TEX TEREX CORP

Overview and Growth

TEREX CORP generated $5.42B of revenue in fiscal 2025, with net income of $221.00M and an operating cash inflow of $440.00M. At $5.42B, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. Compared with $5.13B in fiscal 2024, revenue recorded a 5.7% year-over-year increase. The company reported diluted EPS of $3.33, adding a shareholder-level measure to the absolute income figures considered below. Diluted EPS decreased by 32.9% from $4.96 in fiscal 2024, showing how the earnings change reached shareholders on a per-share basis. Asset turnover was 0.88x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

Gross profit was $1.05B, representing the portion of revenue remaining after the reported cost of revenue and before operating expenses. Gross margin was 19.4%, so that share of each revenue unit remained after the cost of revenue reported for the period. Operations produced $475.00M of income after the reported operating expense base, before the remaining non-operating and tax effects. Relative to revenue, operating income represented 8.8%, showing how efficiently sales converted into operating profit. The bottom-line result was net income of $221.00M, after the operating, financing, tax, and other items recognized for the period. Net margin was 4.1%, meaning that this portion of revenue remained as net income after all recognized expenses. The earnings statement records $292.00M of pretax income, the profit base against which the reported tax provision can be assessed. The pretax margin was 5.4%, relating income before taxes directly to revenue. The reported income-tax provision was $71.00M, the amount recognized between pretax income and the final net-income result. The effective relationship between income tax and positive pretax income was 24.3%, without assuming a statutory-rate comparison.

Liquidity and Capital Structure

At period end, the $6.14B asset base was financed through $4.04B of liabilities and $2.10B of equity. The near-term balance sheet paired $2.73B of current assets with $1.19B of current liabilities at the reporting date. At 2.3x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. Cash and equivalents totaled $772.00M, identifying the most liquid reported component available within the broader current-asset balance. The cash balance equaled 65.0% of current liabilities, showing how much near-term coverage came from cash alone. Total debt was $2.60B, establishing the amount of borrowing carried within the company’s capital structure. Against book equity, debt measured 1.24x, placing the company’s financial leverage in clear balance-sheet terms. Debt represented 42.3% of total assets, placing borrowing in the context of the company’s full resource base. Relative to total assets, liabilities measured 65.9%, complementing the separate equity-based view of the company’s capital structure. The cash-to-assets relationship was 12.6%, comparing reported cash and equivalents with the full positive asset balance. Compared with $5.73B in fiscal 2024, the current asset base moved 7.1% and finished higher.

Cash Flow and Earnings Quality

The company reported $440.00M of operating cash flow, a cash inflow that shows the cash generated by operations. Operating cash flow equaled 1.99x of net income, showing how strongly accounting earnings converted into cash from operations. The cash-flow statement records $118.00M of capital expenditures, the investment amount considered after operating cash generation. Relative to operating cash flow, capital expenditures measured 26.8%, connecting investment intensity with the company’s cash-generation base. After capital spending, free cash flow was $322.00M, leaving cash available for debt reduction, shareholder returns, or further investment. Free cash flow represented 5.9% of revenue, linking post-investment cash generation with the company’s operating scale. The free-cash-flow-to-assets relationship was 5.2%, comparing post-investment cash with the balance-sheet asset base.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.