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CNH Industrial N.V.

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
Cranes Farm Road, Basildon, SS14 3AD, United Kingdom
44-20-7925-1964
www.cnh.com
Market Cap
$12.54B
P/E (TTM)
21.0
29
Dividend Yield
2.5%
52W High
$14.27
52W Low
$9.00
52W Range
20%
Rank53Top 63.7%
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: 2017-2025

Financial Dashboard

Q3 2025 Data

Revenue

$4.40B-5.48%
4-Quarter Trend

EPS

$0.06-75.00%
4-Quarter Trend

FCF

$845.00M+69.00%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

9M Net Income Plunge Net income attributable $424M, down 60.5% versus $1,073M last year; Industrial Adjusted EBIT margin fell to 3.9%.
Industrial Sales Decline Industrial Net Sales $10.9B for nine months, down 15.7% due to lower shipments and channel destocking pressures.
Construction Sales Growth Construction Net Sales increased 7.6% in the third quarter to $739M, driven by strong North America and EMEA volume.
Financial Services Revenue Up Financial Services revenue grew 3.8% in the third quarter to $684M, supported by higher yields in the Brazilian market.

Risk Factors

Profitability Significantly Lower Third quarter net income $80M versus $310M prior year; overall results impacted by $49M IPR&D impairment charge.
Rising Credit Deterioration Retail financing receivables delinquency rate increased to 3.5% as of September 30, 2025, mainly due to Brazil issues.
Inventory Control Weakness Material weakness identified in internal control over raw material and WIP inventory existence and completeness.
Global Economic Uncertainty Geopolitical events, trade disruptions, and inflation expected to persist, affecting customer profitability and demand through 2025.

Outlook

Inventory Control Remediation Remediation plan ongoing, including engaging consultants and planning full physical inventory counts in Q4 2025.
Adequate Liquidity Position Available liquidity totaled $8,992M at period end; management believes cash flows fund known needs adequately.
Tax Legislation Assessment Company assessed OECD Pillar Two minimum tax; expects no material financial impact during the 2025 fiscal year.
Financing Portfolio Monitoring Retail loan originations down 3.8% for nine months; management continues monitoring Brazilian delinquency trends closely.

Peer Comparison

Revenue (TTM)

CNH Industrial N.V.CNH
$17.81B
-18.1%
Ryanair Holdings plcRYAAY
$16.64B
+11.2%
Booz Allen Hamilton Holding CorporationBAH
$11.71B
+2.4%

Gross Margin (Latest Quarter)

Nordson CorporationNDSN
56.3%
+2.2pp
Booz Allen Hamilton Holding CorporationBAH
53.6%
-3.1pp
Graco Inc.GGG
53.2%
+0.0pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
RYAAY$15.12B13.529.9%9.0%
AVY$14.07B20.431.3%42.6%
NDSN$14.07B29.216.3%35.4%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-3.4%
Flat Growth
4Q Net Income CAGR
-22.7%
Declining Profitability
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Feb 3, 2026
|
EPS:$0.11
|
Revenue:$4.91B
Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Nov 7, 2025|
    Revenue: $4.40B-5.5%
    |
    EPS: $0.06-75.0%
    Miss
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Aug 4, 2025|
    Revenue: $4.71B-14.2%
    |
    EPS: $0.17-50.0%
    Beat
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 6, 2025|
    Revenue: $3.83B-20.6%
    |
    EPS: $0.11-65.6%
    Beat
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 28, 2025|
    Revenue: $19.84B-19.7%
    |
    EPS: $0.99-42.1%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Nov 12, 2024|
    Revenue: $4.65B-22.3%
    |
    EPS: $0.24-44.2%
    Miss
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Aug 2, 2024|
    Revenue: $5.49B-16.4%
    |
    EPS: $0.34-35.8%
    Miss
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 6, 2024|
    Revenue: $4.82B-9.8%
    |
    EPS: $0.32-11.1%
    Beat
  • Form 10-K/A - FY 2023

    Period End: Dec 31, 2023|Filed: Mar 19, 2024|
    Revenue: $24.69B+4.8%
    |
    EPS: $1.71+14.0%
    Beat