CNH
CNH Industrial N.V.
NYSE: CNH · INDUSTRIALS · FARM & HEAVY CONSTRUCTION MACHINERY
$10.08
+0.40% today
Updated 2026-04-29
Market cap
$12.51B
P/E ratio
24.59
P/S ratio
0.69x
EPS (TTM)
$0.41
Dividend yield
1.00%
52W range
$9 – $14
Volume
16.1M
CNH Industrial N.V. (CNH) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.00B | $15.96B | $18.48B | $13.76B | $15.61B | $19.18B | $32.80B | $33.84B | $32.55B | $25.91B | $25.09B | $27.70B | $29.71B | $28.08B | $14.78B | $19.49B | $23.55B | $24.69B | $19.84B | $18.09B |
| Revenue growth (YoY) | — | +22.8% | +15.7% | -25.5% | +13.4% | +22.9% | +71.0% | +3.2% | -3.8% | -20.4% | -3.2% | +10.4% | +7.3% | -5.5% | -47.4% | +31.9% | +20.8% | +4.8% | -19.7% | -8.8% |
| Cost of revenue | $9.93B | $12.15B | $14.05B | $10.86B | $12.01B | $14.74B | $25.57B | $26.55B | $26.81B | $20.36B | $19.78B | $21.83B | $23.23B | $21.76B | $11.15B | $14.10B | $16.58B | $16.84B | $13.35B | $12.39B |
| Gross profit | $3.06B | $3.81B | $4.42B | $2.90B | $3.60B | $4.45B | $7.23B | $7.29B | $5.75B | $5.55B | $5.04B | $5.87B | $6.48B | $6.32B | $3.63B | $5.40B | $6.97B | $7.85B | $6.49B | $5.71B |
| Gross margin | 23.6% | 23.9% | 23.9% | 21.1% | 23.0% | 23.2% | 22.0% | 21.5% | 17.7% | 21.4% | 20.1% | 21.2% | 21.8% | 22.5% | 24.5% | 27.7% | 29.6% | 31.8% | 32.7% | 31.5% |
| R&D | $367.00M | $409.00M | $422.00M | $398.00M | $451.00M | $526.00M | $1.13B | $1.22B | $1.11B | $856.00M | $860.00M | $957.00M | $1.06B | $1.03B | $493.00M | $642.00M | $866.00M | $1.04B | $924.00M | $1.02B |
| SG&A | — | — | — | — | — | — | — | — | — | — | — | — | — | — | $1.30B | $1.45B | $1.75B | $1.86B | $1.71B | $1.88B |
| Operating income | $1.45B | $1.97B | $2.30B | $1.01B | $1.45B | $2.08B | $3.07B | $2.86B | $2.85B | $2.38B | $1.92B | $2.90B | $3.33B | $3.32B | $1.84B | $3.30B | $4.36B | $4.95B | $3.85B | $2.81B |
| Operating margin | 11.2% | 12.3% | 12.5% | 7.4% | 9.3% | 10.8% | 9.4% | 8.4% | 8.7% | 9.2% | 7.6% | 10.5% | 11.2% | 11.8% | 12.4% | 16.9% | 18.5% | 20.0% | 19.4% | 15.5% |
| EBITDA | $1.77B | $2.34B | $2.68B | $1.41B | $1.86B | $2.50B | $4.11B | $3.96B | $3.99B | $3.53B | $2.28B | $4.25B | $4.67B | $3.18B | $1.02B | $2.98B | $3.88B | $4.61B | $3.67B | $2.80B |
| EBITDA margin | 13.6% | 14.6% | 14.5% | 10.2% | 11.9% | 13.0% | 12.5% | 11.7% | 12.2% | 13.6% | 9.1% | 15.3% | 15.7% | 11.3% | 6.9% | 15.3% | 16.5% | 18.7% | 18.5% | 15.5% |
| EBIT | $1.45B | $1.97B | $2.30B | $1.01B | $1.45B | $2.08B | $3.07B | $2.86B | $2.85B | $2.38B | $1.01B | $2.90B | $3.33B | $1.96B | $481.00M | $2.44B | $3.34B | $4.05B | $3.07B | $2.17B |
| Interest expense | $578.00M | $701.00M | $765.00M | $671.00M | $830.00M | $786.00M | $1.21B | $1.21B | $1.31B | $1.10B | $1.02B | $884.00M | $812.00M | $798.00M | $660.00M | $549.00M | $734.00M | $1.34B | $1.61B | $1.48B |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $292.00M | $559.00M | $825.00M | $-190.00M | $452.00M | $939.00M | $756.00M | $677.00M | $710.00M | $253.00M | $-252.00M | $272.00M | $1.07B | $1.42B | $-493.00M | $1.72B | $2.03B | $2.27B | $1.25B | $510.00M |
| Net income growth (YoY) | — | +91.4% | +47.6% | -123.0% | +337.9% | +107.7% | -19.5% | -10.4% | +4.9% | -64.4% | -199.6% | +207.9% | +292.6% | +33.1% | -134.7% | +449.5% | +17.8% | +12.1% | -45.2% | -59.1% |
| Profit margin | 2.2% | 3.5% | 4.5% | -1.4% | 2.9% | 4.9% | 2.3% | 2.0% | 2.2% | 1.0% | -1.0% | 1.0% | 3.6% | 5.1% | -3.3% | 8.8% | 8.6% | 9.2% | 6.3% | 2.8% |