CNH Industrial NV (STU:37C) Gross Margin %: 31.91% (As of Mar. 2026) — 22% Above Median


STU:37C CNH Industrial NV STU:37C
68 GF Score
Price €9.08
GF Value €8.82
Valuation Fairly Valued
! 6 Warning Signs
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What is CNH Industrial NV Gross Margin %?

CNH Industrial NV STU:37C +3.06% 68 Gross Margin % is 31.91% as of Mar. 2026, which is 22% above its 10-year median of 26.09. GuruFocus rates STU:37C with a GF Score™ of 68/100 and a GF Value™ of €8.82 (Fairly Valued). The stock has 6 warning signs investors should review. Among 210 Farm & Heavy Construction Machinery companies, CNH Industrial NV ranks better than 71.43% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. CNH Industrial NV's Gross Profit for the three months ended in Mar. 2026 was €1,056 Mil. CNH Industrial NV's Revenue for the three months ended in Mar. 2026 was €3,309 Mil. Therefore, CNH Industrial NV's Gross Margin % for the quarter that ended in Mar. 2026 was 31.91%.


The historical rank and industry rank for CNH Industrial NV's Gross Margin % or its related term are showing as below:

STU:37C' s Gross Margin % Range Over the Past 10 Years
Min: 22.13   Med: 26.09   Max: 32.7
Current: 31.33


During the past 13 years, the highest Gross Margin % of CNH Industrial NV was 32.70%. The lowest was 22.13%. And the median was 26.09%.

STU:37C's Gross Margin % is ranked better than
71.43% of 210 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 25.595 vs STU:37C: 31.33

CNH Industrial NV had a gross margin of 31.91% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for CNH Industrial NV was 5.50% per year.


CNH Industrial NV  (STU:37C) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

CNH Industrial NV had a gross margin of 31.91% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


CNH Industrial NV Gross Margin % Related Terms


CNH Industrial NV Gross Margin % Historical Data

* Premium members only.

The historical data trend for CNH Industrial NV's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CNH Industrial NV Gross Margin % Chart

CNH Industrial NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.63 28.68 31.79 32.70 31.53

CNH Industrial NV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.89 32.24 31.92 29.55 31.91

STU:37C vs AGCO, OSK, TEX: Gross Margin % Comparison

For the Farm & Heavy Construction Machinery subindustry, CNH Industrial NV's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CNH Industrial NV Gross Margin % vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, CNH Industrial NV's Gross Margin % distribution charts can be found below:

* The bar in red indicates where CNH Industrial NV's Gross Margin % falls into.


STU:37C
68GF Score
CNH Industrial NV STU:37C
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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CNH Industrial NV Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

CNH Industrial NV's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=4872.9 / 15453.13
=(Revenue - Cost of Goods Sold) / Revenue
=(15453.13 - 10580.206) / 15453.13
=31.53 %

CNH Industrial NV's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=1056.2 / 3309.49
=(Revenue - Cost of Goods Sold) / Revenue
=(3309.49 - 2253.325) / 3309.49
=31.91 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 31.91% mean?
CNH Industrial NV (STU:37C) has a Gross Margin % of 31.91% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on CNH Industrial NV and its competitors. This is 22% above median its historical median of 26.09. Over the past decade, CNH Industrial NV's Gross Margin % has ranged from 22.13 to 32.70. According to the industry distribution chart, CNH Industrial NV ranks #60 out of 210 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 28.6%.
Is CNH Industrial NV's Gross Margin % too high?
CNH Industrial NV's current Gross Margin % of 31.91% is 22% above median its 10-year median of 26.09. Over the past 10 years, this metric has ranged from a low of 22.13 to a high of 32.70. The Farm & Heavy Construction Machinery industry median Gross Margin % is 25.60. CNH Industrial NV's value of 31.91% is 24.7% above this industry median. Based on the distribution chart, CNH Industrial NV ranks #60 out of 210 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, CNH Industrial NV has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CNH Industrial NV's Gross Margin % compare to AGCO and OSK?
According to the Farm & Heavy Construction Machinery industry distribution chart, CNH Industrial NV ranks #60 out of 210 companies for Gross Margin %. This puts CNH Industrial NV in the upper half of its industry. The industry median Gross Margin % is 25.60. CNH Industrial NV's value of 31.91% is 24.7% above this benchmark. Historically, CNH Industrial NV's own Gross Margin % has ranged from 22.13 to 32.70 over the past decade. While the company's 10-year median is 26.09 vs. the industry median of 25.60, CNH Industrial NV has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Farm & Heavy Construction Machinery company?
The median Gross Margin % among Farm & Heavy Construction Machinery companies is 25.60, based on 210 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CNH Industrial NV's current Gross Margin % of 31.91% is 24.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on CNH Industrial NV and its competitors. For the Farm & Heavy Construction Machinery industry, the median Gross Margin % is 25.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CNH Industrial NV's current Gross Margin % is 31.91%, which is 22% above median its own 10-year median of 26.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CNH Industrial NV stock overvalued right now?
Based on GuruFocus' analysis, CNH Industrial NV (STU:37C) is currently considered Fairly Valued. The stock's GF Value™ is €8.82, compared to a current price of €9.08 — trading 2.9% above its estimated fair value. The current Gross Margin % is 31.91%, which is 22% above median its 10-year median of 26.09 and 24.7% above the Farm & Heavy Construction Machinery industry median of 25.60. CNH Industrial NV's overall GF Score™ is 68/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For CNH Industrial NV (STU:37C), the current Gross Margin % is 31.91% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CNH Industrial NV (STU:37C) Overvalued in 2026?

Based on GuruFocus' analysis, CNH Industrial NV stock appears to be overvalued. The current stock price of €9.08 is trading 2.9% above its estimated GF Value™ of €8.82. GuruFocus considers CNH Industrial NV to be Fairly Valued.

Key valuation signals for STU:37C:

  • Gross Margin %: 31.91% (22% above median its 10-year median of 26.09)
  • GF Value™: €8.82 vs. price of €9.08 (2.9% above fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 24.7% above the Farm & Heavy Construction Machinery median (#60 of 210)

No single metric tells the full story. See the STU:37C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CNH Industrial NV Business Description

Address Cranes Farm Road, Basildon, Essex, London, GBR, SS14 3AD
CNH Industrial is the world's second largest manufacturer of agricultural machinery (82% of industrial net sales) as well as a major player in construction equipment (18% of industrial net sales). Its Case and New Holland brands have served farmers for generations. Geographically, agricultural sales are 40% in North America, 32% in Europe, the Middle East, and Africa, 18% in South America, and 10% in Asia-Pacific. CNH's products are available through a robust independent dealer network, which includes over 2,600 dealer and distribution locations and reach into 164 countries. The construction business leverages over 400 dealers. The company's captive finance arm provides retail financing to its customers and wholesale financing to dealers to maintain inventory, thereby supporting sales.
68GF Score

Get the complete analysis for STU:37C

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€9.08
Price
€8.82
GF Value