CNH Industrial N.V.
NYSE•CNH
CEO: Ms. Suzanne Elizabeth Heywood
Sector: Industrials
Industry: Agricultural - Machinery
Listing Date: 1996-11-01
CNH Industrial N.V., an equipment and services company, engages in the design, production, marketing, sale, and financing of agricultural and construction equipment in North America, Europe, the Middle East, Africa, South America, and the Asia Pacific. The company operates through three segments: Agriculture, Construction, and Financial Services. The Agriculture segment designs, manufactures, and distributes farm machinery and implements, including two-wheel and four-wheel drive tractors, crawler tractors, combines, grape and sugar cane harvesters, hay and forage equipment, planting and seeding equipment, soil preparation and cultivation implements, material handling equipment, and precision agriculture technology. This segment sells its agricultural equipment under the New Holland Agriculture and Case IH brands. The Construction segment designs, manufactures, and distributes construction equipment comprising excavators, crawler dozers, graders, wheel loaders, backhoe loaders, skid steer loaders, and compact track loaders under the CASE Construction Equipment, New Holland Construction, and Eurocomach brands. The Financial Services segment offers financing to end-use customers for the purchase of new and used agricultural and construction equipment and components, as well as revolving charge account financing and other financial services. It also provides wholesale financing to CNH Industrial brand dealers and distributors; trade receivables factoring services to CNH companies; and financial services to Iveco Group companies in the North America, South America, and Asia Pacific regions. The company was founded in 1842 and is headquartered in Basildon, the United Kingdom.
Contact Information
Market Cap
$13.10B
P/E (TTM)
15.9
26.7
Dividend Yield
2.4%
52W High
$14.27
52W Low
$9.87
52W Range
3.2
F-Score
Modified Piotroski Analysis
Based on 9-year fundamentals
Weak • 3.2 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2024
Financial Dashboard
Q2 2025 Data
Revenue
$4.71B-14.19%
4-Quarter Trend
EPS
$0.17-50.00%
4-Quarter Trend
FCF
$520.00M+222.98%
4-Quarter Trend
2025 Q2 Earnings Highlights
Key Highlights
Quarterly Net Sales Decline Net sales $4.02B USD, down 16.3% for the quarter; driven by lower shipment volumes and dealer destocking.
Net Income Halved Net income attributable to CNH $213M USD for the quarter, a sharp decrease from $399M USD last year.
Six Month Revenue Drop Total revenues $8.54B USD for six months, declining 17.1% versus prior year period due to industry demand softness.
Cash Position Strengthened Total cash, equivalents, and restricted cash reached $3.15B USD as of June 30, 2025, up $500M from year-end.
Risk Factors
Industrial Sales Volume Weakness Agriculture sales fell 17.0% quarterly due to decreased industry demand and ongoing dealer destocking across regions.
Material Weakness Inventory Control Material weakness identified in internal controls over raw material and work-in-process inventory existence and completeness.
Brazilian Credit Reserve Increase Retail credit allowance increased by $152M USD in Brazil due to poor crop prices, flooding, and drought conditions.
Total Debt Increased Total Debt grew to $27.41B USD as of June 30, 2025, driven by financing activities supporting the portfolio.
Outlook
Inventory Control Remediation Plan Implementing full physical inventory counts in Q4 2025 and engaging consultants to improve cycle count internal controls.
Evaluating US Tax Legislation Evaluating financial implications of the OBBBA, including repeal of mandatory R&D capitalization, effective Q3 2025.
SEC Inquiry Concluded SEC Staff concluded revenue recognition inquiry on July 25, 2025, with no intent to recommend enforcement action.
Credit Facility Maturity Extended Extended committed revolving credit facility maturity date by one year to April 19, 2030, maintaining strong liquidity access.
Peer Comparison
Revenue (TTM)
$18.07B
RYAAY$15.94B
BAH$11.71B
Gross Margin (Latest Quarter)
NDSN54.8%
BAH53.6%
53.2%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| ITT | $14.70B | 30.4 | 18.0% | 21.4% |
| GGG | $13.63B | 27.4 | 19.6% | 1.7% |
| AVY | $13.49B | 19.6 | 31.3% | 42.6% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
+0.4%
Moderate Growth
4Q Net Income CAGR
-11.4%
Declining Profitability
Cash Flow Stability
100%
Strong Cash Flow
Research & Insights
Reports
All Years
Form 10-Q - Q2 2025
Period End: Jun 30, 2025|Filed: Aug 4, 2025|Revenue: $4.71B-14.2%|EPS: $0.17-50.0%BeatForm 10-Q - Q1 2025
Period End: Mar 31, 2025|Filed: May 6, 2025|Revenue: $3.83B-20.6%|EPS: $0.11-65.6%BeatForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Feb 28, 2025|Revenue: $19.84B-19.7%|EPS: $0.99-42.1%BeatForm 10-Q - Q3 2024
Period End: Sep 30, 2024|Filed: Nov 12, 2024|Revenue: $4.65B-22.3%|EPS: $0.24-44.2%MissForm 10-Q - Q2 2024
Period End: Jun 30, 2024|Filed: Aug 2, 2024|Revenue: $5.49B-16.4%|EPS: $0.34-35.8%MissForm 10-Q - Q1 2024
Period End: Mar 31, 2024|Filed: May 6, 2024|Revenue: $4.82B-9.8%|EPS: $0.32-11.1%BeatForm 10-K/A - FY 2023
Period End: Dec 31, 2023|Filed: Mar 19, 2024|Revenue: $24.69B+4.8%|EPS: $1.71+14.0%BeatForm 10-K - FY 2023
Period End: Dec 31, 2023|Filed: Feb 29, 2024|Refer to amended data