CNH Industrial NV (FRA:37C) ROCE % : 7.35% (As of Sep. 2024)

View and export this data going back to 2013. Start your Free Trial

What is CNH Industrial NV ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. CNH Industrial NV's annualized ROCE % for the quarter that ended in Sep. 2024 was 7.35%.

CNH Industrial NV ROCE % Historical Data

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

CNH Industrial NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

5.28

1.18

7.33

10.77

12.72

CNH Industrial NV Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															10.95	11.69	9.19	8.79	7.35

CNH Industrial NV ROCE % Calculation

CNH Industrial NV's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	3712.016	/	( ( (37175.664 - 5316.608)	+	(42503.867 - 16008.986) )	/ 2 )
	=	3712.016	/	( (31859.056	+	26494.881)	/ 2 )
	=	3712.016	/	29176.9685
	=	12.72 %

CNH Industrial NV's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	2659.752	/	( ( (40837.911 - 4359.797)	+	(39673.733 - 3760.774) )	/ 2 )
	=	2659.752	/	( ( 36478.114	+	35912.959 )	/ 2 )
	=	2659.752	/	36195.5365
	=	7.35 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

CNH Industrial NV (FRA:37C) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

CNH Industrial NV ROCE % Related Terms

Thank you for viewing the detailed overview of CNH Industrial NV's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

CNH Industrial NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » CNH Industrial NV (FRA:37C) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CNH:USA 1CNHI:Italy 0QGU:UK 37C:Germany CNHI:Austria

Address

Cranes Farm Road, Basildon, Essex, London, GBR, SS14 3AD

Website

https://www.cnhindustrial.com

CNH Industrial NV is a global manufacturer of heavy machinery, with a range of products including agricultural and construction equipment. One of its most recognizable brands, Case IH, has served farmers for generations. The company's products are available through a robust dealer network, which includes over 3,600 dealer and distribution locations worldwide. CNH's finance arm provides retail financing for equipment to its customers in addition to wholesale financing for dealers, which increases the likelihood of product sales.

CNH Industrial NV Headlines

No Headlines