Terex

OverviewSuggest Edit

Terex is a manufacturer of lifting and material handling equipment. The company operates through two segments: Aerial Work Platforms (AWP) and Materials Processing (MP). The AWP segment designs, manufactures, services, and markets aerial work platform equipment, utility equipment, telehandlers, and light towers. The MP segment offers materials processing and specialty equipment, including crushers, washing systems, screens, apron feeders, material handlers, pick and carry cranes, wood processing, biomass and recycling equipment, concrete mixer trucks and concrete pavers, conveyors, and their related components and replacement parts. Additionally, Terex assists customers in rental, leasing, and acquisition of its products through Terex Financial Services (TFS). The company serves the construction, infrastructure, quarrying, mining, shipping, transportation, refining, energy, and utility industries.

TypePublic
Founded1986
HQNorwalk, CT, USMap
Websiteterex.com
Employee Ratings3.5More
Overall CultureD-More
View Jobs (186)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2020)8,200(-13%)
Job Openings186
Revenue (FY, 2020)$3.1 B(-29%)
Share Price (Sept 2021)$43.5(-5%)
Cybersecurity ratingCMore

Key People/Management at Terex

John L. Garrison

John L. Garrison

President, Chief Executive Officer, Chairman of the Board of Directors
John D. Sheehan

John D. Sheehan

Senior Vice President, Chief Financial Officer
Stacey B. Babson-Smith

Stacey B. Babson-Smith

Vice President, Chief Ethics & Compliance Officer
Andrew Campbell

Andrew Campbell

Vice President, Chief Information Officer
Kieran Hegarty

Kieran Hegarty

President, Terex Materials Processing
Amy J. George

Amy J. George

Senior Vice President Human Resources, Chief Human Resources Officer
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Terex Office Locations

Terex has offices in Norwalk, Chicago, Southaven, Wilmington and in 10 other locations
Norwalk, CT, US (HQ)
45 Glover Ave
Chicago, IL, US
12460 Collections Center Drive
Southaven, MS, US
8800 Rostin Rd
Wilmington, NC, US
3147 south 17th street, suite 100
Canning Vale, AU
39 Catalano Rd
Dandenong South, AU
133 Logis Blvd
Show all (15)

Terex Financials and Metrics

Terex Revenue

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Terex's revenue was reported to be $3.08 b in FY, 2020
USD

Revenue (FY, 2020)

3.1b

Gross profit (FY, 2020)

539.3m

Gross profit margin (FY, 2020), %

17.5%

Net income (FY, 2020)

(10.6m)

EBIT (FY, 2020)

68.4m

Market capitalization (14-Sept-2021)

3.0b

Closing stock price (14-Sept-2021)

43.5
Terex's current market capitalization is $3 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

4.4b4.4b5.1b4.4b3.1b

Revenue growth, %

(32%)(2%)17%

Cost of goods sold

3.7b3.5b4.2b3.5b2.5b

Gross profit

712.4m816.0m966.8m887.8m539.3m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

1.4b1.3b1.1b1.0b1.2b1.1b1.3b1.4b1.2b1.1b1.3b1.0b833.6m690.5m765.6m

Cost of goods sold

1.2b1.1b872.5m854.6m941.0m892.2m1.0b1.1b995.7m898.8m1.0b696.9m583.4m619.3m

Gross profit

223.5m242.1m183.9m152.3m240.7m219.0m230.9m279.3m232.8m237.8m271.8m136.7m107.1m146.3m

Gross profit Margin, %

16%19%17%15%20%20%18%20%19%21%21%16%16%19%
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Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

428.5m626.5m368.0m535.1m

Accounts Receivable

512.5m579.9m659.9m401.9m381.2m

Prepaid Expenses

225.8m

Inventories

853.8m969.6m1.2b847.7m610.4m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

323.6m200.8m248.8m813.9m555.5m592.7m447.9m373.6m326.0m304.6m367.5m470.6m511.3m508.3m

Accounts Receivable

1.0b795.7m656.8m651.0m726.6m712.6m687.6m724.8m679.1m661.6m643.8m491.7m351.3m403.2m

Prepaid Expenses

198.4m229.3m214.1m

Inventories

1.6b1.0b978.4m909.2m912.5m904.4m1.0b1.0b1.1b955.4m863.1m699.8m635.5m
show all
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(175.5m)128.7m113.7m54.4m(10.6m)

Depreciation and Amortization

96.7m66.5m59.7m49.7m

Inventories

97.3m(33.5m)(284.2m)20.3m261.6m

Accounts Payable

(21.0m)25.0m213.2m(220.1m)(156.9m)
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

(71.0m)(6.4m)90.9m(4.6m)96.2m155.4m50.3m(108.1m)146.7m(66.6m)8.5m29.9m(24.9m)(34.1m)(28.3m)

Depreciation and Amortization

29.9m57.7m77.4m16.3m31.3m48.7m16.0m31.3m45.4m13.5m25.8m1.3m

Inventories

(93.3m)(91.0m)(31.5m)(39.4m)(8.3m)7.9m(26.2m)(61.0m)(174.6m)(69.6m)(4.3m)(11.1m)2.1m214.6m

Accounts Payable

4.2m(7.3m)(105.4m)24.9m18.1m(7.5m)59.7m89.6m74.8m(70.1m)(12.5m)(151.5m)(35.5m)(148.8m)
show all
USDQ1, 2016

Debt/Equity

1 x

Debt/Assets

0.3 x

Financial Leverage

3 x
Show all financial metrics

Terex Operating Metrics

Terex's Backlog was reported to be $1.9b in FY, 2018.
FY, 2016FY, 2017FY, 2018

Backlog

$1.07 b$1.63 b$1.94 b

Backlog (Aerial Work Platforms)

$506.1 m$763 m$867.9 m

Backlog (Cranes)

$323.4 m$550.4 m$583.3 m

Backlog (Materials Processing)

$215.6 m$317.7 m$490.5 m
Show all operating metrics

Terex Acquisitions / Subsidiaries

Company NameDateDeal Size
A.S.V. Holding, LLC
B-L Pegson Limited
Brown Lenox & Co. Limited
CBI Europe B.V.
CMI Terex Corporation
Continental Biomass Holding B.V.
ETW Global Finance (Barbados) SRL
Fermec Holdings Ltd.
Fermec International Ltd.
Fermec Manufacturing Ltd.
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Terex Revenue Breakdown

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Terex revenue breakdown by business segment: 25.6% from Cranes, 49.9% from Aerial Work Platforms and 24.5% from Materials Processing

Terex revenue breakdown by geographic segment: 12.6% from Asia-Pacific, 23.0% from Western Europe, 55.1% from North America and 9.3% from Rest of World

Terex Cybersecurity Score

Cybersecurity ratingPremium dataset

C

78/100

Learn more about our premium products
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Terex Online and Social Media Presence

Terex's Trends

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Terex Company Culture

  • Overall Culture

    D-

    54/100

  • CEO Rating

    D

    60/100

  • Compensation

    C+

    66/100

Learn more on Comparably

Terex News and Updates

September 15, 2021

Insights on the Cargo Handling Equipment Global Market to 2026 - Featuring Anhui Heli, Hyster and Terex Among Others

Dublin, Sept. 15, 2021 (GLOBE NEWSWIRE) -- The "Cargo Handling Equipment Market Research Report by Propulsion Type, by Equipment Type, by Region - Global Forecast to 2026 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering. The Global Cargo Handling Equipmen…
August 30, 2021

Darryl Niven is Named Vice President and General Manager of Terex Utilities

NORWALK, Conn., Aug. 30, 2021 /PRNewswire/ -- Terex Corporation (NYSE: TEX) announced that Darryl Niven has been appointed Vice President and General Manager of Terex Utilities, effective August 30, 2021. Niven, a business and operations leader with more than three decades of experience...
April 19, 2021

Global Cranes Market (2021 to 2025) - Featuring SANY Group, Tadano & Terex Among Others

Dublin, April 19, 2021 (GLOBE NEWSWIRE) -- The "Global Cranes Market 2021-2025" report has been added to ResearchAndMarkets.com's offering. The publisher has been monitoring the cranes market and it is poised to grow by $11.90 billion during 2021-2025, progressing at a CAGR of almost 6% during the…
October 08, 2020

Beam Cranes 2020 Global Market Key Players – Eilbeck Cranes, Konecranes, Terex, EMH - Analysis and Forecast to 2026

Wiseguyreports.Com Publish New Market Research Report On-“Beam Cranes Market 2020 Global Analysis, Size, Share, Trends, Opportunities and Growth, Forecast 2026” Posted via Industry Today. Follow us on Twitter @IndustryToday
August 28, 2020

Telehandlers 2020 Global Market Key Players – JCB, Manitou, JLG, Terex / Merlo / Others – Analysis and Forecast to 2026

WiseGuyRerports.com Presents “Telehandlers Market Analysis - India & Regional Industry Forecast (2019 - 2024)” New Document to its Studies Database Posted via Industry Today. Follow us on Twitter @IndustryToday
August 24, 2020

Overhead Cranes 2020 Global Market Key Players – KITO GROUP, Konecranes, Terex, ABUS - Analysis and Forecast to 2026

Wiseguyreports.Com Publish New Market Research Report On-“Covid-19 Impact on Overhead Cranes Market 2020 Global Analysis by Sales, Demand, Trends, Consumption and Growth, Forecast 2026” Posted via Industry Today. Follow us on Twitter @IndustryToday
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 Terex Frequently Asked Questions

  • When was Terex founded?

    Terex was founded in 1986.

  • Who are Terex key executives?

    Terex's key executives are John L. Garrison, John D. Sheehan and Stacey B. Babson-Smith.

  • How many employees does Terex have?

    Terex has 8,200 employees.

  • What is Terex revenue?

    Latest Terex annual revenue is $3.1 b.

  • What is Terex revenue per employee?

    Latest Terex revenue per employee is $375.2 k.

  • Who are Terex competitors?

    Competitors of Terex include XCMG, KOBELCO and Generac.

  • Where is Terex headquarters?

    Terex headquarters is located at 45 Glover Ave, Norwalk.

  • Where are Terex offices?

    Terex has offices in Norwalk, Chicago, Southaven, Wilmington and in 10 other locations.

  • How many offices does Terex have?

    Terex has 15 offices.