CNH Industrial (CNH) Gross Margin (2013 - 2026)
CNH Industrial's (CNH) quarterly Gross Margin came in at 31.91% in Q1 2026, down 98.0% YoY from 1595.66% in Q1 2025, and up 7.99% on a QoQ basis from 29.55% in Q4 2025.
CNH Industrial (CNH) Gross Margin (2013 - 2026) Analysis & Trends
CNH Industrial (CNH) has 14 years of Gross Margin data on file, last reported at 31.91% in Q1 2026.
- Quarterly Gross Margin fell 98.0% year-over-year to 31.91% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 31.33% (down 116.0% YoY) and the FY2025 annual result came in at 31.53%, down 116.0% from the prior year.
- Gross Margin improved to 31.91% in Q1 2026, from 29.55% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 33.69% in Q1 2024 to a low of 28.03% in Q2 2022.
- A 5-year average of 31.27% and a median of 31.92% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin surged 401 bps — and 2025, when it sank 230 bps.
- Tracing CNH's Gross Margin over 5 years: stood at 28.3% in 2022, then grew by 9 bps to 30.73% in 2023, then rose by 4 bps to 31.85% in 2024, then declined by 7 bps to 29.55% in 2025, then climbed by 8 bps to 31.91% in 2026.
- The last three Gross Margin figures came in at 31.91% (Q1 2026), 29.55% (Q4 2025), and 31.92% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 389.08 Bn | 382.37 Bn | 7.76 Bn | 37.78% |
| 2 | Deere | 166.80 Bn | 158.89 Bn | 13.06 Bn | 97.71% |
| 3 | Paccar | 69.83 Bn | 61.16 Bn | 1.56 Bn | 20.64% |
| 4 | CNH Industrial | 13.18 Bn | 11.31 Bn | 1.41 Bn | 29.29% |
| 5 | Oshkosh | 9.73 Bn | 9.33 Bn | 480.30 Mn | 16.48% |
| 6 | Terex | 7.70 Bn | 7.30 Bn | 444.00 Mn | 19.84% |
| 7 | Agco | 7.22 Bn | 6.65 Bn | 645.90 Mn | 24.75% |
| 8 | Blue Bird | 2.27 Bn | 2.15 Bn | 103.37 Mn | 19.99% |
| 9 | Alamo | 2.05 Bn | 1.85 Bn | 110.86 Mn | 24.59% |
| 10 | Lindsay | 1.18 Bn | 1.03 Bn | 47.83 Mn | 30.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 29.29% |
| Mar 31, 2026 | 31.91% |
| Dec 31, 2025 | 29.55% |
| Sep 30, 2025 | 31.92% |
| Jun 30, 2025 | 32.24% |
| Mar 31, 2025 | 32.89% |
| Dec 31, 2024 | 31.85% |
| Sep 30, 2024 | 32.75% |
| Jun 30, 2024 | 32.54% |
| Mar 31, 2024 | 33.69% |
| Dec 31, 2023 | 30.73% |
| Sep 30, 2023 | 32.19% |
| Jun 30, 2023 | 32.04% |
| Mar 31, 2023 | 32.40% |
| Dec 31, 2022 | 28.30% |
| Sep 30, 2022 | 29.33% |
| Jun 30, 2022 | 28.03% |
| Mar 31, 2022 | 29.26% |
| Dec 31, 2021 | 26.19% |
| Sep 30, 2021 | 27.27% |