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Side-by-side financial comparison of TEREX CORP (TEX) and T. Rowe Price (TROW). Click either name above to swap in a different company.

T. Rowe Price is the larger business by last-quarter revenue ($1.9B vs $1.3B, roughly 1.4× TEREX CORP). T. Rowe Price runs the higher net margin — 26.1% vs 4.8%, a 21.3% gap on every dollar of revenue. On growth, TEREX CORP posted the faster year-over-year revenue change (6.2% vs -4.0%). Over the past eight quarters, T. Rowe Price's revenue compounded faster (3.5% CAGR vs 1.0%).

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.

T. Rowe Price Group, Inc. is an American publicly owned global investment management firm that offers funds, subadvisory services, separate account management, and retirement plans and services for individuals, institutions, and financial intermediaries. The firm has assets under management of more than $1.51 trillion and annual revenues of $6.48 billion as of 2023, placing it 537 on the Fortune 1000 list of the largest U.S. companies.

TEX vs TROW — Head-to-Head

Bigger by revenue
TROW
TROW
1.4× larger
TROW
$1.9B
$1.3B
TEX
Growing faster (revenue YoY)
TEX
TEX
+10.2% gap
TEX
6.2%
-4.0%
TROW
Higher net margin
TROW
TROW
21.3% more per $
TROW
26.1%
4.8%
TEX
Faster 2-yr revenue CAGR
TROW
TROW
Annualised
TROW
3.5%
1.0%
TEX

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
TEX
TEX
TROW
TROW
Revenue
$1.3B
$1.9B
Net Profit
$63.0M
$484.1M
Gross Margin
18.8%
Operating Margin
10.4%
36.6%
Net Margin
4.8%
26.1%
Revenue YoY
6.2%
-4.0%
Net Profit YoY
2963.6%
2.7%
EPS (diluted)
$0.95
$2.23

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
TEX
TEX
TROW
TROW
Q1 26
$1.9B
Q4 25
$1.3B
$1.9B
Q3 25
$1.4B
$1.9B
Q2 25
$1.5B
$1.7B
Q1 25
$1.2B
$1.8B
Q4 24
$1.2B
$1.8B
Q3 24
$1.2B
$1.8B
Q2 24
$1.4B
$1.7B
Net Profit
TEX
TEX
TROW
TROW
Q1 26
$484.1M
Q4 25
$63.0M
$445.3M
Q3 25
$65.0M
$646.1M
Q2 25
$72.0M
$505.2M
Q1 25
$21.0M
$490.5M
Q4 24
$-2.2M
$439.9M
Q3 24
$88.0M
$603.0M
Q2 24
$140.7M
$483.4M
Gross Margin
TEX
TEX
TROW
TROW
Q1 26
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%
Operating Margin
TEX
TEX
TROW
TROW
Q1 26
36.6%
Q4 25
10.4%
24.4%
Q3 25
10.1%
34.0%
Q2 25
8.7%
27.8%
Q1 25
5.6%
33.8%
Q4 24
4.2%
31.2%
Q3 24
10.1%
34.4%
Q2 24
14.0%
32.6%
Net Margin
TEX
TEX
TROW
TROW
Q1 26
26.1%
Q4 25
4.8%
23.0%
Q3 25
4.7%
34.1%
Q2 25
4.8%
29.3%
Q1 25
1.7%
27.8%
Q4 24
-0.2%
24.1%
Q3 24
7.3%
33.8%
Q2 24
10.2%
27.9%
EPS (diluted)
TEX
TEX
TROW
TROW
Q1 26
$2.23
Q4 25
$0.95
$1.98
Q3 25
$0.98
$2.87
Q2 25
$1.09
$2.24
Q1 25
$0.31
$2.15
Q4 24
$-0.03
$1.91
Q3 24
$1.31
$2.64
Q2 24
$2.08
$2.11

Balance Sheet & Financial Strength

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

Metric
TEX
TEX
TROW
TROW
Cash + ST InvestmentsLiquidity on hand
$772.0M
$3.7B
Total DebtLower is stronger
$2.6B
Stockholders' EquityBook value
$2.1B
$974.7M
Total Assets
$6.1B
$14.4B
Debt / EquityLower = less leverage
1.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TEX
TEX
TROW
TROW
Q1 26
$3.7B
Q4 25
$772.0M
$3.4B
Q3 25
$509.0M
$3.6B
Q2 25
$374.0M
$3.1B
Q1 25
$298.0M
$2.8B
Q4 24
$388.0M
$2.6B
Q3 24
$352.0M
$3.2B
Q2 24
$319.3M
$2.7B
Total Debt
TEX
TEX
TROW
TROW
Q1 26
Q4 25
$2.6B
Q3 25
Q2 25
Q1 25
Q4 24
$2.6B
Q3 24
Q2 24
Stockholders' Equity
TEX
TEX
TROW
TROW
Q1 26
$974.7M
Q4 25
$2.1B
$10.9B
Q3 25
$2.0B
$10.8B
Q2 25
$2.0B
$10.6B
Q1 25
$1.8B
$10.4B
Q4 24
$1.8B
$10.3B
Q3 24
$2.0B
$10.2B
Q2 24
$1.8B
$9.9B
Total Assets
TEX
TEX
TROW
TROW
Q1 26
$14.4B
Q4 25
$6.1B
$14.3B
Q3 25
$6.2B
$14.7B
Q2 25
$6.2B
$14.3B
Q1 25
$5.8B
$14.0B
Q4 24
$5.7B
$13.5B
Q3 24
$3.8B
$13.7B
Q2 24
$3.8B
$13.1B
Debt / Equity
TEX
TEX
TROW
TROW
Q1 26
Q4 25
1.23×
Q3 25
Q2 25
Q1 25
Q4 24
1.41×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
TEX
TEX
TROW
TROW
Operating Cash FlowLast quarter
$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
TEX
TEX
TROW
TROW
Q1 26
Q4 25
$205.0M
$-18.7M
Q3 25
$154.0M
$609.3M
Q2 25
$102.0M
$529.9M
Q1 25
$-21.0M
$632.9M
Q4 24
$177.0M
$-281.9M
Q3 24
$116.4M
$652.5M
Q2 24
$66.5M
$677.7M
Free Cash Flow
TEX
TEX
TROW
TROW
Q1 26
Q4 25
$171.0M
$-85.4M
Q3 25
$130.0M
$546.0M
Q2 25
$78.0M
$467.7M
Q1 25
$-57.0M
$550.9M
Q4 24
$128.0M
$-394.9M
Q3 24
$87.4M
$547.9M
Q2 24
$42.5M
$574.4M
FCF Margin
TEX
TEX
TROW
TROW
Q1 26
Q4 25
13.0%
-4.4%
Q3 25
9.4%
28.8%
Q2 25
5.2%
27.1%
Q1 25
-4.6%
31.2%
Q4 24
10.3%
-21.6%
Q3 24
7.2%
30.7%
Q2 24
3.1%
33.1%
Capex Intensity
TEX
TEX
TROW
TROW
Q1 26
Q4 25
2.6%
3.4%
Q3 25
1.7%
3.3%
Q2 25
1.6%
3.6%
Q1 25
2.9%
4.6%
Q4 24
3.9%
6.2%
Q3 24
2.4%
5.9%
Q2 24
1.7%
6.0%
Cash Conversion
TEX
TEX
TROW
TROW
Q1 26
Q4 25
3.25×
-0.04×
Q3 25
2.37×
0.94×
Q2 25
1.42×
1.05×
Q1 25
-1.00×
1.29×
Q4 24
-0.64×
Q3 24
1.32×
1.08×
Q2 24
0.47×
1.40×

Financial Flow Comparison

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

Revenue Breakdown by Segment

TEX
TEX

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

TROW
TROW

Equity$974.7M52%
Multi-asset$509.1M27%
Administrative, distribution, servicing, and other fees$138.4M7%
Fixed income, including money market$111.8M6%
Alternatives$87.4M5%
Capital allocation-based income (1)$28.1M2%
Performance-based advisory fees$7.5M0%

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