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Terex TEX Provision for Credit Losses

Provision for Credit Losses at other companies

Caterpillar logo
CaterpillarCAT
$37M-14.0%
Gencor Industries logo
Gencor IndustriesGENC
$0
Alamo Group logo
Alamo GroupALG
-$376K-1,174%
Kadant logo
KadantKAI
$272K+213%

Other financials

Income statement

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Revenue$1.7B+41.1%
Gross profit$206.0M-16.6%
Operating income-$82.0M-219%
Net income-$89.0M-524%
EPS (diluted)-$0.93-400%

Balance sheet

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Cash & equivalents$392.0M+31.5%
Total debt$2.8B+6.8%
Total equity$4.8B+161%
Total assets$10.2B+74.5%

Cash flow

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Operating cash flow-$31.0M-47.6%
CapEx$26.0M-27.8%
Free cash flow-$57.0M0.0%

Valuation

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Market cap$7.58B+138%
Enterprise value$9.95B+84.3%
P/E68.3×+50.7×
P/S1.3×+0.7×

Profitability

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Gross margin17.3%-2.8pp
Operating margin5.5%-3.2pp
Net margin1.9%-3.1pp
FCF margin5.4%+1.5pp

Returns & leverage

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Return on equity3.3%-10.7pp
Debt / equity0.6×-0.8×
Current ratio1.8×-0.3×

Where this comes from

Reported directly by Terex in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForDoubtfulAccounts.

The source filing: Terex’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 11:47 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000097216-26-000080
Line itemThree Months Ended / March 31, 2026Three Months Ended / March 31, 2025
Balance at beginning of period$9$9
Provision for credit losses11
Other (1)
Balance at of end of period$10$10
(1) Includes utilization of established reserves, net of recoveries and the impact of foreign exchange rate changes.

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Terex's provision for credit losses?
Terex (TEX) reported provision for credit losses of $1M in Q1 2026.
How has Terex's provision for credit losses changed year-over-year?
Terex's provision for credit losses decreased by 0.0% year-over-year, from $1M to $1M.
What does provision for credit losses mean?
Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.

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