CNH Industrial N.V.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|
| Revenue | $27.70B | $25.10B | $25.91B | $32.56B | $33.84B | $32.80B | $33.48B |
| Cost of Revenue | $21.57B | $19.42B | $20.36B | $25.53B | $26.55B | $25.57B | $26.27B |
| Gross Profit | $6.13B | $5.68B | $5.56B | $7.02B | $7.29B | $7.23B | $7.21B |
| Gross Margin | 22.1% | 22.6% | 21.4% | 21.6% | 21.5% | 22.0% | 21.5% |
| Operating Expenses | |||||||
| Research & Development | $957.0M | $860.0M | $856.0M | $1.11B | $1.22B | $1.13B | $1.03B |
| SG&A Expense | $2.32B | $2.25B | $2.32B | $2.93B | $3.09B | $3.04B | $3.21B |
| Operating Income | $1.66B | $1.45B | $1.64B | $2.20B | $2.28B | $2.29B | $2.50B |
| Operating Margin | 6.0% | 5.8% | 6.3% | 6.8% | 6.7% | 7.0% | 7.5% |
| Interest Expense | $940.0M | $1.03B | $1.11B | $1.32B | $1.20B | $1.21B | $1.32B |
| Pretax Income | $659.0M | $-22.0M | $567.0M | $1.09B | $1.37B | $1.35B | $1.18B |
| Income Tax Expense | $457.0M | $297.0M | $360.0M | $467.0M | $671.0M | $564.0M | $652.0M |
| Net Income | $272.0M | $-264.0M | $253.0M | $710.0M | $677.0M | $756.0M | $545.0M |
| Net Margin | 1.0% | -1.1% | 1.0% | 2.2% | 2.0% | 2.3% | 1.6% |
| EPS (Basic) | $0.20 | $-0.19 | $0.19 | $0.52 | $0.54 | $0.62 | $0.42 |
| EPS (Diluted) | $0.20 | $-0.19 | $0.19 | $0.52 | $0.54 | $0.62 | $0.42 |
| Shares Outstanding (Basic) | 1.36B | 1.36B | 1.36B | 1.35B | 1.26B | 1.22B | — |
| Shares Outstanding (Diluted) | 1.37B | 1.36B | 1.36B | 1.36B | 1.26B | 1.22B | — |
| Dividends Per Share | $0.12 | $0.15 | $0.21 | $0.28 | $0.29 | $0.25 | — |