Cnh Industrial N.V. - Understand $cnh stock

$CNH Market Cap: $15.29 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$21.75B

TTM

Gross Margin

32.43%

TTM

Net Earnings

$1.756B

TTM

Current Assets

$8.005B

Q3 2024

Current Liabilities

$8.964B

Q3 2024

Current Ratio

89.3%

Q3 2024

Total Assets

$44.03B

Q3 2024

Total Liabilities

$36.32B

Q3 2024

Book Value

$7.712B

Q3 2024

Cash

$1.801B

Q3 2024

P/E

8.706

Nov 29, 2024 EST

Free Cash Flow

$670.0M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	$24.69B	$23.55B	$19.47B	$14.70B	$28.02B	$29.74B	$27.62B	$25.33B	$26.38B	$32.96B	$34.23B	$33.14B
YoY Change	4.82%	20.94%	32.51%	-47.56%	-5.76%	7.65%	9.07%	-3.98%	-19.96%	-3.72%	3.3%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	$24.69B	$23.55B	$19.47B	$14.70B	$28.02B	$29.74B	$27.62B	$25.33B	$26.38B	$32.96B	$34.23B	$33.14B
Cost Of Revenue	$16.84B	$16.80B	$15.23B	$12.29B	$22.81B	$24.13B	$22.70B	$20.87B	$21.66B	$26.84B	$27.75B	$26.90B
Gross Profit	$7.849B	$6.754B	$4.243B	$2.409B	$5.219B	$5.611B	$4.928B	$4.462B	$4.719B	$6.116B	$6.481B	$6.238B
Gross Profit Margin	31.79%	28.68%	21.79%	16.39%	18.62%	18.87%	17.84%	17.62%	17.89%	18.56%	18.93%	18.82%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Selling, General & Admin	$1.863B	$1.752B	$1.425B	$1.197B	$2.156B	$2.313B	$2.230B	$2.129B	$2.188B	$2.753B	$2.961B	$2.811B
YoY Change	6.34%	22.95%	19.05%	-44.48%	-6.79%	3.72%	4.74%	-2.7%	-20.52%	-7.02%	5.34%
% of Gross Profit	23.74%	25.94%	33.58%	49.69%	41.31%	41.22%	45.25%	47.71%	46.37%	45.01%	45.69%	45.06%
Research & Development	$1.041B	$866.0M	$492.0M	$340.0M	$624.0M	$625.0M	$582.0M	$519.0M	$417.0M	$446.0M	$481.0M	$465.0M
YoY Change	20.21%	76.02%	44.71%	-45.51%	-0.16%	7.39%	12.14%	24.46%	-6.5%	-7.28%	3.44%
% of Gross Profit	13.26%	12.82%	11.6%	14.11%	11.96%	11.14%	11.81%	11.63%	8.84%	7.29%	7.42%	7.45%
Depreciation & Amortization	$564.0M	$198.0M	$539.0M	$1.218B	$1.244B	$1.203B	$1.214B	$1.205B	$1.179B	$1.151B	$997.0M	$924.0M
YoY Change	184.85%	-63.27%	-55.75%	-2.09%	3.41%	-0.91%	0.75%	2.21%	2.43%	15.45%	7.9%
% of Gross Profit	7.19%	2.93%	12.7%	50.56%	23.84%	21.44%	24.63%	27.01%	24.98%	18.82%	15.38%	14.81%
Operating Expenses	$2.904B	$2.618B	$2.226B	$1.820B	$3.298B	$3.567B	$3.482B	$3.212B	$3.176B	$3.717B	$3.844B	$3.587B
YoY Change	10.92%	17.61%	22.31%	-44.82%	-7.54%	2.44%	8.41%	1.13%	-14.55%	-3.3%	7.16%
Operating Profit	$4.945B	$4.136B	$2.017B	$589.0M	$1.921B	$2.044B	$1.446B	$1.250B	$1.543B	$2.399B	$2.637B	$2.651B
YoY Change	19.56%	105.06%	242.44%	-69.34%	-6.02%	41.36%	15.68%	-18.99%	-35.68%	-9.03%	-0.53%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Interest Expense	-$1.345B	$734.0M	-$59.00M	-$93.00M	-$296.0M	-$516.0M	-$529.0M	-$667.0M	-$757.0M	-$685.0M	-$504.0M	-$545.0M
YoY Change	-283.24%	-1344.07%	-36.56%	-68.58%	-42.64%	-2.46%	-20.69%	-11.89%	10.51%	35.91%	-7.52%
% of Operating Profit	-27.2%	17.75%	-2.93%	-15.79%	-15.41%	-25.24%	-36.58%	-53.36%	-49.06%	-28.55%	-19.11%	-20.56%
Other Income/Expense, Net	-$830.0M	-$69.00M	-$760.0M			-$2.000M				$0.00	$0.00	$0.00
YoY Change	1102.9%	-90.92%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Pretax Income	$2.703B	$143.0M	$1.922B	-$192.0M	$1.208B	$1.914B	$740.0M	-$28.00M	$659.0M	$1.482B	$2.002B	$1.876B
YoY Change	1790.21%	-92.56%	-1101.04%	-115.89%	-36.89%	158.65%	-2742.86%	-104.25%	-55.53%	-25.97%	6.72%
Income Tax	$594.0M	$747.0M	$236.0M	$78.00M	$302.0M	$515.0M	$284.0M	$343.0M	$425.0M	$566.0M	$784.0M	$720.0M
% Of Pretax Income	21.98%	522.38%	12.28%		25.0%	26.91%	38.38%		64.49%	38.19%	39.16%	38.38%
Net Earnings	$2.371B	$2.029B	$1.740B	-$750.0M	$874.0M	$1.368B	$439.0M	-$373.0M	$236.0M	$917.0M	$1.048B	$1.017B
YoY Change	16.86%	16.61%	-332.0%	-185.81%	-36.11%	211.62%	-217.69%	-258.05%	-74.26%	-12.5%	3.05%
Net Earnings / Revenue	9.6%	8.62%	8.93%	-5.1%	3.12%	4.6%	1.59%	-1.47%	0.89%	2.78%	3.06%	3.07%
Basic Earnings Per Share	$1.78	$1.50	$1.27	-$0.36
Diluted Earnings Per Share	$1.76	$1.49	$1.278M	-$555.1K	$645.5K	$1.006M	$321.1K	-$273.9K	$173.1K	$674.3K	$833.7K	$831.6K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Cash & Short-Term Investments	$4.322B	$5.129B	$5.159B	$8.905B	$4.887B	$5.056B	$5.447B	$5.050B	$5.542B	$5.256B	$6.542B	$6.118B
YoY Change	-15.73%	-0.58%	-42.07%	82.22%	-3.34%	-7.18%	7.86%	-8.88%	5.44%	-19.66%	6.93%
Cash & Equivalents	$4.322B	$5.129B	$463.0M	$1.272B	$687.0M	$736.0M	$644.0M	$890.0M	$213.0M	$595.0M	$1.370B	$1.304B
Short-Term Investments		$414.0M	$115.0M	$120.0M	$12.00M	$25.00M	$17.00M	$33.00M	$158.0M	$93.00M	$53.00M	$34.00M
Other Short-Term Assets		$956.0M	$989.0M	$1.177B	$1.100B	$964.0M	$983.0M	$1.027B	$1.167B	$1.260B	$434.0M	$325.0M
YoY Change		-3.34%	-15.97%	7.0%	14.11%	-1.93%	-4.28%	-12.0%	-7.38%	190.32%	33.54%
Inventory	$5.545B	$4.848B	$4.228B	$6.000B	$7.065B	$6.719B	$6.453B	$5.732B	$5.800B	$7.140B	$7.536B	$6.390B
Prepaid Expenses
Receivables	$133.0M	$168.0M	$192.0M	$503.0M	$408.0M	$395.0M	$496.0M	$623.0M	$580.0M	$1.054B	$1.362B	$1.895B
Other Receivables	$380.0M	$20.10B	$16.25B	$19.63B	$21.02B	$20.80B	$21.45B	$20.17B	$20.26B	$23.06B	$24.01B	$21.78B
Total Short-Term Assets	$10.25B	$31.62B	$26.82B	$36.21B	$34.48B	$33.94B	$34.83B	$32.61B	$33.35B	$37.77B	$39.88B	$36.51B
YoY Change	-67.6%	17.9%	-25.93%	5.01%	1.61%	-2.55%	6.81%	-2.22%	-11.72%	-5.3%	9.24%
Property, Plant & Equipment	$3.330B	$3.281B	$3.435B	$7.392B	$7.626B	$7.737B	$8.675B	$8.185B	$8.206B	$8.251B	$8.026B	$6.853B
YoY Change	1.49%	-4.48%	-53.53%	-3.07%	-1.43%	-10.81%	5.99%	-0.26%	-0.55%	2.8%	17.12%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$563.0M	$408.0M	$355.0M	$1.021B	$707.0M	$592.0M	$631.0M	$554.0M	$601.0M	$690.0M	$758.0M	$701.0M
YoY Change	37.99%	14.93%	-65.23%	44.41%	19.43%	-6.18%	13.9%	-7.82%	-12.9%	-8.97%	8.13%
Other Assets	$723.0M	$0.00	$15.35B	$1.100B	$844.0M	$888.0M	$1.023B	$986.0M	$1.285B	$1.699B	$1.750B	$1.703B
YoY Change		-100.0%	1295.73%	30.33%	-4.95%	-13.2%	3.75%	-23.27%	-24.37%	-2.91%	2.76%
Total Long-Term Assets	$36.10B	$8.453B	$24.30B	$14.35B	$14.70B	$14.71B	$15.97B	$15.23B	$15.77B	$16.67B	$16.58B	$14.76B
YoY Change	327.11%	-65.22%	69.41%	-2.41%	-0.1%	-7.88%	4.89%	-3.44%	-5.39%	0.55%	12.3%
Total Assets	$46.35B	$40.08B	$51.12B	$50.56B	$49.18B	$48.65B	$50.80B	$47.83B	$49.12B	$54.44B	$56.46B	$51.27B
YoY Change
Accounts Payable	$3.611B	$3.690B	$3.531B	$6.355B	$5.635B	$5.886B	$6.060B	$5.185B	$5.342B	$5.982B	$7.369B	$6.390B
YoY Change	-2.14%	4.5%	-44.44%	12.78%	-4.26%	-2.87%	16.88%	-2.94%	-10.7%	-18.82%	15.32%
Accrued Expenses	$1.246B	$918.0M	$1.198B	$1.600B	$1.584B	$1.532B	$1.649B	$1.374B	$1.264B	$1.529B	$1.747B	$1.565B
YoY Change	35.73%	-23.37%	-25.13%	1.01%	3.39%	-7.1%	20.01%	8.7%	-17.33%	-12.48%	11.63%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$1.313B	$1.873B	$1.338B
YoY Change									-100.0%	-29.9%	39.99%
Long-Term Debt Due	$11.48B	$10.03B	$7.992B	$11.78B	$10.70B	$10.55B	$3.616B	$6.000M	$6.000M	$7.000M	$8.000M	$8.000M
YoY Change	14.45%	25.48%	-32.14%	10.08%	1.39%	191.81%	60166.67%	0.0%	-14.29%	-12.5%	0.0%
Total Short-Term Liabilities	$10.79B	$8.864B	$13.57B	$23.40B	$21.42B	$21.78B	$15.50B	$9.648B	$9.381B	$11.46B	$13.81B	$11.54B
YoY Change	21.74%	-34.67%	-42.01%	9.22%	-1.63%	40.47%	60.69%	2.85%	-18.16%	-17.0%	19.69%
Long-Term Debt	$27.33B	$23.65B	$13.70B	$14.84B	$14.71B	$13.99B	$22.40B	$25.43B	$26.45B	$28.38B	$28.07B	$25.88B
YoY Change	15.53%	72.68%	-7.71%	0.86%	5.17%	-37.53%	-11.92%	-3.87%	-6.8%	1.13%	8.46%
Other Long-Term Liabilities	$5.049B	$0.00	$15.22B	$5.378B	$4.908B	$5.159B	$6.075B	$5.936B	$5.658B	$6.621B	$6.622B	$6.542B
YoY Change		-100.0%	182.97%	9.58%	-4.87%	-15.08%	2.34%	4.91%	-14.54%	-0.02%	1.22%
Total Long-Term Liabilities	$27.33B	$23.65B	$28.92B	$20.22B	$19.62B	$19.15B	$28.47B	$31.36B	$32.11B	$35.00B	$34.69B	$32.42B
YoY Change	15.53%	-18.2%	43.01%	3.04%	2.46%	-32.74%	-9.22%	-2.32%	-8.26%	0.91%	7.0%
Total Liabilities	$38.17B	$32.52B	$42.73B	$43.91B	$41.36B	$41.21B	$44.13B	$41.21B	$41.95B	$46.91B	$48.87B	$45.17B
YoY Change	17.39%	-23.9%	-2.68%	6.15%	0.38%	-6.62%	7.08%	-1.75%	-10.57%	-4.02%	8.2%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	1.332B shares	1.351B shares	1.354B shares	1.351B shares
Diluted Shares Outstanding	1.350B shares	1.362B shares	1.361B shares	1.351B shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $15.288 Billion

About CNH Industrial N.V.

CNH Industrial NV is an equipment and services company, which develops, manufactures and sells specialized machines and services for the farming and construction industries, and supplies replacement parts and accessories. The company is headquartered in Basildon, Essex and currently employs 40,220 full-time employees. The company went IPO on 2013-09-30. The firm is engaged in the design, production, marketing, sale, and financing of agricultural and construction equipment. The firm operates through three segments: Agriculture, Construction and Financial Services. Its Agriculture segment designs, manufactures, and distributes a full line of farm machinery and implements, including two-wheel and four-wheel drive tractors, crawler tractors, grape and sugar cane harvesters, hay and forage equipment, planting and seeding equipment, material handling equipment, and others. Its Construction segment designs, manufactures, and distributes a full line of construction equipment, including excavators, crawler dozers, graders, wheel loaders, backhoe loaders, skid steer loaders, and compact track loaders. Its Financial Services segment offers retail note and lease financing to end-use customers for the purchase of new and used agricultural and construction equipment and components.

Industry: Construction Machinery & Equip Peers: