---
schema_version: "secwatch.filing_event.v1"
accession: "0000097216-23-000197"
form_type: "8-K"
ticker: "TEX"
cik: "0000097216"
company_name: "TEREX CORP"
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T09:33:57.088345+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Terex Q3 EPS $1.75 (+46% YoY), raises full-year outlook to ~$7.05

## Summary
- Sales $1.3B (+15% YoY); operating margin 12.7% (up 190 bps).
- EPS $1.75 vs $1.20 prior year; full-year EPS guidance raised to ~$7.05.
- Materials Processing sales $541M (+18.2%); Aerial Work Platforms $751M (+13.3%).
- Free cash flow outlook reaffirmed at ~$375M; liquidity $846M, net leverage 0.5x.
- Returned $66M to shareholders YTD via share repurchases and dividends.

## SEC filing metadata
- accession: 0000097216-23-000197
- form_type: 8-K
- ticker: TEX
- cik: 0000097216
- company_name: TEREX CORP
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/97216/000009721623000197/0000097216-23-000197-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/97216/000009721623000197/tex-20231026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000097216-23-000197
- JSON: https://secwatch.observer/filing/0000097216-23-000197.json
- Plain text: https://secwatch.observer/filing/0000097216-23-000197.txt

## Key facts
- Earnings Releases
  TEREX CORP updated its third quarter 2023 guidance (raised).
  - Period: third quarter 2023
  - Guidance: raised
  - Result: reported results
  source text: Terex Corporation (“Terex”) issued a press release on October 26, 2023, in which Terex provided certain third quarter 2023 financial results.
  evidence_url: https://www.sec.gov/Archives/edgar/data/97216/000009721623000197/0000097216-23-000197-index.htm

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