CNH Industrial N.V. (CNH)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 3,850,000 | 4,945,000 | 4,356,000 | 3,300,000 | 1,738,000 |
| Revenue | US$ in thousands | 19,836,000 | 24,687,000 | 23,552,000 | 19,494,000 | 26,039,000 |
| Operating profit margin | 19.41% | 20.03% | 18.50% | 16.93% | 6.67% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $3,850,000K ÷ $19,836,000K
= 19.41%
CNH Industrial N.V.'s operating profit margin has shown a consistent improvement over the years, starting at 6.67% in December 2020 and steadily increasing to 16.93% in December 2021, 18.50% in December 2022, 20.03% in December 2023, and then slightly decreasing to 19.41% in December 2024. This positive trend indicates that the company has been effectively managing its operating expenses and generating higher profits relative to its revenue over time. The significant improvement in the operating profit margin demonstrates the company's ability to enhance operational efficiency and optimize its business performance.
Peer comparison
Dec 31, 2024