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Side-by-side financial comparison of CNH Industrial N.V. (CNH) and Kraft Heinz (KHC). Click either name above to swap in a different company.

Kraft Heinz is the larger business by last-quarter revenue ($6.4B vs $3.8B, roughly 1.7× CNH Industrial N.V.). Kraft Heinz runs the higher net margin — 10.2% vs 0.3%, a 10.0% gap on every dollar of revenue. On growth, CNH Industrial N.V. posted the faster year-over-year revenue change (0.6% vs -3.4%). Kraft Heinz produced more free cash flow last quarter ($1.2B vs $-589.0M). Over the past eight quarters, Kraft Heinz's revenue compounded faster (-0.4% CAGR vs -10.7%).

CNH Industrial NV is an Italian-American multinational corporation with global headquarters in Basildon, United Kingdom, but controlled and mostly owned by the multinational investment company Exor, which in turn is controlled by the Agnelli family. Through its various businesses, CNH Industrial designs, produces, and sells agricultural machinery and construction equipment. Present in all major markets worldwide, CNH Industrial is focused on expanding its presence in high-growth markets, incl...

The Kraft Heinz Company (KHC), commonly known as Kraft Heinz, is an American multinational food company formed by the merger of Kraft Foods Group, Inc. and the H.J. Heinz Company co-headquartered in Chicago and Pittsburgh.

CNH vs KHC — Head-to-Head

Bigger by revenue
KHC
KHC
1.7× larger
KHC
$6.4B
$3.8B
CNH
Growing faster (revenue YoY)
CNH
CNH
+4.0% gap
CNH
0.6%
-3.4%
KHC
Higher net margin
KHC
KHC
10.0% more per $
KHC
10.2%
0.3%
CNH
More free cash flow
KHC
KHC
$1.8B more FCF
KHC
$1.2B
$-589.0M
CNH
Faster 2-yr revenue CAGR
KHC
KHC
Annualised
KHC
-0.4%
-10.7%
CNH

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CNH
CNH
KHC
KHC
Revenue
$3.8B
$6.4B
Net Profit
$10.0M
$651.0M
Gross Margin
31.9%
32.6%
Operating Margin
0.3%
17.1%
Net Margin
0.3%
10.2%
Revenue YoY
0.6%
-3.4%
Net Profit YoY
-17.8%
-69.5%
EPS (diluted)
$0.01
$0.56

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CNH
CNH
KHC
KHC
Q1 26
$3.8B
Q4 25
$4.5B
$6.4B
Q3 25
$3.7B
$6.2B
Q2 25
$4.0B
$6.4B
Q1 25
$3.2B
$6.0B
Q4 24
$4.1B
$6.6B
Q3 24
$4.0B
$6.4B
Q2 24
$4.8B
$6.5B
Net Profit
CNH
CNH
KHC
KHC
Q1 26
$10.0M
Q4 25
$86.0M
$651.0M
Q3 25
$80.0M
$615.0M
Q2 25
$213.0M
$-7.8B
Q1 25
$131.0M
$712.0M
Q4 24
$106.0M
$2.1B
Q3 24
$306.0M
$-290.0M
Q2 24
$433.0M
$102.0M
Gross Margin
CNH
CNH
KHC
KHC
Q1 26
31.9%
Q4 25
18.4%
32.6%
Q3 25
19.1%
31.9%
Q2 25
20.6%
34.4%
Q1 25
19.0%
34.4%
Q4 24
19.5%
34.1%
Q3 24
21.7%
34.2%
Q2 24
22.9%
35.4%
Operating Margin
CNH
CNH
KHC
KHC
Q1 26
0.3%
Q4 25
3.0%
17.1%
Q3 25
1.4%
16.4%
Q2 25
6.8%
-125.5%
Q1 25
5.1%
19.9%
Q4 24
5.8%
-0.6%
Q3 24
9.6%
-1.6%
Q2 24
11.1%
8.1%
Net Margin
CNH
CNH
KHC
KHC
Q1 26
0.3%
Q4 25
1.9%
10.2%
Q3 25
2.2%
9.9%
Q2 25
5.3%
-123.2%
Q1 25
4.1%
11.9%
Q4 24
2.6%
32.4%
Q3 24
7.7%
-4.5%
Q2 24
9.0%
1.6%
EPS (diluted)
CNH
CNH
KHC
KHC
Q1 26
$0.01
Q4 25
$0.08
$0.56
Q3 25
$0.06
$0.52
Q2 25
$0.17
$-6.60
Q1 25
$0.10
$0.59
Q4 24
$0.10
$1.76
Q3 24
$0.24
$-0.24
Q2 24
$0.34
$0.08

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CNH
CNH
KHC
KHC
Cash + ST InvestmentsLiquidity on hand
$1.6M
$2.6B
Total DebtLower is stronger
$19.3B
Stockholders' EquityBook value
$7.8M
$41.7B
Total Assets
$42.0M
$81.8B
Debt / EquityLower = less leverage
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CNH
CNH
KHC
KHC
Q1 26
$1.6M
Q4 25
$2.6B
$2.6B
Q3 25
$2.3B
$3.1B
Q2 25
$2.5B
$2.6B
Q1 25
$1.7B
$2.8B
Q4 24
$3.2B
$1.3B
Q3 24
$1.8B
$1.3B
Q2 24
$2.0B
$900.0M
Total Debt
CNH
CNH
KHC
KHC
Q1 26
Q4 25
$19.3B
Q3 25
$19.3B
Q2 25
$19.3B
Q1 25
$20.9B
Q4 24
$19.2B
Q3 24
$19.4B
Q2 24
$19.3B
Stockholders' Equity
CNH
CNH
KHC
KHC
Q1 26
$7.8M
Q4 25
$7.8B
$41.7B
Q3 25
$7.8B
$41.5B
Q2 25
$7.8B
$41.4B
Q1 25
$7.9B
$49.5B
Q4 24
$7.7B
$49.2B
Q3 24
$7.7B
$48.3B
Q2 24
$7.6B
$48.9B
Total Assets
CNH
CNH
KHC
KHC
Q1 26
$42.0M
Q4 25
$42.7B
$81.8B
Q3 25
$43.3B
$81.7B
Q2 25
$43.7B
$81.6B
Q1 25
$42.1B
$90.3B
Q4 24
$42.9B
$88.3B
Q3 24
$44.0B
$88.6B
Q2 24
$44.0B
$88.8B
Debt / Equity
CNH
CNH
KHC
KHC
Q1 26
Q4 25
0.46×
Q3 25
0.47×
Q2 25
0.47×
Q1 25
0.42×
Q4 24
0.39×
Q3 24
0.40×
Q2 24
0.39×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CNH
CNH
KHC
KHC
Operating Cash FlowLast quarter
$35.0M
$1.4B
Free Cash FlowOCF − Capex
$-589.0M
$1.2B
FCF MarginFCF / Revenue
-15.4%
18.4%
Capex IntensityCapex / Revenue
3.2%
Cash ConversionOCF / Net Profit
3.50×
2.11×
TTM Free Cash FlowTrailing 4 quarters
$3.7B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CNH
CNH
KHC
KHC
Q1 26
$35.0M
Q4 25
$945.0M
$1.4B
Q3 25
$659.0M
$1.2B
Q2 25
$772.0M
$1.2B
Q1 25
$162.0M
$720.0M
Q4 24
$1.7B
$1.4B
Q3 24
$791.0M
$1.1B
Q2 24
$379.0M
$942.0M
Free Cash Flow
CNH
CNH
KHC
KHC
Q1 26
$-589.0M
Q4 25
$1.2B
Q3 25
$986.0M
Q2 25
$1.0B
Q1 25
$482.0M
Q4 24
$1.1B
Q3 24
$849.0M
Q2 24
$693.0M
FCF Margin
CNH
CNH
KHC
KHC
Q1 26
-15.4%
Q4 25
18.4%
Q3 25
15.8%
Q2 25
16.1%
Q1 25
8.0%
Q4 24
17.4%
Q3 24
13.3%
Q2 24
10.7%
Capex Intensity
CNH
CNH
KHC
KHC
Q1 26
Q4 25
3.2%
Q3 25
2.7%
Q2 25
2.9%
Q1 25
4.0%
Q4 24
3.8%
Q3 24
3.7%
Q2 24
3.8%
Cash Conversion
CNH
CNH
KHC
KHC
Q1 26
3.50×
Q4 25
10.99×
2.11×
Q3 25
8.24×
1.88×
Q2 25
3.62×
Q1 25
1.24×
1.01×
Q4 24
15.96×
0.65×
Q3 24
2.58×
Q2 24
0.88×
9.24×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CNH
CNH

Segment breakdown not available.

KHC
KHC

Taste Elevation$2.9B46%
Easy Ready Meals$1.1B17%
Hydration$471.0M7%
Cheese$440.0M7%
Meats$438.0M7%
Substantial Snacking$351.0M6%
Desserts$332.0M5%
Coffee$221.0M3%
Other Platform$127.0M2%

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