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Terex TEX · USD

Industrials · US listing · 🇺🇸 United States

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58.05

+5.62%

Close of 9 Nov 2026, in USD

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About Terex

From its filings with the US Securities and Exchange Commission

SEC filings

Terex is based in Norwalk, Connecticut and is incorporated in Delaware. Its shares trade on NYSE under the ticker TEX. The SEC classifies its business as industrial trucks, tractors, trailors & stackers. In the fiscal year to 31 December 2025, it reported revenue of $5.42bn and net income of $221.0m. At that date it held total assets of $6.14bn and shareholders' equity of $2.10bn. By business, Aerials brought in 31.8% of revenue, followed by Environmental Solutions Equipment at 29.3% and Materials Processing Equipment at 19.8%.

In its own words

Our Company was incorporated in Delaware in October 1986 as Terex U.S.A., Inc. Since that time, we have changed significantly, and much of this change has been historically accomplished through acquisitions and managing our portfolio of companies by divestiture of non-core businesses and products. Today, Terex 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, manufacturing, energy, waste and recycling, minerals and materials management, construction, and the entertainment industry. We provide lifecycle support to our customers through our global parts and services organization, and offer complementary digital solutions, designed to help our customers maximize their return on their investment. Certain Terex products and solutions enable customers to reduce their impact on the environment including electric and hybrid offerings that deliver quiet and emission-free performance, products that support renewable energy, and products that aid in the recovery of useful materials from various types of waste. Our products are manufactured in North America, Europe, and Asia Pacific and sold worldwide. We engage with customers through all stages of the product life cycle, from initial specification to parts and service support.

Quoted from its 10-K, filed 13 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Industrials
Industry
Machinery
Listed since
19 Mar 1991
Employees
5,700
Website
terex.com ↗
Head office
301 MERRITT 7, NORWALK, CT, 06851
Incorporated in
DE
Classification
Industrial Trucks, Tractors, Trailors & Stackers
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Mr. David SachsNon-Executive Lead Independent Chairman of the Board$498,544
  • Mr. Simon MeesterPresident, Chief Executive Officer, Director, since 2021$6.6m
  • Ms. Jennifer Kong-PicarelloChief Financial Officer, Senior Vice President
  • Mr. Patrick CarrollPresident - Environmental Solutions
  • Mr. Joshua GrossPresident - Aerials$1.4m
  • Mr. Kieran HegartyPresident - Terex Materials Processing$2.2m
  • Ms. Amy GeorgeChief Human Resources Officer, Senior Vice President - Human Resources$1.6m
  • Mr. Scott PosnerSenior Vice President, General Counsel, Secretary$1.9m
  • Ms. Paula CholmondeleyIndependent Director$285,000
  • Mr. Donald DefossetIndependent Director$225,000
  • Ms. Sandie O'ConnorIndependent Director$279,818
  • Mr. Christopher RossiIndependent Director$260,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
96
Environment
99
Social
99
Governance
89
Direct emissions (scope 1)
34,287 t
Energy emissions (scope 2)
21,875 t
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Diverse product portfolio: Terex Corp offers a wide range of products, including aerial work platforms, cranes, material handling equipment, and utility equipment, providing multiple revenue streams.
  • Strong global presence: The company has operations in more than 50 countries, allowing it to reach customers worldwide and tap into various markets.
  • Established brand reputation: Terex Corp has a long history in the industry and is known for its quality and reliability, enhancing customer confidence and loyalty.

Weaknesses

  • Dependence on cyclical industries: Terex Corp's business is closely tied to construction, infrastructure, and industrial sectors, which are prone to economic downturns and can affect demand for its products.
  • Narrow product differentiation: The company faces strong competition, and its products and technologies may not always provide significant differentiation compared to competitors.
  • Reliance on key suppliers: Terex Corp relies on certain suppliers for critical components, which could expose it to supply chain disruptions or increased costs if these suppliers face issues or raise prices.

Opportunities

  • Infrastructure investment: Increased government spending on infrastructure projects can create a growing market for Terex Corp's products in countries looking to improve their transportation and construction sectors.
  • Technological advancements: Embracing innovation and investing in research and development can help Terex Corp stay ahead of competitors and introduce new, more efficient products to meet customer demands.
  • Expansion into emerging markets: The company can explore and expand its presence in emerging markets, where construction and industrial activities are on the rise, providing opportunities for growth.

Threats

  • Economic uncertainties: Global economic conditions, such as recessions or fluctuations in exchange rates, can impact construction and infrastructure projects, resulting in reduced demand for Terex Corp's products.
  • Increasing competition: The industry is highly competitive, with both established players and new entrants vying for market share, putting pressure on pricing and potentially eroding Terex Corp's market position.
  • Regulatory challenges: Compliance with evolving environmental and safety regulations can increase costs and require product modifications, posing challenges for Terex Corp to stay compliant and maintain profitability.

Sources and methodology

Data on this tab
Our data supplier
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