CNH Industrial N.V.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $18.10B | $19.84B | $24.69B | $23.55B | $19.50B | $14.78B | $28.08B | $29.71B |
| Cost of Revenue | $12.39B | $13.35B | $16.84B | $16.80B | $14.11B | $11.15B | $21.83B | $22.96B |
| Gross Profit | $5.71B | $6.49B | $7.85B | $6.75B | $5.39B | $3.63B | $6.25B | $6.75B |
| Gross Margin | 31.5% | 32.7% | 31.8% | 28.7% | 27.6% | 24.5% | 22.2% | 22.7% |
| Operating Expenses | ||||||||
| Research & Development | $1.03B | $924.0M | $1.04B | $866.0M | $642.0M | $493.0M | $1.03B | $1.06B |
| SG&A Expense | $1.88B | $1.71B | $1.86B | $1.75B | $1.45B | $1.30B | $2.22B | $2.35B |
| Operating Income | $620.0M | $1.46B | $4.05B | $3.42B | $2.49B | $481.0M | $1.97B | $2.28B |
| Operating Margin | 3.4% | 7.3% | 16.4% | 14.5% | 12.8% | 3.3% | 7.0% | 7.7% |
| Interest Expense | — | — | $1.35B | $734.0M | $549.0M | $660.0M | $798.0M | $812.0M |
| Pretax Income | $620.0M | $1.46B | $2.70B | $2.68B | $1.94B | $-179.0M | $1.17B | $1.47B |
| Income Tax Expense | $184.0M | $336.0M | $594.0M | $747.0M | $229.0M | $85.0M | $-271.0M | $417.0M |
| Net Income | $510.0M | $1.25B | $2.28B | $2.03B | $1.72B | $-493.0M | $1.42B | $1.07B |
| Net Margin | 2.8% | 6.3% | 9.2% | 8.6% | 8.8% | -3.3% | 5.1% | 3.6% |
| EPS (Basic) | $0.41 | $0.99 | $1.71 | $1.50 | $1.27 | $-0.36 | $1.05 | $0.79 |
| EPS (Diluted) | $0.41 | $0.99 | $1.69 | $1.49 | $1.27 | $-0.36 | $1.05 | $0.78 |
| Shares Outstanding (Basic) | 1.25B | 1.25B | 1.33B | 1.35B | 1.35B | 1.35B | 1.35B | 1.36B |
| Shares Outstanding (Diluted) | 1.25B | 1.26B | 1.35B | 1.36B | 1.36B | 1.35B | 1.35B | 1.36B |
| Dividends Per Share | $0.25 | $0.47 | $0.40 | $0.30 | $0.13 | $0.00 | $0.20 | $0.17 |