CNH Industrial N.V. (CNH)
Net profit margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,756,000 | 1,987,000 | 2,260,000 | 2,341,000 | 2,317,000 | 2,336,000 | 2,178,000 | 2,029,000 | 1,739,000 | 1,506,000 | 1,648,000 | 1,723,000 | 1,585,000 | 320,000 | -20,000 | -493,000 | -543,000 | 1,036,000 | 1,100,000 | 1,422,000 |
| Revenue (ttm) | US$ in thousands | 21,752,000 | 23,084,000 | 24,163,000 | 24,687,000 | 24,838,000 | 24,733,000 | 24,248,000 | 23,551,000 | 36,020,000 | 34,885,000 | 33,977,000 | 33,428,000 | 22,665,000 | 24,411,000 | 24,815,000 | 26,180,000 | 25,226,000 | 25,094,000 | 27,083,000 | 28,079,000 |
| Net profit margin | 8.07% | 8.61% | 9.35% | 9.48% | 9.33% | 9.44% | 8.98% | 8.62% | 4.83% | 4.32% | 4.85% | 5.15% | 6.99% | 1.31% | -0.08% | -1.88% | -2.15% | 4.13% | 4.06% | 5.06% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,756,000K ÷ $21,752,000K
= 8.07%
The net profit margin of CNH Industrial N.V. has shown fluctuations over the reporting periods. The company's net profit margin was relatively stable around 9% in the first half of 2024, with a slight dip from March to June. Prior to that, there was a gradual decline from September 2023 to March 2024, before a moderate increase in the first quarter of 2023.
In the latter part of 2022 and into 2023, the net profit margin experienced volatility, reaching a low point in March 2021. However, there was a significant improvement in profitability from September 2021 to December 2021, with the net profit margin reaching its highest point at 6.99%.
Overall, the trend in net profit margin indicates some variability in the company's profitability performance, impacted by factors such as revenue fluctuations, cost management, and economic conditions. Monitoring the net profit margin closely can provide insights into CNH Industrial N.V.'s ability to generate profits relative to its revenue.
Peer comparison
Sep 30, 2024