1.Sales and profit
See section β- 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
CNH NYSE Agricultural & Farm Machinery Financials FY2016βFY2025
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.
- Today
- 1.0%
- Previous close
- $11.25
- Market cap
- $13.8B
- P/E
- 44.6x
- Day range
-
$11.08 $11.48
- 52-week range
-
$9.22 $14.40
KIRAβs summary AI analyst
Hi! I read CNH Industrialβs latest annual report (fiscal 2025). Here is what stands out:
1 strength 3 to watch
2.Cash and shareholders
See section β- CNH Industrial returned $333M to shareholders in fiscal 2025. The diluted share count fell 0.7%.
- In the last 12 months, insiders bought $0.7M and sold $0.5M of shares on the open market.
3.Financial health
See section β- CNH Industrial owes $24.2B more than it holds in cash, about 9.6 years of operating profit.
- Its return on capital was 4.6%: every 100 invested in the business earned about 5 in a year.
4.Price and value
See section β- At $11.14 a share, the company is worth $13.8B: 44.6 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.
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.
- Having to pay for underfunded pension plans out of its operating cash.
CNH Industrial in 30 seconds
Good So-so Weak
Weak
Are sales growing?
β8.8%
No. Sales fell 8.8% last year.
So-so
Does it make a profit?
2.8%
A little. It keeps 2.8% of every sale as profit.
Weak
Is debt under control?
9.6x
Heavy. Repaying its debt would take 9.6 years of operating profit.
For information
How is the share priced?
44.6x
One share costs 44.6 times its yearly profit per share. Typical for its sector: 26.0x.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Key numbers, fiscal 2025
Market cap
Last close times the latest diluted share count, so it is approximate.
$13.8B
Oct 27 close
P/E
Last close divided by diluted earnings per share over the last four quarters.
44.6x
On $0.25 EPS (TTM)
About these figures. Debt is CNH's total debt from its balance sheet, which includes the borrowings of its financial services business that funds loans to dealers and customers. CNH reports its capital spending under its own labels, which the SEC's structured data leaves out, so capital spending and free cash flow are left blank.
Charts by
Sales and profit
Is it selling more, and how much does it keep?
Revenue and margins
KIRA summarises the numbers
-
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.
Revenue
FY16
Revenue $25.1B
FY17
Revenue $27.7B
FY18
Revenue $29.7B
FY19
Revenue $28.1B
FY20
Revenue $14.8B
FY21
Revenue $19.5B
FY22
Revenue $23.6B
FY23
Revenue $24.7B
FY24
Revenue $19.8B
FY25
Revenue $18.1B
Revenue
Q3 '23
Revenue $6.0B
Q4 '23
Revenue $6.8B
Q1 '24
Revenue $4.8B
Q2 '24
Revenue $5.5B
Q3 '24
Revenue $4.7B
Q4 '24
Revenue $4.9B
Q1 '25
Revenue $3.8B
Q2 '25
Revenue $4.7B
Q3 '25
Revenue $4.4B
Q4 '25
Revenue $5.2B
Q1 '26
Revenue $3.8B
Q2 '26
Revenue $4.8B
Margins, % of revenue
FY16
Gross 22.6%
Operating 5.8%
Net β1.1%
FCF β
FY17
Gross 22.1%
Operating 6.0%
Net 1.0%
FCF β
FY18
Gross 22.7%
Operating β
Net 3.6%
FCF β
FY19
Gross 22.3%
Operating β
Net 5.1%
FCF β
FY20
Gross 24.5%
Operating β
Net β3.3%
FCF β
FY21
Gross 27.6%
Operating β
Net 8.8%
FCF β
FY22
Gross 28.7%
Operating β
Net 8.6%
FCF β
FY23
Gross 31.8%
Operating β
Net 9.2%
FCF β
FY24
Gross 32.7%
Operating β
Net 6.3%
FCF β
FY25
Gross 31.5%
Operating β
Net 2.8%
FCF β
Gross
Operating
Net
FCF
Margins, % of revenue
Q3 '23
Gross 32.2%
Operating β
Net 9.0%
FCF β
Q4 '23
Gross 30.7%
Operating β
Net 8.6%
FCF β
Q1 '24
Gross 33.7%
Operating β
Net 7.6%
FCF β
Q2 '24
Gross 32.5%
Operating β
Net 7.3%
FCF β
Q3 '24
Gross 32.8%
Operating β
Net 6.6%
FCF β
Q4 '24
Gross 31.9%
Operating β
Net 3.6%
FCF β
Q1 '25
Gross 32.9%
Operating β
Net 3.4%
FCF β
Q2 '25
Gross 32.2%
Operating β
Net 4.5%
FCF β
Q3 '25
Gross 31.9%
Operating β
Net 1.8%
FCF β
Q4 '25
Gross 29.6%
Operating β
Net 1.7%
FCF β
Q1 '26
Gross 31.9%
Operating β
Net 0.2%
FCF β
Q2 '26
Gross 29.3%
Operating β
Net 2.9%
FCF β
Gross
Operating
Net
FCF
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Net income and earnings per share
Loss periods are shown in red.
KIRA summarises the numbers
-
CNH Industrial made $510M of net profit in fiscal 2025.
Net income
FY16
Net income β$264M
FY17
Net income $272M
FY18
Net income $1.1B
FY19
Net income $1.4B
FY20
Net income β$493M
FY21
Net income $1.7B
FY22
Net income $2.0B
FY23
Net income $2.3B
FY24
Net income $1.2B
FY25
Net income $510M
Net income
Q3 '23
Net income $537M
Q4 '23
Net income $582M
Q1 '24
Net income $368M
Q2 '24
Net income $399M
Q3 '24
Net income $306M
Q4 '24
Net income $173M
Q1 '25
Net income $131M
Q2 '25
Net income $213M
Q3 '25
Net income $80.0M
Q4 '25
Net income $86.0M
Q1 '26
Net income $7.0M
Q2 '26
Net income $138M
Diluted EPS
FY16
Diluted EPS β$0.19
FY17
Diluted EPS $0.20
FY18
Diluted EPS $0.78
FY19
Diluted EPS $1.05
FY20
Diluted EPS β$0.36
FY21
Diluted EPS $1.27
FY22
Diluted EPS $1.49
FY23
Diluted EPS $1.69
FY24
Diluted EPS $0.99
FY25
Diluted EPS $0.41
Diluted EPS
Q3 '23
Diluted EPS $0.40
Q4 '23
Diluted EPS $0.44
Q1 '24
Diluted EPS $0.29
Q2 '24
Diluted EPS $0.32
Q3 '24
Diluted EPS $0.24
Q4 '24
Diluted EPS $0.14
Q1 '25
Diluted EPS $0.10
Q2 '25
Diluted EPS $0.17
Q3 '25
Diluted EPS $0.06
Q4 '25
Diluted EPS $0.07
Q1 '26
Diluted EPS $0.01
Q2 '26
Diluted EPS $0.11
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Cash and shareholders
How much cash comes in, and where does it go?
Cash flow
Cash from operations minus capital spending.
Free cash flow
FY16
Free cash flow β
FY17
Free cash flow β
FY18
Free cash flow β
FY19
Free cash flow β
FY20
Free cash flow β
FY21
Free cash flow β
FY22
Free cash flow β
FY23
Free cash flow β
FY24
Free cash flow β
FY25
Free cash flow β
Cash from operations vs capital spending
FY16
Cash from operations $2.8B
Capital spending β
FY17
Cash from operations $2.9B
Capital spending β
FY18
Cash from operations $2.6B
Capital spending β
FY19
Cash from operations $1.8B
Capital spending β
FY20
Cash from operations $5.5B
Capital spending β
FY21
Cash from operations $4.1B
Capital spending β
FY22
Cash from operations $557M
Capital spending β
FY23
Cash from operations $907M
Capital spending β
FY24
Cash from operations $2.0B
Capital spending β
FY25
Cash from operations $2.5B
Capital spending β
Cash from operations
Capital spending
Cash from operations vs capital spending
Q3 '23
Cash from operations $232M
Capital spending β
Q4 '23
Cash from operations $1.5B
Capital spending β
Q1 '24
Cash from operations β$894M
Capital spending β
Q2 '24
Cash from operations $379M
Capital spending β
Q3 '24
Cash from operations $791M
Capital spending β
Q4 '24
Cash from operations $1.7B
Capital spending β
Q1 '25
Cash from operations $162M
Capital spending β
Q2 '25
Cash from operations $772M
Capital spending β
Q3 '25
Cash from operations $659M
Capital spending β
Q4 '25
Cash from operations $945M
Capital spending β
Q1 '26
Cash from operations $35.0M
Capital spending β
Q2 '26
Cash from operations $145M
Capital spending β
Cash from operations
Capital spending
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Dividends, buybacks and share count
KIRA summarises the numbers
-
CNH Industrial returned $333M to shareholders in fiscal 2025.
The diluted share count fell 0.7%.
Dividends and buybacks
FY16
Dividends $207M
Buybacks $0.0M
FY17
Dividends $168M
Buybacks $0.0M
FY18
Dividends $243M
Buybacks $0.0M
FY19
Dividends $283M
Buybacks $0.0M
FY20
Dividends $8.0M
Buybacks $0.0M
FY21
Dividends $188M
Buybacks $0.0M
FY22
Dividends $423M
Buybacks $0.0M
FY23
Dividends $538M
Buybacks $0.0M
FY24
Dividends $607M
Buybacks $0.0M
FY25
Dividends $333M
Buybacks $0.0M
Dividends
Buybacks
Dividends and buybacks
Q3 '23
Dividends $2.0M
Buybacks $0.0M
Q4 '23
Dividends $7.0M
Buybacks $0.0M
Q1 '24
Dividends $1.0M
Buybacks $0.0M
Q2 '24
Dividends $593M
Buybacks $0.0M
Q3 '24
Dividends $6.0M
Buybacks $0.0M
Q4 '24
Dividends $7.0M
Buybacks $0.0M
Q1 '25
Dividends $1.0M
Buybacks $0.0M
Q2 '25
Dividends $320M
Buybacks $0.0M
Q3 '25
Dividends $1.0M
Buybacks $0.0M
Q4 '25
Dividends $11.0M
Buybacks $0.0M
Q1 '26
Dividends $1.0M
Buybacks $0.0M
Q2 '26
Dividends $126M
Buybacks $0.0M
Dividends
Buybacks
Diluted shares outstanding (annual)
FY16
Diluted shares 1.36B
FY17
Diluted shares 1.37B
FY18
Diluted shares 1.36B
FY19
Diluted shares 1.35B
FY20
Diluted shares 1.35B
FY21
Diluted shares 1.36B
FY22
Diluted shares 1.36B
FY23
Diluted shares 1.35B
FY24
Diluted shares 1.26B
FY25
Diluted shares 1.25B
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
KIRA summarises the numbers
-
In the last 12 months, insiders bought $0.7M and sold $0.5M of shares on the open market.
Bought, 12 months
$0.7M
3 insiders
Sold, 12 months
$0.5M
1 insider
Of sales under plans
0%
$0.0M
| Date | Insider | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| May 4, 2026 | Francesco Vincenzo Maria TutinoChief Human Resources Officer | Sold | 48,385 | $10.13 | $0.5M | Form 4 |
| Nov 18, 2025 | Suzanne HeywoodDirector | Bought | 52,522 | $9.52 | $0.5M | Form 4 |
| Nov 12, 2025 | Howard W. BuffettDirector | Bought | 4,100 | $10.29 | $0.0M | Form 4 |
| Nov 11, 2025 | Howard W. BuffettDirector | Bought | 6,000 | $9.68 | $0.1M | Form 4 |
| Nov 11, 2025 | Vagn O SorensenDirector | Bought | 10,385 | $9.62 | $0.1M | Form 4 |
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Financial health
Can it carry its debts, and how well does it use its money?
Balance sheet
Cash, debt and the ratios that show how comfortably CNH Industrial can carry it.
KIRA summarises the numbers
-
CNH Industrial owes $24.2B more than it holds in cash, about 9.6 years of operating profit.
Cash vs debt (incl. leases)
FY16
Cash $5.0B
Debt $25.3B
FY17
Cash $5.4B
Debt $25.9B
FY18
Cash $5.0B
Debt $24.4B
FY19
Cash $4.9B
Debt $24.9B
FY20
Cash $8.8B
Debt $26.1B
FY21
Cash $5.0B
Debt $20.9B
FY22
Cash $4.4B
Debt $23.0B
FY23
Cash $4.3B
Debt $27.3B
FY24
Cash $3.2B
Debt $26.9B
FY25
Cash $2.6B
Debt $26.8B
Cash
Debt
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| 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 |
| Net debt / EBITDA | 5.7x | 5.0x | 5.2x | 6.8x | 9.6x |
| Debt / equity | 3.1x | 3.3x | 3.4x | 3.5x | 3.4x |
| Interest coverage | 4.5x | 4.7x | 3.0x | 1.9x | 1.4x |
| Total assets | $49.4B | $39.4B | $46.3B | $42.9B | $42.7B |
| Total liabilities | $42.6B | $32.4B | $38.1B | $35.2B | $34.9B |
| Shareholders' equity | $6.8B | $6.9B | $8.1B | $7.7B | $7.8B |
| Net debt (β = net cash) | $15.9B | $18.6B | $23.0B | $23.7B | $24.2B |
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
KIRA summarises the numbers
-
Its return on capital was 4.6%: every 100 invested in the business earned about 5 in a year.
Return on capital, equity and assets (annual)
FY16
Return on capital 4.6%
Return on equity β5.8%
Return on assets β0.6%
FY17
Return on capital 3.4%
Return on equity 6.4%
Return on assets 0.6%
FY18
Return on capital 6.6%
Return on equity 23.0%
Return on assets 2.3%
FY19
Return on capital 7.8%
Return on equity 25.4%
Return on assets 3.0%
FY20
Return on capital 1.6%
Return on equity β8.9%
Return on assets β1.0%
FY21
Return on capital 9.8%
Return on equity 29.2%
Return on assets 3.5%
FY22
Return on capital 10.2%
Return on equity 29.5%
Return on assets 4.6%
FY23
Return on capital 11.2%
Return on equity 30.3%
Return on assets 5.3%
FY24
Return on capital 7.5%
Return on equity 15.8%
Return on assets 2.8%
FY25
Return on capital 4.6%
Return on equity 6.6%
Return on assets 1.2%
Return on capital
Return on equity
Return on assets
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
| Test | FY23 | FY24 | FY25 |
|---|---|---|---|
| Net income is positive | β | β | β |
| Cash from operations is positive | β | β | β |
| Return on assets rose | β | β | β |
| Cash from operations exceeds net income | β | β | β |
| Debt fell relative to assets | β | β | β |
| Current ratio rose | β | β | β |
| Share count didn't rise | β | β | β |
| Gross margin rose | β | β | β |
| Revenue rose relative to assets | β | β | β |
| F-score | β / 9 | β / 9 | β / 9 |
| Accruals ratio | 3.2% | β1.6% | β4.7% |
| Altman Z'' | β | β | β |
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
Price and value
What does the share cost, and how does it compare?
Value CNH Industrial yourself
What could happen to the share if things go badly, normally or very well? Pick a story or make your own. These are examples, not forecasts or price targets.
KIRA summarises the numbers
-
At $11.14 a share, the company is worth $13.8B: 44.6 times its earnings of the last four quarters.
What if� Five stories for the next 5 years
Tap one to see how it is built. Swipe for more.
Make your own scenario
Use the P/E of:
Share in 5 years
$7.75
β7% a year
If you put in $1,000 today: $696
At 31x, earnings only need to grow 7.5% a year for the share to be worth todayβs price in 5 years. Faster, you gain; slower, you lose.
These are examples, not forecasts: nobody knows which will happen. Price in 5 years = earnings per share then Γ the P/E then. Dividends are not included.
Advanced models Discounted cash flow and a one-year earnings multiple, with every assumption to tune.
Discounted cash flow
Value per share
β
Adds net cash of β$24.2B and divides by 1,251.0M diluted shares. Ten years of cash flows plus a terminal value, discounted to today.
Earnings multiple
Value per share
β
Reference multiples: today 46.0x Β· peers 23.9x Β· sector 26.0x.
In plain words: In the long run a share tends to follow two things: how much the company earns per share, and how many times those earnings the market is willing to pay (the P/E). Move those two levers and you see what the share could be worth. Different guesses give very different answers.
Similar companies
Each companyβs latest fiscal year. Fiscal years end in different months, so periods donβt line up exactly.
KIRA summarises the numbers
-
CNH Industrial grew sales faster than 2 of its 4 similar companies.
Its P/E is higher than 3 of 3.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score | |
|---|---|---|---|---|---|---|---|---|
| CNH Industrial CNH | $13.8B | β8.8% | β | β | 4.6% | 44.6x | β | |
| AGCO AGCO | $7.4B | β13.6% | 5.9% | 7.3% | 10.4% | 14.3x | 8 | Compare β |
| Deere DE | $173.1B | β11.7% | β | 13.4% | β | 35.5x | β | Compare β |
| Toro TTC | $10.0B | β1.6% | 9.1% | 12.8% | 15.9% | 27.9x | 6 | Compare β |
| Lindsay LNN | $1.1B | β6.0% | 10.5% | 5.5% | 11.9% | β | 5 | Compare β |
In plain words: The same numbers for similar companies, so you can tell whether a figure is high or low for this kind of business.
All figures
Every number, year by year.
10 years of figures
Amounts in USD. Hover a ratioβs name for its definition.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $25.1B | $27.7B | $29.7B | $28.1B | $14.8B | $19.5B | $23.6B | $24.7B | $19.8B | $18.1B |
| Gross profit | $5.7B | $6.1B | $6.7B | $6.2B | $3.6B | $5.4B | $6.8B | $7.8B | $6.5B | $5.7B |
| Research and development | $860M | $957M | $1.1B | $1.0B | $493M | $642M | $866M | $1.0B | $924M | $1.0B |
| Operating income | $1.5B | $1.7B | β | β | β | β | β | β | β | β |
| Interest expense | $1.0B | $940M | $812M | $798M | $660M | $549M | $734M | $1.3B | $1.6B | $1.5B |
| Pretax income | β$22.0M | $659M | $1.5B | $1.2B | β$179M | $1.9B | $2.7B | $2.7B | $1.5B | $620M |
| Income tax | $297M | $457M | $417M | β$271M | $85.0M | $229M | $747M | $594M | $336M | $184M |
| Net income | β$264M | $272M | $1.1B | $1.4B | β$493M | $1.7B | $2.0B | $2.3B | $1.2B | $510M |
| Diluted EPS | β$0.19 | $0.20 | $0.78 | $1.05 | β$0.36 | $1.27 | $1.49 | $1.69 | $0.99 | $0.41 |
| Diluted shares | 1.36B | 1.37B | 1.36B | 1.35B | 1.35B | 1.36B | 1.36B | 1.35B | 1.26B | 1.25B |
| Cash flow | ||||||||||
| Cash from operations | $2.8B | $2.9B | $2.6B | $1.8B | $5.5B | $4.1B | $557M | $907M | $2.0B | $2.5B |
| Depreciation and amortization | $716M | $725M | $703M | $660M | $299M | $295M | $328M | $377M | $417M | $432M |
| Stock-based compensation | $3.0M | $19.0M | $35.0M | $33.0M | $30.0M | $90.0M | $87.0M | $99.0M | $71.0M | $45.0M |
| Acquisitions | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Share buybacks | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Dividends paid | $207M | $168M | $243M | $283M | $8.0M | $188M | $423M | $538M | $607M | $333M |
| Dividends and buybacks | $207M | $168M | $243M | $283M | $8.0M | $188M | $423M | $538M | $607M | $333M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $5.0B | $5.4B | $5.0B | $4.9B | $8.8B | $5.0B | $4.4B | $4.3B | $3.2B | $2.6B |
| Total debt | $25.3B | $25.9B | $24.4B | $24.9B | $26.1B | $20.9B | $23.0B | $27.3B | $26.9B | $26.8B |
| Finance lease liabilities | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Inventory | $5.6B | $6.5B | $6.7B | $7.1B | $6.0B | $4.2B | $4.8B | $5.5B | $4.8B | $4.7B |
| Property and equipment, net | $6.4B | $6.8B | $5.9B | $5.3B | $4.9B | $1.5B | $1.5B | $1.9B | $1.9B | $2.2B |
| Total assets | $45.5B | $48.3B | $46.1B | $47.4B | $48.7B | $49.4B | $39.4B | $46.3B | $42.9B | $42.7B |
| Total liabilities | $41.1B | $44.0B | $41.0B | $41.2B | $43.7B | $42.6B | $32.4B | $38.1B | $35.2B | $34.9B |
| Shareholders' equity | $4.3B | $4.2B | $5.1B | $6.1B | $5.0B | $6.8B | $6.9B | $8.1B | $7.7B | $7.8B |
| Margins | ||||||||||
| Gross margin | 22.6% | 22.1% | 22.7% | 22.3% | 24.5% | 27.6% | 28.7% | 31.8% | 32.7% | 31.5% |
| Operating margin | 5.8% | 6.0% | β | β | β | β | β | β | β | β |
| EBITDA margin | 8.6% | 8.6% | 10.0% | 9.4% | 5.3% | 14.3% | 15.9% | 17.9% | 17.5% | 13.9% |
| Net margin | β1.1% | 1.0% | 3.6% | 5.1% | β3.3% | 8.8% | 8.6% | 9.2% | 6.3% | 2.8% |
| Returns | ||||||||||
| Return on capital | 4.6% | 3.4% | 6.6% | 7.8% | 1.6% | 9.8% | 10.2% | 11.2% | 7.5% | 4.6% |
| Return on equity | β5.8% | 6.4% | 23.0% | 25.4% | β8.9% | 29.2% | 29.5% | 30.3% | 15.8% | 6.6% |
| Return on assets | β0.6% | 0.6% | 2.3% | 3.0% | β1.0% | 3.5% | 4.6% | 5.3% | 2.8% | 1.2% |
| Growth | ||||||||||
| Revenue growth | β3.2% | 10.4% | 7.2% | β5.5% | β47.4% | 31.9% | 20.8% | 4.8% | β19.7% | β8.8% |
| Net income growth | β204.4% | β | 292.7% | 33.2% | β134.7% | β | 17.8% | 12.1% | β45.2% | β59.1% |
| EPS growth | β200.0% | β | 290.0% | 34.6% | β134.3% | β | 17.3% | 13.4% | β41.4% | β58.6% |
| Share count change | β0.1% | 0.4% | β0.4% | β0.5% | β0.2% | 0.7% | 0.1% | β0.9% | β6.7% | β0.7% |
| Financial health | ||||||||||
| Net debt / EBITDA | 9.4x | 8.6x | 6.5x | 7.6x | 22.1x | 5.7x | 5.0x | 5.2x | 6.8x | 9.6x |
| Debt / equity | 5.9x | 6.1x | 4.8x | 4.1x | 5.2x | 3.1x | 3.3x | 3.4x | 3.5x | 3.4x |
| Interest coverage | 1.4x | 1.8x | 2.8x | 2.5x | 0.7x | 4.5x | 4.7x | 3.0x | 1.9x | 1.4x |
| Capital allocation | ||||||||||
| Stock comp / revenue | 0.0% | 0.1% | 0.1% | 0.1% | 0.2% | 0.5% | 0.4% | 0.4% | 0.4% | 0.3% |
| Quality scores | ||||||||||
| Accruals ratio | β6.6% | β5.5% | β3.2% | β0.9% | β12.5% | β4.8% | 3.3% | 3.2% | β1.6% | β4.7% |
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
Source: SEC EDGAR XBRL filings (CIK 0001567094). Data updated October 23, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.