Terex Reports Strong Full-Year 2024 Results, Declares Quarterly Dividend

Terex Corporation (NYSE: TEX) announced its financial results for the fourth quarter and full-year 2024, showcasing robust performance across key metrics. The company achieved full-year sales of $5.1 billion, with operating margins of 10.3%, improving to 11.3% on an adjusted basis.

The company’s full-year earnings per share (EPS) stood at $4.96, with an adjusted EPS of $6.11, reflecting solid operational efficiency and strong demand across its markets.

In the fourth quarter, Terex saw significant contributions from its Environmental, Social, and Governance (ESG) initiatives, achieving adjusted operating margins of 21.9%, highlighting the company’s commitment to sustainable business practices while maintaining operational excellence.

In line with its positive financial performance, Terex declared a quarterly cash dividend of $0.17 per share, further enhancing shareholder value. This announcement reflects the company’s confidence in its future growth and financial health.

Terex Corporation has announced that it will host a conference call to discuss its fourth quarter and year-end 2024 financial results on Thursday, February 6, 2025, at 8:30 a.m. Eastern Time. The call will be led by Simon Meester, President and CEO, along with Julie Beck, Senior VP and CFO. Financial results will be available on the company's investor website on the morning of the call.

The webcast can be accessed 15 minutes before the scheduled start time and will remain available for replay on the company's investor site. Terex, a global industrial equipment manufacturer, offers products and services across various industries, emphasizing environmental sustainability through electric and hybrid solutions. For further details, visit their official website. Contact Derek Everitt, VP of Investor Relations, at InvestorRelations@Terex.com for inquiries.