Terex Corp
NYSE:TEX
Income Statement
Earnings Waterfall
Terex Corp
Revenue
|
5.2B
USD
|
Cost of Revenue
|
-4B
USD
|
Gross Profit
|
1.2B
USD
|
Operating Expenses
|
-548.1m
USD
|
Operating Income
|
647.1m
USD
|
Other Expenses
|
-133.1m
USD
|
Net Income
|
514m
USD
|
Income Statement
Terex Corp
Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
6 915
N/A
|
7 109
+3%
|
7 162
+1%
|
7 309
+2%
|
7 150
-2%
|
6 538
-9%
|
5 983
-8%
|
5 022
-16%
|
4 980
-1%
|
4 835
-3%
|
4 636
-4%
|
4 443
-4%
|
4 336
-2%
|
4 220
-3%
|
4 275
+1%
|
4 363
+2%
|
4 473
+3%
|
4 544
+2%
|
4 532
0%
|
4 517
0%
|
4 537
+0%
|
4 591
+1%
|
4 517
-2%
|
4 353
-4%
|
4 050
-7%
|
3 434
-15%
|
3 175
-8%
|
3 076
-3%
|
3 107
+1%
|
3 455
+11%
|
3 683
+7%
|
3 887
+6%
|
4 025
+4%
|
4 064
+1%
|
4 190
+3%
|
4 418
+5%
|
4 651
+5%
|
4 977
+7%
|
5 147
+3%
|
5 152
+0%
|
5 208
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(5 481)
|
(5 602)
|
(5 679)
|
(5 855)
|
(5 753)
|
(5 263)
|
(4 813)
|
(4 050)
|
(4 032)
|
(3 947)
|
(3 816)
|
(3 688)
|
(3 606)
|
(3 492)
|
(3 512)
|
(3 553)
|
(3 587)
|
(3 620)
|
(3 585)
|
(3 555)
|
(3 566)
|
(3 627)
|
(3 583)
|
(3 465)
|
(3 263)
|
(2 812)
|
(2 616)
|
(2 537)
|
(2 529)
|
(2 753)
|
(2 949)
|
(3 129)
|
(3 257)
|
(3 314)
|
(3 383)
|
(3 547)
|
(3 687)
|
(3 883)
|
(3 997)
|
(3 975)
|
(4 013)
|
|
Gross Profit |
1 434
N/A
|
1 507
+5%
|
1 483
-2%
|
1 454
-2%
|
1 397
-4%
|
1 275
-9%
|
1 170
-8%
|
972
-17%
|
949
-2%
|
889
-6%
|
820
-8%
|
755
-8%
|
730
-3%
|
728
0%
|
762
+5%
|
810
+6%
|
886
+9%
|
925
+4%
|
947
+2%
|
962
+2%
|
971
+1%
|
964
-1%
|
934
-3%
|
888
-5%
|
787
-11%
|
622
-21%
|
559
-10%
|
539
-3%
|
578
+7%
|
703
+22%
|
735
+5%
|
757
+3%
|
768
+1%
|
749
-2%
|
808
+8%
|
871
+8%
|
964
+11%
|
1 094
+13%
|
1 150
+5%
|
1 177
+2%
|
1 195
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 003)
|
(998)
|
(996)
|
(1 019)
|
(1 007)
|
(896)
|
(816)
|
(646)
|
(645)
|
(648)
|
(632)
|
(663)
|
(662)
|
(658)
|
(665)
|
(639)
|
(616)
|
(592)
|
(575)
|
(544)
|
(554)
|
(554)
|
(541)
|
(551)
|
(559)
|
(512)
|
(499)
|
(465)
|
(441)
|
(450)
|
(445)
|
(423)
|
(427)
|
(427)
|
(439)
|
(450)
|
(471)
|
(495)
|
(508)
|
(540)
|
(548)
|
|
Selling, General & Administrative |
(1 003)
|
(998)
|
(996)
|
(932)
|
(993)
|
(896)
|
(816)
|
(557)
|
(645)
|
(648)
|
(632)
|
(577)
|
(662)
|
(658)
|
(665)
|
(558)
|
(619)
|
(601)
|
(585)
|
(480)
|
(547)
|
(547)
|
(534)
|
(479)
|
(559)
|
(512)
|
(499)
|
(407)
|
(441)
|
(450)
|
(445)
|
(371)
|
(427)
|
(427)
|
(439)
|
(394)
|
(471)
|
(495)
|
(508)
|
(473)
|
(548)
|
|
Research & Development |
0
|
0
|
0
|
(87)
|
0
|
0
|
0
|
(90)
|
0
|
0
|
0
|
(86)
|
0
|
0
|
0
|
(81)
|
0
|
0
|
0
|
(63)
|
0
|
0
|
0
|
(72)
|
0
|
0
|
0
|
(59)
|
0
|
0
|
0
|
(52)
|
0
|
0
|
0
|
(56)
|
0
|
0
|
0
|
(67)
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
9
|
11
|
0
|
(7)
|
(7)
|
(7)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
432
N/A
|
509
+18%
|
487
-4%
|
434
-11%
|
390
-10%
|
379
-3%
|
354
-7%
|
325
-8%
|
304
-7%
|
241
-21%
|
189
-22%
|
92
-51%
|
68
-26%
|
70
+3%
|
97
+39%
|
171
+76%
|
270
+58%
|
333
+23%
|
372
+12%
|
418
+12%
|
417
0%
|
411
-2%
|
393
-4%
|
337
-14%
|
228
-32%
|
110
-52%
|
60
-46%
|
74
+24%
|
137
+85%
|
252
+84%
|
290
+15%
|
334
+15%
|
341
+2%
|
322
-5%
|
369
+14%
|
421
+14%
|
493
+17%
|
599
+22%
|
641
+7%
|
637
-1%
|
647
+2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(123)
|
(126)
|
(125)
|
(120)
|
(118)
|
(115)
|
(112)
|
(100)
|
(100)
|
(95)
|
(95)
|
(98)
|
(94)
|
(84)
|
(72)
|
(60)
|
(56)
|
(55)
|
(60)
|
(63)
|
(60)
|
(71)
|
(72)
|
(75)
|
(73)
|
(66)
|
(62)
|
(62)
|
(61)
|
(56)
|
(53)
|
(48)
|
(43)
|
(43)
|
(44)
|
(46)
|
(49)
|
(52)
|
(55)
|
(56)
|
(54)
|
|
Non-Reccuring Items |
(15)
|
(10)
|
(13)
|
(14)
|
0
|
(14)
|
(11)
|
(2)
|
(7)
|
(8)
|
(8)
|
(239)
|
(279)
|
(284)
|
(286)
|
(43)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(6)
|
(2)
|
(28)
|
(28)
|
(36)
|
(27)
|
(2)
|
(2)
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
|
Total Other Income |
2
|
4
|
7
|
(3)
|
(8)
|
(8)
|
(19)
|
(28)
|
(26)
|
(31)
|
(21)
|
(25)
|
(36)
|
33
|
38
|
45
|
70
|
2
|
(5)
|
(62)
|
(78)
|
(73)
|
(70)
|
(12)
|
(8)
|
(5)
|
(6)
|
5
|
10
|
8
|
8
|
13
|
10
|
6
|
6
|
(7)
|
(8)
|
(9)
|
(7)
|
(1)
|
(10)
|
|
Pre-Tax Income |
296
N/A
|
378
+28%
|
357
-5%
|
297
-17%
|
264
-11%
|
242
-9%
|
211
-13%
|
196
-7%
|
170
-13%
|
107
-37%
|
65
-39%
|
(271)
N/A
|
(341)
-26%
|
(265)
+22%
|
(222)
+16%
|
112
N/A
|
284
+153%
|
280
-1%
|
307
+10%
|
287
-6%
|
279
-3%
|
267
-5%
|
251
-6%
|
248
-1%
|
147
-41%
|
39
-74%
|
(8)
N/A
|
11
N/A
|
84
+663%
|
177
+111%
|
217
+23%
|
264
+21%
|
281
+6%
|
283
+1%
|
329
+16%
|
367
+11%
|
436
+19%
|
538
+24%
|
580
+8%
|
580
0%
|
583
+1%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(85)
|
(98)
|
(102)
|
(38)
|
(38)
|
(28)
|
(26)
|
(68)
|
(62)
|
35
|
80
|
77
|
110
|
19
|
0
|
(2)
|
(95)
|
(102)
|
(116)
|
(40)
|
(44)
|
(34)
|
(35)
|
(38)
|
(19)
|
4
|
21
|
(2)
|
(11)
|
(28)
|
(43)
|
(46)
|
(51)
|
(51)
|
(63)
|
(66)
|
(78)
|
(95)
|
(99)
|
(63)
|
(68)
|
|
Income from Continuing Operations |
210
|
280
|
255
|
260
|
227
|
214
|
186
|
128
|
108
|
142
|
145
|
(193)
|
(232)
|
(246)
|
(222)
|
110
|
189
|
178
|
190
|
247
|
236
|
233
|
216
|
210
|
128
|
43
|
13
|
9
|
73
|
149
|
174
|
218
|
230
|
232
|
266
|
300
|
358
|
444
|
481
|
517
|
515
|
|
Income to Minority Interest |
5
|
2
|
2
|
(1)
|
(2)
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
237
N/A
|
356
+50%
|
325
-8%
|
319
-2%
|
285
-11%
|
230
-19%
|
209
-9%
|
146
-30%
|
74
-49%
|
54
-27%
|
108
+98%
|
(176)
N/A
|
(110)
+38%
|
(74)
+32%
|
(112)
-51%
|
129
N/A
|
184
+43%
|
141
-23%
|
120
-15%
|
114
-5%
|
(3)
N/A
|
14
N/A
|
(3)
N/A
|
54
N/A
|
96
+77%
|
12
-88%
|
(4)
N/A
|
(11)
-179%
|
54
N/A
|
138
+153%
|
180
+31%
|
221
+23%
|
233
+5%
|
233
+0%
|
267
+14%
|
300
+13%
|
361
+20%
|
446
+24%
|
483
+8%
|
518
+7%
|
514
-1%
|
|
EPS (Diluted) |
2.04
N/A
|
3.07
+50%
|
2.81
-8%
|
2.79
-1%
|
2.68
-4%
|
2.11
-21%
|
1.91
-9%
|
1.35
-29%
|
0.67
-50%
|
0.49
-27%
|
0.99
+102%
|
-1.63
N/A
|
-1.04
+36%
|
-0.76
+27%
|
-1.24
-63%
|
1.35
N/A
|
2.24
+66%
|
1.83
-18%
|
1.59
-13%
|
1.47
-8%
|
-0.04
N/A
|
0.19
N/A
|
-0.04
N/A
|
0.75
N/A
|
1.36
+81%
|
0.17
-88%
|
-0.05
N/A
|
-0.15
-200%
|
0.76
N/A
|
1.93
+154%
|
2.53
+31%
|
3.11
+23%
|
3.28
+5%
|
3.36
+2%
|
3.89
+16%
|
4.33
+11%
|
5.24
+21%
|
6.54
+25%
|
7.08
+8%
|
7.57
+7%
|
7.57
N/A
|