CNH Stock Analysis: CNH Industrial | NYSE

Farm & Heavy Construction Machinery | NYSE, USA | Market Cap: 13.925m USD | 12M Return: -21.3% | Charts, Fundamentals & Technical Analysis

Agricultural Equipment, Construction Equipment, Financing, Precision Agriculture
Total Rating 27
Safety 83
Buy Signal -0.35
Farm & Heavy Construction Machinery
Industry Rotation: +1.8
Market Cap: 13.9B
Avg Turnover: 113M
Risk 3d forecast
Volatility38.6%
VaR 5th Pctl6.44%
VaR vs Median1.19%
Reward TTM
Sharpe Ratio-0.59
Rel. Str. IBD22.7
Rel. Str. Peer Group25.6
Character TTM
Beta1.044
Beta Downside1.215
Hurst Exponent0.529
Drawdowns 3y
Max DD37.66%
CAGR/Max DD-0.19
CAGR/Mean DD-0.31
EPS (Earnings per Share) EPS (Earnings per Share) of CNH over the last years for every Quarter: "2021-06": 0.42, "2021-09": 0.36, "2021-12": 0.25, "2022-03": 0.28, "2022-06": 0.43, "2022-09": 0.41, "2022-12": 0.36, "2023-03": 0.35, "2023-06": 0.52, "2023-09": 0.42, "2023-12": 0.42, "2024-03": 0.33, "2024-06": 0.38, "2024-09": 0.24, "2024-12": 0.14, "2025-03": 0.1, "2025-06": 0.17, "2025-09": 0.08, "2025-12": 0.19, "2026-03": 0.01,
EPS CAGR: -42.69%
EPS Trend: -94.7%
Last SUE: -1.26
Qual. Beats: -1
Revenue Revenue of CNH over the last years for every Quarter: 2021-06: 8912, 2021-09: 4746, 2021-12: 9072, 2022-03: 4645, 2022-06: 6082, 2022-09: 5881, 2022-12: 6943, 2023-03: 5342, 2023-06: 6567, 2023-09: 5986, 2023-12: 6792, 2024-03: 4818, 2024-06: 5488, 2024-09: 4654, 2024-12: 4876, 2025-03: 3830, 2025-06: 4711, 2025-09: 4398, 2025-12: 5158, 2026-03: 3826,
Rev. CAGR: -13.93%
Rev. Trend: -95.6%
Last SUE: -0.52
Qual. Beats: 0

Warnings

High Debt/EBITDA With Thin Interest Coverage

Tailwinds

No distinct edge detected

Seasonality 10.5 years of data

Jan +4.8% 40
Feb +0.3% 0
Mar -4.2% 41
Apr -2.0% 37
May -1.3% 36
Jun +0.1% 0
Jul -0.6% 0
Aug -1.9% 49
Sep +0.0% 0
Oct +1.1% 26
Nov -0.4% 0
Dec +0.6% 25

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: CNH CNH Industrial

CNH Industrial N.V. (NYSE: CNH) is a global equipment manufacturer that develops, produces, and sells agricultural and construction machinery across North America, Europe, the Middle East, Africa, South America, and Asia Pacific. Founded in 1842 and headquartered in Basildon, United Kingdom, the company operates through three reporting segments: Agriculture, Construction, and Financial Services.

The Agriculture segment supplies tractors, harvesters, hay and forage equipment, seeding and planting machinery, self-propelled sprayers, and precision agriculture solutions under the Case IH, New Holland, STEYR, and Raven brands. The Construction segment offers excavators, crawler dozers, graders, wheel loaders, backhoe loaders, skid steer loaders, and compact track loaders marketed under the New Holland Construction, Case Construction, and Eurocomach brands. Demand in both segments is closely tied to cyclical drivers such as farm income, commodity prices, and infrastructure or construction activity.

The Financial Services segment supports equipment sales by providing retail financing to end-users, wholesale financing to dealers and distributors, revolving charge account financing, and trade receivables factoring under the Banco CNH brand. This captive finance arm is a common feature in the heavy-equipment industry, where financing availability is a key driver of unit sales and dealer competitiveness.

Headlines to Watch Out For
  • North American ag equipment demand softens on lower farm income
  • Construction segment margins expand on infrastructure spending tailwinds
  • Precision agriculture adoption accelerates via Raven brand integration
Piotroski VR-10 (Strict) 1.5
Net Income: 386.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.04 > 0.02 and ΔFCF/TA 0.15 > 1.0
NWC/Revenue: 139.3% < 20% (prev 143.7%; Δ -4.40% < -1%)
CFO/TA 0.06 > 3% & CFO 2.41b > Net Income 386.0m
Net Debt (24.9b) to EBITDA (2.68b): 9.29 < 3
Current Ratio: 6.92 > 1.5 & < 3
Outstanding Shares: last quarter (1.24b) vs 12m ago -0.72% < -2%
Gross Margin: 31.38% > 18% (prev 32.53%; Δ -1.15% > 0.5%)
Asset Turnover: 43.03% > 50% (prev 44.82%; Δ -1.79% > 0%)
Interest Coverage Ratio: 1.35 > 6 (EBIT TTM 2.03b / Interest Expense TTM 1.51b)
Altman Z'' 5.31
A: 0.60 (Total Current Assets 29.5b - Total Current Liabilities 4.26b) / Total Assets 42.0b
B: 0.25 (Retained Earnings 10.5b / Total Assets 42.0b)
C: 0.05 (EBIT TTM 2.03b / Avg Total Assets 42.0b)
D: 0.23 (Book Value of Equity 7.77b / Total Liabilities 34.2b)
Altman-Z'' = 5.31 = AAA
Beneish M -2.93
DSRI: 1.01 (Receivables 22.6b/23.4b, Revenue 18.1b/18.8b)
GMI: 1.04 (GM 32.53% / 31.38%)
AQI: 1.16 (AQ_t 0.21 / AQ_t-1 0.18)
SGI: 0.96 (Revenue 18.1b / 18.8b)
TATA: -0.05 (NI 386.0m - CFO 2.41b) / TA 42.0b)
Beneish M = -2.93 (Cap -4..+1) = A
What is the price of CNH shares?

As of July 03, 2026, the stock is trading at USD 10.72 with a total of 9,352,550 shares traded. Over the past week, the price has changed by -1.92%, over one month by -2.10%, over three months by +1.63% and over the past year by -21.34%.

Current recommended Stop Loss: 10.10 (which is 5.8% or 1.4 ATR below the current price).

Is CNH a buy, sell or hold?

CNH Industrial has received a consensus analysts rating of 4.05. Therefore, it is recommended to buy CNH.

  • StrongBuy: 8
  • Buy: 4
  • Hold: 7
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the CNH price?
Analysts Target Price 13.3 24.2%
CNH Industrial (CNH) - Fundamental Data Overview as of 02 July 2026
Market Cap USD = 13.9b (13.9b USD * 1.0 USD.USD)
P/E Trailing = 35.0938
P/E Forward = 26.455
P/S = 0.7696
P/B = 1.7916
P/EG = 0.6382
Revenue TTM = 18.1b USD
EBIT TTM = 2.03b USD
EBITDA TTM = 2.68b USD
Long Term Debt = 25.9b USD (from longTermDebt, last quarter)
Short Term Debt = 89.0m USD (from shortTermDebt, last fiscal year)
Debt = 26.5b USD (from shortLongTermDebtTotal, last quarter) + Leases 288.0m
Net Debt = 24.9b USD (calculated: Debt 26.5b - CCE 1.60b)
Enterprise Value = 38.8b USD (13.9b + Debt 26.5b - CCE 1.60b)
Interest Coverage Ratio = 1.35 (Ebit TTM 2.03b / Interest Expense TTM 1.51b)
EV/FCF = 21.09x (Enterprise Value 38.8b / FCF TTM 1.84b)
FCF Yield = 4.74% (FCF TTM 1.84b / Enterprise Value 38.8b)
FCF Margin = 10.17% (FCF TTM 1.84b / Revenue TTM 18.1b)
Net Margin = 2.13% (Net Income TTM 386.0m / Revenue TTM 18.1b)
Gross Margin = 31.38% ((Revenue TTM 18.1b - Cost of Revenue TTM 12.4b) / Revenue TTM)
Gross Margin QoQ = 31.91% (prev 29.45%)
Tobins Q-Ratio = 0.92 (Enterprise Value 38.8b / Total Assets 42.0b)
Interest Expense / Debt = 5.69% (Interest Expense 1.51b / Debt 26.5b)
Taxrate = 26.91% (141.0m / 524.0m)
NOPAT = 1.49b (EBIT 2.03b * (1 - 26.91%))
Current Ratio = 6.92 (Total Current Assets 29.5b / Total Current Liabilities 4.26b)
Debt / Equity = 3.41 (Debt 26.5b / totalStockholderEquity, last quarter 7.77b)
Debt / EBITDA = 9.29 (Net Debt 24.9b / EBITDA 2.68b)
Debt / FCF = 13.52 (Net Debt 24.9b / FCF TTM 1.84b)
Total Stockholder Equity = 7.74b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.92% (Net Income 386.0m / Total Assets 42.0b)
RoE = 4.99% (Net Income TTM 386.0m / Total Stockholder Equity 7.74b)
RoCE = 6.04% (EBIT 2.03b / Capital Employed (Equity 7.74b + L.T.Debt 25.9b))
RoIC = 4.02% (NOPAT 1.49b / Invested Capital 37.0b)
WACC = 6.06% (E(13.9b)/V(40.4b) * Re(9.66%) + D(26.5b)/V(40.4b) * Rd(5.69%) * (1-Tc(0.27)))
Discount Rate = 9.66% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -93.09 | Cagr: -3.06%
[DCF] Terminal Value 75.91% ; FCFF base≈1.81b ; Y1≈1.88b ; Y5≈2.11b
[DCF] Fair Price = 6.22 (EV 32.6b - Net Debt 24.9b = Equity 7.72b / Shares 1.24b; r=8.35% [WACC [floored]]; 5y FCF grow 3.60% → 2.50% )
EPS Correlation: -94.69 | EPS CAGR: -42.69% | SUE: -1.26 | # QB: -1
Revenue Correlation: -95.64 | Revenue CAGR: -13.93% | SUE: -0.52 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.11 | Chg30d=+1.01% | Revisions=+33% | Analysts=14
EPS current Year (2026-12-31): EPS=0.41 | Chg30d=-0.73% | Revisions=+14% | GrowthEPS=-26.0% | GrowthRev=-1.3%
EPS next Year (2027-12-31): EPS=0.73 | Chg30d=-0.98% | Revisions=-14% | GrowthEPS=+79.1% | GrowthRev=+7.1%
[Analyst] Revisions Ratio: +33%