CNH Industrial Q4 revenue falls 28% and net income drops to $176 million
CNH Industrial reported fourth-quarter 2024 revenue of $4.88 billion, down 28%, and net income of $176 million, down from $583 million a year earlier. For full year 2024, revenue fell 20% to $19.84 billion and net income fell 45% to $1,259 million, and the company expects 2025 Agriculture net sales to fall 13% to 18%, which points to further weakness for shareholders.
Key points
- Q4 2024 diluted EPS was $0.14 versus $0.44 in Q4 2023; adjusted diluted EPS was $0.15 versus $0.39
- Full year 2024 diluted EPS was $0.99 versus $1.69 in 2023; adjusted diluted EPS was $1.05 versus $1.63
- 2025 outlook: Agriculture net sales down 13% to 18%, Construction net sales down 5% to 10%, adjusted diluted EPS of $0.65 to $0.75
- Management said challenging market conditions will continue at least through the first half of 2025
The filing
Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 04, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.