CNH Industrial N.V. (CNH) has inked a deal with Starlink, a SpaceX subsidiary, to deliver cutting-edge satellite connectivity to farmers. This collaboration will provide users of CNH’s brands, Case IH, New Holland and STEYR, with reliable and cost-effective high-speed connectivity, even in the most remote rural areas. The enhanced connectivity will support fully connected equipment fleets and improve operational efficiency.Starlink’s low-latency, dependable satellite network enables CNH’s smart machines to ...

CNH Industrial (CNH) FY 2025 Annual General Meeting May 12, 2025 09:00 AM ET Speaker0 On behalf of the Board of the company, I, Dirk Jan Smidder, Freshfields Amsterdam Civil Law Notary, as Chair of this meeting, would like to welcome you to the CNH Industrial NV Annual General Meeting of Shareholders. I note that this meeting is broadcasted live through webcast on the website of the company. I welcome and thank also all those who are connected via webcast. Mr. Suzanne Haywood, Chair and Mr. Garrett Marks, C ...

CNH’s new Strategic Business Plan set to enhance product leadership and expand margins CNH’s new Strategic Business Plan will:  Consolidate its position as the #1 or #2 player in all major marketsTarget a 16-17% Agriculture mid-cycle adjusted EBIT margin by 2030 Execute an additional $550M+ in run-rate operational and quality cost improvements Increase through-cycle Industrial cash generation by 25% Key strategy pillars include: Advancing Iron + Tech integration. Precision Tech sales will nearly double as ...

CNH Industrial (CNH) 2025 Capital Markets Day May 08, 2025 09:00 AM ET Speaker0 morning. Thank you, Jason, and good morning, everyone. Today, I'm delighted to introduce our CEO and executive team. Before I do that, I'd like to share with you how our long heritage and deep expertise has positioned CNH as the partner of choice for farmers and builders around the globe. For more than one hundred and eighty years, our legacy has been built on the pioneering spirit of innovators such as Jerome Case, the founder ...

M A Y 8 , 2 0 2 5 JASON OMERZA INTRODUCTION 2 S A F E H A R B O R S T A T E M E N T A N D D I S C L O S U R E S All statements other than statements of historical fact contained in this presentation including competitive strengths; business strategy; future financial position or operating results; budgets; projections with respect to revenue, income, earnings (or loss) per share, capital expenditures, dividends, liquidity, capital structure or other financial items; costs; and plans and objectives of manage ...

Financial Performance - Total revenues for the three months ended March 31, 2025, were $3,828 million, a decrease of 20.5% compared to $4,818 million in the same period of 2024[12] - Net income attributable to CNH Industrial N.V. for Q1 2025 was $131 million, down 64.4% from $368 million in Q1 2024[12] - The company incurred a net loss of $132 million for Q1 2025, compared to a net income of $369 million in Q1 2024, representing a decline of 135.7%[12] - Comprehensive income attributable to CNH Industrial N.V. was $188 million for Q1 2025, down 41.0% from $319 million in Q1 2024[15] - Basic earnings per share (EPS) attributable to common shareholders decreased from $0.29 in Q1 2024 to $0.10 in Q1 2025, with net income attributable to CNH Industrial N.V. dropping from $368 million to $131 million[37] Cash Flow and Liquidity - Cash and cash equivalents decreased to $1,695 million as of March 31, 2025, from $3,191 million at December 31, 2024, representing a decline of 46.9%[10] - The company reported a net cash used by operating activities of $162 million for Q1 2025, compared to a net cash used of $894 million in Q1 2024[18] - Cash flows from operating activities improved to $162 million in Q1 2025, compared to a cash outflow of $894 million in Q1 2024[18] Assets and Liabilities - Total assets decreased to $42,057 million as of March 31, 2025, from $42,933 million at December 31, 2024, a reduction of 2.0%[10] - Total liabilities decreased to $34,098 million as of March 31, 2025, from $35,165 million at December 31, 2024, a decline of 3.0%[10] - The company’s total liabilities for consolidated VIEs decreased from $10,577 million on December 31, 2024, to $9,967 million on March 31, 2025[35] Revenue Breakdown by Segment - Agriculture segment revenues decreased to $2,581 million in Q1 2025 from $3,373 million in Q1 2024, representing a decline of 23.5%[30] - Construction segment revenues fell to $591 million in Q1 2025, down 22.0% from $758 million in Q1 2024[30] - Financial Services revenues decreased to $651 million in Q1 2025 from $685 million in Q1 2024, a decline of 5.0%[30] Research and Development - Research and development expenses for Q1 2025 were $184 million, down 19.3% from $228 million in Q1 2024[12] - Research and development expenses for the Agriculture segment were $163 million in Q1 2025[51] Inventory and Receivables - Total inventory increased from $4,776 million as of December 31, 2024, to $5,156 million as of March 31, 2025, indicating growth in stock levels[58] - Financing receivables decreased from $10,831 million on December 31, 2024, to $10,207 million on March 31, 2025[35] - Total past due receivables in North America for 2025 were $1,182 million, with no charge-offs reported[70] Tax and Accounting - The effective tax rate increased from 19.2% in Q1 2024 to 29.0% in Q1 2025, attributed to the company's income mix and reduced rate relief from Argentina's economy[39] - The company is evaluating the impact of new accounting standards on its financial disclosures, with changes expected to be adopted in future reporting periods[27][28][29] Derivatives and Other Comprehensive Income - The total notional amount of CNH's foreign exchange derivatives was $4.7 billion as of March 31, 2025, compared to $4.2 billion at December 31, 2024[113] - The company's other comprehensive income for the three months ended March 31, 2025, was $60 million, compared to a loss of $49 million for the same period in 2024, reflecting a significant improvement[126] Related Party Transactions - Net revenues from transactions with Iveco Group for Q1 2025 were $27 million, down from $38 million in Q1 2024, indicating a decline in sales[136] - Related party transactions showed net sales of $76 million in Q1 2025, a decrease from $158 million in Q1 2024, highlighting a significant drop in sales to related parties[138]

CNH Industrial (CNH) reported first-quarter 2025 adjusted earnings per share (EPS) of 10 cents, which declined from 33 cents in the prior-year quarter. The figure, however, surpassed the Zacks Consensus Estimate of 9 cents.In the first quarter, consolidated revenues declined nearly 21% from the year-ago level to $3.82 billion but topped the Zacks Consensus Estimate of $3.79 billion. The company’s net sales from industrial activities came in at $3.17 billion, down 23% due to lower shipment volumes.CNH Indust ...

CNH Industrial (CNH) reported $3.83 billion in revenue for the quarter ended March 2025, representing a year-over-year decline of 20.6%. EPS of $0.10 for the same period compares to $0.33 a year ago.The reported revenue represents a surprise of +1.14% over the Zacks Consensus Estimate of $3.79 billion. With the consensus EPS estimate being $0.09, the EPS surprise was +11.11%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stree ...

CNH Industrial (CNH) Q1 2025 Earnings Call May 01, 2025 09:00 AM ET Company Participants Jason Omerza - VP of Investor RelationsGerrit Marx - CEO & Head of AgricultureOddone Incisa - CFOAngel Castillo - Executive DirectorKristen Owen - Managing DirectorTami Zakaria - Executive DirectorDaniela Costa - Managing DirectorJamie Cook - Managing Director - Equity ResearchDavid Raso - Senior Managing Director & PartnerAvi Jaroslawicz - Equity Research Associate Conference Call Participants Tim Thein - Managing Dire ...

CNH Industrial (CNH) Q1 2025 Earnings Call May 01, 2025 09:00 AM ET Speaker0 Good morning, and welcome to the CNH twenty twenty five First Quarter Results Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. Thank you. I will now turn the call over to Jason Amersa, Vice President of Investor Relations. Please go ahead. Speaker1 Thank you, John, and good morning, everyone. We would like to welcome you to ...