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TerexMEX:TEX 91 Debt-to-Equity is 0.57 as of Mar. 2026, which is 37% below its 10-year median of 0.90. GuruFocus rates MEX:TEX with a GF Score™ of 91/100 and a GF Value™ of MXN718.70. The stock has 8 warning signs investors should review. Among 185 Farm & Heavy Construction Machinery companies, Terex ranks worse than 64.86% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Terex's Debt-to-Equity or its related term are showing as below:
MEX:TEX'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32 Med: 0.9 Max: 2.05
Current: 0.57
During the past 13 years, the highest Debt-to-Equity Ratio of Terex was 2.05. The lowest was 0.32. And the median was 0.90.
MEX:TEX's Debt-to-Equity is ranked worse than 64.86% of 185
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.37
vs MEX:TEX: 0.57
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Terex Debt-to-Equity Related Terms
Terex Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Terex's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:TEX vs FSS, AGCO, OSK: Debt-to-Equity Comparison
For the Farm & Heavy Construction Machinery subindustry, Terex's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Terex Debt-to-Equity vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Terex's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Terex's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Terex (MEX:TEX) has a Debt-to-Equity of 0.57 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Terex and its competitors. This is 37% below median its historical median of 0.90. Over the past decade, Terex's Debt-to-Equity has ranged from 0.32 to 2.05. According to the industry distribution chart, Terex ranks #120 out of 185 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 64.9%.
Is Terex's Debt-to-Equity too high?
Terex's current Debt-to-Equity of 0.57 is 37% below median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 2.05. The Farm & Heavy Construction Machinery industry median Debt-to-Equity is 0.37. Terex's value of 0.57 is 54.1% above this industry median. Based on the distribution chart, Terex ranks #120 out of 185 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Terex has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Terex's Debt-to-Equity compare to FSS and AGCO?
According to the Farm & Heavy Construction Machinery industry distribution chart, Terex ranks #120 out of 185 companies for Debt-to-Equity. This places Terex in the lower half of its industry. The industry median Debt-to-Equity is 0.37. Terex's value of 0.57 is 54.1% above this benchmark. Historically, Terex's own Debt-to-Equity has ranged from 0.32 to 2.05 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 0.37, Terex has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Farm & Heavy Construction Machinery company?
The median Debt-to-Equity among Farm & Heavy Construction Machinery companies is 0.37, based on 185 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Terex's current Debt-to-Equity of 0.57 is 54.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Terex and its competitors. For the Farm & Heavy Construction Machinery industry, the median Debt-to-Equity is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Terex's current Debt-to-Equity is 0.57, which is 37% below median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Terex stock overvalued right now?
Terex (MEX:TEX) has a current Debt-to-Equity of 0.57. The stock's GF Value™ is MXN718.70, compared to a current price of MXN862.61 — trading 20% above its estimated fair value. The current Debt-to-Equity is 0.57, which is 37% below median its 10-year median of 0.90 and 54.1% above the Farm & Heavy Construction Machinery industry median of 0.37. Terex's overall GF Score™ is 91/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Terex (MEX:TEX), the current Debt-to-Equity is 0.57 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Terex (MEX:TEX) Overvalued in 2026?
Based on GuruFocus' analysis, Terex stock appears to be overvalued.
The current stock price of MXN862.61 is trading 20% above its estimated GF Value™ of MXN718.70.
Key valuation signals for MEX:TEX:
Debt-to-Equity: 0.57 (37% below median its 10-year median of 0.90)
GF Value™: MXN718.70 vs. price of MXN862.61 (20% above fair value)
Industry Position: 54.1% above the Farm & Heavy Construction Machinery median (#120 of 185)
No single metric tells the full story. See the MEX:TEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Terex is a global manufacturer of aerial work platforms, materials processing equipment, and specialty equipment for the waste, recycling, and utility industries. Its current composition is a result of numerous acquisitions over several decades to focus on a smaller group of light construction and other vocational equipment, having divested a handful of underperforming businesses, particularly in cranes and other lifting equipment. These remaining segments see heavy demand in nonresidential construction (aerial work platforms—40% sales), aggregates/mining (materials processing—30% sales), environmental, waste/recycling and utilities (environmental solutions group—30% sales).
91GF Score
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