Terex Corporation (TEX)

Return on equity (ROE)

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
Total stockholders’ equity US$ in thousands 1,832,000 1,957,000 1,823,900 1,731,900 1,672,300 1,496,200 1,432,200 1,294,600 1,181,200 1,034,700 1,048,900 1,114,100 1,109,600 1,050,700 1,033,900 946,100 921,500 852,700 800,400 786,200
ROE 18.30% 23.71% 27.15% 29.67% 30.97% 32.30% 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%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $335,200K ÷ $1,832,000K
= 18.30%

Terex Corporation's return on equity (ROE) has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The ROE started at 12.22% in March 2020, decreasing to 1.47% in June 2020, and becoming negative in subsequent quarters until December 2021.

From March 31, 2022, the ROE began a positive trend, steadily increasing to a peak of 32.30% in September 30, 2023. Thereafter, the ROE started to decline, reaching 18.30% by December 31, 2024.

Overall, Terex Corporation's ROE demonstrated volatility, with periods of negative returns followed by significant improvement, indicating fluctuations in the company's profitability and the efficiency of its use of equity for generating profit.