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.