CNH vs. MAIR: CNH Industrial vs. Madison Air Stock Comparison
How do CNH Industrial (CNH) and Madison Air (MAIR) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
CNH Industrial (CNH) and Madison Air (MAIR) both fall under the Capital Goods industry group, but CNH is classified in Machinery while MAIR is classified in Building Products.
CNH Industrial (CNH) has been public since September 30, 2013 with a meaningfully longer listed history, while Madison Air (MAIR) only listed on April 16, 2026 — long-window metrics on the MAIR side should be interpreted with caution.
| Profile Item | CNH | MAIR |
|---|---|---|
| Name | CNH Industrial N.V. | Madison Air Solutions Corporation Class A Common Stock |
| Country/Region | United Kingdom | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Machinery | Building Products |
| GICS Sub-Industry | Agricultural & Farm Machinery | Building Products |
| Market Capitalization | 18.59 billion USD | 11.56 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | September 30, 2013 | April 16, 2026 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CNH | MAIR |
|---|---|---|
| Total Return (1Y) | 38.02% | -- |
| Total Return (3Y, Annualized) | 11.70% | -- |
| Total Return (5Y, Annualized) | -0.45% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CNH | MAIR |
|---|---|---|
| Volatility (1Y, Annualized) | 45.52% | 57.10% |
| Beta (5Y) | 1.19 | 1.60 |
| Max Drawdown (5Y) | -43.80% | -51.16% |
| Avg. Volume (3M) | 18.71M | 2.60M |
Risk-Adjusted Performance
Risk-Return Positioning
Both CNH and MAIR need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | CNH | MAIR |
|---|---|---|
| Sharpe Ratio (1Y) | 0.74 | -- |
| Sortino Ratio (1Y) | 1.25 | -- |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: CNH Industrial (CNH) earns 3.91% on shareholders’ equity, ranked against its industry; Madison Air (MAIR) has no ROE this period.
CNH
Capital Goods industry group
3.91%
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- CNH
- 3.91%
- Min
- -17.12%
MAIR
Capital Goods industry group
--
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
- MAIR
- --
Net Margin (TTM)
Both CNH Industrial (CNH) at 1.71% and Madison Air (MAIR) at 3.73% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
CNH
Capital Goods industry group
1.71%
- Max
- 27.47%
- Q3
- 12.10%
- Median
- 6.30%
- CNH
- 1.71%
- Q1
- 1.40%
- Min
- -12.89%
MAIR
Capital Goods industry group
3.73%
- Max
- 27.47%
- Q3
- 12.10%
- Median
- 6.30%
- MAIR
- 3.73%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Madison Air (MAIR) at 19.76% operates in the top operating margin quartile, ahead of CNH Industrial (CNH) at 5.54%, which runs around its industry’s norm.
CNH
Capital Goods industry group
5.54%
- Max
- 36.60%
- Q3
- 18.33%
- Median
- 11.12%
- CNH
- 5.54%
- Q1
- 5.14%
- Min
- -12.63%
MAIR
Capital Goods industry group
19.76%
- Max
- 36.60%
- MAIR
- 19.76%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | CNH | MAIR |
|---|---|---|
| ROE (TTM) | 3.91% | -- |
| ROA (TTM) | 0.87% | -- |
| Net Margin (TTM) | 1.71% | 3.73% |
| Operating Margin (TTM) | 5.54% | 19.76% |
| Gross Margin (TTM) | 17.76% | 39.06% |
Growth
Revenue Growth
Madison Air (MAIR) at 34.07% sits in the top revenue growth quartile, while CNH Industrial (CNH) at -8.78% is in the bottom quartile, showing a clear gap in revenue momentum.
EPS Growth
Madison Air (MAIR) at -2.32% is around its peer norm for EPS growth, while CNH Industrial (CNH) at -58.59% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | CNH | MAIR |
|---|---|---|
| Revenue Growth (YoY) | -8.78% | 34.07% |
| Revenue Growth (3Y CAGR) | -8.41% | -- |
| EPS Growth (YoY) | -58.59% | -2.32% |
| EPS Growth (3Y CAGR) | -34.96% | -- |
Financial Strength
Current Ratio (MRQ)
Madison Air (MAIR) at 1.82 keeps current ratio within its industry’s typical mid-range, while CNH Industrial (CNH) at 4.88 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
CNH
Capital Goods industry group
4.88
- Max
- 5.22
- CNH
- 4.88
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
MAIR
Capital Goods industry group
1.82
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- MAIR
- 1.82
- Q1
- 1.43
- Min
- 0.36
Debt / Equity (MRQ)
Madison Air (MAIR) at 0.87 is near its industry mid-range for debt-to-equity ratio, while CNH Industrial (CNH) at 3.35 sits above its benchmark range, pointing to a heavier debt load relative to equity.
CNH
Capital Goods industry group
3.35
- CNH
- 3.35
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
MAIR
Capital Goods industry group
0.87
- Max
- 2.33
- Q3
- 1.12
- MAIR
- 0.87
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | CNH | MAIR |
|---|---|---|
| Current Ratio (MRQ) | 4.88 | 1.82 |
| Debt / Equity (MRQ) | 3.35 | 0.87 |
| Net Debt / EBITDA | 23.62 | 3.37 |
Dividends
Dividend Yield (TTM)
Madison Air (MAIR) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile CNH Industrial (CNH) reports a yield of 0.89%, ranking against industry peers normally.
CNH
Capital Goods industry group
0.89%
- Max
- 2.66%
- Q3
- 1.14%
- CNH
- 0.89%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
MAIR
Capital Goods industry group
0.00%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- MAIR
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Madison Air (MAIR) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile CNH Industrial (CNH) reports a payout of 40.00%, ranking against industry peers normally.
CNH
Capital Goods industry group
40.00%
- Max
- 67.39%
- CNH
- 40.00%
- Q3
- 28.02%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
MAIR
Capital Goods industry group
0.00%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- MAIR
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CNH | MAIR |
|---|---|---|
| Dividend Yield (TTM) | 0.89% | 0.00% |
| Dividend Payout Ratio (TTM) | 40.00% | 0.00% |
Valuation
P/E Ratio (TTM)
Both look expensive on trailing earnings: CNH Industrial (CNH) at 46.24 sits in the richer P/E ratio quartile, and Madison Air (MAIR) at 164.57 is richer still, above its industry range.
CNH
Capital Goods industry group
46.24
- Max
- 59.38
- CNH
- 46.24
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
MAIR
Capital Goods industry group
164.57
- MAIR
- 164.57
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
CNH Industrial (CNH) at 1.02 sits in the cheaper P/S ratio quartile while Madison Air (MAIR) at 3.09 prices around its industry’s middle — CNH costs less per dollar of sales, though read it alongside growth and margins.
CNH
Capital Goods industry group
1.02
- Max
- 7.54
- Q3
- 3.76
- Median
- 2.15
- Q1
- 1.03
- CNH
- 1.02
- Min
- 0.03
MAIR
Capital Goods industry group
3.09
- Max
- 7.54
- Q3
- 3.76
- MAIR
- 3.09
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
On P/B ratio, both CNH Industrial (CNH) at 1.84 and Madison Air (MAIR) at 3.17 are valued close to their industries’ norm against book — neither stands out from peers.
CNH
Capital Goods industry group
1.84
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- CNH
- 1.84
- Q1
- 1.81
- Min
- -1.08
MAIR
Capital Goods industry group
3.17
- Max
- 9.66
- Q3
- 5.00
- MAIR
- 3.17
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | CNH | MAIR |
|---|---|---|
| P/E Ratio (TTM) | 46.24 | 164.57 |
| P/S Ratio (TTM) | 1.02 | 3.09 |
| P/B Ratio (MRQ) | 1.84 | 3.17 |
| Free Cash Flow Yield (TTM) | 3.03% | -- |