CNH Industrial N.V. (CNH)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 6,486,000 | 7,849,000 | 6,974,000 | 5,396,000 | 4,559,000 |
| Revenue | US$ in thousands | 19,836,000 | 24,687,000 | 23,552,000 | 19,494,000 | 26,039,000 |
| Gross profit margin | 32.70% | 31.79% | 29.61% | 27.68% | 17.51% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $6,486,000K ÷ $19,836,000K
= 32.70%
The gross profit margin of CNH Industrial N.V. has shown a positive trend over the past five years, increasing from 17.51% in December 2020 to 32.70% in December 2024. This indicates that the company has been able to improve its efficiency in managing costs related to production and distribution of goods, resulting in a higher percentage of revenue retained as gross profit. The consistent growth in gross profit margin suggests improved operational performance and potentially better pricing strategies or cost controls within the company. Overall, the trend in the gross profit margin reflects positively on CNH Industrial N.V.'s ability to generate profits from its core business activities.
Peer comparison
Dec 31, 2024