Terex Corporation (TEX)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 335,200 | 464,100 | 495,100 | 513,800 | 517,900 | 483,200 | 446,000 | 360,700 | 300,000 | 266,600 | 232,900 | 232,700 | 220,900 | 179,800 | 137,500 | 54,400 | -10,600 | -3,800 | 11,800 | 96,100 |
| Revenue (ttm) | US$ in thousands | 5,127,200 | 5,108,800 | 5,186,900 | 5,208,300 | 5,151,500 | 5,146,500 | 4,976,900 | 4,650,900 | 4,417,700 | 4,190,200 | 4,063,500 | 4,025,100 | 3,886,800 | 3,683,400 | 3,455,200 | 3,107,000 | 3,076,400 | 3,174,700 | 3,433,700 | 4,050,100 |
| Net profit margin | 6.54% | 9.08% | 9.55% | 9.87% | 10.05% | 9.39% | 8.96% | 7.76% | 6.79% | 6.36% | 5.73% | 5.78% | 5.68% | 4.88% | 3.98% | 1.75% | -0.34% | -0.12% | 0.34% | 2.37% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $335,200K ÷ $5,127,200K
= 6.54%
The net profit margin of Terex Corporation has shown fluctuations over the past few years. The trend indicates volatility in the company's ability to generate profits relative to its revenue. Starting from a low of -0.34% in December 2020, the net profit margin gradually improved, reaching a peak of 10.05% in December 2023. This significant increase demonstrates the company's improved efficiency in managing its costs and operations.
However, there has been a slight decline in the net profit margin in the subsequent quarters, dropping to 6.54% by December 2024. This reduction may signify challenges in maintaining profitability, potentially due to factors such as rising expenses or declining sales.
Overall, the upward trajectory in the net profit margin followed by a slight dip suggests that Terex Corporation has made efforts to enhance its profitability but may need to focus on sustaining these improvements in the face of economic or internal challenges.