CNH Industrial (CNH) Gross Margin (2013 - 2026)
CNH Industrial's Gross Margin came in at 29.29% for Q2 2026, down 2.95 percentage points from 32.24% a year earlier and down 2.62 percentage points from the prior quarter.
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Analysis
CNH Industrial (CNH) Gross Margin (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, CNH Industrial reported Gross Margin of 30.55%, down 1.85 percentage points year-over-year; for FY2025, it came in at 31.53%, down 1.16 percentage points from FY2024.
- Gross Margin carries a five-year change of +6.99 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 32.70% in FY2024 (+0.90 pp), 31.79% in FY2023 (+3.12 pp), 28.68% in FY2022 (+1.05 pp) and 27.63% in FY2021 (+3.09 pp).
- The Q2 2026 figure represents the lowest quarterly Gross Margin since Q4 2022.
- Year-over-year, Gross Margin has declined for six consecutive quarters, with an average year-over-year change of -0.81 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q3 2021 (a gain of 7.02 percentage points), and the weakest in Q2 2026 (a drop of 2.95 percentage points).
- Business Quant data shows CNH's Gross Margin at 31.91% (Q1 2026), 29.55% (Q4 2025) and 31.92% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 37.78% |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 40.51% |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 36.94% |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 33.47% |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 39.04% |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 37.71% |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 54.48% |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 41.28% |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 44.13% |
| 10 | CNH Industrial | 16.42 Bn | 8.13 Bn | 1.41 Bn | 29.29% |
Historic Data
Download Data
Historic 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% |
API Access
CNH Industrial Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CNH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CNH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CNH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();