Terex Corporation ( (TEX) ) has released its Q2 earnings. Here is a breakdown of the information Terex Corporation presented to its investors.
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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. The company offers products that support renewable energy and aid in waste recovery, with manufacturing operations in North America, Europe, and Asia Pacific.
Terex Corporation reported its second quarter 2025 financial results, highlighting sales of $1.5 billion and an operating margin of 8.7%, with adjusted figures showing an 11.0% margin. The company also announced a new $150 million share repurchase program and maintained its full-year adjusted EPS outlook of $4.70 to $5.10.
Key financial metrics included a 19% year-over-year increase in bookings to $1.1 billion and a 7.6% rise in net sales compared to the second quarter of 2024. The Environmental Solutions segment showed strong performance, with a 12.9% increase in net sales, while the Aerials and Materials Processing segments experienced declines in sales. The company generated $78 million in free cash flow, reflecting a 108% cash conversion rate, and had liquidity of $1.2 billion as of June 30, 2025.
The company authorized a new share repurchase program, reflecting confidence in its long-term growth strategy. Despite challenges in the Aerials segment, Terex’s strategic focus on Environmental Solutions and cost reduction actions contributed positively to its financial performance.
Looking ahead, Terex Corporation remains optimistic about its growth prospects, supported by a healthy backlog and normal seasonal booking patterns. The company plans to continue its strategic initiatives to enhance resilience and predictability, aiming for net sales between $5.3 billion and $5.5 billion for the full year 2025.