Filing Flows › CNH Industrial N.V. (CNH) › Q4 2024
CNH Industrial N.V. (CNH) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Feb 28, 2025
CNH Industrial N.V. (CNH) reported revenue of $4.9B for the fourth quarter 2024 (Q4 2024), -28% from a year earlier and +5% from the quarter before. Operating margin was 5.4%, net earnings $176M (3.6% of revenue).
CNH Industrial N.V., Q4 2024: revenue $4.9B (-28% year over year), operating margin 5.4%, net earnings $176M, operating cash flow $1.7B. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.9B | +5% | -28% |
| Operating profit | $265M | -31% | -59% |
| Net earnings | $176M | -43% | -70% |
| Operating cash flow | $1.7B | +114% | +12% |
What changed
Revenue was $4.9B in Q4 2024, down 28% year over year and up 5% from the previous quarter. Sales of goods was the largest line at 84% of revenue.
Operating profit was $0.27B, a 5.4% margin (down 4.0 points year over year). Total costs fell 25% while revenue fell 28%. Net earnings were $0.17B, down 70% year over year. The effective tax rate was 33.6%.
Operating cash flow was $1.7B (up 12% year over year), 961% of net earnings. Working capital and other items added $1.5B.
Questions
What was CNH Industrial N.V.'s revenue in the fourth quarter 2024?
CNH Industrial N.V.
Was CNH Industrial N.V. profitable in the fourth quarter 2024?
Operating profit was $265M (5.4% of revenue) and net earnings $176M.