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CNH Industrial N.V. (CNH) stock

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NYSE: CNH NYSE Agricultural & Farm Machinery Next results ~November 9, 2026

C+ Fundamentals grade

CNH Industrial N.V. is a US-listed company in the agricultural & farm machinery industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$17

Valuation models combined (3)

Base case. Range ~$12–$21. Weighted average of 3 models (forward price-to-earnings vs peers, residual income, justified price-to-book).

Price vs value

No Buy/Hold/Sell rating is issued: valued with our growth model, which doesn't carry a Buy/Hold/Sell rating yet.

CNH Industrial N.V. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders3 buying, 1 selling4 purchases and 1 sale by directors and officers, last 12 monthsInsider trades
  • Funds257 adding, 278 cuttingOf 61 active managers that changed their stake, 28 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter CNH Industrial files

Where CNH Industrial N.v. stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $18.2bn, up 0.6% on a year earlier, faster than -4.0% a quarter earlier. That puts it 803 of 931 for growth among all the companies we cover. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. Our valuation models combined value is $18.19 a share, against a share price of $11.57.

Source: 10-Q filed August 3, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 9, 2026 (estimated)

Where it stands out: change in growth rate of +4.6pp ranks 1 of 7 agricultural & farm machinery companies we cover. Where it lags: revenue growth of 0.6% ranks 6 of 7 agricultural & farm machinery companies we cover.

Current signal Revenue growth accelerating: TTM revenue growth rose to 0.6% (+4.6pp vs the prior quarter).

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Growth speeding up. The growth rate is 4.6 points higher than a quarter earlier.
  • Net cash. Cash exceeds long-term debt by $1.9bn.

Things to watch

  • Results due soon. Results are expected around 6 November; the share price can move sharply on the day.
  • High earnings multiple. The shares trade at 47 times the last 12 months' earnings, so expectations are demanding.
  • Below peers: revenue growth. Revenue growth of 0.6% ranks 6 of 7 agricultural & farm machinery companies we cover (median 4.1%).
  • Below peers: net margin. Net margin of 1.7% ranks 6 of 7 agricultural & farm machinery companies we cover (median 6.1%).
  • Estimates being cut. Analysts' consensus for next year's earnings per share has fallen 6.1% over 90 days.

Latest results: FY2026 Q2

Filed August 3, 2026
Earnings per share
$0.13 against an average estimate of $0.11: beat by 22.4%
Revenue
$4.80bn, up 2.0% on a year earlier
Share reaction
+9.5% in the first session after the results on August 3, 2026, against +3.3% for the S&P 500
Guidance given
agriculture segment adjusted EBIT margin 5% to 5.5% (2026); construction segment net sales growth 5% to 10% (2026)
Next report
November 9, 2026; average EPS estimate $0.10

CNH Industrial's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+0.4%
  • 1 week+5.0%
  • 1 month-12.3%
  • This year+29.3%
  • 1 year+13.7%
  • 5 years-14.7%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$18.2B
Net margin
1.7%
EPS (TTM, diluted)
$0.25

Growth

Revenue growth
+0.6%
Change in growth rate
+4.6 pts
Share count change
−0.6%

Earnings

Last results
August 3, 2026
Next results (est.)
November 6, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Announcement
  3. Financing
  4. Announcement
  5. Product
  6. Announcement
  7. Results
  8. Guidance
  9. Announcement
  10. Leadership
  11. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

CNH Industrial N.V. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: valued with our growth model, which doesn't carry a Buy/Hold/Sell rating yet.

Valuation models

We value CNH Industrial N.V. as an operating company, with every model that fits that kind of business. Cost of equity 8.6%: the 10-year Treasury yield (4.9%) plus a beta of 0.82 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts. — Does not apply: the projected cash flows don't support a positive value
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$12 ~$11–$14 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$21 ~$15–$30 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$19 ~$16–$23 Included
Forward price-to-sales vs peers Next year's consensus sales per share times peers' typical forward price-to-sales; only when earnings are negative. Uses analysts' consensus estimates (third-party data), not our forecasts. — Does not apply: earnings are positive: price-to-earnings is the better measure
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. — Does not apply: revenue and margins don't support a positive value
Combined value Weighted average of the models that apply: the primary model (growth cash-flow model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$17 ~$12–$21 3 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare CNH Industrial N.V. with Agricultural & Farm Machinery in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$4.93$6.39$9.97$6.95$8.45$9.87$15.06$14.58$11.37$11.02$9.13$11.81
Market value$6.7bn$8.7bn$13.6bn$9.5bn$11.4bn$13.3bn$20.5bn$19.9bn$15.4bn$13.9bn$11.4bn$14.7bn
+ Net debt (− = net cash)$20.9bn$20.3bn$20.5bn$19.4bn$20.0bn$17.3bn$15.9bn$18.6bn$23.0bn$23.7bn$24.2bn$24.1bn
Enterprise value$27.6bn$29.0bn$34.1bn$28.9bn$31.4bn$30.6bn$36.3bn$38.4bn$38.4bn$37.6bn$35.6bn$38.8bn
Multiples
Price / sales 0.3x0.3x0.5x0.3x0.4x0.9x1.1x0.8x0.6x0.7x0.6x0.8x
Price / earnings 26.6x—50.1x8.9x8.1x—11.9x9.8x6.7x11.1x22.4x47.3x
Price / free cash flow 24.1x13.7x4.8x3.7x6.3x2.4x5.0x35.6x16.9x7.1x4.5x8.2x
EV / EBITDA 9.9x13.4x14.3x—————————

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

37 /100

Weak moat

How hard CNH Industrial's competitive advantage looks for rivals to wear away, judged from 7 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median 1.7% of total assets over 6 years.

  • Pricing power 10 / 20

    Gross margin has been a median 30.5%, moving by 3.4 percentage points (standard deviation) across 6 years.

  • Durability 0 / 20

    Net margin has been a median 4.6%; its worst year was -1.1%.

  • Discipline 20 / 20

    The diluted share count fell 8.4% over five years; stock-based pay has been a median 0.2% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 9, 2026, before the open. Analysts expect revenue of $4.5bn and EPS of $0.10 (range $0.07 to $0.15) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $0.45 −18% $18.3bn +1%
Next $0.69 +53% $19.1bn +5%

Next year's EPS estimate has moved −6.1% in 90 days, across 16 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +9.1% on 90 days ago. In the last 30 days, 0 analysts raised CNH Industrial N.V.'s forecast and 1 cut it.

Consensus EPS forecast CNH Industrial N.V., last 90 days
$0.40 $0.50 $0.60 $0.70 $0.80 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $0.41 Current fiscal year, 60 days ago: $0.45 Current fiscal year, 30 days ago: $0.45 Current fiscal year, 7 days ago: $0.45 Current fiscal year, Now: $0.45 $0.45 Next fiscal year, 90 days ago: $0.73 Next fiscal year, 60 days ago: $0.69 Next fiscal year, 30 days ago: $0.69 Next fiscal year, 7 days ago: $0.69 Next fiscal year, Now: $0.69 $0.69

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $0.41$0.73
60 days ago $0.45$0.69
30 days ago $0.45$0.69
7 days ago $0.45$0.69
Now $0.45$0.69

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.11 $0.13 +22.4%
Mar 2026 $0.00 $0.01 +190.7%
Dec 2025 $0.11 $0.19 +74.7%
Sept 2025 $0.14 $0.08 −41.5%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 3, 2026
  • Adjusted diluted EPS 2026 $0.41 to $0.46 Non-GAAP Narrowed
    “Adjusted diluted EPS (3) between $0.41 to $0.46” source
  • Agriculture segment adjusted EBIT margin 2026 5% to 5.5% Non-GAAP Narrowed
    “Agriculture segment adjusted EBIT margin between 5.0% and 5.5%” source
  • Construction segment adjusted EBIT margin 2026 1.8% to 2.3% Non-GAAP Narrowed
    “Construction segment adjusted EBIT margin between 1.8% and 2.3%” source
  • Construction segment net sales 2026 5% growth to 10% growth Narrowed
    “Construction segment net sales up between 5% to 10% year-over-year, including +2% currency translation effects” source
  • Free Cash Flow of Industrial Activities 2026 $200m to $400m Non-GAAP Narrowed
    “Free Cash Flow of Industrial Activities (3) between $200 million and $400 million” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Analyst recommendations

18 analysts, Oct 2026
Buy1267%
Hold528%
Sell16%

Monthly trend

  1. Oct 202639518
  2. Sep 202639518
  3. Aug 202638618
  4. Jul 202637819

Counts of recommendations published by analysts covering CNH Industrial N.V., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
5.5%
of tradable shares
Days to cover
3.05
at average volume
Short interest, 1 month
−8%
to October 15, 2026
Held by institutions
78%
of shares
Held by insiders
29.9%
of shares
Employees
34,197
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +13.7%

$10.39 on October 31, 2025 to $11.81

ThenNowEffect
Revenue (last 12 months) $18.1bn $18.2bn +0.6%
Net margin 4.6% 1.7% −62.5%
P/E multiple 15.8x 47.3x +199.1%
Share count 1253m 1246m +0.6%

Biggest factor: p/e multiple.

Last 3 years +9.2%

$10.81 on November 3, 2023 to $11.81

ThenNowEffect
Revenue (last 12 months) $24.7bn $18.2bn −26.5%
Net margin 9.4% 1.7% −81.9%
P/E multiple 6.3x 47.3x +651.6%
Share count 1360m 1246m +9.2%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
CNH+53%−3%−22%−3%−17%+29%
Industry peers (median)+19%+15%−6%−11%+8%+10%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
CNH58%50%25%42%25%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
CNH−17%−35%−44%−25%−33%−24%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 66% from February 1, 2018 to March 23, 2020. Getting back needed a 193% gain, reached on February 19, 2021, 333 days after the low.

Price behaviour

52-week range
$9.13 – $14.40
From 52-week high
−18.0%
vs 50-day average
−5.9%
vs 200-day average
+4.7%
Volatility (1 year)
43%
Beta vs S&P 500
1.02

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±4.6%
After a week
5 up, 7 down
typical move ±4.5%
After a month
5 up, 7 down
typical move ±7.8%
Results releasedNext dayS&P 500 next day5 days21 days
August 3, 2026 +9.5% +3.3% +2.2% +22.0%
April 30, 2026 +4.0% +1.3% +7.5% −1.3%
February 17, 2026 −0.6% +0.7% 0.0% −20.6%
November 7, 2025 −6.1% +1.7% −2.0% −8.8%
August 1, 2025 −3.3% −0.1% −4.1% −13.6%
May 1, 2025 +7.2% +2.2% +9.0% +9.2%
February 4, 2025 +0.1% +1.1% −2.2% +1.2%
November 8, 2024 −7.8% +0.5% −6.3% +3.7%
July 31, 2024 −0.9% +0.2% −5.9% −0.6%
May 2, 2024 +1.3% +2.2% +4.2% −4.5%
February 14, 2024 +4.5% +1.6% +0.9% +4.4%
November 7, 2023 −9.6% +0.4% −10.1% −3.7%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Fundamentals

Revenue (TTM) CNH Industrial N.V.
$16B $18B $20B $22B $24B $26B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $24.8B Revenue (TTM), FY23 Q4: $24.7B Revenue (TTM), FY24 Q1: $24.2B Revenue (TTM), FY24 Q2: $23.1B Revenue (TTM), FY24 Q3: $21.8B Revenue (TTM), FY24 Q4: $19.8B Revenue (TTM), FY25 Q1: $18.8B Revenue (TTM), FY25 Q2: $18.1B Revenue (TTM), FY25 Q3: $17.8B Revenue (TTM), FY25 Q4: $18.1B Revenue (TTM), FY26 Q1: $18.1B Revenue (TTM), FY26 Q2: $18.2B $18.2B

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $24.8B
FY23 Q4 $24.7B
FY24 Q1 $24.2B
FY24 Q2 $23.1B
FY24 Q3 $21.8B
FY24 Q4 $19.8B
FY25 Q1 $18.8B
FY25 Q2 $18.1B
FY25 Q3 $17.8B
FY25 Q4 $18.1B
FY26 Q1 $18.1B
FY26 Q2 $18.2B
Revenue growth, TTM YoY CNH Industrial N.V.
-30% -20% -10% 0% 10% 20% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 12.5% Revenue growth, TTM YoY, FY23 Q4: 4.8% Revenue growth, TTM YoY, FY24 Q1: -0.4% Revenue growth, TTM YoY, FY24 Q2: -6.7% Revenue growth, TTM YoY, FY24 Q3: -12.4% Revenue growth, TTM YoY, FY24 Q4: -19.6% Revenue growth, TTM YoY, FY25 Q1: -22.0% Revenue growth, TTM YoY, FY25 Q2: -21.7% Revenue growth, TTM YoY, FY25 Q3: -18.1% Revenue growth, TTM YoY, FY25 Q4: -8.8% Revenue growth, TTM YoY, FY26 Q1: -4.0% Revenue growth, TTM YoY, FY26 Q2: 0.6% 0.6%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 12.5%
FY23 Q4 4.8%
FY24 Q1 -0.4%
FY24 Q2 -6.7%
FY24 Q3 -12.4%
FY24 Q4 -19.6%
FY25 Q1 -22.0%
FY25 Q2 -21.7%
FY25 Q3 -18.1%
FY25 Q4 -8.8%
FY26 Q1 -4.0%
FY26 Q2 0.6%
Operating margin (TTM) CNH Industrial N.V.
5.5% 6% 6.5% 7% FY12 Q4 FY13 Q4 FY14 Q4 FY15 Q4 FY16 Q4 FY17 Q4 Operating margin (TTM), FY12 Q4: 7.0% Operating margin (TTM), FY13 Q4: 6.7% Operating margin (TTM), FY14 Q4: 6.8% Operating margin (TTM), FY15 Q4: 6.3% Operating margin (TTM), FY16 Q4: 5.8% Operating margin (TTM), FY17 Q4: 6.0% 6.0%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Operating margin (TTM)
FY12 Q4 7.0%
FY13 Q4 6.7%
FY14 Q4 6.8%
FY15 Q4 6.3%
FY16 Q4 5.8%
FY17 Q4 6.0%
FCF margin (TTM) CNH Industrial N.V.
-10% -5% 0% 5% FY11 Q4 FY12 Q4 FY13 Q4 FY14 Q4 FY15 Q4 FY16 Q4 FCF margin (TTM), FY11 Q4: 0.6% FCF margin (TTM), FY12 Q4: -4.2% FCF margin (TTM), FY13 Q4: -3.4% FCF margin (TTM), FY14 Q4: -6.6% FCF margin (TTM), FY15 Q4: 1.1% FCF margin (TTM), FY16 Q4: 2.5% 2.5%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period FCF margin (TTM)
FY11 Q4 0.6%
FY12 Q4 -4.2%
FY13 Q4 -3.4%
FY14 Q4 -6.6%
FY15 Q4 1.1%
FY16 Q4 2.5%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q, 20-F, 20-F/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 33.5 32.8 33.8 32.6 25.9 25.1 27.7 29.7 28.1 14.8 19.5 23.6 24.7 19.8 18.1 18.2
Gross profit — — — — — 5.7 6.1 6.7 6.2 3.6 5.4 6.8 7.8 6.5 5.7 5.6
EBITDA — 3.3 3.4 3.3 2.8 2.2 2.4 — — — — — — — — —
Operating income — 2.3 2.3 2.2 1.6 1.5 1.7 — — — — — — — — —
Net income 0.5 0.8 0.7 0.7 0.3 −0.3 0.3 1.1 1.4 −0.5 1.7 2.0 2.3 1.2 0.5 0.3
Diluted EPS $0.42 $0.62 $0.54 $0.52 $0.19 −$0.19 $0.20 $0.78 $1.05 −$0.36 $1.27 $1.49 $1.69 $0.99 $0.41 $0.25
Growth (year on year)
Revenue — −2.0% +3.2% −3.8% −20.4% −3.2% +10.4% +7.2% −5.5% −47.4% +31.9% +20.8% +4.8% −19.6% −8.8% +0.6%
EBITDA — — +1.7% −1.2% −16.7% −22.1% +10.2% — — — — — — — — —
Operating income — — −0.4% −3.4% −25.6% −11.3% +14.6% — — — — — — — — —
Net income — — −10.4% +4.9% −64.4% — — — +33.1% −134.7% — +17.8% +12.1% −45.2% −59.1% −62.2%
Diluted EPS — — −12.9% −3.7% −63.5% — — — +34.6% −134.3% — +17.3% +13.4% −41.4% −58.6% −62.0%
Margins
Gross margin — — — — — 22.6% 22.1% 22.7% 22.2% 24.5% 27.6% 28.7% 31.8% 32.7% 31.5% 30.6%
EBITDA margin — 10.1% 10.0% 10.3% 10.7% 8.6% 8.6% — — — — — — — — —
Operating margin — 7.0% 6.7% 6.8% 6.3% 5.8% 6.0% — — — — — — — — —
Net margin 1.6% 2.3% 2.0% 2.2% 1.0% −1.1% 1.0% 3.6% 5.1% −3.3% 8.8% 8.6% 9.2% 6.3% 2.8% 1.7%
Free-cash-flow margin 0.6% −4.2% −3.4% −6.6% 1.1% 2.5% 10.3% 8.6% 6.5% 37.4% 20.9% 2.4% 3.7% 9.9% 14.0% 9.8%
Cash flow
Cash from operations 2.2 0.8 1.5 0.7 2.8 2.8 2.9 2.6 1.8 5.5 4.1 0.6 0.9 2.0 2.5 1.8
Capital spending 2.0 2.2 2.7 2.8 2.5 2.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Free cash flow 0.2 −1.4 −1.1 −2.2 0.3 0.6 2.9 2.6 1.8 5.5 4.1 0.6 0.9 2.0 2.5 1.8
Stock-based pay 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.0 —
Free cash flow after stock pay 0.1 −1.5 −1.2 −2.2 0.2 0.6 2.8 2.5 1.8 5.5 4.0 0.5 0.8 1.9 2.5 —
Balance sheet
Cash 6.4 5.2 5.6 5.2 5.4 5.0 5.4 5.0 4.9 8.8 5.0 4.4 4.3 3.2 2.6 1.9
Total debt 0.0 27.1 29.9 29.6 26.3 25.3 25.9 24.4 24.9 26.1 20.9 23.0 27.3 26.9 26.8 26.0
Net debt (negative = net cash) −6.4 21.9 24.3 24.4 20.9 20.3 20.5 19.4 20.0 17.3 15.9 18.6 23.0 23.7 24.2 24.1
Diluted shares 1,275m 1,223m 1,257m 1,360m 1,363m 1,362m 1,367m 1,361m 1,354m 1,351m 1,361m 1,362m 1,350m 1,260m 1,251m 1,246m
Returned to shareholders
Dividends 0.0 0.6 0.4 0.4 0.3 0.2 0.2 0.2 0.3 0.0 0.2 0.4 0.5 0.6 0.3 0.1
Total returned 0.0 0.6 0.4 0.4 0.3 0.2 0.2 0.2 0.3 0.0 0.2 0.4 0.5 0.6 0.3 0.1

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

0 of 0 checks passed · June 30, 2026
  • Short-term assets cover short-term liabilities The company doesn't report a short-term split. Not assessable.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From CNH Industrial N.V.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Dividends (TTM)
$139M
Diluted share count
−0.6%
year over year
Dividend payout ratio
45%
of net income paid out
R&D spending
6.0%
of revenue
Sales & admin spending
10.8%
of revenue

Competitors: side by side with peers

Closest by revenue in agricultural & farm machinery
Last 12 months unless stated CNH AGCO DE TTC ALG LNN Median
Revenue, last 12 months $18.2bn $10.1bn $48.0bn $4.8bn $1.7bn $636m $4.8bn
Revenue growth, last 12 months 0.6% 0.9% 8.0% 5.2% 4.1% −6.0% 4.1%
Revenue growth, 3-year average −9.7% −11.3% −7.9% 0.1% 1.1% −1.9% −5.7%
Revenue growth, latest quarter 2.0% −8.6% 4.9% 8.4% 7.6% 5.2% 4.9%
Gross margin 30.6% 25.0% 21.4% 33.4% 24.2% 28.9% 26.0%
Operating margin 6.0% 5.6% 21.2% 10.3% 8.9% 10.5% 8.9%
Operating margin, 3-year average — 3.6% 19.1% 10.4% 10.1% 12.1% 10.3%
Net margin 1.7% 2.8% 10.2% 7.6% 6.1% 8.8% 6.1%
Cash from operations / revenue 9.8% 5.4% 15.1% 16.6% 9.8% 11.8% 9.8%
Free-cash-flow margin 2.5% 2.9% 12.5% 15.0% 8.1% 5.5% 5.5%
Free-cash-flow margin, 3-year average — 4.4% 14.4% 11.4% 8.5% 9.9% 9.2%
Stock pay / revenue 0.1% 0.4% 0.3% 0.5% 0.5% 0.9% 0.5%
Change in share count −0.6% −3.8% −0.5% −3.7% 0.4% −4.4% −0.6%

Median of all 7 companies we cover in agricultural & farm machinery. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

7 agricultural & farm machinery companies
Measure Company Peer median Rank
Revenue growth Growth 0.6% 4.1% 6 of 7
Change in growth rate Growth +4.6pp +1.8pp 1 of 7
Gross margin Profitability 30.6% 28.9% 2 of 6
Net margin Profitability 1.7% 6.1% 6 of 7
Change in share count Balance sheet -0.6% -0.6% 4 of 7

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue YoY
Agriculture Constrcution and Eliminations and Other Industrial Activities $15.3B ▼ 10.0%
Agriculture $12.4B ▼ 11.5%
Construction $3B ▼ 3.2%
Financial Services $0 —

These categories overlap or exclude eliminations, so shares aren't shown.

Products and services
Line of business Revenue YoY
Products $15.3B ▼ 10.1%
Services $56M ▲ 9.8%

These categories overlap or exclude eliminations, so shares aren't shown.

Geography
Region Revenue YoY
Rest of World and Other $17.7B ▼ 9.1%
United States $5.8B ▼ 19.2%
Others Countries $3.2B ▲ 3.9%
Brazil $2.5B ▼ 8.9%
Canada $1.5B ▼ 11.4%
France $986M ▼ 7.0%
Australia $693M ▼ 22.0%
India $634M ▲ 19.2%
AR $547M ▼ 3.4%
IT $462M ▲ 9.5%
Germany $445M ▲ 11.5%
United Kingdom $393M ▲ 9.5%
PL $317M ▲ 10.5%
ES $310M ▲ 19.7%
China $276M ▼ 15.3%

These categories overlap or exclude eliminations, so shares aren't shown.

From CNH Industrial N.V.'s 10-K filed February 26, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$10.1B
Institutions reporting
516
Shares held vs prior quarter
▲ 5.9%
Positions opened / closed
61 / 80

Top buyers and sellers, Q2 2026: 257 institutions bought and 278 sold ; the biggest buyer was Brandes Investment Partners, LP (+19.2M shares) and the biggest seller Blackrock, Inc (−15.5M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $1.1B 97.6M 10.8% ▼ 13.7%
Harris Associates L P $663M 59.1M 6.6% ▲ 1.6%
Franklin Resources Inc $596M 53.1M 5.9% ▲ 13.7%
Hotchkis & Wiley Capital Management LLC $551M 49.0M 5.5% ▲ 12.4%
State Street Corp $444M 39.5M 4.4% ▲ 4.4%
Vanguard Portfolio Management LLC $426M 38.0M 4.2% ▼ 0.2%
Vanguard Capital Management LLC $419M 37.3M 4.1% ▲ 0.8%
Dimensional Fund Advisors LP $382M 34.0M 3.8% ▲ 16.4%
Artisan Partners Limited Partnership $335M 29.8M 3.3% ▼ 4.9%
Barrow Hanley Mewhinney & Strauss LLC $251M 22.3M 2.5% ▲ 173.1%
Brandes Investment Partners, LP $246M 21.9M 2.4% ▲ 704.3%
Bank Of New York Mellon Corp $229M 20.4M 2.3% ▲ 10.6%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not CNH Industrial N.V.'s complete shareholder register. Values are as reported by the filers ; 2 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $700,182 4 trades by 3 insiders, last 12 months Insider sales History → $490,140 1 trade by 1 insider · 0% under pre-set plans
Net ▲ $210,042 net buying
Insider Date Trade Shares Price Value
Tutino Francesco Vincenzo Maria Chief Human Resources Officer May 4, 2026 Sell 48,385 $10.13 $490,140
Heywood Suzanne Director November 18, 2025 Buy 52,522 $9.52 $500,009
Buffett Howard W. Director November 12, 2025 Buy 4,100 $10.29 $42,189
Buffett Howard W. Director November 11, 2025 Buy 6,000 $9.68 $58,080
Sorensen Vagn O Director November 11, 2025 Buy 10,385 $9.62 $99,904

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 5 trades and filings

No trades in CNH Industrial N.V. disclosed in the last 12 months; 5 earlier trades on record.

  • Lisa C. McClain(R-MI 9):Sale (full), $1,001 - $15,000, traded August 4, 2025, filed September 12, 2025
  • Lisa C. McClain(R-MI 9):Purchase, $1,001 - $15,000, traded July 22, 2025, filed August 13, 2025
  • Lisa C. McClain(R-MI 9):Sale (partial), $1,001 - $15,000, traded June 24, 2025, filed August 13, 2025

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 6, 2026 estimated from the company's past filing pattern, not announced

  • August 3, 2026
  • April 30, 2026
  • February 17, 2026
  • November 7, 2025
  • August 1, 2025
  • May 1, 2025

Recent SEC filings

Data status

When each part of this page on CNH Industrial N.V. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

CNH Industrial N.V. in brief

What does CNH Industrial N.V. do?
CNH Industrial N.V. is a US-listed company in the agricultural & farm machinery industry. Its financial year ends in December.
What is CNH Industrial N.V.'s stock ticker?
CNH Industrial N.V. trades under the ticker CNH on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is CNH Industrial N.V.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, CNH Industrial N.V. reported revenue of $18.2B, 0.6% higher than a year earlier, according to its SEC filings.
Who are CNH Industrial N.V.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Harris Associates L P and Franklin Resources Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is CNH Industrial N.V.'s market cap?
On November 2, 2026, CNH Industrial N.V.'s market capitalisation was about $14.7B, with a price-to-earnings ratio of 47.3 and net debt of $24.1B. Market figures come from third-party market data and may be delayed.
Does CNH Industrial N.V. pay a dividend?
Yes: CNH Industrial N.V. paid $139M in dividends over the trailing twelve months and a payout ratio of 44.7%.
Who are CNH Industrial N.V.'s competitors?
In our Agricultural & Farm Machinery peer group, the companies closest to CNH Industrial N.V. are AGCO Corp, Deere & Company, Toro Co, Alamo Group Inc and Lindsay Corp. The side-by-side comparison below sets their revenue, margins and growth against CNH Industrial N.V.'s.
Are insiders buying or selling CNH Industrial N.V. stock?
Over the last 12 months, CNH Industrial N.V.'s directors and officers reported 4 open-market purchases and 1 sales on Form 4. The insider trading page charts every trade.
When is CNH Industrial N.V.'s next earnings date?
Around November 9, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — CNH Industrial N.V. announces its own schedule.