CNH Industrial NV (LTS:0QGU) ROCE % : 8.06% (As of Dec. 2024)

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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 Dec. 2024 was 8.06%.

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.

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CNH Industrial NV ROCE % Chart

CNH Industrial NV Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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1.18

7.33

10.77

12.74

11.00

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
ROCE %	Get a 7-Day Free Trial															11.70	9.20	8.79	7.35	8.06

CNH Industrial NV ROCE % Calculation

CNH Industrial NV's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	2929.94	/	( ( (42426.839 - 16008.986)	+	(41001.015 - 14134) )	/ 2 )
	=	2929.94	/	( (26417.853	+	26867.015)	/ 2 )
	=	2929.94	/	26642.434
	=	11.00 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	2528.84	/	( ( (39673.733 - 3760.774)	+	(41001.015 - 14134) )	/ 2 )
	=	2528.84	/	( ( 35912.959	+	26867.015 )	/ 2 )
	=	2528.84	/	31389.987
	=	8.06 %

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

CNH Industrial NV (LTS:0QGU) 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

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CNH Industrial NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » CNH Industrial NV (LTS:0QGU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CNH:USA 1CNHI:Italy 37C:Germany 37C:Germany CNHI:Austria

Address

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

Website

https://www.cnh.com

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.

CNH Industrial NV Headlines

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