CNHCNH Industrial N.V.

$11.40+4.9% 1Y

Is the business good?

Mixed

The checks split: nothing decisive, though returns that lean on debt.

1 to watch, 1 neutral, 2 without data
Margin direction, 3 years−0.8 pts

Positive operating leverage, operating profit is growing faster than sales, so margins widen as the business scales.

Where ROE comes from5.5× leverage

Leverage-amplified, a high assets-to-equity ratio does much of the work. ROE 6% = margin × turnover × leverage.

All from derived.

Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.

How good a business is CNH?

CNH Industrial N.V. keeps 1.7% of every revenue dollar as profit after everything, against 3.4% for the median Farm & Heavy Construction Machinery name.

1.7%

Net margin · Farm & Heavy Construction Machinery median 3.4% · 12 months to Q2 2026

Share count, year on year
−0.96%

Share count, year on year · flat: no meaningful dilution

R&D as % of revenue
6.0%

R&D as % of revenue

Gross margin
31%

Gross margin

Details›
Gross margin12 months to Q2 2026
31%
Net margin12 months to Q2 2026
1.7%
R&D as % of revenue
6.0%
Revenue, trailing twelve months
$18.2B
Net income, trailing twelve months
$311M

Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.