Filing Flows › Terex (TEX) › Guidance history
Terex (TEX) guidance history: what it guided and what it reported
Terex gave guidance in 12 earnings releases on file since Feb 8, 2024. Of 3 guided periods since reported, it met or beat its own guidance 3 times (100%). Revenue: 2 of 2, on average +0.5% against the guided midpoint. Its releases raised guidance 3 times and lowered it once.
Revenue
Met or beat 2 of 2 periods (0 above, 2 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2025 | $5.3B–$5.5B (Feb 6, 2025) | $5.4B | within the range | +0.4% |
| FY2024 | $5.2B–$5.4B (Apr 25, 2024) → reaffirmed $5.2B–$5.4B (Jul 30, 2024) → lowered $5.0B–$5.2B (Oct 30, 2024) | $5.1B | within the range | +0.5% |
Adjusted revenue
Every guided period is still to be reported.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $7.5B–$8.1B (May 1, 2026) → raised $7.9B–$8.2B (Jul 30, 2026) → raised $8.0B–$8.2B (Oct 28, 2026) | — | to be reported | — |
Operating margin
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2025 | 12.0% (Feb 6, 2025) → reaffirmed 12.0% (May 2, 2025) → reaffirmed 12.0% (Jul 31, 2025) → reaffirmed 12.0% (Oct 30, 2025) | — | — | — |
| FY2024 | 12.4% (Feb 8, 2024) → raised 12.8%–13.1% (Jul 30, 2024) → lowered 11.4%–11.7% (Oct 30, 2024) | — | — | — |
Tax rate
Met or beat 1 of 1 periods (0 above, 0 within, 1 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | 21.0% (May 1, 2026) → reaffirmed 21.0% (Jul 30, 2026) → lowered 19.0% (Oct 28, 2026) | — | to be reported | — |
| FY2024 | 10.9% (Feb 8, 2024) → raised 19.8% (Apr 25, 2024) → raised 22.0% (Jul 30, 2024) → lowered 19.0% (Oct 30, 2024) | 17.9% | below the range | -1.1 pts |
EPS
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $11.00 (Feb 11, 2026) → lowered $4.50–$5.00 (May 1, 2026) | — | to be reported | — |
| FY2025 | $4.70–$5.10 (Feb 6, 2025) | — | — | — |
| FY2024 | $6.85–$7.25 (Feb 8, 2024) → raised $6.95–$7.35 (Apr 25, 2024) | — | — | — |
Free cash flow
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $360M–$400M (Oct 28, 2026) | — | to be reported | — |
| FY2025 | $300M–$350M (Feb 6, 2025) → reaffirmed $300M–$350M (May 2, 2025) → reaffirmed $300M–$350M (Jul 31, 2025) → reaffirmed $300M–$350M (Oct 30, 2025) | $322M (GAAP) | not judged | — |
| FY2024 | $325M–$375M (Jul 30, 2024) → lowered $4.0M (Oct 30, 2024) | $189M (GAAP) | not judged | — |
The latest quarter
Terex, Q3 2026: revenue $2.2B (+58% year over year), operating margin 8.3%, net earnings $114M, operating cash flow $241M. The chart follows the revenue to costs, profit and cash.
Questions
Does Terex beat its guidance?
Terex gave guidance in 12 earnings releases on file since Feb 8, 2024. Of 3 guided periods since reported, it met or beat its own guidance 3 times (100%). Revenue: 2 of 2, on average +0.5% against the guided midpoint.
How often does Terex raise guidance?
Its earnings releases raised guidance 3 times and lowered it once since Feb 8, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.