Terex TEX
NYSE TEX
$61.81 +2.52 (+4.25%)
At close: Sep 2, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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%