GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Terex Corp (NYSE:TEX) » Definitions » Goodwill

Terex (TEX) Goodwill : $1,093 Mil (As of Dec. 2024)


View and export this data going back to 1991. Start your Free Trial

What is Terex Goodwill?

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Terex's goodwill for the quarter that ended in Dec. 2024 was $1,093 Mil.


Terex Goodwill Historical Data

The historical data trend for Terex's Goodwill 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.

* Premium members only.

Terex Goodwill Chart

Terex Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 275.40 280.10 284.40 295.00 1,093.00

Terex Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 295.00 292.00 291.30 301.00 1,093.00

Terex Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.


Terex  (NYSE:TEX) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Terex's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Goodwill-to-Asset (A: Dec. 2024 )=Goodwill/Total Assets
=1093/5730
=0.19

Terex's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Goodwill-to-Asset (Q: Dec. 2024 )=Goodwill/Total Assets
=1093/5730
=0.19

* 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.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Terex Goodwill Related Terms

Thank you for viewing the detailed overview of Terex's Goodwill provided by GuruFocus.com. Please click on the following links to see related term pages.


Terex Business Description

Traded in Other Exchanges
Address
301 Merritt 7, 4th Floor, Norwalk, CT, USA, 06850
Terex Corp is a manufacturer of materials processing machinery, waste and recycling solutions, mobile elevating work platforms (MEWPs), and equipment for the electric utility industry. The company designs builds, and supports products used in maintenance, manufacturing, energy, waste and recycling, minerals and materials management, construction, and the entertainment industry. The products are manufactured in North America, Europe, and Asia Pacific and sold all over the world. The company reports business in the following segments: (i) Materials Processing, (ii) Aerial Work Platforms, and (iii) Environmental Solutions Group.
Executives
Andra Rush director C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880
David A Sachs director C/O TEREX CORP, 200 NYALA FARM ROAD, WESTPORT CT 06880
Simon Meester officer: President - Genie C/O TEREX CORP, 45 GLOVER AVENUE, 4TH FLOOR, NORWALK CT 06850
Kieran Hegarty officer: President, Materials Processin C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880
Scott Posner officer: Senior V.P., Gen Counsel Sec. C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880
Stephen Johnston officer: Chief Accounting Officer C/O TEREX CORP, 200 NYALA FARM ROAD, WESTPOT CT 06880
Amy George officer: Senior V.P. Human Resources C/O TEREX CORPORATION, 200 NYALA FARMS ROAD, WESTPORT CT 06880
Garrison John L Jr officer: CEO AND PRESIDENT C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880
Julie A Beck officer: Senior Vice President, Finance ONE INVACARE WAY, ELYRIA OH 44035
Oluseun Salami director C/O TEREX CORPORATION, 45 GLOVER AVENUE, NORWALK CT 06850
Paula H Cholmondeley director 221 W PHILADELPHIA ST, SUITE 60W, YORK PA 17401-2991
John D Sheehan officer: Senior Vice President, CFO 5725 DELPHI DRIVE, TROY MI 48098
Mark I Clair officer: VP Controller & CAO C/O HEXCEL CORPORATION, 281 TRESSER BOULEVARD, STAMFORD CT 06901
Christopher Rossi director C/O KENNAMETAL INC., 525 WILLIAM PENN PLACE, 33RD FLOOR, PITTSBURGH PA 15219
Matthew Fearon officer: President Terex AWP C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880

Terex Headlines

From GuruFocus

Terex Corp (TEX) Shares Up 2.97% on Jan 21

By GuruFocus News 01-21-2025

Terex Corp (TEX) Announces Quarterly Dividend

By GuruFocus News 02-06-2025

Terex Corp (TEX) Trading Down 3.02% on Nov 26

By GuruFocus News 11-26-2024

Terex Announces Quarterly Dividend

By PRNewswire 10-14-2024

Q3 2024 Terex Corp Earnings Call Transcript

By GuruFocus News 10-31-2024

Terex Corp (TEX) Shares Down 4.39% on Oct 30

By GuruFocus News 10-30-2024

Vanguard Group Inc Reduces Holdings in Terex Corp

By GuruFocus News 01-31-2025