Terex (TEX) Tax Rate (2009 - 2026)
Terex's (TEX) quarterly Tax Rate came in at 20.86% in Q2 2026, up 176.0% on a YoY basis from 7.56% in Q2 2025, and down 20.34% quarter-over-quarter from 26.19% in Q1 2026.
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Terex (TEX) Tax Rate (2009 - 2026) Analysis & Trends
Terex (TEX) has reported Tax Rate for 18 consecutive years, with 20.86% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 176.0% year-over-year to 20.86%; the trailing twelve-month figure through Jun 2026 stood at 23.68% (up 812.0% YoY), and the FY2025 full-year result was 24.32%, up 642.0% from the prior year.
- Tax Rate retreated to 20.86% in Q2 2026 per TEX's latest filing, from 26.19% in the prior quarter.
- Across five years, Tax Rate topped out at 30.85% in Q3 2025 and bottomed at 20.75% in Q4 2023.
- Historically, Tax Rate has averaged 17.49% across 5 years, with a median of 19.1% in 2025.
- The sharpest annual moves came in 2023 and 2025: Tax Rate slumped 3431 bps in 2023, then surged 1974 bps in 2025.
- Over 5 years, Tax Rate stood at 13.56% in 2022, then tumbled by 253 bps to 20.75% in 2023, then soared by 154 bps to 11.11% in 2024, then surged by 117 bps to 24.1% in 2025, then fell by 13 bps to 20.86% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 20.86%, 26.19%, and 24.1% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 371.58 Bn | 364.86 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 204.28 Bn | 198.29 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 189.58 Bn | 180.70 Bn | 12.32 Bn | 28.11% |
| 4 | Eaton | 171.87 Bn | 171.22 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 121.60 Bn | 121.11 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 97.62 Bn | 94.51 Bn | 1.23 Bn | 19.71% |
| 7 | 3M | 87.32 Bn | 84.04 Bn | 2.68 Bn | 16.34% |
| 8 | Emerson Electric | 86.05 Bn | 83.88 Bn | 2.66 Bn | 21.62% |
| 9 | Illinois Tool Works | 77.02 Bn | 76.18 Bn | 1.90 Bn | 24.54% |
| 10 | Terex | 6.72 Bn | 6.31 Bn | 444.00 Mn | 20.86% |
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% |
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();