CNH Industrial N.V. (CNH)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,313,000 | 1,756,000 | 2,017,000 | 2,290,000 | 2,371,000 | 2,347,000 | 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 |
| Total stockholders’ equity | US$ in thousands | 7,651,000 | 7,643,000 | 7,538,000 | 7,892,000 | 8,114,000 | 7,985,000 | 7,500,000 | 7,324,000 | 6,927,000 | 6,354,000 | 5,788,000 | 5,602,000 | 6,778,000 | 6,292,000 | 6,074,000 | 5,506,000 | 5,029,000 | 4,840,000 | 5,963,000 | 5,658,000 |
| ROE | 17.16% | 22.98% | 26.76% | 29.02% | 29.22% | 29.39% | 31.15% | 29.74% | 29.29% | 27.37% | 26.02% | 29.42% | 25.42% | 25.19% | 5.27% | -0.36% | -9.80% | -11.22% | 17.37% | 19.44% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,313,000K ÷ $7,651,000K
= 17.16%
Based on the provided data, the return on equity (ROE) of CNH Industrial N.V. has been fluctuating over the years.
The ROE started positively at 19.44% as of March 31, 2020, and June 30, 2020, but turned negative by September 30, 2020, and continued to decline until March 31, 2021.
However, the company demonstrated a significant improvement in ROE, reaching 25.42% by December 31, 2021, and further increasing to 31.15% by June 30, 2023.
From the second half of 2023 to the end of 2024, the ROE exhibited a slight decrease but remained at relatively healthy levels, ending at 17.16% as of December 31, 2024.
The recent trend in ROE suggests that CNH Industrial N.V. has managed to enhance its profitability and efficiency, translating shareholders' equity into higher returns. This could indicate effective management of assets and operations to generate profits for the shareholders. However, continued monitoring of ROE is advisable to assess the company's ongoing performance and sustainable growth.
Peer comparison
Dec 31, 2024