---
schema_version: "secwatch.filing_event.v1"
accession: "0000097216-23-000174"
form_type: "8-K"
ticker: "TEX"
cik: "0000097216"
company_name: "TEREX CORP"
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T21:36:24.405748+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Terex Q2 sales +30% to $1.4B, EPS $2.35; raises FY23 EPS outlook to ~$7.00

## Summary
- Q2 sales $1.4B (+30% YoY); operating income $210M (+102%); operating margin 15.0% (up 540 bps).
- EPS $2.35 more than doubled from $1.07; segment: AWP sales $824.9M (+38%), margin 16.2%; MP sales $577.4M (+20%), margin 17.0%.
- FY23 EPS outlook raised to ~$7.00 from $5.60-6.00; sales outlook ~$5.1B (up from $4.8-5.0B); operating margin ~13.0% (up from 11.4-11.8%).
- Dividend increased 31% since start of 2023; YTD returned $54.1M via buybacks and dividends.
- Liquidity $763.2M, net leverage 0.7x; capex ~$105M, FCF ~$375M.

## SEC filing metadata
- accession: 0000097216-23-000174
- form_type: 8-K
- ticker: TEX
- cik: 0000097216
- company_name: TEREX CORP
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/97216/000009721623000174/0000097216-23-000174-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/97216/000009721623000174/tex-20230801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000097216-23-000174
- JSON: https://secwatch.observer/filing/0000097216-23-000174.json
- Plain text: https://secwatch.observer/filing/0000097216-23-000174.txt

## Key facts
- Earnings Releases
  TEREX CORP reported second quarter 2023 results: revenue $1.4 billion, EPS $2.35. Guidance raised.
  - Period: second quarter 2023
  - Revenue: $1.4 billion
  - EPS: $2.35
  - Guidance: raised
  - Result: reported results
  source text: RELEASE OF TEREX CORPORATION DATED AUGUST 1, 2023) --- EARNINGS RELEASE OF TEREX CORPORATION DATED AUGUST 1, 2023 Document Terex Reports Second Quarter 2023 Results • Sales of $1.4 billion increased 30% year-over-year • Income from operations of $210 million, up 102% year-over-year • Operating profit margin of 15.0% improved 540bps year-over-year • EPS of $2.35
  evidence_url: https://www.sec.gov/Archives/edgar/data/97216/000009721623000174/0000097216-23-000174-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.