CNH Industrial N.V.

CNHNYSEIndustrials● Active

$10.92

+$0.17(+1.53%)

Market Cap$13.5B

P/E Ratio—

52W High$14.27

52W Low$9

Avg Volume15.8M

Open$10.81

Beta1.23

Free Cash Flow Financials Revenue

CNH Industrial N.V. (CNH) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

CNH · free cash flow · updated Jun 8, 2026

Core FCF metrics

CNH · FCF · TTM · margin & CAGR

Free cash flow was $2.00B for FY2025 (fiscal year ending 2025-12-31), up 155.1% year-over-year The FCF margin was 11.0%. Five-year CAGR stands at -15.7%.

FY2025 Free Cash Flow$2.00B▲ +155.1% YoY

Trailing 12M (TTM)$1.84Btrailing 4 quarters sum

FCF Margin11.0%$2.00B ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGR-15.7%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

CNH · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$2.54B(543M)$2.00B▲ +155.1%11.0%

FY2024$1.97B(1.19B)$782.0M▲ +371.5%3.9%

FY2023$907.0M(1.20B)−$288.0M▲ +34.8%-1.2%

FY2022$557.0M(999M)−$442.0M▼ 114.0%-1.9%

FY2021$4.08B(921M)$3.16B▼ 32.5%16.2%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

CNH · P/FCF · FCF yield · FCF per share

CNH Industrial N.V. (CNH) trades at a FCF yield of 13.80% and a price-to-free-cash-flow ratio of 7.4x. FCF per share stands at $1.47, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

13.80%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$1.47

TTM FCF ÷ Shares Outstanding

Price / FCF

x7.4

Share Price ÷ FCF per Share

EV / FCF (TTM)

x20.6

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

CNH · cash flow statement · operating / investing / financing

For FY2025, CNH Industrial N.V. generated $2.54B in operating cash flow and spent 543M in capital expenditures, yielding $2.00B in free cash flow.

Operating Activities

+$2.54B

Cash from core business operations

2025-12-31

Investing Activities

−$1.38B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$2.02B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($2.54B) − |CapEx| (543M) = FCF ($2.00B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

CNH vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

CNH Industrial N.V.YOU

CNH

$2.00B+155.1%11.0%

19%

Space Exploration Technologies Corp.

SPCX

−$13.95B-159.0%-74.7%

Loss

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

CNH Industrial N.V. (CNH) reported free cash flow of $2.00B for FY2025 (fiscal year ending 2025-12-31), up 155.1% year-over-year. The FCF margin was 11.0%.

Based on available data, CNH Industrial N.V. has maintained positive free cash flow for at least 9 fiscal year(s). FCF peaked at $4.68B in FY2020. The 5-year CAGR stands at -15.7%.

CNH Industrial N.V.'s FCF yield is 13.80% and price-to-FCF ratio is 7.4x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

CNH free cash flow · 8 questions

CNH Industrial N.V. free cash flow was $2.00B for FY2025, up 155.1% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $1.84B.

CNH free cash flowCNH FCFCNH FCF 2025CNH free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · CNH Industrial N.V. · CNH Industrial N.V. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026