Company / R&D Expense
CNH Industrial R&D Expense History
FY2020-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$1.0B
FY2025
5-year range
$642.0M / $1.0B
FY2021-FY2025
Trend
+10.9%
vs FY2024
Sector context
#13 of 174
Industrials
What the data says
Among 174 Industrials companies, CNH Industrial is in the top 7% for r&d expense.
Based on SEC 10-K filings.
$1.0B in FY2025 with a 5-year CAGR of +15.8%. Top quartile in the Industrials sector.
Remained stable around $1.0B over the past 2 years.
Industrials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +5.8%
- 5-Year CAGR
- +15.8%
- 10-Year CAGR
- -
Sector benchmark
Top 7% in IndustrialsTop 7% of 174This company $1.0B Sector average $273.7M
▼
+274.5% above sector average
Key checks
Key Insights
- 5-year CAGR of +15.8%, indicating consistent growth.
- In FY2025, r&d expense increased 10.9% year-over-year.
- Ranks #13 out of 174 companies in the Industrials sector.
- Peak r&d expense was recorded in FY2023.
Company context
Key Data Points
- Altman Z-Score 0.72 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.0B | +10.9% |
| FY2024 | $924.0M | -11.2% |
| FY2023 | $1.0B | +20.2% |
| FY2022 | $866.0M | +34.9% |
| FY2021 | $642.0M | +30.2% |
| FY2020 | $493.0M | - |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026