Terex Corporation announced its second quarter 2025 results, demonstrating the strength of its diversified portfolio. The Environmental Solutions segment exceeded expectations with robust sales and margin performance, while Materials Processing achieved sequential growth. Despite industry-wide challenges in Aerials, the company's overall financial performance was solid, supported by strong cash flow generation and a new share repurchase program.
Terex Corporation exceeded its initial financial outlook for the first quarter of 2025, primarily driven by strong execution in its newly acquired Environmental Solutions Group (ESG) business. While Materials Processing (MP) and Aerials performance aligned with plans for production resets, the overall results were bolstered by ESG's contribution, accounting for approximately one-third of the quarter's revenue.
Terex reported Q4 net sales of $1.2 billion, slightly up from the prior year due to the addition of ESG, though sales in legacy segments were down 17%. Full-year EPS reached $6.11 on sales of $5.1 billion. The company is implementing its revised Execute, Innovate and Grow strategy, focusing on reducing fixed costs, improving operational efficiency, and driving organic growth, particularly through the integration of ESG.
Terex reported an EPS of $1.46 on sales of $1.2 billion. The company has acquired Environmental Solutions Group (ESG) which is expected to add approximately $40 million in EBITDA in the fourth quarter. The company expects full-year EPS to be between $5.85 and $6.25 and EBITDA of $635 to $670 million on revenue of $5 to $5.2 billion.
Terex reported a solid second quarter with revenue of $1.4 billion and adjusted EPS of $2.16. The company is on track to deliver full-year adjusted EPS in the range of $7.15 to $7.45. AWP segment experienced growth, while MP segment was impacted by softness in the European market.
Terex Corporation reported a strong start to 2024, with a 5% increase in sales and a 20 basis point expansion in operating margins. The company achieved earnings per share of $1.60 and a return on invested capital exceeding 27%. Due to this performance, Terex is raising its 2024 sales and profit outlook, expecting earnings per share in the range of $6.95 to $7.35.
Terex reported Q4 sales of $1.2 billion, consistent with the prior year, and a gross margin of 21.5%, up 220 basis points. Earnings per share were $1.88, including a net favorable impact of $0.47 from non-recurring items. Excluding these items, EPS was $1.41. The company's backlog remains strong at $3.4 billion.
Terex reported strong Q3 2023 results with sales of $1.3 billion, up 15% year-over-year, and EPS of $1.75, a 46% increase. The company is increasing its full-year earnings outlook to approximately $7.05 per share.
Terex reported strong Q2 2023 results with sales of $1.4 billion, a 30% increase year-over-year. Operating margins expanded to 15%, and EPS more than doubled to $2.35. Due to this strong performance, the company is raising its full-year EPS outlook to approximately $7.00.
Terex reported a strong first quarter with sales up 23% year-over-year to $1.2 billion. Operating margins expanded by 460 basis points to 12.0%, and earnings per share more than doubled to $1.60. The company is raising its full-year EPS outlook to a range of $5.60 to $6.00.
Terex reported strong Q4 2022 results with sales up 23% year-over-year and operating margins improving by 290 basis points. The company's EPS increased by 63%, reflecting strong execution. Terex ended the year with a backlog of $4.1 billion, up 22% from the prior year.
Terex reported strong Q3 2022 results with sales of $1.1 billion, up 13% year-over-year, and EPS of $1.20, a 79% increase. The company raised its full-year EPS outlook to $4.00-$4.20 on sales of approximately $4.3 billion.
Terex reported a solid financial performance for Q2 2022, with sales of $1.1 billion, up 4% year-over-year. The company raised its full-year earnings per share outlook to $3.80 to $4.20 due to strong execution and a robust backlog.
Terex reported strong Q1 2022 results with sales of $1 billion, driven by strong global customer demand. Operating margin improved to 7.4%, and earnings per share increased to $0.74, up 32% year-over-year. The company's backlog reached a record $3.5 billion, reflecting robust demand in both MP and AWP segments.
Terex reported an excellent fourth quarter with EPS of $0.82, nearly quadrupling year-over-year. Sales were up 26% year-over-year, and the company ended 2021 with a record backlog of $3 billion, up 122%. Focused cost management continued, resulting in 300 basis points of operating margin improvement.
Terex reported strong year-over-year top line revenue growth, impacted by supply chain challenges, especially within the AWP segment. Global end market demand remains robust, with quarterly bookings double the prior year. Operating margins and EPS improved significantly versus last year but were lower than prior expectations due to revenue shortfall, supply chain challenges, and inflationary cost pressures.
Terex reported a strong second quarter with revenues up 50% year-over-year to $1 billion. Operating margins improved dramatically to 11.8%, and the company generated $101 million in positive free cash flow. The company is increasing its earnings and free cash flow outlook for the full-year 2021.
Terex reported a strong start to 2021, with revenues exceeding expectations due to increased customer demand. Operating margins and backlog improved in both AWP and MP segments year-over-year. The company significantly improved its first-quarter earnings per share compared to last year and is increasing its full-year sales, operating profit, cash flow, and EPS outlook.
Terex Corporation announced Q4 2020 income from continuing operations of $14.9 million, or $0.21 per share, on net sales of $786.7 million. The company reinstated its quarterly dividend for 2021 at $0.12 per share.
Terex reported Q3 revenue in line with expectations, with sequential improvements in both AWP and MP segments. The company demonstrated strong cost control, resulting in profitability that outperformed initial outlook. Positive free cash flow was generated through net working capital management.
Terex reported a challenging Q2 2020 with revenue down 47% year-over-year due to COVID-19 impacts, but markets stabilized and began to recover. The company achieved a 20% decremental operating margin through aggressive cost reduction actions and generated positive free cash flow of $71 million. Terex is focused on maintaining liquidity and managing costs in line with customer demand.
Terex Corporation's Q1 2020 results were significantly impacted by the COVID-19 pandemic, with revenue down 27% year-over-year. The company responded by implementing cost reduction programs, temporarily suspending manufacturing operations, and focusing on maintaining financial flexibility. Despite the challenges, free cash flow improved year-over-year.
Terex reported Q4 results reflecting challenging global industrial equipment markets, with AWP revenue down 21%. MP maintained 12% operating margins despite a 10% revenue decrease. The company generated positive free cash flow and ended the year with a strong balance sheet.