CNH Industrial NVCNH -1.83%69 3-Year ROIIC % is -15.05 as of Dec. 2025. GuruFocus rates CNH with a GF Score™ of 69/100 and a GF Value™ of $9.99 (Fairly Valued). The stock has 7 warning signs investors should review. Among 202 Farm & Heavy Construction Machinery companies, CNH Industrial NV ranks worse than 78.71% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
CNH Industrial NV's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -15.05%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for CNH Industrial NV's 3-Year ROIIC % or its related term are showing as below:
CNH's 3-Year ROIIC % is ranked worse than 78.71% of 202
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 2.225
vs CNH: -15.05
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
CNH Industrial NV 3-Year ROIIC % Related Terms
CNH Industrial NV 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for CNH Industrial NV's 3-Year ROIIC % 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.
For the Farm & Heavy Construction Machinery subindustry, CNH Industrial NV's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, CNH Industrial NV's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where CNH Industrial NV's 3-Year ROIIC % falls into.
CNH Industrial NV's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 1972.476 (Dec. 2025) - 2984.124 (Dec. 2022) )
/
( 36665 (Dec. 2025) - 29941 (Dec. 2022) )
=
-1011.648
/
6724
=
-15.05%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
CNH Industrial NV (CNH) has a 3-Year ROIIC % of -15.05 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on CNH Industrial NV and its competitors. According to the industry distribution chart, CNH Industrial NV ranks #159 out of 202 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 78.7%.
Is CNH Industrial NV's 3-Year ROIIC % too high?
CNH Industrial NV's current 3-Year ROIIC % is -15.05. Based on the distribution chart, CNH Industrial NV ranks #159 out of 202 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, CNH Industrial NV has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CNH Industrial NV's 3-Year ROIIC % compare to OSK and AGCO?
According to the Farm & Heavy Construction Machinery industry distribution chart, CNH Industrial NV ranks #159 out of 202 companies for 3-Year ROIIC %. This places CNH Industrial NV in the lower half of its industry. The industry median 3-Year ROIIC % is 2.23. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Farm & Heavy Construction Machinery company?
The median 3-Year ROIIC % among Farm & Heavy Construction Machinery companies is 2.23, based on 202 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on CNH Industrial NV and its competitors. For the Farm & Heavy Construction Machinery industry, the median 3-Year ROIIC % is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CNH Industrial NV's current 3-Year ROIIC % is -15.05. 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 (CNH) is currently considered Fairly Valued. The stock's GF Value™ is $9.99, compared to a current price of $10.72 — trading 7.3% above its estimated fair value. The current 3-Year ROIIC % is -15.05. CNH Industrial NV's overall GF Score™ is 69/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For CNH Industrial NV (CNH), the current 3-Year ROIIC % is -15.05 as of Dec. 2025. 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 (CNH) Overvalued in 2026?
Based on GuruFocus' analysis, CNH Industrial NV stock appears to be overvalued.
The current stock price of $10.72 is trading 7.3% above its estimated GF Value™ of $9.99.
GuruFocus considers CNH Industrial NV to be Fairly Valued.
Key valuation signals for CNH:
3-Year ROIIC %: -15.05
GF Value™: $9.99 vs. price of $10.72 (7.3% above fair value)
No single metric tells the full story. See the CNH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
69GF Score
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