CNH
$13.47+4.82%
as of close, Oct 2, 2026
☾ AH $13.47 +4.82%
CNH Industrial N.V.Stock · IndustrialsRussell 1000 0.01%Russell 3000 0.01%US Stock Market 0.01%MSCI World 0.01%MSCI ACWI 0.009%
CNH financial statements
The full income statement, balance sheet, and cash-flow statement for CNH Industrial N.V. (CNH), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 1.25B2024-09 1.25B2024-12 1.25B2025-03 1.25B2025-06 1.25B2025-09 1.25B2025-12 1.24B2026-03 1.24B2026-06 1.24B-1.3% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 18.1B-8.8% | 19.8B-19.7% | 24.7B+4.8% | 23.6B+20.8% | 19.5B+31.9% | |
| Cost of revenue | 12.4B-7.2% | 13.3B-20.7% | 16.8B+0.2% | 16.8B+19.1% | 14.1B+26.5% | |
| Research & development | 1.02B+10.9% | 924M-11.2% | 1.04B+20.2% | 866M+34.9% | 642M+30.2% | |
| Selling, general & administrative | 1.88B+9.6% | 1.71B-8.1% | 1.86B+6.3% | 1.75B+20.5% | 1.45B+12.2% | |
| Restructuring | 22.0M-81.4% | 118M+76.1% | 67.0M+116.1% | 31.0M-11.4% | 35.0M+59.1% | |
| Amortization of intangibles | 165M-9.3% | 182M+11.0% | 164M+26.2% | 130M+52.9% | 85.0M+18.1% | |
| Interest expense | — | — | 1.34B+83.2% | 734M+33.7% | 549M-16.8% | |
| Net interest income | -114M+25.0% | -152M-100.0% | -76.0M+36.1% | -119M | — | |
| Equity-method income | 69.0M-50.0% | 138M-22.5% | 178M+71.2% | 104M+14.3% | 91.0M+37.9% | |
| Pre-tax income | 620M-57.4% | 1.46B-46.1% | 2.70B+0.8% | 2.68B+38.3% | 1.94B+1183.2% | |
| Income tax | 184M-45.2% | 336M-43.4% | 594M-20.5% | 747M+226.2% | 229M+169.4% | |
| 510M-59.1% | 1.25B-45.2% | 2.27B+12.1% | 2.03B+17.8% | 1.72B+449.5% | ||
| Discontinued operations | — | — | 0.00 | 0.00+100.0% | -41.0M+82.9% | |
| Net income to non-controlling interest | -5.00M-138.5% | 13.0M+8.3% | 12.0M+20.0% | 10.0M-73.0% | 37.0M-32.7% | |
| Net income to common | — | — | — | — | 1.72B+449.5% | |
| $0.41-58.6% | $0.99-41.4% | $1.69+13.4% | $1.49+17.3% | $1.27+452.8% | ||
| EPS (basic) | $0.41-58.6% | $0.99-42.1% | $1.71+14.0% | $1.50+18.1% | $1.27+452.8% | |
| Weighted-avg shares (basic) | 1.25B-0.5% | 1.25B-5.9% | 1.33B-1.4% | 1.35B-0.2% | 1.35B+0.2% | |
| Weighted-avg shares (diluted) | 1.25B-0.7% | 1.26B-6.7% | 1.35B-0.9% | 1.36B+0.1% | 1.36B+0.7% | |
| Dividends per share | $0.25-46.8% | $0.47+18.7% | $0.40+31.1% | $0.30-42.8% | $0.53 | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 2.58B-19.2% | 3.19B-26.2% | 4.32B-1.2% | 4.38B-13.2% | 5.04B-42.6% | |
| Inventory | 4.65B-2.6% | 4.78B-13.9% | 5.54B+15.3% | 4.81B+14.1% | 4.22B-30.0% | |
| 42.7B-0.4% | 42.9B-7.2% | 46.3B+17.5% | 39.4B-20.3% | 49.4B+1.4% | ||
| Property, plant & equipment | 2.18B+12.7% | 1.94B+1.2% | 1.91B+24.9% | 1.53B+3.9% | 1.48B-70.0% | |
| Operating lease right-of-use | 264M-4.0% | 275M-7.4% | 297M+32.0% | 225M+16.0% | 194M-57.3% | |
| Goodwill | 3.62B+0.9% | 3.58B-0.8% | 3.61B+8.8% | 3.32B+3.5% | 3.21B+74.6% | |
| Intangible assets | 1.09B-11.1% | 1.22B-5.5% | 1.29B+14.4% | 1.13B-6.5% | 1.21B+56.3% | |
| Deferred tax assets | 1.21B+30.2% | 927M-5.3% | 979M+126.1% | 433M+2.9% | 421M-71.0% | |
| 34.9B-0.7% | 35.2B-7.7% | 38.1B+17.6% | 32.4B-23.9% | 42.6B-2.6% | ||
| Operating lease liability (total) | 272M-3.5% | 282M-6.0% | 300M+31.6% | 228M+16.3% | 196M-56.7% | |
| Deferred tax liabilities | 17.0M-39.3% | 28.0M-20.0% | 35.0M-58.8% | 85.0M-32.0% | 125M+11.6% | |
| 7.77B+0.8% | 7.71B-4.7% | 8.10B+16.9% | 6.93B+1.7% | 6.81B+36.5% | ||
| Common stock | 25.0M+0.0% | 25.0M+0.0% | 25.0M+0.0% | 25.0M+0.0% | 25.0M+0.0% | |
| Additional paid-in capital | 1.39B-1.9% | 1.42B-10.3% | 1.58B+4.9% | 1.50B-66.3% | 4.46B+1.7% | |
| Retained earnings | 10.5B+1.9% | 10.3B+6.8% | 9.65B+22.1% | 7.91B+64.1% | 4.82B+46.9% | |
| Treasury stock | 1.42B+2.6% | 1.39B+60.2% | 865M+276.1% | 230M+173.8% | 84.0M-22.9% | |
| Accumulated other comprehensive income | -2.77B-2.0% | -2.71B-14.8% | -2.36B-3.7% | -2.28B+6.8% | -2.44B+8.6% | |
| Non-controlling interest | 42.0M-32.3% | 62.0M-6.1% | 66.0M | 0.00-100.0% | 30.0M-63.4% | |
| Total equity incl. non-controlling | 7.77B+0.8% | 7.71B-4.7% | 8.10B+16.9% | 6.93B+1.7% | 6.81B+36.5% | |
| Total liabilities & equity | 42.7B-0.4% | 42.9B-7.2% | 46.3B+17.5% | 39.4B-20.3% | 49.4B+1.4% | |
| Common shares issued | 1.36B+0.0% | 1.36B+0.0% | 1.36B+0.0% | 1.36B+0.0% | 1.36B+0.0% | |
| Common shares outstanding | 1.24B-0.5% | 1.25B-3.3% | 1.29B-4.0% | 1.34B-0.9% | 1.36B+0.2% | |
| Shares outstanding (cover) | 1.24B-0.6% | 1.25B-0.7% | 1.26B-6.5% | 1.34B-0.9% | 1.36B+0.2% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 2.54B+29.0% | 1.97B+117.0% | 907M+62.8% | 557M-86.4% | 4.08B-26.2% | ||
| Depreciation & amortization | 432M+3.6% | 417M+10.6% | 377M+14.9% | 328M+11.2% | 295M-1.3% | |
| Intangible amortization | 165M-9.3% | 182M+11.0% | 164M+26.2% | 130M+52.9% | 85.0M+18.1% | |
| Share-based compensation | 45.0M-36.6% | 71.0M-28.3% | 99.0M+13.8% | 87.0M-3.3% | 90.0M | |
| Deferred income taxes | -196M-84.9% | -106M+79.8% | -524M-627.8% | -72.0M+73.2% | -269M-169.0% | |
| Change in inventory | -749M+4.8% | -787M-403.9% | 259M+71.5% | 151M-72.8% | 555M+145.3% | |
| Change in payables | -198M+83.3% | -1.19B-655.4% | -157M-225.6% | 125M-83.1% | 738M+135.0% | |
| -1.38B+50.2% | -2.77B+25.1% | -3.70B-22.9% | -3.01B+39.8% | -5.00B-81.9% | ||
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other investing activities | 136M+174.7% | -182M-170.3% | 259M-47.8% | 496M-81.4% | 2.67B+334.9% | |
| -2.02B-2914.9% | -67.0M-102.6% | 2.60B+32.3% | 1.96B+235.9% | -1.45B-319.3% | ||
| Long-term debt issued | 13.0B-14.1% | 15.1B+52.0% | 9.94B-11.1% | 11.2B+40.0% | 7.99B-10.1% | |
| Long-term debt repaid | 13.0B-3.3% | 13.5B+63.6% | 8.22B-10.8% | 9.22B+1.5% | 9.09B+25.8% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 333M-45.1% | 607M+12.8% | 538M+27.2% | 423M+125.0% | 188M+2250.0% | |
| Other financing activities | -100M+85.8% | -702M-7.7% | -652M-326.1% | -153M | 0.00 | |
| Net change in cash | -637M+46.0% | -1.18B-1303.6% | -84.0M+88.3% | -716M+74.1% | -2.77B-171.8% | |
| Interest paid | 1.46B-8.5% | 1.60B+46.5% | 1.09B+51.9% | 718M+33.2% | 539M-13.8% | |
| Income taxes paid | 227M-70.5% | 769M-4.1% | 802M+11.9% | 717M+106.0% | 348M+335.0% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 11.4B-19.1% | 14.1B-12.7% | 16.2B-25.1% | 21.6B-17.9% | 26.3B+51.6% | |
| P/E | 22.4×+97.7% | 11.3×+62.3% | 7.0×-43.8% | 12.4×-18.7% | 15.3× | |
| P/S | 0.6×-11.3% | 0.7×+9.3% | 0.7×-33.4% | 1.0×-27.5% | 1.4×+14.9% | |
| P/B | 1.5×-19.7% | 1.8×-9.4% | 2.0×-40.5% | 3.4×-12.1% | 3.9×+11.1% | |
| P/FCF | 18.0×-19.1% | 22.3×-12.7% | 25.6×-25.1% | 34.1×-17.9% | 41.6×+51.6% | |
| Earnings yield | 4.5%-49.4% | 8.8%-38.4% | 14.3%+77.9% | 8.0%+22.9% | 6.5% | |
| FCF yield | 5.5%+23.6% | 4.5%+14.6% | 3.9%+33.5% | 2.9%+21.8% | 2.4%-34.0% | |
| Dividend yield | 2.7%-34.6% | 4.1%+27.6% | 3.3%+72.9% | 1.9%-30.8% | 2.7% | |
| Source filing | 10-K | 10-K | 10-K | 10-K/A | 20-F |
About this data
Source: CNH’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all CNH filings on SEC EDGAR → Not investment advice.