Terex (TEX) Gross Margin (2009 - 2026)
Terex's (TEX) quarterly Gross Margin came in at 19.84% in Q2 2026, down 87.0% on a YoY basis from 152.61% in Q2 2025, and up 67.0% quarter-over-quarter from 11.88% in Q1 2026.
Terex (TEX) Gross Margin (2009 - 2026) Analysis & Trends
Terex (TEX) has reported Gross Margin for 18 consecutive years, with 19.84% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 87.0% year-over-year to 19.84%; the trailing twelve-month figure through Jun 2026 stood at 17.67% (down 162.0% YoY), and the FY2025 full-year result was 19.39%, down 144.0% from the prior year.
- Gross Margin improved to 19.84% in Q2 2026 per TEX's latest filing, from 11.88% in the prior quarter.
- Across five years, Gross Margin topped out at 24.44% in Q2 2023 and bottomed at 11.88% in Q1 2026.
- Historically, Gross Margin has averaged 20.25% across 5 years, with a median of 20.27% in 2024.
- The sharpest annual moves came in 2023 and 2026: Gross Margin soared 467 bps in 2023, then sank 822 bps in 2026.
- Over 5 years, Gross Margin stood at 19.31% in 2022, then advanced by 11 bps to 21.5% in 2023, then slipped by 26 bps to 15.87% in 2024, then gained by 19 bps to 18.82% in 2025, then advanced by 5 bps to 19.84% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 19.84%, 11.88%, and 18.82% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 371.58 Bn | 364.86 Bn | 7.76 Bn | 37.78% |
| 2 | Amphenol | 204.28 Bn | 198.29 Bn | 3.55 Bn | 40.51% |
| 3 | Deere | 189.58 Bn | 180.70 Bn | 12.32 Bn | 97.70% |
| 4 | Eaton | 171.87 Bn | 171.22 Bn | 2.86 Bn | 33.47% |
| 5 | Parker-Hannifin | 121.60 Bn | 121.11 Bn | 2.25 Bn | 39.04% |
| 6 | Vertiv Holdings | 97.62 Bn | 94.51 Bn | 1.23 Bn | 37.71% |
| 7 | 3M | 87.32 Bn | 84.04 Bn | 2.68 Bn | 41.28% |
| 8 | Emerson Electric | 86.05 Bn | 83.88 Bn | 2.66 Bn | 54.48% |
| 9 | Illinois Tool Works | 77.02 Bn | 76.18 Bn | 1.90 Bn | 44.13% |
| 10 | Terex | 6.72 Bn | 6.31 Bn | 444.00 Mn | 19.84% |
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% |
Terex Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=TEX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "TEX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=TEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();