CNH Industrial N.V. (CNH) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 29.47B | 31.41B | 31.77B | 32.21B | 30.98B | 32.02B | 32.93B | 32.94B | 34.65B | 35.35B | 32.8B | 32.33B | 30.38B | 29.67B | 26.5B | 26.06B | 26.09B | 39.17B | 33.98B | 35.31B |
| Cash & Short-Term Investments | 1.6B | 3.23B | 2.3B | 2.51B | 1.7B | 3.19B | 1.8B | 2B | 3.24B | 4.32B | 2.98B | 3.19B | 3.21B | 4.38B | 3.15B | 2.85B | 3.22B | 5.04B | 7.15B | 7.82B |
| Cash Only | 1.6B | 3.23B | 2.3B | 2.51B | 1.7B | 3.19B | 1.8B | 2B | 3.24B | 4.32B | 2.98B | 3.19B | 3.21B | 4.38B | 3.15B | 2.85B | 3.22B | 5.04B | 7.15B | 7.82B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 22.63B | 23.53B | 23.46B | 23.85B | 23.43B | 23.38B | 24.55B | 24.34B | 24.5B | 24.76B | 22.67B | 21.99B | 20.39B | 19.73B | 17.32B | 17B | 16.6B | 15.57B | 18.38B | 19.25B |
| Days Sales Outstanding | 542.86 | 419.02 | 494.83 | 456.63 | 549.94 | 452.13 | 483.25 | 405 | 465.27 | 321.23 | 343.19 | 293.63 | 337.95 | 245.5 | 268.52 | 251.39 | 311.63 | 172.15 | 364.75 | 191.42 |
| Inventory | 5.23B | 4.65B | 5.35B | 5.22B | 5.16B | 4.78B | 5.93B | 5.95B | 6.19B | 5.54B | 6.45B | 6.41B | 5.98B | 4.81B | 5.36B | 5.47B | 5.43B | 4.22B | 7.69B | 7.47B |
| Days Inventory Outstanding | 170.76 | 126.46 | 163.2 | 147.85 | 174.52 | 148.2 | 174.61 | 149.21 | 167.1 | 117.24 | 145.72 | 126.36 | 134.51 | 94.01 | 119.93 | 113.31 | 132.06 | 76.94 | 201.99 | 93.23 |
| Other Current Assets | 0 | 0 | 653M | 635M | 703M | 675M | 649M | 645M | 723M | 723M | 706M | 731M | 792M | 753M | 660M | 729M | 842M | 14.35B | 765M | 764M |
| Total Non-Current Assets | 8.46B | 11.34B | 11.49B | 11.47B | 11.07B | 10.91B | 11.11B | 11.02B | 11.07B | 10.91B | 10.24B | 10.36B | 10.19B | 9.71B | 9.34B | 9.59B | 10.4B | 10.24B | 13.71B | 13.92B |
| Property, Plant & Equipment | 3.79B | 3.77B | 3.73B | 3.7B | 3.5B | 3.4B | 3.39B | 3.26B | 3.28B | 3.33B | 3.13B | 3.1B | 3.04B | 3.03B | 2.94B | 3.04B | 3.14B | 3.21B | 6.41B | 6.58B |
| Fixed Asset Turnover | 1.01x | 1.37x | 1.18x | 1.31x | 1.11x | 1.44x | 1.40x | 1.68x | 1.46x | 2.10x | 1.92x | 2.14x | 1.76x | 2.32x | 1.96x | 1.97x | 1.46x | 1.89x | 0.73x | 1.31x |
| Goodwill | 3.61B | 3.62B | 3.61B | 3.62B | 3.59B | 3.58B | 3.62B | 3.6B | 3.6B | 3.61B | 3.49B | 3.49B | 3.51B | 3.32B | 3.23B | 3.26B | 3.22B | 3.21B | 1.92B | 1.93B |
| Intangible Assets | 4.68B | 1.09B | 1.19B | 1.24B | 1.23B | 1.22B | 1.25B | 1.25B | 1.26B | 1.29B | 1.24B | 1.23B | 1.2B | 1.13B | 1.16B | 1.18B | 1.18B | 1.21B | 776M | 763M |
| Long-Term Investments | 427M | 579M | 508M | 505M | 471M | 490M | 532M | 615M | 559M | 479M | 477M | 405M | 357M | 385M | 327M | 319M | 317M | 333M | 852M | 968M |
| Other Non-Current Assets | -1.66B | 1.08B | 1.43B | 1.36B | 1.3B | 1.29B | 1.36B | 1.35B | 1.39B | 1.22B | 1.2B | 1.55B | 1.64B | 1.41B | 1.33B | 1.4B | 2.11B | 1.86B | 2.38B | 2.27B |
| Total Assets | 42.04B | 42.75B | 43.26B | 43.69B | 42.06B | 42.93B | 44.03B | 43.96B | 45.73B | 46.27B | 43.04B | 42.69B | 40.57B | 39.38B | 35.84B | 35.65B | 36.48B | 49.42B | 47.69B | 49.22B |
| Asset Turnover | 0.09x | 0.12x | 0.10x | 0.11x | 0.09x | 0.11x | 0.11x | 0.12x | 0.10x | 0.15x | 0.14x | 0.16x | 0.13x | 0.18x | 0.16x | 0.17x | 0.11x | 0.19x | 0.10x | 0.19x |
| Asset Growth % | -0.05% | -0.43% | -1.76% | -0.62% | -8.02% | -7.21% | 2.3% | 2.98% | 12.72% | 17.49% | 20.08% | 19.75% | 11.19% | -20.31% | -24.84% | -27.58% | -21.88% | 1.43% | 5.82% | 9.34% |
| Total Current Liabilities | 0 | 4.05B | 4.03B | 4.12B | 3.89B | 14.8B | 4.17B | 4.69B | 5.24B | 17.46B | 5.6B | 5.95B | 5.7B | 5.63B | 4.66B | 5.06B | 5.36B | 17.72B | 9.94B | 10.81B |
| Accounts Payable | 0 | 2.34B | 2.28B | 2.42B | 2.22B | 2.29B | 2.41B | 2.91B | 3.23B | 3.61B | 3.57B | 3.94B | 3.9B | 3.7B | 3.31B | 3.6B | 3.72B | 3.53B | 6.27B | 7.1B |
| Days Payables Outstanding | - | 58.34 | 72.48 | 66.04 | 79.21 | 65.08 | 78.19 | 75.42 | 97.35 | 70.25 | 85.12 | 79.87 | 94.7 | 64.81 | 76.54 | 76.12 | 99.28 | 63.37 | 178.24 | 88.14 |
| Short-Term Debt | 0 | 89M | 0 | 0 | 0 | 10.84B | 0 | 0 | 0 | 11.48B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.06B | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 112M | 93M | 85M | 72M | 66M | 59M | 55M | 50M | 43M | 40M | 37M | 33M | 26M | 26M | 22M | 20M | 1.39B | 1.39B |
| Other Current Liabilities | 0 | 843M | 444M | 399M | 317M | 376M | 443M | 449M | 415M | 524M | 511M | 481M | 410M | 535M | 424M | 416M | 431M | 2.38B | 880M | 812M |
| Current Ratio | - | 7.75x | 7.88x | 7.81x | 7.96x | 2.16x | 7.89x | 7.02x | 6.61x | 2.02x | 5.86x | 5.44x | 5.33x | 5.27x | 5.69x | 5.15x | 4.86x | 2.21x | 3.42x | 3.27x |
| Quick Ratio | - | 6.60x | 6.55x | 6.55x | 6.64x | 1.84x | 6.47x | 5.75x | 5.43x | 1.71x | 4.71x | 4.36x | 4.28x | 4.41x | 4.54x | 4.07x | 3.85x | 1.97x | 2.64x | 2.58x |
| Cash Conversion Cycle | - | 487.14 | 585.55 | 538.44 | 645.25 | 535.26 | 579.67 | 478.79 | 535.02 | 368.23 | 403.79 | 340.12 | 377.76 | 274.69 | 311.91 | 288.58 | 344.4 | 185.72 | 388.5 | 196.51 |
| Total Non-Current Liabilities | 15M | 30.87B | 31.39B | 31.73B | 30.21B | 20.36B | 32.09B | 31.6B | 32.47B | 20.66B | 29.33B | 29.11B | 27.41B | 26.77B | 24.78B | 24.75B | 25.47B | 24.84B | 31.46B | 32.34B |
| Long-Term Debt | 0 | 26.76B | 27.13B | 27.41B | 26.01B | 16.04B | 27.3B | 26.81B | 27.78B | 15.85B | 24.96B | 24.87B | 23.55B | 22.96B | 20.92B | 20.82B | 21.34B | 20.9B | 23.75B | 24.51B |
| Capital Lease Obligations | 0 | 183M | 287M | 286M | 284M | 282M | 302M | 297M | 318M | 300M | 241M | 231M | 220M | 228M | 215M | 227M | 192M | 196M | 402M | 431M |
| Deferred Tax Liabilities | 15M | 17M | 33M | 36M | 34M | 28M | 36M | 44M | 39M | 35M | 26M | 37M | 44M | 85M | 134M | 116M | 127M | 125M | 94M | 106M |
| Other Non-Current Liabilities | 0 | 3.79B | 3.94B | 4B | 3.88B | 4.01B | 4.45B | 4.46B | 4.34B | 4.47B | 4.1B | 3.97B | 3.6B | 3.5B | 3.51B | 3.59B | 3.81B | 3.63B | 5.83B | 5.9B |
| Total Liabilities | 34.17B | 34.92B | 35.42B | 35.85B | 34.1B | 35.16B | 36.26B | 36.3B | 37.71B | 38.12B | 34.93B | 35.06B | 33.12B | 32.41B | 29.43B | 29.8B | 30.83B | 42.56B | 41.4B | 43.15B |
| Total Debt | 0 | 27.03B | 27.41B | 27.69B | 26.29B | 27.16B | 27.6B | 27.11B | 28.1B | 27.63B | 25.2B | 25.1B | 23.77B | 23.19B | 21.14B | 21.04B | 21.53B | 31.16B | 24.15B | 24.94B |
| Net Debt | -1.6B | 23.8B | 25.11B | 25.18B | 24.6B | 23.97B | 25.8B | 25.1B | 24.86B | 23.3B | 22.22B | 21.91B | 20.56B | 18.81B | 17.98B | 18.19B | 18.31B | 26.11B | 17B | 17.12B |
| Debt / Equity | - | 3.45x | 3.50x | 3.54x | 3.30x | 3.50x | 3.55x | 3.54x | 3.51x | 3.39x | 3.11x | 3.29x | 3.19x | 3.32x | 3.30x | 3.60x | 3.81x | 4.55x | 3.84x | 4.11x |
| Debt / EBITDA | - | 30.79x | 36.65x | 28.29x | 30.97x | 25.82x | 26.75x | 21.88x | 24.82x | 18.64x | 18.74x | 16.87x | 19.91x | 17.73x | 17.25x | 17.48x | 23.05x | 26.58x | 22.45x | 18.05x |
| Net Debt / EBITDA | -2.32x | 27.11x | 33.57x | 25.72x | 28.97x | 22.79x | 25.00x | 20.26x | 21.96x | 15.72x | 16.52x | 14.72x | 17.22x | 14.38x | 14.68x | 15.11x | 19.60x | 22.28x | 15.80x | 12.39x |
| Interest Coverage | 1.44x | 1.85x | 1.48x | 2.29x | 1.79x | 1.57x | 1.95x | 2.09x | 2.02x | 2.43x | 2.91x | 3.59x | 3.30x | 3.86x | 4.84x | 5.65x | 4.43x | 2.35x | 6.52x | 7.58x |
| Total Equity | 7.87B | 7.83B | 7.84B | 7.83B | 7.96B | 7.77B | 7.77B | 7.66B | 8.01B | 8.15B | 8.12B | 7.63B | 7.45B | 6.98B | 6.41B | 5.84B | 5.66B | 6.85B | 6.29B | 6.07B |
| Equity Growth % | -1.14% | 0.73% | 0.88% | 2.24% | -0.66% | -4.69% | -4.26% | 0.42% | 7.53% | 16.83% | 26.62% | 30.58% | 31.74% | 1.79% | 1.86% | -3.8% | 2.72% | 36.27% | 30% | 1.86% |
| Book Value per Share | 6.32 | 6.28 | 6.25 | 6.25 | 6.35 | 6.20 | 6.20 | 6.08 | 6.29 | 6.11 | 6.01 | 5.63 | 5.48 | 5.13 | 4.73 | 4.30 | 4.15 | 5.06 | 4.62 | 4.46 |
| Total Shareholders' Equity | 7.87B | 7.73B | 7.73B | 7.71B | 7.84B | 7.65B | 7.64B | 7.54B | 7.89B | 8.03B | 7.99B | 7.5B | 7.32B | 6.93B | 6.35B | 5.79B | 5.6B | 6.78B | 6.23B | 5.93B |
| Common Stock | 25M | 25M | 25M | 25M | 25M | 25M | 25M | 25M | 25M | 25M | 25M | 25M | 25M | 25M | 25M | 25M | 25M | 25M | 25M | 25M |
| Retained Earnings | 10.51B | 10.51B | 10.42B | 10.34B | 10.44B | 10.31B | 10.14B | 9.99B | 10.15B | 9.65B | 9.13B | 8.57B | 8.39B | 7.91B | 7.31B | 6.75B | 6.62B | 4.82B | 4.51B | 4.2B |
| Treasury Stock | 0 | -1.42B | -1.39B | -1.34B | -1.36B | -1.39B | -1.38B | -1.32B | -1.28B | -865M | -437M | -382M | -301M | -230M | -193M | -121M | -105M | -84M | -105M | -105M |
| Accumulated OCI | -2.7B | -2.77B | -2.71B | -2.69B | -2.65B | -2.71B | -2.56B | -2.56B | -2.42B | -2.36B | -2.3B | -2.25B | -2.32B | -2.28B | -2.26B | -2.32B | -2.37B | -2.44B | -2.63B | -2.6B |
| Minority Interest | 56M | 95M | 105M | 121M | 120M | 117M | 126M | 124M | 120M | 120M | 130M | 130M | 127M | 49M | 55M | 55M | 54M | 75M | 59M | 146M |