TEX vs. ALG
TEX (Terex Corporation) and ALG (Alamo Group Inc.) are both stocks. Both operate in the Farm & Heavy Construction Machinery industry within the Industrials sector. Over the past 10 years, TEX returned 11.41%/yr vs 10.56%/yr for ALG. Their 0.32 correlation means their historical movements had little consistent relationship.
Performance
TEX vs. ALG - Performance Comparison
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Returns By Period
In the year-to-date period, TEX achieves a 21.32% return, which is significantly higher than ALG's -1.78% return. Over the past 10 years, TEX has outperformed ALG with an annualized return of 11.41%, while ALG has yielded a comparatively lower 10.56% annualized return.
TEX
- 1D
- 2.50%
- 1M
- -5.50%
- 6M
- 9.78%
- YTD
- 21.32%
- 1Y
- 33.23%
- 3Y*
- 2.19%
- 5Y*
- 7.06%
- 10Y*
- 11.41%
- ALL TIME*
- 5.17%
ALG
- 1D
- 3.05%
- 1M
- -3.51%
- 6M
- -15.59%
- YTD
- -1.78%
- 1Y
- -23.41%
- 3Y*
- -2.62%
- 5Y*
- 3.65%
- 10Y*
- 10.56%
- ALL TIME*
- 9.63%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $16.81M | $20.43M | $27.57M | |
| $114.64M | $92.58M | $90.10M |
TEX vs. ALG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TEX Terex Corporation | 21.32% | 17.25% | -18.59% | 36.10% | -1.44% | 27.22% | 17.82% | 9.67% | -42.22% | 54.26% |
ALG Alamo Group Inc. | -1.78% | -9.12% | -11.07% | 49.19% | -3.27% | 7.09% | 10.41% | 63.18% | -31.19% | 49.01% |
Correlation
The correlation between TEX and ALG is 0.54, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.54 |
Correlation (3Y) Balances recent behavior with more history. | 0.60 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.62 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.59 |
Correlation (All Time) Calculated using the full available price history since Mar 19, 1993 | 0.32 |
Over the past year, TEX and ALG have become more correlated (0.54) than their long-term average of 0.32, meaning their price movements have been converging.
Fundamentals
TEX:
$4.72B
ALG:
$1.99B
TEX:
$3.00
ALG:
$8.35
TEX:
21.45
ALG:
19.63
TEX:
1.80
ALG:
2.33
TEX:
0.48
ALG:
1.19
TEX:
$6.68B
ALG:
$1.66B
TEX:
$1.18B
ALG:
$402.35M
TEX:
$355.00M
ALG:
$202.12M
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Return for Risk
TEX vs. ALG — Risk / Return Rank
TEX
ALG
TEX vs. ALG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Terex Corporation (TEX) and Alamo Group Inc. (ALG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TEX | ALG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.41 | ||
| Sortino ratioReturn per unit of downside risk | +2.12 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 0.89 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 1.18 | -0.65 | +1.83 |
| Martin ratioReturn relative to average drawdown | 3.09 | -0.97 | +4.07 |
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Drawdowns
TEX vs. ALG - Drawdown Comparison
The maximum TEX drawdown since its inception was -91.96%, which is greater than ALG's maximum drawdown of -69.23%. Use the drawdown chart below to compare losses from any high point for TEX and ALG.
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Drawdown Indicators
| TEX | ALG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.96% | -69.23% | -22.73% |
Max Drawdown (1Y)Largest decline over 1 year | -28.29% | -36.30% | +8.01% |
Max Drawdown (3Y)Largest decline over 3 years | -51.25% | -36.30% | -14.95% |
Max Drawdown (5Y)Largest decline over 5 years | -51.25% | -36.30% | -14.95% |
Max Drawdown (10Y)Largest decline over 10 years | -74.15% | -42.47% | -31.68% |
Current DrawdownCurrent decline from peak | -21.46% | -28.94% | +7.48% |
Average DrawdownAverage peak-to-trough decline | -51.28% | -19.68% | -31.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.77% | 24.10% | -13.33% |
Volatility
TEX vs. ALG - Volatility Comparison
Terex Corporation (TEX) has a higher volatility of 13.19% compared to Alamo Group Inc. (ALG) at 7.73%. This indicates that TEX's price experiences larger fluctuations and is considered to be riskier than ALG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TEX | ALG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.19% | 7.73% | +5.46% |
Volatility (6M)Calculated over the trailing 6-month period | 37.64% | 27.30% | +10.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.14% | 32.28% | +16.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.28% | 29.56% | +14.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.37% | 31.17% | +14.20% |
Dividends
TEX vs. ALG - Dividend Comparison
TEX's dividend yield for the trailing twelve months is around 1.06%, more than ALG's 0.81% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALG Alamo Group Inc. | 0.81% | 0.71% | 0.56% | 0.42% | 0.51% | 0.38% | 0.38% | 0.38% | 0.57% | 0.35% | 0.47% | 0.61% |
TEX Terex Corporation | 1.06% | 1.27% | 1.47% | 1.11% | 1.22% | 1.09% | 0.34% | 1.48% | 1.45% | 0.66% | 0.89% | 1.30% |
Financials
TEX vs. ALG - Financials Comparison
This section allows you to compare key financial metrics between Terex Corporation and Alamo Group Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
TEX vs. ALG - Profitability Comparison
TEX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Terex Corporation reported a gross profit of 444.00M and revenue of 2.24B. Therefore, the gross margin over that period was 19.8%.
ALG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Alamo Group Inc. reported a gross profit of 110.86M and revenue of 450.73M. Therefore, the gross margin over that period was 24.6%.
TEX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Terex Corporation reported an operating income of 187.00M and revenue of 2.24B, resulting in an operating margin of 8.4%.
ALG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Alamo Group Inc. reported an operating income of 45.77M and revenue of 450.73M, resulting in an operating margin of 10.2%.
TEX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Terex Corporation reported a net income of 110.00M and revenue of 2.24B, resulting in a net margin of 4.9%.
ALG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Alamo Group Inc. reported a net income of 30.94M and revenue of 450.73M, resulting in a net margin of 6.9%.
Frequently Asked Questions
TEX and ALG have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TEX has higher volatility (13.19%) compared to ALG (7.73%). In terms of maximum drawdown, TEX dropped -91.96% vs ALG's -69.23%.
TEX currently has the higher Sharpe Ratio (0.68 vs -0.73), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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