Form 8-K · Current Report · Filed 2025-02-04
CNH Industrial Reports Declined Q4 2024 Earnings and Lower Revenues
CNH Industrial N.V. reported a significant decline in both fourth quarter and full year 2024 earnings and revenues, impacted by lower industry demand for Agriculture and Construction equipment. The company saw a 28% drop in fourth quarter revenues and a 20% decrease in full year revenues. Consolidated net income for Q4 2024 was $176 million, with diluted earnings per share of $0.14, compared to $583 million and $0.44, respectively, in Q4 2023. Full year net income for 2024 was $1,259 million, down from $2,287 million in 2023. The company also provided an outlook for 2025, forecasting lower net sales and adjusted diluted EPS, reflecting ongoing challenges in the industry.
- Filer
- CNH Industrial N.V. CNH · NYSE
- Filed
- Accession
- 0001628280-25-003583
- CIK
- 0001567094
- Signal
- Low impactIndustrials
- Source
- Official filing on sec.gov ↗
Items reported
Results of Operations and Financial Condition
Regulation FD Disclosure
Financial Statements and Exhibits
Market reaction
Close before filing
$12.56
Next session
+0.1%
Since filing
+8.7%
Latest close
$13.65
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from CNH reporting the same item, with the next session's move:
Exhibits (2)
About CNH Industrial N.V.
CNH Industrial N.V. is a global leader in the capital goods sector, engaged in the design, production, and sale of agricultural and construction equipment, commercial vehicles, and powertrains. As a prominent manufacturer, CNH Industrial operates through various well-known brands like Case IH, New Holland Agriculture, and Iveco. These brands enable the company to address diverse market needs across farming, construction, and industrial sectors. CNH Industrial's offerings support vital industries by providing machinery and equipment essential for efficient operations, thus playing a crucial role in bolstering productivity in these fields. Additionally, the company is involved in the development of advanced technologies to enhance machine efficiency and sustainability. Headquartered in Amsterdam, Netherlands, CNH Industrial maintains a strong global presence with operations spanning multiple continents, underscoring its significant influence in shaping industrial and agricultural machinery markets.
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