Terex (TEX) Tax Rate (2011 - 2026)
Terex's Tax Rate was 20.86% in Q2 2026, up 1.76 percentage points from 19.10% a year earlier but down 5.33 percentage points from the prior quarter.
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Analysis
Terex (TEX) Tax Rate (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Terex's Tax Rate was 23.68% through Jun 30, 2026, up 8.12 percentage points year-over-year; for FY2025, it came in at 24.32%, up 6.42 percentage points from FY2024.
- Tax Rate shows a five-year change of +6.13 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 17.89% in FY2024 (+7.03 pp), 10.86% in FY2023 (-7.39 pp), 18.26% in FY2022 (+0.70 pp) and 17.55% in FY2021 (-0.63 pp).
- Quarterly Tax Rate has moved between -20.75% (Q4 2023) and 30.85% (Q3 2025) over five years.
- Compared with a year earlier, Tax Rate was higher in four of the last six quarters, with an average year-over-year change of +3.06 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q3 2021 (a gain of 27.90 percentage points); the worst was Q4 2023 (a drop of 34.31 percentage points).
- Per Business Quant data, TEX's Tax Rate in the three quarters before Q2 2026 was 26.19% (Q1 2026), 24.10% (Q4 2025) and 30.85% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 333.79 Bn | 305.49 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 197.60 Bn | 192.18 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 169.21 Bn | 137.30 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 152.39 Bn | 149.57 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 122.22 Bn | 120.34 Bn | 2.25 Bn | 18.51% |
| 6 | Emerson Electric | 89.77 Bn | 82.51 Bn | 2.66 Bn | 21.62% |
| 7 | 3M | 84.26 Bn | 65.66 Bn | 2.68 Bn | 16.34% |
| 8 | Vertiv Holdings | 79.29 Bn | 69.91 Bn | 1.23 Bn | 19.71% |
| 9 | Illinois Tool Works | 77.45 Bn | 74.01 Bn | 1.90 Bn | 24.54% |
| 10 | Terex | 5.76 Bn | 3.68 Bn | 444.00 Mn | 20.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.86% |
| 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% |
| 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% |
| Mar 31, 2021 | 16.24% |
| Dec 31, 2020 | 31.65% |
API Access
Terex Tax Rate 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=tax-rate&ticker=TEX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=TEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();