CNH

MKT CAP:$13B

CNH Industrial N.V.

Market Cap

$13B

Industrials·Agricultural - Machinery·🇬🇧 United Kingdom·NYSE

Industrials·Agricultural·🇬🇧·NYSE

Stock Price

$10.84+$1.49 (+15.94%)

Apr 20, 2026

Company Details

CNH Industrial is a global manufacturer of heavy machinery, with a range of products including agricultural and construction equipment. One of its most recognizable brands, Case IH, has served farmers for generations. The company's products...

CEO

Gerrit Andreas Marx

IPO Date

Nov 1, 1996

Website

www.cnhindustrial.com

Key Metrics TTM

Revenue

$23.7B

— YoY

Net Income

$1.7B

EPS (Diluted)

$1.26

Free Cash Flow

$1.6B

Revenue / Share

$19.01

Gross Margin

33.0%

Operating Margin

19.7%

Net Margin

7.0%

FCF Margin

6.7%

P/S

0.5x

P/E

7.7x

Earnings Reports

Q1 2026

May 7, 2026

PENDING

FY 2025

Feb 26, 2026

$18.1BEPS $0.41

Q4 2025

Feb 26, 2026

$5.2BEPS $0.07

Q1 2024

May 6, 2024

$4.8BEPS $0.29

Q4 2023

Feb 29, 2024

$6.8B-2.2%EPS $0.46

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 16	$5.4B	$873M	$213M
Q3 16	$5.7B	$1.2B	$455M
Q4 22	$6.9B	$2.0B	$1.2B
Q4 23	$6.8B	$2.1B	$1.3B
Q1 24	$4.8B	$1.6B	$984M
Q4 25	$5.2B	$2.2B	$1.2B

Valuation

Quarter	P/S	P/E
Q1 16	—	—
Q3 16	—	—
Q4 22	—	—
Q4 23	0.6x	21.1x
Q1 24	0.7x	9.9x
Q4 25	0.5x	7.1x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 16	-$9M	-$390M
Q3 16	$642M	$102M
Q4 22	$1.4B	$1.1B
Q4 23	$1.5B	$1.1B
Q1 24	-$894M	-$1.1B
Q4 25	$945M	$533M

Capital Expenditures

Quarter	CapEx
Q1 16	$381M
Q3 16	$540M
Q4 22	$386M
Q4 23	$410M
Q1 24	$202M
Q4 25	$412M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 24	-10.3%	-25.7%
Q4 25	-10.3%	-24.9%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 16	$0	0.0%
Q3 16	$0	0.0%
Q4 22	$0	0.0%
Q4 23	$0	0.0%
Q1 24	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	R&D	SG&A
Q1 16	$183M	$477M
Q3 16	$211M	$546M
Q4 22	$257M	$528M
Q4 23	$275M	$478M
Q1 24	$228M	$411M
Q4 25	$342M	$463M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$3.2B	$0	$3.2B
Q2 22	$2.9B	$0	$2.9B
Q3 22	$3.2B	$0	$3.2B
Q4 22	$4.4B	$0	$4.4B
Q1 23	$3.2B	$0	$3.2B
Q2 23	$3.2B	$0	$3.2B
Q3 23	$3.0B	$0	$3.0B
Q4 23	$4.3B	$0	$4.3B
Q1 24	$3.2B	$0	$3.2B
Q2 24	$2.0B	$0	$2.0B
Q3 24	$1.8B	$0	$1.8B
Q4 24	$3.2B	$0	$3.2B
Q1 25	$1.7B	$0	$1.7B
Q2 25	$2.5B	$0	$2.5B
Q3 25	$2.3B	$0	$2.3B
Q4 25	$3.2B	$0	$3.2B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 16	1.36B	—	—
Q3 16	1.36B	+0.1%	—
Q4 22	1.36B	-0.2%	—
Q4 23	1.33B	-2.0%	—
Q1 24	1.27B	-4.5%	-6.5%
Q4 25	1.25B	-2.1%	-8.6%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 16	$895.3K	6K
Q3 16	$958.2K	6K
Q4 22	$173.3K	40K
Q4 23	$168.9K	40K
Q1 24	$119.8K	40K
Q4 25	$150.8K	34K

Revenue / Employee