CNH Industrial N.V.
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
N/AN/AN/AN/A
Price/Sales ratio
N/AN/AN/AN/A
Earnings per Share (EPS)
$1.54$1.78$1.65$1.71

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
13.3331.90-40.7554.3710.119.07-33.0713.2410.696.846.39.07
Price/Sales ratio
0.290.310.410.580.360.450.570.680.920.650.590.36
Price/Book Value ratio
1.921.682.313.652.132.103.013.353.131.991.822.10
Price/Cash Flow ratio
13.892.904.877.964.227.062.725.5938.9517.8820.204.22
Price/Free Cash Flow ratio
-4.3929.34-394.98-72.9116.56-94.834.0911.14-49.08-56.33-29.62-94.83
Price/Earnings Growth ratio
-0.33-0.500.20-0.250.030.270.24-0.020.590.360.120.03
Dividend Yield
4.03%3.67%2.01%1.04%2.24%2.19%0.05%0.82%1.94%3.31%4.10%2.24%
Profitability Indicator Ratios
Gross Profit Margin
21.56%21.43%21.44%20.97%22.71%22.24%18.07%22.36%28.67%31.94%32.05%22.71%
Operating Profit Margin
9.18%9.19%8.88%8.96%11.23%3.06%-1.40%4.49%17.56%20.18%13.37%11.23%
Pretax Profit Margin
3.34%2.18%-0.03%2.48%4.93%4.16%-1.93%5.92%11.38%10.94%10.25%4.93%
Net Profit Margin
2.18%0.97%-1.01%1.07%3.59%5.06%-1.74%5.15%8.61%9.60%9.47%3.59%
Effective Tax Rate
42.88%63.49%-3311.11%66.91%28.44%-23.16%9.90%17.27%27.85%21.97%20.08%20.08%
Return on Assets
1.36%0.54%-0.55%0.61%2.31%3.00%-0.93%3.48%5.15%5.11%5.00%2.31%
Return On Equity
14.42%5.26%-5.67%6.71%21.07%23.23%-9.12%25.30%29.29%29.22%28.95%21.07%
Return on Capital Employed
8.64%7.62%7.43%8.09%11.29%2.77%-1.17%4.90%13.81%17.27%8.03%8.03%
Liquidity Ratios
Current Ratio
4.824.894.704.404.464.694.50N/AN/AN/A6.294.46
Quick Ratio
1.911.901.791.661.711.821.871.652.861.705.171.71
Cash ratio
0.290.340.310.300.300.290.490.310.460.280.710.30
Days of Sales Outstanding
303.24326.40330.83315.93278.36312.32329.09264.18340.28366.00370.15278.36
Days of Inventory outstanding
100.17102.02104.77106.01106.93118.40103.06101.56104.54120.43137.59106.93
Operating Cycle
403.42428.42435.61421.95385.29430.72432.15365.74444.82486.44507.74385.29
Days of Payables Outstanding
85.5195.7896.85102.3093.6294.15108.7996.9980.4481.6073.2594.15
Cash Conversion Cycle
317.91332.64338.75319.64291.67336.56323.35268.75364.37404.83434.48291.67
Debt Ratios
Debt Ratio
0.570.560.550.530.540.740.770.480.830.590.610.54
Debt Equity Ratio
6.015.495.685.894.955.797.563.494.733.373.565.79
Long-term Debt to Capitalization
0.850.840.850.850.820.800.830.770.760.660.770.80
Total Debt to Capitalization
0.850.840.850.850.830.850.880.770.820.770.780.85
Interest Coverage Ratio
-1.64-1.28-0.62-1.34-2.58-1.942.38N/AN/AN/A2.20-2.58
Cash Flow to Debt Ratio
0.020.100.080.070.100.050.140.170.010.030.020.05
Company Equity Multiplier
10.549.7310.2410.999.097.739.767.255.685.715.797.73
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.020.100.080.070.080.060.210.120.020.030.020.06
Free Cash Flow / Operating Cash Flow Ratio
-3.160.09-0.01-0.100.25-0.070.660.50-0.79-0.31-0.68-0.07
Cash Flow Coverage Ratio
0.020.100.080.070.100.050.140.170.010.030.020.05
Short Term Coverage Ratio
N/AN/AN/AN/A3.720.170.47102.050.050.072.240.17
Dividend Payout Ratio
53.80%117.39%-82.14%56.94%22.75%19.90%-1.75%10.91%20.84%22.69%23.49%22.75%