CNH Industrial N.V.
Business
CNH Industrial N.V. is a leading global equipment manufacturer that develops, manufactures and distributes agricultural and construction equipment through two primary segments. Agriculture offers tractors, harvesters, precision farming solutions and related implements sold under Case IH, New Holland, STEYR and Raven brands. Construction provides excavators, loaders, graders, dozers and compact equipment sold under CASE and New Holland Construction brands. Financial Services provides retail and wholesale financing to end customers and dealers, supported by a global network spanning 32 countries with commercial presence in approximately 166 countries.
Summary from 10-K filed 2026-02-26
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net sales | 15,346 | 17,060 | 22,080 | 21,541 | 17,802 | |
| Finance, interest and other income | 2,749 | 2,776 | 2,607 | 2,010 | 1,694 | |
| Total Revenues | 18,095 | 19,836 | 24,687 | 23,551 | 19,496 | |
| Cost of goods sold | 12,389 | 13,350 | 16,838 | 16,797 | 14,109 | |
| Selling, general and administrative expenses | 1,876 | 1,712 | 1,863 | 1,752 | 1,454 | |
| Research and development expenses | 1,025 | 924 | 1,041 | 866 | 642 | |
| Restructuring expenses | 22 | 118 | 67 | 31 | 35 | |
| Interest expense | 1,482 | 1,611 | 1,345 | 734 | — | |
| Other, net | 681 | 664 | 830 | 689 | 768 | |
| Total Costs and Expenses | 17,475 | 18,379 | 21,984 | 20,869 | 17,557 | |
| Consolidated income before income taxes | 620 | 1,457 | 2,703 | 2,682 | 1,939 | |
| Income tax expense | −184 | −336 | −594 | −747 | −229 | |
| Equity in income of unconsolidated affiliates | 69 | 138 | 178 | 104 | 91 | |
| Net income | 505 | 1,259 | 2,287 | 2,039 | 1,760 | |
| Net income (loss) attributable to noncontrolling interests | −5 | 13 | 12 | 10 | 37 | |
| Net income attributable to CNH Industrial N.V. | 510 | 1,246 | 2,275 | 2,029 | 1,723 | |
| Basic earnings per share attributable to CNH Industrial N.V. (in dollars per share) | 0.41 | 0.99 | 1.71 | 1.5 | 1.27 | |
| Diluted earnings per share attributable to CNH Industrial N.V. (in dollars per share) | 0.41 | 0.99 | 1.69 | 1.49 | 1.27 | |
| Basic (in shares) | 1,248 | 1,254 | 1,332 | 1,351 | 1,354 | |
| Diluted (in shares) | 1,251 | 1,260 | 1,350 | 1,362 | 1,361 | |
| Cash dividends declared per common share (in dollars per share) | 0.25 | 0.47 | 0.4 | 0.3 | 0.13 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 2,578 | 3,191 | 4,322 | 4,376 | 5,044 | |
| Restricted cash | 651 | 675 | 723 | 753 | 801 | |
| Trade receivables, net | 226 | 125 | 133 | 172 | 192 | |
| Financing receivables, net | 23,105 | 23,085 | 24,249 | 19,260 | 15,376 | |
| Financial receivables from Iveco Group N.V. | 195 | 168 | 380 | 298 | — | |
| Inventories, net | 4,651 | 4,776 | 5,545 | 4,811 | 4,216 | |
| Property, plant and equipment, net | 2,181 | 1,936 | 1,913 | 1,532 | 1,475 | |
| Investments in unconsolidated affiliates | 437 | 490 | 479 | 385 | 333 | |
| Equipment under operating leases | 1,591 | 1,466 | 1,417 | 1,502 | 1,738 | |
| Goodwill | 3,617 | 3,584 | 3,614 | 3,322 | 3,210 | |
| Other intangible assets, net | 1,086 | 1,221 | 1,292 | 1,129 | 1,207 | |
| Deferred tax assets | 1,207 | 927 | 979 | 433 | 421 | |
| Derivative assets | 142 | 196 | 136 | 189 | 182 | |
| Other assets | 1,080 | 1,093 | 1,085 | 1,219 | 1,675 | |
| Total Assets | 42,747 | 42,933 | 46,267 | 39,381 | 49,416 | |
| Debt | 26,762 | 26,882 | 27,326 | 22,962 | 20,897 | |
| Financial payables to Iveco Group N.V. | 91 | 62 | 146 | 156 | — | |
| Trade payables | 2,247 | 2,292 | 3,611 | 3,702 | — | |
| Deferred tax liabilities | 17 | 28 | 35 | 85 | 125 | |
| Pension, postretirement and other postemployment benefits | 366 | 392 | 476 | 449 | 673 | |
| Derivative liabilities | 97 | 146 | 216 | 204 | 181 | |
| Other liabilities | 5,342 | 5,363 | 6,307 | 4,847 | 4,763 | |
| Total Liabilities | 34,922 | 35,165 | 38,117 | 32,405 | 42,563 | |
| Redeemable noncontrolling interest | 53 | 55 | 54 | 49 | 45 | |
| Common shares, 0.01, par value; outstanding 1,242,064,719 common shares and 370,457,350 loyalty program special voting shares in 2025; and outstanding 1,248,023,791 common shares and 370,994,305 loyalty program special voting shares in 2024 | 25 | 25 | 25 | 25 | 25 | |
| Treasury stock, at cost - 122,335,477 shares in 2025 and 116,376,405 shares in 2024 | −1,422 | −1,386 | −865 | −230 | −84 | |
| Additional paid-in capital | 1,388 | 1,415 | 1,578 | 1,504 | 4,464 | |
| Retained earnings | 10,506 | 10,309 | 9,654 | 7,906 | 4,818 | |
| Accumulated other comprehensive loss | −2,767 | −2,712 | −2,362 | −2,278 | −2,445 | |
| Noncontrolling interests | 42 | 62 | 66 | 0 | 30 | |
| Total Equity | 7,772 | 7,713 | 8,096 | 6,927 | 6,808 | |
| Total Liabilities and Equity | 42,747 | 42,933 | 46,267 | 39,381 | 49,416 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization expense excluding depreciation and amortization of assets under operating leases | 432 | 417 | 377 | 327 | 295 | |
| Depreciation and amortization expense of assets under operating leases | 197 | 188 | 187 | 208 | 242 | |
| Undistributed income of unconsolidated affiliates | 17 | −11 | −115 | −69 | −29 | |
| Other non-cash items | 647 | 340 | 183 | 196 | 126 | |
| Provisions | −336 | −204 | 911 | 189 | 93 | |
| Deferred income taxes | −198 | −107 | −535 | −50 | −273 | |
| Trade and financing receivables related to sales, net | 708 | 1,015 | −2,268 | −2,447 | 191 | |
| Inventories, net | 749 | 787 | −259 | −151 | −555 | |
| Trade payables | −198 | −1,186 | −157 | 125 | 738 | |
| Other assets and liabilities | 15 | −530 | 296 | 232 | 561 | |
| Net cash provided by operating activities | 2,538 | 1,968 | 907 | 557 | 4,082 | |
| Additions to retail receivables | −7,554 | −8,227 | −8,069 | −5,971 | −5,328 | |
| Collections of retail receivables | 7,508 | 6,459 | 5,824 | 4,360 | 4,338 | |
| Expenditures for property, plant and equipment and intangible assets excluding assets under operating leases | −543 | −536 | −644 | −461 | −365 | |
| Expenditures for assets under operating leases | −655 | −650 | −551 | −538 | −556 | |
| Other, net | −136 | 182 | −259 | −496 | −2,670 | |
| Net cash used in investing activities | −1,380 | −2,772 | −3,699 | −3,009 | −5,001 | |
| Proceeds from long-term debt | 12,985 | 15,111 | 9,941 | 11,183 | 7,988 | |
| Payments of long-term debt | −13,006 | −13,453 | −8,224 | −9,223 | −9,088 | |
| Net increase (decrease) in other financial liabilities | −1,566 | −416 | 2,071 | 580 | −111 | |
| Dividends paid | −333 | −607 | −538 | −423 | −188 | |
| Purchase of treasury stock | −100 | −702 | −652 | −153 | 0 | |
| Net cash provided (used) by financing activities | −2,020 | −67 | 2,598 | 1,964 | −1,445 | |
| Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash | 225 | −308 | 110 | −228 | −403 | |
| Net decrease in cash, cash equivalents and restricted cash | −637 | −1,179 | −84 | −716 | −2,767 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is CNH Industrial N.V.'s CIK number?
CNH Industrial N.V.'s SEC CIK number is 0001567094 (1567094). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find CNH Industrial N.V.'s SEC filings?
All of CNH Industrial N.V.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did CNH Industrial N.V. last report earnings?
CNH Industrial N.V. (CNH) most recently filed an earnings 8-K with the SEC on Apr 30, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001567094-26-000009). This is CNH Industrial N.V.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is CNH Industrial N.V.'s most recent earnings 8-K?
CNH Industrial N.V.'s latest earnings 8-K (Item 2.02) was filed Apr 30, 2026 under accession 0001567094-26-000009. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View CNH Industrial N.V.'s latest earnings 8-K →
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