Terex (TEX) Gross Margin (2009 - 2026)
Terex's (TEX) quarterly Gross Margin came in at 19.84% in Q2 2026, down 87.0% YoY from 152.61% in Q2 2025, and up 67.0% on a QoQ basis from 11.88% in Q1 2026.
Analysis
Terex (TEX) Gross Margin (2009 - 2026) Analysis & Trends
Terex (TEX) has 18 years of Gross Margin data on file, last reported at 19.84% in Q2 2026.
- Quarterly Gross Margin fell 87.0% year-over-year to 19.84% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 17.67% (down 162.0% YoY) and the FY2025 annual result came in at 19.39%, down 144.0% from the prior year.
- Gross Margin grew to 19.84% in Q2 2026, from 11.88% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 24.44% in Q2 2023 to a low of 11.88% in Q1 2026.
- A 5-year average of 20.25% and a median of 20.27% in 2024 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin surged 467 bps — and 2026, when it plunged 822 bps.
- Tracing TEX's Gross Margin over 5 years: stood at 19.31% in 2022, then rose by 11 bps to 21.5% in 2023, then retreated by 26 bps to 15.87% in 2024, then increased by 19 bps to 18.82% in 2025, then rose by 5 bps to 19.84% in 2026.
- The last three Gross Margin figures came in at 19.84% (Q2 2026), 11.88% (Q1 2026), and 18.82% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 364.77 Bn | 358.05 Bn | 7.76 Bn | 37.78% |
| 2 | Deere | 188.05 Bn | 179.12 Bn | 12.32 Bn | 97.70% |
| 3 | Paccar | 64.20 Bn | 55.54 Bn | 1.56 Bn | 20.64% |
| 4 | CNH Industrial | 16.95 Bn | 15.09 Bn | 1.41 Bn | 29.29% |
| 5 | Oshkosh | 9.54 Bn | 9.14 Bn | 480.30 Mn | 16.48% |
| 6 | Agco | 9.05 Bn | 8.48 Bn | 645.90 Mn | 24.75% |
| 7 | Terex | 7.04 Bn | 6.63 Bn | 444.00 Mn | 19.84% |
| 8 | Blue Bird | 2.12 Bn | 2.01 Bn | 103.37 Mn | 19.99% |
| 9 | Alamo | 2.08 Bn | 1.88 Bn | 110.86 Mn | 24.59% |
| 10 | Lindsay | 1.24 Bn | 1.09 Bn | 47.83 Mn | 29.75% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.84% |
| Mar 31, 2026 | 11.88% |
| Dec 31, 2025 | 18.82% |
| Sep 30, 2025 | 20.33% |
| Jun 30, 2025 | 20.71% |
| Mar 31, 2025 | 20.10% |
| Dec 31, 2024 | 15.87% |
| Sep 30, 2024 | 20.21% |
| Jun 30, 2024 | 23.81% |
| Mar 31, 2024 | 22.99% |
| Dec 31, 2023 | 21.50% |
| Sep 30, 2023 | 22.64% |
| Jun 30, 2023 | 24.44% |
| Mar 31, 2023 | 22.55% |
| Dec 31, 2022 | 19.31% |
| Sep 30, 2022 | 21.16% |
| Jun 30, 2022 | 19.77% |
| Mar 31, 2022 | 18.53% |
| Dec 31, 2021 | 17.36% |
| Sep 30, 2021 | 17.96% |