Terex (TEX) Operating Margin (2009 - 2026)
Terex (TEX) posted Operating Margin of 8.36% for Q2 2026, down 0.32 percentage points from 8.68% a year earlier but up 13.08 percentage points from the prior quarter.
Terex (TEX) Operating Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at Terex was 5.72%, down 1.49 percentage points year-over-year; for FY2025, it was 8.76%, down 1.50 percentage points from FY2024.
- Annual Operating Margin shows a five-year change of +6.54 percentage points (FY2020 to FY2025).
- In prior years, Terex's Operating Margin was 10.26% in FY2024 (-2.10 pp), 12.36% in FY2023 (+2.86 pp), 9.51% in FY2022 (+1.07 pp) and 8.44% in FY2021 (+6.22 pp).
- Quarterly Operating Margin has run from a low of -4.73% in Q1 2026 to a high of 14.96% in Q2 2023 over five years.
- On a year-over-year basis, Operating Margin increased in two of the last eight quarters, with an average year-over-year change of -3.02 percentage points.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q4 2025, with a gain of 6.12 percentage points; the weakest was Q1 2026, with a drop of 10.34 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was -4.73% (Q1 2026), 10.39% (Q4 2025) and 10.09% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 333.79 Bn | 305.49 Bn | 7.76 Bn | 20.91% |
| 2 | Amphenol | 197.60 Bn | 192.18 Bn | 3.55 Bn | 29.51% |
| 3 | Deere | 169.21 Bn | 137.30 Bn | 4.66 Bn | 14.72% |
| 4 | Eaton | 152.39 Bn | 149.57 Bn | 2.86 Bn | 16.32% |
| 5 | Parker-Hannifin | 122.22 Bn | 120.34 Bn | 2.25 Bn | 23.86% |
| 6 | Emerson Electric | 89.77 Bn | 82.51 Bn | 2.66 Bn | 26.92% |
| 7 | 3M | 84.26 Bn | 65.66 Bn | 2.68 Bn | 15.14% |
| 8 | Vertiv Holdings | 79.29 Bn | 69.91 Bn | 1.23 Bn | 19.48% |
| 9 | Illinois Tool Works | 77.45 Bn | 74.01 Bn | 1.90 Bn | 26.67% |
| 10 | Terex | 5.76 Bn | 3.68 Bn | 444.00 Mn | 8.36% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.36% |
| Mar 31, 2026 | -4.73% |
| Dec 31, 2025 | 10.39% |
| Sep 30, 2025 | 10.09% |
| Jun 30, 2025 | 8.68% |
| Mar 31, 2025 | 5.61% |
| Dec 31, 2024 | 4.27% |
| Sep 30, 2024 | 10.07% |
| Jun 30, 2024 | 13.97% |
| Mar 31, 2024 | 12.23% |
| Dec 31, 2023 | 9.48% |
| Sep 30, 2023 | 12.64% |
| Jun 30, 2023 | 14.96% |
| Mar 31, 2023 | 11.95% |
| Dec 31, 2022 | 9.92% |
| Sep 30, 2022 | 10.78% |
| Jun 30, 2022 | 9.65% |
| Mar 31, 2022 | 7.43% |
| Dec 31, 2021 | 7.05% |
| Sep 30, 2021 | 7.47% |
Terex Operating 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=operating-margin&ticker=TEX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=TEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();