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| Date | Value |
|---|---|
| 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% |