Terex (TEX) Interest Coverage Ratio (2009 - 2026)
Terex's (TEX) Interest Coverage Ratio came in at 3.74 for Q2 2026, up 27.6% from 2.93 a year earlier.
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Analysis
Terex (TEX) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Interest Coverage Ratio at Terex was 2.04, down 20.6% year-over-year; for FY2025, it was 2.68, down 54.6% from FY2024.
- In prior years, Terex's Interest Coverage Ratio was 5.91 in FY2024 (-41.5%), 10.11 in FY2023 (+18.0%), 8.57 in FY2022 (+34.6%) and 6.37 in FY2021 (+513.6%).
- The Q2 2026 figure stands as the highest quarterly Interest Coverage Ratio since Q3 2024.
- On a year-over-year basis, Interest Coverage Ratio increased in two of the last seven quarters, with an average decline of 18.4%.
- The strongest year-over-year quarter for Interest Coverage Ratio in the past five years was Q4 2021, with growth of 222.2%; the weakest was Q1 2025, with a decline of 84.8%.
- According to Business Quant data, Interest Coverage Ratio for the three prior quarters was -1.74 (Q1 2026), 3.04 (Q4 2025) and 3.11 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 333.79 Bn | 305.49 Bn | 7.76 Bn | 8.64 |
| 2 | Amphenol | 197.60 Bn | 192.18 Bn | 3.55 Bn | 12.09 |
| 3 | Deere | 169.21 Bn | 137.30 Bn | 4.66 Bn | 2.81 |
| 4 | Eaton | 152.39 Bn | 149.57 Bn | 2.86 Bn | 6.93 |
| 5 | Parker-Hannifin | 122.22 Bn | 120.34 Bn | 2.25 Bn | 14.45 |
| 6 | Emerson Electric | 89.77 Bn | 82.51 Bn | 2.66 Bn | - |
| 7 | 3M | 84.26 Bn | 65.66 Bn | 2.68 Bn | - |
| 8 | Vertiv Holdings | 79.29 Bn | 69.91 Bn | 1.23 Bn | 36.66 |
| 9 | Illinois Tool Works | 77.45 Bn | 74.01 Bn | 1.90 Bn | 14.52 |
| 10 | Terex | 5.76 Bn | 3.68 Bn | 444.00 Mn | 3.74 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.74 |
| Mar 31, 2026 | -1.74 |
| Dec 31, 2025 | 3.04 |
| Sep 30, 2025 | 3.11 |
| Jun 30, 2025 | 2.93 |
| Mar 31, 2025 | 1.60 |
| Dec 31, 2024 | 1.18 |
| Sep 30, 2024 | 9.38 |
| Jun 30, 2024 | 12.87 |
| Mar 31, 2024 | 10.53 |
| Dec 31, 2023 | 7.25 |
| Sep 30, 2023 | 9.59 |
| Jun 30, 2023 | 13.63 |
| Mar 31, 2023 | 9.91 |
| Dec 31, 2022 | 9.15 |
| Sep 30, 2022 | 8.95 |
| Jun 30, 2022 | 8.81 |
| Mar 31, 2022 | 7.03 |
| Dec 31, 2021 | 6.40 |
| Sep 30, 2021 | 6.03 |
API Access
Terex Interest Coverage Ratio 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=interest-coverage-ratio&ticker=TEX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=TEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();