UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-10702 Terex Corporation (Exact name of registrant as specified in its charter) Delaware 34-1531521 (State of Incorporation) (IRS Employer Identification No.) 45 Glover Ave, 4th F ...

2,975 2,431 Q1 '23 Q1 '24 Results Drivers • Strong Q1 sales growth driven by higher demand at both Genie and Utilities • Q1 margin increased 180 bps driven by strong execution on higher volumes and disciplined price-cost management • Solid incremental margin of 28% • Backlog >2x historical norms Note: Figures in USD Millions Backlog 12 Strong Balance Sheet and Free Cash Flow Generation Reaffirming 2024 FCF Outlook of $325 - $375 C Ample liquidity of $866; Net leverage of 0.5x (V) ROIC of 27.6% on a TTM basi ...

☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-10702 TEREX CORPORATION UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) (Exact name of registrant as specified in its charter) Delaware 34-1531521 (State of Incorporation) (IRS Employer Identification No.) 45 Glover ...

Terex Corporation (NYSE:TEX) Q4 2023 Earnings Conference Call February 9, 2024 8:30 AM ET Company Participants Paretosh Misra - Head of Investor Relations Simon Meester - President and Chief Executive Officer Julie Beck - Senior Vice President and Chief Financial Officer Conference Call Participants Stanley Elliott - Stifel Seth Weber - Wells Fargo Steve Fisher - UBS David Raso - Evercore ISI Steve Volkmann - Jefferies Tami Zakaria - JPMorgan Nicole DeBlase - Deutsche Bank Steve Barger - KeyBanc Tim Thein - ...

Working Capital is calculated using the Consolidated Balance Sheet amounts for Receivables (net of allowance) plus Inventories less Trade accounts payable and Customer advances. The Company views excessive working capital as an inefficient use of resources, and seeks to minimize the level of investment without adversely impacting the ongoing operations of the business. For the periods below, working capital was: The ratio is calculated by dividing working capital by trailing three months annualized net sale ...

Terex Corporation (NYSE:TEX) Q3 2023 Earnings Call Transcript October 27, 2023 8:30 AM ET Company Participants Paretosh Misra - Head of Investor Relations John Garrison - Chairman and Chief Executive Officer Julie Beck - Senior Vice President and Chief Financial Officer Conference Call Participants Stanley Elliott - Stifel Steve Volkmann - Jefferies Seth Weber - Wells Fargo Steven Fisher - UBS David Raso - Evercore ISI Tami Zakaria - JPMorgan Nicole DeBlase - Deutsche Bank Jerry Revich - Goldman Sachs Mig D ...

(Mark One) ☒ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-10702 Terex Corporation (Exact name of registrant as specified in its charter) Delaware 34-1531521 (State of Incorporation) (IRS Employer Identification No.) 45 ...

4,083 3,742 1,265 1,074 926 2,818 2,668 Bookings MP AWP 6 Focused on Strategy Execution Operational Excellence • Improved supply chain and operating performance • Realized benefits of cost reductions and manufacturing productivity improvement • Transfer into permanent Genie Mexico facility on time and on budget ◦ Production moves will impact 2H margin performance August 2, 2023 • changes in the availability and price of certain materials and components, which may result in further supply chain disruptions; ...

Financial Data and Key Metrics Changes - The company reported sales of $1.4 billion for Q2 2023, a 30% increase year-over-year, with operating margins of 15%, reflecting a 540 basis point expansion from the previous year [7] - Earnings per share (EPS) reached $2.35, more than doubling compared to the previous year, leading to an increased full-year outlook of approximately $7 per share [7][21] - Free cash flow for the quarter was $135 million, significantly improved from $44 million a year ago, attributed to increased operating profit and the sale of a facility [19] Business Segment Data and Key Metrics Changes - The Materials Processing (MP) segment had sales of $577 million, a 20% increase year-over-year, with operating profit rising 23% and operating margins at 17% [45] - The Aerial Work Platforms (AWP) segment reported sales of $825 million, up 38% year-over-year, with operating margins of 16.2%, an increase of 850 basis points from last year [46] Market Data and Key Metrics Changes - The company’s backlog stood at $3.7 billion, significantly above historical levels, with bookings of $1 billion in Q2, consistent with the previous year [36][25] - The backlog for the MP segment was $1.1 billion, while the AWP segment's backlog was $2.7 billion, indicating strong demand and minimal cancellations [18][36] Company Strategy and Development Direction - The company is focused on capitalizing on megatrends such as infrastructure investment, electrification, and environmental sustainability, with significant spending expected from the CHIPS Act and the Inflation Reduction Act [34][35] - The strategic operational priorities include executing, innovating, and growing, with a focus on improving supply chain performance and reducing hospital inventory levels [10][19] Management's Comments on Operating Environment and Future Outlook - Management acknowledged ongoing macroeconomic and supply chain uncertainties but expressed confidence in the company’s ability to adapt and overcome challenges [14][41] - The company anticipates lower sales in the second half of the year due to seasonal production patterns and lingering supply chain constraints, but expects improved free cash flow and strong margins [21][49] Other Important Information - The company is committed to its ESG program, highlighting strong governance practices and shareholder engagement [13] - The company has a strong balance sheet with low net leverage of 0.7 times and ample liquidity of $763 million, positioning it well for future growth [20] Q&A Session Summary Question: What is the current backlog and demand environment? - The company reported a backlog of $3.7 billion, reflecting strong demand with minimal cancellations and push-outs [25] Question: How is the company managing supply chain constraints? - Management noted improvements in supply chain performance but acknowledged that they are not back to pre-pandemic levels, with ongoing efforts to reduce hospital inventory [14][19] Question: What is the outlook for 2024? - The company has a strong backlog for 2024, with visibility into demand remaining high, and they are well-positioned to meet growth needs [26][60] Question: How is the company addressing cost pressures? - Management indicated that while component costs continue to rise, they have seen declines in ocean freight rates, which may help offset some cost increases [55] Question: What is the company's strategy regarding electrification? - The company has made significant investments in electrification, with a substantial portion of their product offerings already being electric or hybrid [68]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-10702 Terex Corporation (Exact name of registrant as specified in its charter) Delaware 34-1531521 (State of Incorporation) (IRS Employer Identification No.) 45 Glove ...