Terex Corporation ( (TEX) ) has released its Q1 earnings. Here is a breakdown of the information Terex Corporation presented to its investors.
Terex Corporation is a global industrial equipment manufacturer specializing in materials processing machinery, waste and recycling solutions, mobile elevating work platforms, and equipment for the electric utility industry, with a focus on providing lifecycle support and digital solutions to maximize customer investment returns.
In its first quarter of 2025, Terex Corporation reported sales of $1.2 billion and an operating margin of 5.6%, with adjusted earnings per share (EPS) of $0.83. The company maintained its full-year adjusted EPS outlook of $4.70 to $5.10, reflecting confidence in its strategic direction and operational execution.
Key financial highlights include a 5.3% sequential increase in bookings to $1.5 billion, driven by a strong performance in the Aerials segment. However, net sales were down 4.9% compared to the same quarter in 2024, primarily due to lower sales volume and production adjustments. The Environmental Solutions Group (ESG) contributed significantly to revenue, accounting for roughly one-third of total sales, and demonstrated robust growth with a 10.5% increase in net sales on a pro forma basis.
Despite challenges in the Materials Processing and Aerials segments, which saw declines in net sales and operating profit, Terex’s strong liquidity position, with $1.1 billion in cash and credit availability, supports its ongoing capital allocation strategy. The company returned $43 million to shareholders through dividends and share repurchases, emphasizing its commitment to delivering shareholder value.
Looking ahead, Terex remains vigilant of geopolitical and macroeconomic factors, including tariffs, while leveraging its U.S.-centric production to mitigate exposure. The company is poised to navigate these challenges, maintaining its competitive positioning and full-year financial outlook.