Terex annual debt-to-equity ratio
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2025
Terex Debt-to-Equity Ratio Growth & History (TEX)
Terex's debt-to-equity ratio was 1.30 for fiscal 2025.
View full Terex company overviewTerex annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.30 | −0.19 | −12.75% |
| 2024 | 2024-12-31 | 1.49 | 1.04 | +231.33% |
| 2023 | 2023-12-31 | 0.45 | −0.29 | −38.86% |
| 2022 | 2022-12-31 | 0.74 | 0.04 | +5.83% |
| 2021 | 2021-12-31 | 0.70 | −0.70 | −50.19% |
| 2020 | 2020-12-31 | 1.40 | −0.01 | −0.69% |
| 2019 | 2019-12-31 | 1.41 | −0.01 | −0.46% |
| 2018 | 2018-12-31 | 1.41 | 0.60 | +74.61% |
| 2017 | 2017-12-31 | 0.81 | −0.25 | −23.83% |
| 2016 | 2016-12-31 | 1.06 | 0.10 | +10.93% |
| 2015 | 2015-12-31 | 0.96 | 0.06 | +7.05% |
| 2014 | 2014-12-31 | 0.89 | −0.01 | −1.19% |
| 2013 | 2013-12-31 | 0.90 | −0.14 | −13.68% |
| 2012 | 2012-12-31 | 1.05 | −0.16 | −13.03% |
| 2011 | 2011-12-31 | 1.20 | 0.40 | +48.84% |
| 2010 | 2010-12-31 | 0.81 | −0.38 | −32.07% |
| 2009 | 2009-12-31 | 1.19 | 0.36 | +42.92% |
| 2008 | 2008-12-31 | 0.83 | — | — |
Terex quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.55 | −0.77 | −58.52% |
| Q1 2026 | 2026-03-31 | 0.57 | −0.83 | −59.22% |
| Q4 2025 | 2025-12-31 | 1.30 | −0.19 | −12.75% |
| Q3 2025 | 2025-09-30 | 1.29 | 0.96 | +300.62% |
| Q2 2025 | 2025-06-30 | 1.32 | 0.95 | +261.62% |
| Q1 2025 | 2025-03-31 | 1.40 | 0.98 | +235.44% |
| Q4 2024 | 2024-12-31 | 1.49 | 1.04 | +231.33% |
| Q3 2024 | 2024-09-30 | 0.32 | −0.21 | −40.00% |
| Q2 2024 | 2024-06-30 | 0.36 | −0.15 | −29.07% |
| Q1 2024 | 2024-03-31 | 0.42 | −0.18 | −30.34% |
| Q4 2023 | 2023-12-31 | 0.45 | −0.29 | −38.86% |
| Q3 2023 | 2023-09-30 | 0.53 | −0.26 | −33.04% |
| Q2 2023 | 2023-06-30 | 0.51 | −0.28 | −34.85% |
| Q1 2023 | 2023-03-31 | 0.60 | −0.06 | −9.68% |
| Q4 2022 | 2022-12-31 | 0.74 | 0.04 | +5.83% |
| Q3 2022 | 2022-09-30 | 0.80 | −0.05 | −6.06% |
| Q2 2022 | 2022-06-30 | 0.79 | −0.08 | −8.71% |
| Q1 2022 | 2022-03-31 | 0.66 | −0.37 | −35.80% |
| Q4 2021 | 2021-12-31 | 0.70 | −0.70 | −50.19% |
| Q3 2021 | 2021-09-30 | 0.85 | −0.53 | −38.27% |
| Q2 2021 | 2021-06-30 | 0.86 | −0.60 | −41.06% |
| Q1 2021 | 2021-03-31 | 1.03 | −0.68 | −39.51% |
| Q4 2020 | 2020-12-31 | 1.40 | −0.01 | −0.69% |
| Q3 2020 | 2020-09-30 | 1.38 | −0.13 | −8.40% |
| Q2 2020 | 2020-06-30 | 1.47 | −0.25 | −14.56% |
| Q1 2020 | 2020-03-31 | 1.71 | −0.34 | −16.68% |
| Q4 2019 | 2019-12-31 | 1.41 | −0.01 | −0.46% |
| Q3 2019 | 2019-09-30 | 1.50 | 0.34 | +29.24% |
| Q2 2019 | 2019-06-30 | 1.72 | 0.56 | +48.74% |
| Q1 2019 | 2019-03-31 | 2.05 | 1.05 | +104.46% |
| Q4 2018 | 2018-12-31 | 1.41 | 0.60 | +74.61% |
| Q3 2018 | 2018-09-30 | 1.16 | 0.45 | +62.99% |
| Q2 2018 | 2018-06-30 | 1.15 | 0.51 | +79.24% |
| Q1 2018 | 2018-03-31 | 1.00 | 0.27 | +36.99% |
| Q4 2017 | 2017-12-31 | 0.81 | −0.25 | −23.83% |
| Q3 2017 | 2017-09-30 | 0.71 | −0.17 | −19.42% |
| Q2 2017 | 2017-06-30 | 0.64 | −0.26 | −29.09% |
| Q1 2017 | 2017-03-31 | 0.73 | −0.25 | −25.72% |
| Q4 2016 | 2016-12-31 | 1.06 | 0.10 | +10.93% |
| Q3 2016 | 2016-09-30 | 0.89 | −0.12 | −11.77% |
| Q2 2016 | 2016-06-30 | 0.91 | −0.09 | −8.75% |
| Q1 2016 | 2016-03-31 | 0.99 | −0.08 | −7.90% |
| Q4 2015 | 2015-12-31 | 0.96 | 0.06 | +7.05% |
| Q3 2015 | 2015-09-30 | 1.00 | 0.17 | +20.24% |
| Q2 2015 | 2015-06-30 | 1.00 | 0.17 | +20.75% |
| Q1 2015 | 2015-03-31 | 1.07 | 0.13 | +13.79% |
| Q4 2014 | 2014-12-31 | 0.89 | −0.01 | −1.19% |
| Q3 2014 | 2014-09-30 | 0.84 | −0.08 | −8.24% |
| Q2 2014 | 2014-06-30 | 0.82 | −0.13 | −13.78% |
| Q1 2014 | 2014-03-31 | 0.94 | −0.12 | −11.48% |
| Q4 2013 | 2013-12-31 | 0.90 | −0.14 | −13.68% |
| Q3 2013 | 2013-09-30 | 0.91 | −0.09 | −9.40% |
| Q2 2013 | 2013-06-30 | 0.96 | −0.25 | −20.81% |
| Q1 2013 | 2013-03-31 | 1.06 | −0.24 | −18.57% |
| Q4 2012 | 2012-12-31 | 1.05 | −0.16 | −13.03% |
| Q3 2012 | 2012-09-30 | 1.00 | −0.16 | −13.64% |
| Q2 2012 | 2012-06-30 | 1.21 | 0.55 | +84.41% |
| Q1 2012 | 2012-03-31 | 1.31 | 0.65 | +98.93% |
| Q4 2011 | 2011-12-31 | 1.20 | 0.40 | +48.84% |
| Q3 2011 | 2011-09-30 | 1.16 | 0.21 | +21.68% |
| Q2 2011 | 2011-06-30 | 0.65 | −0.39 | −37.17% |
| Q1 2011 | 2011-03-31 | 0.66 | −0.28 | −29.84% |
| Q4 2010 | 2010-12-31 | 0.81 | −0.38 | −32.07% |
| Q3 2010 | 2010-09-30 | 0.96 | −0.14 | −13.17% |
| Q2 2010 | 2010-06-30 | 1.04 | 0.11 | +11.66% |
| Q1 2010 | 2010-03-31 | 0.94 | — | — |
| Q4 2009 | 2009-12-31 | 1.19 | 0.36 | +42.89% |
| Q3 2009 | 2009-09-30 | 1.10 | — | — |
| Q2 2009 | 2009-06-30 | 0.93 | — | — |
| Q4 2008 | 2008-12-31 | 0.83 | — | — |
Terex debt-to-equity ratio trends
Over the last five fiscal years, Terex's debt-to-equity ratio decreased from 1.40 to 1.30, a change of −0.10. The latest reported quarter, Q2 2026, shows 0.55.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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