UK's CNH Industrial Q4 revenue beats estimates, helped by construction unit growth

CNH Industrial

17/02/2026 11:40

Overview

UK-based industrial equipment maker's Q4 consolidated revenue rose 6%, beating analyst expectations

Adjusted net income for Q4 beat analyst expectations

Company prepares for lower agricultural equipment demand in 2026

Outlook

CNH forecasts 2026 agriculture segment net sales to be down 5% to flat year-over-year

Company expects 2026 agriculture segment adjusted EBIT margin between 4.5% and 5.5%

CNH sees 2026 construction segment net sales about flat year-over-year

Result Drivers

AGRICULTURE SALES - Agriculture segment net sales increased 5% due to favorable price realization and positive foreign exchange impacts

CONSTRUCTION SALES - Construction segment net sales rose 19% driven by higher shipment volumes and favorable price realization, especially in North America

FINANCIAL SERVICES - Financial Services net income rose 18% due to improved interest margins across all regions

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Consolidated Revenue
Beat
$5.16 bln
$4.61 bln (10 Analysts)
Q4 EPS
$0.07
Q4 Adjusted Net Income
Beat
$246 mln
$110.99 mln (6 Analysts)
Q4 Net Income
$89 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", 7 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the heavy machinery & vehicles peer group is "buy"

Wall Street's median 12-month price target for CNH Industrial NV is $12.00, about 5.9% below its February 13 closing price of $12.75

The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release: ID:nGNX8Cfxp

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)