TEX Terex margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 45

Gross margin

17.8%

Operating margin

5.7%

EBITDA margin

9.5%

Net margin

2.6%

For the latest period, Terex has a gross margin of 17.8%, an operating margin of 5.7%, an EBITDA margin of 9.5%, and a net margin of 2.6%. Gross margin headed the decline across the available margins, falling by 1.9 percentage points.

TEX margin history

Gross, operating, EBITDA and net margin trends

Terex's margins averaged 20.3% gross, 8.96% operating, 11.07% EBITDA, and 5.61% net during the last 3 years. Each of the four current margins is below its three-year average.

TEX margin expansion

Year-over-year margin changes in percentage points

Terex's gross margin contracted by 1.9 percentage points, operating margin by 1.6 percentage points, EBITDA margin by 0.5 percentage points, and net margin by 0.3 percentage points, led by gross margin with a decline of 1.9 percentage points.

Gross margin expansion

-1.9pp

Operating margin expansion

-1.6pp

EBITDA margin expansion

-0.5pp

Net margin expansion

-0.3pp

TEX Gross margin

Terex's gross margin averaged 20.3% across the past 3 years. Compared with its three-year average, Terex's current gross margin is 17.8% and is 2.5 percentage points below its three-year average. Over the last 3 years, Terex's gross margin peaked at 22.9% in Mar 2024 and reached a low of 17.8% in Sep 2026.

TEX Operating margin

Terex recorded an average operating margin of 8.96% across the last 3 years. Terex currently reports an operating margin of 5.7%, 3.3 percentage points below its three-year average. The operating margin for Terex moved between 5.5% in Mar 2026 and 12.4% in Mar 2024.

TEX EBITDA margin

Over the last 3 years, the average EBITDA margin for Terex was 11.07%. The latest EBITDA margin for Terex is 9.5%, 1.6 percentage points below its three-year average. Terex's EBITDA margin ranged from a low of 8.7% in Mar 2026 to a high of 13.6% in Dec 2023.

TEX Net margin

Across the last 3 years, Terex's net margin stood at 5.61%. The current net margin stands at 2.6%, 3 percentage points below its three-year average. Net margin was highest at 10.1% in Dec 2023 and lowest at 1.9% in Mar 2026.

TEX margin group comparison

Margins compared with peer-group, industry and sector averages

Terex's gross margin of 17.8% is lower than the Industrials sector, the industry and its peers average. Looking at the Industrials sector average of 32.5%, Terex's gross margin is 45% lower.

TEX margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Terex's gross margin?

For the period ending Sep 30, 2026, TEX recorded a gross margin of 17.8%.

What is Terex's operating margin?

As of Sep 30, 2026, TEX has an operating margin of 5.7%.

What is Terex's EBITDA margin?

As of Sep 30, 2026, TEX has an EBITDA margin of 9.5%.

What is Terex's net margin?

The current net margin for TEX is 2.6% as of Sep 30, 2026.

What are the average margins of TEX?

Looking back over 3 years, TEX recorded average margins of 20.3% gross, 9.0% operating, 11.1% EBITDA, and 5.6% net.

What are the highest historical margins of TEX?

Looking back across 5 years, TEX reached 22.9% gross in Mar 2024, 12.5% operating in Sep 2023, 13.6% EBITDA in Dec 2023, and 10.1% net in Dec 2023.

What are the lowest historical margins of TEX?

Over this 5-year history, Terex's margins fell as low as 17.8% gross in Sep 2026, 5.5% operating in Mar 2026, 8.7% EBITDA in Mar 2026, and 1.9% net in Mar 2026.