# Terex Corporation (TEX) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Industrials / Machinery. Price $63.23, market value $7.2 billion.

## Valuation
- **P/E (trailing): 30.3×** (5-yr avg 11.0×, 3-yr avg 10.8×). Terex Corporation trades at 30.3× trailing earnings, well above its own five-year average of 11.0×: investors are paying up relative to the company's past. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 10.6×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 1.1×**. Each dollar of revenue is priced at 1.1×.
- **Price / book: 1.5×**. The shares trade at 1.5× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 14.5×**. Enterprise value is 14.5× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Earnings yield: 3.3%**. The inverse of the P/E: 3.3% of the price is earned each year.

## Profitability
- **Gross margin: 17.4%**. Terex Corporation keeps 17.4% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 5.7%**. 5.7% of revenue is left after running the business.
- **Net margin: 4.1%**. 4.1% of each dollar of sales reaches the bottom line.
- **Return on equity: 10.5%**. 10.5% on shareholders' equity is solid.
- **Return on invested capital: 7.7%**. Return on all capital, debt included, is 7.7%.
- **Return on assets: 2.4%**. Each dollar of assets produces 2.4% of profit.

## Growth
- **Revenue growth (1 yr): 5.7%** (3-yr 7.1%/yr, 5-yr 12.0%/yr). Revenue grew 5.7% over the last year, against 12.0% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -32.9%** (3-yr -8.3%/yr). Earnings per share fell 32.9%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 28.7%/yr**. Free cash flow has compounded at 28.7% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 1.23**. Debt is 1.23 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 2.9×**. It would take 2.9 years of operating earnings to repay net borrowings, within the comfortable range.
- **Altman Z-score: 2.69**. A Z-score of 2.69 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 1.08%** ($0.68 per share, trailing). Terex Corporation yields 1.08%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 20%**. 20% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 5**. 5 straight years of increases.
- **Dividend growth (5 yr): 41.5%/yr** (1-yr 0.0%). The dividend has compounded at 41.5% a year over five years, doubling roughly every 2 years at that pace.

## Price and momentum
- **Total return (1 yr): 23.6%** (YTD 19.1%, 3-mo 4.9%). The shares are up 23.6% over twelve months including dividends.
- **From 52-week high: -15.3%** (51.6% above the low). Trading 15% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 46**. An RSI of 46 is neutral.
- **Beta (1 yr): 1.99** (volatility 49%). Beta of 1.99 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=TEX · Page: https://foliofundamentals.com/stocks/tex

Not investment advice.