Welcome to our dedicated page for Terex news (Ticker: TEX), a resource for investors and traders seeking the latest updates and insights on Terex stock.
Terex Corporation manufactures specialized equipment for emergency services, waste and recycling, utilities, construction, materials processing and aerial work applications. Its portfolio includes specialty vehicles such as fire and ambulance vehicles, waste collection vehicles, mobile elevating work platforms, materials processing machinery and electric utility equipment, supported by dealer, parts and service networks.
Recurring Terex news covers operating results, bookings and backlog, segment performance across Specialty Vehicles, Materials Processing, Aerials and Terex Utilities, portfolio changes following completed acquisitions or divestitures, manufacturing capacity investments, dividends and other capital-structure or governance updates.
Terex Corporation (NYSE: TEX) has announced the appointment of Srikanth Padmanabhan to its Board of Directors, effective December 1, 2025. Padmanabhan brings 34 years of experience from Cummins, Inc., where he most recently served as Executive Vice President and President of Operations.
His extensive background includes leadership roles in Cummins' Power Generation, Components, and Engine segments, with global experience across India, U.S., Mexico, and England. Padmanabhan holds a PhD in Mechanical Engineering from Iowa State University and is a Harvard Business School AMP graduate. He currently serves on the Board of Directors of Leggett & Platt Incorporated.
Terex Corporation (NYSE:TEX) has signed a definitive agreement to sell its Tower and Rough Terrain Cranes businesses to Italy-based Raimondi Cranes SpA. The transaction includes facilities in Fontanafredda and Crespellano, Italy, and Wilmington, North Carolina.
The deal, expected to close in second half of 2025, aligns with Terex's strategy to reduce cyclicality and focus on its core segments: Materials Processing, Aerials, and Environmental Solutions. The agreement excludes Franna pick and carry cranes operations in Australia and India.
Terex Corporation (NYSE:TEX) has successfully completed a re-pricing of its term loan, which is projected to result in annual cash interest savings of $3 million. The company's term loan rate has been reduced by 25 basis points to SOFR+175 basis points, enhancing the efficiency of its capital structure according to CFO Jennifer Kong-Picarello.
Terex Corporation (NYSE: TEX) reported Q2 2025 financial results with net sales of $1.5 billion, up 7.6% year-over-year, and operating margin of 8.7% (11.0% adjusted). The company posted EPS of $1.09 ($1.49 adjusted) and announced a new $150 million share repurchase program.
Key segment performance: Aerials saw a 17.1% revenue decline to $607M, Materials Processing decreased 9.0% to $454M, while Environmental Solutions grew 12.9% to $430M. The company maintained its full-year 2025 adjusted EPS guidance of $4.70-$5.10 and generated strong free cash flow of $78 million with a 108% conversion rate.
Terex ended Q2 with $1.2 billion in liquidity and has returned $75 million to shareholders through dividends and share repurchases in 2025.
[ "Strong free cash flow of $78M with 108% conversion rate", "Environmental Solutions segment revenue grew 12.9% with 19.1% adjusted operating margin", "New $150M share repurchase program authorized", "Bookings grew 19% year over year on pro forma basis", "Robust liquidity position of $1.2B", "Return on invested capital of 12.3% exceeds cost of capital" ]Terex Corporation (NYSE: TEX) has announced a quarterly dividend payment of $0.17 per share. The dividend will be distributed on September 19, 2025, to stockholders of record as of the market close on August 11, 2025.
Terex Corporation (NYSE:TEX) has scheduled its second quarter 2025 financial results conference call for Thursday, July 31, 2025 at 8:30 a.m. Eastern Time. The call will be hosted by CEO Simon Meester and CFO Jennifer Kong-Picarello.
The company will release its financial results on the morning of July 31 before the call, making them available on their investor relations website. Participants are advised to join the webcast 15 minutes before the start time.
Terex Corporation (NYSE: TEX) has announced a quarterly dividend payment of $0.17 per share. The dividend will be distributed on June 20, 2025 to stockholders who are recorded in the company's books as of the close of business on June 6, 2025. This dividend declaration demonstrates Terex's commitment to returning value to shareholders through regular dividend payments.
Terex (NYSE: TEX) has scheduled its first quarter 2025 financial results conference call for Friday, May 2, 2025, at 8:00 a.m. Eastern Time. The earnings call will be hosted by Simon Meester, President and CEO, and Jennifer Kong-Picarello, Senior VP and CFO.
The company will release its Q1 2025 financial results on the morning of May 2, 2025, before the call, making them available on their investor relations website. Participants are advised to join the webcast 15 minutes before the start time. A replay of the webcast will be accessible at https://investors.terex.com.
Terex (NYSE: TEX) has announced that its Board of Directors has declared a quarterly dividend of $0.17 per share. The dividend will be paid on March 19, 2025 to stockholders of record at the close of business on March 7, 2025.