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.
Review Terex source filings ↗Community posts
Terex completes sale of Capacity Trucks and LayMor to Right Lane
Terex ($TEX) sold Capacity Trucks and LayMor to private industrial group Right Lane Industries, which confirmed completion of the transaction. The buyer acquired all membership interests in both businesses, and financial terms were not disc ...
