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Terex Corp (TEX) company profile

TEXNYSEIndustrial Trucks, Tractors, Trailors & StackersFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 9/3039% above fair value
$56.94−0.62 (-1.08%)

Close on Nov 13, 2026Market cap $6.40BP/E 28.8Yield –

About Terex

Industrial Trucks, Tractors, Trailors & Stackers, SIC 3537

Terex Corporation manufactures specialized industrial machinery and equipment, operating through three segments: Environmental Solutions, Material Processing, and Aerials. Its Environmental Solutions division produces waste collection bodies, compactors, balers, and utility equipment such as digger derricks and insulated aerial devices, accompanied by fleet digital systems and software. The Material Processing segment builds crushing, screening, washing, conveying, and specialty machinery, including material handlers, concrete mixers, and robotic recycling sorters. Its Aerials segment designs boom lifts, scissor lifts, portable lifts, and telehandlers. Across these units, Terex serves customers in solid waste, recycling, electric utilities, infrastructure, quarrying, mining, construction, and entertainment.

Terex operates manufacturing facilities across North America, Europe, and Asia Pacific, with production sites situated in the United States, Northern Ireland, England, Ireland, Germany, Italy, China, India, and Mexico. Distribution, parts, and service operations span regions worldwide, including hubs in North America and service facilities in Australia, Thailand, Turkey, and Malaysia. The company is incorporated in Delaware, while its specific headquarters city is not mentioned.

Summary of the business section of Terex's latest annual report, written by StockData.

Company profile

Company

Legal name
Terex Corp
Founded
1986
Headquarters
Norwalk, CT
Address
301 Merritt 7, 4th Floor 06851
Phone
(203) 222-7170
Employees
10,700, Dec 31, 2025
Industry
Industrial Trucks, Tractors, Trailors & Stackers
Incorporated in
Delaware
Fiscal year ends
December 31
Auditor
KPMG LLP, Boston, MA

Stock & identifiers

Ticker
TEX
Exchange
NYSE
IPO date
Mar 19, 1980
Shares outstanding
112M, Oct 27, 2026
Public float
$2.99B, Jun 30, 2025
Filer category
Large accelerated filer
Stock splits
2-for-1, Jul 17, 2006; 5-for-4, May 25, 1990
SEC CIK
97216
CUSIP
880779103
ISIN
US8807791038
FIGI
BBG000C7B436
Share class FIGI
BBG001S6PZQ0
LEI
YAWJZJYEQ7M1SYMOS462
EIN
34-1531521

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Simon MeesterPresident and CEO, Director328,370
Jennifer Kong-PicarelloSenior Vice President, CFO88,029
Patrick S. CarrollPres., Environmental Solutions102,687
Kieran HegartyPresident, Materials Processin171,517
Amy GeorgeSenior V.P. Human Resources98,013
Namita JindalSVP CHIEF DIGITAL & AI OFFICER43,595
Stephen JohnstonFormer VP CAO and Controller15,155
Joshua GrossPresident - Aerials48,706
John Lee DreasherSVP CHIEF HR OFFICER54,826
Scott PosnerSenior V.P., Gen Counsel Sec.84,418
Joseph LaDueVP CAO AND CONTROLLER20,516
Michael Edward VirnigPresident, Specialty Vehicles71,994
Maureen OconnellDirector18,235
Sandra O'ConnorDirector47,264
David C. DauchDirector8,334
David A. SachsDirector425,390
Srikanth PadmanabhanDirector6,641
Oluseun SalamiDirector16,740
Kathleen M. SteeleDirector16,287
John CananDirector0
Charles DutilDirector46,754
Andra RushDirector25,428
Christopher RossiDirector29,456

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025$7.29M$9.55M$2.39M$163$160
FY2024$6.62M$4.05M$2.02M$139$147
FY2023$10.21M$21.65M$3.01M$171$132
FY2022$9.78M$10.49M$2.16M$125$105
FY2021$9.54M$15.78M$2.43M$127$123
FY2020$7.44M$9.35M$1.80M$118$115

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Executive compensation, fiscal 2025

Summary compensation table from the latest proxy statement

ExecutiveSalaryBonusStock awardsIncentive payOtherTotalvs. prior year
Simon Meester
President and Chief Executive Officer
$961.54K$0$5.20M$840.61K$289.53K$7.29M+10%
Jennifer Kong-Picarello
Senior Vice President, Chief Financial Officer
$575.00K$500.00K$2.72M$336.65K$374.59K$4.51M–
Julie Beck
Former Senior Vice President and Chief Financial Officer
$205.99K$0$0$0$710.42K$916.42K-64%
Scott Posner
Senior Vice President, General Counsel and Secretary
$559.18K$0$1.22M$318.67K$136.00K$2.23M+20%
Kieran Hegarty
President, Materials Processing
$563.91K$0$1.27M$254.46K$121.37K$2.21M+1%
Patrick Carroll
President, Environmental Solutions
$480.00K$0$1.12M$413.68K$67.96K$2.08M–

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

Employees

Headcount reported in annual reports

“As of December 31, 2025, we had approximately 10,700 team members, including approximately 5,700 team members in the U.S.”

Corporate history

Events identified from SEC filings

DateEventDetails
Feb 2, 2026Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Dec 8, 2025MergerRegistration of securities for a merger or exchange offer (S-4)
Oct 9, 2024Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Dec 3, 2020Auditor changeChange in certifying accountant (8-K Item 4.01)
Aug 5, 2019Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Jan 10, 2017Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Aug 19, 2011Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Feb 25, 2010Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Jan 28, 2008Tender offerThird-party tender offer for the company's shares
May 10, 2006Late filingNotification of late filing
Mar 16, 2006Late filingNotification of late filing
Dec 16, 2005Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Nov 9, 2005Late filingNotification of late filing
Aug 9, 2005Late filingNotification of late filing
May 10, 2005Late filingNotification of late filing
Mar 16, 2005Late filingNotification of late filing
Nov 9, 2004Late filingNotification of late filing
Jan 22, 2004MergerRegistration of securities for a merger or exchange offer (S-4)
Feb 28, 2003DeregistrationTermination of SEC registration (Form 15)
Dec 21, 2001MergerRegistration of securities for a merger or exchange offer (S-4)
Jul 30, 2001MergerRegistration of securities for a merger or exchange offer (S-4)
May 23, 2001MergerRegistration of securities for a merger or exchange offer (S-4)
May 5, 1999MergerRegistration of securities for a merger or exchange offer (S-4)
May 26, 1998MergerRegistration of securities for a merger or exchange offer (S-4)
Mar 5, 1996MergerRegistration of securities for a merger or exchange offer (S-4)
Mar 31, 1994Late filingNotification of late filing

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