CNH Industrial NV (CNH)

CNH Industrial's stock price has declined by 18.23% between March 24, 2025, and March 23, 2026, due to a challenging market environment. While Q4 2025 consolidated revenues increased by 6% year-over-year, full-year 2025 revenues declined by 9%. The company anticipates further weakening of global retail demand for agricultural equipment in 2026 and expects construction equipment demand to be flattish. Analysts have issued a consensus "Hold" rating for CNH Industrial.

Demand for CNH Industrial's products is cyclical and influenced by factors within the agricultural and construction industries. Agricultural equipment demand is driven by farm incomes and interest rates, with a downturn expected to reach trough levels in 2026. Construction equipment demand is also cyclical, with flattish demand forecasted for 2026. The financial services segment can see earnings fluctuate with base rates and credit cycles.

CNH Industrial N.V. is a global leader in the capital goods sector, specializing in agricultural and construction equipment. The company provides machinery and solutions for farming and construction, including tractors, harvesting equipment, excavators, and loaders. CNH also offers financial services and markets its products globally through brands like Case IH, New Holland Agriculture, and Steyr.

CNH Industrial operates in over 180 countries with a strong presence across Europe, North America, South America, and Asia-Pacific. Approximately 40% of its agriculture sales are in North America, 32% in EMEA, 18% in South America, and 10% in Asia-Pacific. The company utilizes a dealer network of over 2,600 locations in 164 countries for agricultural products and over 400 dealers for its construction business.

CNH Industrial has maintained a positive brand reputation, particularly in sustainability and innovation. The company was recognized in the top 1% of S&P Global's 2026 Sustainability Yearbook. CNH Industrial emphasizes its focus on innovation, sustainability, and operational excellence.

CNH Industrial's ownership is diversified, with Exor N.V. holding approximately 22.77% of the ordinary shares and 42.1% of the voting rights. Major institutional investors include BlackRock, Inc., Vanguard Group Inc., and Harris Associates L.P.