CNH Industrial vs Toro
CNH Industrial reported revenue of $18.1 billion in fiscal 2025, 4.0 times Toro's $4.5 billion in fiscal 2025. CNH Industrial's revenue fell 8.8% in its latest year, and Toro's fell 1.6%. Their fiscal years end in different months (December 31 and October 31), so the periods don't line up exactly.
Side by side
| CNH Industrial | Toro | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Oct 31, 2025 |
| Revenue | $18.1B | $4.5B |
| Revenue growth | −8.8% | −1.6% |
| Revenue growth a year, last 5 years | 4.1% | 5.9% |
| Gross margin | 31.5% | 33.4% |
| Operating margin | — | 9.1% |
| Net margin | 2.8% | 7.0% |
| Free cash flow | — | $578M |
| Free cash flow margin | — | 12.8% |
| Return on capital | 4.6% | 15.9% |
| Net debt to EBITDA | 9.6x | 1.1x |
| Dividends and buybacks | $333M | $441M |
| Change in diluted share count | −0.7% | −4.4% |
| Last close | $11.25 | $105.46 |
| P/E at the last close | 45.0× | 28.1× |
| Insider trades, last 12 months | bought $700,182, sold $490,140 | bought $14,402, sold $14.2 million |
| Piotroski F-score | — | 6 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
CNH IndustrialToro
Operating margin
Percent of revenue
CNH IndustrialToro
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
CNH IndustrialToro
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the CNH Industrial and Toro pages.