← TEREX CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income From Continuing Operations | — | — | — | — | — | — | $300.0m | $518.0m | $335.0m | $221.0m | |
| Net Income (Loss) Attributable to Parent | ($176.1m) | $128.7m | $113.7m | $54.4m | ($10.6m) | $220.9m | $300.0m | $518.0m | $335.0m | $221.0m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($175.5m) | $128.7m | $113.7m | $54.4m | ($10.6m) | $220.9m | $300.0m | $518.0m | $335.0m | $221.0m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | ($193.0m) | $60.0m | $111.3m | $209.7m | $9.0m | $217.5m | $300.2m | $516.7m | $335.0m | $221.0m | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($193.3m) | $60.0m | $111.3m | $209.7m | $9.0m | $217.5m | $300.2m | $516.7m | $335.0m | $221.0m | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $13.4m | $0 | $0 | ($155.4m) | ($400k) | $0 | $0 | — | — | — | |
| Depreciation, Depletion and Amortization | $74.3m | $66.1m | $59.7m | $46.4m | $49.7m | $50.2m | $47.2m | $56.4m | $82.0m | $157.0m | |
| Amortization of Intangible Assets | $2.9m | $2.0m | $2.0m | $1.8m | $1.8m | $2.2m | $2.6m | $2.6m | $21.0m | $82.0m | |
| Depreciation | $65.5m | $59.9m | $53.3m | $39.6m | $42.3m | $44.3m | $42.4m | $51.7m | $58.0m | $69.0m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $47.0m | $56.0m | $82.0m | $158.0m | |
| Deferred Income Tax Expense (Benefit) | ($153.3m) | $37.7m | ($9.1m) | ($16.2m) | $5.5m | $1.2m | ($600k) | ($38.1m) | ($10.0m) | ($3.0m) | |
| Deferred Income Tax | — | — | — | — | — | — | ($1.0m) | ($38.0m) | ($10.0m) | ($3.0m) | |
| Deferred Tax | — | — | — | — | — | — | ($1.0m) | ($38.0m) | ($10.0m) | ($3.0m) | |
| Share-based Payment Arrangement, Noncash Expense | $37.8m | $38.5m | $36.7m | $43.1m | $23.8m | $33.1m | $30.3m | $43.6m | $30.0m | $32.0m | |
| Goodwill and Intangible Asset Impairment | $176.0m | — | — | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | $0 | $0 | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Assets | — | — | — | $12.8m | — | — | — | — | — | — | |
| Gain (Loss) on Extinguishment of Debt | — | ($52.6m) | ($700k) | $0 | $0 | ($29.4m) | ($300k) | $0 | — | — | |
| Income Tax Expense (Benefit) | ($77.4m) | $52.0m | $37.4m | $37.8m | $2.0m | $46.3m | $66.4m | $63.0m | $73.0m | $71.0m | |
| Other Nonoperating Income (Expense) | ($25.2m) | $51.6m | ($79.7m) | ($6.1m) | $4.9m | $13.0m | ($6.8m) | ($1.1m) | ($42.0m) | ($18.0m) | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Inventories | ($97.3m) | $33.5m | $284.2m | ($20.3m) | ($261.6m) | $229.5m | $206.1m | $199.6m | ($77.0m) | ($39.0m) | |
| Increase (Decrease) in Accounts Payable | ($21.0m) | $25.0m | $213.2m | ($220.1m) | ($156.9m) | $173.0m | $96.3m | $57.5m | ($241.0m) | $118.0m | |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | — | — | — | — | — | — | — | $2.0m | — | — | |
| Goodwill | $259.7m | $273.6m | $265.2m | $269.9m | $275.4m | $280.1m | $284.4m | $294.6m | $1.1b | $1.1b | |
| Investment Income, Interest | $4.3m | $6.9m | $8.9m | $6.5m | $3.6m | $3.7m | $2.8m | $7.6m | $13.0m | $12.0m | |
| Provision for Loan, Lease, and Other Losses | $0 | $700k | $100k | $5.9m | $2.4m | — | — | — | — | — | |
| Beginning Cash Position | — | — | — | — | — | — | $267.0m | $304.0m | $371.0m | $388.0m | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($55.0m) | ($288.0m) | $1.8b | ($123.0m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($154.0m) | ($114.0m) | ($2.1b) | $32.0m | |
| Cash From Discontinued Investing Activities | — | — | — | — | — | $0 | $0 | — | — | — | |
| Change In Account Payable | — | — | — | — | — | — | $96.0m | $58.0m | ($241.0m) | $118.0m | |
| Change In Inventory | — | — | — | — | — | — | ($206.0m) | ($200.0m) | $77.0m | $39.0m | |
| Change In Other Working Capital | — | — | — | — | — | — | $38.0m | $2.0m | $15.0m | ($33.0m) | |
| Change In Payable | — | — | — | — | — | — | $96.0m | $58.0m | ($241.0m) | $118.0m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $96.0m | $58.0m | ($241.0m) | $118.0m | |
| Change In Receivables | — | — | — | — | — | — | ($55.0m) | $11.0m | $16.0m | ($46.0m) | |
| Change In Working Capital | — | — | — | — | — | — | ($127.0m) | ($129.0m) | ($133.0m) | $78.0m | |
| Changes In Account Receivables | — | — | — | — | — | ($139.0m) | ($54.7m) | — | — | — | |
| Changes In Cash | — | — | — | — | — | — | $52.0m | $57.0m | $36.0m | $349.0m | |
| End Cash Position | — | — | — | — | — | — | $304.0m | $371.0m | $388.0m | $772.0m | |
| Financing Cash Flow | — | — | — | — | — | — | ($55.0m) | ($288.0m) | $1.8b | ($123.0m) | |
| Free Cash Flow | — | — | — | — | — | — | $151.0m | $332.0m | $189.0m | $322.0m | |
| Gain Loss On Sale Of Business | — | — | — | — | — | — | — | $0 | $0 | ($41.0m) | |
| Investing Cash Flow | — | — | — | — | — | — | ($154.0m) | ($114.0m) | ($2.1b) | $32.0m | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($50.0m) | ($24.0m) | ($2.0b) | $109.0m | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | $0 | $34.0m | $1.0m | $3.0m | |
| Operating Gains Losses | — | — | — | — | — | $22.0m | — | — | — | ($41.0m) | |
| Other Non Cash Items | — | — | — | — | — | — | $12.0m | $8.0m | $22.0m | ($5.0m) | |
| Purchase Of Business | — | — | — | — | — | — | ($50.0m) | ($24.0m) | ($2.0b) | $0 | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($101.0m) | ($63.0m) | ($49.0m) | ($56.0m) | |
| Sale Of Business | — | — | — | — | — | — | — | $0 | $0 | $109.0m | |
| Sale Of PPE | — | — | — | — | — | — | $0 | $34.0m | $1.0m | $3.0m | |
| Stock Based Compensation | — | — | — | — | — | — | $30.0m | $44.0m | $30.0m | $32.0m | |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax | $3.5m | $68.7m | $2.4m | $100k | ($19.2m) | $3.4m | ($200k) | $1.3m | $0 | $0 | |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax | $14.3m | $0 | $0 | ($155.4m) | ($400k) | $0 | $0 | — | — | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($1.0m) | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $367.0m | $153.0m | $94.2m | $173.4m | $225.4m | $293.4m | $261.2m | $459.3m | $326.0m | $440.0m | |
| Cash flows from investing activities: | |||||||||||
| Capital Expenditure | — | — | — | — | — | — | ($110.0m) | ($127.0m) | ($137.0m) | ($118.0m) | |
| Capital Expenditure Reported | $58.1m | $43.5m | $103.8m | $105.5m | $64.5m | $59.7m | ($110.0m) | ($127.0m) | ($137.0m) | ($118.0m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | $42.7m | $50.1m | $23.8m | $2.0b | $0 | |
| Payments for (Proceeds from) Other Investing Activities | $2.5m | $0 | ($200k) | $0 | $0 | — | ($5.6m) | ($3.0m) | ($10.0m) | ($38.0m) | |
| Net Other Investing Changes | — | — | — | — | — | — | $6.0m | $3.0m | $10.0m | $38.0m | |
| Net Cash Provided by (Used in) Investing Activities | ($11.8m) | $1.5b | ($85.9m) | $103.8m | ($38.5m) | ($102.2m) | ($154.1m) | ($114.4m) | ($2.1b) | $32.0m | |
| Cash flows from financing activities: | |||||||||||
| Issuance Of Debt | — | — | — | — | — | — | $321.0m | $243.0m | $2.2b | $97.0m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $321.0m | $243.0m | $2.2b | $97.0m | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $97.0m | ($159.0m) | $2.0b | ($7.0m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $97.0m | ($159.0m) | $2.0b | ($7.0m) | |
| Long Term Debt Payments | — | — | — | — | — | — | ($224.0m) | ($402.0m) | ($222.0m) | ($104.0m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($224.0m) | ($402.0m) | ($222.0m) | ($104.0m) | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($101.0m) | ($63.0m) | ($49.0m) | ($56.0m) | |
| Payments for Repurchase of Common Stock | $82.7m | $924.9m | $427.5m | $7.4m | $56.0m | $3.0m | $101.3m | $62.8m | $49.0m | $56.0m | |
| Payments of Ordinary Dividends, Common Stock | $30.0m | $29.5m | $30.0m | $31.4m | $8.4m | $33.5m | $35.6m | $43.2m | $46.0m | $45.0m | |
| Common Stock Payments | — | — | — | — | — | — | ($101.0m) | ($63.0m) | ($49.0m) | ($56.0m) | |
| Proceeds from Noncontrolling Interests | $2.9m | — | — | — | — | — | — | — | — | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($36.0m) | ($43.0m) | ($46.0m) | ($45.0m) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($36.0m) | ($43.0m) | ($46.0m) | ($45.0m) | |
| Proceeds from (Payments for) Other Financing Activities | ($1.7m) | ($32.3m) | ($19.1m) | ($21.0m) | ($12.4m) | ($23.3m) | ($14.5m) | ($23.1m) | ($22.0m) | ($15.0m) | |
| Net Other Financing Charges | — | — | — | — | — | — | ($15.0m) | ($23.0m) | ($63.0m) | ($15.0m) | |
| Net Cash Provided by (Used in) Financing Activities | ($300.1m) | ($1.6b) | ($244.9m) | ($103.7m) | ($82.8m) | ($580.1m) | ($54.9m) | ($287.8m) | $1.8b | ($123.0m) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | ($15.0m) | $9.5m | ($19.0m) | $35.0m | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($15.0m) | $10.0m | ($19.0m) | $35.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | — | $130.0m | ($403.2m) | $37.2m | $66.6m | $17.0m | $384.0m | |
| Restricted Cash and Investments, Current | $6.0m | $5.0m | $13.1m | $4.6m | $5.0m | $3.7m | $3.5m | $400k | — | — | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $37.0m | $67.0m | $17.0m | $384.0m | |
| Income Taxes Paid, Net | $52.8m | $29.0m | $52.7m | $46.8m | $26.3m | $28.4m | $20.4m | $86.0m | $79.0m | $43.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.