CNH Industrial, a global manufacturer of agricultural and construction machinery, has released its financial results for the fourth quarter and full-year 2025, ending December 31, 2025.
The company is among the world’s leading producers of tractors, combines, and other agricultural equipment, with well-known brands such as Case IH, New Holland Agriculture, and Steyr in its portfolio. In the construction equipment segment, the group operates through Case Construction Equipment.
The published results show year-end revenue growth, but also a significant decline in annual profit, largely driven by weaker demand for industrial equipment.
In the fourth quarter of 2025, CNH reported a net profit of USD 89 million (approximately EUR 82 million), while earnings per share (EPS) came in at USD 0.07 (around EUR 0.06). In the same period of 2024, the company posted a net profit of USD 176 million (approximately EUR 162 million), with EPS at USD 0.14 (around EUR 0.13), highlighting a noticeable decline in profitability.
Weaker 2025 Performance: Revenue Down, Profitability Under Pressure
At the same time, consolidated revenues in the fourth quarter increased by 6%, reaching USD 5.16 billion (approximately EUR 4.75 billion). Net sales from industrial activities totaled USD 4.45 billion (around EUR 4.09 billion), representing an 8% increase compared to the same quarter a year earlier.
Despite a solid finish to the year, the overall results for 2025 point to a significant slowdown in business activity. CNH’s consolidated revenues for the full year reached USD 18.10 billion (approximately EUR 16.65 billion), down 9% compared with the previous year.
Net sales from industrial activities amounted to USD 15.35 billion (approximately EUR 14.12 billion), marking a 10% decline year-on-year.
The sharpest drop, however, was recorded in profitability. For the full year 2025, CNH posted a net profit of USD 505 million (approximately EUR 465 million), compared with USD 1.259 billion (around EUR 1.16 billion) in 2024. Diluted earnings per share for the year fell to USD 0.41 (approximately EUR 0.38), down from USD 0.99 (around EUR 0.91) recorded a year earlier.
photo: media.cnh.com
