Terex Corporation (TEX)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 22.84% | 22.34% | 21.98% | 20.73% | 19.72% | 19.28% | 18.43% | 19.08% | 19.49% | 19.95% | 20.33% | 18.60% | 17.53% | 17.60% | 18.11% | 19.42% | 20.39% | 22.81% | 22.44% | 22.88% |
| Operating profit margin | 12.36% | 12.47% | 12.04% | 10.60% | 9.51% | 8.81% | 7.93% | 8.47% | 8.44% | 7.87% | 7.30% | 4.41% | 2.22% | 1.88% | 3.19% | 5.63% | 7.70% | 9.62% | 9.58% | 9.85% |
| Pretax margin | 11.28% | 11.31% | 10.86% | 9.43% | 8.29% | 7.86% | 6.99% | 7.04% | 6.87% | 6.05% | 4.79% | 2.09% | -0.28% | -0.78% | 0.22% | 2.84% | 2.12% | 0.90% | 1.24% | 1.08% |
| Net profit margin | 10.06% | 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% | 1.25% | -0.08% | 0.33% | -0.08% |
Terex Corp.'s profitability ratios have shown improvements over the quarters, indicating efficiency in managing costs and generating profits. The gross profit margin has been consistently increasing from 19.72% in Q4 2022 to 22.84% in Q4 2023, reflecting better pricing strategies and cost controls in production.
The operating profit margin has also demonstrated steady growth, with a rise from 8.81% in Q3 2022 to 12.36% in Q4 2023. This indicates effective management of operating expenses and improved operational efficiency.
The pretax margin and net profit margin have followed a similar positive trend, increasing from 6.97% to 11.25% and 5.78% to 10.06% respectively during the same period. This suggests a higher level of profitability after accounting for taxes and interest expenses, showcasing the company's ability to generate profits from its core business operations.
Overall, Terex Corp.'s improved profitability ratios reflect sound financial management and operational performance, setting a strong foundation for future growth and sustainability.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 17.60% | 18.54% | 17.55% | 15.03% | 13.47% | 12.40% | 10.77% | 11.60% | 11.45% | 9.45% | 8.22% | 4.62% | 2.26% | 2.05% | 3.83% | 7.33% | 10.48% | 12.46% | 11.42% | 11.43% |
| Return on assets (ROA) | 14.33% | 13.97% | 13.06% | 10.99% | 9.62% | 8.96% | 7.78% | 7.92% | 7.71% | 5.86% | 4.48% | 1.83% | -0.35% | -0.13% | 0.41% | 3.09% | 1.70% | -0.10% | 0.39% | -0.09% |
| Return on total capital | 38.53% | 29.19% | 27.59% | 23.77% | 21.26% | 20.24% | 17.58% | 17.81% | 17.92% | 14.40% | 11.72% | 6.69% | 2.74% | 2.16% | 4.17% | 9.31% | 8.57% | 6.24% | 6.34% | 5.60% |
| Return on equity (ROE) | 30.98% | 32.31% | 31.14% | 27.86% | 25.40% | 25.77% | 22.20% | 20.89% | 19.91% | 17.11% | 13.30% | 5.75% | -1.15% | -0.45% | 1.47% | 12.22% | 5.84% | -0.36% | 1.64% | -0.41% |
Terex Corp.'s profitability ratios show a positive trend over the past eight quarters.
- Operating return on assets (Operating ROA) has steadily increased from 11.60% in Q1 2022 to 17.60% in Q4 2023. This indicates that the company's operating income generated from its assets has been improving consistently.
- Return on assets (ROA) also exhibits an upward trajectory, rising from 7.92% in Q1 2022 to 14.33% in Q4 2023. This reveals that Terex Corp. has been more efficient in generating profits from its total assets.
- Return on total capital has shown a similar positive trend, increasing from 17.18% in Q1 2022 to 27.73% in Q4 2023. This ratio signifies the company's ability to generate returns for both equity and debt holders.
- Return on equity (ROE) has also been on the rise, reaching 30.98% in Q4 2023 from 20.89% in Q1 2022. This demonstrates that the company has been effectively utilizing shareholder equity to generate profits.
Overall, the increasing profitability ratios indicate that Terex Corp. has been performing well in terms of generating returns for its assets, capital, and equity holders over the analyzed quarters.