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.
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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 389.18 Bn | 382.47 Bn | 7.76 Bn | 23.15% |
| 2 | Deere | 166.81 Bn | 158.90 Bn | 13.06 Bn | 22.59% |
| 3 | Paccar | 69.77 Bn | 61.10 Bn | 1.56 Bn | 23.38% |
| 4 | CNH Industrial | 13.33 Bn | 11.46 Bn | 1.41 Bn | 25.00% |
| 5 | Oshkosh | 9.78 Bn | 9.37 Bn | 480.30 Mn | 16.93% |
| 6 | Terex | 7.69 Bn | 7.28 Bn | 444.00 Mn | 20.86% |
| 7 | Agco | 7.24 Bn | 6.67 Bn | 645.90 Mn | 37.34% |
| 8 | Blue Bird | 2.26 Bn | 2.14 Bn | 103.37 Mn | 5.16% |
| 9 | Alamo | 2.07 Bn | 1.88 Bn | 110.86 Mn | 25.61% |
| 10 | Lindsay | 1.20 Bn | 1.04 Bn | 47.83 Mn | 23.12% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 20.86% |
| Jun 30, 2026 | 20.86% |
| Jun 30, 2026 | 20.86% |
| Mar 31, 2026 | 26.19% |
| Mar 31, 2026 | 26.19% |
| Mar 31, 2026 | 26.19% |
| Dec 31, 2025 | 24.10% |
| Dec 31, 2025 | 24.10% |
| Dec 31, 2025 | 24.10% |
| Sep 30, 2025 | 30.85% |
| Sep 30, 2025 | 30.85% |
| Sep 30, 2025 | 30.85% |
| Jun 30, 2025 | 19.10% |
| Jun 30, 2025 | 19.10% |
| Jun 30, 2025 | 19.10% |
| Mar 31, 2025 | 19.23% |
| Mar 31, 2025 | 19.23% |
| Mar 31, 2025 | 19.23% |
| Sep 30, 2024 | 11.11% |
| Sep 30, 2024 | 11.11% |