Inferra AI / Company / TEX
Terex Corp
TEX · Industrials
Last earnings Oct 28, 2026
Key results
Operating marginquarter
10.1%
operating margin of 10.1% and 12.1% as adjusted 1 EPS of $0.98 and adjusted 1 EPS of $1.50
SEC original ↗Terex Corp — Earnings release (8-K exhibit)EX-99Oct 30, 2025
EPSquarter
$0.98
operating margin of 10.1% and 12.1% as adjusted 1 EPS of $0.98 and adjusted 1 EPS of $1.50
SEC original ↗Terex Corp — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Net incomequarter
$65 million
Net income was $65 million, or $0.98 per share, compared to $88 million, or $1.31 per share, in the third quarter of 2024.
SEC original ↗Terex Corp — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Adjusted 1 net income was $100 million, or $1.50 per share for the third quarter of 2025, compared to $98 million, or $1.46 per share, in the third quarter of 2024.
SEC original ↗Terex Corp — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Review Aerials Net revenuequarter
$537 million
1 Business Segment Review Aerials Net sales of $537 million w ere down 13.2% or $82 million year over year, primary due to lower volume in North America as rental customers deployed less capex, focusing primarily on replacement requirements.
SEC original ↗Terex Corp — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Strong Liquidity Strong free cash flowquarter
$130 million
Strong Liquidity Strong free cash flow generation of $130 million, up from $88 million in the prior year period, representing a cash conversion rate of 200%.
SEC original ↗Terex Corp — Earnings release (8-K exhibit)EX-99Oct 30, 2025
AI analysis
Q3 2025 · reported Oct 30, 2025
Based on: Earnings release + parent 8-K — transcript not held
Headline figures
| Metric | Q3 2025 | Prior qtr | Year ago |
|---|---|---|---|
| Operating margin | 10.1% | — | — |
| EPS | $0.98 | — | — |
| Net income | $65 million | — | — |
| Review Aerials Net revenue | $537 million | — | — |
| Strong Liquidity Strong free cash flow | $130 million | — | $88 million |
Guidance · company-stated
Direction: Reiterated
“htm EX-99.1 EARNINGS RELEASE OF TEREX CORPORATION DATED OCTOBER 30, 2025 Document Terex Reports Third Quarter 2025 Results Sales of $1.4 billion and operating margin of 10.1% and 12.1% as adjusted 1 EPS of $0.98 and adjusted 1 EPS of $1.50 Free Cash Flow of $130 million, cash conversion of 200% Maintaining full-year adjusted 1 EPS outlook of $4.70 to $5.10 Norwalk, CT, October 30, 2025 -- Terex Corporation (NYSE TEX), a global industrial equipment manufacturer of materials processing machinery, waste and recycling solutions, mobile elevating work platforms, and equipment for the electric utility industry, today announced its results for the third quarter 2025.”
“Assuming that tariffs broadly remain at current rates, we continue to maintain our full year EPS outlook of $4.70 to $5.10.”
Classified from the release's primary full-year outlook statement.
Margin
Cash flow & capex
Capital allocation
1 Business Segment Review Aerials Net sales of $537 million w ere down 13.2% or $82 million year over year, primary due to lower volume in North America as rental customers deployed less capex, focusing primarily on replacement requirements.
Company-stated claims
Historical · doubled · backlog_orders
“Backlog nearly doubled to $676 million, its highest level in two years, providing approximately five months of coverage.”
EX-99 · Oct 30, 2026Historical · rose 194% · subscribers_users
“Third quarter bookings rose 194% year over year to $646 million, primarily attributable to national customers serving large infrastructure projects.”
EX-99 · Oct 30, 2026Event summary
Terex Corp Q3 2025 — operating margin of 10.1% and 12.1% as adjusted 1 EPS of $0.98 and adjusted 1 EPS of $1.50
Based on: Earnings release + parent 8-K — transcript not held
Guidance & outlook
Direction: Reiterated
Revenue: “htm EX-99.1 EARNINGS RELEASE OF TEREX CORPORATION DATED OCTOBER 30, 2025 Document Terex Reports Third Quarter 2025 Results Sales of $1.4 billion and operating margin of 10.1% and 12.1% as adjusted 1 EPS of $0.98 and adjusted 1 EPS of $1.50 Free Cash Flow of $130 million, cash conversion of 200% Maintaining full-year adjusted 1 EPS outlook of $4.70 to $5.10 Norwalk, CT, October 30, 2025 -- Terex Corporation (NYSE TEX), a global industrial equipment manufacturer of materials processing machinery, waste and recycling solutions, mobile elevating work platforms, and equipment for the electric utility industry, today announced its results for the third quarter 2025.”
EPS: “Assuming that tariffs broadly remain at current rates, we continue to maintain our full year EPS outlook of $4.70 to $5.10.”
Revenue — Reiterated (“Maintaining”)
“htm EX-99.1 EARNINGS RELEASE OF TEREX CORPORATION DATED OCTOBER 30, 2025 Document Terex Reports Third Quarter 2025 Results Sales of $1.4 billion and operating margin of 10.1% and 12.1% as adjusted 1 EPS of $0.98 and adjusted 1 EPS of $1.50 Free Cash Flow of $130 million, cash conversion of 200% Maintaining full-year adjusted 1 EPS outlook of $4.70 to $5.10 Norwalk, CT, October 30, 2025 -- Terex Corporation (NYSE TEX), a global industrial equipment manufacturer of materials processing machinery, waste and recycling solutions, mobile elevating work platforms, and equipment for the electric utility industry, today announced its results for the third quarter 2025.”
EPS — Reiterated (“maintain”)
“Assuming that tariffs broadly remain at current rates, we continue to maintain our full year EPS outlook of $4.70 to $5.10.”
Classified from the release's primary full-year outlook statement.
Capital allocation
1 Business Segment Review Aerials Net sales of $537 million w ere down 13.2% or $82 million year over year, primary due to lower volume in North America as rental customers deployed less capex, focusing primarily on replacement requirements.
SEC original ↗Terex Corp — Earnings release (8-K exhibit)EX-99Oct 30, 2025
During the third quarter of 2025, Terex deploye d $24 million in capital expenditures and investments to support future busines s growth and operational improvements.
SEC original ↗Terex Corp — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Through September 30, 2025 , Terex has return ed $87 million to shareholders through dividends and the repurchase of 1.4 million shares of common stock at an average price of $38.74 per share leaving approximately $183 million available for repurchase under our share repurchase programs.
SEC original ↗Terex Corp — Earnings release (8-K exhibit)EX-99Oct 30, 2025
4 Capital expenditures, net of proceeds from sale of capital assets $120 million.
SEC original ↗Terex Corp — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Such risks and uncertainties, many of which are beyond our control, include, among others the imposition of new, postponed or increased international tariffs our business is sensitive to general economic conditions, government spending priorities and the cyclical nature of markets we serve we have a significant amount of debt outstanding and need to comply with covenants contained in our debt agreements our ability to generate sufficient cash flow to service our debt obligations and operate our business our ability to access the capital markets to raise funds and provide liquidity our consolidated financial results are reported in United States ( U.
SEC original ↗Terex Corp — Earnings release (8-K exhibit)EX-99Oct 30, 2025
The Company defines free cash flow as Net cash provided by (used in) operating activities less Capital expenditures, net of proceeds from sale of capital assets and free cash flow conversion as free cash flow divided by GAAP net income.
SEC original ↗Terex Corp — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Strategy & priorities
CFO Com mentary I was very pleased with our strong cash flow generation in Q3, achieving 200% cash conversion in the quarter and 100% year-to-date, which supported continued execution of our differentiated capital allocation strategy, returning value to shareholders while continuing to invest for longer-term organic growth commented Jennifer Kong-Picarello, Senior Vice President and Chief Financial Officer.
SEC original ↗Terex Corp — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Such risks and uncertainties, many of which are beyond our control, include, among others the imposition of new, postponed or increased international tariffs our business is sensitive to general economic conditions, government spending priorities and the cyclical nature of markets we serve we have a significant amount of debt outstanding and need to comply with covenants contained in our debt agreements our ability to generate sufficient cash flow to service our debt obligations and operate our business our ability to access the capital markets to raise funds and provide liquidity our consolidated financial results are reported in United States ( U.
SEC original ↗Terex Corp — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Risks & headwinds
Our ability to hold our outlook for the entire year, given the turbulent macro environment, market headwinds and changes in tariffs, is a testament to the growing resiliency of the Terex portfolio, and the commitment, dedication and skill of our team.
SEC original ↗Terex Corp — Earnings release (8-K exhibit)EX-99Oct 30, 2025
The change was primarily due to lower sales volume, unfavorable mix and tariffs, partially offset by a discrete item of approximately $18 million pertaining to the release of a customs-related contingency and cost reduction actions.
SEC original ↗Terex Corp — Earnings release (8-K exhibit)EX-99Oct 30, 2025
We expect higher tariff-related costs in Q4 largely due to the expanded scope of the 232 steel and aluminum 2 tariff that was announced in mid-August.
SEC original ↗Terex Corp — Earnings release (8-K exhibit)EX-99Oct 30, 2025
We now expect the full year net unfavorable impact of tariffs on EPS to be approximately $0.70.
SEC original ↗Terex Corp — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Assuming that tariffs broadly remain at current rates, we continue to maintain our full year EPS outlook of $4.70 to $5.10.
SEC original ↗Terex Corp — Earnings release (8-K exhibit)EX-99Oct 30, 2025
3 Excludes the impact of potential future acquisitions, divestitures, restructuring, tariffs, trade policies and other unusual items.
SEC original ↗Terex Corp — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Earnings deck slides
1 deck with slide viewTerex Corp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Terex Corp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Terex Corp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Terex Corp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
36 documents- Q3 2026
- 8-KTEX
Oct 30, 2026
- 10-QTEX
Oct 29, 2026
- 8-KTEX
Oct 28, 2026
- 8-KTEX
Oct 16, 2026
- EX-99TEX
Oct 16, 2026
- Q2 2026
- 8-KTEX
Aug 3, 2026
- 8-KTEX
Jul 31, 2026
- 10-QTEX
Jul 30, 2026
- 8-KTEX
Jul 30, 2026
- 8-KTEX
Jul 21, 2026
- EX-99TEX
Jul 21, 2026
- Q1 2026
- 8-KTEX
Jun 30, 2026
- 8-KTEX
May 5, 2026
- 10-QTEX
May 1, 2026
- 8-KTEX
May 1, 2026
- 8-KTEX
Apr 21, 2026
- EX-99TEX
Apr 21, 2026
- 8-KTEX
Apr 13, 2026
- Q4 2025
- 8-KTEX
Mar 6, 2026
- 10-KTEX
Feb 13, 2026
- 8-KTEX
Feb 12, 2026
- 8-KTEX
Feb 11, 2026
- 8-KTEX
Feb 2, 2026
- 8-KTEX
Jan 29, 2026
- 8-KTEX
Jan 29, 2026
- 8-KTEX
Jan 20, 2026
- Q3 2025
- 10-QTEX
Oct 31, 2025
- 8-KTEX
Oct 30, 2025
- 8-KTEX
Oct 30, 2025
- 8-KTEX
Oct 21, 2025
- 8-KTEX
Oct 1, 2025
- Q2 2025
- 8-KTEX
Aug 14, 2025
- 8-KTEX
Aug 4, 2025
- 10-QTEX
Jul 31, 2025
- 8-KTEX
Jul 31, 2025
- 8-KTEX
Jul 21, 2025
Earnings releases
9 documentsPresentations
5 documents
Transcripts
0 documentsNo transcripts for Terex Corp are held in this edition of the library.
Mentioned by
2 companiesOther tracked companies whose held documents mention Terex Corp by name or ticker. A mention is counted once per document, from the document text the library holds.
Alexandria Real Estate Equities (ARE)
“tions, enterprise risk, investor relations and internal audit worldwide. Prior to joining Terex, Ms. Kong-Picarello… …vehicles and industrial equipment with global manufacturing operations, overseeing finance, treasury, mergers and acquisitions, ente”
Alliance Laundry Holdings Inc. (ALH)
“fy these forward-looking statements by the use of … …Corporate Communications. During his Terex career, he also held responsibilities in business development, mergers and acquisitions, strategy, and financial planning and analysis. Earlier in his car”
See also the earnings calendar for every tracked company’s next earnings date.