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Side-by-side financial comparison of SM Energy Co (SM) and TEREX CORP (TEX). Click either name above to swap in a different company.

TEREX CORP is the larger business by last-quarter revenue ($1.3B vs $704.9M, roughly 1.9× SM Energy Co). On growth, TEREX CORP posted the faster year-over-year revenue change (6.2% vs -17.3%). Over the past eight quarters, SM Energy Co's revenue compounded faster (12.2% CAGR vs 1.0%).

SM Energy Company is a company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Denver, Colorado.

Terex Corporation is an American company and worldwide manufacturer of materials processing machinery, waste and recycling equipment, mobile elevating work platforms, and equipment for the electric utility industry. Terex does business in the Americas, Europe, Australia and Asia Pacific.

SM vs TEX — Head-to-Head

Bigger by revenue
TEX
TEX
1.9× larger
TEX
$1.3B
$704.9M
SM
Growing faster (revenue YoY)
TEX
TEX
+23.5% gap
TEX
6.2%
-17.3%
SM
Faster 2-yr revenue CAGR
SM
SM
Annualised
SM
12.2%
1.0%
TEX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SM
SM
TEX
TEX
Revenue
$704.9M
$1.3B
Net Profit
$63.0M
Gross Margin
18.8%
Operating Margin
25.9%
10.4%
Net Margin
4.8%
Revenue YoY
-17.3%
6.2%
Net Profit YoY
2963.6%
EPS (diluted)
$0.94
$0.95

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SM
SM
TEX
TEX
Q4 25
$704.9M
$1.3B
Q3 25
$811.6M
$1.4B
Q2 25
$792.9M
$1.5B
Q1 25
$844.5M
$1.2B
Q4 24
$852.0M
$1.2B
Q3 24
$643.6M
$1.2B
Q2 24
$634.6M
$1.4B
Q1 24
$559.9M
$1.3B
Net Profit
SM
SM
TEX
TEX
Q4 25
$63.0M
Q3 25
$155.1M
$65.0M
Q2 25
$201.7M
$72.0M
Q1 25
$182.3M
$21.0M
Q4 24
$-2.2M
Q3 24
$240.5M
$88.0M
Q2 24
$210.3M
$140.7M
Q1 24
$131.2M
$108.5M
Gross Margin
SM
SM
TEX
TEX
Q4 25
18.8%
Q3 25
20.3%
Q2 25
19.6%
Q1 25
18.7%
Q4 24
15.9%
Q3 24
20.2%
Q2 24
23.8%
Q1 24
23.0%
Operating Margin
SM
SM
TEX
TEX
Q4 25
25.9%
10.4%
Q3 25
30.4%
10.1%
Q2 25
37.2%
8.7%
Q1 25
32.7%
5.6%
Q4 24
33.7%
4.2%
Q3 24
51.4%
10.1%
Q2 24
44.0%
14.0%
Q1 24
31.9%
12.2%
Net Margin
SM
SM
TEX
TEX
Q4 25
4.8%
Q3 25
19.1%
4.7%
Q2 25
25.4%
4.8%
Q1 25
21.6%
1.7%
Q4 24
-0.2%
Q3 24
37.4%
7.3%
Q2 24
33.1%
10.2%
Q1 24
23.4%
8.4%
EPS (diluted)
SM
SM
TEX
TEX
Q4 25
$0.94
$0.95
Q3 25
$1.35
$0.98
Q2 25
$1.76
$1.09
Q1 25
$1.59
$0.31
Q4 24
$1.63
$-0.03
Q3 24
$2.09
$1.31
Q2 24
$1.82
$2.08
Q1 24
$1.13
$1.60

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SM
SM
TEX
TEX
Cash + ST InvestmentsLiquidity on hand
$368.0M
$772.0M
Total DebtLower is stronger
$2.6B
Stockholders' EquityBook value
$4.8B
$2.1B
Total Assets
$9.3B
$6.1B
Debt / EquityLower = less leverage
1.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SM
SM
TEX
TEX
Q4 25
$368.0M
$772.0M
Q3 25
$162.3M
$509.0M
Q2 25
$101.9M
$374.0M
Q1 25
$54.0K
$298.0M
Q4 24
$388.0M
Q3 24
$1.7B
$352.0M
Q2 24
$487.9M
$319.3M
Q1 24
$506.3M
$364.9M
Total Debt
SM
SM
TEX
TEX
Q4 25
$2.6B
Q3 25
Q2 25
Q1 25
Q4 24
$2.6B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
SM
SM
TEX
TEX
Q4 25
$4.8B
$2.1B
Q3 25
$4.7B
$2.0B
Q2 25
$4.6B
$2.0B
Q1 25
$4.4B
$1.8B
Q4 24
$4.2B
$1.8B
Q3 24
$4.1B
$2.0B
Q2 24
$3.8B
$1.8B
Q1 24
$3.7B
$1.7B
Total Assets
SM
SM
TEX
TEX
Q4 25
$9.3B
$6.1B
Q3 25
$9.1B
$6.2B
Q2 25
$9.0B
$6.2B
Q1 25
$8.8B
$5.8B
Q4 24
$8.6B
$5.7B
Q3 24
$8.0B
$3.8B
Q2 24
$6.7B
$3.8B
Q1 24
$6.4B
$3.8B
Debt / Equity
SM
SM
TEX
TEX
Q4 25
1.23×
Q3 25
Q2 25
Q1 25
Q4 24
1.41×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SM
SM
TEX
TEX
Operating Cash FlowLast quarter
$451.9M
$205.0M
Free Cash FlowOCF − Capex
$171.0M
FCF MarginFCF / Revenue
13.0%
Capex IntensityCapex / Revenue
2.6%
Cash ConversionOCF / Net Profit
3.25×
TTM Free Cash FlowTrailing 4 quarters
$322.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SM
SM
TEX
TEX
Q4 25
$451.9M
$205.0M
Q3 25
$505.0M
$154.0M
Q2 25
$571.1M
$102.0M
Q1 25
$483.0M
$-21.0M
Q4 24
$578.4M
$177.0M
Q3 24
$452.3M
$116.4M
Q2 24
$476.4M
$66.5M
Q1 24
$276.0M
$-33.9M
Free Cash Flow
SM
SM
TEX
TEX
Q4 25
$171.0M
Q3 25
$130.0M
Q2 25
$78.0M
Q1 25
$-57.0M
Q4 24
$128.0M
Q3 24
$87.4M
Q2 24
$42.5M
Q1 24
$-68.9M
FCF Margin
SM
SM
TEX
TEX
Q4 25
13.0%
Q3 25
9.4%
Q2 25
5.2%
Q1 25
-4.6%
Q4 24
10.3%
Q3 24
7.2%
Q2 24
3.1%
Q1 24
-5.3%
Capex Intensity
SM
SM
TEX
TEX
Q4 25
2.6%
Q3 25
1.7%
Q2 25
1.6%
Q1 25
2.9%
Q4 24
3.9%
Q3 24
2.4%
Q2 24
1.7%
Q1 24
2.7%
Cash Conversion
SM
SM
TEX
TEX
Q4 25
3.25×
Q3 25
3.26×
2.37×
Q2 25
2.83×
1.42×
Q1 25
2.65×
-1.00×
Q4 24
Q3 24
1.88×
1.32×
Q2 24
2.27×
0.47×
Q1 24
2.10×
-0.31×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SM
SM

Segment breakdown not available.

TEX
TEX

Aerials Segment$466.0M35%
Materials Processing Segment$428.0M32%
Materials Processing Equipment$279.0M21%
Specialty Equipment$148.0M11%

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