Terex Corporation
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.42B | $5.13B | $5.15B | $4.42B | $3.89B | $3.08B | $4.35B | $4.52B |
| Cost of Revenue | $4.37B | $4.06B | $3.98B | $3.55B | $3.13B | $2.54B | $3.47B | $3.56B |
| Gross Profit | $1.05B | $1.07B | $1.18B | $871.0M | $757.4M | $539.3M | $887.8M | $961.9M |
| Gross Margin | 19.4% | 20.8% | 22.8% | 19.7% | 19.5% | 17.5% | 20.4% | 21.3% |
| Operating Expenses | ||||||||
| Research & Development | $39.0M | $25.0M | $28.0M | $22.0M | $52.2M | $58.9M | $72.4M | $63.2M |
| SG&A Expense | $576.0M | $542.0M | $540.0M | $451.0M | $429.4M | $470.9M | $552.8M | $549.4M |
| Operating Income | $475.0M | $526.0M | $637.0M | $420.0M | $328.0M | $68.4M | $335.0M | $412.5M |
| Operating Margin | 8.8% | 10.3% | 12.4% | 9.5% | 8.4% | 2.2% | 7.7% | 9.1% |
| Interest Expense | $177.0M | $89.0M | $63.0M | $49.0M | $51.5M | $65.9M | $87.9M | $72.8M |
| Pretax Income | $292.0M | $408.0M | $580.0M | $367.0M | $263.8M | $11.0M | $247.5M | $287.1M |
| Income Tax Expense | $71.0M | $73.0M | $63.0M | $67.0M | $46.3M | $2.0M | $37.8M | $45.4M |
| Net Income | $221.0M | $335.0M | $518.0M | $300.0M | $220.9M | $-10.6M | $54.4M | $113.7M |
| Net Margin | 4.1% | 6.5% | 10.1% | 6.8% | 5.7% | -0.3% | 1.2% | 2.5% |
| EPS (Basic) | $3.36 | $5.00 | $7.67 | $4.38 | $3.17 | $-0.15 | $0.77 | $1.51 |
| EPS (Diluted) | $3.33 | $4.96 | $7.58 | $4.32 | $3.12 | $-0.15 | $0.76 | $1.48 |
| Shares Outstanding (Basic) | 65.8M | 67.0M | 67.5M | 68.5M | 69.7M | 69.6M | 71.1M | 75.4M |
| Shares Outstanding (Diluted) | 66.3M | 67.6M | 68.3M | 69.4M | 70.9M | 70.1M | 71.8M | 76.9M |
| Dividends Per Share | — | — | — | — | — | — | — | — |