As of May 23, 2025, Terex Corp (TEX) reports a Current Ratio of 2.16.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Terex Corp's Current Ratio
Over recent years, Terex Corp's Current Ratio has shown a stable trend. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 2.16 |
| 2023-12-31 | 2.01 |
| 2022-12-31 | 1.96 |
| 2021-12-31 | 1.94 |
| 2020-12-31 | 2.60 |
This slight upward trend highlights how Terex Corp manages its short-term assets and liabilities over time.
Comparing Terex Corp's Current Ratio to Peers
To better understand Terex Corp's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Terex Corp (TEX) | 2.16 |
| Alamo Group Inc (ALG) | 4.51 |
| Douglas Dynamics Inc (PLOW) | 3.39 |
| Allison Transmission Holdings Inc (ALSN) | 3.04 |
| Miller Industries Inc (MLR) | 2.68 |
| Astec Industries Inc (ASTE) | 2.66 |
Compared to its competitors, Terex Corp's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.