Terex (TEX)
NYSEIndustrialsIndustrial - MachinerySnapshot 2026-09-04
$63.23+0.75%
Close 2026-09-04 · 1-day change
NYSEIndustrialsIndustrial - MachinerySnapshot 2026-09-04
QuarterlyIQ Insights · TEX
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within industrials on a research-validated quality screen. As of 2026-09-04.
The screen ranks TEX against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 3 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated neutral grew net income 51% of the time over the next year (vs 60% for the rest of the cohort, n=9249).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Complete integration of REV Group into Terex, capturing $75 million run-rate synergies within 24 months, with $28 million targeted in 2026.
Stated as a priority in 3 of last 3 quarters. Management confirmed the REV merger integration is progressing as planned with $28 million of synergies targeted in 2026 and a $75 million run-rate synergy goal within 24 months. Financial guidance includes $28 million of synergies for 2026, consistent with management's stated targets, indicating delivery is on track.
“Integration progressing as planned with synergies above target and $28 million expected in 2026.”
“Executing REV integration with $28 million synergy target for 2026 and $75 million run-rate goal.”
“Using same playbook for REV integration, expecting half of $75 million synergies within 12 months.”
Drive revenue growth across all segments, including Specialty Vehicles, Materials Processing, Utilities, and Aerials, with emphasis on backlog and bookings expansion.
Stated as a priority in 3 of last 3 quarters. Revenue grew from $1.3 billion in 2025-Q4 to $1.7 billion in 2026-Q1 (+41% reported, 11% proforma), driven by Specialty Vehicles growth of 20%. Backlog increased to $7.1 billion in 2026-Q1, supporting forward visibility. The trajectory matches management's emphasis on growth and segment expansion.
Enhance profitability through operational improvements, synergy realization, and margin expansion across segments including Materials Processing and Specialty Vehicles.
Stated as a priority in 3 of last 3 quarters. MP segment EBITDA margin improved from about 11.9% in 2025-Q1 to 15% in 2026-Q1 (+310 bps). SV segment EBITDA margin increased 160 bps to 14.2% in 2026-Q1. Guidance projects pro forma EBITDA growth of approximately $100 million or 12% year over year in 2026, indicating progress on margin improvement.
Continue regular dividend payments to shareholders at $0.17 per share quarterly.
Stated as a priority in 5 of last 5 quarters. Dividend per share has consistently been $0.17 from 2025-Q2 through 2026-Q2, demonstrating management's commitment to maintaining dividend payments. The steady dividend reflects delivery on this capital allocation priority.
Invest in capacity expansion and efficiency improvements in Specialty Vehicles segment, including increasing ladder truck capacity by 35% and reducing lead times.
Stated as a priority in 2 of last 3 quarters. Management highlighted a 35% capacity increase for ladder trucks and capacity expansion for S-180 Pumpers to reduce lead times. Specialty Vehicles segment revenue grew 20% proforma in 2026-Q1 with backlog coverage of roughly two years, indicating progress on capacity and efficiency expansion.
Over the trailing year it converted 0.62x of net income into operating cash flow. Historically, Industrials names rated fragile grew net income 48% of the time over the next year (vs 59% for the rest of the cohort, n=4997).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity (low R² over the window).
15 material management or governance events in the past 24 months, led by executive changes. Historically, Industrials names rated neutral grew net income 58% of the time over the next year (vs 56% for the rest of the cohort, n=3431).
Not investment advice. As of 2026-09-04.
“Strong first-half execution with increased volume in Aerials and improved performance in MP.”
“Sales grew 11% proforma including 20% growth in Specialty Vehicles; backlog increased to $7.1 billion.”
“Bookings grew 16% in ES, 24% in MP, and 46% in Aerials; backlog increased across segments.”
“Expecting pro forma EBITDA to grow by approximately $100 million or 12% year over year in 2026.”
“MP EBITDA margin reached 15%, up 310 basis points; SV EBITDA margin increased 160 basis points to 14.2%.”
“MP achieved highest margins of the year; ES operating margins improved 220 basis points year over year.”
“Dividend per share of $0.17 declared.”
“Dividend per share of $0.17 declared.”
“Dividend per share of $0.17 declared.”
“Dividend per share of $0.17 declared.”
“Dividend per share of $0.17 declared.”
“Increasing ladder truck capacity by 35% and expanding S-180 Pumper capacity to reduce lead times.”
“Specialty Vehicles segment with backlog coverage of roughly two years and strong margin momentum.”