TEX - Earnings announcements

Sales of $1.7 billion, up 41% on a reported basis, proforma sales up 11% Income from continuing operations of ($93) million, including significant non-cash and other merger-related charges Adjusted EBITDA7 of $173 million or 9.9% margin EPS from continuing operations of ($0.97) with an adjusted1 EPS from continuing operations of $0.98Backlog grew to $7.1 billion, Book-to-bill of 109%, providing strong forward visibilityReaffirming 2026 Outlook5: Sales of $7.5 to $8.1 billion and EBITDA7 of $930 million to $1 billion, up $100 million or 12% year over year on a proforma13,14 basis with a 12.4% EBITDA margin at the midpointNORWALK, Conn., May 1, 2026 /PRNewswire/ -- Terex Corporation (NYSE:TEX)

NORWALK, Conn., April 17, 2026 /PRNewswire/ -- Terex Corporation (NYSE: TEX) will host a conference call to review its first quarter 2026 financial results on Friday, May 1, 2026 at 8:30 a.m. Eastern Time. Simon Meester, President and Chief Executive Officer, and Jennifer Kong-Picarello, Senior Vice President and Chief Financial Officer, will host the call. The Company's financial results will be issued and available at https://investors.terex.com prior to the call the morning of Friday, May 1, 2026.Participants are encouraged to access the webcast 15 minutes prior to the starti

Full-year sales of $5.4 billionFull-year operating margin of 8.8% and 10.4% as adjusted1Full-year EPS of $3.33 and adjusted1 EPS of $4.93Full-year free cash flow7 of $325 million or 147% cash conversion1Q4 bookings of $1.9 billion up 32% YOY2026 Outlook5: Sales of $7.5 billion to $8.1 billion and EBITDA7 of $930 million to $1 billion, up $100 million or 12% YOY on a pro forma13 basis with a 12.4% EBITDA margin at the midpointNORWALK, Conn., Feb. 11, 2026 /PRNewswire/ -- Terex Corporation (NYSE:TEX), a global leader in specialized equipment solutions, serving essential sectors such as emergency services, waste and recycling, utilities, and construction, today announced its results for the fou

NORWALK, Conn., Jan. 28, 2026 /PRNewswire/ -- Terex Corporation (NYSE:TEX) will host a conference call to review its fourth quarter and year-end 2025 financial results on Wednesday, February 11, 2026 at 8:30 a.m. Eastern Time. Simon Meester, President and Chief Executive Officer, and Jennifer Kong-Picarello, Senior Vice President and Chief Financial Officer, will host the call. The Company's financial results will be issued and available at https://investors.terex.com prior to the call the morning of Wednesday, February 11, 2026. Participants are encouraged to access the webca

Creates a scaled specialty equipment manufacturer with complementary, leading brands in attractive, low cyclical, highly resilient and growing end marketsUnlocks significant value-creating synergies of $75 million of run-rate value in 2028 with approximately 50% achieved twelve months after closingTerex to pursue strategic options to exit its Aerials segment, further reducing its exposure to cyclical end marketsResulting organization will feature low capital intensity, an attractive leverage profile, an efficient cost base with resilient and predictable earnings and free cash flow to enable profitability enhancing and growth investmentsCompanies to host a joint conference call today at 8:30

Sales of $1.4 billion and operating margin of 10.1% and 12.1% as adjusted1EPS of $0.98 and adjusted1 EPS of $1.50Free Cash Flow of $130 million, cash conversion of 200%Maintaining full-year adjusted1 EPS outlook of $4.70 to $5.10NORWALK, Conn., Oct. 30, 2025 /PRNewswire/ -- 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. CEO Commentary"We continue to d

NORWALK, Conn., Oct. 20, 2025 /PRNewswire/ -- Terex Corporation (NYSE:TEX) will hold its conference call to review third quarter 2025 financial results on Thursday, October 30, 2025 at 8:30 a.m. Eastern Time. Simon Meester, President and Chief Executive Officer, and Jennifer Kong-Picarello, Senior Vice President and Chief Financial Officer, will host the call. The Company's financial results will be issued and available at https://investors.terex.com prior to the call the morning of Thursday, October 30, 2025. Participants are encouraged to access the webcast 15 minutes prior

NORWALK, Conn., Oct. 17, 2025 /PRNewswire/ -- Terex Corporation (NYSE:TEX) will host a conference call to review its third quarter 2025 financial results on Friday, October 31, 2025 at 8:30 a.m. Eastern Time. Simon Meester, President and Chief Executive Officer, and Jennifer Kong-Picarello, Senior Vice President and Chief Financial Officer, will host the call. The Company's financial results will be issued and available at https://investors.terex.com prior to the call the morning of Friday, October 31, 2025. Participants are encouraged to access the webcast 15 minutes prior to

Sales of $1.5 billion and operating margin of 8.7% and 11.0% as adjusted1EPS of $1.09 and adjusted1 EPS of $1.49Authorized $150M New Share Repurchase ProgramMaintaining full-year adjusted1 EPS outlook of $4.70 to $5.10NORWALK, Conn., July 31, 2025 /PRNewswire/ -- 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 second quarter 2025. CEO Commentary"Our overall financial perf

NORWALK, Conn., July 17, 2025 /PRNewswire/ -- Terex Corporation (NYSE: TEX) will host a conference call to review its second quarter 2025 financial results on Thursday, July 31, 2025 at 8:30 a.m. Eastern Time. Simon Meester, President and Chief Executive Officer, and Jennifer Kong-Picarello, Senior Vice President and Chief Financial Officer, will host the call. The Company's financial results will be issued and available at https://investors.terex.com prior to the call the morning of Thursday, July 31, 2025. Participants are encouraged to access the webcast 15 minutes prior to

Sales of $1.2 billion and operating margin of 5.6% and 9.1% as adjusted1EPS of $0.31 and adjusted1 EPS of $0.83Return on invested capital of 15.0%Maintaining full-year adjusted1 EPS outlook of $4.70 to $5.10NORWALK, Conn., May 2, 2025 /PRNewswire/ -- 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 first quarter 2025. CEO Commentary"Our overall financial results exceeded o

NORWALK, Conn., April 16, 2025 /PRNewswire/ -- Terex Corporation (NYSE: TEX) will host a conference call to review its first quarter 2025 financial results on Friday, May 2, 2025 at 8:00 a.m. Eastern Time. Simon Meester, President and Chief Executive Officer, and Jennifer Kong-Picarello, Senior Vice President and Chief Financial Officer, will host the call. The Company's financial results will be issued and available at https://investors.terex.com prior to the call the morning of Friday, May 2, 2025. Participants are encouraged to access the webcast 15 minutes prior to the sta

Full-year sales of $5.1 billionFull-year operating margins of 10.3%; adjusted1 11.3%Full-year EPS of $4.96; adjusted1 $6.11Strong Q4 2024 contribution from ESG with adjusted1 operating margins of 21.9%Declares quarterly cash dividend of $0.17 per shareNORWALK, Conn., Feb. 6, 2025 /PRNewswire/ -- 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 fourth quarter and full-year 2024.

NORWALK, Conn., Jan. 16, 2025 /PRNewswire/ -- Terex Corporation (NYSE: TEX) will host a conference call to review its fourth quarter and year-end 2024 financial results on Thursday, February 6, 2025 at 8:30 a.m. Eastern Time. Simon Meester, President and Chief Executive Officer, and Julie Beck, Senior Vice President and Chief Financial Officer, will host the call. The Company's financial results will be issued and available at https://investors.terex.com prior to the call the morning of Thursday, February 6, 2025. Participants are encouraged to access the webcast 15 minutes pr

Sales of $1.2 billion and operating margin of 10.1% and 10.5% as adjusted1EPS of $1.31 and adjusted1 EPS of $1.46Return on invested capital of 23.7%Full-year adjusted1 EPS outlook of $5.85 to $6.25NORWALK, Conn., Oct. 30, 2024 /PRNewswire/ -- 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 2024. CEO Commentary"The Terex team adapted quickly to in-quarter ind

NORWALK, Conn., Sept. 19, 2024 /PRNewswire/ -- Terex Corporation (NYSE:TEX) today announced that it is updating its 2024 outlook. Full-year 2024 adjusted earnings per share, excluding the benefit of the recently announced Environmental Solutions Group (ESG) acquisition, is now expected to be between $5.80 and $6.20 on revenue of $4.85 to $5.05 billion. "Our channels globally made adjustments faster than we anticipated, resulting in lower than expected sales volume. In AWP, customers reduced planned deliveries to align their fleet configuration with seasonal rental demand. On t

Sales of $1.4 billion, consistent with prior yearIncome from operations of $193 million, up 22% sequentiallyOperating profit margin of 14.0%, improved 180 bps sequentiallyEarnings per share of $2.08, Adjusted EPS of $2.16Return on invested capital of 25.9%Full-year adjusted EPS outlook of $7.15 to $7.45NORWALK, Conn., July 30, 2024 /PRNewswire/ -- Terex Corporation (NYSE:TEX), a global manufacturer of materials processing machinery and aerial work platforms, today announced its results for the second quarter 2024. CEO Commentary "The Terex team continues to perform at a high l

Purchase price of $2.0 billion; $1.725 billion net of expected tax benefits Reduces cyclicality, delivers financial accretion and lowers capital intensity Unlocks ~$25 million of cost and revenue synergies by 2026 Enhances presence in attractive waste & recycling segment; expands North American addressable market Terex to host investor conference call to discuss transaction on July 22, 2024 at 8:30 a.m. Eastern NORWALK, Conn., July 22, 2024 /PRNewswire/ -- Terex Corporation (NYSE:TEX) (the "Company") today announced it has signed a definitive agreement to acquire Environmental Solutions Group ("ESG") from Dover Corporation (NYSE:DOV), in a $2.0 billion all-cash transaction.  When adjusted f

NORWALK, Conn., July 19, 2024 /PRNewswire/ -- Terex Corporation (NYSE:TEX) will host a conference call to review its second quarter 2024 financial results on Wednesday, July 31, 2024 at 8:30 a.m. Eastern Time. Simon Meester, President and Chief Executive Officer, and Julie Beck, Senior Vice President and Chief Financial Officer, will host the call. The Company's financial results will be issued and available at https://investors.terex.com after the market close on Tuesday, July 30, 2024. Participants are encouraged to access the webcast 15 minutes prior to the starting time. The webcast will be available for replay at https://investors.terex.com. About TerexTerex is a global manufacturer of

Sales of $1.3 billion increased 5% year-over-yearIncome from operations of $158 million, up 7% year-over-yearOperating profit margin of 12.2% improved 20 bps year-over-yearEarnings per share of $1.60 Return on invested capital of 27.6%, up 370 bps from the prior yearRaising full-year 2024 EPS outlook to a range of $6.95 to $7.35Increasing full-year 2024 sales outlook to a range of $5.2 to $5.4 billionNORWALK, Conn., April 25, 2024 /PRNewswire/ -- Terex Corporation (NYSE:TEX), a global manufacturer of materials processing machinery and aerial work platforms, today announced its results for the first quarter 2024.

NORWALK, Conn., April 11, 2024 /PRNewswire/ -- Terex Corporation (NYSE:TEX) will host a conference call to review its first quarter 2024 financial results on Friday, April 26, 2024 at 8:30 a.m. Eastern Time. Simon Meester, President and Chief Executive Officer, and Julie Beck, Senior Vice President and Chief Financial Officer, will host the call. The Company's financial results will be issued and available at https://investors.terex.com after the market close on Thursday, April 25, 2024. Participants are encouraged to access the webcast 15 minutes prior to the starting time. T

Full-year sales of $5.2 billion increased 17%Q4 and full-year income from operations of $116 million and $637 million Q4 and full-year operating margins of 9.5% and 12.4%Q4 and full-year EPS of $1.88 and $7.56Q4 and full-year results include $0.47 and $0.50 net favorable EPS impacts from non-recurring items. Excluding these items:Q4 EPS of $1.41 up 5%Full-year income from operations of $652 million up 55%Full-year operating margin of 12.7% improved 320 bpsFull-year EPS of $7.06 up 63% Return on Invested Capital of 28.5% up 720 bps 2024 Outlook: Sales of $5.1 to $5.3 billion and EPS of $6.85 to $7.25NORWALK, Conn., Feb. 8, 2024 /PRNewswire/ -- Terex Corporation (NYSE:TEX) today announced its

NORWALK, Conn., Jan. 18, 2024 /PRNewswire/ -- Terex Corporation (NYSE:TEX) will host a conference call to review its fourth quarter and year-end 2023 financial results on Friday, February 9, 2024 at 8:30 a.m. Eastern Time. Simon Meester, President and Chief Executive Officer, and Julie Beck, Senior Vice President and Chief Financial Officer, will host the call. The Company's financial results will be issued and available at https://investors.terex.com after the market close on Thursday, February 8, 2024. Participants are encouraged to access the webcast 15 minutes prior to the

Sales of $1.4 billion increased 30% year-over-yearIncome from operations of $210 million, up 102% year-over-yearOperating profit margin of 15.0% improved 540bps year-over-yearEPS of $2.35 more than doubled year-over-yearRaising full-year 2023 EPS outlook to ~$7.00NORWALK, Conn., Aug. 1, 2023 /PRNewswire/ -- Terex Corporation (NYSE:TEX) today announced its results for the second quarter 2023. CEO Commentary "The Terex team delivered another quarter of outstanding performance" said Terex Chairman and Chief Executive Officer John L. Garrison, Jr. "I want to thank our team members

NORWALK, Conn., July 19, 2023 /PRNewswire/ -- Terex Corporation (NYSE:TEX) will host a conference call to review its second quarter 2023 financial results on Wednesday, August 2, 2023 at 8:30 a.m. Eastern Time. John L. Garrison, Jr., Chairman and Chief Executive Officer, and Julie Beck, Senior Vice President and Chief Financial Officer, will host the call. The Company's financial results will be issued and available at https://investors.terex.com after the market close on Tuesday, August 1, 2023. Participants are encouraged to access the webcast 15 minutes prior to the startin

Sales of $1.2 billion increased 23% year-over-year, 27% on FX neutral basisTotal backlog remained strong at $4.1 billionIncome from operations of $148 million, up 98% year-over-yearOperating profit margin of 12.0% improved 460bps year-over-yearEPS of $1.60 more than doubled year-over-yearRaising full-year 2023 EPS outlook to a range of $5.60 to $6.00NORWALK, Conn., May 1, 2023 /PRNewswire/ -- Terex Corporation (NYSE:TEX) today announced its results for the first quarter 2023. CEO Commentary "We entered 2023 with significant momentum as we continued to successfully execute agai

NORWALK, Conn., April 13, 2023 /PRNewswire/ -- Terex Corporation (NYSE:TEX) will host a conference call to review its first quarter 2023 financial results on Tuesday, May 2, 2023 at 8:30 a.m. Eastern Time. John L. Garrison, Jr., Chairman and Chief Executive Officer, and Julie Beck, Senior Vice President and Chief Financial Officer, will host the call. The Company's financial results will be issued and available at https://investors.terex.com after the market close on Monday, May 1, 2023. Participants are encouraged to access the webcast 15 minutes prior to the starting time. T

Q4 sales of $1.2 billion increased 23% year-over-year, 31% on FX neutral basisQ4 income from operations of $121 million, up 73% year-over-yearQ4 operating profit margin of 9.9% improved 290 bps year-over-yearQ4 EPS of $1.34, up 63% year-over-yearFull-year sales of $4.4 billion increased 14% year-over-year, 20% on FX neutral basisFull-year income from operations of $420 million up 28% year-over-yearFull-year EPS of $4.32 up 41% year-over-yearBacklog grew 22% year-over-year to $4.1 billion2023 Outlook: Sales of $4.6 to $4.8 billion and EPS of $4.60 to $5.00NORWALK, Conn., Feb. 9, 2023 /PRNewswire/ -- Terex Corporation (NYSE:TEX) today announced its results for the fourth quarter and full-year

NORWALK, Conn., Jan. 18, 2023 /PRNewswire/ -- Terex Corporation (NYSE:TEX) will host a conference call to review its fourth quarter and year-end 2022 financial results on Friday, February 10, 2023 at 8:30 a.m. Eastern Time. John L. Garrison, Jr., Chairman and Chief Executive Officer, and Julie Beck, Senior Vice President and Chief Financial Officer, will host the call. The Company's financial results will be issued and available at https://investors.terex.com after the market close on Thursday, February 9, 2023. Participants are encouraged to access the webcast 15 minutes prio

Sales of $1.1 billion increased 13% year-over-year, 21% on FX neutral basisTotal backlog grew 33% year-over-year to $3.9 billionIncome from operations of $121 million, up 63% year-over-yearOperating profit margin of 10.8% improved 330 bps year-over-yearEPS of $1.20, up 79% year-over-yearRaising full-year 2022 EPS outlook to a range of $4.00 to $4.20NORWALK, Conn., Oct. 27, 2022 /PRNewswire/ -- Terex Corporation (NYSE:TEX) today announced its results for the third quarter 2022. CEO Commentary"We are pleased with our strong financial performance in the quarter as a result of con

NORWALK, Conn., Oct. 11, 2022 /PRNewswire/ -- Terex Corporation (NYSE:TEX) will host a conference call to review its third quarter 2022 financial results on Friday, October 28, 2022 at 8:30 a.m. Eastern Time. John L. Garrison, Jr., Chairman and Chief Executive Officer, and Julie Beck, Senior Vice President and Chief Financial Officer, will host the call. The Company's financial results will be issued and available at https://investors.terex.com after the market close on Thursday, October 27, 2022. Participants are encouraged to access the webcast 15 minutes prior to the starti

Sales of $1.1 billion increased 4% year-over-year, 9% on FX neutral basis, driven by strong growth in Materials ProcessingBacklog growth of 51% year-over-year to $3.5 billionOperating margin of 9.6% improved sequentially by 220 bpsEPS of $1.07 on improving price / cost dynamicsRaising full-year 2022 EPS outlook to $3.80 to $4.20Repurchased $61 million of shares in second quarterNORWALK, Conn., Aug. 2, 2022 /PRNewswire/ -- Terex Corporation (NYSE:TEX) today announced its results for the  second quarter 2022. CEO Commentary "We are pleased with our solid financial performance in

NORWALK, Conn., July 12, 2022 /PRNewswire/ -- Terex Corporation (NYSE:TEX) will host a conference call to review its second quarter 2022 financial results on Wednesday, August 3, 2022 at 8:30 a.m. Eastern Time. John L. Garrison, Jr., Chairman and Chief Executive Officer, and Julie Beck, Senior Vice President and Chief Financial Officer, will host the call. The Company's financial results will be issued and available at https://investors.terex.com after the market close on Tuesday, August 2, 2022. Participants are encouraged to access the webcast 15 minutes prior to the startin

Sales of $1 billion increased 16% year-over-yearRecord backlog of $3.5 billion as customer demand remains strongCost discipline with 11.1% SG&A percent of sales; Decreased spending by $3 million Operating margin improved to 7.4%EPS of $0.74 per share; Up 32% year-over-yearReaffirming full-year 2022 EPS outlook of $3.55 to $4.05NORWALK, Conn., April 28, 2022 /PRNewswire/ -- Terex Corporation (NYSE:TEX) announced first quarter 2022 income from continuing operations of $52.3 million, or $0.74 per share, on net sales of $1.0 billion. In the first quarter of 2021, the reported income from continuing operations was $39.7 million, or $0.56 per share, on net sales of $864.2 million.

NORWALK, Conn., April 7, 2022 /PRNewswire/ -- Terex Corporation (NYSE:TEX) will host a conference call to review its first quarter 2022 financial results on Friday, April 29, 2022 at 8:30 a.m. Eastern Time. John L. Garrison, Jr., Chairman and Chief Executive Officer, and Julie Beck, Senior Vice President and Chief Financial Officer, will host the call. The Company's financial results will be issued and available at https://investors.terex.com after the market close on Thursday, April 28, 2022. Participants are encouraged to access the webcast 15 minutes prior to the starting t

NORWALK, Conn., Feb. 10, 2022 /PRNewswire/ -- Terex Corporation (NYSE:TEX) reported fourth quarter 2021 income from continuing operations of $58.0 million, or $0.82 per share, on net sales of $990.1 million.  In the fourth quarter of 2020, reported income from continuing operations was $14.9 million, or $0.21 per share, on net sales of $786.7 million. For the full year 2021, Terex reported income from continuing operations of $217.5 million, or $3.07 per share, on net sales of $3.9 billion compared with income from continuing operations of $9.0 million, or $0.13 per share, on

NORWALK, Conn., Jan. 21, 2022 /PRNewswire/ -- Terex Corporation (NYSE:TEX) will host a conference call to review its fourth quarter and year-end 2021 financial results on Friday, February 11, 2022 at 8:30 a.m. Eastern Time. John L. Garrison, Jr., Chairman and Chief Executive Officer, and Julie Beck, Senior Vice President and Chief Financial Officer, will host the call. The Company's financial results will be issued and available at https://investors.terex.com after the market close on Thursday, February 10, 2022. Participants are encouraged to access the webcast 15 minutes pri

NORWALK, Conn., Oct. 28, 2021 /PRNewswire/ -- Terex Corporation (NYSE:TEX) announced third quarter 2021 income from continuing operations of $47.5 million, or $0.67 per share, on net sales of $993.8 million. In the third quarter of 2020, the reported income from continuing operations was $22.0 million, or $0.31 per share, on net sales of $765.6 million. "End-market demand remains exceptionally strong demonstrated by significant year-over-year growth in orders, backlog and a robust book-to-bill ratio," said Terex Chairman and Chief Executive Officer John L. Garrison, Jr. "Our a

NORWALK, Conn., Oct. 7, 2021 /PRNewswire/ -- Terex Corporation (NYSE:TEX) will host a conference call to review its third quarter 2021 financial results on Friday, October 29, 2021 at 8:30 a.m. Eastern Time. John L. Garrison, Jr., Chairman and Chief Executive Officer, will lead the call. The Company's financial results will be issued and available at https://investors.terex.com after the market close on Thursday, October 28, 2021. Participants are encouraged to access the webcast 15 minutes prior to the starting time. The webcast will be available for replay at https://invest

NORWALK, Conn., July 29, 2021 /PRNewswire/ -- Terex Corporation (NYSE:TEX) announced second quarter 2021 income from continuing operations of $72.3 million, or $1.02 per share, on net sales of $1.0 billion. In the second quarter of 2020, the reported loss from continuing operations was ($3.2) million, or ($0.05) per share, on net sales of $690.5 million. "During the second quarter, our global team members' relentless focus on safety and disciplined execution of our strategy led to robust bookings, revenue growth and margin expansion in both of our business segments. Aerial Wor