CNH Industrial N.V.

CNH Industrials Farm & Heavy Construction Machinery

CNH Industrial N.V.’s revenue for fiscal 2025 (year ended December 2025) was $18.1 billion, down 8.78% from fiscal 2024.

Revenue
+1.95%
EPS
−35.3%
Free cash flow
−124.6%
Total debt
−5.26%

Quarter to June 2026, against a year earlier

11.27 0.44 −3.76%
Market cap
$13.9B
P/E
45.1×
Fwd P/E
27.6×
Dividend yield
0.89%
F-score
4/9
Altman Z
2.00
Beneish M
−2.68
Dividend safety
37/100

CNH Industrial N.V. (CNH) Operating margin

Alert me on Operating margin

CNH Industrial N.V.'s operating margin over the twelve months to 30 June 2026 was 13.5%, down 1.9 percentage points from fiscal 2025 (15.4%). Over the past ten years it has ranged from 6.03% (fiscal 2020) to 19.8% (fiscal 2023); the current reading is higher than 64% of that period. That is above the Farm & Heavy Construction Machinery industry median of 4.47% and above the Industrials sector median of 5.21%.

Operating margin, annual

Embed this chart

Annual newest first

Period Operating margin Change (points)
FY2025 15.4% (3.43)
FY2024 18.8% (0.95)
FY2023 19.8% 2.33
FY2022 17.4% 0.73
FY2021 16.7% 10.67
FY2020 6.03% (4.27)
FY2019 10.3% (0.72)
FY2018 11.0% 1.04
FY2017 9.98% 1.27
FY2016 8.71% (0.16)

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 13.7% 0.07
Mar 2026 13.6% (0.20)
Dec 2025 13.8% 0.81
Sep 2025 13.0% (4.38)
42 more quarters

Against its own ten years

Low 6.03% High 19.8%
Ten-year median 11.0%
Current reading's percentile 55

Operating margin against peers

Company Operating margin
DE Deere & Company compare 19.5%
FSS Federal Signal Corporation compare 16.2%
PCAR PACCAR Inc. compare 13.8%
CNH CNH Industrial N.V. 13.5%
BLBD Blue Bird Corporation compare 11.8%
ALG Alamo Group, Inc. compare 6.93%
OSK Oshkosh Corporation compare 6.82%
TEX Terex Corporation compare 5.68%
AGCO AGCO Corporation compare 5.61%
Farm & Heavy Construction Machinery industry median 4.47%
Industrials sector median 5.21%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

More on CNH