Terex Corporation (TEX) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 3.17B | 2.73B | 2.74B | 2.68B | 2.44B | 2.32B | 2.38B | 2.4B | 2.39B | 2.25B | 2.24B | 2.22B | 2.09B | 1.96B | 1.87B | 1.91B | 1.84B | 1.77B | 2.01B | 2B |
| Cash & Short-Term Investments | 392M | 772M | 509M | 374M | 298M | 388M | 352M | 319.3M | 364.9M | 370.7M | 352.3M | 297.7M | 254.2M | 304.1M | 231.7M | 253.3M | 218.4M | 266.9M | 553.2M | 542.2M |
| Cash Only | 392M | 772M | 509M | 374M | 298M | 388M | 352M | 319.3M | 364.9M | 370.7M | 352.3M | 297.7M | 254.2M | 304.1M | 231.7M | 253.3M | 218.4M | 266.9M | 553.2M | 542.2M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 970M | 730M | 821M | 904M | 783M | 643M | 670M | 719.4M | 685.3M | 547.8M | 645.1M | 681.2M | 630.1M | 547.5M | 531.1M | 558.9M | 525.6M | 507.7M | 513.4M | 546.5M |
| Days Sales Outstanding | 44.12 | 54.13 | 57.21 | 51.62 | 52.21 | 48.67 | 52.73 | 46.26 | 43.43 | 44.87 | 47.29 | 42.52 | 42.88 | 40.75 | 44.75 | 45.81 | 46.38 | 47.44 | 49.06 | 45.33 |
| Inventory | 1.66B | 1.11B | 1.21B | 1.25B | 1.2B | 1.15B | 1.22B | 1.23B | 1.22B | 1.19B | 1.12B | 1.12B | 1.08B | 988.4M | 981.2M | 963.2M | 921.3M | 813.5M | 747.7M | 711.7M |
| Days Inventory Outstanding | 81.43 | 99.57 | 102.49 | 93.63 | 105.9 | 104.38 | 116.77 | 105.85 | 109.91 | 110.35 | 103.2 | 94.64 | 97.41 | 92.24 | 101.25 | 99.22 | 95.59 | 87.77 | 82.34 | 77.26 |
| Other Current Assets | 153M | 114M | 206M | 151M | 151M | 142M | 137M | 130.1M | 121.8M | 140.7M | 130.1M | 116.9M | 122.9M | 16.7M | 4.8M | 3.8M | 169.8M | 57.3M | 7.9M | 196.3M |
| Total Non-Current Assets | 7.02B | 3.41B | 3.42B | 3.47B | 3.4B | 3.41B | 1.4B | 1.38B | 1.37B | 1.37B | 1.22B | 1.2B | 1.19B | 1.16B | 1.11B | 1.08B | 1.1B | 1.1B | 1.06B | 1.07B |
| Property, Plant & Equipment | 935M | 886M | 738M | 742M | 720M | 714M | 602M | 574.5M | 573.7M | 569.8M | 500.5M | 490.7M | 478.9M | 465.6M | 450.4M | 441.8M | 433.9M | 528.8M | 412.6M | 413.6M |
| Fixed Asset Turnover | 1.90x | 1.62x | 1.87x | 2.03x | 1.71x | 1.89x | 2.06x | 2.41x | 2.26x | 2.29x | 2.60x | 2.89x | 2.62x | 2.66x | 2.51x | 2.46x | 2.08x | 2.10x | 2.41x | 2.56x |
| Goodwill | 2.54B | 1.09B | 1.09B | 1.1B | 1.09B | 1.09B | 301M | 291.3M | 292M | 294.6M | 284.8M | 291.1M | 287.2M | 284.4M | 273.1M | 267.4M | 275.4M | 280.1M | 279.7M | 276.6M |
| Intangible Assets | 2.99B | 1.03B | 1.05B | 1.07B | 1.09B | 1.11B | 14M | 14.1M | 14.8M | 15.7M | 15.8M | 16.8M | 16.8M | 17.4M | 17.5M | 12M | 12.7M | 13.4M | 14.1M | 7.4M |
| Long-Term Investments | 0 | 0 | 4M | 0 | 0 | 7M | 0 | 200K | 400K | 0 | 600K | 100K | 1.2M | 0 | 4.4M | 1.8M | 1.1M | 0 | 800K | 2.3M |
| Other Non-Current Assets | 557M | 410M | 544M | 556M | 510M | 489M | 483M | 497.8M | 489.4M | 490.2M | 414.9M | 398.7M | 407.9M | 388.7M | 368.5M | 363.3M | 382.8M | 273.4M | 354.9M | 374.2M |
| Total Assets | 10.19B | 6.14B | 6.17B | 6.15B | 5.84B | 5.73B | 3.78B | 3.78B | 3.76B | 3.62B | 3.46B | 3.42B | 3.28B | 3.12B | 2.98B | 2.99B | 2.94B | 2.86B | 3.07B | 3.07B |
| Asset Turnover | 0.21x | 0.21x | 0.23x | 0.25x | 0.21x | 0.26x | 0.32x | 0.37x | 0.35x | 0.35x | 0.38x | 0.42x | 0.39x | 0.40x | 0.38x | 0.36x | 0.35x | 0.33x | 0.32x | 0.34x |
| Asset Growth % | 74.45% | 7.14% | 63.08% | 62.77% | 55.32% | 58.48% | 9.24% | 10.67% | 14.59% | 15.95% | 16.28% | 14.08% | 11.61% | 8.89% | -2.98% | -2.44% | -0.86% | -5.55% | 5.24% | 7.13% |
| Total Current Liabilities | 1.72B | 1.19B | 1.27B | 1.29B | 1.15B | 1.07B | 996M | 1.09B | 1.11B | 1.12B | 1.06B | 1.07B | 1.05B | 998.6M | 952.7M | 955M | 919.5M | 909.9M | 939.8M | 945M |
| Accounts Payable | 931M | 683M | 696M | 766M | 668M | 580M | 593M | 703.7M | 699.3M | 702.6M | 668.3M | 690.3M | 686.7M | 624.6M | 589.4M | 604.6M | 571.5M | 537.7M | 548.7M | 548.7M |
| Days Payables Outstanding | 47.53 | 59.28 | 60.86 | 54.6 | 56.22 | 51.68 | 61.68 | 60.61 | 64.11 | 65.69 | 62.62 | 59.1 | 61.66 | 56.86 | 62.17 | 61.92 | 61.12 | 61.08 | 61.92 | 57.65 |
| Short-Term Debt | 4M | 39M | 13M | 10M | 4M | 4M | 4M | 3.4M | 3.2M | 3M | 2.4M | 2.4M | 2.1M | 1.9M | 1.9M | 2.1M | 1.9M | 5.6M | 6.9M | 5.7M |
| Deferred Revenue (Current) | 215M | 21M | 0 | 0 | 0 | 0 | 0 | -703.7M | -699.3M | 135.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 1.5B | 321M | 439M | 397M | 481M | 458M | 399M | 985.9M | 1.1B | 111M | 391.4M | 380.9M | 361.7M | 239.5M | 314.1M | 295.9M | 346.1M | 234.8M | 275.8M | 390.6M |
| Current Ratio | 1.84x | 2.30x | 2.15x | 2.08x | 2.11x | 2.16x | 2.39x | 2.21x | 2.16x | 2.01x | 2.11x | 2.07x | 1.99x | 1.96x | 1.96x | 2.00x | 2.00x | 1.94x | 2.13x | 2.11x |
| Quick Ratio | 0.88x | 1.36x | 1.20x | 1.11x | 1.07x | 1.09x | 1.16x | 1.07x | 1.06x | 0.95x | 1.06x | 1.02x | 0.96x | 0.97x | 0.93x | 0.99x | 0.99x | 1.05x | 1.34x | 1.36x |
| Cash Conversion Cycle | 78.01 | 94.41 | 98.84 | 90.65 | 101.9 | 101.37 | 107.82 | 91.5 | 89.23 | 89.53 | 87.87 | 78.07 | 78.64 | 76.14 | 83.82 | 83.11 | 80.85 | 74.13 | 69.48 | 64.94 |
| Total Non-Current Liabilities | 3.64B | 2.86B | 2.87B | 2.89B | 2.84B | 2.83B | 828M | 867.7M | 922.8M | 824M | 902.8M | 909.4M | 936.1M | 938.3M | 989.1M | 989.8M | 906.3M | 844M | 1.08B | 1.09B |
| Long-Term Debt | 0 | 2.66B | 2.58B | 2.58B | 2.58B | 2.57B | 624M | 662.2M | 720.9M | 611M | 706.3M | 734.3M | 774.9M | 769.4M | 824.6M | 826.1M | 738.4M | 665M | 887.7M | 888.5M |
| Capital Lease Obligations | 0 | 107M | 0 | 0 | 0 | 115M | 0 | 0 | 0 | 101.1M | 91.4M | 0 | 0 | 67M | 0 | 0 | 0 | 76.6M | 0 | 0 |
| Deferred Tax Liabilities | 398M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 3.24B | 67M | 294M | 311M | 261M | 142M | 204M | 205.5M | 201.9M | 112M | 105.1M | 175.1M | 161.2M | 101.9M | 164.5M | 163.7M | 167.9M | 102.4M | 189.7M | 201.1M |
| Total Liabilities | 5.37B | 4.04B | 4.15B | 4.19B | 4B | 3.9B | 1.82B | 1.96B | 2.03B | 1.94B | 1.96B | 1.98B | 1.99B | 1.94B | 1.94B | 1.94B | 1.83B | 1.75B | 2.02B | 2.03B |
| Total Debt | 4M | 2.81B | 2.59B | 2.59B | 2.59B | 2.72B | 628M | 665.6M | 724.1M | 743M | 800.1M | 736.7M | 777M | 864.6M | 826.5M | 828.2M | 740.3M | 767.4M | 894.6M | 894.2M |
| Net Debt | -388M | 2.04B | 2.08B | 2.22B | 2.29B | 2.33B | 276M | 346.3M | 359.2M | 372M | 447.8M | 439M | 522.8M | 560.5M | 594.8M | 574.9M | 521.9M | 500.5M | 341.4M | 352M |
| Debt / Equity | 0.00x | 1.34x | 1.29x | 1.32x | 1.40x | 1.48x | 0.32x | 0.36x | 0.42x | 0.44x | 0.53x | 0.51x | 0.60x | 0.73x | 0.80x | 0.79x | 0.66x | 0.69x | 0.85x | 0.86x |
| Debt / EBITDA | - | 16.05x | 14.33x | 15.25x | 23.94x | 30.20x | 4.58x | 3.20x | 4.19x | 5.50x | 4.57x | 3.31x | 4.86x | 6.51x | 6.24x | 7.16x | 8.59x | 9.35x | 10.31x | 6.62x |
| Net Debt / EBITDA | - | 11.64x | 11.51x | 13.05x | 21.19x | 25.89x | 2.01x | 1.66x | 2.08x | 2.75x | 2.56x | 1.97x | 3.27x | 4.22x | 4.49x | 4.97x | 6.05x | 6.10x | 3.93x | 2.61x |
| Interest Coverage | -1.74x | 1.03x | 2.98x | 2.93x | 1.60x | 0.96x | 8.62x | 12.16x | 10.10x | 7.61x | 9.76x | 13.45x | 9.94x | 8.95x | 8.96x | 8.56x | 7.06x | 7.27x | 5.99x | 7.67x |
| Total Equity | 4.82B | 2.1B | 2.02B | 1.97B | 1.84B | 1.83B | 1.96B | 1.82B | 1.73B | 1.67B | 1.5B | 1.43B | 1.29B | 1.18B | 1.03B | 1.05B | 1.11B | 1.11B | 1.05B | 1.03B |
| Equity Growth % | 161.5% | 14.36% | 3.07% | 7.74% | 6.47% | 9.55% | 30.8% | 27.35% | 33.78% | 41.58% | 44.6% | 36.54% | 16.2% | 6.45% | -1.52% | 1.45% | 17.76% | 20.41% | 23.22% | 29.17% |
| Book Value per Share | - | 31.60 | 30.61 | 29.82 | 27.28 | 27.18 | 29.04 | 26.94 | 25.51 | 24.56 | 21.94 | 21.03 | 18.82 | 17.22 | 15.13 | 15.14 | 15.71 | 15.65 | 14.82 | 14.58 |
| Total Shareholders' Equity | 4.82B | 2.1B | 2.02B | 1.97B | 1.84B | 1.83B | 1.96B | 1.82B | 1.73B | 1.67B | 1.5B | 1.43B | 1.29B | 1.18B | 1.03B | 1.05B | 1.11B | 1.11B | 1.05B | 1.03B |
| Common Stock | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 900K | 900K | 900K | 900K | 900K | 900K | 900K | 900K | 900K | 900K | 900K | 900K | 900K |
| Retained Earnings | 2.03B | 2.14B | 2.09B | 2.04B | 1.97B | 1.96B | 1.98B | 1.9B | 1.77B | 1.67B | 1.56B | 1.45B | 1.3B | 1.2B | 1.12B | 1.04B | 979.5M | 936.9M | 886.6M | 847M |
| Treasury Stock | 0 | -722M | -721M | -722M | -700M | -672M | -656M | -644.1M | -624.9M | -622.4M | -594.9M | -594.5M | -562.8M | -560.3M | -556.3M | -542.7M | -478.5M | -459.7M | -458.3M | -458M |
| Accumulated OCI | -277M | -265M | -284M | -276M | -350M | -382M | -279M | -342.7M | -315.9M | -287.1M | -357.3M | -305.3M | -315.3M | -341.6M | -401.3M | -320.9M | -248.5M | -228.5M | -229.3M | -200M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |