Analyzing Cost of Revenue: Cummins Inc. vs. CNH Industrial N.V.

In the competitive landscape of industrial manufacturing, understanding cost efficiency is crucial. This analysis delves into the cost of revenue trends for Cummins Inc. and CNH Industrial N.V. from 2014 to 2023. Over this period, CNH Industrial N.V. experienced a notable 34% decrease in cost of revenue, dropping from its peak in 2014 to its lowest in 2022. Conversely, Cummins Inc. saw a 79% increase, with costs peaking in 2023. This divergence highlights differing strategic approaches: CNH's focus on cost reduction versus Cummins' investment in growth. The data suggests that while CNH has streamlined operations, Cummins has expanded its market presence. These insights are pivotal for investors and industry analysts seeking to understand the financial health and strategic direction of these industrial giants.