Terex Corporation (TEX) Stock

Terex Corporation (TEX) is a Consumer Discretionary stock trading at $64.17 (as of 2026-08-20), with a market capitalization of $7.33B. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Terex Corporation manufactures and sells aerial work platforms and materials processing machinery. It operates through Aerial Work Platforms and Materials Processing segments, designing, manufacturing, servicing, and marketing equipment such as aerial work platform systems, utility equipment and telehandlers, and materials processing equipment for construction, industrial, utility, and related applications worldwide.

Understand Terex Corporation: how it makes money

Terex makes and sells aerial work platforms and materials processing machinery (including equipment under the Terex and Genie brands), and it earns money primarily through selling these machines worldwide across its Aerial Work Platforms and Materials Processing segments.

Terex's profit depends on whether the gross profit it generates from selling Aerial Work Platforms and Materials Processing equipment can cover manufacturing and operating costs, because the latest period shows gross margin of 11.9% and an operating margin of -4.7%.

Revenue by segment (latest quarter)
AWP	$0.8B
MP	$0.6B
Other	$0.3B

Business quality (Weak): The provided segment revenue inputs (AWP 0.82B, MP 0.56B) do not reconcile to the total revenue figure shown (1.7B), so the segment mix should be interpreted with caution versus the headline total.

Valuation: At 34× earnings, TEX trades 72% above the Automobiles & Trucks average (20×). Note: one-time items can distort reported P/E.

Bull case

Two main, product-based segments: Terex operates through Aerial Work Platforms (AWP) and Materials Processing (MP), giving the business exposure to two equipment end-markets rather than a single product category.
Positive segment operating profit indicators are shown: Operating profit candidates are provided for both AWP (0.13B) and MP (0.08B), suggesting underlying segment contributions, even though the consolidated operating margin is negative.

Bear case

Consolidated profitability is weak in the latest period: The latest period shows gross margin of 11.9% and operating margin of -4.7%, indicating operating costs are not fully covered by gross profit.
Segment profitability does not clearly translate to consolidated operating margin: Even with positive operating profit candidates at the segment level, the consolidated operating margin is still negative, implying material costs, charges, or overhead not captured by the segment operating profit figures provided.

Valuation — source: SEC EDGAR (first-party)
Price	$64.17
Market Cap	$7.33B
EV / EBITDA	21.7
Price / Book	1.49
Price / Sales	1.03
FCF Yield	1.3%
DCF Value (model)	$15.84
DCF Upside vs Price	-75.3%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$5.42B
Net Margin	4.1%
Revenue Growth (YoY)	5.7%
EPS Growth (YoY)	-32.8%
FCF Growth (YoY)	70.4%

Financial Health — source: SEC EDGAR
Altman Z-Score	3.01 (safe)
Piotroski F-Score	5/9 (moderate)

Valuation vs Sector & Industry
Sector P/E (Consumer Discretionary)	20.5
Industry P/E (Automobiles & Trucks)	17.2

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	FMR LLC ($1.01B)
Institutional Holders Tracked	10
Congressional Trades (recent)	7

Company
Sector	Consumer Discretionary
Industry	Automobiles & Trucks
CEO	Simon A. Meester
Employees	11,400
Country	US
IPO Date	1980-03-19

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Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.