The second quarter of 2025 has been a mixed bag for global construction machinery manufacturers, with Terex Corporation (NYSE:TEX) delivering solid results compared to some of its industry peers.
Terex reported steady revenue growth driven by robust demand in infrastructure projects, particularly in North America and select international markets. Its aerial work platforms and materials processing segments recorded healthy order backlogs, supported by government spending on construction and industrial upgrades. Profitability also improved, aided by operational efficiencies and better supply chain management.
In contrast, several competitors in the sector faced margin pressures due to rising input costs, fluctuating steel prices, and slower-than-expected recovery in certain emerging markets. While some rivals reported revenue stagnation, Terex maintained momentum through strategic product launches and expansion into high-demand markets.
Analysts note that the construction machinery industry continues to benefit from global infrastructure investment trends but is grappling with currency volatility, supply chain disruptions, and changing regulatory landscapes. Terex’s Q2 performance has positioned it as a strong contender, with its management reiterating a positive full-year outlook.