CNH Industrial N.V.
10.62+0.02 (+0.19%)
Oct 29, 4:00:02 PM EDT · NYSE · CNH · USD
Key Stats
Market Cap
13.28BP/E (TTM)
16.34Basic EPS (TTM)
0.65Dividend Yield
0.02%Recent Filings
10-Q
Q2 FY2025 results
CNH Industrial's Q2 revenues fell 14.2% year-over-year to $4.7B, with net sales down 16.3% to $4.0B amid softer industry demand and dealer destocking, yet Adjusted EBIT of Industrial Activities held at $224M (5.6% margin) thanks to pricing gains and cost cuts. Agriculture sales dropped 17.0% to $3.2B, with North America off 35.7%, while Construction eased 13.1% to $773M on North American weakness; Financial Services income dipped to $87M from higher Brazilian risk costs. Operating cash flow surged to $934M YTD, bolstering $2.5B cash against $27.4B debt, but net debt widened to $24.1B. Volumes remain pressured. Tariffs and trade barriers loom large.
8-K
Q2 revenues drop 14%
CNH Industrial reported Q2 2025 revenues of $4.7 billion, down 14% year-over-year, as lower industry demand and dealer destocking hammered agriculture sales by 17% to $3.25 billion and construction by 13% to $773 million. Adjusted EBIT for Industrial Activities plunged 55% to $224 million with margins shrinking to 5.6%, yet cost savings cushioned the blow while free cash flow surged to $451 million. Guidance holds firm: agriculture sales down 12-20%, margins 7-9%, and adjusted EPS $0.50-$0.70. Trade uncertainties loom large.
8-K
AGM approves dividend, directors
CNH Industrial shareholders overwhelmingly approved the 2024 financial statements and a $0.25 per common share dividend at the May 12, 2025 AGM, totaling about $312 million payable May 30. They also reappointed key directors like Gerrit Marx and boosted the Equity Incentive Plan by 20 million shares to align leadership with performance goals. Strong backing signals confidence in strategy. Yet dilution looms from new shares.
8-K
CNH unveils 2025 strategy
CNH Industrial kicks off its 2025 Investor Day today at the NYSE, with Chair Suzanne Heywood and CEO Gerrit Marx unveiling a new strategic business plan to sharpen product leadership and boost margins. Executives from agriculture, precision tech, construction, and finance will detail operations and major projects. The event highlights innovation in equipment and sustainability. Materials stay online for 90 days.
10-Q
Q1 FY2025 results
CNH Industrial's Q1 FY2025 net sales fell 23.2% year-over-year to $3.2B, driven by lower volumes in Agriculture (down 23.5% to $2.6B) and Construction (down 22.0% to $591M) amid softening demand and dealer destocking, though South America showed resilience with tractor demand up 10%. Adjusted EBIT of Industrial Activities dropped to $101M from $372M, yielding a 3.2% margin versus 9.0%, cushioned by better purchasing costs and SG&A cuts; diluted EPS held at $0.10, consistent with 1,253M shares. Cash from operations turned positive at $162M, but free cash flow (derived) was negative $24M after $106M capex, leaving cash at $1.7B and net debt at $23.5B with $6.2B undrawn facilities. No major M&A or impairments noted. Tariffs and trade barriers loom as a key risk, potentially hiking costs and curbing exports.
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