M-43.1% | 332M+119.9% | 151M-35.4% | 234M+45.2% | |
| Acquisitions | 0.00-100.0% | 2.00B+8237.5% | 24.0M-52.0% | 50.0M+17.1% | 42.7M | |
| Other investing activities | -38.0M-280.0% | -10.0M-233.3% | -3.00M+50.0% | -6.00M-452.9% | 1.70M+116.7% | |
| -123M-106.7% | 1.84B+737.8% | -288M-423.6% | -55.0M+90.5% | -580M-600.6% | ||
| Long-term debt issued | 97.0M-95.6% | 2.22B+812.3% | 243M-24.3% | 321M-46.5% | 600M+253.0% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 56.0M+14.3% | 49.0M-22.2% | 63.0M-37.6% | 101M+3266.7% | 3.00M-94.6% | |
| Dividends paid | 45.0M-2.2% | 46.0M+7.0% | 43.0M+19.4% | 36.0M+7.5% | 33.5M+298.8% | |
| Other financing activities | -15.0M+31.8% | -22.0M+4.3% | -23.0M-53.3% | -15.0M+62.7% | -40.2M-224.2% | |
| FX effect on cash | 35.0M+284.2% | -19.0M-290.0% | 10.0M+166.7% | -15.0M-4.9% | -14.3M-155.2% | |
| Net change in cash | 384M+2158.8% | 17.0M-74.6% | 67.0M+81.1% | 37.0M+109.2% | -403M-410.2% | |
| Interest paid | 156M+194.3% | 53.0M+35.9% | 39.0M+5.4% | 37.0M-27.9% | 51.3M-11.7% | |
| Income taxes paid | 43.0M-45.6% | 79.0M-8.1% | 86.0M+330.0% | 20.0M-29.6% | 28.4M+8.0% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 6.07B+97.8% | 3.07B-20.6% | 3.87B+34.1% | 2.88B-5.9% | 3.06B+26.5% | |
| P/E | 27.5×+199.8% | 9.2×+14.5% | 8.0×-26.0% | 10.8×-22.0% | 13.9× | |
| P/S | 1.1×+87.0% | 0.6×-20.3% | 0.8×+9.2% | 0.7×-12.7% | 0.8×+0.1% | |
| P/B | 2.9×+72.9% | 1.7×-35.2% | 2.6×-7.2% | 2.8×+0.9% | 2.8×+5.1% | |
| P/FCF | 18.8×+16.1% | 16.2×-36.6% | 25.6×+107.6% | 12.3×-5.9% | 13.1×-12.9% | |
| Earnings yield | 3.6%-66.6% | 10.9%-12.6% | 12.5%+35.2% | 9.2%+28.2% | 7.2% | |
| FCF yield | 5.3%-13.9% | 6.2%+57.7% | 3.9%-51.8% | 8.1%+6.2% | 7.6%+14.8% | |
| Dividend yield | 0.74%-50.5% | 1.5%+34.2% | 1.1%-10.5% | 1.2%+14.2% | 1.1%+215.2% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: TEX’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all TEX filings on SEC EDGAR → Not investment advice.