15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 3.2% per year over the past 5 years.
Free cash flow has grown 27.1% per year over the past 5 years.
Shareholder returns
Dividends have been paid for 15 consecutive years, consuming 65.3% of earnings.
The dividend has grown 110.8% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$15.3B
$510M
19.3%
0.0%
6.6%
1.2%
—
—
$2.6B
2024
$17.1B
$1.2B
21.7%
0.0%
16.2%
2.9%
—
—
$3.2B
2023
$22.1B
$2.3B
23.7%
0.0%
28.1%
4.9%
—
—
$4.3B
2022
$21.5B
$2.0B
22.0%
0.0%
29.3%
5.2%
—
—
$4.4B
2021
$17.8B
$1.7B
20.7%
0.0%
25.3%
3.5%
—
—
$5.0B
2020
$13.1B
-$493M
14.8%
0.0%
-9.9%
-1.0%
—
—
$8.8B
2019
$26.1B
$1.4B
16.5%
0.0%
23.2%
3.0%
—
—
$4.9B
2018
$27.8B
$1.1B
17.5%
0.0%
21.1%
2.3%
—
—
$5.0B
2017
$25.8B
$272M
16.3%
6.5%
6.4%
0.6%
—
—
$5.4B
2016
$23.2B
-$264M
16.4%
6.3%
-6.1%
-0.6%
$634M
—
$5.0B
2015
—
$253M
—
—
5.2%
0.5%
—
$50M
$5.4B
2014
—
$710M
—
—
14.3%
1.4%
—
—
$5.2B
2013
—
$677M
—
—
13.7%
1.3%
-$1.1B
—
$5.6B
2012
—
$756M
—
—
15.7%
1.5%
-$1.4B
—
$5.2B
2011
—
$545M
—
—
11.2%
—
$191M
—
$6.4B
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$4.1B
$138M
18.0%
0.0%
1.8%
0.3%
—
—
$1.9B
Mar '26
$3.2B
$7M
17.8%
0.0%
0.1%
0.0%
—
—
$1.6B
Dec '25
$4.5B
$86M
18.4%
0.0%
1.1%
0.2%
—
—
$2.6B
Sep '25
$3.7B
$80M
19.1%
0.0%
1.0%
0.2%
—
—
$2.3B
Jun '25
$4.0B
$213M
20.6%
0.0%
2.7%
0.5%
—
—
$2.5B
Mar '25
$3.2B
$131M
19.0%
0.0%
1.7%
0.3%
—
—
$1.7B
Dec '24
$4.1B
$173M
19.5%
0.0%
2.2%
0.4%
—
—
$3.2B
Sep '24
$4.0B
$306M
21.7%
0.0%
4.0%
0.7%
—
—
$1.8B
Jun '24
$4.8B
$399M
22.9%
0.0%
5.4%
0.9%
—
—
$2.0B
Mar '24
$4.1B
$368M
22.7%
0.0%
4.7%
0.8%
—
—
$3.2B
Dec '23
$6.0B
$582M
21.8%
0.0%
7.2%
1.3%
—
—
$4.3B
Sep '23
$5.3B
$537M
23.9%
0.0%
6.7%
1.2%
—
—
$3.0B
Jun '23
$6.0B
$706M
25.0%
0.0%
9.3%
1.7%
—
—
$3.2B
Mar '23
$4.8B
$482M
24.4%
0.0%
6.5%
1.2%
—
—
$3.2B
Dec '22
$6.4B
$592M
21.6%
0.0%
8.5%
1.5%
—
—
$4.4B
Sep '22
$5.4B
$556M
23.0%
0.0%
8.7%
1.6%
—
—
$3.2B
Jun '22
$5.6B
$548M
22.0%
0.0%
9.5%
1.5%
—
—
$2.9B
Mar '22
$4.2B
$333M
21.4%
0.0%
5.9%
0.9%
—
—
$3.2B
Dec '21
$5.0B
$302M
19.0%
0.0%
4.4%
0.6%
—
—
$5.0B
Sep '21
$4.3B
$323M
20.4%
0.0%
5.2%
0.7%
—
—
$7.1B
Valuation over time
How the market has priced CNH against its own fundamentals since 2024-05 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 5.7× (May '24) to 28.7× (Nov '26).
The price-to-sales ratio has risen from 0.6× (May '24) to 1.0× (Nov '26).
The dividend yield has fallen from 4.1% (May '24) to 2.3% (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is CNH growing its revenue and profit?
Over the past 5 years, Cnh Industrial N.V.'s revenue has grown 3.2% per year. These are computed facts, not advice.
How much debt does CNH have?
As of FY2025, Cnh Industrial N.V. reported — of total debt against $2.6B of cash.
What is CNH's profit margin?
In FY2025, gross margin was 19.3%, operating margin —, and net margin 3.3%.
What is CNH's P/E ratio?
Cnh Industrial N.V.'s P/E (TTM) is 47.02 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the CNH stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 28.7× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.