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Terex Corporation  (TEX)
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Terex Corporation

TEX's Financial Statements and Analysis



Terex Corporation reported in the first quarter of 2024 net earnings per share of $1.60 a decrease by -2.44 % year on year from $1.64 and decline of -14.32 % from $1.87 earned in IV. Quarter (Dec 31 2023).


first quarter of 2024
Earnings Per Share Revenues
$ 1.6 $  1,292 Mill
$-0.04     -2.44 % $+57M     +4.58 %



Terex's Revenue rose by 4.58 % in first quarter of 2024 (Mar 31 2024) year on year, to $1,292 million and advanced by 5.65 % sequentially.


Terex is

More on TEX's Income Statement



Terex 's net income of $108.500 million in the first quarter of 2024 decreased by -3.64 % from net earnings of $112.600 million achieved in I. Quarter a year ago.

Sequentially net earnings fell by -14.43 % from net income of $126.800 million realized in previous quarter.

More on TEX's Growth



Terex Inventories
Inventories grew by 12.41 % to $1,218 million from I. Quarter a year ago, sequentially inventories rose by 2.66 %. In Mar 31 2024 company's net cash and cash equivalents decreased by $-6 million


Terex Corporation payed out dividend of $0.65 per share in last 52 weeks representing 8.60 % of net earning per share in trailing twelve-month period.

During the same period Terex Corporation earned $ 6.13 cash per share, on a free-cash flow basis 81.1 % of net earning per share.

Book value grew by 4.23 % sequentially to $25.51 per share, 88.52% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 20.99 per share from $ 19.93.

Company repurchased 0.44 million shares or 0.64 % in Mar 31 2024.
Interest Coverage Ratio was 10.2. Debt Coverage Ratio was 0.93.

More on TEX's Dividends

 Market Capitalization (Millions) 3,621
 Shares Outstanding (Millions) 68
 Total Debt (Millions $) 724
 Revenue (TTM) (Millions $) 5,208
 Net Income (TTM) (Millions $) 514
 Cash Flow (TTM) (Millions $) 111
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 0.65 $
 Dividend Yield TTM (%) 1.26 %
 Employees (TTM) $ 20,400




Terex Corporation payed out dividend of $0.65 per share in the last 52 weeks representing 8.60 % of net earning per share in trailing twelve-month period.

During the same period Terex Corporation had $ 6.13 cash flow per share, on a free-cash flow basis 81.1 % of net earning per share.

Book value grew by 4.23 % sequentially to $25.51 per share, 88.52% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 20.99 per share from $ 19.93.

Company repurchased 0.44 million shares or 0.64 % in Mar 31 2024.
Interest Coverage Ratio was 10.2. Debt Coverage Ratio was 0.93.

More on TEX's Balance Sheets

 Market Capitalization (Millions) 3,621
 Shares Outstanding (Millions) 68
 Total Debt (Millions $) 724
 Revenue (TTM) (Millions $) 5,208
 Net Income (TTM) (Millions $) 514
 Cash Flow (TTM) (Millions $) 111
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 0.65 $
 Dividend Yield TTM (%) 1.26 %
 Employees (TTM) $ 20,400
   


  News about Terex Corporation Earnings

Terex Corporation Sees Impressive 4.58% Revenue Boost in First Quarter of 2024

Terex Corporation, a company in the industrial sector, recently disclosed its financial results for the most recent fiscal period, showing both positive and negative trends. Despite an increase in revenue by 4.58% to $1.29 billion, the company experienced a decline in earnings per share (EPS) by -2.44% to $1.60 per share. This is a significant change compared to the previous quarter when revenue was $1.22 billion and EPS was $1.87 per share.
On the positive side, operating earnings rose by 7.18% to $158.3 million, indicating that the company was able to improve its sales performance. However, net earnings decreased by -3.64% to $108.500 million, resulting in a net margin of 8.4%. The build-up in inventor...

Terex Corp beats market expectations with resilient earnings growth despite dwindling revenue in Q4 2023

Despite experiencing weak revenue in the fiscal fourth quarter of 2023, Terex Corporation m...

Terex Corporation Records Impressive Double-Digit Growth in Q3 2023, Achieving Respectable Profits and Revenue Boost

During the past five trading days, Terex Corporation stock experienced a decline of -1.64%. As a result, the year to date performance of the stock now stands at 11.73%. Additionally, the stock is currently trading 30.6% higher than its 52-week low.
Terex Corporation, a construction and mining machinery company, recently released its third-quarter financial report for 2023. The report was quite bewildering, as it showcased a significant improvement in various financial metrics. The company witnessed a remarkable increase of 45.83% in profit per share, which now stands at $1.75 per share. Furthermore, the revenue advanced by 15.083% to reach $1.29 billion when compared to the same period in the previous ye...

Terex Corp's Profits Rocket by 118.69% in Q2 2023, Crushing Industry Averages

Terex Corporation, a Construction and Mining Machin...

The Construction & Mining Machinery company declared profits grew on the Slower Pace, all along the fiscal interval closing Mar 31 2023

The stock market can be a volatile and unpredictable place, especially for those who are not careful with their investments. One of the most important factors to consider when investing in any company is their financial performance, and the recent report from Terex Corporation provides some crucial insights.
In the first quarter of 2023, Terex Corporation achieved a return on asset (ROA) of 11.84%, an all-time high for the company. While this is certainly good news, it is worth noting that there are 18 other companies in the Capital Goods sector with even higher ROAs. Moreover, the company's net income has deteriorated, which is a c...


Date modified: 2024-04-30T01:18:23+00:00





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