CNH Industrial Past Earnings Performance
Past criteria checks 4/6
CNH Industrial has been growing earnings at an average annual rate of 22.6%, while the Machinery industry saw earnings growing at 13% annually. Revenues have been declining at an average rate of 4.9% per year. CNH Industrial's return on equity is 28.9%, and it has net margins of 9.6%.
Key information
22.6%
Earnings growth rate
22.9%
EPS growth rate
| Machinery Industry Growth | 18.3% |
| Revenue growth rate | -4.9% |
| Return on equity | 28.9% |
| Net Margin | 9.6% |
| Next Earnings Update | 02 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How CNH Industrial makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 24,687 | 2,371 | 1,645 | 1,041 |
| 30 Sep 23 | 24,838 | 2,347 | 1,689 | 1,023 |
| 30 Jun 23 | 24,733 | 2,336 | 1,668 | 970 |
| 31 Mar 23 | 24,248 | 2,178 | 1,590 | 913 |
| 31 Dec 22 | 23,551 | 2,029 | 1,532 | 866 |
| 30 Sep 22 | 22,088 | 1,896 | 1,453 | 798 |
| 30 Jun 22 | 20,953 | 1,794 | 1,393 | 742 |
| 31 Mar 22 | 20,045 | 1,751 | 1,370 | 694 |
| 31 Dec 21 | 19,496 | 1,764 | 1,454 | 642 |
| 30 Sep 21 | 22,517 | 1,469 | 1,621 | 742 |
| 30 Jun 21 | 24,263 | 73 | 1,733 | 811 |
| 31 Mar 21 | 24,667 | -82 | 1,796 | 850 |
| 31 Dec 20 | 14,779 | -253 | 1,421 | 493 |
| 30 Sep 20 | 25,226 | -543 | 1,769 | 918 |
| 30 Jun 20 | 25,094 | 1,036 | 1,984 | 930 |
| 31 Mar 20 | 27,083 | 1,100 | 2,085 | 1,000 |
| 31 Dec 19 | 28,079 | 1,422 | 2,216 | 1,030 |
| 30 Sep 19 | 28,586 | 1,562 | 2,217 | 1,073 |
| 30 Jun 19 | 28,912 | 1,147 | 2,054 | 1,089 |
| 31 Mar 19 | 29,390 | 1,129 | 2,102 | 1,078 |
| 31 Dec 18 | 29,706 | 1,068 | 2,351 | 1,061 |
| 30 Sep 18 | 29,728 | 756 | 2,060 | 1,038 |
| 30 Jun 18 | 29,731 | 590 | 2,139 | 1,027 |
| 31 Mar 18 | 28,689 | 425 | 2,109 | 993 |
| 31 Dec 17 | 27,701 | 272 | 2,056 | 957 |
| 30 Sep 17 | 26,475 | 425 | 2,053 | 903 |
| 30 Jun 17 | 25,535 | 408 | 1,971 | 871 |
| 31 Mar 17 | 25,285 | 303 | 1,976 | 868 |
| 31 Dec 16 | 25,095 | -264 | 1,963 | 860 |
| 30 Sep 16 | 25,018 | -116 | 1,961 | 853 |
| 30 Jun 16 | 25,119 | -279 | 1,981 | 849 |
| 31 Mar 16 | 25,324 | -281 | 2,013 | 849 |
| 31 Dec 15 | 25,912 | 253 | 2,032 | 856 |
| 30 Sep 15 | 27,133 | 105 | 2,154 | 919 |
| 30 Jun 15 | 29,022 | 402 | 2,285 | 966 |
| 31 Mar 15 | 30,975 | 632 | 2,399 | 1,039 |
| 31 Dec 14 | 32,555 | 710 | 2,568 | 1,106 |
| 30 Sep 14 | 33,480 | 687 | 2,730 | 1,193 |
| 30 Jun 14 | 33,907 | 737 | 2,745 | 1,216 |
| 31 Mar 14 | 33,825 | 666 | 2,774 | 1,215 |
| 31 Dec 13 | 33,836 | 677 | 2,764 | 1,222 |
| 30 Sep 13 | 34,039 | 811 | 2,737 | 1,055 |
| 30 Jun 13 | 33,705 | 913 | 2,692 | 931 |
Quality Earnings: CNHI has high quality earnings.
Growing Profit Margin: CNHI's current net profit margins (9.6%) are higher than last year (8.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CNHI's earnings have grown significantly by 22.6% per year over the past 5 years.
Accelerating Growth: CNHI's earnings growth over the past year (16.9%) is below its 5-year average (22.6% per year).
Earnings vs Industry: CNHI earnings growth over the past year (16.9%) exceeded the Machinery industry 8.6%.
Return on Equity
High ROE: Whilst CNHI's Return on Equity (28.94%) is high, this metric is skewed due to their high level of debt.