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Screener / SEC EDGAR /CIK 0000097216 /10-K filed Feb 13, 2026, compared with Feb 7, 2025 /Numbers from the XBRL of the 10-Ks
Industrials peers:
TEXREZIBRCNMMASWSO
NYSE Industrials · Industrial Trucks, Tractors, Trailors & Stackers

Terex Corp TEX

TEX quote by TradingView

Our Company was incorporated in Delaware in October 1986 as Terex U.S.A., Inc. 10-K, Item 1

Employees
10,700
Headquarters
Norwalk, CT
CEO
Simon Meester
Next results
around Feb 10, 2027
Compare with peers Embed

Where each dollar of revenue went, FY2025

Revenue of $5.4B through the costs to a net profit of $221.0M · income statement of the 10-K

9% operating margin
Revenue to Gross profit: $1.1BRevenue to Cost of revenue: $4.4BGross profit to Operating profit: $475.0MGross profit to Operating expenses: $576.0MOperating profit to Net profit: $221.0MOperating profit to Tax & other: $254.0MOperating expenses to R&D: $39.0MOperating expenses to Sales, admin & other: $537.0M Revenue: $5.4B REVENUE $5.4B +6% Y/Y Gross profit: $1.1B · 19% margin GROSS PROFIT $1.1B 19% margin · −2% Y/Y Cost of revenue: $4.4B · 81% of revenue COST OF REVENUE $4.4B 81% of revenue Operating profit: $475.0M · 9% margin OPERATING PROFIT $475.0M 9% margin · −10% Y/Y Operating expenses: $576.0M · 11% of revenue OPERATING EXPENSES $576.0M 11% of revenue Net profit: $221.0M · 4% margin NET PROFIT $221.0M 4% margin · −34% Y/Y Tax & other: $254.0M · 5% of revenue TAX & OTHER $254.0M 5% of revenue R&D: $39.0M · 1% of revenue R&D $39.0M 1% of revenue Sales, admin & other: $537.0M · 10% of revenue SALES, ADMIN & OTHER $537.0M 10% of revenue
Gross profit $1.1B 19% margin · −2% Y/Y
Operating profit $475.0M 9% margin · −10% Y/Y
Net profit $221.0M 4% margin · −34% Y/Y
The full income statement, year by year

TEX among Industrials peers

Six ratios from the latest 10-K. Each corner is the share of 251 peers the company is above, not a score.

Compare
Revenue growth: 5.7%, above 50% of 250 peers (their median 5.7%) REVENUE GROWTH 5.7% · above 50% Gross margin: 17.1%, above 16% of 177 peers (their median 34.2%) GROSS MARGIN 17.1% · above 16% Operating margin: 5.7%, above 24% of 229 peers (their median 11.8%) OPERATING MARGIN 5.7% · above 24% Net margin: 2.6%, above 20% of 251 peers (their median 8.2%) NET MARGIN 2.6% · above 20% FCF margin: 5.7%, above 29% of 234 peers (their median 9.6%) FCF MARGIN 5.7% · above 29% Return on capital: 4.8%, above 10% of 193 peers (their median 10.4%) RETURN ON CAPITAL 4.8% · above 10%
TEX Peer median Below the median

What changed

24 new risk paragraphs and 1 accounting fact worth reading about. 10-K filed Feb 13, 2026 against Feb 7, 2025.

Risk factors
24 new paragraphs, nothing like them in the previous 10-K
10-K Item 1A
Critical audit matters changed
New this year: Sufficiency of audit evidence over inventory quantities (“As discussed in Notes A and F to the consolidated financial statements, the Company held $1,109 million of inventory, which was held at a large number of locations, as of December 31, 2025. Inventories are primarily comprised of raw materials, work-in-process, and finished goods that are physically ”). No longer listed: Fair Value of Acquired Customer Relationship Intangible Asset
10-K · XBRL
Accounting checks
10 other checks clear, 1 worth a look
10-K · XBRL
Insiders
No open-market buys in the last 90 days
Form 4
Filings
4 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

11 checks on the latest 10-K. Checks, not verdicts.

How it works

1fact worth reading about the other 10 checks found nothing to note

  • Critical audit matters changed
    New this year: Sufficiency of audit evidence over inventory quantities (“As discussed in Notes A and F to the consolidated financial statements, the Company held $1,109 million of inventory, which was held at a large number of locations, as of December 31, 2025. Inventories are primarily comprised of raw materials, work-in-process, and finished goods that are physically ”). No longer listed: Fair Value of Acquired Customer Relationship Intangible Asset
  • Receivables +10.7% ($643.0M to $712.0M) vs revenue +5.7% ($5.1B to $5.4B), +5.0 pts apart
9 more checks with nothing to note
  • Cash from operations $440.0M vs net income $221.0M (FY ending Dec 31, 2025)
  • Inventory -3.3% ($1.1B to $1.1B) vs revenue +5.7% ($5.1B to $5.4B), -9.0 pts apart
  • Same auditor in both 10-Ks: KPMG LLP
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

24 paragraphs in Risk Factors that were not in the 10-K filed Feb 7, 2025. Quoted as filed.

All 24 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Feb 7, 2025 10-K, ITEM 1A
    Our results after the completion of the REV Transaction may be adversely impacted if we do not effectively manage our expanded operations following the completion of the REV Transaction. Following the recent REV Transaction, the size of our business is now significantly larger. Our ability to successfully manage this expanded business…
  2. Item 1A · new paragraph · not in the 10-K filed Feb 7, 2025 10-K, ITEM 1A
    Certain of our businesses depend on the performance of dealers and disruptions within our dealer network could have a negative effect on our business. Certain of our businesses rely on their independent dealer networks to sell our products to end customers. Such businesses are therefore affected by our ability to establish new…
  3. Item 1A · new paragraph · not in the 10-K filed Feb 7, 2025 10-K, ITEM 1A
    Demand for our products is affected by the general strength of the economies in which we sell our products, customers’ perceptions concerning the timing of economic cycles, customers’ replacement or repair cycles, prevailing interest rates,
  4. Item 1A · new paragraph · not in the 10-K filed Feb 7, 2025 10-K, ITEM 1A
    Certain of our businesses depend upon continued federal, state, and local government expenditures, which have not always remained constant over time. Current government spending levels on programs our businesses support may not be sustainable as a result of changes in government leadership, policies or priorities. Certain of our sales…

New risk paragraphs, against peers

Latest 10-K of each, Industrials companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$4.4B$5.2B$5.1B$5.4B
Net income$300.0M$518.0M$335.0M$221.0M
Operating cash flow$261.0M$459.0M$326.0M$440.0M
Free cash flow$151.0M$332.0M$189.0M$322.0M

Revenue, FY2016 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$5.4B ▲ 5.7% in FY2025

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

4 filings in the last 30 days · SEC EDGAR

All filings

About the company

Terex Corp, Norwalk, CT · from the 10-K filed Feb 13, 2026

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.

Headquarters
Norwalk, CT
Country
United States
Reports in
USD
Listed on
NYSE
Fiscal year ends
December 31
Last results
Oct 30, 2026
Incorporated in
DE

Employees, at the top of the page: "As of December 31, 2025, we had approximately 10,700 team members, including approximately 5,700 team members in the U" (10-K). Address and exchange: SEC's company file.

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Sources

The 10-K filed Feb 13, 2026 (open at SEC), compared with the 10-K filed Feb 7, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

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