CNH Industrial (CNH) Non Operating Interest Expenses (2013 - 2024)
CNH Industrial (CNH) recorded Non Operating Interest Expenses of $378 million in Q3 2024, up 9.2% from $346 million a year earlier but down 9.6% from the prior quarter.
CNH Industrial (CNH) Non Operating Interest Expenses (2013 - 2024) Analysis & Trends
On a TTM basis, CNH Industrial's Non Operating Interest Expenses came in at $1.59 billion as of Sep 30, 2024, up 34.5% year-over-year; for FY2023, it was $1.35 billion, up 83.2% from FY2022.
- Annual Non Operating Interest Expenses has a five-year compound annual growth rate of 10.6% (FY2018 to FY2023).
- Across earlier years, Non Operating Interest Expenses came in at $734 million in FY2022 (+33.7%), $549 million in FY2021 (-16.8%), $660 million in FY2020 (-17.3%) and $798 million in FY2019 (-1.7%).
- Quarterly Non Operating Interest Expenses has ranged from $127 million in Q3 2021 to $418 million in Q2 2024 over the past five years.
- On a year-over-year basis, Non Operating Interest Expenses has increased for ten consecutive quarters, with growth averaging 64.1% over the last eight quarters.
- Peak year-over-year performance for Non Operating Interest Expenses in the last five years was growth of 99.4% in Q2 2023, against a decline of 35.1% in Q4 2020 at the low end.
- Per Business Quant, the preceding three quarters came in at $418 million (Q2 2024), $394 million (Q1 2024) and $404 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 379.87 Bn | 351.57 Bn | 7.76 Bn | 135.00 Mn |
| 2 | Amphenol | 211.41 Bn | 206.11 Bn | 3.55 Bn | 213.70 Mn |
| 3 | Deere | 179.93 Bn | 188.69 Bn | 4.66 Bn | 710.00 Mn |
| 4 | Eaton | 169.93 Bn | 167.16 Bn | 2.86 Bn | 201.00 Mn |
| 5 | Parker-Hannifin | 121.78 Bn | 119.91 Bn | 2.25 Bn | 95.00 Mn |
| 6 | Vertiv Holdings | 94.75 Bn | 85.37 Bn | 1.23 Bn | 17.40 Mn |
| 7 | Emerson Electric | 88.42 Bn | 81.17 Bn | 2.66 Bn | - |
| 8 | 3M | 84.08 Bn | 65.54 Bn | 2.68 Bn | - |
| 9 | Illinois Tool Works | 74.29 Bn | 70.85 Bn | 1.90 Bn | 79.00 Mn |
| 10 | CNH Industrial | 15.90 Bn | 7.61 Bn | 1.41 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 378.00 Mn |
| Jun 30, 2024 | 418.00 Mn |
| Mar 31, 2024 | 394.00 Mn |
| Dec 31, 2023 | 404.00 Mn |
| Sep 30, 2023 | 346.00 Mn |
| Jun 30, 2023 | 323.00 Mn |
| Mar 31, 2023 | 272.00 Mn |
| Dec 31, 2022 | 244.00 Mn |
| Sep 30, 2022 | 190.00 Mn |
| Jun 30, 2022 | 162.00 Mn |
| Mar 31, 2022 | 138.00 Mn |
| Dec 31, 2021 | 132.00 Mn |
| Sep 30, 2021 | 127.00 Mn |
| Jun 30, 2021 | 137.00 Mn |
| Mar 31, 2021 | 153.00 Mn |
| Dec 31, 2020 | 148.00 Mn |
| Sep 30, 2020 | 161.00 Mn |
| Jun 30, 2020 | 170.00 Mn |
| Mar 31, 2020 | 181.00 Mn |
| Dec 31, 2019 | 228.00 Mn |
CNH Industrial Non Operating Interest Expenses 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=non-operating-interest-expenses&ticker=CNH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "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=non-operating-interest-expenses&ticker=CNH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();