Earnings Releases·Oct 30, 2026, 1:27 PM ET

Terex Corporation — Third Quarter 2026 Earnings Summary

Consolidated sales rose 12% year-over-year to $2.2 billion, while adjusted EBITDA increased 14% on a proforma basis to $286 million with a margin expansion to 13.0%; adjusted diluted EPS was $1.50.
Full-year 2026 guidance was refined to proforma sales of $8.0–$8.2 billion, adjusted EBITDA of $930–$960 million, EPS of $4.80–$5.00, and free cash flow of $360–$400 million.
The company returned $91 million to shareholders via $72 million in share repurchases and $19 million in dividends, while the Board approved a new $500 million share repurchase authorization.
Strategic progress includes active engagement with multiple counterparties regarding the Aerials separation, portfolio simplification by exiting Capacity and Laymor, and the realization of approximately $28 million in synergies.
Order activity surged 53% year-over-year on a proforma basis with a book-to-bill ratio of 103%, driving consolidated backlog to $7 billion despite inflationary and tariff pressures.