CNH Industrial N.V. Earnings Per Share Disclosure
| Years Ended December 31, | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
Basic EPS attributable to common shareholders | |||||||||||||||||
Net income attributable to CNH Industrial N.V. | $ | 510 | $ | 1,246 | $ | 2,275 | |||||||||||
Weighted-average common shares outstanding—basic | 1,248 | 1,254 | 1,332 | ||||||||||||||
Basic earnings per share | $ | 0.41 | $ | 0.99 | $ | 1.71 | |||||||||||
Diluted EPS attributable to common shareholders | |||||||||||||||||
Weighted-average common shares outstanding—basic | 1,248 | 1,254 | 1,332 | ||||||||||||||
| Dilutive effect of stock compensation plans | 3 | 6 | 18 | ||||||||||||||
Weighted-average common shares outstanding—diluted(1) | 1,251 | 1,260 | 1,350 | ||||||||||||||
Diluted earnings per share | $ | 0.41 | $ | 0.99 | $ | 1.69 | |||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 26, 2026 | Showing above |
| 2024 | Feb 28, 2025 | |
| 2023 | Feb 29, 2024 | |
| 2022 | Feb 28, 2023 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.