Terex Corporation

$TEX
Construction/Ag Equipment/Trucks
Industrials

Terex Corporation manufactures and sells aerial work platforms and materials processing machinery worldwide. The company operates in two segments, Aerial Work Platforms (AWP) and Materials Processing (MP). The AWP segment designs, manufactures, services, and markets aerial work platform equipment, utility equipment, and telehandlers principally under the Terex and Genie brand names. Its products include portable material lifts, portable aerial work platforms, trailer-mounted articulating booms, self-propelled articulating and telescopic booms, scissor lifts, utility equipment, and telehandlers, as well as their related components and replacement parts. The MP segment provides materials processing and specialty equipment, including crushers, washing systems, screens, apron feeders, material handlers, pick and carry cranes, rough terrain cranes, tower cranes, wood processing, biomass and recycling equipment, concrete mixer trucks and concrete pavers, conveyors, and their related components and replacement parts principally under the Terex, Powerscreen, Fuchs, EvoQuip, Canica, Cedarapids, CBI, Simplicity, Franna, Terex Ecotec, Terex Finlay, Terex Washing Systems, Terex MPS, Terex Jaques, Terex Advance, Terex Conveying Systems, ProStacktm, and Terex Bid-Well brand names and business lines. Its products are used in construction, infrastructure, and recycling projects; various quarrying and mining, and material handling applications; and maintenance applications to lift equipment or material, as well as landscaping and biomass production industries. In addition, the company provides financing solutions to assist customers in the rental, leasing, and acquisition of its products. Terex Corporation was incorporated in 1986 and is based in Norwalk, Connecticut.

IPO Year:

Exchange: NYSE

Website: terex.com

Recent Analyst Ratings for Terex Corporation

DatePrice TargetRatingAnalyst
4/7/2025$32.00Neutral → Sell
UBS
6/28/2024Mkt Perform
Raymond James
6/26/2024$60.00Neutral
Citigroup
3/18/2024$63.00Overweight → Neutral
JP Morgan
3/14/2024$73.00Buy
Truist
2/13/2024$61.00 → $62.00Buy → Neutral
UBS
1/19/2024$57.00Neutral → Underperform
BofA Securities
12/20/2023$73.00 → $63.00Buy → Hold
Jefferies
9/28/2023Overweight → Sector Weight
KeyBanc Capital Markets
7/7/2023Mkt Perform
Raymond James
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Terex Corporation Press Releases

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  • Terex Announces First Quarter 2025 Financial Results Conference Call

    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

    $TEX
    Construction/Ag Equipment/Trucks
    Industrials
  • Terex Announces Quarterly Dividend

    NORWALK, Conn., Feb. 6, 2025 /PRNewswire/ -- Terex Corporation (NYSE:TEX) announced that its Board of Directors declared a quarterly dividend of $0.17 per share. The dividend is to be paid on March 19, 2025 to all stockholders of record as of the close of business on March 7, 2025. About TerexTerex Corporation is a global industrial equipment manufacturer of materials processing machinery, waste and recycling solutions, mobile elevating work platforms (MEWPs), and equipment for the electric utility industry. We design, build, and support products used in maintenance, manufactu

    $TEX
    Construction/Ag Equipment/Trucks
    Industrials
  • Terex Reports Fourth Quarter and Full-Year 2024 Results

    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.

    $TEX
    Construction/Ag Equipment/Trucks
    Industrials
  • Terex Announces Fourth Quarter and Year-End 2024 Financial Results Conference Call

    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

    $TEX
    Construction/Ag Equipment/Trucks
    Industrials
  • RPM Announces Appointment of Three New Board Members

    RPM International Inc. (NYSE:RPM) today announced the appointment of three individuals, Craig S. Morford, Christopher L. Mapes and Julie A. Beck, to its board of directors. These appointments reflect RPM's ongoing commitment to expanding the expertise, diversity and leadership capabilities of its board as the company continues to drive long-term growth and shareholder value. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250113146614/en/Christopher L. Mapes (Photo: Business Wire) The appointments of Mr. Morford and Mr. Mapes are effective immediately, and Ms. Beck's term is set to commence on April 7, 2025. With these additions,

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  • Terex Names Jennifer Kong-Picarello Chief Financial Officer

    NORWALK, Conn., Nov. 21, 2024 /PRNewswire/ -- Terex Corporation (NYSE: TEX) announced today that Jennifer Kong-Picarello will succeed Julie Beck as Senior Vice President and Chief Financial Officer and become a member of the Terex Executive Leadership Team. Ms. Kong-Picarello will join Terex on February 3, 2025 and assume her duties as Chief Financial Officer of Terex later in February shortly after Terex files its 2024 Annual Report on Form 10-K. Ms. Beck will remain in her current role until Ms. Kong-Picarello assumes the duties of Chief Financial Officer. Ms. Beck will then continue with the Company until April 1 to assist with the transition.

    $TEX
    Construction/Ag Equipment/Trucks
    Industrials
  • Terex Reports Third Quarter 2024 Results

    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

    $TEX
    Construction/Ag Equipment/Trucks
    Industrials
  • Terex Announces Quarterly Dividend

    NORWALK, Conn., Oct. 14, 2024 /PRNewswire/ -- Terex Corporation (NYSE: TEX) announced that its Board of Directors declared a quarterly dividend of $0.17 per share. The dividend is to be paid on December 19, 2024 to all stockholders of record as of the close of business on November 8, 2024. About Terex  Terex Corporation is a global industrial equipment manufacturer of materials processing machinery, waste and recycling solutions, mobile elevating work platforms (MEWPs), and equipment for the electric utility industry. We design, build, and support products used in maintenance,

    $TEX
    Construction/Ag Equipment/Trucks
    Industrials
  • Terex Completes Acquisition of Environmental Solutions Group from Dover Corporation

    Purchase price of $2.0 billion; $1.725 billion net of expected tax benefitsReduces cyclicality, delivers financial accretion and lowers capital intensityExpected to Unlock ~$25 million of cost and revenue synergies by 2026Enhances presence in waste & recycling segment; expands North American addressable marketNORWALK, Conn., Oct. 8, 2024 /PRNewswire/ -- Terex Corporation (NYSE: TEX) ("Terex" or "Company") today announced completion of its acquisition of Environmental Solutions Group ("ESG") from Dover Corporation (NYSE: DOV). Terex anticipates that ESG will drive increased revenue growth, free cash flow, earnings before interest, taxes, depreciation, and amortization ("EBITDA") margin, and E

    $DOV
    $TEX
    Industrial Machinery/Components
    Industrials
    Construction/Ag Equipment/Trucks
  • Dover Completes Sale of Environmental Solutions Group Business

    DOWNERS GROVE, Ill., Oct. 8, 2024 /PRNewswire/ -- Dover Corporation (NYSE: DOV) today announced that it has completed the previously reported sale of its Environmental Solutions Group business, which was part of Dover's Engineered Products segment, to Terex Corporation (NYSE:TEX). About Dover: Dover is a diversified global manufacturer and solutions provider with annual revenue of over $8 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineer

    $DOV
    $TEX
    Industrial Machinery/Components
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Terex Corporation Analyst Ratings

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Terex Corporation Insider Purchases

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Terex Corporation Insider Trading

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Terex Corporation SEC Filings

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Terex Corporation Leadership Updates

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  • RPM Announces Appointment of Three New Board Members

    RPM International Inc. (NYSE:RPM) today announced the appointment of three individuals, Craig S. Morford, Christopher L. Mapes and Julie A. Beck, to its board of directors. These appointments reflect RPM's ongoing commitment to expanding the expertise, diversity and leadership capabilities of its board as the company continues to drive long-term growth and shareholder value. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250113146614/en/Christopher L. Mapes (Photo: Business Wire) The appointments of Mr. Morford and Mr. Mapes are effective immediately, and Ms. Beck's term is set to commence on April 7, 2025. With these additions,

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  • Terex Names R. Mark Cox SVP Corporate Development

    NORWALK, Conn., April 15, 2024 /PRNewswire/ -- Terex Corporation (NYSE:TEX) today announced the appointment of R. Mark Cox as Senior Vice President Corporate Development, effective immediately. He will report to Simon Meester, Terex President and Chief Executive Officer, and will serve on the Company's Executive Leadership Team. He succeeds Randy S. Williamson, who is retiring. Cox is joining Terex from Trinity Industries, Inc., where since 2021 he has served as Executive Vice President of Corporate Development. Previously, over the prior 18 years, he had served in senior M&A

    $TEX
    Construction/Ag Equipment/Trucks
    Industrials
  • Neil Frohnapple Named Terex VP Investor Relations

    NORWALK, Conn., March 4, 2024 /PRNewswire/ -- Terex Corporation (NYSE:TEX) today announced the appointment of Neil Frohnapple as Vice President, Investor Relations, effective immediately. He will report to Julie Beck, Senior Vice President and Chief Financial Officer. He joins Terex from The Timken Company, a $5 billion industrial manufacturing company, where since 2019 he had served as Head of Investor Relations. Before that, he spent 13 years as a sell-side equity research analyst covering industrial companies in the machinery and multi-industrial sectors. "We are delighted

    $TEX
    Construction/Ag Equipment/Trucks
    Industrials
  • Terex Corporation Releases Environmental, Social And Governance Report Highlighting Progress On ESG Priorities

    NORWALK, Conn., Oct. 27, 2021 /PRNewswire/ -- Terex Corporation (NYSE:TEX) today announced the publication of its 2021 Environmental, Social, and Governance (ESG) Report. The report details Terex's commitment to all our stakeholders and how ESG is integral to the Company's strategic priorities. "For many years, Terex has been on a journey to create more sustainable outcomes for our team members, customers, investors and our communities. Our 2021 ESG Report reflects the hard work of Terex team members around the world," said Terex Chairman and CEO John L. Garrison, Jr. High

    $TEX
    Construction/Ag Equipment/Trucks
    Industrials
  • CNH Industrial announces senior appointments

    London, April 26, 2021 CNH Industrial N.V. (NYSE:CNHI) today announced that it has appointed Parag Garg as Chief Digital Officer and Marc Kermisch as Chief Information Officer for Off Highway business. This follows the appointment of Kevin Barr as Chief Human Resources Officer on March 19, 2021. In these positions, Mr. Garg, Mr. Kermisch and Mr. Barr will join the Company's Senior Leadership Team (SLT), an operational decision-making body of CNH Industrial, which is responsible for reviewing the operating performance of the segments and making decisions on certain operational matters. These executive appointments form part of CNH Industrial's renewed focus on customer centricity and serve

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Terex Corporation Financials

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  • Terex Announces First Quarter 2025 Financial Results Conference Call

    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

    $TEX
    Construction/Ag Equipment/Trucks
    Industrials
  • Terex Announces Quarterly Dividend

    NORWALK, Conn., Feb. 6, 2025 /PRNewswire/ -- Terex Corporation (NYSE:TEX) announced that its Board of Directors declared a quarterly dividend of $0.17 per share. The dividend is to be paid on March 19, 2025 to all stockholders of record as of the close of business on March 7, 2025. About TerexTerex Corporation is a global industrial equipment manufacturer of materials processing machinery, waste and recycling solutions, mobile elevating work platforms (MEWPs), and equipment for the electric utility industry. We design, build, and support products used in maintenance, manufactu

    $TEX
    Construction/Ag Equipment/Trucks
    Industrials
  • Terex Reports Fourth Quarter and Full-Year 2024 Results

    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.

    $TEX
    Construction/Ag Equipment/Trucks
    Industrials
  • Terex Announces Fourth Quarter and Year-End 2024 Financial Results Conference Call

    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

    $TEX
    Construction/Ag Equipment/Trucks
    Industrials
  • Terex Reports Third Quarter 2024 Results

    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

    $TEX
    Construction/Ag Equipment/Trucks
    Industrials
  • Terex Announces Quarterly Dividend

    NORWALK, Conn., Oct. 14, 2024 /PRNewswire/ -- Terex Corporation (NYSE: TEX) announced that its Board of Directors declared a quarterly dividend of $0.17 per share. The dividend is to be paid on December 19, 2024 to all stockholders of record as of the close of business on November 8, 2024. About Terex  Terex Corporation is a global industrial equipment manufacturer of materials processing machinery, waste and recycling solutions, mobile elevating work platforms (MEWPs), and equipment for the electric utility industry. We design, build, and support products used in maintenance,

    $TEX
    Construction/Ag Equipment/Trucks
    Industrials
  • Terex Updates 2024 Outlook and Announces Third Quarter 2024 Financial Results Conference Call

    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

    $TEX
    Construction/Ag Equipment/Trucks
    Industrials
  • Terex Reports Strong Second Quarter 2024 Results

    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

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    Construction/Ag Equipment/Trucks
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  • Terex Announces Quarterly Dividend

    NORWALK, Conn., July 30, 2024 /PRNewswire/ -- Terex Corporation (NYSE:TEX) announced that its Board of Directors declared a quarterly dividend of $0.17 per share. The dividend is to be paid on September 19, 2024 to all stockholders of record as of the close of business on August 9, 2024. About TerexTerex is a global manufacturer of materials processing machinery and aerial work platforms. We design, build and support products used in maintenance, manufacturing, energy, recycling, minerals and materials management, and construction applications. Certain Terex products and solut

    $TEX
    Construction/Ag Equipment/Trucks
    Industrials
  • Terex to Acquire Environmental Solutions Group (ESG) from Dover Corporation, Establishing Leading Presence in Waste and Recycling Market

    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

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    Industrial Machinery/Components
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Terex Corporation Large Ownership Changes

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