CNH Industrial N.V. (CNH)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | 7,769,000 | 7,662,000 | 8,012,000 | 8,234,000 | 8,115,000 | 7,630,000 | 7,451,000 | 6,976,000 | 6,409,000 | 5,843,000 | 5,656,000 | 6,853,000 | 6,292,000 | 6,074,000 | 5,506,000 | 5,029,000 | 4,840,000 | 5,963,000 | 5,658,000 | 6,156,000 |
| ROE | 22.60% | 25.93% | 28.21% | 28.43% | 28.55% | 30.62% | 29.23% | 29.09% | 27.13% | 25.77% | 29.14% | 25.14% | 25.19% | 5.27% | -0.36% | -9.80% | -11.22% | 17.37% | 19.44% | 23.10% |
September 30, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,756,000K ÷ $7,769,000K
= 22.60%
The return on equity (ROE) of CNH Industrial N.V. has shown fluctuations over the recent quarters. The ROE increased from 22.60% in September 2024 to 28.43% in December 2023 before experiencing a slight decrease to 25.77% in June 2022. There was a significant peak at 30.62% in June 2023 and a notable dip to 5.27% in March 2021.
Overall, CNH Industrial N.V.'s ROE has demonstrated some volatility but has generally remained positive, indicating the company's ability to generate profit from shareholders' equity. It is essential to analyze the factors driving these fluctuations to assess the company's financial performance and efficiency in utilizing equity to generate returns for its shareholders.
Peer comparison
Sep 30, 2024