TEXNYSEIndustrial Trucks, Tractors, Trailors & StackersUS GAAP · USD

Terex Corporation

Terex Corp. is a U.S.-based industrial equipment manufacturer focused on materials processing machinery, waste and recycling solutions, mobile elevating work platforms, and equipment for the electric utility industry. Its products are built and supported through a global manufacturing and service footprint, with sales to customers worldwide across construction, infrastructure, energy, recycling, minerals, and entertainment applications.

Liikevaihto5 421milj. USD
+5,7 %v/v
Liikevoitto (EBIT)475milj. USD
−9,7 %v/v
EBIT-marginaali8,8%
−1,5 %-yks.v/v
Nettotulos221milj. USD
−34,0 %v/v
Vapaa kassavirta322milj. USD
+70,4 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

02 0004 0006 000milj. USD2020: 3 076 milj. USD2020: EBIT 68 milj. USD20202021: 3 887 milj. USD2021: EBIT 328 milj. USD20212022: 4 418 milj. USD2022: EBIT 420 milj. USD20222023: 5 152 milj. USD2023: EBIT 637 milj. USD20232024: 5 127 milj. USD2024: EBIT 526 milj. USD20242025: 5 421 milj. USD2025: EBIT 475 milj. USD20255 421475
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Environmental Solutions40 %

Waste and recycling equipment plus utility-related products and services.

Material Processing30 %

Crushing, screening, and materials handling equipment for aggregates and minerals.

Aerials30 %

Mobile elevating work platforms and related access equipment.

Tuotteet

Raportoitu · osuus liikevaihdosta
31,8%29,3%19,8%11,2%FY2025100 %
  • Aerial Work Platforms Products31,8 %
  • Utility Products29,3 %
  • Materials Processing Equipment19,8 %
  • Specialty Equipment11,2 %
  • Other Products and Services7,9 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Terex sells to contractors, rental companies, municipalities, utilities, recyclers, and industrial end users that need specialized capital equipment. Its products are also used in infrastructure, manufacturing, energy, minerals, and entertainment applications, with parts, service, and financing supporting the installed base over time.

Construction and infrastructure contractors

Buy MEWPs and materials processing equipment for jobsite access, earthmoving support, and project execution

Rental companies

Purchase aerial and access equipment for fleet deployment across multiple end customers

Municipalities and utilities

Buy waste, recycling, and utility equipment for public services and grid maintenance

Recycling and materials processors

Buy sorting, crushing, screening, and handling systems to process waste and aggregates

Industrial and entertainment end users

Use specialized lifting and handling equipment for plant maintenance and venue operations

Strategia

Terex is focused on improving customer return on investment through equipment, parts, services, and digital support, while concentrating the portfolio on more resilient end markets. It also emphasizes operational discipline, portfolio management, and innovation in electrification and digital tools to strengthen its competitive position and reduce cyclicality.

Expand exposure to resilient end marketsKeskipitkä aikaväli

Waste, recycling, utilities, and infrastructure are less cyclical than pure construction demand

Improve operational execution and standardizationLyhyt aikaväli

A common operating system can improve predictability, efficiency, and support quality

Grow electrified and digital offeringsKeskipitkä aikaväli

These products can address emissions, noise, and productivity needs while differentiating the portfolio

Strengthen lifecycle support and financingKeskipitkä aikaväli

Parts, service, and financing deepen customer relationships and support installed-base monetization

Maantiede

Terex manufactures in North America, Europe, and Asia Pacific and sells its equipment worldwide. North America is its largest market, representing about 72-73% of global sales in recent disclosures, which makes the company more exposed to U.S. construction, infrastructure, and industrial spending than many peers.

Riskit

Terex faces cyclical demand, trade and tariff exposure, and execution risk in a multinational industrial business with complex supply chains. It also carries integration risk from acquisitions and portfolio changes, while customer and supplier consolidation can pressure pricing, sourcing, and margins.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Tariffs and trade policy risk1Acquisition integration risk2Cyclical end-market demand3Customer and supplier concentration4Product performance and warranty risk5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Tariffs and trade policy riskVaikutus: KorkeaTodennäköisyys: Korkea

    A global manufacturing and sourcing footprint exposes Terex to customs duties and trade barriers

    KohdistuuNorth AmericaEuropeAsia Pacific supply chain
  2. Acquisition integration riskVaikutus: KorkeaTodennäköisyys: Kohtalainen

    The company has grown through acquisitions and must integrate systems, people, and operations to realize benefits

    Kohdistuu: REV transaction and ESG integration

  3. Cyclical end-market demandVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Sales depend on construction, infrastructure, industrial, and rental activity that can slow with higher rates or weaker confidence

    KohdistuuMEWPsMaterials processingUtility equipment
  4. Customer and supplier concentrationVaikutus: KeskitasoTodennäköisyys: Korkea

    Consolidation can increase buyer leverage and limit component sourcing options

    Kohdistuu: Large customers and key parts suppliers

  5. Product performance and warranty riskVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Equipment failures can lead to warranty claims, downtime, and reputational damage

    Kohdistuu: Installed base and field service obligations

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition at shipment

Timing of shipment versus customer acceptance can shift revenue between periods

Vaikutus: Quarterly comparability

Variable consideration and rebates

Management estimates discounts and incentives that reduce transaction price

Vaikutus: Net sales and margins

Inventory reserves

Lower-of-cost-or-NRV and excess/obsolete inventory reserves depend on demand outlook

Vaikutus: Gross profit and working capital

Goodwill impairment testing

Reporting-unit fair values rely on forecasts, discount rates, and market multiples

Vaikutus: Potential non-cash impairment charges

Acquisition accounting and synergies

Fair value allocations and integration assumptions affect post-deal results and balance sheet values

Vaikutus: Intangible assets, goodwill, and future earnings

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026