Terex (TEX) Tax Rate (2009 - 2026)

Terex (TEX) reported Tax Rate of 26.19% for Q1 2026, up 696.0% on a YoY basis from 3.29% in Q1 2025, and up 8.69% quarter-over-quarter from 24.1% in Q4 2025.

Terex (TEX) Tax Rate (2009 - 2026) Analysis & Trends

Terex has reported Tax Rate for 18 years, with the latest figure at 26.19% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate rose 696.0% year-over-year to 26.19%; the trailing twelve-month figure through Mar 2026 stood at 23.57% (up 707.0% YoY), and the FY2025 full-year result was 24.32%, up 642.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 26.19%, up from 24.1% in the prior quarter.
  • The five-year high for Tax Rate was 30.85% in Q3 2025, with the low at 20.75% in Q4 2023.
  • Historically, Tax Rate has averaged 17.27% across 5 years, with a median of 19.03% in 2024.
  • Annual changes were most pronounced in 2023 — Tax Rate sank 3431 bps — and 2025, when it jumped 1974 bps.
  • Terex's Tax Rate stood at 13.56% in 2022, then sank by 253 bps to 20.75% in 2023, then jumped by 154 bps to 11.11% in 2024, then soared by 117 bps to 24.1% in 2025, then grew by 9 bps to 26.19% in 2026.
  • The last three Tax Rate figures came in at 26.19% (Q1 2026), 24.1% (Q4 2025), and 30.85% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Caterpillar 397.22 Bn 393.14 Bn 6.11 Bn 20.87%
2 Deere 151.61 Bn 143.71 Bn 13.06 Bn 22.59%
3 Paccar 60.18 Bn 59.49 Bn 1.36 Bn 22.03%
4 Oshkosh 8.00 Bn 7.75 Bn 311.90 Mn 19.20%
5 Terex 5.74 Bn 5.35 Bn 206.00 Mn 26.19%
6 Blue Bird 2.18 Bn 1.91 Bn 70.65 Mn 24.88%
7 Alamo 1.82 Bn 1.62 Bn 104.81 Mn 25.26%
8 Lindsay 1.21 Bn 1.02 Bn 42.35 Mn 22.48%
9 Astec Industries 1.14 Bn 1.06 Bn 99.10 Mn 53.57%
10 Hyster-Yale 613.93 Mn 618.23 Mn 124.80 Mn 5.61%

Historic Data

Download Data
DateValue
Mar 31, 2026 26.19%
Mar 31, 2026 26.19%
Dec 31, 2025 24.10%
Dec 31, 2025 24.10%
Sep 30, 2025 30.85%
Sep 30, 2025 30.85%
Jun 30, 2025 19.10%
Jun 30, 2025 19.10%
Mar 31, 2025 19.23%
Mar 31, 2025 19.23%
Sep 30, 2024 11.11%
Sep 30, 2024 11.11%
Jun 30, 2024 18.97%
Jun 30, 2024 18.97%
Mar 31, 2024 20.44%
Mar 31, 2024 20.44%
Dec 31, 2023 -20.75%
Dec 31, 2023 -20.75%
Sep 30, 2023 20.13%
Sep 30, 2023 20.13%