Terex (TEX) Tax Rate (2009 - 2026)
Terex's (TEX) quarterly Tax Rate came in at 20.86% in Q2 2026, up 176.0% YoY from 7.56% in Q2 2025, and down 20.34% on a QoQ basis from 26.19% in Q1 2026.
Analysis
Terex (TEX) Tax Rate (2009 - 2026) Analysis & Trends
Terex (TEX) has 18 years of Tax Rate data on file, last reported at 20.86% in Q2 2026.
- Quarterly Tax Rate rose 176.0% year-over-year to 20.86% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 23.68% (up 812.0% YoY) and the FY2025 annual result came in at 24.32%, up 642.0% from the prior year.
- Tax Rate eased to 20.86% in Q2 2026, from 26.19% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 30.85% in Q3 2025 to a low of 20.75% in Q4 2023.
- A 5-year average of 17.49% and a median of 19.1% in 2025 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2023 — Tax Rate sank 3431 bps — and 2025, when it jumped 1974 bps.
- Tracing TEX's Tax Rate over 5 years: 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 dropped by 13 bps to 20.86% in 2026.
- The last three Tax Rate figures came in at 20.86% (Q2 2026), 26.19% (Q1 2026), and 24.1% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 364.77 Bn | 358.05 Bn | 7.76 Bn | 23.15% |
| 2 | Deere | 188.05 Bn | 179.12 Bn | 12.32 Bn | 28.11% |
| 3 | Paccar | 64.20 Bn | 55.54 Bn | 1.56 Bn | 23.38% |
| 4 | CNH Industrial | 16.95 Bn | 15.09 Bn | 1.41 Bn | 25.00% |
| 5 | Oshkosh | 9.54 Bn | 9.14 Bn | 480.30 Mn | 16.93% |
| 6 | Agco | 9.05 Bn | 8.48 Bn | 645.90 Mn | 37.34% |
| 7 | Terex | 7.04 Bn | 6.63 Bn | 444.00 Mn | 20.86% |
| 8 | Blue Bird | 2.12 Bn | 2.01 Bn | 103.37 Mn | 5.16% |
| 9 | Alamo | 2.08 Bn | 1.88 Bn | 110.86 Mn | 25.61% |
| 10 | Lindsay | 1.24 Bn | 1.09 Bn | 47.83 Mn | 23.33% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.86% |
| Mar 31, 2026 | 26.19% |
| Dec 31, 2025 | 24.10% |
| Sep 30, 2025 | 30.85% |
| Jun 30, 2025 | 19.10% |
| Mar 31, 2025 | 19.23% |
| Sep 30, 2024 | 11.11% |
| Jun 30, 2024 | 18.97% |
| Mar 31, 2024 | 20.44% |
| Dec 31, 2023 | -20.75% |
| Sep 30, 2023 | 20.13% |
| Jun 30, 2023 | 16.68% |
| Mar 31, 2023 | 17.49% |
| Dec 31, 2022 | 13.56% |
| Sep 30, 2022 | 23.84% |
| Jun 30, 2022 | 16.93% |
| Mar 31, 2022 | 18.54% |
| Dec 31, 2021 | 15.08% |
| Sep 30, 2021 | 22.64% |
| Jun 30, 2021 | 16.61% |