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
DateValue
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%