CNH · Cnh Industrial N.V. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · CNH

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$18.09B	$19.84B	$24.69B	$23.55B	$33.43B	$26.03B
Cost of Revenue	$12.39B	$13.35B	$16.84B	$16.80B	$25.95B	$21.33B
Gross Profit	$5.71B	$6.49B	$7.85B	$6.75B	$7.48B	$4.71B
R&D	$1.02B	$924.00M	$1.04B	$866.00M	$1.24B	$932.00M
SG&A	$1.88B	$1.71B	$1.86B	$1.75B	$2.44B	$2.15B
Total Operating Expenses	-	-	-	-	-	-
D&A	$267.00M	$235.00M	$213.00M	$198.00M	$751.00M	$801.00M
Operating Income	$620.00M	$1.46B	$2.70B	$2.68B	$1.98B	($505.00M)
Interest Expense	-	-	$1.34B	$734.00M	$596.00M	$678.00M
Income Tax	$184.00M	$336.00M	$594.00M	$747.00M	$342.00M	($50.00M)
Net Income	$510.00M	$1.25B	$2.37B	$2.03B	$1.72B	($493.00M)
EPS - Basic	$0.41	$0.99	$1.78	$1.50	$1.27	($0.36)
EPS - Diluted	$0.41	$0.99	$1.76	$1.49	$1.27	($0.36)

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$2.58B	$3.19B	$4.32B	$4.38B	$6.01B	$8.79B
Accounts Receivable	-	-	-	-	-	-
Inventory	$4.65B	$4.78B	$5.54B	$4.81B	$7.22B	$6.02B
Accounts Payable	-	-	-	-	-	-
Current Assets	-	-	-	-	-	-
Total Assets	$42.75B	$42.93B	$46.35B	$39.38B	$49.42B	$48.72B
Current Liabilities	-	-	-	-	-	-
Long-term Debt	-	-	-	-	-	-
Total Liabilities	$34.92B	$35.16B	$38.12B	$32.41B	$42.56B	$43.69B
Stockholders' Equity	$7.77B	$7.71B	$8.18B	$6.93B	$6.81B	$4.99B
Retained Earnings	$10.51B	$10.31B	$9.75B	$7.91B	$4.82B	$3.28B

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$2.54B	$1.97B	$907.00M	$557.00M	$4.08B	$5.53B
Investing Cash Flow	($1.38B)	($2.77B)	($3.70B)	($3.01B)	($5.00B)	($2.75B)
Financing Cash Flow	($2.02B)	($67.00M)	$2.60B	$1.96B	($1.45B)	$659.00M
CapEx	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	31.5%	32.7%	31.8%	28.7%	22.4%	18.1%
Operating margin	3.4%	7.3%	10.9%	11.4%	5.9%	-1.9%
EBITDA margin	4.9%	8.5%	11.8%	12.2%	8.2%	1.1%
Net margin	2.8%	6.3%	9.6%	8.6%	5.2%	-1.9%
Free cash flow margin	-	-	-	-	-	-
FCF / Net income	-	-	-	-	-	-
R&D / Revenue	5.7%	4.7%	4.2%	3.7%	3.7%	3.6%
SG&A / Revenue	10.4%	8.6%	7.5%	7.4%	7.3%	8.3%
Effective tax rate	26.5%	21.2%	20.0%	26.9%	16.6%	-
Return on assets	1.2%	2.9%	5.1%	5.2%	3.5%	-1.0%
Return on equity	6.6%	16.2%	29.0%	29.3%	25.3%	-9.9%
Return on invested capital	-	-	-	-	-	-
Liquidity
Current ratio	-	-	-	-	-	-
Quick ratio	-	-	-	-	-	-
Cash ratio	-	-	-	-	-	-
Leverage
Debt / Equity	-	-	-	-	-	-
Debt / Assets	-	-	-	-	-	-
Debt / EBITDA	-	-	-	-	-	-
Interest coverage	-	-	2.0x	3.7x	3.3x	-0.7x
Equity multiplier	5.50	5.57	5.67	5.69	7.26	9.77
Liabilities / Assets	0.82	0.82	0.82	0.82	0.86	0.90
Efficiency
Asset turnover	0.42	0.46	0.53	0.60	0.68	0.53
Inventory turnover	2.66	2.80	3.04	3.49	3.59	3.54
Days sales outstanding	-	-	-	-	-	-
Days inventory outstanding	137d	131d	120d	105d	102d	103d
Days payable outstanding	-	-	-	-	-	-
Cash conversion cycle	-	-	-	-	-	-
Valuation
P / E	22.5x	11.4x	6.9x	10.8x	13.3x	-
P / B	1.5x	1.9x	2.0x	3.2x	3.4x	3.0x
P / S	0.6x	0.7x	0.7x	0.9x	0.7x	0.6x
EV / EBITDA	10.1x	6.6x	4.2x	6.1x	6.2x	21.3x
Growth
Revenue growth (YoY)	-8.8%	-19.7%	4.8%	-29.5%	28.4%	-7.3%
Revenue CAGR (3y)	-8.4%	-16.0%	-1.8%	-5.7%	4.0%	-1.6%
Revenue CAGR (5y)	-7.0%	-6.7%	-3.6%	-3.0%	6.1%	0.1%
Gross profit growth (YoY)	-12.0%	-17.4%	16.2%	-9.7%	58.9%	-24.7%
Operating income growth (YoY)	-57.4%	-46.1%	0.8%	35.5%	-	-
Net income growth (YoY)	-59.1%	-47.4%	16.9%	17.8%	-	-
EPS growth (YoY)	-58.6%	-43.8%	18.1%	17.3%	-	-
EPS CAGR (3y)	-35.0%	-8.0%	-	12.4%	17.6%	-
EPS CAGR (5y)	-	-1.2%	17.7%	46.6%	-	-
FCF growth (YoY)	-	-	-	-	-	-
FCF CAGR (5y)	-	-	-	-	-	-
Book value growth (YoY)	0.8%	-5.7%	18.1%	1.7%	36.5%	-18.5%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$48.76B total

Agriculture Constrcution And Eliminations And Other Industrial Activities$15.35B · 31.5%

Agricultural Equipment Segment$12.39B · 25.4%

Agriculture Segment$12.39B · 25.4%

Construction Equipment Segment$2.96B · 6.1%

Construction Segment$2.96B · 6.1%

Financial Services Segment$2.72B · 5.6%

Product / service

$30.69B total

Product$15.29B · 49.8%

Agricultural Equipment$12.39B · 40.4%

Construction Equipment$2.96B · 9.6%

Service$56.00M · 0.2%

Geographic

$35.80B total

Rest Of World And Other$17.70B · 49.5%

US$5.81B · 16.2%

Others Countries$3.17B · 8.9%

BR$2.50B · 7.0%

CA$1.55B · 4.3%

FR$986.00M · 2.8%

AU$693.00M · 1.9%

IN$634.00M · 1.8%

AR$547.00M · 1.5%

IT$462.00M · 1.3%

DE$445.00M · 1.2%

GB$393.00M · 1.1%

PL$317.00M · 0.9%

ES$310.00M · 0.9%

CN$276.00M · 0.8%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

4/9

Neutral

✓Net income positive
✓Operating cash flow positive
✗ROA improved YoY
✓Cash flow > net income
-Long-term debt decreased
-Current ratio improved
✓No share dilution
✗Gross margin improved
✗Asset turnover improved

Peer comparison

Same SIC group: Construction Machinery & Equip

Company	Revenue (last FY)	Net margin	ROE
CMCO	$963.03M	-0.5%	-0.6%
CAT	$67.59B	13.1%	41.7%
ASTE	$1.41B	2.8%	5.7%
MTW	$2.24B	0.3%	1.0%
SHYF	-	-	-

Comparing CNH Industrial N.V. against the 5 most active filers in the same SIC group.

Dividends

$0.10/share trailing 12 months · -60.0% YoY

Ex-date	Per share
May 21, 2026	$0.1000
May 21, 2025	$0.2500
May 10, 2024	$0.4700
Apr 24, 2023	$0.3960
Apr 19, 2022	$0.3020
Apr 19, 2021	$0.1149
Apr 23, 2019	$0.1767
Apr 23, 2018	$0.1497
Apr 24, 2017	$0.1027
Apr 25, 2016	$0.1271
Apr 20, 2015	$0.1880
Apr 22, 2014	$0.2402