Cnh Industrial N V's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Cnh Industrial N V (CNH) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Cnh Industrial N V vs Its Competitors
- TTM: Trailing 12-month revenue of 18,185M vs 414,559M combined for tracked competitors (4.2% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+5.6% annualized vs trailing 12 months), vs accelerating (+2.0%) for its tracked peer group.
- Growth: Cnh Industrial N V generated 2.0% revenue growth year over year in Q2 2026, vs 15.5% for its tracked competitors combined.
- Profitability: Its 2.9% net margin compares with 8.2% for the peer group.
- Scale: Cnh Industrial N V ranks #2 of 20 companies by market capitalization in the Construction & Mining Machinery industry, holding 3.8% of industry market cap.
- Peer revenue share: Cnh Industrial N V accounted for 4.3% of combined revenue among its tracked peer group, down from 4.9% a year earlier.
- Peer differentiation: Revenue per employee of $0.53M compares with $0.76M for the peer group (0.7x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
CNH Sales vs. its Competitors, Q2 2026
Cnh Industrial N V reported revenue growth of 1.95 % year on year in Q2 2026, below its competitors' combined revenue growth of 15.53 %.
With a net margin of 2.94 %, Cnh Industrial N V reported lower profitability than its competitors (8.24 %).
Cnh Industrial N V generated 4.34 % of the combined sales of its peer group, down from 4.89 % a year earlier.
Cnh Industrial N V vs. its Competitors, Q2 2026
Revenue growth, year on year
Net income growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Cnh Industrial N V and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Cnh Industrial N v | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (5) | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (6) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Cnh Industrial N V's competitor groups requires a Commercial License.
For context: the Construction & Mining Machinery industry grew revenue 6.1% year over year, combined, vs 2.0% for Cnh Industrial N V. Cnh Industrial N V's share of combined industry revenue moved from 8.69% to 8.35%, a loss of 0.34 percentage points.
Cnh Industrial N V's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Cnh Industrial N v | Yes | Yes | No | Yes |
| Competitors combined (20) | ||||
| High-Confidence Competitors (6) | ||||
| Similar-Size Competitors (6) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
CNH Stock Performance relative to its Competitors
CNH Stock Performance relative to High-Confidence Competitors
CNH Stock Performance relative to Similar-Size Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Rev Group Inc | 282.9% | Outperformed |
| 2 | Caterpillar Inc | 282.9% | Outperformed |
| 3 | Deere and Co | 282.9% | Outperformed |
| 4 | Titan Machinery Inc | 282.9% | Outperformed |
| 5 | General Motors Company | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Cnh Industrial N V's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Cnh Industrial N V's Comment on Competition and Industry Peers
Publicly Traded Peers of Cnh Industrial N v
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Cnh Industrial N v | 16,207.46 | 18,185.00 |
| Caterpillar Inc | 382,321.00 | 74,729.00 |
| Deere and Co | 184,211.35 | 47,983.00 |
| Emerson Electric Co | 88,227.36 | 18,637.00 |
| General Motors Company | 73,227.70 | 185,527.00 |
| Paccar Inc | 58,985.68 | 42,289.70 |
| SUBTOTAL | 875,123.97 | 435,999.59 |
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Sources: Cnh Industrial N v's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Cnh Industrial N v versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Cnh Industrial N V's Competitors Named by the Company
Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Deere & Company | Named by the company | 85% |
| Agco Corp | Named by the company | 85% |
| Claas Group | Named by the company | 85% |
| Komatsu Ltd. | Named by the company | 85% |
| Volvo Group | Named by the company | 85% |
| Bobcat | Named by the company | 85% |
| Hitachi Construction Machinery Co, Ltd. | Named by the company | 85% |
| Same Deutz Fahr Group | Named by the company | 85% |
| Komatsu Ltd. | Named by the company | 85% |
| Alta Equipment Group Inc | Named by the company | 85% |
| Liebherr Group | Named by the company | 85% |
| Terex Corporation | Named by the company | 85% |
| Caterpillar Inc. | Named by the company | 85% |
| J C Bamford Excavators Ltd. | Named by the company | 85% |
| SANY Heavy Industry Co., Ltd | Named by the company | 85% |
| Kubota Tractor Corporation | Named by the company | 85% |
| Argo Tractors S.p.A. | Named by the company | 85% |
| Develon | Named by the company | 85% |
| Mahindra | Named by the company | 85% |
| Titan Machinery Inc | Named by the company | 85% |
Filing basis, confidence, active dates and source counts for Cnh Industrial N V's named competitors require a Commercial License.
Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.
Cnh Industrial N V's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Cnh Industrial N v | Agriculture, Constrcution, and Eliminations and Other Industrial Activities 82.85 % |
| Caterpillar Inc | Construction Industries 41.12 % |
| Deere and Co | Production and Precision Agriculture Segment 34.50 % |
| Emerson Electric Co | Safety and Productivity 11.33 % |
| General Motors Company | GM North America 83.10 % |
| Paccar Inc | Truck Subsegment 69.61 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
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Cnh Industrial N V's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Cnh Industrial N v | 16,207 | 531,772 | 8,977 |
| Caterpillar Inc | 382,321 | 633,297 | 91,873 |
| Deere and Co | 184,211 | 656,402 | 66,498 |
| Emerson Electric Co | 88,227 | 255,301 | 35,329 |
| General Motors Company | 73,228 | 1,189,276 | 13,410 |
| Paccar Inc | 58,986 | 1,632,807 | 141,166 |
| PEERS TOTAL | 858,917 | 757,938 | 50,500 |
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Cnh Industrial N V's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent filing. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Caterpillar Inc | Latin America -0.11 % |
| Deere and Co | US 53.84 % |
| Dover Corp | United States 55.59 % |
| The Toro Company | Non-US 18.11 % |
| Agco Corp | Other Europe 17.74 % |
Source: revenue geography as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
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Cnh Industrial N V's Position in Industry Market Structure
Market-capitalization share and concentration across all 19 companies in Cnh Industrial N V's industry classification, broader than the peer set above. Market cap in millions of $.Cnh Industrial N V ranks #2 of 19 companies by market capitalization in its industry, holding 3.85 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 7,977, indicating a highly concentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Caterpillar Inc | 382,926 | 89.17 % |
| 2 | Cnh Industrial N v | 16,515 | 3.85 % |
| 3 | Applied Industrial Technologies Inc | 12,780 | 2.98 % |
| 4 | Terex Corporation | 6,376 | 1.48 % |
| 5 | Blue Bird Corporation | 1,234 | 5.2% |
| 6 | Distribution Solutions Group Inc | 1,234 | 5.2% |
| 7 | Astec Industries Inc | 1,234 | 5.2% |
| 8 | Douglas Dynamics Inc | 1,234 | 5.2% |
| 9 | Aebi Schmidt Holding Ag | 1,234 | 5.2% |
| 10 | The Manitowoc Company Inc | 1,234 | 5.2% |
Market cap and industry share for the rest of Cnh Industrial N V's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-09-29.
Cnh Industrial N V's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 1 | Caterpillar Inc | 382,926 | 77.76 % |
| 2 | Cnh Industrial N v | 16,515 | 22.32 % |
| 3 | Applied Industrial Technologies Inc | 12,780 | 29.13 % |
| 4 | Terex Corporation | 1,234 | 12.3% |
| 5 | Blue Bird Corporation | 1,234 | 12.3% |
| 6 | Distribution Solutions Group Inc | 1,234 | 12.3% |
| 7 | Astec Industries Inc | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Cnh Industrial N V's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-09-29. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Cnh Industrial N V's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Construction & Mining Machinery industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (24 companies). See the full Construction & Mining Machinery industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 30.55 % | 21.59 % (avg) | +9.0 pp |
| Operating Margin | - | industry median | - |
| EBITDA Margin | 4.66 % | 6.52 % (avg) | -1.9 pp |
| Capital Intensity (Capex / Revenue) | 0.00 % | 10.24 % (avg) | -10.2 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Cnh Industrial N V's Valuation vs Competitive Position
Valuation multiples vs the Construction & Mining Machinery industry average (24 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Construction & Mining Machinery industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | 42.5x | 27.8x | +14.7x |
| EV / EBITDA | 43.5x | 15.2x | +28.3x |
| P/B | 1.7x | 2.0x | -0.4x |
| Return on Equity | 3.94 % | industry aggregate | -25.17 % |
| Return on Invested Capital | - | -0.10 % (avg) | - |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Cnh Industrial N V's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | 9.85 % | -45.17 % | -7.29 % | 28.41 % | - | - | -19.65 % | -8.78 % |
| Operating Margin | 11.15 % | 10.30 % | 3.78 % | 11.14 % | - | 19.76 % | 18.81 % | 15.38 % |
| Return on Invested Capital | 12.77 % | 6.06 % | 2.09 % | 7.60 % | - | 9.57 % | 7.17 % | 5.47 % |
| P/E | 6.2x | 9.0x | - | - | - | - | 11.9x | 24.9x |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Cnh Industrial N V's BCG Growth-Share Matrix
Relative market share (vs Cnh Industrial N V's largest competitor by market cap) against industry revenue growth, using the standard textbook thresholds (1.0x share, 10% growth) a common framework, not a precision instrument.
Cnh Industrial N V falls in the Dog quadrant: relative market share of 0.04x vs its largest competitor, in an industry growing revenue 8.9% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution. A caveat worth reading alongside this chart: Caterpillar Inc alone holds 89% of this industry's market cap. In an industry this dominated by one leader, the framework will place nearly every OTHER company in "Dog" or "Question Mark" purely because relative share is measured against that leader, regardless of how strong those other companies actually are on their own fundamentals. Check the Profitability, Valuation and Financial Strength sections above before treating this quadrant label as a verdict.
Cnh Industrial N V's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | Low | Industry HHI of 7,977 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 0.00 % vs industry average 10.24 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Cnh Industrial N V's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Cnh Industrial N V's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Cnh Industrial N V's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Cnh Industrial N V falls in the Medium attractiveness / Low strength cell: Harvest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Cnh Industrial N V's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Latest-quarter revenue run-rate is accelerating (+5.6% annualized vs trailing 12 months).
- Outperforming the U.S.A. 500 over the trailing 12 months.
Weaknesses
- Return on equity 25.2 points below the industry aggregate.
- Low relative market share vs the industry leader (0.04x).
- Piotroski F-Score of 2 or below, the standard financial-distress signal.
Opportunities
- A meaningful share of tracked competitors (33.30 %) show financial-distress signals, a possible opening to gain share.
Threats
- Industry dominated by Caterpillar Inc, holding 89.17 % of industry market cap.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Cnh Industrial N V's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Cnh Industrial N v | 1.94 | 21.90 | 3.39 |
| Caterpillar Inc | 0.19 | 1.39 | 0.99 |
| Deere and Co | 0.29 | 1.17 | 1.03 |
| Emerson Electric Co | 0.05 | 0.88 | 0.65 |
| General Motors Company | 0.23 | 1.17 | 0.62 |
| Paccar Inc | 0.95 | 4.41 | 0.60 |
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Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Cnh Industrial N V's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Cnh Industrial N v | Q2 2026 | +2.0 % | -35.0 % |
| Caterpillar Inc | Q2 2026 | +24.0 % | +64.9 % |
| Deere and Co | Q2 2026 | +4.9 % | +8.3 % |
| Emerson Electric Co | Q2 2026 | +7.0 % | +22.5 % |
| General Motors Company | Q2 2026 | +1.9 % | -28.5 % |
| Paccar Inc | Q2 2026 | +3,105.9 % | +1,965.9 % |
| PEERS TOTAL | +14.8 % | +19.5 % |
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Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Cnh Industrial N V's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Cnh Industrial N v | Q2 2026 | +6.4 % | - |
| Caterpillar Inc | Q2 2026 | +18.3 % | +16.3 % |
| Deere and Co | Q2 2026 | +214.9 % | -14.2 % |
| Emerson Electric Co | Q2 2026 | +2.7 % | +9.7 % |
| General Motors Company | Q2 2026 | - | -9.1 % |
| Paccar Inc | Q2 2026 | +35,548.8 % | +2,698.6 % |
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Cnh Industrial N V's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Cnh Industrial N v | 0.72% | 0.74% | 3.94% |
| Caterpillar Inc | 11.11% | 17.90% | 54.18% |
| Deere and Co | 4.56% | 5.80% | 18.12% |
| Emerson Electric Co | 6.13% | 8.71% | 12.69% |
| General Motors Company | 0.74% | 1.10% | 3.22% |
| Paccar Inc | 10.02% | 12.06% | 23.80% |
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ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Cnh Industrial N V's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Cnh Industrial N v | 52.42 | 0.89 |
| Caterpillar Inc | 35.62 | 5.12 |
| Deere and Co | 37.83 | 3.84 |
| Emerson Electric Co | 34.41 | 4.73 |
| General Motors Company | 46.51 | 0.39 |
| Paccar Inc | 23.49 | 1.39 |
| PEERS AVERAGE | 31.09 | 2.01 |
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P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.