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CNH (CNH Industrial NV) Gross Profit : $6,486 Mil (TTM As of Dec. 2024)


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What is CNH Industrial NV Gross Profit?

CNH Industrial NV's gross profit for the three months ended in Dec. 2024 was $1,553 Mil. CNH Industrial NV's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $6,486 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. CNH Industrial NV's gross profit for the three months ended in Dec. 2024 was $1,553 Mil. CNH Industrial NV's Revenue for the three months ended in Dec. 2024 was $4,876 Mil. Therefore, CNH Industrial NV's Gross Margin % for the quarter that ended in Dec. 2024 was 31.85%.

CNH Industrial NV had a gross margin of 31.85% for the quarter that ended in Dec. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of CNH Industrial NV was 32.70%. The lowest was 21.44%. And the median was 23.63%.


CNH Industrial NV Gross Profit Historical Data

The historical data trend for CNH Industrial NV's Gross Profit 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.

* Premium members only.

CNH Industrial NV Gross Profit Chart

CNH Industrial NV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,627.00 5,387.00 6,754.00 7,849.00 6,486.00

CNH Industrial NV Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Profit 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 2,087.00 1,623.00 1,786.00 1,524.00 1,553.00

Competitive Comparison of CNH Industrial NV's Gross Profit

For the Farm & Heavy Construction Machinery subindustry, CNH Industrial NV's Gross Profit, along with its competitors' market caps and Gross Profit 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's Gross Profit Distribution in the Farm & Heavy Construction Machinery Industry

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

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


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CNH Industrial NV Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

CNH Industrial NV's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=19836 - 13350
=6,486

CNH Industrial NV's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=4876 - 3323
=1,553

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,486 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

CNH Industrial NV's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,553 / 4876
=31.85 %

* 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.


CNH Industrial NV  (NYSE:CNH) Gross Profit 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 31.85% for the quarter that ended in Dec. 2024 => Competition eroding margins


CNH Industrial NV Gross Profit Related Terms

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CNH Industrial NV Business Description

Traded in Other Exchanges
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, agriculture sales are 40% North America, 32% Europe, Middle East, and Africa, 18% South America, and 10% 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 as well as wholesale financing for dealers to maintain inventory, which supports sales.