CNH Industrial
CNH NYSE· Agricultural & Farm Machinery
Last close · Oct 26, 2026
$11.25
KIRA · Stoqly’s AI analyst, in plain words
- CNH Industrial had $18.1B of revenue in fiscal 2025, down 8.8% on the year before. Over five years, revenue changed +4.1% a year on average.
- CNH Industrial made $510M of net profit in fiscal 2025.
- CNH Industrial returned $333M to shareholders in fiscal 2025. The diluted share count fell 0.7%.
- CNH Industrial owes $24.2B more than it holds in cash, about 9.6 years of operating profit.
Market cap
$14.0B
P/E
45.0x
Revenue
$18.1B
Net income
$510M
Free cash flow
—
Operating margin
—
CNH Industrial in 30 seconds · fiscal 2025
Are sales growing?
−8.8%
No. Sales fell 8.8% last year.
Does it make a profit?
2.8%
A little. It keeps 2.8% of every sale as profit.
Is debt under control?
9.6x
Heavy. Repaying its debt would take 9.6 years of operating profit.
How is the share priced?
45.0x
One share costs 45.0 times its yearly profit per share. Typical for its sector: 26.0x.
What CNH Industrial does
CNH makes and sells farm equipment and construction equipment, and finances its customers' purchases. Its farm products include tractors, harvesters, hay and forage equipment, planting equipment and sprayers, sold mainly under the Case IH and New Holland brands. Its construction products include excavators, loaders, graders, dozers and compact machines, sold mainly under the CASE and New Holland Construction brands. Customers include farmers, contractors, rental companies and local governments. CNH has three segments: Agriculture, Construction and Financial Services. The financial arm lends to buyers of new and used equipment and finances dealers' stock of machines. Sales to farmers depend on things like farm income, government subsidy programs, weather and the price of used equipment. Sales of construction equipment follow building activity and government spending on roads and other projects. It has operations in 32 countries and sells in about 166.
Biggest risks, in its own words
- Problems with acquisitions, joint ventures or partners that could hurt its product lines.
- Falling behind rivals in technology, including AI-enabled farm and construction equipment.
- Cyberattacks or computer system failures that disrupt operations and expose data.
- Currency devaluations that reduce the value of money it holds in other countries.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 26, 2026
- Legal name
- CNH INDUSTRIAL N.V.
- CIK
- 0001567094
CNH Industrial · CNH
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $19.5B | $23.6B | $24.7B | $19.8B | $18.1B |
| Revenue growth | 31.9% | 20.8% | 4.8% | −19.7% | −8.8% |
| Gross margin | 27.6% | 28.7% | 31.8% | 32.7% | 31.5% |
| Net income | $1.7B | $2.0B | $2.3B | $1.2B | $510M |
| Net margin | 8.8% | 8.6% | 9.2% | 6.3% | 2.8% |
| Diluted EPS | $1.27 | $1.49 | $1.69 | $0.99 | $0.41 |
| Cash | |||||
| Cash from operations | $4.1B | $557M | $907M | $2.0B | $2.5B |
| Dividends paid | $188M | $423M | $538M | $607M | $333M |
| Share buybacks | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Share count change | 0.7% | 0.1% | −0.9% | −6.7% | −0.7% |
| Debt and strength | |||||
| Cash and short-term investments | $5.0B | $4.4B | $4.3B | $3.2B | $2.6B |
| Debt incl. finance leases | $20.9B | $23.0B | $27.3B | $26.9B | $26.8B |
| Shareholders' equity | $6.8B | $6.9B | $8.1B | $7.7B | $7.8B |
| Net debt / EBITDA | 5.7x | 5.0x | 5.2x | 6.8x | 9.6x |
| Interest coverage | 4.5x | 4.7x | 3.0x | 1.9x | 1.4x |
| Returns and quality | |||||
| Return on capital | 9.8% | 10.2% | 11.2% | 7.5% | 4.6% |
| Return on equity | 29.2% | 29.5% | 30.3% | 15.8% | 6.6% |
Insiders bought, 12 months
$0.7M
3 insiders
Insiders sold, 12 months
$0.5M
1 insider
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
CNH Industrial · CNH
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| CNH Industrial CNH | $14.0B | −8.8% | — | — | 4.6% | 45.0x | — |
| AGCO AGCO | $7.4B | −13.6% | 5.9% | 7.3% | 10.4% | 14.4x | 8 |
| Deere DE | $173.6B | −11.7% | — | 13.4% | — | 35.6x | — |
| Toro TTC | $10.1B | −1.6% | 9.1% | 12.8% | 15.9% | 28.1x | 6 |
| Lindsay LNN | $1.1B | −6.0% | 10.5% | 5.5% | 11.9% | — | 5 |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $11.25 a share, the company is worth $14.0B: 45.0 times its earnings of the last four quarters.
CNH Industrial grew sales faster than 2 of its 4 similar companies. Its P/E is higher than 3 of 3.
Source: SEC EDGAR XBRL filings (CIK 0001567094). Data updated October 23, 2026. For information only — not investment advice. Check the original filings before relying on any figure.