Terex Corporation (TEX)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 335,000 | 518,000 | 300,000 | 220,900 | -10,600 |
| Revenue | US$ in thousands | 5,127,000 | 5,152,000 | 4,417,700 | 3,886,800 | 3,076,400 |
| Net profit margin | 6.53% | 10.05% | 6.79% | 5.68% | -0.34% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $335,000K ÷ $5,127,000K
= 6.53%
The net profit margin of Terex Corporation has shown fluctuations over the past five years. The margin was negative at -0.34% as of December 31, 2020, indicating that the company had incurred a net loss relative to its revenue during that period. However, there has been a positive turnaround in subsequent years, with the net profit margin increasing to 5.68% as of December 31, 2021, and further improving to 6.79% as of December 31, 2022.
The most significant improvement in the net profit margin was seen by December 31, 2023, where it reached 10.05%, indicating that the company was able to generate a higher profit relative to its revenue during that year. However, there was a slight decrease in the net profit margin to 6.53% as of December 31, 2024.
Overall, the trend shows a mixed performance in terms of profitability over the five-year period, with significant improvements in some years but also fluctuations. It is essential for Terex Corporation to closely monitor and manage its expenses and revenue generation to sustain and improve its net profit margin in the future.