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TEX Stock Price Correlated With Terex Financials
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Income Statement
Cash Flow
Balance Sheet
TEX Income Statement
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Revenue, Net:
Cost of Goods & Services Sold:
Gross Profit:
Selling, General & Admin Expense:
Research & Development Expense:
Total Operating Expenses:
Operating Income:
Income Taxes:
Net Income:
TEX Cash Flow
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Operating Activities Net Income:
Depreciation, Depletion & Amortization:
Change in Accounts Receiveable:
Net Cash from Operations:
Repurchases/Buybacks Common Stock:
Issuance of Long-term Debt:
Cash Dividends Paid:
Net Cash from Financing Activities:
Property, Plant & Equipment Purchases:
Purchases of Businesses, Net of Cash:
Net Cash from Investing Activities:
Net Change in Cash & Equivalents:
TEX Balance Sheet
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Cash and Cash Equivalents:
Short-Term Investments:
Accounts Receivable, Net:
Inventories:
Total Current Assets:
Property, Plant & Equipment, Net:
Total Assets:
Accounts Payable:
Current Portion of Long-Term Debt:
Total Short-Term Liabilities:
Long Term Debt, Non-Current Portion:
Total Long-Term Liabilities:
Total Liabilities:
Major Holders (from 13F filings)
Investment Type
Change
Value (x$1000)
increase or decrease
Blackrock.
9,052,238 sh
-78,046 sh
-1%
-1%
$541,597
-$389,504,114
Vanguard Group
7,760,732 sh
5,254 sh
0%
0%
$464,324
$89,115
Dimensional Fund Advisors
2,930,373 sh
-32,886 sh
-1%
-1%
$175,325
$87,197
FMR
2,589,574 sh
615,144 sh
31%
31%
$154,934
$59,411
State Street
2,340,626 sh
6,357 sh
0%
0%
$140,040
$27,108
Pzena Investment Management
2,197,609 sh
-1,907,618 sh
-46%
-46%
$131,483
-$175,243,814
Fisher Asset Management
2,146,195 sh
-18,298 sh
-1%
-1%
$128
$23
Invesco.
2,071,631 sh
1,235,724 sh
148%
148%
$123,946
-$35,586,001
Fuller & Thaler Asset Management.
1,575,382 sh
200,284 sh
15%
15%
$94,255
$27,728
Macquarie Group
1,431,720 sh
163,400 sh
13%
13%
$85,660
$24,299
Geode Capital Management
1,345,118 sh
67,918 sh
5%
5%
$80,478
$18,687
Goldman Sachs Group
1,231,958 sh
-238,199 sh
-16%
-16%
$73,708
$2,582
Aqr Capital Management
1,040,919 sh
171,171 sh
20%
20%
$62,278
$20,382
Charles Schwab Investment Management
886,571 sh
-20,311 sh
-2%
-2%
$53,044
-$38,688,955
Northernrp
879,968 sh
12,517 sh
1%
1%
$52,648
$10,681
Bank Of New York Mellon
878,496 sh
-422,907 sh
-32%
-32%
$52,560
-$10,402
GW&K Investment Management
809,125 sh
-10,181 sh
-1%
-1%
$48
$9
Bank Of America /De/
801,274 sh
342,698 sh
75%
75%
$47,940
$34,302
Morgan Stanley
789,120 sh
-154,188 sh
-16%
-16%
$47,212
$1,577
William Blair Investment Management
771,091 sh
-294,736 sh
-28%
-28%
$46,134
$14,436
COMPANY PROFILE
BASIS OF PRESENTATION Basis of Presentation and Principles of Consolidation . The consolidated financial statements include the accounts of Terex Corporation, its majority-owned subsidiaries and other controlled subsidiaries (“Terex” or the “Company”). The Company consolidates all majority-owned and controlled subsidiaries, applies equity method of accounting for investments in which the Company is able to exercise significant influence and applies the cost method for investments which do not have readily determinable fair values. All intercompany balances, transactions and profits have been eliminated. Certain prior period amounts have been reclassified to conform with the 2021 presentation.
As further described in Note D – “Acquisitions and Discontinued Operations”, on July 31, 2019, the Company completed the disposition of its Demag ® mobile cranes business (“Demag”) to Tadano Ltd. and certain of its subsidiaries (“Tadano”). During 2019, the Company also exited North American mobile crane product lines manufactured in its Oklahoma City facility. As a result, the Company reported these operations, formerly part of the Cranes segment, in discontinued operations in the Consolidated Statement of Income (Loss) for all periods presented. Residual assets and liabilities were recorded within Prepaid and other current assets, Other assets, Other current liabilities and Other non-current liabilities in the Consolidated Balance Sheet at December 31, 2020. See Note D – “Acquisitions and Discontinued Operations” for further information.
Use of Estimates. The preparation of financial statements in conformity with generally accepted accounting principles (“U.S. GAAP”) requires management to make estimates and assumptions that affect reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual amounts could differ from those estimates.
Cash and Cash Equivalents. Cash equivalents consist of highly liquid investments with original maturities of three months or less. Carrying amount of cash and cash equivalents approximates its fair value. Cash and cash equivalents include $3.7 million and $5.0 million at December 31, 2021 and 2020, respectively, which were not immediately available for use. These consist primarily of cash balances held in escrow to secure various obligations of the Company.
Inventories. Inventories are stated at the lower of cost or net realizable value (“NRV”). Cost is determined by the first-in, first-out (“FIFO”) and average cost methods (approximately 93% and 7%, respectively). In valuing inventory, the Company is required to make assumptions regarding the level of reserves required to value potentially obsolete or over-valued items at lower of cost or NRV. These assumptions require the Company to analyze the aging of and forecasted demand for its inventory, forecast future product sales prices, pricing trends and margins, and to make judgments and estimates regarding obsolete or excess inventory. Future product sales prices, pricing trends and margins are based on historical experience and actual orders received. The Company’s judgments and estimates for excess or obsolete inventory are based on analysis of actual and forecasted usage. Valuation of used equipment taken in trade from customers requires the Company to use the best information available to determine the value of the equipment to potential customers. This value is subject to change based on numerous conditions. Inventory reserves are established taking into account age, frequency of use, or sale, and in the case of repair parts, installed base of machines. While calculations are made involving these factors, significant management judgment regarding expectations for future events is involved. Future events that could significantly influence the Company’s judgment and related
As further described in Note D – “Acquisitions and Discontinued Operations”, on July 31, 2019, the Company completed the disposition of its Demag ® mobile cranes business (“Demag”) to Tadano Ltd. and certain of its subsidiaries (“Tadano”). During 2019, the Company also exited North American mobile crane product lines manufactured in its Oklahoma City facility. As a result, the Company reported these operations, formerly part of the Cranes segment, in discontinued operations in the Consolidated Statement of Income (Loss) for all periods presented. Residual assets and liabilities were recorded within Prepaid and other current assets, Other assets, Other current liabilities and Other non-current liabilities in the Consolidated Balance Sheet at December 31, 2020. See Note D – “Acquisitions and Discontinued Operations” for further information.
Use of Estimates. The preparation of financial statements in conformity with generally accepted accounting principles (“U.S. GAAP”) requires management to make estimates and assumptions that affect reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual amounts could differ from those estimates.
Cash and Cash Equivalents. Cash equivalents consist of highly liquid investments with original maturities of three months or less. Carrying amount of cash and cash equivalents approximates its fair value. Cash and cash equivalents include $3.7 million and $5.0 million at December 31, 2021 and 2020, respectively, which were not immediately available for use. These consist primarily of cash balances held in escrow to secure various obligations of the Company.
Inventories. Inventories are stated at the lower of cost or net realizable value (“NRV”). Cost is determined by the first-in, first-out (“FIFO”) and average cost methods (approximately 93% and 7%, respectively). In valuing inventory, the Company is required to make assumptions regarding the level of reserves required to value potentially obsolete or over-valued items at lower of cost or NRV. These assumptions require the Company to analyze the aging of and forecasted demand for its inventory, forecast future product sales prices, pricing trends and margins, and to make judgments and estimates regarding obsolete or excess inventory. Future product sales prices, pricing trends and margins are based on historical experience and actual orders received. The Company’s judgments and estimates for excess or obsolete inventory are based on analysis of actual and forecasted usage. Valuation of used equipment taken in trade from customers requires the Company to use the best information available to determine the value of the equipment to potential customers. This value is subject to change based on numerous conditions. Inventory reserves are established taking into account age, frequency of use, or sale, and in the case of repair parts, installed base of machines. While calculations are made involving these factors, significant management judgment regarding expectations for future events is involved. Future events that could significantly influence the Company’s judgment and related
Free historical financial statements for Terex Corp. See how revenue, income, cash flow, and balance sheet financials have changed over 54 quarters since 2010. Compare with TEX stock chart to see long term trends.
Data imported from Terex Corp SEC filings. Check original filings before making any investment decision.