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.
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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 389.08 Bn | 382.37 Bn | 7.76 Bn | 37.78% |
| 2 | Deere | 166.87 Bn | 158.96 Bn | 13.06 Bn | 97.71% |
| 3 | Paccar | 69.69 Bn | 61.02 Bn | 1.56 Bn | 20.64% |
| 4 | CNH Industrial | 13.25 Bn | 11.38 Bn | 1.41 Bn | 29.29% |
| 5 | Oshkosh | 9.73 Bn | 9.33 Bn | 480.30 Mn | 16.48% |
| 6 | Terex | 7.71 Bn | 7.30 Bn | 444.00 Mn | 19.84% |
| 7 | Agco | 7.21 Bn | 6.64 Bn | 645.90 Mn | 24.75% |
| 8 | Blue Bird | 2.28 Bn | 2.16 Bn | 103.37 Mn | 19.99% |
| 9 | Alamo | 2.06 Bn | 1.86 Bn | 110.86 Mn | 24.59% |
| 10 | Lindsay | 1.19 Bn | 1.04 Bn | 47.83 Mn | 30.49% |
Historic Data
Download 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 | 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% |