CNH Industrial N.V. (CNH) Revenue History
Annual and quarterly revenue from 2004 to present
CNH Revenue Over Time (2004–2025)
CNH Revenue Growth History
13 of 21 years with positive growth- FY2004 revenue growth
- N/A
- FY2005 revenue growth
- +3.3%
- FY2006 revenue growth
- +3.4%
- FY2007 revenue growth
- +22.8%
- FY2008 revenue growth
- +15.7%
- FY2009 revenue growth
- -25.5%
- FY2010 revenue growth
- +13.4%
- FY2011 revenue growth
- +22.9%
- FY2012 revenue growth
- +71.0%
- FY2013 revenue growth
- +3.2%
- FY2014 revenue growth
- -3.8%
- FY2015 revenue growth
- -20.4%
- FY2016 revenue growth
- -3.2%
- FY2017 revenue growth
- +10.4%
- FY2018 revenue growth
- +7.3%
- FY2019 revenue growth
- -5.5%
- FY2020 revenue growth
- -47.4%
- FY2021 revenue growth
- +31.9%
- FY2022 revenue growth
- +20.8%
- FY2023 revenue growth
- +4.8%
- FY2024 revenue growth
- -19.7%
- FY2025 revenue growth
- -8.8%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $3.83B | -0.1% |
| Q4 2025 | $5.16B | +5.8% |
| Q3 2025 | $4.40B | -5.5% |
| Q2 2025 | $4.71B | -14.2% |
| Q1 2025 | $3.83B | -20.5% |
| Q4 2024 | $4.88B | -28.2% |
| Q3 2024 | $4.65B | -22.3% |
| Q2 2024 | $5.49B | -16.4% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
CNH's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
CNH Revenue Analysis (2004–2025)
Current Revenue & Growth
As of June 21, 2026, CNH Industrial N.V. (CNH) generated trailing twelve-month (TTM) revenue of $18.09 billion, reflecting slight decline in growth of -0.1% year-over-year. The most recent quarter (Q1 2026) recorded $3.83 billion in revenue, down 25.8% sequentially.
Historical Growth Trajectory
CNH's 5-year compound annual growth rate (CAGR) stands at +4.1%, indicating moderate growth over time. The 3-year CAGR of -8.4% is below the 5-year average, signalling a growth deceleration in recent years. CNH Industrial N.V.'s highest annual revenue of $33.84 billion was recorded in 2013.
Revenue by Segment
CNH's revenue is primarily driven by Agricultural Equipment (81%), and Construction Equipment (19%). With over half of revenue concentrated in Agricultural Equipment, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Industrials sector peers — including DE (+5.4% YoY), AGCO (-3.8% YoY), and CAT (+11.8% YoY) — CNH has outperformed the peer group in revenue growth. Compare CNH vs DE →
CNH Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CNHCurrent | $18.1B | -0.1% | +4.1% | 15.4% | |
 DE | $44.7B | +5.4% | +5.2% | 18.8% | |
 AGCO | $10.1B | -3.8% | +2.0% | 6.9% | |
 CAT | $67.6B | +11.8% | +10.1% | 16.6% | |
 PCAR | $28.4B | -15.8% | +8.7% | 10.4% | |
 CMI | $33.7B | +0.1% | +11.2% | 11.5% |
CNH Historical Revenue Data (2004–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $18.10B | -8.8% | $5.69B | 31.4% | $2.79B | 15.4% |
| 2024 | $19.84B | -19.7% | $6.49B | 32.7% | $3.85B | 19.4% |
| 2023 | $24.69B | +4.8% | $7.85B | 31.8% | $4.95B | 20.0% |
| 2022 | $23.55B | +20.8% | $6.97B | 29.6% | $4.36B | 18.5% |
| 2021 | $19.49B | +31.9% | $5.40B | 27.7% | $3.30B | 16.9% |
| 2020 | $14.78B | -47.4% | $3.63B | 24.5% | $1.84B | 12.4% |
| 2019 | $28.08B | -5.5% | $6.32B | 22.5% | $3.32B | 11.8% |
| 2018 | $29.71B | +7.3% | $6.48B | 21.8% | $3.33B | 11.2% |
| 2017 | $27.70B | +10.4% | $5.87B | 21.2% | $2.90B | 10.5% |
| 2016 | $25.09B | -3.2% | $5.04B | 20.1% | $1.92B | 7.6% |
| 2015 | $25.91B | -20.4% | $5.55B | 21.4% | $2.38B | 9.2% |
| 2014 | $32.55B | -3.8% | $5.75B | 17.7% | $2.85B | 8.7% |
| 2013 | $33.84B | +3.2% | $7.29B | 21.5% | $2.86B | 8.4% |
| 2012 | $32.80B | +71.0% | $7.23B | 22.0% | $3.07B | 9.4% |
| 2011 | $19.18B | +22.9% | $4.45B | 23.2% | $2.08B | 10.8% |
Full Stock Analysis
Deep dive into CNH consensus models and risk factors.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
22+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
CNH — Frequently Asked Questions
Quick answers to the most common questions about buying CNH stock.
Is CNH's revenue growth accelerating or slowing?
CNH revenue growth is slowing. TTM revenue is $18.1B, up -0.1% year-over-year — below the 5-year CAGR of +4.1%. The deceleration suggests maturing end-markets or increased competition.
What is CNH's revenue history from 2004 to 2026?
CNH Industrial N.V. (CNH) revenue history spans 2004 to 2026. TTM revenue as of 2026 is $18.1B, growing at -0.1% YoY. The 5-year CAGR is +4.1%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is CNH's long-term revenue growth rate (CAGR)?
CNH Industrial N.V.'s 5-year revenue CAGR of +4.1% reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of -0.1% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for CNH.
Why does CNH's quarterly revenue fluctuate?
CNH quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. CNH Industrial N.V.'s revenue data from 2004 to 2026 shows full historical quarterly detail on this page.
How is CNH's revenue distributed by segment?
CNH reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does CNH's revenue compare to industry peers?
CNH Industrial N.V. (CNH) with TTM revenue of $18.1B and -0.1% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.