Terex Corp.’s Net Sales Jump 14.4 Percent in Third Quarter, Paced by Environmental Solutions Group
Terex Corp. posted $1.387 billion in third quarter 2025 net sales, up from $1.212 billion in the third quarter of 2024, a 14.4-percent increase. Gross profit totaled $282 million for Q325, up from $245 million in Q324, a 15.1-percent boost.
In the aerial segment, net sales of $537 million were down 13.2 percent year over year in the third quarter, primarily because of lower volume in North America as rental customers deployed less capex, focusing mostly on replacement requirements.
Operating profit of $45 million was down from $63 million in the previous year. Adjusted operating profit was $50 million or 9.2 percent of net sales, compared to $65 million or 10.5 percent of net sales in the year-ago quarter, because of lower sales volume, unfavorable mix and tariffs, partially offset by a discrete item of about $18 million pertaining to the release of a customs-related contingency and cost reduction actions.
The Materials Processing segment reported net sales of $417 million for the quarter, a 6.1-percent year-over-year decline.
The Environmental Solutions segment posted net sales of $435 million, a 13.6 percent increased, driven by strong throughput and delivery of refuse collection vehicles.
"We continue to deliver solid financial performance,” cackled Terex president and CEO Simon Meester. “Environmental Solutions continued to grow and achieve strong margins in line with our expectations. Materials Processing executed in line with our expectations in spite of challenging conditions in some of its markets and Aerials achieved modestly better than expected operating margins. Our ability to hold our outlook for the entire year, given the turbulent macro environment, market headwinds and changes in tariffs, is a testament to the growing resiliency of the Terex portfolio, and the commitment, dedication and skill of our team."
For the first nine months of the year, Terex’s net sales totaled $4.103 billion compared to the first nine months of 2024, which totaled $3.886 billion, a year-over-year increase of 5.6 percent.
In other Terex news, the company announced an agreed-upon merger with the REV Group and a plan to analyze strategic options and possible divest its aerial division. (See https://www.rermag.com/mergers-acquisitions/article/55326998/terex-corp-to-merge-with-rev-group-pursue-strategic-options-to-exit-the-aerials-business)
About the Author
Michael Roth
Editor
Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.