Terex Corporation Common Stock (TEX)

FairStock Score: 62/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I approach Terex as a cyclical industrial, not a steady compounder. It builds materials-processing, waste/recycling, aerial-work-platform, and utility equipment—necessary products, but highly tied to construction and capital spending. The filed record shows why caution is warranted: in fiscal 2023, the year ended 2023-12-31, revenue was $5.2B, net income $518.0M, and diluted EPS $7.58. By fiscal 2024, net income fell to $335.0M and EPS to $4.96; by fiscal 2025, net income was $221.0M and EPS $3.33. In fiscal Q1 2026, the quarter ended 2026-03-31, Terex reported a net loss of $89.0M and diluted EPS of -$0.93. Then fiscal Q2 2026, the quarter ended 2026-06-30, rebounded to revenue of $2.2B, net income of $110.0M, and diluted EPS of $0.96. That is a violent cycle, not a moat. Financial returns are modest: FairStock shows ROE of 4.21%, ROCE of 2.81%, D/E of 0.55, and an Altman Z-Score of 1.41. Free cash flow is a positive at $339.0M, a 5.6% FCF yield. But at the 2026-10-13 close of $53.19, FairStock’s P/E is 25.45, P/B is 1.23, and the Graham Number is $45.15, giving a negative margin of safety of -17.81%. The Piotroski F-Score is 7/9, and PEG is 0.48, so there are signs of recovery and growth-adjusted value. The FairStock Score is 62/100, fair rather than outstanding. Still, the Lynch category is cyclical, and I want a larger discount before calling this a Graham bargain.

In plain English: Terex makes heavy machines used in construction, recycling, and electric utilities. The business is tied to the economy, and its yearly profits fell from 2023 to 2025, though the latest filed quarter was profitable. At the recent price, the stock does not look cheap compared with the company's accounting value and profits, even though it produces cash.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer