TEX - Terex Corporation
NYSE
->
Industrials
->
Farm & Heavy Construction Machinery
Norwalk,
United States
Type: Equity
TEX price evolution
TEX
| (in millions $) | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $364.9 | $370.7 | $352.3 | $297.7 |
| Short term investments | ||||
| Net receivables | $685.3 | $547.8 | $645.1 | $681.2 |
| Inventory | $1217.6 | $1186 | $1117 | $1122 |
| Total current assets | $2389.6 | $2245.2 | $2244.5 | $2217.8 |
| Long term investments | ||||
| Property, plant & equipment | $573.7 | $569.8 | $500.5 | $490.7 |
| Goodwill & intangible assets | $306.8 | $310.3 | $300.6 | $307.9 |
| Total noncurrent assets | $1370.3 | $1370.3 | $1216.6 | $1197.4 |
| Total investments | ||||
| Total assets | $3759.9 | $3615.5 | $3461.1 | $3415.2 |
| Current liabilities | ||||
| Accounts payable | $699.3 | $702.6 | $668.3 | $690.3 |
| Deferred revenue | ||||
| Short long term debt | $3.2 | $2.8 | $2.4 | $2.4 |
| Total current liabilities | $1105.2 | $1119.2 | $1062.1 | $1073.6 |
| Long term debt | $720.9 | $620.4 | $797.7 | $734.3 |
| Total noncurrent liabilities | $922.8 | $824 | $902.8 | $909.4 |
| Total debt | $724.1 | $623.2 | $800.1 | $736.7 |
| Total liabilities | $2028 | $1943.2 | $1964.9 | $1983 |
| Shareholders' equity | ||||
| Retained earnings | $1771.7 | $1674.8 | $1559.5 | $1452 |
| Other shareholder equity | -$315.9 | -$287.1 | -$357.3 | -$305.3 |
| Total shareholder equity | $1731.9 | $1672.3 | $1496.2 | $1432.2 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $370.7 | $304.1 | $266.9 | $665 |
| Short term investments | ||||
| Net receivables | $547.8 | $547.5 | $507.7 | $381.2 |
| Inventory | $1186 | $988.4 | $813.5 | $610.4 |
| Total current assets | $2245.2 | $1962 | $1767.8 | $1878.6 |
| Long term investments | ||||
| Property, plant & equipment | $569.8 | $465.6 | $429.6 | $406.6 |
| Goodwill & intangible assets | $310.3 | $301.8 | $293.5 | $283.7 |
| Total noncurrent assets | $1370.3 | $1156.1 | $1095.7 | $1153.2 |
| Total investments | ||||
| Total assets | $3615.5 | $3118.1 | $2863.5 | $3031.8 |
| Current liabilities | ||||
| Accounts payable | $702.6 | $624.6 | $537.7 | $369.9 |
| Deferred revenue | ||||
| Short long term debt | $2.8 | $1.9 | $5.6 | $7.6 |
| Total current liabilities | $1119.2 | $998.6 | $909.9 | $723.3 |
| Long term debt | $620.4 | $773.6 | $668.5 | $1166.2 |
| Total noncurrent liabilities | $824 | $938.3 | $844 | $1387 |
| Total debt | $623.2 | $775.5 | $674.1 | $1173.8 |
| Total liabilities | $1943.2 | $1936.9 | $1753.9 | $2110.3 |
| Shareholders' equity | ||||
| Retained earnings | $1674.8 | $1200.6 | $936.9 | $750.3 |
| Other shareholder equity | -$287.1 | -$341.6 | -$228.5 | -$208.4 |
| Total shareholder equity | $1672.3 | $1181.2 | $1109.6 | $921.5 |
| (in millions $) | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $1292.5 | $1222.6 | $1290.1 | $1403.1 |
| Cost of revenue | $995.2 | $960.1 | $997.6 | $1060.2 |
| Gross Profit | $297.3 | $262.5 | $292.5 | $342.9 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $139 | $146.8 | $129.3 | $133 |
| Total operating expenses | $139 | $146.8 | $129.3 | $133 |
| Operating income | $158.3 | $115.7 | $163.2 | $209.9 |
| Income from continuing operations | ||||
| EBIT | $151.5 | $120.7 | $166 | $206.8 |
| Income tax expense | $28 | -$22.2 | $29.8 | $32 |
| Interest expense | $15 | $16 | $17 | $15.4 |
| Net income | ||||
| Net income | $108.5 | $126.9 | $119.2 | $159.4 |
| Income (for common shares) | $108.5 | $126.9 | $119.2 | $159.4 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $5151.5 | $4417.7 | $3886.8 | $3076.4 |
| Cost of revenue | $3974.9 | $3546.5 | $3129.4 | $2537.1 |
| Gross Profit | $1176.6 | $871.2 | $757.4 | $539.3 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $540.1 | $451.2 | $429.4 | $470.9 |
| Total operating expenses | $540.1 | $451.2 | $429.4 | $470.9 |
| Operating income | $636.5 | $420 | $328 | $68.4 |
| Income from continuing operations | ||||
| EBIT | $644.3 | $415.5 | $318.7 | $57.3 |
| Income tax expense | $63 | $66.4 | $46.3 | $2 |
| Interest expense | $63.3 | $49.1 | $51.5 | $65.9 |
| Net income | ||||
| Net income | $518 | $300 | $220.9 | -$10.6 |
| Income (for common shares) | $518 | $300 | $220.9 | -$10.6 |
| (in millions $) | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 |
|---|---|---|---|---|
| Net income | $108.5 | $126.9 | $119.2 | $159.4 |
| Operating activities | ||||
| Depreciation | $14.9 | $19.1 | $12.4 | $12.8 |
| Business acquisitions & disposals | -$1.8 | -$8 | -$5.8 | |
| Stock-based compensation | $10 | $17.8 | $8.5 | $9.5 |
| Total cash flows from operations | -$33.9 | $190.7 | $138.8 | $120.7 |
| Investing activities | ||||
| Capital expenditures | -$35 | -$55.6 | -$32.4 | $14.7 |
| Investments | ||||
| Total cash flows from investing | -$35.8 | -$61 | -$32.4 | $8.7 |
| Financing activities | ||||
| Dividends paid | -$11.4 | -$11.4 | -$11.5 | -$10.1 |
| Sale and purchase of stock | -$2.9 | -$27.1 | -$0.3 | -$32.1 |
| Net borrowings | $99.2 | -$88.1 | -$28.5 | -$42.2 |
| Total cash flows from financing | $71.2 | -$127.2 | -$41.6 | -$87.3 |
| Effect of exchange rate | -$7.3 | $15.9 | -$10.2 | $1.4 |
| Change in cash and equivalents | -$5.8 | $18.4 | $54.6 | $43.5 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $518 | $300 | $220.9 | -$10.6 |
| Operating activities | ||||
| Depreciation | $56.4 | $47.2 | $50.2 | $49.7 |
| Business acquisitions & disposals | -$23.8 | -$50.1 | -$42.7 | $15.8 |
| Stock-based compensation | $43.6 | $30.3 | $33.1 | $23.8 |
| Total cash flows from operations | $459.3 | $261.2 | $293.4 | $225.4 |
| Investing activities | ||||
| Capital expenditures | -$93.6 | -$109.6 | -$57.8 | -$61.8 |
| Investments | -$1.7 | $7.5 | ||
| Total cash flows from investing | -$114.4 | -$154.1 | -$102.2 | -$38.5 |
| Financing activities | ||||
| Dividends paid | -$43.2 | -$35.6 | -$33.5 | -$8.4 |
| Sale and purchase of stock | -$62.8 | -$101.3 | -$3 | -$56 |
| Net borrowings | -$158.7 | $96.5 | -$520.3 | -$6 |
| Total cash flows from financing | -$287.8 | -$54.9 | -$580.1 | -$82.8 |
| Effect of exchange rate | $9.5 | -$15 | -$14.3 | $25.9 |
| Change in cash and equivalents | $66.6 | $37.2 | -$403.2 | $130 |
News
Fundamentals
| Market cap | N/A |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | N/A |
| Revenue | $5.21B |
|---|---|
| EBITDA | $704.20M |
| EBIT | $645.00M |
| Net Income | $514.00M |
| Revenue Q/Q | 4.60% |
| Revenue Y/Y | 11.98% |
| P/E ratio | N/A |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | N/A |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | N/A |
|---|---|
| ROA | 14.43% |
| ROE | 32.47% |
| Debt/Equity | 1.16 |
|---|---|
| Net debt/EBITDA | 2.36 |
| Current ratio | 2.16 |
| Quick ratio | 1.06 |