CNH Industrial N.V. (CNH)
Operating profit margin
| Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 3,871,000 | 4,318,000 | 4,630,000 | 4,884,000 | 4,985,000 | 4,904,000 | 4,882,000 | 4,643,000 | 4,366,000 | 3,980,000 | 3,651,000 | 3,587,000 | 3,683,000 | 4,011,000 | 3,728,000 | 1,543,000 | 781,000 | 684,000 | 492,000 | 2,419,000 |
| Revenue (ttm) | US$ in thousands | 19,839,000 | 21,755,000 | 23,090,000 | 24,170,000 | 24,694,000 | 24,848,000 | 24,740,000 | 24,277,000 | 23,578,000 | 25,704,000 | 24,569,000 | 23,636,000 | 23,088,000 | 22,665,000 | 24,411,000 | 24,815,000 | 26,180,000 | 25,226,000 | 25,094,000 | 27,083,000 |
| Operating profit margin | 19.51% | 19.85% | 20.05% | 20.21% | 20.19% | 19.74% | 19.73% | 19.13% | 18.52% | 15.48% | 14.86% | 15.18% | 15.95% | 17.70% | 15.27% | 6.22% | 2.98% | 2.71% | 1.96% | 8.93% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $3,871,000K ÷ $19,839,000K
= 19.51%
The operating profit margin of CNH Industrial N.V. has shown fluctuations over the periods indicated in the data provided. Starting at 8.93% on March 31, 2020, it saw a significant decline to 1.96% by June 30, 2020, suggesting potential challenges in operational efficiency or cost management during that period. However, from that point onwards, there was a general upward trend in the operating profit margin, reaching a peak of 20.21% on March 31, 2024. This upward trend indicates improvements in the company's ability to generate profits from its core operations relative to its revenue.
The operating profit margin remained relatively stable above 19% from September 30, 2023, to December 31, 2024, demonstrating consistent profitability over this period. Such high and stable operating profit margins can suggest effective cost control, pricing strategies, and operational efficiency within CNH Industrial N.V.
Overall, the increasing trend in the operating profit margin of CNH Industrial N.V. from 2020 to 2024 signifies a positive trajectory in the company's operational performance and financial health, reflecting its ability to manage costs and generate profits effectively.
Peer comparison
Dec 31, 2024