Terex annual operating margin
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2025
Terex Operating Margin Growth & History (TEX)
Terex's operating margin was 8.76% for fiscal 2025.
View full Terex company overviewTerex annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 8.76% | −1.50 pp |
| 2024 | 2024-12-31 | 10.26% | −2.10 pp |
| 2023 | 2023-12-31 | 12.36% | +2.86 pp |
| 2022 | 2022-12-31 | 9.51% | +1.07 pp |
| 2021 | 2021-12-31 | 8.44% | +6.22 pp |
| 2020 | 2020-12-31 | 2.22% | −5.47 pp |
| 2019 | 2019-12-31 | 7.70% | −1.44 pp |
| 2018 | 2018-12-31 | 9.13% | +3.12 pp |
| 2017 | 2017-12-31 | 6.02% | +9.21 pp |
| 2016 | 2016-12-31 | −3.19% | −9.64 pp |
| 2015 | 2015-12-31 | 6.45% | −0.85 pp |
| 2014 | 2014-12-31 | 7.29% | +1.38 pp |
| 2013 | 2013-12-31 | 5.92% | +0.66 pp |
| 2012 | 2012-12-31 | 5.25% | +4.28 pp |
| 2011 | 2011-12-31 | 0.97% | +2.64 pp |
| 2010 | 2010-12-31 | −1.67% | +8.74 pp |
| 2009 | 2009-12-31 | −10.41% | −12.56 pp |
| 2008 | 2008-12-31 | 2.15% | −8.29 pp |
| 2007 | 2007-12-31 | 10.43% | — |
Terex quarterly operating margin
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Q3.22
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Q1.23
Q2.23
Q3.23
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Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 8.36% | −0.32 pp |
| Q1 2026 | 2026-03-31 | −4.73% | −10.34 pp |
| Q4 2025 | 2025-12-31 | 10.39% | +6.12 pp |
| Q3 2025 | 2025-09-30 | 10.09% | +0.03 pp |
| Q2 2025 | 2025-06-30 | 8.68% | −5.29 pp |
| Q1 2025 | 2025-03-31 | 5.61% | −6.61 pp |
| Q4 2024 | 2024-12-31 | 4.27% | −5.25 pp |
| Q3 2024 | 2024-09-30 | 10.07% | −2.57 pp |
| Q2 2024 | 2024-06-30 | 13.97% | −0.99 pp |
| Q1 2024 | 2024-03-31 | 12.23% | +0.28 pp |
| Q4 2023 | 2023-12-31 | 9.52% | −0.40 pp |
| Q3 2023 | 2023-09-30 | 12.64% | +1.85 pp |
| Q2 2023 | 2023-06-30 | 14.96% | +5.31 pp |
| Q1 2023 | 2023-03-31 | 11.95% | +4.52 pp |
| Q4 2022 | 2022-12-31 | 9.92% | +2.87 pp |
| Q3 2022 | 2022-09-30 | 10.78% | +3.31 pp |
| Q2 2022 | 2022-06-30 | 9.65% | −2.15 pp |
| Q1 2022 | 2022-03-31 | 7.43% | +0.32 pp |
| Q4 2021 | 2021-12-31 | 7.05% | +3.03 pp |
| Q3 2021 | 2021-09-30 | 7.47% | +2.70 pp |
| Q2 2021 | 2021-06-30 | 11.79% | +10.72 pp |
| Q1 2021 | 2021-03-31 | 7.12% | +7.97 pp |
| Q4 2020 | 2020-12-31 | 4.02% | +1.43 pp |
| Q3 2020 | 2020-09-30 | 4.77% | −3.67 pp |
| Q2 2020 | 2020-06-30 | 1.07% | −8.57 pp |
| Q1 2020 | 2020-03-31 | −0.85% | −9.62 pp |
| Q4 2019 | 2019-12-31 | 2.59% | −5.19 pp |
| Q3 2019 | 2019-09-30 | 8.43% | −1.05 pp |
| Q2 2019 | 2019-06-30 | 9.64% | −0.93 pp |
| Q1 2019 | 2019-03-31 | 8.77% | +0.33 pp |
| Q4 2018 | 2018-12-31 | 7.78% | −10.30 pp |
| Q3 2018 | 2018-09-30 | 9.48% | +3.55 pp |
| Q2 2018 | 2018-06-30 | 10.57% | +3.99 pp |
| Q1 2018 | 2018-03-31 | 8.45% | +8.91 pp |
| Q4 2017 | 2017-12-31 | 18.08% | +45.38 pp |
| Q3 2017 | 2017-09-30 | 5.93% | +2.18 pp |
| Q2 2017 | 2017-06-30 | 6.58% | +0.92 pp |
| Q1 2017 | 2017-03-31 | −0.47% | −1.48 pp |
| Q4 2016 | 2016-12-31 | −27.30% | −33.50 pp |
| Q3 2016 | 2016-09-30 | 3.75% | −3.59 pp |
| Q2 2016 | 2016-06-30 | 5.66% | −3.78 pp |
| Q1 2016 | 2016-03-31 | 1.01% | −1.94 pp |
| Q4 2015 | 2015-12-31 | 6.20% | −0.26 pp |
| Q3 2015 | 2015-09-30 | 7.34% | −0.49 pp |
| Q2 2015 | 2015-06-30 | 9.43% | +4.90 pp |
| Q1 2015 | 2015-03-31 | 2.96% | −4.30 pp |
| Q3 2014 | 2014-09-30 | 6.45% | −1.43 pp |
| Q2 2014 | 2014-06-30 | 7.83% | +3.34 pp |
| Q1 2014 | 2014-03-31 | 4.53% | +0.57 pp |
| Q4 2013 | 2013-12-31 | 7.25% | +7.55 pp |
| Q3 2013 | 2013-09-30 | 7.89% | +0.65 pp |
| Q2 2013 | 2013-06-30 | 4.49% | −4.21 pp |
| Q1 2013 | 2013-03-31 | 3.97% | +0.46 pp |
| Q4 2012 | 2012-12-31 | −0.29% | −0.90 pp |
| Q3 2012 | 2012-09-30 | 7.24% | +4.32 pp |
| Q2 2012 | 2012-06-30 | 8.70% | +8.24 pp |
| Q1 2012 | 2012-03-31 | 3.51% | +4.25 pp |
| Q4 2011 | 2011-12-31 | 0.61% | +0.65 pp |
| Q3 2011 | 2011-09-30 | 2.92% | +2.58 pp |
| Q2 2011 | 2011-06-30 | 0.46% | +1.42 pp |
| Q1 2011 | 2011-03-31 | −0.74% | +6.37 pp |
| Q4 2010 | 2010-12-31 | −0.04% | +7.41 pp |
| Q3 2010 | 2010-09-30 | 0.33% | +11.07 pp |
| Q2 2010 | 2010-06-30 | −0.96% | +11.19 pp |
| Q1 2010 | 2010-03-31 | −7.11% | +4.39 pp |
| Q4 2009 | 2009-12-31 | −7.45% | −14.09 pp |
| Q3 2009 | 2009-09-30 | −10.74% | −23.37 pp |
| Q2 2009 | 2009-06-30 | −12.15% | — |
| Q1 2009 | 2009-03-31 | −11.49% | — |
| Q3 2008 | 2008-09-30 | 6.65% | — |
| Q2 2008 | 2008-06-30 | 12.63% | — |
Terex operating margin trends
Over the last five reported fiscal years, Terex's operating margin increased from 2.22% to 8.76%, a change of +6.54 percentage points. The latest reported quarter, Q2 2026, shows 8.36%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Terex filings at SEC.gov ↗