Key Stats
- Full year 2024 revenue reached $19.84 billion with operations across 180 countries
- Market capitalization of $13.12 billion as of November 2025
- Portfolio includes 12 major brands across agriculture and construction equipment sectors
- More than 63,000 employees working in 67 manufacturing plants worldwide
- Operates 56 research and development centers focusing on innovation and sustainability
CNH Industrial N.V. manufactures agricultural and construction equipment for global markets. The company operates through multiple brands including Case IH, New Holland Agriculture, and Case Construction Equipment.
Based in Basildon, Essex, UK, the organization traces its origins to two pioneering companies founded in the 19th century. The modern entity resulted from strategic mergers and acquisitions that brought together legacy brands.
The company supplies tractors, combines, excavators, and other machinery to customers worldwide. CNH Industrial N.V. also provides powertrain solutions and commercial vehicles through its diversified portfolio.
CNH Industrial N.V. History
CNH Industrial N.V. Co-founders
CNH Industrial N.V. Revenue
CNH Industrial N.V. reported consolidated revenues of $19.84 billion for full year 2024. This represented a decrease from the prior year due to lower industry demand.
CNH Industrial N.V. Competitors
CNH Industrial N.V. competes with major manufacturers in agriculture and construction equipment sectors. The competitive landscape includes both global corporations and regional specialists.
| Company | Headquarters | Primary Focus |
|---|---|---|
| John Deere | Moline, Illinois, USA | Agricultural & Construction Equipment |
| AGCO Corporation | Duluth, Georgia, USA | Agricultural Equipment |
| Caterpillar Inc. | Irving, Texas, USA | Construction & Mining Equipment |
| Kubota Corporation | Osaka, Japan | Agricultural Machinery & Equipment |
| CLAAS Group | Harsewinkel, Germany | Agricultural Equipment |
| Mahindra & Mahindra | Mumbai, India | Tractors & Farm Equipment |
| Komatsu Ltd. | Tokyo, Japan | Construction & Mining Equipment |
| JCB | Staffordshire, UK | Construction Equipment |
CNH Industrial N.V. Acquisitions
CNH Industrial N.V. pursued strategic acquisitions to expand technological capabilities and market presence. The company focused on precision agriculture and sustainable energy solutions.
In 2021, the company completed its acquisition of Raven Industries for $2.1 billion. Raven, based in Sioux Falls, South Dakota, brought leadership in precision agriculture technology. The deal enhanced CNH Industrial N.V. capabilities in autonomous farming and digital solutions. The acquisition built on a long partnership between the two companies and marked an important milestone in digital transformation efforts.
Raven Industries operated through three divisions including precision agriculture, high-performance specialty films, and aerospace solutions. CNH Industrial N.V. integrated Raven’s technology into its existing product portfolio. The first in-house products featuring fully integrated Raven precision agriculture systems became available in 2022.
The company also invested in Bennamann Ltd., acquiring a minority stake in 2021 and later securing a controlling interest in 2023. Bennamann, headquartered in Cornwall, UK, specializes in capturing and repurposing fugitive methane emissions from agricultural waste. The partnership enabled farms to become energy-independent by converting livestock manure into biomethane fuel.
This clean energy technology aligns with sustainable agriculture goals. The Bennamann system works with CNH Industrial N.V. equipment to create a carbon-negative farming operation. Farmers can use the captured methane to power tractors, produce natural fertilizer, and sell excess gas to markets.
CNH Industrial N.V. also made strategic investments in other technology companies. The company acquired stakes in Monarch Tractor, an electric and autonomous tractor manufacturer, and Augmenta, which develops crop sensing and machine automation technology. These acquisitions position the company at the forefront of agricultural innovation.
The acquisition strategy reflects a commitment to precision farming, alternative fuels, and digital transformation. Each purchase adds specialized expertise that enhances the broader equipment portfolio. Ford Motor previously owned New Holland before selling to Fiat in 1991, demonstrating how strategic ownership changes shaped the modern organization.
CNH Industrial N.V. Market Cap
CNH Industrial N.V. maintained a market capitalization of $13.12 billion as of November 2025. The valuation fluctuated based on industry conditions and company performance over the past decade.
FAQs
Who founded CNH Industrial N.V.?
CNH Industrial N.V. resulted from mergers of companies founded by Jerome Increase Case in 1842 and Abe Zimmerman in 1895. The modern entity formed in 2013 through strategic consolidation.
Where is CNH Industrial N.V. headquartered?
CNH Industrial N.V. maintains headquarters in Basildon, Essex, United Kingdom. The company operates manufacturing plants and research centers across 180 countries worldwide.
What brands does CNH Industrial N.V. own?
The company operates 12 major brands including Case IH, New Holland Agriculture, Case Construction Equipment, Iveco, Steyr, and Raven. Each brand serves specific agricultural or industrial markets.
How much revenue does CNH Industrial N.V. generate?
CNH Industrial N.V. reported $19.84 billion in consolidated revenues for full year 2024. Revenue declined from the previous year due to lower agricultural equipment demand globally.
Who are the main competitors of CNH Industrial N.V.?
Primary competitors include AGCO Corporation, Caterpillar, Kubota, CLAAS Group, and Mahindra in agricultural equipment. The construction segment competes with Komatsu and JCB.
