CNH Industrial (CNH) Gross Margin (2021 - 2026)
CNH Industrial (CNH) reported Gross Margin of 17.82% for Q1 2026, down 1507.0% on a YoY basis from 1.27% in Q1 2025, and down 64.02% quarter-over-quarter from 49.54% in Q4 2025.
CNH Industrial (CNH) Gross Margin (2021 - 2026) Analysis & Trends
CNH Industrial has reported Gross Margin for 6 years, with the latest figure at 17.82% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 1507.0% year-over-year to 17.82%; the trailing twelve-month figure through Mar 2026 stood at 31.33% (up 1772.0% YoY), and the FY2025 full-year result was 31.53%, up 979.0% from the prior year.
- Gross Margin for Q1 2026 stood at 17.82%, down from 49.54% in the prior quarter.
- The five-year high for Gross Margin was 49.54% in Q4 2025, with the low at 58.24% in Q4 2024.
- Historically, Gross Margin has averaged 19.39% across 5 years, with a median of 22.92% in 2024.
- Annual changes were most pronounced in 2024 — Gross Margin tumbled 4581 bps — and 2025, when it jumped 10778 bps.
- CNH Industrial's Gross Margin stood at 21.63% in 2022, then plunged by 157 bps to 12.43% in 2023, then tumbled by 369 bps to 58.24% in 2024, then jumped by 185 bps to 49.54% in 2025, then sank by 64 bps to 17.82% in 2026.
- The last three Gross Margin figures came in at 17.82% (Q1 2026), 49.54% (Q4 2025), and 19.1% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 397.22 Bn | 393.14 Bn | 6.11 Bn | 35.08% |
| 2 | Deere | 151.61 Bn | 143.71 Bn | 13.06 Bn | 97.71% |
| 3 | Paccar | 60.18 Bn | 59.49 Bn | 1.36 Bn | 20.07% |
| 4 | Oshkosh | 8.00 Bn | 7.75 Bn | 311.90 Mn | 13.46% |
| 5 | Terex | 5.74 Bn | 5.35 Bn | 206.00 Mn | 11.88% |
| 6 | Blue Bird | 2.18 Bn | 1.91 Bn | 70.65 Mn | 20.03% |
| 7 | Alamo | 1.82 Bn | 1.62 Bn | 104.81 Mn | 25.12% |
| 8 | Lindsay | 1.21 Bn | 1.02 Bn | 42.35 Mn | 27.38% |
| 9 | Astec Industries | 1.14 Bn | 1.06 Bn | 99.10 Mn | 25.01% |
| 10 | CNH Industrial | - | - | 565.00 Mn | 17.82% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.82% |
| Dec 31, 2025 | 49.54% |
| Sep 30, 2025 | 19.10% |
| Jun 30, 2025 | 20.62% |
| Mar 31, 2025 | 32.89% |
| Dec 31, 2024 | -58.24% |
| Sep 30, 2024 | 21.69% |
| Jun 30, 2024 | 22.92% |
| Mar 31, 2024 | 33.69% |
| Dec 31, 2023 | -12.43% |
| Sep 30, 2023 | 32.19% |
| Jun 30, 2023 | 25.04% |
| Mar 31, 2023 | 24.39% |
| Dec 31, 2022 | 21.63% |
| Sep 30, 2022 | 29.33% |
| Jun 30, 2022 | 28.03% |
| Mar 31, 2022 | 21.39% |
| Dec 31, 2021 | 26.19% |
| Sep 30, 2021 | 20.39% |