Terex stock: Q3 sales rise as board approves buyback

Published on 10/31/2026 at 00:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Terex stock follows stronger third-quarter sales and bookings reported on October 28. Management refined its full-year outlook after backlog reached 7.0 billion US dollars.

Terex strengthens order visibility

Third-quarter sales reached 2.2 billion US dollars, while adjusted EBITDA rose to 286 million US dollars.
Pro-forma bookings increased 52.7 percent year over year and lifted backlog to 7.0 billion US dollars.
Terex refined its 2026 outlook and authorized an additional 500 million US dollars for share repurchases.

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Terex Corporation reported stronger third-quarter operating performance on October 28, with sales, adjusted EBITDA and bookings increasing from the prior-year period. The company also refined its 2026 outlook and authorized an additional share repurchase program, according to the Terex investor release.

Orders support forward visibility

Third-quarter sales rose to 2.2 billion US dollars, up 58.4 percent on a reported basis and 11.6 percent on a pro-forma basis. Net income reached 114 million US dollars, while adjusted net income was 171 million US dollars. Adjusted diluted earnings per share came to 1.50 US dollars, unchanged from the comparable period.

Bookings increased 52.7 percent on a pro-forma basis to 2.3 billion US dollars, producing a 103 percent book-to-bill ratio. Backlog stood at 7.0 billion US dollars at quarter-end, up 12.9 percent on a pro-forma basis. Materials Processing and Specialty Vehicles delivered meaningful adjusted EBITDA improvements, while Environmental Solutions faced lower refuse collection vehicle shipments and weaker profitability.

Outlook and capital allocation

Terex expects 2026 sales of 8.0 billion to 8.2 billion US dollars, adjusted EBITDA of 930 million to 960 million US dollars and free cash flow of 360 million to 400 million US dollars. Adjusted diluted earnings per share guidance is 4.80 to 5.00 US dollars. The outlook includes the impact of the former REV Specialty Vehicles business and assumes current tariff rates.

The board approved an additional 500 million US dollars of share repurchase capacity, bringing the total available authorization to 611 million US dollars. Terex returned 91 million US dollars to shareholders during the quarter through dividends and repurchases, while reducing debt by 113 million US dollars.

Terex stock traded at 50.25 euros on Lang & Schwarz at 11:00 p.m. CET on Friday, October 30, 2026.

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