CNH Industrial N.V. CNH

Industrials SIC 3531 - Construction Machinery & Equip NAICS Manufacturing › Machinery Manufacturing › Agriculture, Construction, and Mining Machinery Manufacturing › Construction Machinery Manufacturing derived NYSE

CNH Industrial N.V. ("CNH" or the "Company") was formed in 2013 by the business combination transaction between Fiat Industrial S.p.A. and its subsidiary CNH Global N.V.. CNH was incorporated on November 23, 2012, as a public limited liability company (naamloze vennootschap) under the laws of the Netherlands. The Company's principal office is at Cranes Farm Road, Basildon, Essex, SS14 3AD, United Kingdom (telephone number: +44-207-9251-964). CNH's agent for U.S. federal securities law purposes is Britton Worthen, c/o CNH Industrial America LLC, 711 Jorie Boulevard, Oak Brook, Illinois 60523 (telephone number +1-331-256-0594).

Unless otherwise indicated or the context otherwise requires, as used in this Annual Report, the term "CNH", "we", "us", "our" or "the Company" refer to CNH Industrial N.V. together with its consolidated subsidiaries.

Last close 11.49 2026-10-23
Market cap $14.22B 2026-06-30 share count
52-week range 9.00 - 14.46

Valuation FY2025 figures against the last close

P/S0.9x
P/E28.0x
P/FCF5.6x
EV/EBITDA—
Dividend yield2.3%
Diluted EPS0.41

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $15.35B$17.06B$22.08B$21.54B$17.80B$13.08B$26.15B$27.83B$25.77B$23.22B
Cost of revenue $12.39B$13.35B$16.84B$16.80B$14.11B$11.15B$21.83B$22.96B$21.57B$19.42B
Gross profit $2.96B$3.71B$5.24B$4.74B$3.69B$1.93B$4.32B$4.87B$4.20B$3.80B
R&D $1.02B$924.0M$1.04B$866.0M$642.0M$493.0M$1.03B$1.06B$957.0M$860.0M
SG&A $1.88B$1.71B$1.86B$1.75B$1.45B$1.30B$2.22B$2.35B$2.31B$2.25B
Operating income ————————$1.66B$1.45B
Interest expense $114.0M$152.0M$76.0M$119.0M$549.0M$660.0M$798.0M$812.0M$940.0M$1.03B
Pre-tax income $620.0M$1.46B$2.70B$2.68B$1.94B-$179.0M$1.17B$1.47B$659.0M-$22.0M
Income tax $184.0M$336.0M$594.0M$747.0M$229.0M$85.0M$271.0M$417.0M$457.0M$297.0M
Net income $510.0M$1.25B$2.27B$2.03B$1.72B-$493.0M$1.42B$1.07B$272.0M-$264.0M
EPS, basic 0.410.991.711.501.27-0.361.050.790.20-0.19
EPS, diluted 0.410.991.691.491.27-0.361.050.780.20-0.19
Shares, diluted (wtd. avg.) 1.25B1.26B1.35B1.36B1.36B1.35B1.35B1.36B1.37B1.36B

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $2.58B$3.19B$4.32B$5.13B$5.84B$8.99B$5.77B$5.80B$6.20B$5.85B
Inventory $4.65B$4.78B$5.54B$4.81B$4.22B$6.02B$7.08B$6.73B$6.45B$5.61B
Property, plant and equipment $2.18B$1.94B$1.91B$1.53B$1.48B$4.92B$5.27B$5.90B$6.83B$6.40B
Goodwill $3.62B$3.58B$3.61B$3.32B$3.21B$1.84B$2.54B$2.45B$2.47B$2.45B
Other intangibles $1.09B$1.22B$1.29B$1.13B$1.21B$772.0M$806.0M$788.0M$792.0M$787.0M
Total assets $42.75B$42.93B$46.27B$39.38B$49.42B$48.72B$47.35B$46.10B$48.30B$45.55B
Total liabilities $34.92B$35.16B$38.12B$32.41B$42.56B$43.69B$41.20B$41.00B$44.04B$41.08B
Retained earnings $10.51B$10.31B$9.65B$7.91B$4.82B$3.28B$3.81B$2.60B$1.76B$1.79B
Total equity $7.77B$7.71B$8.10B$6.93B$6.81B$4.99B$6.12B$5.07B$4.23B$4.32B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $2.54B$1.97B$907.0M$557.0M$4.08B$5.53B$1.83B$2.55B$2.87B$2.77B
Depreciation and amortisation $267.0M$235.0M$213.0M$198.0M$210.0M$227.0M$853.0M$965.0M$725.0M$716.0M
Stock-based compensation $45.0M$71.0M$99.0M$87.0M$90.0M—————
Capital expenditure —————————$2.13B
Investing cash flow -$1.38B-$2.77B-$3.70B-$3.01B-$5.00B-$2.75B-$1.99B-$1.92B-$1.87B-$1.66B
Financing cash flow -$2.02B-$67.0M$2.60B$1.96B-$1.45B$659.0M$206.0M-$723.0M-$1.04B-$1.54B
Dividends paid $333.0M$607.0M$538.0M$423.0M$188.0M$8.0M$283.0M$243.0M$168.0M$207.0M
Buybacks $100.0M$702.0M$652.0M$153.0M——$57.0M$156.0M$38.0M$14.0M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001567094-26-000006.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -10B 0 10B 20B 30B Revenue, FY2016: 23.2B Gross profit, FY2016: 3.8B Net income, FY2016: -264M Revenue, FY2017: 25.8B Gross profit, FY2017: 4.2B Net income, FY2017: 272M Revenue, FY2018: 27.8B Gross profit, FY2018: 4.9B Net income, FY2018: 1.1B Revenue, FY2019: 26.1B Gross profit, FY2019: 4.3B Net income, FY2019: 1.4B Revenue, FY2020: 13.1B Gross profit, FY2020: 1.9B Net income, FY2020: -493M Revenue, FY2021: 17.8B Gross profit, FY2021: 3.7B Net income, FY2021: 1.7B Revenue, FY2022: 21.5B Gross profit, FY2022: 4.7B Net income, FY2022: 2B Revenue, FY2023: 22.1B Gross profit, FY2023: 5.2B Net income, FY2023: 2.3B Revenue, FY2024: 17.1B Gross profit, FY2024: 3.7B Net income, FY2024: 1.2B Revenue, FY2025: 15.3B Gross profit, FY2025: 3B Net income, FY2025: 510M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $23.22B $25.77B $27.83B $26.15B $13.08B $17.80B $21.54B $22.08B $17.06B $15.35B
Gross profit $3.80B $4.20B $4.87B $4.32B $1.93B $3.69B $4.74B $5.24B $3.71B $2.96B
Net income -$264.0M $272.0M $1.07B $1.42B -$493.0M $1.72B $2.03B $2.27B $1.25B $510.0M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Regulation FD disclosure Item 7.01
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Officer or director change Item 5.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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