CNH Industrial NV (STU:37C) Operating Margin %: 13.70% (As of Mar. 2026) — Near 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 Operating Margin %?

CNH Industrial NV STU:37C +3.06% 68 Operating Margin % is 13.70% as of Mar. 2026, which is 2% below its 10-year median of 13.97. 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 209 Farm & Heavy Construction Machinery companies, CNH Industrial NV ranks better than 88.52% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. CNH Industrial NV's Operating Income for the three months ended in Mar. 2026 was €453 Mil. CNH Industrial NV's Revenue for the three months ended in Mar. 2026 was €3,309 Mil. Therefore, CNH Industrial NV's Operating Margin % for the quarter that ended in Mar. 2026 was 13.70%.

Good Sign:

CNH Industrial NV operating margin is expanding. Margin expansion is usually a good sign.

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

STU:37C' s Operating Margin % Range Over the Past 10 Years
Min: 10.24   Med: 13.97   Max: 20.03
Current: 14.59


STU:37C's Operating Margin % is ranked better than
88.52% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 6.78 vs STU:37C: 14.59

CNH Industrial NV's 5-Year Average Operating Margin % Growth Rate was 4.80% per year.

CNH Industrial NV's Operating Income for the three months ended in Mar. 2026 was €453 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €2,270 Mil.


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

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


CNH Industrial NV Operating Margin % Related Terms


CNH Industrial NV Operating Margin % Historical Data

* Premium members only.

The historical data trend for CNH Industrial NV's Operating 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 Operating Margin % Chart

CNH Industrial NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.88 17.56 20.03 19.41 15.50

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
Operating 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 18.00 17.47 13.05 13.94 13.70

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

For the Farm & Heavy Construction Machinery subindustry, CNH Industrial NV's Operating Margin %, along with its competitors' market caps and Operating 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 Operating Margin % vs Farm & Heavy Construction Machinery Industry

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

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


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

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

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

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=2395.47 / 15453.13
=15.50 %

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

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=453.26 / 3309.49
=13.70 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 13.70% mean?
CNH Industrial NV (STU:37C) has a Operating Margin % of 13.70% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on CNH Industrial NV and its competitors. This is near median its historical median of 13.97. Over the past decade, CNH Industrial NV's Operating Margin % has ranged from 10.24 to 20.03. According to the industry distribution chart, CNH Industrial NV ranks #24 out of 209 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 11.5%.
Is CNH Industrial NV's Operating Margin % too high?
CNH Industrial NV's current Operating Margin % of 13.70% is near median its 10-year median of 13.97. Over the past 10 years, this metric has ranged from a low of 10.24 to a high of 20.03. The Farm & Heavy Construction Machinery industry median Operating Margin % is 6.78. CNH Industrial NV's value of 13.70% is 102.1% above this industry median. Based on the distribution chart, CNH Industrial NV ranks #24 out of 209 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. 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 Operating Margin % compare to AGCO and OSK?
According to the Farm & Heavy Construction Machinery industry distribution chart, CNH Industrial NV ranks #24 out of 209 companies for Operating Margin %. This places CNH Industrial NV in the top 12% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.78. CNH Industrial NV's value of 13.70% is 102.1% above this benchmark. Historically, CNH Industrial NV's own Operating Margin % has ranged from 10.24 to 20.03 over the past decade. While the company's 10-year median is 13.97 vs. the industry median of 6.78, 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 Operating Margin % for a Farm & Heavy Construction Machinery company?
The median Operating Margin % among Farm & Heavy Construction Machinery companies is 6.78, based on 209 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CNH Industrial NV's current Operating Margin % of 13.70% is 102.1% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on CNH Industrial NV and its competitors. For the Farm & Heavy Construction Machinery industry, the median Operating Margin % is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CNH Industrial NV's current Operating Margin % is 13.70%, which is near median its own 10-year median of 13.97. 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 Operating Margin % is 13.70%, which is near median its 10-year median of 13.97 and 102.1% above the Farm & Heavy Construction Machinery industry median of 6.78. 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 Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For CNH Industrial NV (STU:37C), the current Operating Margin % is 13.70% 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:

  • Operating Margin %: 13.70% (near median its 10-year median of 13.97)
  • GF Value™: €8.82 vs. price of €9.08 (2.9% above fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 102.1% above the Farm & Heavy Construction Machinery median (#24 of 209)

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

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

€9.08
Price
€8.82
GF Value