CNH Industrial N.V. (CNH) - Net Assets
Based on the latest financial reports, CNH Industrial N.V. (CNH) has net assets worth $7.87 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($42.04 Billion) and total liabilities ($34.17 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore how large is CNH Industrial N.V.'s balance sheet for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $7.87 Billion |
| % of Total Assets | 18.72% |
| Annual Growth Rate | 2.03% |
| 5-Year Change | 14.18% |
| 10-Year Change | 74.98% |
| Growth Volatility | 15.19 |
CNH Industrial N.V. - Net Assets Trend (2004–2025)
This chart illustrates how CNH Industrial N.V.'s net assets have evolved over time, based on quarterly financial data. Check tangible net worth ratio of CNH Industrial N.V. to evaluate the tangible quality of the company's equity base.
Annual Net Assets for CNH Industrial N.V. (2004–2025)
The table below shows the annual net assets of CNH Industrial N.V. from 2004 to 2025. For live valuation and market cap data, see CNH Industrial N.V. stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $7.83 Billion | +0.73% |
| 2024-12-31 | $7.77 Billion | -4.69% |
| 2023-12-31 | $8.15 Billion | +16.83% |
| 2022-12-31 | $6.98 Billion | +1.79% |
| 2021-12-31 | $6.85 Billion | +36.27% |
| 2020-12-31 | $5.03 Billion | -18.31% |
| 2019-12-31 | $6.16 Billion | +20.75% |
| 2018-12-31 | $5.10 Billion | +19.76% |
| 2017-12-31 | $4.26 Billion | -4.81% |
| 2016-12-31 | $4.47 Billion | -8.00% |
| 2015-12-31 | $4.86 Billion | -2.33% |
| 2014-12-31 | $4.98 Billion | +0.20% |
| 2013-12-31 | $4.97 Billion | +2.79% |
| 2012-12-31 | $4.83 Billion | -39.02% |
| 2011-12-31 | $7.92 Billion | +7.37% |
| 2010-12-31 | $7.38 Billion | +8.37% |
| 2009-12-31 | $6.81 Billion | +3.57% |
| 2008-12-31 | $6.58 Billion | +2.43% |
| 2007-12-31 | $6.42 Billion | +22.76% |
| 2006-12-31 | $5.23 Billion | +1.67% |
| 2005-12-31 | $5.14 Billion | +0.16% |
| 2004-12-31 | $5.13 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to CNH Industrial N.V.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1163100000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $10.51 Billion | 135.91% |
| Common Stock | $25.00 Million | 0.32% |
| Other Comprehensive Income | $-2.77 Billion | -35.80% |
| Total Equity | $7.73 Billion | 100.00% |
CNH Industrial N.V. Competitors by Market Cap
The table below lists competitors of CNH Industrial N.V. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fidelity National Financial Inc
NYSE:FNF
|
$12.84 Billion |
|
HMM Co Ltd
KO:011200
|
$12.85 Billion |
|
Kingspan Group plc
IR:KRX
|
$12.85 Billion |
|
UDR Inc
NYSE:UDR
|
$12.86 Billion |
|
QXO, Inc.
NASDAQ:QXO
|
$12.83 Billion |
|
Globe Life Inc
NYSE:GL
|
$12.82 Billion |
|
Fuzhou Rockchip Electronics Co Ltd
SHG:603893
|
$12.82 Billion |
|
Ningbo Tuopu Group Co Ltd
SHG:601689
|
$12.81 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CNH Industrial N.V.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,651,000,000 to 7,730,000,000, a change of 79,000,000 (1.0%).
- Net income of 510,000,000 contributed positively to equity growth.
- Dividend payments of 333,000,000 reduced retained earnings.
- Share repurchases of 100,000,000 reduced equity.
- Other comprehensive income decreased equity by 55,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $510.00 Million | +6.6% |
| Dividends Paid | $333.00 Million | -4.31% |
| Share Repurchases | $100.00 Million | -1.29% |
| Other Comprehensive Income | $-55.00 Million | -0.71% |
| Other Changes | $57.00 Million | +0.74% |
| Total Change | $- | 1.03% |
Book Value vs Market Value Analysis
This analysis compares CNH Industrial N.V.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.68x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.84x to 1.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $5.64 | $10.35 | x |
| 2006-12-31 | $5.64 | $10.35 | x |
| 2007-12-31 | $6.95 | $10.35 | x |
| 2008-12-31 | $7.10 | $10.35 | x |
| 2009-12-31 | $7.39 | $10.35 | x |
| 2010-12-31 | $8.00 | $10.35 | x |
| 2011-12-31 | $8.54 | $10.35 | x |
| 2012-12-31 | $0.84 | $10.35 | x |
| 2013-12-31 | $3.90 | $10.35 | x |
| 2014-12-31 | $3.64 | $10.35 | x |
| 2015-12-31 | $3.53 | $10.35 | x |
| 2016-12-31 | $3.26 | $10.35 | x |
| 2017-12-31 | $3.09 | $10.35 | x |
| 2018-12-31 | $3.71 | $10.35 | x |
| 2019-12-31 | $4.49 | $10.35 | x |
| 2020-12-31 | $3.58 | $10.35 | x |
| 2021-12-31 | $4.98 | $10.35 | x |
| 2022-12-31 | $5.09 | $10.35 | x |
| 2023-12-31 | $5.95 | $10.35 | x |
| 2024-12-31 | $6.07 | $10.35 | x |
| 2025-12-31 | $6.18 | $10.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CNH Industrial N.V. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.60%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.82%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 5.53x
- Recent ROE (6.60%) is below the historical average (11.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 2.49% | 1.03% | 0.71x | 3.42x | $-377.90 Million |
| 2005 | 3.23% | 1.30% | 0.75x | 3.33x | $-342.20 Million |
| 2006 | 5.70% | 2.25% | 0.74x | 3.42x | $-220.00 Million |
| 2007 | 8.87% | 3.50% | 0.69x | 3.67x | $-71.20 Million |
| 2008 | 12.78% | 4.47% | 0.74x | 3.85x | $179.60 Million |
| 2009 | -2.83% | -1.38% | 0.61x | 3.37x | $-861.80 Million |
| 2010 | 6.19% | 2.90% | 0.50x | 4.25x | $-278.50 Million |
| 2011 | 11.95% | 4.89% | 0.56x | 4.34x | $152.90 Million |
| 2012 | 19.27% | 2.30% | 0.67x | 12.48x | $363.60 Million |
| 2013 | 13.81% | 2.00% | 0.63x | 10.99x | $186.90 Million |
| 2014 | 14.43% | 2.18% | 0.63x | 10.55x | $217.80 Million |
| 2015 | 5.27% | 0.98% | 0.56x | 9.72x | $-227.20 Million |
| 2016 | -5.67% | -1.00% | 0.55x | 10.25x | $-696.40 Million |
| 2017 | 6.44% | 0.98% | 0.57x | 11.43x | $-150.40 Million |
| 2018 | 21.18% | 3.59% | 0.64x | 9.14x | $563.70 Million |
| 2019 | 23.38% | 5.06% | 0.59x | 7.79x | $813.90 Million |
| 2020 | -10.05% | -3.34% | 0.30x | 9.93x | $-983.70 Million |
| 2021 | 25.42% | 8.84% | 0.39x | 7.29x | $1.05 Billion |
| 2022 | 29.29% | 8.61% | 0.60x | 5.69x | $1.34 Billion |
| 2023 | 28.33% | 9.22% | 0.53x | 5.76x | $1.47 Billion |
| 2024 | 16.29% | 6.28% | 0.46x | 5.61x | $480.90 Million |
| 2025 | 6.60% | 2.82% | 0.42x | 5.53x | $-263.00 Million |
Industry Comparison
This section compares CNH Industrial N.V.'s net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $1,548,853,238
- Average return on equity (ROE) among peers: -9.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CNH Industrial N.V. (CNH) | $7.87 Billion | 2.49% | 4.34x | $12.83 Billion |
| Aebi Schmidt Holding AG - Common Stock (AEBI) | $814.95 Million | 1.20% | 1.46x | $946.35 Million |
| AGCO Corporation (AGCO) | $476.70 Million | 24.23% | 2.82x | $8.09 Billion |
| Agrify Corp (AGFY) | $-1.76 Million | 0.00% | 0.00x | $89.44 Million |
| Alamo Group Inc (ALG) | $121.81 Million | 8.88% | 0.53x | $1.95 Billion |
| Arts-Way Manufacturing Co Inc (ARTW) | $5.70 Million | -14.04% | 1.09x | $11.24 Million |
| Astec Industries Inc (ASTE) | $17.20 Million | -94.77% | 5.53x | $1.23 Billion |
| Blue Bird Corp (BLBD) | $-53.23 Million | 0.00% | 0.00x | $2.47 Billion |
| CEA Industries Inc. (BNC) | $14.90 Million | -36.91% | 0.41x | $114.05 Million |
| Caterpillar Inc (CAT) | $14.08 Billion | 43.66% | 4.58x | $362.70 Billion |
| CEA Industries Inc (CEAD) | $12.26 Million | -23.75% | 0.12x | $6.66 Million |
About CNH Industrial N.V.
CNH Industrial N.V., an equipment company, engages in the develops, manufacture, and sale agricultural and construction equipment in North America, Europe, the Middle East, Africa, South America, and the Asia Pacific. The company operates through three segments: Agriculture, Construction, and Financial Services. The Agriculture segment develops, manufactures, distributes, and supports agriculture… Read more