Terex (TEX) Gross Margin (2009 - 2026)
Terex (TEX) reported Gross Margin of 11.88% for Q1 2026, down 822.0% on a YoY basis from 1.65% in Q1 2025, and down 36.86% quarter-over-quarter from 18.82% in Q4 2025.
Terex (TEX) Gross Margin (2009 - 2026) Analysis & Trends
Terex has reported Gross Margin for 18 years, with the latest figure at 11.88% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 822.0% year-over-year to 11.88%; the trailing twelve-month figure through Mar 2026 stood at 17.33% (down 277.0% YoY), and the FY2025 full-year result was 19.39%, down 144.0% from the prior year.
- Gross Margin for Q1 2026 stood at 11.88%, down from 18.82% in the prior quarter.
- The five-year high for Gross Margin was 24.44% in Q2 2023, with the low at 11.88% in Q1 2026.
- Historically, Gross Margin has averaged 20.2% across 5 years, with a median of 20.21% in 2024.
- Annual changes were most pronounced in 2023 — Gross Margin surged 467 bps — and 2026, when it plunged 822 bps.
- Terex's Gross Margin 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 tumbled by 37 bps to 11.88% in 2026.
- The last three Gross Margin figures came in at 11.88% (Q1 2026), 18.82% (Q4 2025), and 20.33% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 424.10 Bn | 420.03 Bn | 6.11 Bn | 35.08% |
| 2 | Deere | 156.25 Bn | 148.36 Bn | 13.06 Bn | 97.71% |
| 3 | Paccar | 63.14 Bn | 62.45 Bn | 1.36 Bn | 20.07% |
| 4 | Oshkosh | 8.32 Bn | 8.07 Bn | 311.90 Mn | 13.46% |
| 5 | Terex | 6.12 Bn | 5.73 Bn | 206.00 Mn | 11.88% |
| 6 | Blue Bird | 2.24 Bn | 1.97 Bn | 70.65 Mn | 20.03% |
| 7 | Alamo | 1.85 Bn | 1.65 Bn | 104.81 Mn | 25.12% |
| 8 | Lindsay | 1.21 Bn | 1.02 Bn | 42.35 Mn | 27.38% |
| 9 | Astec Industries | 1.18 Bn | 1.11 Bn | 99.10 Mn | 25.01% |
| 10 | Hyster-Yale | 619.64 Mn | 623.94 Mn | 124.80 Mn | 15.69% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.88% |
| Dec 31, 2025 | 18.82% |
| Sep 30, 2025 | 20.33% |
| Jun 30, 2025 | 19.57% |
| 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% |
| Jun 30, 2021 | 22.30% |